Poll

1 vote (8.33%)
No votes (0%)
9 votes (75%)
2 votes (16.66%)
4 votes (33.33%)
No votes (0%)
1 vote (8.33%)
6 votes (50%)
2 votes (16.66%)
1 vote (8.33%)

12 members have voted

Wizard
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Wizard 
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February 1st, 2021 at 9:58:11 AM permalink
I came across a new game/side bet called Lucky Charlie at the Suncoast over the weekend. It is a "side bet" one can make on a multi-game machine called Casino Wizard (hey!). I hesitate to call it a side bet because:

1. It can be played by itself (without having to make a blackjack wager)
2. It requires strategy, which would often be at a conflict with blackjack strategy

In other words, a player would be a fool to make this bet and a blackjack wager at the same time.

Briefly, the bet wins if the player gets to at least four cards and stands. Following is the pay table:

4 cards pays 2 to 1
5 cards pays 5 to 1
6 cards pays 25 to 1
7 cards pays 100 to 1

For the full rules and analysis, please see my new page on Lucky Charlie.



The question for the poll is would you bet the Lucky Charlie?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
SOOPOO
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February 1st, 2021 at 10:31:44 AM permalink
Many, many years ago, I was playing Pai Gow Poker, and the side bet required you to play the hand to have the bonus hand visible. So if you had AAAKK23 you would need to play it AAAKK 23 to win the full amount for a full house. If you played it properly for the base game, AAA23 KK you would only get the smaller 3 of a kind bonus payment. I specifically remember a guy who would bet equal or greater amount on the bonus bet..... so that it 'didn't matter' if he screwed up his main hand to get the bonus. I of course never played the bonus.

So your question is essentially this.... will you play a card game with a 10% house edge? I am hoping no one answers in the affirmative!
Hunterhill
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February 1st, 2021 at 11:42:17 AM permalink
So it’s obviously countable, does the game shuffle after every round?
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WTflush
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February 1st, 2021 at 11:47:05 AM permalink
Quote: Hunterhill

So it’s obviously countable, does the game shuffle after every round?



Yes.
Gialmere
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February 1st, 2021 at 11:58:42 AM permalink
Quote: WOO Article

The strategy was developed mathematically, assuming infinite decks. Then, a simulation of 74.9 billion initial hands was performed to determine the odds in the table above.

Forgive my computer ignorance, but why 74.9 billion as opposed to an even 75?
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Wizard
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Gialmere
February 1st, 2021 at 3:55:13 PM permalink
Quote: Gialmere

Forgive my computer ignorance, but why 74.9 billion as opposed to an even 75?



I tell the program how long to run. In this case I said ten hours. It just keeps playing until time expires and the count of hands is what it is.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
charliepatrick
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February 2nd, 2021 at 2:19:30 PM permalink
Just having a quick look at this I have a feeling sometimes you wouldn't hit a 5-card 18.

The logic is if you stand you win 5 so receive a total of 6 units back.
If you hit you have three cards - Ace, Two or Three, which give you a 6-card hand - otherwise you lose. On an infinite deck the chance of this is 3/13. Thus you win 25, or receive a total of 26 units back. Since 3/13*26 = 6 - it is a either way decision.

With a finite number of decks there are two scenarios (ignoring the dealer's card at this stage).
(i) You only have one low card (e.g. 44442, 5444A ). So you have removed four losing cards and only one winning card. So your chance of winning is better than 3/13. So you would hit. (I suspect if the dealer has an A,2 or 3 you stand - ignoring peek effect).
(ii) You have two or more lows cards (e.g. 44433, 77AAAA). So you have removed a maximum of three losing cards and at least two winning cards. So your chance of winning is worse than 3/13 - so stand. (I suspect the dealer's card doesn't change this decision.)
WTflush
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February 2nd, 2021 at 5:33:43 PM permalink
Quote: charliepatrick

Just having a quick look at this I have a feeling sometimes you wouldn't hit a 5-card 18.

The logic is if you stand you win 5 so receive a total of 6 units back.
If you hit you have three cards - Ace, Two or Three, which give you a 6-card hand - otherwise you lose. On an infinite deck the chance of this is 3/13. Thus you win 25, or receive a total of 26 units back. Since 3/13*26 = 6 - it is a either way decision.

With a finite number of decks there are two scenarios (ignoring the dealer's card at this stage).
(i) You only have one low card (e.g. 44442, 5444A ). So you have removed four losing cards and only one winning card. So your chance of winning is better than 3/13. So you would hit. (I suspect if the dealer has an A,2 or 3 you stand - ignoring peek effect).
(ii) You have two or more lows cards (e.g. 44433, 77AAAA). So you have removed a maximum of three losing cards and at least two winning cards. So your chance of winning is worse than 3/13 - so stand. (I suspect the dealer's card doesn't change this decision.)



I believe the game uses 8 decks shuffled each hand, so the EOR of 5 cards is not that significant.
Wizard
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February 2nd, 2021 at 6:09:02 PM permalink
Quote: charliepatrick

Just having a quick look at this I have a feeling sometimes you wouldn't hit a 5-card 18.



Good point. The strategy was developed assuming an infinite deck, where it looks like the EV is the same either way. However, with the effect of removal, the odds should favor standing. Let me run another simulation overnight. I predict you will be proven right, but the difference will be negligible.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
charliepatrick
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February 2nd, 2021 at 8:05:14 PM permalink
I'm assuming you can split any 10-valued cards to get the values you've got (otherwise the House Edge is nearer 12.9%). I ran a quick simulation of 20m shoes, not hitting any 5-card 18s rather than checking their make-up, splitting 4s and above; but continued dealing from the shoe until 83% penetration. Thus these numbers, like BJ, won't be exactly correct for first hand only.
Event
Occurences
Probability
Pays
Contribution
Total Hands
1 151 019 629
-0.098 162
Four Card Charlie
217 885 392
18.929 772%
2
0.378 595
Five Card Charlie
19 450 565
1.689 855%
5
0.084 493
Six Card Charlie
5 717 843
0.496 763%
25
0.124 191
Seven Card Charlie
1 178 310
0.102 371%
100
0.102 371
Losers
906 787 519
78.781 238%
-1
-0.787 812

Interestingly splitting 3s or greater got 9.832%, 5s or greater 10.066%; so 4s is just the best decision. Also it might be possible to derive a marginal strategy based on the dealer's upcard.

Whatever, still a very sad House Edge.
WTflush
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February 3rd, 2021 at 5:17:44 AM permalink
I have played blackjack on one of these machines and it did not allow splitting of un-matched 10 value cards. I.e. you cannot split Queen/Jack, but you can split Jack/Jack or Ten/Ten. The casinos might be able to change this in the machine's configuration.
Wizard
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February 3rd, 2021 at 5:31:09 AM permalink
Quote: WTflush

I have played blackjack on one of these machines and it did not allow splitting of un-matched 10 value cards. I.e. you cannot split Queen/Jack, but you can split Jack/Jack or Ten/Ten. The casinos might be able to change this in the machine's configuration.



That is also a frequent problem with online blackjack games. I will try to return to the Suncoast today to verify this.

I assumed re-splitting is not allowed, but can you confirm or deny this?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Wizard
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February 3rd, 2021 at 6:33:37 AM permalink
Quote: charliepatrick

Just having a quick look at this I have a feeling sometimes you wouldn't hit a 5-card 18.



Simulation results are in. Standing on a 5-card 18 lowers the house edge from 10.04% to 10.00%.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Wizard
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February 3rd, 2021 at 11:16:11 AM permalink
Quote: WTflush

I have played blackjack on one of these machines and it did not allow splitting of un-matched 10 value cards. I.e. you cannot split Queen/Jack, but you can split Jack/Jack or Ten/Ten. The casinos might be able to change this in the machine's configuration.



I can confirm that re-splitting unlike tens is NOT allowed on the Suncoast games.

Another rule I had wrong is that if the player has blackjack, he must stand. In other words, a player blackjack is a Lucky Player loss.

A new simulation will be done in about three hours under these rule changes, but it's looking like around a 16% house edge.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Wizard
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WTflush
February 3rd, 2021 at 3:54:56 PM permalink
I just updated my page to reflect the two rule changes I mentioned in the above post. New house edge is 16.71% (ouch!).

In playing it, I must say it's a fun idea that I think would work as a stand alone game if the pay table were more generous, no dealer hand at all, and players may draw to a blackjack.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
WTflush
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February 5th, 2021 at 5:53:44 AM permalink
Quote: Wizard

That is also a frequent problem with online blackjack games. I will try to return to the Suncoast today to verify this.

I assumed re-splitting is not allowed, but can you confirm or deny this?



The one I played did not allow resplitting of any cards but that is probably configurable as it would change the RTP of the base game, and I imagine the software has a few RTP options for the casinos to choose from.

16.7%!!! LOL ouch. That is offensive. Other than maybe the Big Six wheel this has got to be the worst bet in a casino right?

Next time I see these machines in a casino I'll snap a pick of the lucky charlie paytable and see if it differs
Wizard
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February 5th, 2021 at 6:12:36 AM permalink
Quote: WTflush

The one I played did not allow resplitting of any cards but that is probably configurable as it would change the RTP of the base game, and I imagine the software has a few RTP options for the casinos to choose from.



That's possible. However, I think they probably allow for different pay tables only. Internet casinos are notorious for now allowing re-splitting unlike tens. I think they just don't understand proper blackjack rules. I assume the same is the case here.

Quote:

16.7%!!! LOL ouch. That is offensive. Other than maybe the Big Six wheel this has got to be the worst bet in a casino right?



Oh, there are worse bets out there. Mostly side bets. I think Lucky Ladies (stingy version), Bonus Craps, and the Fire Bet are all worse.

In fact, the Lucky 99 bet on the same machines is worse at 17.42%.

Quote:

Next time I see these machines in a casino I'll snap a pick of the lucky charlie paytable and see if it differs



Thanks!
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
gordonm888
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charliepatrick
February 5th, 2021 at 11:51:12 AM permalink
Nice analysis by Wizard, Charlie and the forum. Well done!

Too bad about the large House edge and the automatic reshuffle. This could have been an interesting game.
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
WTflush
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March 26th, 2021 at 3:24:02 AM permalink
I'm a bit late with my response here but I've looked at this game in 6 or 7 casinos now and the Lucky Charlie paytable was the same at all of them. I'll also add that Aquarius in Laughlin has these same machines with H17 6:5 Blackjack which DOESN'T earn points. Pretty weird since Edgewater next door (same owners) has 3:2 S17 on the same boxes (also no points) but Aquarius has a wide array of good VP that does earn points. ???
gordonm888
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March 26th, 2021 at 10:17:35 AM permalink
If re-splitting of pairs was allowed up to 4 hands, how much would the RTP change? Has anyone calculated that? I am guessing about 0.1% improvement.
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
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