Wednesday, October 12, 2011

94. With Mike Stefanidis and Con Stefanidis - Harrah's, October 9-12, 2011

  • Mike made the Fire Bet whenever he could while playing craps.  At Caesars properties, the fire bet pays off when a shooter establishes and makes at least four unique points.

    While we were playing at Bally's (a Caesars property), Mike made a $10 fire bet (the maximum allowed).  Very quickly the woman shooting established and made four unique points.  Mike was guaranteed to win $250, with a chance to win more.  The two numbers the woman had not yet established as a point were the 5 and 10.  Very quickly she established the 10... and made it back very quickly!  Now Mike was guaranteed to win $2,500.

    All that was left was for her to establish and make the 5, and Mike would win $10,000.  The woman rolled and established a... 9.  But then she rolled the 9 back, and it was the come-out roll again.

    The woman rolled a... 5!  All she had to do was roll the 5 again and Mike would win that $10,000.

    But she sevened out.  Still, Mike walked away with a $2,500 win.

  • Later during the trip, we were playing at Mandalay Bay.  Mike once again made a Fire Bet, but this time for $25.  (MGM properties like Mandalay Bay have a higher maximum for Fire Bets, plus their Fire Bets pay when a shooter establishes and makes at least 3 unique numbers.  The downside is that the payoffs for hitting 5 or 6 numbers are lower than at Caesars properties.)

    Con was shooting, and while his roll wasn't quite as exciting as the woman's at Bally's, he also established and made 5 unique numbers.  Mike made $3,750 on his Fire Bet.