Many people choose to utilize these bets when they wish to bet on a certain point number. It's a little similar to taking odds but you don't need to first establish a number as you would when betting the Passline or Come. In order to establish a bet on the point number of your choice, you would toss the chips to the dealer saying, for example, "Place the 6 please". The dealer will then take your chips and place them on the designated number in such a way as to indicate whose bet that is. Remember, never try to place the chips yourself, that area of the table is controlled by the dealer and only he may place the bets there. These bets win every time that number is rolled and lose when a 7 is rolled. The bet stays in play until a 7 is rolled or you take it down. you are free to take down the bet at any time between rolls.
So, what are the payouts and the proper bet amounts?
6, 8 pays 7 to 6
5, 9 pays 7 to 5
4, 10 pays 9 to 5
The proper bet amounts, therefore, would be multiples of 6 on the 6 and 8, and multiples of 5 on the 5, 9, 4, and 10. Again, if you ever have any doubt or get confused, simply ask the dealer what the proper amount would be for a specific bet. They are always happy to help.
The people this bet appeals to are those that want to place a wager on a point number without the dice deciding the number for you. Once placed, the wager also stays in effect until either a 7 is rolled or the bet is taken down by the player. Take note of the payouts, they are slightly different than the Odds payouts for the respective numbers. The House Edge on these bets aren't that bad (which is a good thing), so these are reasonable bets for the player.
Play around and try out some of these bets as well as the Come with Odds and see how it suits you. You'll eventually find a betting style that you like and will probably mix it up a little depending on how well you're doing. Main thing is to utilize the bets with the smallest House Edge more and either stay completely away or minimize your wagers on the bets with the larger House Edges. Let the ill-informed and ignorant players take the sucker bets.
Speaking of Sucker Bets, let me take a moment to address a couple bets I always tell people to NEVER, EVER make. The Sucker Bets of which I speak are the Big 6 and Big 8 bets. You will find these bets colored in red in the lower left and lower right corners of the table. You can bet any amount on these bets and you will get even money if the 6 or 8 gets rolled and lose if a 7 is rolled. By the way, this is such a sucker bet that it's actually illegal in Atlantic City, so you won't find the bet on tables there. If you were to bet something on the Big 6/8, why wouldn't you just Place the 6 or 8 and get a better payout? Don't be a sucker, the world has enough of those already.
Hope you've enjoyed learning about the Place Bets, have fun experimenting and if you happen to see me at the tables, come on over and say "Hello", I'm always willing to chat for a few minutes or sign an autograph. And please, feel free to send me over a 151/Coke, that's always a good ice-breaker!! As always.......
WORK HARD, PARTY HARDER!!!!!!!!!!!!!!!!!!!!
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