In craps, “Buffalo” is a slang term for a specific type of combination bet. The term has particular relevance in the game’s betting culture:
- Combination Bet: A Buffalo bet is a wager on each of the hardways (hard four, hard six, hard eight, and hard ten) as well as a bet on any seven.
- Hardways: These are bets that the shooter will roll a pair resulting in a total of 4, 6, 8, or 10 (for example, a pair of twos for a hard four). They’re called hardways because they’re achieved with a harder-to-roll combination than the easier “soft” totals (such as a 1 and a 3 for a four).
- Any Seven: The bet on any seven is a one-roll bet that the next number rolled will be a seven. This is considered a risky bet due to its high house edge.
- High Risk and High Reward: The Buffalo bet is a combination of several high-risk bets. It’s appealing to some players because of the potential for high payouts, but the odds are not in the player’s favor due to the house edge on each component of the bet.
The Buffalo bet exemplifies the variety and complexity of betting options in craps, a game known for its extensive betting system and the excitement that comes with it. It’s part of the game’s rich jargon and reflects the high-risk, high-reward nature of many craps bets.