100xOdds
Joined: Feb 5, 2012
• Posts: 3842
December 11th, 2018 at 6:37:18 AM permalink
in 3:2 bj, the house edge is ~0.5% but i've read the casino hold is ~15% because people play imperfectly.

Baccarat house edge is ~1% for both the banker and player, and 14% for a tie.
there are no options after picking a side.

curious what's the casino hold % since there's no player input?

edit:
HE for tie is 14%
Last edited by: 100xOdds on Dec 11, 2018
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
DRich
Joined: Jul 6, 2012
• Posts: 10301
December 11th, 2018 at 6:44:33 AM permalink
Quote: 100xOdds

in 3:2 bj, the house edge is ~0.5% but i've read the casino hold is ~15% because people play imperfectly.

Baccarat house edge is ~1% for both the banker and player, and 8% for a tie.
there are no options after picking a side.

curious what's the casino hold % since there's no player input?

My experience is between 15%-20% but our games have side bets. Baccarat players also seem to bet a higher percentage of their buy-in per hand vs BJ.
At my age, a "Life In Prison" sentence is not much of a deterrent.
OnceDear
Joined: Jun 1, 2014
• Posts: 6728
December 11th, 2018 at 6:44:48 AM permalink
Quote: 100xOdds

in 3:2 bj, the house edge is ~0.5% but i've read the casino hold is ~15% because people play imperfectly.

Baccarat house edge is ~1% for both the banker and player, and 8% for a tie.
there are no options after picking a side.

curious what's the casino hold % since there's no player input?

Quote: wizard article

The house edge is 1.06% on the Banker Bet, 1.24% on the Player bet, 14.36% on the Tie bet, and 10.36% on the Pair bets.

So, House edge is somewhere between ~1.24% and ~14.36% depending on how daft the player is?

Also depends on definition of hold. For table games, it's calculated from buy-ins and cash-outs and is much greater than house edge.
Hold defined
The hold would be much more than house edge as the player rebets his chips throughout his session.
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
100xOdds
Joined: Feb 5, 2012
• Posts: 3842
December 11th, 2018 at 7:05:16 AM permalink
Quote: OnceDear

So, House edge is somewhere between ~1.24% and ~14.36% depending on how daft the player is?

Also depends on definition of hold.
For table games, it's calculated from buy-ins and cash-outs and is much greater than house edge.

Hold defined
The hold would be much more than house edge as the player rebets his chips throughout his session.

1) whoops.. corrected tie house edge in my OP.

2) ahh.. thx for the explanation on why hold % is much greater than house edge
Last edited by: 100xOdds on Dec 11, 2018
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
BlackjackLover
Joined: Oct 2, 2018
• Posts: 149
December 11th, 2018 at 3:45:46 PM permalink
Yes. Even if you play Blackjack perfectly, if you play 30 times of your purchase, you're expected to lose about 15% on average.
OnceDear
Joined: Jun 1, 2014
• Posts: 6728
December 11th, 2018 at 3:51:40 PM permalink
Quote: BlackjackLover

Yes. Even if you play Blackjack perfectly, if you play 30 times of your purchase, you're expected to lose about 15% on average.

Odd you should mention 30x It's almost like we have to do that sometimes :o)
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
tringlomane
Joined: Aug 25, 2012