Do casinos pay exactly what pay out is? craps has 5-11 pay out but with a 1$ bet thats 45 cents?

Question

if i bet 1$ on place to lose on 4 or 10 at 5-11 pay out, will the casino realy only give me 45 cents?

or do they round it up to 50 cents and have a minimum bid of 2$ on things like those?

basicaly i am asking, with odds such as, 5-11, 6-5 etc. how strick is the casino with that, and what are minimum bids at low stakes craps tables? playing at morongo btw.

Answer 1

yes, they have to pay exactly what is their stated payout. howeve, they usually avoid this situation by having minimum bet amounts.

the smallest unit i've seen on a non-roulette table is $5 paigow with a 5% commission, so they would give back 9.75 on the win.

Answer 2

A craps table dealer will never round up. If they rounded up to $0.50 there would be no house edge. He is, however, quite willing to round down since that increases the house advantage.

<<<if i bet 1$ on place to lose on 4 or 10 at 5-11 pay out, will the casino realy only give me 45 cents?>>>

At best you would probably get $0.25. I have never seen a casino with table game payouts in denominations under $0.25, and it has been years since I have seen one that used $0.25 on craps tables. (That was at the Cal-Neva in Reno. I have not been there for over 20 years.)

Most craps table have minimum bet of at least $5, but minimums may be as high as $25 during busy hours. You can call the Morongo table games hotline toll free at

Table Games Hotline

1-800-252-4499, ext. 23618

and they will be glad to tell you what their minimum is.

Answer 3

you really need to play no less than 5 dollars in craps to get fare odds.if im on a budget and cant take true odds then i would make a place bet on the number you want.