This is because the vig goes up due to the payout.
Notice the house edge climbs the more common the number. You’re placing your bet above the number you think will not be rolled before the next seven. You’re betting on only one number, but we’ve organized the table by true odds. Occasionally, you’ll see “no-vig” options, effectively dropping the house edge or casino advantage on the bet to 2% and lower. The vig is 5% of possible winnings at most online casinos, but you’ll see discounted offers as well as higher fees. In order to place a lay bet in craps, you’ll be paying a vig, or a small fee for better odds when compared to the normal craps place bets. You can place a buy bet that a six will come up before the next seven is rolled, and a lay bet that a six won’t come up before a seven is rolled.
You can place a lay bet on the opening roll, but it’s ill advised.Ī lay bet is like a craps buy bet in that it has a vig, but it’s taking the opposite position. Generally, your lay bet will get placed after the point number is rolled. A lay bet is a craps bet used at online casinos to get ‘true odds’ on a seven being rolled before a specific number being rolled.
