Place Bet Payout

The Place Bet is similar to a Pass/Come bet, if you're betting on one of the numbers 4,5,6,8,9, or 10 to be rolled before the 7 is rolled. The difference is you get to choose which number. The payout for each wager is a little better than 1-to-1, which is why players sometimes prefer to make these wagers.

Get up to a $500 New Member Bonus

Place Bet Payout Calculator

BUSR is the best site to bet on horses. Why? Because, all new members will get up to a $500 bonus for joining and you can also qualify for an extra $150 bonus!

Place Bet Payout Options This type of craps bet offers payouts that are quite good, especially in comparison to the ones provided by other craps bets. As a matter of fact, the payouts are nearly identical to true odds but are usually a bit smaller. The actual odds of rolling a 4 or a 10 are 2 to 1. If the bet was for strictly $2 ea the payout would've been $3.20 + $2.40 for a total win of $5.60. However, I played this for $5 ea so the payout is 2 1/2 times the amount shown. The Place payout was $8.00. Place terms are the odds you get for the place part of your bet, whether that is the place part of an each-way bet or whether you have a ‘ place only ' bet. Obviously for placing, rather than winning you will get. Using the payout odds of 9:5, you know your minimum bet of $10 equates to two $5 'units'. You need to multiply the total number of units you want to bet by the amount the casino will pay out if the bet wins.

Start your horse betting with BUSR today!

Place - Your horse must come in first or second.

Next to the win bet, the Place wager is one of the oldest and most traditional. With a place wager, your horse must finish first or second. The wager pays the same whether your horse wins or not.

Place Bet Odds

Place and Show bets are much more conservative , as you are giving yourself room for error since your horse can finish first or second, or first, second or third in case of show. However this means that the payoffs are a bit lower since you are sharing the place payoff with another horse or two. They are are most commonly used along with other wagers, such as 'win and place', 'across the board' or 'win, place, and show', or 'place and show'.

Place payoffs and results
Place payoffs typically pay between $3.00 and $10.00, but can pay more with longshots and less with overwhelming favorites. Since the money you win in a place bet is generated by all of the money bet on the losing horses, the more horses in the race the greater your chances for a larger place payoff.

Reading the Tote Board
One important distinction is that the Place pool is an entirely different pool than Win. This means that horses may be bet differently in each of the pools. In a place wager, because you don't know which other horse will place, it is difficult to predict your potential place payoffs. But, by comparing the place dollars to the win dollars, you can check the percentage of dollars on your horse to place.

For example, looking at the #1 horse below, we can see that he has approximately 10% of the win pool, with $2,011/$20,000 = 10%. If we use the Win odds to as a yardstick, we would expect that the #1 would have about 10% of the Place pool bet on him, or $1,000 of the $10,000 Place pool. However, we can see that #1 has only $622 bet to place, or closer to 6% of the pool. This means that the #1 is paying better odds in the Place pool. The #1 is 8-1 to Win, but he is being bet like a 14-1 in the Place pool and will pay more accordingly.

Crapless Craps Place Bet Payouts

Get up to a $500 New Member Bonus

Place Bet Payout Calculator

BUSR is the best site to bet on horses. Why? Because, all new members will get up to a $500 bonus for joining and you can also qualify for an extra $150 bonus!

Place Bet Payout Options This type of craps bet offers payouts that are quite good, especially in comparison to the ones provided by other craps bets. As a matter of fact, the payouts are nearly identical to true odds but are usually a bit smaller. The actual odds of rolling a 4 or a 10 are 2 to 1. If the bet was for strictly $2 ea the payout would've been $3.20 + $2.40 for a total win of $5.60. However, I played this for $5 ea so the payout is 2 1/2 times the amount shown. The Place payout was $8.00. Place terms are the odds you get for the place part of your bet, whether that is the place part of an each-way bet or whether you have a ‘ place only ' bet. Obviously for placing, rather than winning you will get. Using the payout odds of 9:5, you know your minimum bet of $10 equates to two $5 'units'. You need to multiply the total number of units you want to bet by the amount the casino will pay out if the bet wins.

Start your horse betting with BUSR today!

Place - Your horse must come in first or second.

Next to the win bet, the Place wager is one of the oldest and most traditional. With a place wager, your horse must finish first or second. The wager pays the same whether your horse wins or not.

Place Bet Odds

Place and Show bets are much more conservative , as you are giving yourself room for error since your horse can finish first or second, or first, second or third in case of show. However this means that the payoffs are a bit lower since you are sharing the place payoff with another horse or two. They are are most commonly used along with other wagers, such as 'win and place', 'across the board' or 'win, place, and show', or 'place and show'.

Place payoffs and results
Place payoffs typically pay between $3.00 and $10.00, but can pay more with longshots and less with overwhelming favorites. Since the money you win in a place bet is generated by all of the money bet on the losing horses, the more horses in the race the greater your chances for a larger place payoff.

Reading the Tote Board
One important distinction is that the Place pool is an entirely different pool than Win. This means that horses may be bet differently in each of the pools. In a place wager, because you don't know which other horse will place, it is difficult to predict your potential place payoffs. But, by comparing the place dollars to the win dollars, you can check the percentage of dollars on your horse to place.

For example, looking at the #1 horse below, we can see that he has approximately 10% of the win pool, with $2,011/$20,000 = 10%. If we use the Win odds to as a yardstick, we would expect that the #1 would have about 10% of the Place pool bet on him, or $1,000 of the $10,000 Place pool. However, we can see that #1 has only $622 bet to place, or closer to 6% of the pool. This means that the #1 is paying better odds in the Place pool. The #1 is 8-1 to Win, but he is being bet like a 14-1 in the Place pool and will pay more accordingly.

Crapless Craps Place Bet Payouts

Place Bet Payouts Craps

This is like bargain shopping, when we get the value of a larger payoff when it 'should' offer a lesser payoff. The 'should' is based on the assumption that the Win odds are more correct that the Place odds. This is a logical assumption, however, since the Win odds are easier to see and more attention is paid to them, it is more likely that the Win odds are a truer reflection of the horse's chances. Keep in mind that if the #1 wins he will still pay more to win than to place (because Place has to be divided with another horse), but the #1 is a good value in the Place pool. In this case, it might make sense to bet the #1 only to Place.