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What is house edge at this game? Player edge?
| February 9th, 2012 at 3:56:39 PM permalink | |
| klimate10 Member since: Feb 6, 2012 Threads: 15 Posts: 135 | I was playing at a casino, and the casino had this 6 hour promotional blackjack game. I have three questions: 1. What is house edge on bets of $25? Perhaps there is a player advantage? 2. What is house edge on a bet of 50$? 3. What is the house edge for each dollar over $25? (so I can figure out the answer to number 2, above) The game is as follows: This is an Indian Casino, but there is no ante. Six decks, Dealer hits a soft 17, BJ pays 3:2, late surrender, RSA, Double after split allowed, AND from 6AM to 12PM all six card charlies pay 2-1 (regardless of score, but player must not bust). The six card charlie 2-1 payout only applies to the first $25 bet. For bets over $25, the first 25 pays 2-1 and everything over wins automatically, but pays 1-1. I tried skirting around this rule by playing the maximum number of hands at $25 each, as I guessed that there was a player advantage (but I could be wrong). Is there a basic strat chart for this game? They did not advertise this game, rather, I was surprised when on a hand, when the shoe was positive, using a Red seven count, I had an 19, and the dealer had a 20. The dealer paid me $125 on a hundred dollar bet. As an AP player, its my MO to not question the payout, grab the chips, and toss it into my stack. A few hands later, I was betting $5, I had a 19, and dealer pulled a 21, and she paid me $10. At this point, I figured it was a promo of some sort, and since the amount was small, I asked why she paid me. That's when she explained that they run this promo until noon. |
| February 9th, 2012 at 6:36:12 PM permalink | |
| DJTeddyBear Member since: Nov 2, 2009 Threads: 105 Posts: 5684 | The house edge is a simple percentage of the amount bet. Changing the amount bet does not change that percentage. Here's a link to the Wizard's BJ Edge Calculator. Enter the rules, and it will provide the edge. Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood? |
| February 9th, 2012 at 6:46:46 PM permalink | |
| rdw4potus Member since: Mar 11, 2010 Threads: 57 Posts: 1948 |
Your base rules have a house edge of 0.46% (not bad for an indian casino!). 6 card charlies paying 1:1 are worth .16% to the player (source). I can't think of a reason why 6 card charlies paying 2:1 would be worth something other than 0.32%, unless the strategy decisions on soft hands were changed. So, there's about a 0.1% house edge on the first $25 bet, and about a 0.3% house edge on each additional dollar wagered. To find the total house edge for a bet >$25, just take the weighted average. "So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett |
| February 9th, 2012 at 8:18:37 PM permalink | |
| cclub79 Member since: Dec 16, 2009 Threads: 26 Posts: 939 |
In this case, it does change, because the 2 to 1 is only on the first $25 bet. |
| February 9th, 2012 at 8:23:16 PM permalink | |
| cclub79 Member since: Dec 16, 2009 Threads: 26 Posts: 939 |
I think it might, much like Pontoon. If you've pulled 5 cards and are at 13 or 14 or maybe even 15 on a dealer bust card, you are probably still hitting, since the 2 to 1 sure thing is worth the risk where the 1:1 might not be. |
| February 9th, 2012 at 8:29:38 PM permalink | |
| ChesterDog Member since: Jul 26, 2010 Threads: 0 Posts: 199 | Here's a basic strategy chart from the Wizard of Odds on how to play games having a Charlie rule. Of course, the Wizard's chart would only be used for bets much larger than $25.00. For a $25 bet, which would pay 2:1 for a 6-card Charlie, here is a partial strategy derived from an infinite-deck analysis: 3 cards: hard standing totals--no change from regular bj, soft standing totals--18 vs 3-7, 19 vs 2 and 8-A 4 cards: hard standing totals--17 vs 7-A, 15 vs 2, 14 vs 3-5, 13 vs 6; soft standing totals--20 vs all 5 cards: hard standing totals--18 vs 2-4 and 7-A, 17 vs 5-6 |
| February 9th, 2012 at 8:46:51 PM permalink | |
| cardcounter Member since: Oct 15, 2011 Threads: 10 Posts: 56 |
A six card charlie is so rare that even getting an automatic 2-1 payout would do very little to lower the house edge of .75% we are talking like a 100,000 to 1 to hit a 6 card charlie. However if the dealer pays you when they should take your money that is a really plus ev game. If the deck was positive why did you decrease your bet? |
| February 9th, 2012 at 8:54:45 PM permalink | |
| klimate10 Member since: Feb 6, 2012 Threads: 15 Posts: 135 | I guess I should clarify. For the six card charlie, your score does not have to beat the dealers score, it merely has to not bust. DJ, the odds do change for different amounts bet because the payoff for the first $25 is different. When I bet $5, I decreased because the deck was no longer positive. I have no idea what the odds of a six card charlie, but they can't be 100,000 to one. I got two that morning. It seems that this isn't that great of a deal. BTW, has anyone thought of starting a thread with gambling deals? Anyone know if the triple down ($500 max) promo still runs annually? |
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