Quote: ColorMeUpI was at the WWW during the week leading up to Memorial Day weekend. I can confirm that as speculated all of the tables there have 6:5 payout printed on them.
Paradigm, your post was good focusing on just the house edge, but the casino's win is always much more than the house edge. In another thread there's a table posted with the BJ wins for different casinos, they were all like 11-16%. Partially because of mistakes and partially because the casino has unlimited funds where a player will typically play until all of their money is gone.
Also, even at $5 minimum tables many players wager more than the minimum, particularly if they're on a winning streak.
ColorMeUp,
Welcome to the forum, and thanks for the additional info!
Quote: lankykong1589I know for a fact that they had $5 craps on Saturday night (a buddy of mine went). Would I be better off going on a Saturday day/night trip, or a Sunday day trip to take advantage of this?
I played there this past Sunday evening and they had $5 craps. Of course the first person threw 5 numbers but their table does not have a fire bet. I did make $140 from his turn so there was that.
Quote: ParadigmI think the days of low limit (e.g. $5), 3:2 Blackjack are gone forever in at least destination gambling locations. The Strip is headed that direction & even demanding 6:5 on $10 & $15 min tables these days. You just can't keep the lights on holding 12-14% on the dollar volume of table drop a $5 minimum table brings in......the economics don't work anymore.
To solve the problem, you can keep the good rules and get enough players to make side bets with a 4% - 13% HE, or increase table minimums to drive up the $$ drop volume going through the table or crank up the HE on the main game by going 6:5 on BJ. Sorry to say to all those purists out there, blackjack as you knew it "back in the day" is going to go the way of Faro or European Roulette (single zero). The older version of those game can't support the cost of real estate they occupy.
Truer words were never written.