In Colorado as many of you know some of our casinos have unleashed the fire bet. The fire bet is a crazy bet, but one of the casinos did an alternate (with the same payout) called the sharpshooter… At the table everyone was playing it and shouting sharpshooter this and sharpshooter that… I thought I was going to meet the real Sharpshooter until I figured out what they all were on about. The sharpshooter is just like the firebet except repeated points count. If you plan to make at least 3 points (even if you just hit the same number repeatedly) it makes sense to bet it.
In my mind a good bet is where you win money and a bad bet is where you lose money (end up with less than you started). The math says you will lose mmore than you win, and I would never bet it on a random shooter, but doesnt it make sense if you know the controlled shooter can do it to take advantage and beat the house at their own game?
Replies:
Posted by: Guest on August 4, 2012, 6:32 pm
Depending on the bet and the Pay Table:
A house edge of 21.87%.
Posted by: Skinny on August 4, 2012, 6:35 pm
The "Sharp Shooter" is a side bet in craps made when a new shooter takes the dice, and pays according to how many times he makes a point. The follow table shows what each number of points made pays and the probability. Pays are shown on a "to one" basis. The lower right cell shows a house edge of 21.87%.
[pre]………….Sharp Shooter Return Table
Event Pays Probability Return
10+ 299 0.000122 0.03644I
9 199 0.000178 0.035474
8 99 0.000439 0.043461
7 49 0.001081 0.052975
6 29 0.002662 0.077212
5 19 0.006557 0.12458
4 9 0.016148 0.145328
3 5 0.039766 0.198831
2 or less -1 0.933047 -0.933047
Total 1 -0.218744[/pre]
Posted by: Finisher on August 5, 2012, 3:07 am
Posted by: Guest on August 5, 2012, 2:54 pm
Mike-ro-wave said:
I thought I was going to meet the real Sharpshooter
Recently CCRoller, Sharpshooter, Sharpshooter’s son, and I were playing together at a table.
My wife, who is published author, and Sharpshooter traded autographed books.
A group that I play with often have Sharpshooter as a part of the group.
When I first met Sharpshooter, I was surprised at how young he looked in comparison to all of the older members of GTC.
Posted by: Guest on August 5, 2012, 5:09 pm
At the RiB-ee-air-uh (or email me for the real name) the limit was 25.
Posted by: Guest on August 5, 2012, 5:45 pm
One of the things I like to study is the betting habits of players. Sharpshooter and his son are very conservative bettors.
He is teaching his son very well.
Posted by: CC Roller on August 6, 2012, 4:56 pm
"CIII" wrote: I enjoy studying player. I probably shouldn’t comment but:
One of the things I like to study is the betting habits of players. Sharpshooter and his son are very conservative bettors.
He is teaching his son very well.
He has also taught his son how to toss as well. His throw look great.
CC Roller
Posted by: AlamoTx on August 18, 2012, 7:43 pm
Alamo
Posted by: Finisher on August 19, 2012, 6:45 am
Posted by: Guest on August 19, 2012, 10:29 pm
Posted by: Guest on September 29, 2012, 1:36 am
Posted by: OneMoonCircles on September 29, 2012, 5:34 am
Do not even hint at names of casinos. E-mail answers to these type questions direct and not on this board.
The Sharpshooter bet is still in test mode here in Colorado. The Fire Bet is on the October agenda at the gaming commission’s meeting. The casinos have their choice of 4 pay tables. The assholes here are "generously" paying $299 for all 6 hits. I would probably bet $5 a year if it paid $999 but for $299 they can kiss my ass.
OMC
Posted by: ACPA on September 29, 2012, 6:03 am
Different pay tables exist depending on how many points are established and made before that shooter sevens out.
I’ve been told the most common table pays 299 for 1, ie you get $1,495 back if you bet $5 on it and the shooter makes 10 points. If I remember right the shooter has to make three points before you make anything on it. House advantage is 21+%.
Not a recommended bet.
For more details try the "wizard of odds" site.
Noah
Posted by: Finisher on September 30, 2012, 5:45 am
Posted by: Finisher on September 30, 2012, 5:49 am