N.J. Admin. Code § 13:69F-1.5
Current through Register Vol. 56, No. 24, December 18, 2024
Section 13:69F-1.5 - True odds on place bets (buy and lay bets); vigorish prohibited(a) Buy bets: In addition to the payout odds set forth in N.J.A.C. 13:69F-1.4 for place bets to win on 4, 5, 6, 8, 9, and 10, a casino licensee may offer a player the option of receiving true odds on these bets in return for the player paying to the casino licensee, at the time of making the bet, a percentage of the amount wagered which in no event shall exceed five percent of such wager. Notwithstanding the foregoing, a casino licensee may, for one or more pre-specified place bets at a designated table, collect the percentage of the amount wagered only on winning bets. A casino licensee that offers a player the option of receiving true odds on any of these place bets shall describe in its rules of games checklist whether, as to each specified place bet, it collects the percentage when the wager is made or when the wager is won. A casino licensee that offers a player true odds shall pay winning wagers as follows: | Bet | Odds |
| 4 to Win | 2 to 1 |
| 5 to Win | 3 to 2 |
| 6 to Win | 6 to 5 |
| 8 to Win | 6 to 5 |
| 9 to Win | 3 to 2 |
| 10 to Win | 2 to 1 |
(b) Lay bets: In addition to or in lieu of the payout odds set forth in N.J.A.C. 13:69F-1.4 for place bets to lose on 4, 5, 6, 8, 9, and 10, a casino licensee may offer a player true odds on these bets in return for the player paying to the casino licensee, at the time of making the bet, a percentage of the amount wagered which in no event shall exceed five percent of such wager. Notwithstanding the foregoing, a casino licensee may collect the percentage of the amount wagered only on winning bets. A casino licensee that offers a player true odds shall pay winning wagers as follows: | Bet | Odds |
| 4 to Lose | 1 to 2 |
| 5 to Lose | 2 to 3 |
| 6 to Lose | 5 to 6 |
| 8 to Lose | 5 to 6 |
| 9 to Lose | 2 to 3 |
| 10 to Lose | 1 to 2 |
(c) Except as provided for in (a) and (b) above, no casino licensee shall charge any percentage, fee or vigorish to a player in making any wager in the game of craps, mini-craps or automated craps. N.J. Admin. Code § 13:69F-1.5