The Place Bets
The Place Bet is similar to a Pass/Come bet, if you're betting on one of the numbers 4,5,6,8,9, or 10 to be rolled before the 7 is rolled. The difference is you get to choose which number. The payout for each wager is a little better than 1-to-1, which is why players sometimes prefer to make these wagers. The house edge on these wagers come in three grades, including good, bad, and worse bets, so it pays to know the difference.
The payouts on the Place 4 and Place 10 are 9:5, while the house edge is 6.67%. That is a bad bet. The payouts on the Place 5 and Place 9 bets are 7:5, while the house edge is 4.00%. That's better than the previous wagers, but still not good compared to other craps bets. The payouts on the Place 6 and Place 9 bets are 7:6, while the house edge is 1.52%.
Players wanting a handy reference should look at the Place Bet Payoff and House Edge Table below.
Bet Type - Payoffs - House Edge
- Place 4 - 9 to 5 - 6.67%
- Place 5 - 7 to 5 - 4.00%
- Place 6 - 7 to 6 - 1.52%
- Place 8 - 7 to 6 - 1.52%
- Place 9 - 7 to 5 - 4.00%
- Place 10 - 9 to 5 - 6.67%