For the skilled dice-influencer, Put-bets can be a very valuable advantage-play tool.
What is a Put-bet?
Traditionally, a Put-bet was made on the Passline AFTER the shooter established his PL-Point.
For example, say you had no bets and the shooter rolled an 8, a number you would like to bet on. You could then "Put" a bet down on the Passline and then take the maximum odds. Or if you already have a Passline bet established, but you wanted to increase your Odds; you could add to the flat portion of your PL-wager, and then increase your Odds to correspond to the full allowable amount.
That’s the “traditional” way of using a Put-bet; however for the skilled shooter who plays with an advantage over the house; there are much better ways to use it.
For example, in casinos that offer high-Odds (10x, 20x, and 100x-Odds for example); it can be advantageous for you to Put-bet the individual box-numbers instead of Place-betting them.
A Put-bet can also be used like a Come-bet…but it’s made without going through the Come-bet’s come-out roll. Essentially, you get to pick which box-number becomes your Come-bet Point instead of letting the dice decide for you. That way, you can avoid all of those instant Come-bet losing 2’s, 3, and 12’s, and put your money directly on the box-number(s) where you think it will do the most good.
You can make multiple Put-bets on as many or as few box-numbers as you wish, and it requires the same table-minimum bet as it would on the Passline.
It also allows you to back the flat-portion of that bet with up to table-maximum Odds…and that’s precisely where the advantage-play dice-influencer can take even better advantage of their skillful shooting.
How Odds make the Difference
By taking the Odds, especially in a house that offers 5x or higher Odds; the combined house-edge is generally lower than a corresponding Place-bet or Buy-bet.
The following table shows the house-edge according to the Point and the multiple of Odds that you back it with:
| Put-bet | PL-Point | PL-Point | PL-Point |
| NO | -33.33% | -20.00% | -9.09% |
| 1x | -16.67% | -10.00% | -4.55% |
| 2x | -11.11% | -6.67% | -3.03% |
| 3x | -8.33% | -5.00% | -2.27% |
| 4x | -6.67% | -4.00% | -1.82% |
| 5x | -5.56% | -3.33% | -1.52% |
| 6x | -4.76% | -2.86% | -1.30% |
| 10x | -3.03% | -1.82% | -0.83% |
| 20x | -1.59% | -0.95% | -0.43% |
| 100x | -0.33% | -0.20% | -0.09% |
The Twain Where PUT-bets Outperform PLACE-bets
The effectiveness of Put-bets only comes through if you intend to back them with Odds; and even then, a Place-bet will outperform a Put-bet if you wager too little Odds on it.
-If your Put-Point number is a 4 or 10, the house-edge on the Put-bet with 6x-Odds is the same as a corresponding Buy-bet.
-If your Put-Point number is a 5 or 9, the house-edge on the Put-bet with 4x-Odds is the same as a corresponding Place-bet.
-If your Put-Point number is a 6 or 8, the house edge on the Put-bet with 5x-Odds is the same as a corresponding Place-bet.
So what does that means in practical terms?
Well, in order to get the true Odds benefit of using a Put-bet in the first place; you’ll want to back your Put-bet Point with at least:
7x-Odds if it’s a 4 or 10
5x-odds if it’s a 5 or 9
6x-Odds if it’s a 6 or 8...
...for the house-edge to be lower than a corresponding Place-bet or Buy-bet.
Real-World Examples
You are in a 10x-Odds casino that allows Put-bets, and you are playing on a $10 table with a sufficient bankroll.
Comparing a PUT vs. BUY 4 or 10
-Buying a Place-bet on the 4 or 10 for $105 will net you $200 when it wins. That’s a 190.47% return-on-investment.
-Put-betting the 4 or 10 for $10 and backing it with 10x-Odds will net you $210 when it wins.
That’s a 190.90% return-on-investment.
In this case, a Put-bet gives you a 2.25% advantage.
Comparing a PUT vs. PLACE 5 or 9
-Place-betting a 5 or 9 for $110 will net you $154 when it wins. That’s a 140.00% return-on-
investment.
-Put-betting the 5 or 9 for $10 and backing it with 10x-Odds will net you $160 when it wins.
That’s a 145.45% return-on-investment.
That 3.9% Put-bet premium over normally expected returns from a Place-bet, tend to add
up and compound their profit-contributing effect over multiple wins.
Comparing a PUT vs. PLACE 6 or 8
-Place-betting a 6 or 8 for $108 will net you $126 when it wins. That’s a 116.66% return-on-
investment.
-Put-betting the 6 or 8 for $10 and backing it with 10x-Odds will net you $130 when it wins.
That’s a 118.18% return-on-investment.
That’s a narrow, but still profitable 1.3% Put-bet advantage.
A Compelling Argument for the Use of Put-bets
When you look at those numbers on a per-win basis, many players don’t consider Put-bets worth the hassle; but when you look at the profit difference they can contribute to your bankroll over several sessions…their positive input is undeniable.
Even for a modestly skilled dice-influencer, those high-Odds Put-bet advantages, no matter how slim they might appear; can add up to a meaningful amount of extra dollars in your advantage-play rack.
Good Luck and Good Skill at the Tables…and in Life.
The Mad Professor
Copyright © 2007-2008
