DRich
DRich
Joined: Jul 6, 2012
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mrsuit31
December 15th, 2019 at 7:38:23 PM permalink
Quote: GBAM

Not trying to put down your work, and knowing absolutely nothing about the house edge of the progressive Foxwoods uses, how can there be such a large discrepancy between your bet and the progressive for the same hand, suited BJ vs Suited BJ, yours pays $200 for a $5 bet and Progressive version pays $1500 for a $5 bet



Because he is paying more for the lower hands. If I remember correctly the odds of two suited BJ's is about 7750:1 (six decks). he could pay more for it if he lowered the other paytable items.
Living longer does not always infer +EV
GBAM
GBAM
Joined: Feb 26, 2019
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mrsuit31
December 15th, 2019 at 7:49:11 PM permalink
Quote: mrsuit31

The hit rate and returns in my wager are massively different than that wager. The only thing that wager pays is a player Ace or combinations of BJs. I have a very large amount of return built into the lower end, higher hit rate payouts, like the splits (8s or As) and doubles (10 or 11). This also helps the counting vulnerability by trying to minimize it as much as possible.

With very low hit rate wagers, you can have astronomically high payouts on those low probability events. When you start raising the hit rate by adding numerous lower end payouts, you start having to significantly decrease the higher end pays as they are responsible for such a small amount of return on the overall wager.

I hope that helps answer the question in a quick nutshell.

And please donít worry about putting down my work, I post here for the feedback and have been for many years now. I want to hear the skepticism. I can handle it :)




Thank you for taking the time to reply. Always happy to learn a bit about how the other side of the table works
mrsuit31
mrsuit31
Joined: May 29, 2010
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mipletbeachbumbabs
December 15th, 2019 at 7:59:17 PM permalink
Quote: GBAM

Thank you for taking the time to reply. Always happy to learn a bit about how the other side of the table works



My pleasure.

Iíve come a long way over the years from starting in this business developing my first game at 22 and learning what a house edge was from google (before I even know who the Wiz was or existed).

If you track back through some of my early posts from when I joined on here, it is very clear how close to nothing I actually knew.

Itís been a rather interesting journey. One full of both very good and very bad experiences.
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DJTeddyBear
DJTeddyBear
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Foragermrsuit31
December 16th, 2019 at 6:34:51 AM permalink
I don't like the name. It conveys nothing about the bet. And, really, "Empty the rack" implies a bet where the payout is so great, that a fill might be required to pay it off when hit. This doesn't come close.


I'd get rid of the entire 10 or 11 or 88 or AA line. As other's pointed out, it creates confusion with the A9. And then the bet only pays on any 20 or 21. Much simpler. And that could be the name: Dealt 20 or 21.

But more important, that line creates a constant reminder of hands that are always doubled or split. And, since a player with one of those hands who is making your bet would have won, they are now funded to make that double or split. I mean, regardless of the math, the casino really doesn't want to encourage a player to make a bet that is in their favor. I'm pretty sure that was what killed ShuffleMaster's House Money game.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Gialmere
Gialmere
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mrsuit31
December 16th, 2019 at 7:09:06 AM permalink
I was wondering about the name as well although I now see that it refers to if the cards are running hot players can greatly enhance their winnings. My confusion with it is that since it contains the word "blackjack" it suggests alterations to the main game. "Zombie Blackjack", for example, is not so named because of a side bet.

Still, "Empty the Rack Blackjack" is catchy. You have to admit it.
Have you tried 22 tonight? I said 22.
mrsuit31
mrsuit31
Joined: May 29, 2010
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December 16th, 2019 at 7:22:28 AM permalink
Quote: Gialmere

I was wondering about the name as well although I now see that it refers to if the cards are running hot players can greatly enhance their winnings. My confusion with it is that since it contains the word "blackjack" it suggests alterations to the main game. "Zombie Blackjack", for example, is not so named because of a side bet.

Still, "Empty the Rack Blackjack" is catchy. You have to admit it.



I chose it because it is Catchy and does correspond to the wager as I see it (of course that is just my opinion). Branding is the Key these days..... The "empty the rack" is the name for the reason Gialmere described. It is supposed to imply that when you are hot, like you said, catching doubles, splits, 20s or BJs, the volatility is significant increased and it feels as if the player is receiving a windfall. It is also designed to give you security in those good hands where you get shafted like the BJ vs BJ and the 20 Vs BJ. How pissed off do you get when you hit a big hand like that then either push or lose the base game. I specially get extra pissed off when I lose with a dealt 20 to a BJ. That said, Dave is not the first to make the assertion regarding the lack of a huge payout. Also, by doing so, the game becomes significantly more countable, including with the other suggestions made by Dave.

I appreciate the feedback from you both (Gialmere and Dave)!

Keep it coming!
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beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
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mrsuit31
December 16th, 2019 at 7:26:35 AM permalink
DJTB might be right about why House Money died, idk. But my opinion is, what killed it was you got to cap your base bet with the winnings. I think that freaked out security and they vetoed it.
If the House lost every hand, they wouldn't deal the game.
mrsuit31
mrsuit31
Joined: May 29, 2010
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beachbumbabs
December 16th, 2019 at 7:33:30 AM permalink
Quote: beachbumbabs

DJTB might be right about why House Money died, idk. But my opinion is, what killed it was you got to cap your base bet with the winnings. I think that freaked out security and they vetoed it.



I am not concerned. This is a completely separate independent side wager with a 5+, 7+ or 9+ HA (or more). That said, my concerns, or lack thereof, are irrelevant to an operator's in the grand scheme.

Way to many issues with bet capping and cheating with the mechanism built into house money IMHO. You are literally allowing them to cap their bets mid hand. Good luck on having surveillance make sure they don't have other chips palmed when doing so...
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DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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December 16th, 2019 at 8:07:57 AM permalink
FYI. Iím Dave.

Quote: mrsuit31

... I specially get extra pissed off when I lose with a dealt 20 to a BJ. ...

Thatís what insurance is for.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
mrsuit31
mrsuit31
Joined: May 29, 2010
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December 16th, 2019 at 8:46:49 AM permalink
Quote: DJTeddyBear

FYI. Iím Dave.



The one and only. Sorry, I'll go back to DJ, that was habit....
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