chris.penfield
chris.penfield
Joined: May 28, 2019
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May 30th, 2019 at 6:08:59 PM permalink
Hi Wizard

I was thinking about this game in a GTO perspective and there are some misinformation you have here. The specs are 18 added jokers in a 6 deck shuffle machine. Where 2 jokers pay 4-1 and suited aces only pay 2-1. Blackjack is also 6-5. Also it's not quite a 5% house commission. Its dependent on what you bet. To pay the least per bet you would want to bet in increments of 100 where each 100 would be $1 dollar commission. Playing optimally there would only be a 1% commission. Now for banking the game there is a cap at $2 once the amount of bets exceed $100. I have a couple questions. Do the bonuses of double jokers, suited aces and blackjack exceed the amount you pay solely in collection on 1% above you your base wager. What I mean is the gaming corporation covers all bets behind the original base wager. So if you and a friend bet $1,000 and one banked for $1,000 you would pay a combined $12 in commission going straight to the house. You push all bets except when making 2 jokers, 2 suited aces and blackjack. Does playing this way create an edge for the players. Furthermore you can increase players edge by making bets +EV for the players such as splitting aces and 8s where your first bet is covered by your own banker and second bet is non commissioned and covered by the corporate bankers. Splits and doubled in profitable spots and bonuses included, if banking against oneself, this game would be beatable on a consistent basis with a large enough bankroll to both make large bets yourself and have another person cover your bets?
gordonm888
gordonm888
Joined: Feb 18, 2015
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Thanks for this post from:
chris.penfield
May 30th, 2019 at 10:18:52 PM permalink
Quote: chris.penfield

Hi Wizard

I was thinking about this game in a GTO perspective and there are some misinformation you have here. The specs are 18 added jokers in a 6 deck shuffle machine. Where 2 jokers pay 4-1 and suited aces only pay 2-1. Blackjack is also 6-5. Also it's not quite a 5% house commission. Its dependent on what you bet. To pay the least per bet you would want to bet in increments of 100 where each 100 would be $1 dollar commission. Playing optimally there would only be a 1% commission. Now for banking the game there is a cap at $2 once the amount of bets exceed $100. I have a couple questions. Do the bonuses of double jokers, suited aces and blackjack exceed the amount you pay solely in collection on 1% above you your base wager. What I mean is the gaming corporation covers all bets behind the original base wager. So if you and a friend bet $1,000 and one banked for $1,000 you would pay a combined $12 in commission going straight to the house. You push all bets except when making 2 jokers, 2 suited aces and blackjack. Does playing this way create an edge for the players. Furthermore you can increase players edge by making bets +EV for the players such as splitting aces and 8s where your first bet is covered by your own banker and second bet is non commissioned and covered by the corporate bankers. Splits and doubled in profitable spots and bonuses included, if banking against oneself, this game would be beatable on a consistent basis with a large enough bankroll to both make large bets yourself and have another person cover your bets?



I think I understand what you are saying, I think it will be positive EV for the player team. Very interesting. If your team is playing both banker and one player, and the house covers all bets behind the original wager then your player (i.e., non-banker) should play a different strategy then what Wizard posted. Make these changes:

Split 22 and 33 vs 4-6 only
Split 66 vs 5,6 only
Split 88 vs 2-7 only
Split 99 vs 2-8 only

because these are all positive EV on the split bet.
So many better men, a few of them friends, were dead. And a thousand thousand slimy things lived on, and so did I.
Mattsdad
Mattsdad
Joined: Aug 9, 2019
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August 9th, 2019 at 4:18:33 PM permalink
Wizard,

One detail of the game I believe other posters left out that might effect the hit chart: 22 by both player and dealer is a push not a loss (but only if both hit to exactly 22). For this reason, when the corporation banking the game is dealt 12, their guide says to hit in all instances except when the dealer is showing a 6. Do you agree with that strategy?
Mattsdad
Mattsdad
Joined: Aug 9, 2019
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August 9th, 2019 at 4:35:09 PM permalink
Just FYI the suited aces bonus is not nearly as lucrative as you suggest - itís just 2-1 not 5-1. Also super important Suited Aces by the dealer beats a player BlackJack. For this reason, you might consider ensuring your BlackJack if dealer has an Ace. ( And for the record Jokers count as 2 for the dealer always, even if they are his first two cards)
Wizard
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Wizard
Joined: Oct 14, 2009
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August 9th, 2019 at 5:01:39 PM permalink
I don't recall a game called Hot Action Blackjack.
It's not whether you win or lose; it's whether or not you had a good bet.
VegasAlex
VegasAlex
Joined: Sep 24, 2019
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September 25th, 2019 at 2:53:55 PM permalink
Other posters have pointed out the "house" edge is really about 1.6%, but I think in general these posts don't fully explain a couple of things.

 

First, you are not playing against the house. You are betting against the other players.  The house is taking a flat fee per wager.  As one poster points out, there isn't a 5% fee (e.g. $.50 on $10) to play because even if you bet $50 the fee is still $.50.  So unless you are min betting, the collection is negligible, and completely worth it because....     

 

Second, unlike Nevada (where I live) or an Indian casino, you can bet on the dealer hand against all the other players  You can act as the house and flip the odds in your favor.  You also can limit your bet on the dealer hand so you don't have to take more action than you want.  Surprisingly, most players pass on this because they are just so used to always playing against the dealer.

 

I was playing blackjack at Planet Hollywood once when the guy next to me from Ohio said he had just come from California.  When the cardroom first gave him the option to bet on the dealer hand against everyone else he was mystified but it took him all of about three seconds to realize how great it is.  If the Vegas casinos allowed it, I'd gladly pay a small fee to be able to take the dealer hand against everyone else.  When you are getting a few hundred in action the house fee is a lot less than the 1.6% edge you get by betting on the dealer hand.  That is why these organized companies send employees in to California casinos with stacks of money to take the dealer position as often as they can.

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