Topcat
Topcat
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December 26th, 2011 at 10:15:32 PM permalink
I 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. Normally that would make it impossible to gain any advantage but you can be the bank (Assuming you have the cash) 2 hands out of 7.

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
P90
P90
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December 27th, 2011 at 1:57:30 AM permalink
Quote: Topcat

I 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: Topcat

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.


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: Topcat

So 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.
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pacomartin
pacomartin
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December 27th, 2011 at 7:18:34 AM permalink
Quote: Topcat

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.



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.
Topcat
Topcat
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December 28th, 2011 at 1:58:19 PM permalink
P90,

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.
Topcat
Topcat
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December 28th, 2011 at 2:01:01 PM permalink
rules are pretty standard, must hit soft 17 but only double on first two
-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-
FleaStiff
FleaStiff
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December 28th, 2011 at 3:53:03 PM permalink
Do other players tend to have emotional reactions to player banking and want to wait out a hand? It would make no sense but one never knows what myths and habits can develop? This might lower the number of players betting that round and therefore lower the amount that is being bet, so if the bank wins, its a less than expected sum.
P90
P90
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December 28th, 2011 at 5:00:25 PM permalink
Quote: Topcat

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.


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.
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