The Secret of Put Bets
Pssst...! Wanna know a secret?
How about the secrets of making money with put bets?
When you are playing at a casino offering 10X odds and you make a pass line bet, would you rather have a 4 point or a 6 point to add your odds to? If youd like to be able to choose your point numbers on a 10X or higher casino, then put bets are for you.
Wanna know the secrets that craps pros use to make money with put bets?
Let's find out!
A put bet is a wager that has been all but ignored until just recently, but thanks to the proliferation of casinos offering 10X odds and above, it is becoming more common. A put bet is a pass line bet that you put up after the point is established. For example, if you have not placed a pass line bet and the shooter rolls a point of six, you can then put a bet on the pass line, with the appropriate odds. However, this bet loses the advantage a pass-line player has before the point is established, so it has gone unused in most craps games.
Today, though, we see casinos offering 5X, 10X and 100X odds on pass line bets. These extra odds offset the players advantage before the come out roll for pass line bets if the point is a six or eight.
Some casinos do not know what a put bet is, so just ask your friendly dealer if you can make a pass line bet with full odds after the point is established. The more experienced dealers will let you make a put bet, even if you dont ask first. Put bets are most beneficial in establishments that offer 100X or unlimited odds, but you can try them in your favorite casino, even if it only offers 10X odds. Remember to do this only if the point is six or eight and only if you can add 10X odds or more. This means that if you have a $5 flat bet and take $50 odds, you will win $60 (at 6:5 odds) plus $5 for your flat bet, for a total of $65.
The big advantage to put bets is that you get to choose your own point numbers. The disadvantage is that you miss out on the come out sevens and elevens. But remember, you dont add any odds until the point is established, so on come out sevens and elevens, all you win is your minimum flat bet, which usually is just $5.
It is more profitable if you increase the chances of winning your added odds bets, and you have a better chance of doing this with the six or eight points.
Pssst...! Now you know the secrets of put bets!
(c) 2005 by Larry Edell
Author Bio: Larry Edell
Larry Edell
Larry Edell has been the editor of The Crapshooter Newsletter since 1994. He has published nine books and over two hundred different articles in magazines such as Casino Player, Gaming Today, Mid West Players and Gambling Times.
He is also the Craps Editor at casino.com
His site, TheCrapshooter.com launched in September 2000, as the internet property of Larry Edell and Leaf Publishing. Larry is the world-renowned expert on the casino game of craps, and his award-winning newsletter, The Crapshooter, has been in publication for more than seven years.
This site is designed for both the beginner and expert players. You can learn the basics of the game in our "Learn to Play" section, then try out your luck in our "Play for Free" games. Expert players in the know subscribe to The Crapshooter Newsletter to get solid advice offline that they can take with them to their next casino outing. Even the best players will sharpen their skills by reading up on advice from Larry and other contributing writers, gambling experts in their own right like Frank Scoblete, Henry Tamburin, John Patrick and Jerry Patterson.
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