Caesars bought the fire bet company?
Quote: AlanMendelsonDid Harrahs/Caesars buy the company that created/licensed the fire bet? And are they going to offer it to other casinos or just keep it at their own properties?
I wouldn't be surprised if either of those scenarios happen. They could do like Texas Hold Em Bonus (with the WSOP logo) and allow other casinos to use it. Or they could use it as a marketing tool to advertise the fact they are the only casinos where you will find this bet.
In either case, it would not surprise me to learn that Caesars bought the whole company.
For what it's worth, there's no mention of it on their website: www.HopBet.com Then again, there's no mention of Hop Bets either, and with a name like that, you'd think...
LasVegas
Rio
Harrahs, Las Vegas
Caesars Palace
Mandalay Bay
Planet Hollywood
Gold Coast
Ballys, Las Vegas
Paris
Hard Rock
Flamingo
Riviera
Bill’s Casino
Imperial Palace
Cannery
Eastside Cannery
Rampart Casino
O’Sheas
Green Valley Ranch
Texas Station
Palace Station
Fiesta Henderson
Fiesta Rancho
Las Vegas, Hilton
Santa Fe Station
Las Vegas Club
Aliante
Northern Nevada
Harvey’s
Harrahs Tahoe
Sivery Legacy
Harrah’s, Reno
Atlantis, Reno
Eldorad, Reno
Mesquite Nevada
Eueka Casino
Pennsylvania
Parx Casino
Harrah’s, Chester
Meadows
Rivers
SugarHouse
Atlantic City
Caesars
Showboat
Harrah’s, Atlantic City
Ballys, Wild West
Hilton
Canada
Casino, Windsor
Casino Niagara
Falls View
Brandtford
Delaware
Harrington Raceway
Connecticut
Mohegan Sun
Kansas
Prairie Band
Louisiana
Horseshoe, Bossier City
Sam’s Town
Mississippi
Horseshoe, Tunica
Roadhouse Casino
Harrah’s, Biloxi
Grand Casino
Michigan
Greektown
MotorCity
Indiana
Horseshoe, Hammong
Horseshoe, So. Indiana
Majestic Star 1 & 2
Casino Aztar
Iowa
Argosy, Sioux City
Ameristar, Council Bluffs
Horseshoe, Council Bluffs
Harrah’s, Cponcil Bluffs
Diamond Joe Casino
West Virginia
Wheeling Island
Illinois
Rivers, Des Plaines
Harrah’s Metropolois
Harrah’s Joliet
Missouri
Isle of Capri
Ameristar, KC
Harrah’s, KC
Quote: boymimboThis is a list (from hopbet.com) of casinos offering the FireBet. I don't know if it's current. I don't see a georgraphical distinction in Reno for example.
That seems right, although I would think Harrah's St Louis would have the bet too... I haven't played craps there, but they used to have "Monster Roll" promotions for "free" so it would seem that they could add that bet.
Quote: boymimboThis is a list (from hopbet.com) of casinos offering the FireBet. I don't know if it's current. I don't see a georgraphical distinction in Reno for example.
LasVegas
Rio
Harrahs, Las Vegas
Caesars Palace
Mandalay Bay
Planet Hollywood
Gold Coast
Ballys, Las Vegas
Paris
Hard Rock
Flamingo
Riviera
Bill’s Casino
Imperial Palace
Cannery
Eastside Cannery
Rampart Casino
O’Sheas
Green Valley Ranch
Texas Station
Palace Station
Fiesta Henderson
Fiesta Rancho
Las Vegas, Hilton
Santa Fe Station
Las Vegas Club
Aliante
Northern Nevada
Harvey’s
Harrahs Tahoe
Sivery Legacy
Harrah’s, Reno
Atlantis, Reno
Eldorad, Reno
Mesquite Nevada
Eueka Casino
Pennsylvania
Parx Casino
Harrah’s, Chester
Meadows
Rivers
SugarHouse
Atlantic City
Caesars
Showboat
Harrah’s, Atlantic City
Ballys, Wild West
Hilton
Canada
Casino, Windsor
Casino Niagara
Falls View
Brandtford
Delaware
Harrington Raceway
Connecticut
Mohegan Sun
Kansas
Prairie Band
Louisiana
Horseshoe, Bossier City
Sam’s Town
Mississippi
Horseshoe, Tunica
Roadhouse Casino
Harrah’s, Biloxi
Grand Casino
Michigan
Greektown
MotorCity
Indiana
Horseshoe, Hammong
Horseshoe, So. Indiana
Majestic Star 1 & 2
Casino Aztar
Iowa
Argosy, Sioux City
Ameristar, Council Bluffs
Horseshoe, Council Bluffs
Harrah’s, Cponcil Bluffs
Diamond Joe Casino
West Virginia
Wheeling Island
Illinois
Rivers, Des Plaines
Harrah’s Metropolois
Harrah’s Joliet
Missouri
Isle of Capri
Ameristar, KC
Harrah’s, KC
Just an FYI
The Meadows Casino, which is about 30 minutes west of Pittsburgh, Pa also has the FireBet. They are owned by the same company that owns the Cannery Casinos
EagleDice
I think I also saw it at other Reno-area casinos, but since I wasn't placing that bet, I might be misremembering that.
While that's smart thinking, with the high house edge and all, the Fire Bet is the one side bet that I don't mind playing. For a very simple reason. All other side bets, it seems like you're doing nothing but feeding the beast: every 30 seconds, another buck. With the Fire Bet, it's only one bet, active for the duration of the shooter's turn.Quote: Doc... I told them I was familiar enough with it that I didn't want to put my money there.
Quote: DJTeddyBearFor what it's worth, there's no mention of it on their website: www.HopBet.com Then again, there's no mention of Hop Bets either, and with a name like that, you'd think...
The name presumably refers to the specific layout used for the Fire Bet which has all of the Hop Bets arrayed inside it for easy access (plus the World bets off to the side). Contrast with standard dice layouts where, above the Any-7 box, there is usually a large blank area for color-ups and other called bets. There are some design patents on the HopBet, Inc. layout configuration.
Quote: DocAt least one of the casinos where I played recently in Reno had the Fire Bet. I am fairly sure it was the Eldorado, but it could have been the Silver Legacy -- I walked from one to the other via the mezzanine bridge and could have the tables confused. The table was idle as I arrived and after I left, and I spent some time talking with the dealers. They asked me whether I had ever played the Fire bet, saying they had very recently added it to their table. I told them I was familiar enough with it that I didn't want to put my money there. I'm thinking it was the Eldorado, because I'm remembering the Silver Legacy as having a lot more action on the table.
I think I also saw it at other Reno-area casinos, but since I wasn't placing that bet, I might be misremembering that.
It probably was El Dorado, because Silver Legacy has had the Fire Bet for a long time, and I was unaware that El Dorado even had the Fire Bet, so they must have just added it. The point, though, is that there is no distance restriction between Caesars properties and other casinos with the Fire Bet, because Harrah's Reno is only about 1,000 feet away from El Dorado
I typed "Eldorado" while reno posted "El Dorado." My chips from both the Henderson and Reno, NV casinos appear to spell the name as one word, but I was under the impression that the fabled city was two words. Is there any difference between the two forms (other than a small gap and a capitalization), and why do the casinos use the one-word form (if they really do)?
The "problem" with craps is that you have to bet big to win big. A $10 firebet can return $10k on all six.
I was at the Rio when the firebet was first used and the shooter hit all six. Max bet then was $5. Players made more money from the fire bet than from all other bets on the table for a hand that lasted about 20 minutes. There weren't many repeat numbers in that hand, so pressing bets didn't keep up with the return that the firebet gave.
Quote: TiltpoulThat seems right, although I would think Harrah's St Louis would have the bet too... I haven't played craps there, but they used to have "Monster Roll" promotions for "free" so it would seem that they could add that bet.
Harrah's in St. Louis (Maryland Heights) had the fire bet the last time I was there ( Jan 2011)
4 24 0.008798 0.211156
5 249 0.001640 0.408343
6 999 0.000162 0.162272
Total 1 -0.207628
But after about a month switched to this paytable.
3 6 0.033434 0.200605
4 29 0.008798 0.255147
5 149 0.001640 0.244350
6 299 0.000162 0.048568
Total 1 -0.207295
Quote: DocThis next question probably fits better in the Spanish Word of the Day thread,
It sure would :)
Quote:I typed "Eldorado" while reno posted "El Dorado." My chips from both the Henderson and Reno, NV casinos appear to spell the name as one word, but I was under the impression that the fabled city was two words. Is there any difference between the two forms (other than a small gap and a capitalization), and why do the casinos use the one-word form (if they really do)?
Two words.
El = The (masculine form)
Dorado = Golden, made of gold, gold-plated, gilded, fried (seriously).
Eldorado = Not a word.
Quote: eaglediceJust an FYI
The Meadows Casino, which is about 30 minutes west of Pittsburgh, Pa also has the FireBet. They are owned by the same company that owns the Cannery Casinos
EagleDice
Rivers Casino on Pittsburgh's North Shore does as well. I won it for some dude once.
Quote: RonDiazI can confirm Diamond Jo in the midwest has the FireBet. Maybe for a year now? They started with this pay table.
4 24 0.008798 0.211156
5 249 0.001640 0.408343
6 999 0.000162 0.162272
Total 1 -0.207628
But after about a month switched to this paytable.
3 6 0.033434 0.200605
4 29 0.008798 0.255147
5 149 0.001640 0.244350
6 299 0.000162 0.048568
Total 1 -0.207295
Hmm, thats 30 for 1 for a 4 hitter then? They shave an extra 1% of EV by going for-1 rather than to-1. I like the early payment for the 3-hitter. I do tend to play the fire bet when I have the dice. It's a nice long term bet, but hadn't realised it was a 20% house edge.
That should say TO ONE.Quote: thecesspitHmm, thats 30 for 1 for a 4 hitter then? They shave an extra 1% of EV by going for-1 rather than to-1.
Whenever I see it, I see nice round numbers, "for 1". The odd numbers shown should make it obvious that these are the "to one" values.
In fact...
Quote: HotBet.comPay Table (A)
(4) INDIVIDUAL POINTS pays 25 For 1
(5) INDIVIDUAL POINTS pays 250 For 1
(6) INDIVIDUAL POINTS pays 1000 For 1
Pay Table (B)
(3) INDIVIDUAL POINTS pays 7 For 1
(4) INDIVIDUAL POINTS pays 30 For 1
(5) INDIVIDUAL POINTS pays 150 For 1
(6) INDIVIDUAL POINTS pays 300 For 1
25 for 1, means you get 25 units back when it hits. 25 to 1 means you get 26 units back (your initial stake, plus 25 units in winnings).
25 for 1 would be an increase of 24 units, which is what we have there in the probability table.
Craps tables normally say 5 for 1 (on any seven). That's 5 units back. 4:1 or 4-to-1 would be the same.
Unless I'm upside down :) Or misunderstanding....
That sounds reasonable. But I think the two casinos that I mentioned both spell their names as one word. Here is the link for the web site for the Eldorado in Reno, and here is the link for the Eldorado in Henderson. I just thought it was interesting that the names aren't a proper word in Spanish, aren't the name of the fabled city, and don't seem to refer to anything else I know of.Quote: NareedEldorado = Not a word.
Does anyone have any idea where those casino names come from?
(And again, the relevance to this thread is that I saw the Fire Bet as a new option at the Eldorado in Reno.)
You're right. I think I was out to lunch when I posted that.Quote: thecesspitI think you have that backwards....
Quote: DocThat sounds reasonable. But I think the two casinos that I mentioned both spell their names as one word.
Technically the name is two words with the space between them missing. As if you'd call this place Wizardofvegas and insisted it is one word.
Quote:I just thought it was interesting that the names aren't a proper word in Spanish, aren't the name of the fabled city, and don't seem to refer to anything else I know of.
The Cadillac by that name? I've no idea. I suppose the names trace back to the legendary city, whetver it's legend is.
Quote:(And again, the relevance to this thread is that I saw the Fire Bet as a new option at the Eldorado in Reno.)
And that's my relevance to this thread :P
