Craps Bets: Field, Place, Lay, Buy and Big Bets

There is more to craps than just pass line and come wagers. If you want to know about other craps bets, read on.

Field Bets

You will see the field bet section just over the don't pass area. The numbers 2 and 12 are circled. The field bet numbers are 2, 3, 4, 9, 10, 11 and 12. You do not have to wager individually on them. If any of these numbers pop out, your bet wins. If it is a number 5 through 8, you will lose. Often casinos will pay you a bonus if the shooter rolls either a 2 or 12. That is why these craps bets are circled. You may be paid 2-3 times your original wager.

Place Bets

To make a place bet means you are wagering on a particular number to come out. It can only be the numbers that can make a point: 4, 5, 6, 8, 9 and 10. You cannot place a bet on the on other numbers. If you wager on one number and it is rolled without being preceded by a 7, your bet wins. 4 and 10 are paid at 9 to 5 odds; 5 and 9 at 7 to 5 odds; and 6 and 8 at 7 to 6.

The place bet is made by giving one's chips to the dealer and verbally declaring this craps bet. The 6 and 8 can also be wagered on in the big bets.

Big Bets: Big 6 and Big 8

On the craps table you will see the numbers 8 and 6 with the word "BIG" above each of them. These are the big bets, big 8 and big 6. Essentially, it is the same as placing your stake on these numbers. But instead of referring your bet to the dealer, you can put your chips directly on either the big 6 or big 8 areas, whichever you are wagering on. This wager pays even money if you win.

Buy Bets

A buy bet is an attractive craps bet because it pays you at high odds. In return, the casino charges a 5% commission or vigorish as it is called. You can buy the numbers 4, 5, 6, 8, 9 and 10. The 4 and 10 are the most popular choices of all the buy bets since they have the nicest odds. If the number you picked is rolled prior to a 7, it wins.

Lay Bets

A lay bet can be regarded as the mirror image of the buy bet. It is one of the really exotic craps bets and you wouldn't want to bet on it until you are really quite experienced. As the term implies, a lay bet is like betting on a horse or athlete to lose in sports gambling ("laying"). You can pick the same numbers as in the buy bet, but you wager that the 7 will come up before your chosen number. The odds of 7 coming out are the highest, so if it does come out and you win, you will be paid less than what you wagered. 4 and 10 pay at 1 to 2; 5 and 9 reward you 2 to 3; and 6 and 8 pay out at 5 to 6 odds.