Lay bets in craps are wagers placed on true odds of a seven being rolled before a specific number. This type of bet is similar to a buy bet, but instead takes the opposite position.
Strategies for a lay bet involve starting with a don’t come bet and then following up with a lay bet on a number other than the point number.
Lay betting is a dark side strategy that must be approached with caution as other players may make fun of it.
For a successful lay bet, it is recommended to use an online casino such as Bovada, which provides an excellent interface, graphics, and gameplay.
This article will discuss the details of a lay bet in craps and offer strategies and considerations for betting.
What is it?
A Lay Bet in Craps is a wager placed after the point number is rolled for true odds on a seven being rolled before a specific number, similar to a Buy Bet but taking the opposite position.
The vig is usually 5% of the possible winnings at most online casinos, and no-vig options are available, reducing the house edge to 2% or lower.
Lay bets have an organized odds table according to true odds, with the house edge increasing with more common numbers.
As it is a dark side strategy, other players may make fun of it and it is considered bad luck.
It is recommended to place the lay bet after the first roll and as soon as the second roll, maximizing the chances before a seven.
A strategy combining a Don’t Come Bet with a Lay Bet on a number other than the point number has a good house edge similar to Pass Line and Buy Bet combinations.
Strategies and Considerations
When considering a strategy for craps, it is important to take into account the various advantages and disadvantages of the dark side approach.
Lay bets can be a viable option, provided the player is aware of the associated risks. The key advantages of a lay bet include:
1) low house edge of 2% or lower,
2) no vig on possible winnings,
3) bet after the point number is rolled.
However, there are several drawbacks that should be taken into account. These include:
1) less common numbers have a higher house edge,
2) other players may make fun of the strategy,
3) the bet must be placed as soon as the second roll.
Although lay bets are not for everyone, they can be a viable option for those willing to take the risk.
Bovada Online Casino
Bovada online casino offers a versatile platform for craps players interested in lay betting. It provides an appealing interface, smooth gameplay, and no-vig options which reduces the house edge to 2% or lower. Bovada also offers a variety of promotions, including bonuses for crypto users.
Players can practice their strategies in the free play mode, as lay bets require a specific understanding of true odds. The house edge increases with more common numbers, making it essential for players to maximize their chances before a seven is rolled.
Playing at Bovada, with its robust features and incentives, is an ideal choice for lay bettors.