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Utilizing Dealer Mistakes for Positive Expectation

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July 9th, 2010 at 3:56:51 AM permalink
LVJackal
Member since: Jun 1, 2010
Threads: 1
Posts: 32
To calculate the value of a dealer error: assume a simple game like blackjack facing a 1% house advantage: IF, once every hour the house will make a mistake, once in MY favor and once in the house's favor AND i catch all mistakes against me we get: (an average of $100 bet per trial and for sake of ease 100 trials per hour)at 1% house edge we have a theoretical loss of $100 per hour (one bet) BUT we gain $100 every two hours on average the house edge has been reduced to 0.5%.

Take it as you will for lower house edge/higher frequency of errors etc..
July 14th, 2010 at 2:14:02 PM permalink
DiceDemon
Member since: Jul 14, 2010
Threads: 0
Posts: 1
Interesting thread. I like to play the DP from the end of the table, as close to the back as I can get. I can count on at least one time a session that the dealer will forget to pick up the losing bet. Always wondered if it reduced the edge against me...
July 14th, 2010 at 5:17:49 PM permalink
NicksGamingStuff
Member since: Feb 2, 2010
Threads: 37
Posts: 529
The best (only) dealer error that favored me is when I was playing the sucker big 6 wheel @ the venetian for $2 a spin, I spread some bets around the board and the dealer didnt pickup the losing bet, but it lost of course on the next spin which the dealer decided to pick up then!
Living in Las Vegas is not quite as exciting as I had hoped, but I like being able to support myself.
July 15th, 2010 at 6:53:57 AM permalink
teddys
Member since: Nov 14, 2009
Threads: 87
Posts: 2305
Quote: DiceDemon
Interesting thread. I like to play the DP from the end of the table, as close to the back as I can get. I can count on at least one time a session that the dealer will forget to pick up the losing bet. Always wondered if it reduced the edge against me...


If the dealer forgets to pick up your bet once a session, assuming a session of 70 or so come out decisions, that should reduce the house edge to close to nothing. It's like getting an extra push.
"If you can make one heap of all your winnings / And risk it on one turn of pitch-and-toss / And lose, and start again at your beginnings / And never breathe a word about your loss..." -Rudyard Kipling
July 15th, 2010 at 7:51:27 AM permalink
FleaStiff
Member since: Oct 19, 2009
Threads: 61
Posts: 4188
Quote: DiceDemon
Interesting thread. I like to play the DP from the end of the table, as close to the back as I can get. I can count on at least one time a session that the dealer will forget to pick up the losing bet. Always wondered if it reduced the edge against me...
At the Venetian a dealer forgot to travel my DC bet to the six and then the very next roll was a six. He set it up and paid it for the camera as his coworkers snickered at him...but he paid it!

I think most dealer errors are going to help the house but whatever dealer ignorance or lack of experience there is that helps the players is fair game for a player to make use of. If it shaves the house edge a bit to have a careless dealer, that is the casino's problem.

Usually players have been drinking a bit and if they are a bit less honest then than they would be sober... well, its not a big deal. I've probably accepted too much change on occasion from some clerk,,, but I've sure been short changed far more often.
July 15th, 2010 at 5:57:43 PM permalink
rudeboyoi
Member since: Mar 28, 2010
Threads: 16
Posts: 530
Quote: FleaStiff


Usually players have been drinking a bit and if they are a bit less honest then than they would be sober... well, its not a big deal. I've probably accepted too much change on occasion from some clerk,,, but I've sure been short changed far more often.


they may be less observant but drunk people are definitely more honest than sober people.
July 15th, 2010 at 8:17:50 PM permalink
appistappis
Member since: Mar 27, 2010
Threads: 1
Posts: 105
Quote: FleaStiff
At the Venetian a dealer forgot to travel my DC bet to the six and then the very next roll was a six. He set it up and paid it for the camera as his coworkers snickered at him...but he paid it!

I think most dealer errors are going to help the house but whatever dealer ignorance or lack of experience there is that helps the players is fair game for a player to make use of. If it shaves the house edge a bit to have a careless dealer, that is the casino's problem.

Usually players have been drinking a bit and if they are a bit less honest then than they would be sober... well, its not a big deal. I've probably accepted too much change on occasion from some clerk,,, but I've sure been short changed far more often.



this doesn't make any sense....if he missed moving the dc to the six the first time, he would move it the second time but he wouldn't pay it until a seven out.
August 3rd, 2010 at 8:25:01 PM permalink
Lhornbk70
Member since: Jul 26, 2010
Threads: 6
Posts: 40
Has anyone else had a dealer mistakenly paying the blind bet everytime in Ultimate Texas Hold' Em? I had a dealer do that last Friday. If you won your hand, he paid you on the ante (unless he hadn't qualified), the raise, and 1-1 on the blind, even if you only had a pair or even just a high card. He did pay higher amounts if you had a flush or higher (3-2, 5-1, etc.) He was coming in to give the regular dealer a break, and did it at least 2 different 20 minute sessions. The pit bosses weren't paying enough attention to realize what was happening.

I can't use one of the suggestions some of you have made in this thread, at least not at the casino I play at in Kansas. On their craps table, the don't pass and don't come are on the same space, and all bets are then moved to whatever point was established. So you can't place your own odds, but have to give them the chips to do it.
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Here are my reasons why and my promise of support.