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Fire Bet Craps Side Bet Rules and Payouts

Fire Bet Craps Side Bet Rules and Payouts

Running hot at the craps table? Do you feel like everything is going your way? It’s time to test your luck and see if fortune is shining on you with the Fire bet.

What Is a Fire Bet in Craps?

The craps Fire bet offers payouts of up to 999:1, but while it seems like an attainable payout, it’s the craps equivalent of stumbling into a field of four-leaf clovers and finding a winning lottery ticket.

The Fire bet craps wager requires the shooter to roll four different points before a 7. The numbers must differ, but the equivalent number won’t end the wager.

How to Place a Craps Fire Bet

The Fire bet isn’t available on all variations of this game. When available, just stack your chips on the layout and tell the dealer you want a Fire bet.

Craps Fire Bet Payout and How It Works

Here are some things to consider when placing this bet:

  • Comeout loses on 12, 3, and 2, and comeout wins on 11 and 7 don’t impact the wager.
  • Once the shooter makes their first point, the dealer places a Fire chip on the number.
  • Other Fire chips are placed when the shooter makes more numbers.
  • The Fire bet loses when the shooter sevens out with anywhere from zero to three Fire chips.
  • If the shooter sevens out with at least four Fire chips down, they win.

 

Fire Bet Payout Structure

The craps Fire bet payout is as follows:

Numbers Payout
Four 24:1
Five 249:1
Six 999:1

Example of a Craps Fire Bet Payout

For an example of the Fire bet craps wager, let’s assume that you place the bet and roll a four.

The Fire chip goes on the four. If the following two numbers are also four, the chip remains, and the bet continues, but it only counts as one winning number.

If three different numbers are rolled without a 7, Fire chips are placed on each of them. The player is then guaranteed a payout of at least 24:1 ($24 profit from a $1 bet).

If the shooter rolls a 7, the bet ends. If they roll another different number, the payout is upgraded. If two more are rolled, they are paid the entire 999:1 ($999 profit from $1 ).

Craps Fire Bet Odds and Probability of Winning

For some insights into craps Fire bet odds, read on.

Understanding the Odds of the Fire Bet

The payout might be high, but so are the odds:

  • Four Numbers = 0.88%
  • Five Numbers = 0.164%
  • Six Numbers = 0.0162%

 

These odds might be high when compared to other craps side bets[II1] , but they are reflected in the payouts.

House Edge on the Fire Bet

The house edge varies depending on the game. It can be as low as 20.8% or as high as around 25%. Compare this to the Pass Line house edge of 1.41%, and you’ll understand why this can be a problematic bet.

Is the Craps Fire Bet Worth It? Pros and Cons

The payout potential is the main draw of the Fire bet, and as long as you meet the table limits, there’s no high minimum bet. But the odds of rolling those numbers are high, and the house edge is very high, so it’s far from the best bet.

It’s a good wager to play occasionally when it feels like things are going your way, but this is not the sort of bet to make every time.

Tips for Playing the Craps Fire Bet Effectively

Keep the following tips in mind to maximize the craps Fire bet.

Bankroll Management for Fire Bet Players

Create a bankroll based on an affordable loss amount and use this to set a session limit. It should be an amount you can afford to lose and not taken from money you use to pay bills.

Don’t Chase Losses

If things aren’t going your way, those Fire bet payouts can be tempting, but you should never chase losses by taking more considerable risks.

Best Strategies for the Fire Bet in Craps

If things are going well, consider a Fire bet.

You can also look for games with better odds/payouts. For instance, while the original Fire bet pays for four successive numbers, some casinos pay for three.

Tables Games Common Queries

What is Fire bet in craps?

It’s a bet that the shooter will roll at least four different numbers before a 7.

What is the riskiest bet in craps?

The Fire bet, as it has the highest house edge.

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