What is a Place Win?
A place win, or a ‘place win bet’, is one of the wagers which can be made in craps. Place bets are wagers on any of the numbers 4, 5, 6, 8, 9, or 10 (also known as the ‘point numbers’. Players can opt to make a ‘place win’ or a ‘place lose’ bet – essentially a bet on whether seven will come before the chosen number (‘place lose’) or whether the number will appear before a seven (‘place win’).
Place Win Explained
In craps, one player at a time is designated as the ‘shooter‘ and takes control of the dice. In the first stage of the game, they aim to establish a ‘point‘ – roll one of the numbers 4, 5, 6, 8, 9, or 10. If they hit 2, 3, 7, 11 or 12 before making a point, the turn ends for them and a new shooter begins. If a point is established, players keep rolling until they make the point again, or until the turn is ended by rolling a seven. Meanwhile, the other players can bet on how the shooter’s dice will roll. Some bets count for a single roll and are won or lost on the next number. Others remain active over several rolls, and some stay in place for the whole round.
If a craps player opts to make a ‘place win’ bet, they are betting that their chosen number will be rolled before a seven is hit. It is the opposing bet to a ‘place lose’ bet, which pays when a seven comes before the chosen number. Place bets can be made on any of the point numbers – that is, one or more of 4, 5, 6, 8, 9 or 10. The bet remains active until it is won or lost – if any number except the chosen place and the seven is rolled, the bet plays on.
The odds paid on place win bets is determined by the number chosen, as some have more chance of being rolled than others. 4 or 10 pays 5:11, 5 or 9 pays 5:8, and 6 or 8 pays 4:5. This variation causes big fluctuations in the house edge. The 6/8 roll is most profitable with a 1.52%, edge, while the 4/10 roll has an unfavorable 6.67% swing in favor of the casino.