What is the house edge?

Hi there, my local casino is offering this game and I'm just wondering what the edge would be for them?

RULES FOR PLAYING BEAT THE BANKER
1. Beat The Banker shall be played with a minimum of 2 decks of cards, less the jokers, with the backs of
the same colour and design. All cards shall be dealt from a dealing shoe.
2. The point value of the cards contained in the deck shall be as follows:-
(a) any card from 2 to 10 shall have a point value the same as its face value;
(b) any Jack, Queen or King shall have a point value of 10; and
(c) an Ace shall have a point value of 11.
3. The point value of a hand shall be the cumulative total of the point value of each card.
4. No more than 2 cards shall be dealt to any player or the banker.
5. Dealer shall be responsible for the conduct of the game and shall not permit any player to handle the
cards.
6. The dealer shall not be permitted to wager on the game.
7. After each shoe of cards is dealt the cards shall be shuffled.
8. Prior to the first card being dealt for each round of play, each player at the game of Beat The Banker
shall make a wager against the dealer which shall:-
(a) win if the point value of player's hand is greater than the point value of the banker's hand.
(b) lose if the point value of player's hand is less than, or equal to, the point value of banker's hand.
9. Winning wagers shall be paid at odds not less than 1 to 1 except where the point value of the winning
player's hand is 22 in which case odds of 2 to 1 shall be paid.
10. After all bets have been placed the dealer shall then, starting on the dealer's left and continuing around
the table, deal the cards in the following order:
(a) one card face up to each player;
(b) one card face down to himself;
(c) a second card face up to each player;
(d) one card face up to himself.
11. After 2 cards have been dealt to each player and the banker, the dealer shall then disclose the point
value of the banker's hand.
12. The minimum and maximum wagers shall be prominently displayed on a sign at the table.
13. The odds payable are to be displayed at the table.
14. New decks of cards shall be introduced when:
(a) a majority of players request a change; or
(b) if a card or cards become mutilated.
15. Before introducing new decks of cards the dealer shall prove to the satisfaction of all players that:
(a) the decks being replaced are complete; and
(b) the new decks are complete.
16. New decks of cards shall be of different colour and backs to the previous decks.
17. The dealer shall invalidate the outcome of any round of play if it is established that the decks in use
contain an incorrect number of cards.

What is the name of the game? Which casino?

This sounds like very bad odds for the player. It’s essentially like blackjack but instead of 21 you need 22 which is two aces and then you get paid 2 to 1.
You lose on ties and you can’t split or double or even hit .
It must be over a 10% house edge I would guess.

Quote: Hunterhill

This sounds like very bad odds for the player. It’s essentially like blackjack but instead of 21 you need 22 which is two aces and then you get paid 2 to 1.
You lose on ties and you can’t split or double or even hit .
It must be over a 10% house edge I would guess.
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I would surmise the house edge is way less than 10%. Both player and banker can get any total from 4 through 22. Only edge the house has is on an exact equal total. And that is only ‘half bad’. It turns a push into a loss, never alters a win. The two aces (22) adds a little over 1/2% to the player.

My guess is 6% house edge.

Waiting for a ‘math guy’ to give us the answer…..

Ya I’m definitely not sure but in regular blackjack losing ties just on hand total of 17-21 is about -8.6% for the player..In this version you lose all ties except 22 so my thought was that it would be much worse.

Quote: Hunterhill

Ya I’m definitely not sure but in regular blackjack losing ties just on hand total of 17-21 is about -8.6% for the player..In this version you lose all ties except 22 so my thought was that it would be much worse.
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FAR fewer ties in this game than regular blackjack. Since you are forced to stand on, well, everything! The MOST COMMON tie, 20 -20, believe it or not will only occur around 1% of the time.

Some quick simulation shows the house edge is about 6.4% regardless of the number of decks. Fewer decks results in a lower HE, but not by much.

Quote: SOOPOO

Quote: Hunterhill

This sounds like very bad odds for the player. It’s essentially like blackjack but instead of 21 you need 22 which is two aces and then you get paid 2 to 1.
You lose on ties and you can’t split or double or even hit .
It must be over a 10% house edge I would guess.
link to original post

I would surmise the house edge is way less than 10%. Both player and banker can get any total from 4 through 22. Only edge the house has is on an exact equal total. And that is only ‘half bad’. It turns a push into a loss, never alters a win. The two aces (22) adds a little over 1/2% to the player.

My guess is 6% house edge.

Waiting for a ‘math guy’ to give us the answer…..
link to original post

Props to you Soopoo your guess was in the ballpark.