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Table Games missed out on firebet payout ?

Discussion in 'Table Games' started by lucky13, Apr 4, 2013.

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  1. lucky13

    lucky13 Low-Roller

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    was at ballys tuesday night playing a 5$ craps table , no one else at the table , just me
    bought in put 5 on the passline and started to roll
    not really paying any attention , security guard walks by and says " are you playing the firebet too ? '
    i said no , he points out that i have rolled 5 of the point numbers and all i need is the 8 for all six
    damn i cannot believe i forgot to play the fire bet !!!!
    no i did not roll the 8 , but would i have won with 5 point numbers?
    or do you need to roll all six ?
    it says it pays for 4,5, or six numbers rolled ....not sure
    i was kinda pissed at the time , for the lost chance
    but i did show a guy watching the table the basics of craps and he started to play , he was really getting into it
    he was kinda nervous and kept passing up his chance to roll , i finally got him to roll and he loved it
    he was watching me hit the hard 6 and 8 and started to throw a dollar on those too ...
    was a great time and i feel as if i have started someone else down that road to being a degenerate gambler ...ha ha
     
  2. dunebug81

    dunebug81 VIP Whale

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    Five points pays 125:1
    Six points pays 1000:1
     
  3. stackinchips

    stackinchips High-Roller

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    Actually 5 points pays 250:1 unless something has changed in the last couple of months or so.
     
  4. shifter

    shifter Degenerate Gambler

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    there's 2 different payout scales. one has higher payouts at the lower numbers and the other has higher payouts at the higher numbers.
     
  5. jhpa

    jhpa High-Roller

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    There are multiple payout schedules. Some start payouts at 3 points made but most start at 4 points made. I have seen the max payout at $500 to 1 and others pay out at $1000 to 1.

    I have rolled one 6 pointer with $5 for me and $1 for the dealers. That was a cool $5000 for me (minus a 25% withhold for taxes) and $1000 for the dealers. I also was a $2 winner for a 6 point win that paid $500 to 1 at another place. I have also won a couple fo 5 pointers and several 4 pointers.

    I will never play at a table with a firebet and not put at least $1 on it. My usual bet is $2 unless I am the shooter - then it is $5 for me and $1 for the dealers.

    I walked up to a table once with a roll just started and watched the shooter make all six numbers. I made a nice amount on the roll, but missed the opportunity to bet the firebet because I stopped in the mensroom before hitting the tables. Damn coffee!!!
     
  6. Hogman

    Hogman VIP Whale

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    At all CET properties it is 4 pt 25-1, 5pt 250-1 and 6pt 1000-1. I know there is a different pay table at other places I found this link
    http://www.nextshooter.com/firebet
     
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  7. larryg

    larryg Low-Roller

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    Well, to be a nitpicker, it's actually 24-1, 249-1 and 999-1. The web site says "FOR", not "TO", when specifying payouts.
     
  8. DonnyC

    DonnyC VIP Whale

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    I didn't think you paid taxes on table wins?

     
  9. ItsJustMe

    ItsJustMe Low-Roller

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    According to The Wizard of Odds http://wizardofodds.com/ask-the-wizard/taxes/

     
  10. dunebug81

    dunebug81 VIP Whale

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    Oops, 125:1 did seem off when I was thinking about that. At CET properties its a 4-5-6 pt schedule for 25, 250, and 1000.

    Some places downtown and on the boulder strip it's a 3-4-5-6 schedule and is something like 7-30-125-300.

    Personally I don't mind the lower 3-4-5-6 tables as its nice to win that bet a little more often as it can be brutal some days.
     
  11. DonnyC

    DonnyC VIP Whale

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    You are subject to tax for any gambling winnings. However table games players are basically on the honor system. An exception that a W2G form is generated if a win is 300 for 1 or more odds and is over $600.

    Does this mean that if the payout is more than 300-1 and the win is over $600?
     
  12. Hogman

    Hogman VIP Whale

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    I have won 2 or 3 5-point firebets in Las Vegas there is no tax taken out.
    I won a 6-point firebet in Tunica and they didn't withhold but I had a w2g.
     
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  13. Kickin

    Kickin Flea

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    Just look at that again.:poke:
     
  14. DonnyC

    DonnyC VIP Whale

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    Where I am not understanding is the wording '300 for 1 or more odds'.
     
  15. Kickin

    Kickin Flea

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    It has to satisfy both conditions. A payout of 300 for 1 or greater on a single bet and be over $600. So if you won a 500:1 bet for $1 you wouldn't get the W2G for the $500 win but if you bet $2 you would get it for the $1000 win because it satisfied both conditions. The operative word being "and".
     
  16. DonnyC

    DonnyC VIP Whale

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    Thanks. For me it would have made more sense to read

    300 to 1, or more odds, and is over $600.
     
  17. mike_m235

    mike_m235 Tourist

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    At Wildwood in Colorado it's 3PTs 6-1, 4 PTs 30-1, 5 Pts 150-1, 6 Pts 300 to 1.
     
  18. theotherone

    theotherone Low-Roller

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    What a crushing feeling to forget to bet the firebet!

    Dealers usually call it out and remind you but sometimes you miss it for whatever reason.

    Wow, 5 points in, that is harsh. If I had been roling and missed that bet I probably would have shed a tear on the felt.

    Hopefully you still took home a nice chunk of the casinos money on that roll!
     
  19. macker69

    macker69 Canadian Ambassador for Sully's Bar

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    I generally put a dollar or two on the firebet, but was at Flamingo a couple years ago and came in on the middle of a roll, the shooter had already hit 2 points. The guy rolled another 40 minutes when I got there. I made at least $1000 off the rolll and he hit all 6 numbers. Wasn't much excitement around this though as no one had bet the fire :cry: Thankfully the next night I had a $7 fire bet while rolling by myself and hit 4 numbers :drunk:
     
  20. LV_Bound

    LV_Bound VIP Whale

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    Don't feel bad, it happens to the best of us.
    I rolled at NYNY and didn't play the Low-High-All and hit them all.
    The other people at the table did and they were all happy.
     
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