hogar
hogar
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January 22nd, 2011 at 2:34:59 PM permalink
There's a casino where minimum bet on blackjack is 5€, but they don't have 0,5 or 2,5€ chip, so they can not payout blackjack.
So if you bet 5€ and get blackjack, you get payoff 1:1 (5€) and another 5€ is put aside, and whoever wins next hand, gets this 5€.
I know that dealer wins more hands than player so this rule favors house. But how much exactly it increases house edge?
P90
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January 22nd, 2011 at 2:46:28 PM permalink
The player wins, IIRC, 42% of hands with realistic advanced strategy. This number is virtually independent of TC. Another 10% push, and 48% lose.

Blackjacks being 2.3% of player's ER, this rule decreases return by a 0.14% if pushes don't count, and 0.37% if dealer takes pushes. The number is higher if you use imperfect basic or simplified strategy, so I'd chalk up at least 0.15%/0.4% for a regular skilled player.

Not having E2.5 chips is bulldung, they just want the extra edge. Well, at least it's not as bad as 6:5.
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ChesterDog
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January 22nd, 2011 at 3:02:15 PM permalink
Quote: hogar

There's a casino where minimum bet on blackjack is 5€, but they don't have 0,5 or 2,5€ chip, so they can not payout blackjack.
So if you bet 5€ and get blackjack, you get payoff 1:1 (5€) and another 5€ is put aside, and whoever wins next hand, gets this 5€.
I know that dealer wins more hands than player so this rule favors house. But how much exactly it increases house edge?



The 5€ chip that had been set aside should be paid to the next player who gets a winning blackjack and who had bet an odd number of 5€ chips. This would be a fairer system with no extra house advantage. And if a 5€ chip is waiting to be paid out, I would bet an odd number of chips, and if there is no chip waiting, I would bet an even number of chips. Playing that way, I could win someone else's chip but never be short changed.
P90
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January 22nd, 2011 at 3:20:54 PM permalink
That system would be unfair to the player, however, in terms of conventional blackjack, as well as giving advantage to new players and disadvantage to current ones.

A fair system could be either holding the chip till the next BJ or surrender, resolving it by flipping if a half-chip remains upon leaving, or a straight 50/50 decision like if the next card is red or black.
This is just done for the extra edge, which is not inconsiderable.
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mkl654321
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January 22nd, 2011 at 5:59:28 PM permalink
I think you should have the option of either arm-wrestling the dealer for it or answering a trivia challenge question.
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P90
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January 23rd, 2011 at 12:49:01 AM permalink
Just let it be resolved ab gladio.
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hogar
hogar
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January 23rd, 2011 at 4:22:31 AM permalink
Quote: P90

That system would be unfair to the player, however, in terms of conventional blackjack, as well as giving advantage to new players and disadvantage to current ones.

A fair system could be either holding the chip till the next BJ or surrender, resolving it by flipping if a half-chip remains upon leaving, or a straight 50/50 decision like if the next card is red or black.
This is just done for the extra edge, which is not inconsiderable.



I think some 50/50 decision is the fairest. Waiting for the next blackjack forces you to play further, and maybe you don't want to play any more.
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