Triple Down Promotion

Nobody's gonna take that bet! This isn't as juicy as the Klondike/Wong/Lammers play of a few years ago, and it's not in Las Vegas so there are fewer local sharpies, but it will still be mobbed. The question is indeed WHEN not IF it will be burned down.

Quote: teddys

Nobody's gonna take that bet! This isn't as juicy as the Klondike/Wong/Lammers play of a few years ago, and it's not in Las Vegas so there are fewer local sharpies, but it will still be mobbed. The question is indeed WHEN not IF it will be burned down.

So will my $100 Free bet pay $200 or $300? :)

I'll probably be there.

I don't want to bet on it, but let the record show that I predict that additional limitations will be put in place, at the least, by 9:00 AM. Most likely lowering the max triple-bet and/or limiting the number of tables.

I'll take the "over" on 9AM for restrictions. They won't know how badly their being beat yet. But, 9AM is a tough line.

--Dorothy

Quote: DorothyGale

I'll take the "over" on 9AM for restrictions. They won't know how badly their being beat yet. But, 9AM is a tough line.

Okay, let's bet "honor" on it.

Somebody pointed out to me that the player may actually be able to quadruple down:

Showing an eleven and looking to double down? On Thursday, July 15th, guests who play Spanish 21 or Blackjack will be eligible to triple down on their bet f.rom 6:00am on July 15th to 5:59am on July 16th. After a player receives their first two cards, they may make an additional wager up to triple the amount of the original wager. All tables will make tripling down available up to a $500.00 maximum bet. Standard double down rules apply. -- Source: newsroom.mohegansun.com.

If the additional wager is 3x the intial bet, then it should be called quadrupling down, because doubling down is adding 1x. If the player can in fact quadruple down then I show the player edge goes up to 3.56%!. Here is a quadruple down strategy.

Quote: Wizard

...be eligible to triple down on their bet...

...they may make an additional wager up to triple the amount of the original wager...

You're absolutely right that the latter phrase mathematically should be called a Quadruple Down. However, the former phrase 'Triple Down' would contradict that.

I'm sure this will be a case where they will invoke the fine print: Not responsible for typographical errors.
FYI: I couldn't find the fine print on the website, but it's probably on the print art in the casino.

Even if it's not, they'll claim that despite the contrdiction, it should be obvious what thier intention was.

Quote: Wizard

Somebody pointed out to me that the player may actually be able to quadruple down...

Yikes!!! I'll still take the over on 9:00 AM, but I am much less confident. I hope I don't lose my "honor."

--Dorothy

so $167 per initial wager would be optimal so you can bet $500 on the quadruple down wager.

$170 would be best just to speed the game up since $167 is 6 $25 chips, 3 $5 chips, and 2 $1 chips.

if you win a hand, dealer will pay you in 7 $25 chips and take back a $5 chip.

if you get blackjack, dealer will probably break your wager into two wagers. paying you 9 $25 chips on your $150 wager, then a $25 chip and $5 chip on your $20 wager. if shes smart and depending on how many $5 chips you have, she may even pay you 2 $25 chips and take your 4 $5 chips.

I was at Mohegan Sun Friday night and asked around for details about the promotion (is the $500 the total bet, initial wager or total of 'triple down'? do you really get to 'triple' your initial bet? etc.). The web site says to check with the Players Club for complete rules, but (of course) no one had even heard of it. I asked one of the pit bosses at the high limit bj and he hadn't heard anything. I found a host who was willing to check into it and get back to me, but this is typical of MS. There is also a $15K $100 buy-in bj tournament that same day, so a whole bank of tables will be tied up from around 6-11pm.