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1. Craps Lay Odds Betting
2. Craps Lay Odds Better
3. Craps Lay Odds Between 2
4. Craps Lay Odds Between Two

I don't bet based on how much in chips I have, because I typically have way more in my pocket than I do in chips. On the don't pass, typically will lay max odds on 4/5/9/10 and typically won't lay any odds against 6/8. Sometimes I'll even over lay the 4/10. Then again, I don't play craps much since there's no edge. Casinos in Las Vegas for example will allow players to wager 10x, 50x and even 100x odds bets. The rule of thumb is this: The more money you bet on the odds bet, the lower the house edge becomes in your overall pass/come bet that you originally made. The odds bet itself pays out true odds, meaning there is a 0% (yes zero) house edge. This process is known as “laying the odds” in craps parlance, as opposed to “taking the odds” for Pass Line bettors. If you successfully lay the odds as a wrong way bettor, and see the shooter seven out before landing the point number again, you’ll earn a payout on your Odds bet equal to the true odds. Lay 6 / Lay 8 pays 5:6 on wins, but the house also takes out a 5% commission on every bet. If the commission is only taken out of wins, the house advantage drops to 227%. What Craps Bets Should You Make Instead?

Craps LAY BETS Strategy on come out roll explained below.
There are six craps lay bets available. You can lay the 4, 5, 6, 8, 9 or 10.
Those are the same numbers that become points if the shooter rolls them on the come out, and the same numbers available to right bettors as place bets.
In each case, you win the bet if the shooter rolls a 7 before rolling your number, and you lose if the shooter rolls your number first. No numbers matter other than 7 and the number you lay.
Let’s say you lay the 6. That means you win only if the shooter rolls a 7 before the next 6. If the next few rolls are 11, 5, 9, 3 and so on, nothing happens to your bet. Those numbers don’t matter.
At any point, if a 7 turns up, you win, or if the roll is 6, you lose.
LAY BETS ODDS OF WINNING
There are 36 possible combinations of two six-sided dice in craps lay bets. Six of those combinations total 7, while 5 total 6, five total 8, four each total 5 and 9 and three each total 4 and 10.
That means you’ll win six times for every five times you lose if you lay 6 or 8, win six times per four losses on 5 or 9 and win six times per three losses on 4 or 10.
The odds in favor or your winning lay bets are 6-5 on 6 or 8, 3-2 on 5 or 9 or 2-1 on 4 or 10.
LAY BETS PAYOFFS AND COMMISSION
Because you win more often than you lose, the house charges a commission in order to gain an edge.
Payoffs are commensurate with true odds. If you bet $6 on 6 or 8, a winner will bring you $5. If you bet $3 on 5 or 9, a winner will bring you $2, and if you bet $2 on 4 or 10, a winner will bring you $1.
The commission amounts to 5 percent of the amount you would win if the shooter rolls a 7.
Let’s set our bet sizes all to amounts that would win $20 to make an easy comparison.
If you lay 6 or 8, you must wager $24 for a chance to win $20 – the 6-5 odds multiplied by four. Fiver percent of $20 is $1, so that’s the commission you must add to your wager, so your full bet is $25 for a chance to win $20.
If you lay 5 or 9, you must start with $30 for a chance to win $20, and the 1 percent commission brings your total risk to $31.
If you lay 4 or 10 you must start with $40 for a chance to win $20, and the 1 percent commission bring your total risk to $41.
Some casinos charge the commission only if your bet wins. That makes a difference in the house edge, as we’ll see below.
LAY BETS HOUSE EDGE
The best deal on lay bets is on 4 or 10, where the commission represents the smallest proportion of your bet.
Let’s start with casinos where you must pay the commission on all lay bets, win or lose.
If you lay 4 or 10, the house edge is 2.44 percent. In the long run, per $100 wagered, you would average $2.44 in losses
If you lay 5 or 9, the house edge is 3.23 percent.
If you lay 6 or 8, the house edge is 4 percent.
What if the house charges the commission only on winning bets? Then the house edge is reduced on all numbers.
On 4 or 10, commission on winners only, the house edge is 1.67 percent.
On 5 or 9, commission on winners only, the house edge is 2 percent.
On 6 or 8, commission on winners only, the house edge is 2.27 percent.
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LAY BETS HOUSE EDGE
On 4 or 10, commission on winners only, the house edge is 1.67 percent.

but it can be lower and I have seen this and made these bets a lot.
Lay the 4 for $50 (sure you could Lay the 10)
you win $25
and 5% of $25 = $1.25 = vig
most will always pay $1 vig (I never seen it different)
so edge = 1 / 75 or a sweet 1.33%
better than the line bets and the place bets of 6 & 8
next
and there are others too
SallyBuy bets are the flip side of Lay bets. Because the casino bankroll is essentially infinite, the guerrilla strategic imperative to minimize losses suggests taking the small end rather than laying the large end of the bet.
All four outside box numbers can be bought for a $2 commission when the bet size is $50.You're right about the opposite of lay bets but problem is you need to roll all 6 numbers for you to get paid, but if you lay all the numbers you just need to roll the easiest number on the dice one time to get paid.
The best part is many of the shooters also hope to roll a seven on come out roll. I would never say it's a get rich quick kind of betting but it's pretty smart.AcesAndEights

You're right about the opposite of lay bets but problem is you need to roll all 6 numbers for you to get paid, but if you lay all the numbers you just need to roll the easiest number on the dice one time to get paid.

This is true, and in exchange, the lay bets PAY LESS for the privilege of winning more often (and, consequently, all at once).

Craps Lay Odds Betting

The best part is many of the shooters also hope to roll a seven on come out roll. I would never say it's a get rich quick kind of betting but it's pretty smart.

The dice don't give a good god damn about the shooters hopes or dreams. They will roll according to the probabilities, and you are no more likely to win your lay bets on the come out than you are any other time. But hey, you get to celebrate with the rest of the table, and there is something to be said for that.Lay what for 78?

Craps Lay Odds Better

Lay what for 78?

Craps Lay Odds Between 2

4 or 10

Craps Lay Odds Between Two

WMW, you and your cousin LMD should plan a trip to Vegas at the same time, that way we can kill 2 ---- birds with one stone.