Lay Bet(s) ( craps )
A bet that a 7 will be rolled before the number you are placing (4, 5, 6,
8, 9, or 10) comes up.
The casino requires you to lay slightly more than the correct odds, giving
the house an edge of 3.03% on 4/10, 2.5% on 5/9,
and 1.82% on 6/8. This bet is the opposite of Buy Bets, and the 5% charge
is on the amount you could win,
not on the amount you bet. The 5% commission is usually taken up front, but
some casinos take the commission after the bet wins.
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