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KieronAAKK
KieronAAKK
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April 8th, 2022 at 2:59:52 AM permalink
Hi,

I wonder if anyone can help me?

My local casinos have a £1 side bet for a progressive jackpot.
One has a bet where if you get an ace as a first card you win £5, first 2 cards is £25 and first 3 cards is £100.
If you manage to get 4 aces as your first 4 cards then you have a chance to win various progressive jackpots (often £90k for four aces of the same suit).

The second casino has a similar £1 side bet where you can win with a suited AK and win a progressive jackpot if you have a suited AK and so does the dealer. (there are also smaller wins for any 2 card straight or straight flush with your first 2 cards).

The posted casino edges for these two games are around 19% for the aces and 15% for the ace king!

I was wondering how big the progressive jackpot would have to get to make it worth playing these bets?
BleedingChipsSlowly
BleedingChipsSlowly
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April 8th, 2022 at 7:59:25 PM permalink
Would these both be blackjack side bets? If so, how many decks are used and how are they dealt? Shoe? CSM?
You dont bring a bone saw to a negotiation. - Robert Jordan, former U.S. ambassador to Saudi Arabia
KieronAAKK
KieronAAKK
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April 8th, 2022 at 8:29:54 PM permalink
Blackjack side bets from a six deck csm.
blackjacklad
blackjacklad
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Romes
April 16th, 2022 at 3:22:18 AM permalink
Hi Kieron, welcome to the forum. I'm a UK based AP and I know the casinos you're talking about. I'm not going to share the numbers but those progressives can become EV+, however they're not worth playing unless you have something else going on at the table.

When the jackpots are unusually high you can have a player advantage of a few percent. Given that the bet is a static £1, this means you can make a few pence per hand. You have to play the main hand, which often has a minimum bet of £5 against a 0.5% house edge, so you're losing 2.5p per hand on that. The result being that you can be playing for around 1p per hand, which even if you can get lots of hands in per hour amounts to you working for far lower than minimum wage.

However, if you have another reason to be at that table - for instance you've found a dealer that makes a lot of errors in the players favour - having the sidebet add a few pence per hand is no bad thing - so long as you can handle the variance.
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