The Old Thrush, one of the species of Great Thrush that lived in the Esgaroth region, told Bard that Smaug had a hole in his armored chest right over his heart.
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Bard told Thorin that Thorin must give Bard a portion of the treasure to rebuild Esgaroth, or he would be considered the foe of the lake-town.
The killer of Smaug is Bard the Bowman. He's alerted by a thrush who overheard of Smaug's weakness (a single bare spot in his bejeweled chest).Bard, a man in the town of Esgaroth, a town by the lake, killed the dragon. He was told by the thrush where Smaug's weak spot was, and thus Bard was able to shoot the dragon through the heart.
Bilbo had seen it during his conversation with Smaug and later a bird heard Bilbo talk about the missing bit of armor. The bird told Bard where Smaug's vulnerable spot was; one spot under his arm where there was no armor.
Umm i think it was fair because gandalf told thoron that bilbo was a burgaler and hes probably the least important to thorin
{| |- | Beorn was off checking up on the story that Gandalf and the dwarves had told him. He returned and told them that he had confirmed the story. Beorn captured a warg and a goblin and after getting information from them he killed them. The warg's skin and the goblin's were mounted on the wall. |}