GamblingGuy560
GamblingGuy560
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August 24th, 2011 at 12:01:31 PM permalink
Hi everyone, I went up to my local indian casino recently and noticed that they had video blackjack that paid out 2 to 1 on blackjacks with the following rules:

Single Deck
No Doubling after Splitting
Aces can be Split only Once
Doubling restricted to totals of 10 or 11

Assuming that this was a fair machine, I was wondering, what kind of an edge would the player have for such a game given the 2 to 1 payout? Assuming this is a "fair" game of course, as I said earlier, this was at an Indian Casino and it seems hard to believe to me that they would offer such a player favored game. Especially since they do not offer cashback for video poker players.
sabre
sabre
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August 24th, 2011 at 12:19:04 PM permalink
99.99999999999999% likely that the machine does not pay out 2 to 1. It pays out 2 FOR 1.
MathExtremist
MathExtremist
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August 24th, 2011 at 12:20:33 PM permalink
It was probably "2 for 1", a.k.a. even money or 1 to 1. If it truly paid 2 to 1 on naturals, that gives you a player edge of at least 1%.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
dummyGambler
dummyGambler
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August 30th, 2011 at 2:30:08 PM permalink
sure? where?
Wizard
Administrator
Wizard
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August 30th, 2011 at 2:36:01 PM permalink
I wish I had a dime for every time somebody Emailed me claiming that.
"My life is spent in one long effort to escape from the commonplace of existence. These little problems help me to do so." -- Sherlock Holmes
AZDuffman
AZDuffman
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August 30th, 2011 at 2:38:39 PM permalink
Quote: Wizard

I wish I had a dime for every time somebody Emailed me claiming that.



I wish it was actually true!
All animals are equal, but some are more equal than others
gofaster87
gofaster87
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August 30th, 2011 at 3:34:18 PM permalink
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