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The Place Bet
The place bet is a variation of betting with a number. You can
make a place bet anytime by handing the dealer your bet and saying
'I want to place the 8' or whatever number you want to place bet
for. You can make a place bet at any time on any of 4, 5, 6, 8,
9 or 10. If the number you have 'placed' is hit before a 7, you
win and you're paid as follows: 4 or 10 placed - 9:5 odds, 5 or
9 placed - 7:5 odds, 6 or 8 placed - 7:6 odds.
Notice the pass line bet offers better odds, so basically you should
stick with it over the long run. Although you can technically place
a place bet at any time, it is impossible for it to come into effect
until the shooters point is set, therefore it is more acceptable
to ask for this bet after the come out roll is over.
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