In casino every one comes to try their luck by making bets. They don’t bother about winning or losing as they know it’s the part of game. There are many types of betting goes in casino but most common is place bet
THE PLACE BET
The basic place number wager is the place bet. When you make this wager, you are betting that the number you bet on will be rolled before a 7. The choices of numbers are the ones in the six place number boxes on the layout, namely, 4, 5, 6, 8, 9, and 10. Although a place bet can be made at any time, it is usually made right after a come-out roll because all place bets are turned off (not working) during a come-out.
Winning place bets are paid off at less than true odds, giving the house a hefty percentage on most of the numbers. The payoff and house edge for each number is shown on the following chart.
To make a place bet, put your chips in the Come box and tell the dealer which number or numbers you want to bet on. The dealer will then move your chips to the appropriate place number box, positioning them so that he knows which player made the bet. You should never put your chips in any of the point number boxes—only the dealer is permitted to do that.
To be assured of getting the full payoff, your bet should be in multiples of $5 for the place numbers 4, 5, 9, or 10, and should be in multiples of $6 for the 6 or 8. Otherwise, an exact payoff would involve small change. If, for example, you made a $5 bet on 8, at 7:6 odds the exact payoff would be $5.83. You will likely be shorted on this payoff because most craps tables do not deal in increments of less than a dollar.
When you win a place bet, the dealer will return your winnings, but leave the original wager on the layout so that you still have a bet working on that number. You can, of course, ask that your original bet be returned. Just say to the dealer, “Please take down the 8,” or whatever number you are betting on.
Just as you can make a place bet at any time, you can also remove or take down the bet at any time.
Alternately, instead of taking it down, you can ask the dealer to turn off your bet for one or more rolls. He will then put an OFF button on top of your chips. You can also reduce or increase your bet whenever you want to.
Place bets are popular because you don’t have to wait for a number to appear twice in order to win, as you do with a pass or come bet. For instance, a $5 come bet on the 5, with $10 odds ($15 total action) will win $20 the second time the 5 appears. A $15 place bet on the 5 will win $21—and it will win the first time the 5 appears. The second time the 5 appears the place bettor will be ahead $42. Of course, the place bettor loses the odds advantage of the come-out roll.
To get the most action, many of these players do not bet just one number at a time, but spread their bets over several place numbers at once. For example, if you bet “$32 across,” you will be betting all the place numbers, and the dealer will put $5 each on the numbers 4, 5, 9, and 10, and put $6 on the 6 and the 8 ($5 + $5 + $5 + $5 + $6 + $6 = $32). If you bet “$22 inside,” you will be betting all four inside numbers: 5, 6, 8, and 9. If you bet “$20 outside,” you will be betting all four outside numbers: 4, 5, 9, and 10. The dealer will determine from the amount of money you give him whether or not you want a duplicate bet on an established point.
