Quote: DeucekiesSo a 5 for 1 payment instantly when the dealer has a blackjack.
15 for 1 if you have any ace or matching face card or a dealt pair.
20 for 1 for all four cards the same color, I presume?
60 for 1 for matching blackjacks (AQ v AQ)
80 for 1 for all four cards the same suit
100 for 1 for a 20 that completes the AKQJ, 10s can't fit.
150 for 1 for AA or a paired 20 that matches the dealer's face.
10% for the suited 20 that completes the suited AKQJ
100% if it's diamonds.
Not a bad looking game from the casino's standpoint. Looks like it'll be fun for the recreational player because the sting of a dealer blackjack is alleviated (even players who are betting $25 will be happy because WOW LOOK A BONUS). The hands seem simple to read and pay quickly. I'm sure the house edge must be enormous, since the hit frequency is only 4.83%. Any word on whether all payouts are paid out of the progressive jackpot or just the top two?
This might be countable though since a lot of emphasis seems to be placed on face cards.
I wonder if any other casinos have it or will pick it up, perhaps as a $1 bet.
The question you ask was raised and the general consensus is that only the top two are paid from the progressive. Don't forget that original wagers are not returned. Winning $25 nets you $20.
Now to beat the game. The dealer gets blackjack every 21 hands. Hmmm, wong out for 20 hands after a dealer blackjack? :-)
Invite aceofspades to bring his bad luck of 10 dealer blackjacks in one shoe? I'm just kidding about the last two.
It's going to be strange watching players root for the dealer to get blackjack. I know everyone will be on their best behavior. :-)
Quote: 1BBIt's going to be strange watching players root for the dealer to get blackjack. I know everyone will be on their best behavior. :-)
I assure you the Don't Pass etiquette will not be observed by anyone.
Player A: $10+$5 progressive. "HAVE IT! HAVE IT!"
Player B: $300, no progressive. "FU! FU!"
Quote: 1BB
Royal Flush (Diamonds) 100% of progressive
Royal Flush 10% of progressive
(Spades, Hearts & Clubs)
Trips $750
Straight $500
Flush $400
Two Pair $300
Same Color $100
Pair $75
Any Hand $25
The progressive, before any play this morning, was at $60,479.16. I don't know if that is a true number or if it will be reset to $50,000.
Original wagers are not returned.
Using the paytable that 1BB provided, and assuming an infinite deck, I am coming up with a house edge of 35.4% (!) when the progressive is at $50,000. The bet becomes breakeven at a progressive amount of $879,247.
This is my first attempt at an actuarial analysis in two years, so it is very possible that I made a mistake in the calculations somewhere.
Hand | Payout | Freq | Prob | Return |
---|---|---|---|---|
RF Diam 100% | 50,000 |
12 |
0.000164% |
0.0821 |
RF 10% | 5,000 |
36 |
0.000492% |
0.0246 |
Trips | 745 |
4,096 |
0.056020% |
0.4174 |
Straight | 495 |
3,024 |
0.041359% |
0.2047 |
Flush | 395 |
5,296 |
0.072433% |
0.2861 |
2 Pair | 295 |
4,032 |
0.055145% |
0.1627 |
Same Color | 95 |
36,624 |
0.500902% |
0.4759 |
Pair | 70 |
78,848 |
1.078394% |
0.7549 |
Dealer BJ | 20 |
214,144 |
2.928819% |
0.5858 |
Lose | -5 |
6,965,504 |
95.266272% |
-4.7633 |
Totals | -- |
7,311,616 |
100% |
-1.7693 |
-- |
-- |
-- |
-- |
-0.3539 HE |
Quote: TriathlonToddUsing the paytable that 1BB provided, and assuming an infinite deck, I am coming up with a house edge of 35.4% (!) when the progressive is at $50,000. The bet becomes breakeven at a progressive amount of $879,247.
35.4% sounds about right for a progressive bonus.
Not that it makes much difference, but since you used 50,000 and 5,000 instead of 49,995 and 4,995, these are the odds for when the progressive is at $50,005.
How did you get the number of permutations as 7,311,616?
52^4 = 7,311,616, so it is all of the order dependent ways to assign 2 dealer cards and 2 player cards. I find it easier to deal with permutations than combinations when using Excel, but the math is the same either way.
Quote: TriathlonToddGood catch about the $5 for the progressives.
52^4 = 7,311,616, so it is all of the order dependent ways to assign 2 dealer cards and 2 player cards. I find it easier to deal with permutations than combinations when using Excel, but the math is the same either way.
Right on. I was trying to do Permut(52,4).
Any idea how much of each $5 they put on the board?
The progressive was at $54K+ on Sunday morning when 21 tables in two pits were set up for the side bet. Three tables in pit 26 (non-smoking turtle shell) were in play. The pit boss thought some tables were in play starting Friday night. So, it looks like that progressive was a true number.Quote: 1BB... The progressive, before any play this [Monday] morning, was at $60,479.16. I don't know if that is a true number or if it will be reset to $50,000. ...
Thanks to all for answering my OP. i would have put up some information on Sunday, but I'm not enough of an iPhone guru to get that job done. The dealer collects the progressive bets before the hand is dealt and the sensor for the hand is lighted to indicate the bet was made. If the dealer doesn't get BJ then that's the only impact on speed of the game.