Craps: Paying the vig on the 4 and 10

4 Apr 2010

By Frank Scoblete

Dear Frank:

Can you please tell me what the difference is between a casino that does not charge a vig on the 4 and 10 at a $10 rate, and a casino that charges a vig at a $20 rate?

Can you please demonstrate the percentages between the two examples?

Thank you so much!

Chris

Dear Chris:

If there is no vig, meaning no house edge at a $10 bet on the 4 or 10, you get paid $20 for a $10 bet. The casino does not take any money from you. The game is breakeven.

The payoff for a normal $10 place bet on the 4 or 10 is $18-to-$10. Thus, the house edge is 6.67% or a loss of 67 cents per $10 wagered.

If a casino allows you to buy the 4 or 10 for $20 where you pay the $1 vig on both wins and losses, the house edge is 4.76%. You will lose 94 cents on your bet.

If the $1 vig is only taken out of winning buys bets, then buying the $20 comes in with a house edge of 1.67% or a loss of 66 cents.

For your letter, I am giving you a free 30-day subscription to my private members-only website at www.goldentouchcraps.com. We have over 5,000 members on this site and I think you will enjoy it.

All the best in and out of the casinos!

Frank Scoblete

This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net.

Craps: Paying the vig on the 4 and 10 is republished from CasinoCityTimes.com.

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	Craps: Paying the vig on the 4 and 10 4 Apr 2010 By Frank Scoblete <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> Dear Frank: Can you please tell me what the difference is between a casino that does not charge a vig on the 4 and 10 at a $10 rate, and a casino that charges a vig at a $20 rate? Can you please demonstrate the percentages between the two examples? Thank you so much! Chris Dear Chris: If there is no vig, meaning no house edge at a $10 bet on the 4 or 10, you get paid $20 for a $10 bet. The casino does not take any money from you. The game is breakeven. The payoff for a normal $10 place bet on the 4 or 10 is $18-to-$10. Thus, the house edge is 6.67% or a loss of 67 cents per $10 wagered. If a casino allows you to buy the 4 or 10 for $20 where you pay the $1 vig on both wins and losses, the house edge is 4.76%. You will lose 94 cents on your bet. If the $1 vig is only taken out of winning buys bets, then buying the $20 comes in with a house edge of 1.67% or a loss of 66 cents. For your letter, I am giving you a free 30-day subscription to my private members-only website at www.goldentouchcraps.com. We have over 5,000 members on this site and I think you will enjoy it. All the best in and out of the casinos! Frank Scoblete This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Craps: Paying the vig on the 4 and 10 is republished from CasinoCityTimes.com.