Lay Bet [Meaning] - MasterTerms.com

Lay Bet

A Lay Bet is a type of wager in Craps that allows players to bet against the shooter. In a Lay Bet, players win if the shooter rolls a 7 before hitting the designated point number.

To place a Lay Bet, the player must choose a point number (4, 5, 6, 8, 9, or 10) and bet an amount that is typically double the odds of winning. For example, if a player lays a bet against the point of 4, they would need to wager $20 to win $10. If a 7 is rolled before the point number, the player wins; however, if the point number is rolled first, the player loses their bet.

Lay Bet Example

For instance, if a player places a Lay Bet of $20 against the point of 10 and the shooter rolls a 7 first, the player would win $20. However, if the shooter rolls a 10 before a 7, the player loses the $20 bet.