Quote:
Originally Posted by bigpotpoker
What's the difference b/w buy and place in craps. When I see people betting all the #s, do you have to distinguish whether you're buying or placing?
Buy bets pay off at true odds but with a 5% vig. For example, if you place the 4 or 10 you get 9:5, if you buy you get 2:1 but pay the 5%, so placing $10 would win $18 but the buy would be $19. You can do it on any number, it's just best on 4 and 10. Some places will auto-buy them at a minimum bet size, others you can call it. Also, some places will have minimums in order to buy.
FTR, I don't think I've ever seen anyone buy anything but the 4 and 10, but mathematically it does work out on the other numbers as long as the bet is big enough.