I was wondering if I plat at a $10 to $250 table and play the minimum hand of $10 when not being the bank and be the bank for two hands will I gain and advantage. I'm thinking the advantage while being bank is at about 2% and that is weighted at an average bet total of about $250 and you get to do that for two hands.
So pay for 5 or 6 hands before it gets to be my turn to bank, playing blackjack on those hands at $10. Bank for the the next two hands at table maximum.
So advantage or disadvantage-then it becomes a matter of how many hands or turns per hour?
Anyone?
Thanks
TC
Quote: TopcatI was watching some CA Indian Casino games lately. I've avoided these because you have to pay to play each hand, depending on table limits it is $.50 or $1 per hand.
That's a very high cost of play. Your loss per $10 bet hand will be about $0.52-$0.56 - $0.02...$0.06 from house edge and $0.5 from "ante fee". That's $2.6...$2.8 hard loss for 5 hands, $3.3-$3.5 for 6.
Quote: TopcatI was wondering if I plat at a $10 to $250 table and play the minimum hand of $10 when not being the bank and be the bank for two hands will I gain and advantage. I'm thinking the advantage while being bank is at about 2% and that is weighted at an average bet total of about $250 and you get to do that for two hands.
You bank against other players, correct? Are you sure they are going to bet $250 in total?
Your gain will be $0.05/$10 hand against a basic strategy player and $0.2/$10 against a weak player, so min.bet won't do it.
At $250, the gain is $1.25 vs basic strategy player and $5 against a weak one. For a more reliable average, assuming 1%, you'll get about $5 for two such hands, if $250 is bet per hand in total.
Per 5/2 hands you then gain $2-$3, and per 6/2 hands $1.5-$2.
An offset is high volatility. When your dealer hand busts, you lose about $200.
Do you have to pay the "ante fee" when banking? If so, the gain shrinks to $1-$2 for 5/2 and $0.5-$1 for 6/2.
It's also very dependent on players betting more than $150/hand, which is your break-even point without fee for banking, or $200/hand with fee for banking.
Quote: TopcatSo advantage or disadvantage-then it becomes a matter of how many hands or turns per hour?
With player banking BJ will be slower than normally, so maybe 8-10 full rotations per hour. If you don't pay a fee while banking, might work. A large bankroll is required.
Quote: TopcatSo pay for 5 or 6 hands before it gets to be my turn to bank, playing blackjack on those hands at $10. Bank for the the next two hands at table maximum.
Does the casino still gets to keep the fee if you are bank?
Also is the fee maxed out at $1 or is it 5% of the amount played?
Why do you think the other players will play maximum bet>
What are the rules of the game? Can you Double After Split, Must the Dealer Hit on a Soft 17,etc.
Thanks.
The $250 was just a SWAG after observing play at table-I'll need to get a better fix on that.
Often it was much higher-always amazes me how much some folks bet when they
aren't even using basic strategy. Probably thing to do is bank at table with higher maximum bets of $1000-of course your minimum then goes to $25.
I think you are right on the rotations as it is slower than Vegas play-of course that leaves open the possibility a card counter could knock you back a bit.
I'm ok with large bankroll but my borther did this years ago and what got him was teh volatility-one game in particular got him where player split tens in three consecuitve hands and won them all for some big bucks.
-fees are maxed
I am not saying players will play table max but the average handle per game seemed to be (very roughly) $250 at games I observed-
Quote: TopcatI think you are right on the rotations as it is slower than Vegas play-of course that leaves open the possibility a card counter could knock you back a bit.
Don't worry about that. No card-counter would ever play at such a table. Unless he has no idea about odds and value, and just thinks he counts, in which case he will play worse than a BS player.