Aces Casino "College Of Casino Game Knowledge:" The Fire Bet - What Is It, What Game Does It Come From, And How Do I Play? (Don't Worry, It's Easy.)

The "Fire Bet."

I know, it sounds like something "The Donald" came up with on his way to earning his first "Emmy" on the "Celebrity Apprentice."  (Ed. Note" He WISHES.)

"Put $5 on that Fire Bet, or you're FIRED!"

The Craps side wager known as the "Fire Bet" first made it's appearance about three years ago, and to some, it's an enticing lil' side bet. Yeah, we'll admit it - This one roped us in, in the interest of quality news reporting, of course.  Never let it be said that we don't play-test things every once in a while.  You know, take it for a little spin.  (Ed. Note: Here's the untold story - He lost his $5.) 

First, a little background on the "Fire Bet:"  Perry Staci, a Las Vegas casino supervisor, invented this new proposition bet for craps players that is already being promoted at Harrah's, the Sahara, and the Rio.  You can also find this intriguing side wager on the layout at The Cannery on the North side of Vegas.

The bet is that the shooter will be able to make 3, 4, 5 or 6 individual points after a point is established. There are two different pay tables, paying either 7, 25,250, and 1,000 for one, respectively, or 6, 10, 200, and 2,000 for one. The betting limits are $1 minimum and $5 maximum, so a $5 bet could win either $5,000 or $10,000, depending on the pay table.

Passes or Craps rolls on the Come Out Roll do not count, nor does making the same point more than once. Special pucks and a customized table layout are all part of Perry's new addition to the Proposition Box.
While having a shot at winning $10,000 on a craps table for a $5 bet is exciting,this bet is easily the worst one on the layout, with a house edge of 21 to 25%,depending on the pay table.

Oooh, Pretty!

Above, in the image provided, you can see the chip markers used on the Craps layout images to show how the current Fire Bets are doing on any subsequent roll.  These chips appear on the layout during any rolls that involve wagers on the Fire Bet, in order to keep track as to how the players' wagers are doing.  Now, those gamers interested in the numbers surrounding the wager need look no further than the good people over at the infamous "Wizard of Odds" gaming sites, who have broken this side bet down better than Albert Einstein could EVER hope for.  You can check out all the odds surrounding the "Fire Bet" right here.  The Wiz is the BEST, and being grounded in the numbers is important, especially when the hard-earned dollars in the pocket are concerned. 

That's all for our latest edition of the "Aces Casino College of Casino Game Knowledge."  In subsequent issues of the Aces Casino Blog, commonly known around these parts as the orange county casino party company "parakeet paper," we'll touch on some of the other interesting side bets involved in the game of Craps that you may or may not have heard of.   Craps can be a GREAT "impromptu wagering" game.  Side Bets galore.

So, to that end, we'll start our "Side Bet-A-Thon" marathon sometime down the road, we promise. But, next up, we take a look back at one of our all-time "Greatest Hits" classics - "The $389 Question."  Have a good weekend, and we'll see you on Monday!