Buy Bets in Craps
One of the options when you play online craps is the Buy Bet.
Let’s look at what these bets are and if they are good for
A Buy Bet is like odds or place bets except they have different
odds attached to them. The Buy Bet pays fair odds like Odds bets
except you have to pay a 5% commission to make the bet. Some online
casinos will only charge the commission on the 4 and 10 and only
if you win while others charge it on all of the Buy Bets. The
house edge on a Buy Bet for the 6 and 8 is about 1.5% but less
than 1% if commission is charged only on a win. The house edge
on the 5 and 9 is even less at about 1.3% and .56%. The house
edge on 4 and 10 is even lower at 1.2% and .42%.
The Buy Bet is a good option when you want to bet on the 4 and
10 but if you are going to bet on the 5 and 9 or 6 and 8 you are
better off going with a Place Bet.
Because the commission on the Buy Bet is 5% you want to bet at
least $20 because most of the time the minimum amount the casino
is going to take is $1. If you bet less than $20 you are likely
still going to get charged that $1. If you bet $20 or more then
the percentage is always 5%. Remember that if you want to actually
make a $20 Buy Bet you would wager $21 to cover the 5% commission.
Check out the Buy Bet the next time you are playing online craps.