In a place bet in the game of craps, you are betting on a specific number (4, 5, 6, 8, 9, or 10) to be rolled before a 7. The payouts for place bets vary depending on the number you’re betting on:
– If you place the number 4 or 10, the payout is 9:5. This means for every $5 you bet, you win $9 if your number is rolled before a 7.
– If you place the number 5 or 9, the payout is 7:5. For every $5 you bet, you win $7 if your number is rolled before a 7.
– If you place the number 6 or 8, the payout is 7:6. For every $6 you bet, you win $7 if your number is rolled before a 7.
Remember that these payouts are less than the true odds of rolling these numbers before a 7, which means the house has an edge on place bets. It’s important to note that the actual amount you win will depend on the size of your bet and the specific payout odds for the number you’ve chosen.