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Craps Fire Bet Odds

Dear Mark: What are your thoughts of making all the numbers 4-5-6-8-9-10 in any order before a seven? This of course is the Fire Bet, which some casinos now offer. The pay-off is 1000 to 1. Norm M.. .

Top thought: After doing the back-of-the-napkin math, giving the house a 25 percent edge on your play, I wouldn't call smart gaming.
A number of casinos now offer what's called a "Fire Bet" that pays if the shooter makes at least 4 different points (among these: 4, 5, 6, 8, 9,10) before the seven rolls

Usually playing from $1 to $5, but sometimes as high as $10, the bettor is betting that a hot shooter will set and make multiple valued points; in order for the points to count towards the Fire Bet, they must all be different. For instance, a player that hits a point of 5 twice would get credit for only one point on his or her Fire bet, rather than two, because it was the same number.

The fire symbol the dealer places on the layout will mark the different points as the shooter makes them. For the first three points hit, there are no payoffs. However, increasing odds are paid for the fourth, fifth, and sixth points; 25 to 1 odds are paid for the fourth point, which would be $125 for a $5 bet; the fifth point pays at 250-1 odds, which is $1250 for a $5 bet; and the sixth point pays, as you state, considerably more at 1,000 to 1 odds: $5000 for five buckaroos.

While having an enormous payday of $5,000 for a $5 bet might whet your appetite to grab the bet, it doesn't change the fact that this wager is easily the worst one you can make on a crap game, with a huge house edge of 24.70%.

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More Columns By Mark Pilarski
Have a question? Ask Mark pilarski@markpilarski.com

 

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