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Best of John Marchel
Understanding the games21 September 2013
However, you should know that the house advantage with this rule goes from a small percent (less than 1 percent) for the normal single-deck game to almost one and a half percent.
Here is the math: the traditional 3-2 payout for a blackjack will get the player $7.50 for a $5 bet. With the 6 to 5 rule the player is only paid $6 for a $5 bet. Reducing blackjack payouts from 3:2 to 6:5 adds a substantial 1.4 percent to the casino's advantage. That difference in the payout will rate the game as a poor one for the player.
Al Rogers, manager of the website bj21.com and a semi-retired professional gambler, is quoted as saying "People are being scammed, and I don't like to see them being ripped off." Going back in time when Doctor Edward Thorp's great classic blackjack book “Beat the Dealer” came out (1962), casinos panicked and changed the game's rules, which greatly increased the house edge. Well, players stayed away from the game since the odds were so bad and that forced the casinos to suspend those poor rule changes. Today, if players would avoid blackjack tables with a 6 to 5 payout they could again get the rule changed and return blackjack to a reasonable game.
So don't you be a sucker. Never play those 6-to-5 games and that's an order; they are bankroll killers!
BET YOU DIDN'T KNOW
From 1976 to 1997, Washington State allowed commercial card rooms to operate throughout the state. Those card rooms offered mostly poker and blackjack, and were player-backed instead of house-backed.
Some casinos have a spot on their blackjack rating slips, which can be marked to indicate that a player knows blackjack basic strategy.
When playing at a shoe game of blackjack, you will play the same number of hands in one hour as you would in three hours against a single deck.
Edwin Thorp, the man who revolutionized casino blackjack, is quoted as saying “It would have taken roughly 10,000 man-years to do the same calculations with the aid of a desk calculator.” Thorp had used the IBM 704 mainframe computer at MIT to do all his blackjack calculations.
Howard Stern, a popular radio/TV personality, was once refused by all casino owners in Las Vegas when he requested to place a $1 million bet on a single blackjack hand.
Numerous surveys have shown that blackjack dealers prefer that you bet their tip instead of just passing it to them, even if the house sometimes wins it.
A $5 player at blackjack will wager about $300 to $350 an hour. A 25-cent slot player, playing 5 coins each pull, will wager about $500 to $600 an hour.
This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at email@example.com.
Best of John Marchel