What's the Point in Lay Betting?

Queue the Imperial March. DarthNater is in the house. Welcome to Heavy's Wrong Way Craps forum - where the discussions focus on the Dark Side of casino craps. You can bet our resident expert, DarthNater, has answers. If he doesn't, there are plenty of other Dark Siders who normally stand quietly down at the end of the table who will be more than willing to chime in. Not sure about making Don't Come Bets? Unsure about Lay Bets, and Laying Odds? Never heard of the One Hit - Can't Miss? Wouldn't know a Hybrid Play from a Zee-Donk? You've come to the right place. You'll find all that - plus Dark Side strategies for Dice Influencers - and MORE! Come on in.

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Cap-n_Lou
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Re: What's the Point in Lay Betting?

Post by Cap-n_Lou » Wed Jul 27, 2016 5:50 pm

That's what I like to do. Sometimes if the table has been icy I will even bet myself on the don't until I make a point then switch. Hey if I lose one line bet because I hit the point everyone else is happy and I can switch over knowing I didn't ignore what had been the trend to that point.

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mssthis1
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Re: What's the Point in Lay Betting?

Post by mssthis1 » Wed Jul 27, 2016 9:05 pm

Dark Side wrote:
mssthis1 wrote:
I agree. If it wasn't for the fact that you lose your turn after a seven out I would probably play the dark side exclusively.
If tossing the dice is an important part of your game, play the dark side on all shooters and play the right side when the stick pushes the dice to you.

Just a thought ...

DS

Hi Darkside. That is what I often do when playing on populated tables. The thing is if I walk into a casino and one table is full and the table next to it is completely empty I'll choose the empty table EVERY time even though I know it had to be trending cold.

I think I'll try what flex suggested and play the don't at least until I repeat a point when that situation arises.

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coaster
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Re: What's the Point in Lay Betting?

Post by coaster » Thu Jul 28, 2016 8:12 am

It seems like this has kind of deviated from the starting topic of lay bets but since we have arrived to this place I’ll toss in my $.02 worth.

Concerning the DP plays. That’s kind of what I’ve been doing lately also especially when starting out.

However, I don’t shoot for 7’s. Since I always use a set that produces many 6 & 8’s for me I have been using SIA’s 1 hit can’t miss with 1 exception.

After 2 hits I will bet the hand just like I would when playing the do side except I have a DP for $12. I like Heavy’s $18 6 & 8 play a lot so on the 3rd hit I go to $18 each. I’ll rack the next hit for 21 then go to 42 as they individually hit again. I like to rack 50 for 1 so usually stay at this level.

After I make 2 points I will switch to the PL side if my toss is feeling and looking right to me if it’s not I just stay on the DP. If the hand progresses even though I’m on the DP I can still place numbers that are showing.

Even though I'm not shooting for 7's it does take away some of the sting to be able to place $24 in my rack rather than loose that $10 PL bet.

I’ve also been using the basic 1 hit can’t miss on others unless I’m familiar with them or the table heats up.

This seems to be working pretty well for me, my style of play and my risk comfort level.

Coaster

SHOOTITALL
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Re: What's the Point in Lay Betting?

Post by SHOOTITALL » Thu Jul 28, 2016 9:04 am

Coaster: You have found what I have been advocating. After your first hit, you are ready to transition. Keep your reports coming on using it. You are a voice in the wilderness. sia
Your craps plan? The dice gods laughed.

Dark Side

Re: What's the Point in Lay Betting?

Post by Dark Side » Thu Jul 28, 2016 10:49 am

Cap-n_Lou wrote:That's what I like to do. Sometimes if the table has been icy I will even bet myself on the don't until I make a point then switch. Hey if I lose one line bet because I hit the point everyone else is happy and I can switch over knowing I didn't ignore what had been the trend to that point.
There's nothing wrong with this strategy. It's a matter of taking what the table is giving and making money.

DS

Dark Side

Re: What's the Point in Lay Betting?

Post by Dark Side » Thu Jul 28, 2016 10:57 am

mssthis1 wrote:
Hi Darkside. That is what I often do when playing on populated tables. The thing is if I walk into a casino and one table is full and the table next to it is completely empty I'll choose the empty table EVERY time even though I know it had to be trending cold.

I think I'll try what flex suggested and play the don't at least until I repeat a point when that situation arises.
Either way, it's about doing what fits your game.

I quit tossing the dice a while back however, I have a lot of fellow dark side players who use the same system all of you are talking about. It works for them ...

When I tossed the dice, I played from the PL only because I could never get comfortable betting against myself. Now that I play strictly from the dark side it's one less thing I have to think about. 8-)

DS

Dylanfreake
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Re: What's the Point in Lay Betting?

Post by Dylanfreake » Sat Jul 30, 2016 8:42 am

In a casino where the vig is only collected on a win , you could lay $50, , winning $25 , however the win after paying a $1 vig is $24. Not a bad deal since the house edge on this play is 1.33 %. That makes this the 5th worse bet on a craps table, after DP/PL laying or taking odds and DC/C laying or taking odds.

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heavy
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Re: What's the Point in Lay Betting?

Post by heavy » Sat Jul 30, 2016 9:51 am

I'd call that #5 on the craps "best bets" list.
"Get in, get up, and get gone."
- Heavy

SHOOTITALL
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Re: What's the Point in Lay Betting?

Post by SHOOTITALL » Sat Jul 30, 2016 12:04 pm

I think DF was doing a Grafstein tongue in cheek. He is prone to josh you a little.
Your craps plan? The dice gods laughed.

DanF
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Re: What's the Point in Lay Betting?

Post by DanF » Tue Jan 31, 2017 1:35 pm

But it will happen only 1 out of 5 times. Which means you lose 5 bets and win 6...so it is a good strat only if you're in luck that day, like any other

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heavy
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Re: What's the Point in Lay Betting?

Post by heavy » Tue Jan 31, 2017 1:42 pm

That's why they call it gambling . . .
"Get in, get up, and get gone."
- Heavy

DanF
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Re: What's the Point in Lay Betting?

Post by DanF » Tue Jan 31, 2017 1:45 pm

True. But gets costly quick when you have a session throwing 4's n 10 on comeout and SO early a few times. Been there on some bad days lol

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London Shooter
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Re: What's the Point in Lay Betting?

Post by London Shooter » Tue Jan 31, 2017 5:00 pm

I seem to have lost the gist of this thread. What bet are we talking about now that happens only 1 out of 5 but you lose 5 and win 6??

Dylanfreake
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Re: What's the Point in Lay Betting?

Post by Dylanfreake » Tue Jan 31, 2017 6:50 pm

Shootitall, I should have called laying $50 on a 4 or 10 , the 5th best worse bet on a craps table.

All bets on a craps table are bad bets since you are dealing with a negative expectation.

The odds bet whether you are Taking or Laying odds is the best bet ...But.... it can only be made when you have a front line or line bet on the table.

So that is why we mostly make PL, Come, Don't Pass , Don't Come, Place the 6 and /or 8. Lay the 4 and /or 10 for at least $50 ( on a table where commission is paid only on a win) and Buy the 4 and /or 10 (In Tunica , I think that means a $20 wager).

All of the above wagers have a house edge of less than 2%.

DanF
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Re: What's the Point in Lay Betting?

Post by DanF » Thu Feb 16, 2017 3:05 pm

In my opinion, don't lay bet unless you are throwing the dices and use a set to limit the outcome.

I like to laybet the 8 on comeout with 6-4;4-6 which has 4 sevens and 1 h8 on axis. Or parallel sixes and take no 5 or 9.

Golfer
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Re: What's the Point in Lay Betting?

Post by Golfer » Sat Feb 18, 2017 4:09 pm

Dan,use that set after you set a 6 or 8 as your point (when shooting from the don't). Hedge with an all day hard 8 if you feel the need.

sharkbyte
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Re: What's the Point in Lay Betting?

Post by sharkbyte » Mon Feb 27, 2017 10:01 pm

I haven't had the bankroll to play this (hope to by the time MGM Springfield opens), but this seems pretty strong through all testing...

This area is vig up front, so all calculations use this.

3 level progression, on the 4 and/or 10. One decision per 7. If you lose, stay down until the next 7 appears, regardless of shooter.
Level 1 - lay $41, win pays $20 -- Win stays at this level
Level 2 - lay $164, win pays $80 (clear $39) -- Win reverts to level 1
Level 3 - lay $488, win pays $240 (clear $35) -- Win reverts to level 1

Ideally I would like to play both sides at once, so I'm thinking minimum 2x full progression loss, per number, so $2772 bankroll.

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London Shooter
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Re: What's the Point in Lay Betting?

Post by London Shooter » Tue Feb 28, 2017 2:56 am

Sharkbyte - what's your entry point here? Are you straight off the bat on the come-out with the lays after each 7 or are you waiting a certain number of rolls?

sharkbyte
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Re: What's the Point in Lay Betting?

Post by sharkbyte » Tue Feb 28, 2017 7:00 am

I'm tracking from the first roll. Come-out 7's are too powerful to not have a bet working.

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London Shooter
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Re: What's the Point in Lay Betting?

Post by London Shooter » Fri Apr 07, 2017 1:46 pm

Thanks SB, that makes sense given the strategy you are employing.

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