I can understand that some casinos offer 6:5 games at a lower minimum and apparently hope that players will accept the increased edge (if they notice) rather than playing for higher stakes. I don't like this (and don't play it), but I do understand it. But what is the explanation for casinos that offer both games at the same minimum? Who (other than the fool) plays at those tables? Is it just that the good tables stay full and people go to the 6:5 tables rather than not playing?
An example is the Red Rock. If I am reading the table correctly, they have 30 tables with $5 min paying 3:2 and 8 more $5 tables paying 6:5. Do they have any players at those 8 tables? Is there some other important factor I am overlooking?
I, too, will not condemn a casino for offering a 6-5 game at a low minimum, as some other gambling writers I respect do. It isn't profitable to deal a 3-2 game to somebody betting $1-$5. If it were illegal to offer 6-5 games, those players would get shut out of playing.
However, I agree, it seems devious to offer 6-5 at the same limit as 3-2 games. However, why stop there? Why offer the big 6 and 8 bets at 1-1, when the place 6 and 8 bets pay 7-6? Why have a 8-5 video poker table right next to a 7-5? It is never said, but I think the casinos have the lousy games out there to catch the players who don't know any better, and the good ones to compete for the players who know good rules from bad.
Lots of businesses have different price points for the same thing for different customers. Take coupons for example. You might ask, why bother to print a 50-cent coupon, why not just lower the price by 50 cents for everybody? Affluent or lazy customers aren't going to bother clipping and redeeming the coupon, so you get the full price from them, yet the coupon earns the business of the hard-working coupon clipper. It probably is what maximizes total profit, and it is hard to argue with that.
The 6-5 tables at the Red Rock don't get as much play as the 3-2 tables. I don't specifically think about it, but the 6-5 players look more like tourists than locals.
Quote: Wizard... the 6-5 players look more like tourists than locals.
Well, way to slur us tourists! :-)
But still Harrah's is working the system. At the Rio they have a double deck game, Hit S17, no doubling after splitting with a $200 minimum that has a 0.53% HA.
For the integrity of the game and the casino's own bottom line, they should adopt an agreement as to what will is required for a game with a $25 minimum or higher. At least a player will know if he plays at that level he has certain guarantees. Doubling after Splitting should always be allowed at that level, and their should be restrictions on the number of decks in a shoe.
According to the survey the following casinos all have $25 minimum games where DAS is not permitted and they all Hit a soft 17.
Bally’s Flamingo Harrahs Paris Rio
Golden Nugget
Hard Rock
Luxor
If Vegas adopts some standards voluntarily it will restore some confidence in the game. I think that at $25 DAS should be permitted, at $50 minimum dealer should stand on a H17, and anything over $100 should be a double deck game where surrender is permitted.
In Vegas, unfortunately, the 6-5 blackjack tables are a hit at the low denomination and the presence of the game certainly brings in more money for Vegas than if the same denomination 3-2 games are in there. I think we have to look for another cause of Blackjack's demise in Vegas.
Really, as a proportion of total revenue, Blackjack wasn't performing worse than the other tables games since about October 2008, the beginning of the recession. 6-5 Blackjack has been around for much longer. I would attribute Blackjack's fall directly to the recession and competition from other casinos, not because the 6-5 games are crappy.
Tonight I will be at the Greenbrier in WV, probably the highest class/price resort I have ever stayed at, and they now have a resort-guests-only casino. If anyone is interested, I will report briefly on what I find there.
Quote: DocI don't see any games listed with that defect, so I assume the Wizard has made the corrections. However, this question got me to look at the the list, and I have a different question:
I can understand that some casinos offer 6:5 games at a lower minimum and apparently hope that players will accept the increased edge (if they notice) rather than playing for higher stakes. I don't like this (and don't play it), but I do understand it. But what is the explanation for casinos that offer both games at the same minimum? Who (other than the fool) plays at those tables? Is it just that the good tables stay full and people go to the 6:5 tables rather than not playing?
An example is the Red Rock. If I am reading the table correctly, they have 30 tables with $5 min paying 3:2 and 8 more $5 tables paying 6:5. Do they have any players at those 8 tables? Is there some other important factor I am overlooking?
Doc, the only addition to this is that some casinos, including even some downtown, have been paying 6:5 on their "pleasure-pit/party-pit" games. Some may be willing to pay the extra HA to enjoy the eye candy that these tables offer.
Quote: ruascottDoc, the only addition to this is that some casinos, including even some downtown, have been paying 6:5 on their "pleasure-pit/party-pit" games. Some may be willing to pay the extra HA to enjoy the eye candy that these tables offer.
Good point. Maybe the Wizard's table needs another column. "Boobies: Y/N"
Quote: Doc
Tonight I will be at the Greenbrier in WV, probably the highest class/price resort I have ever stayed at, and they now have a resort-guests-only casino. If anyone is interested, I will report briefly on what I find there.
Sure, thanks.
Quote: WizardI've never seen anyone bet the big 6 or 8 either.
While at Beau Rivage last fall, I asked a craps dealer how many times a week he sees a big 6 or 8 bet. Surprisingly, he said he sees it at least a few times a week.
I asked him why someone would bet the big 6 or 8 instead of placing the 6 or 8. His response? Some people don't want to bet more than the minimum, i.e. put up an extra $1 ($5 table) or $2 ($10 table) even if its a much better payout. How about that!
Quote: DocThanks for the input, Wizard. As for the big 6 and 8 bets, I have never personally seen anyone place a bet on that spot on the felt.
Oh Doc, you need to get out more. Well, maybe not more, but later, errr actually earlier, say around 4:00 AM ;-)
When the inebriated make their way by with those chips burning a hole in their pocket, and that BIG 6 just staring right at them......