Buy Bet [Meaning] - MasterTerms.com

Buy Bet

A Buy Bet is a wager in Craps where the player pays a 5% commission to the house in exchange for receiving true odds on a number.

In a Buy Bet, the player chooses one of the point numbers (4, 5, 6, 8, 9, or 10) and bets that the chosen number will be rolled before a 7. The advantage of the Buy Bet is that it pays true odds on the bet, meaning the payout matches the actual statistical likelihood of the number being rolled. The downside is that the player must pay a commission (usually 5%) to make the bet, which slightly reduces the overall payout.

Buy Bet Example

For example, if a player places a Buy Bet on the number 10 for $20, and the 10 is rolled before a 7, the player wins at true odds, typically paying $39 (true odds of 2:1 on a $20 bet minus the $1 commission).