AcesAndEights
AcesAndEights
Joined: Jan 5, 2012
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May 23rd, 2012 at 5:01:50 PM permalink
Quote: Wizard

Oh, boy. I thought that my additional explanation was confusing, so I got rid of it. You can see the key says "D3 = Double on 3 cards only." Since I mention the rule about doubling on 3 cards I'm hoping the reader can deduce the reason.


Aha! I missed the key. I agree that with that there, it's fine now.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
winmonkeyspit3
winmonkeyspit3
Joined: Dec 30, 2011
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May 23rd, 2012 at 9:00:47 PM permalink
Very well written and informative. If I ever get the chance to travel to these parts of the world this information will be very helpful!
pacomartin
pacomartin
Joined: Jan 14, 2010
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May 18th, 2013 at 7:41:51 PM permalink
Quote: winmonkeyspit3

Very well written and informative. If I ever get the chance to travel to these parts of the world this information will be very helpful!



Live large, pay small in Panama City
By Gabriel O'Rorke, for CNN updated 2:45 AM EDT, Fri May 17, 2013

Discussed are:

Hotels
Waldorf Astoria Panama
Casa del Horno
Tantalo Hotel
Canal House

Restaurants
Restaurante Angel
Manolo Caracol
Barlovento

Attractions
Panama Viejo
Panama Canal
MrCasinoGames
MrCasinoGames
Joined: Sep 13, 2010
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May 23rd, 2013 at 1:58:28 AM permalink
Quote: Wizard

Gambling in Panama.


Thanks Wizard for updating Casino Holdem® in your Gambling in Panama.
Mathematical Analysis = Wizard of Odds (House Edge: 2.16%)


Casino Holdem® / Play Casino Hold’em® for Free
Stephen Au-Yeung (Legend of New Table Games®) NewTableGames.com
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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August 17th, 2015 at 1:10:55 AM permalink
a young lady with a yacht toured Panama recently and found a small village with an open-air bingo parlor:

It was a dollar for playing the whole night with one card.

Prizes were mostly tupperware boxes ;).

There were many many games played.



NOTE: As to tupperware boxes, I would assume that they are rather valuable for food storage in places with lots of flies, unreliable electricity to operate refrigerators, etc.

but to play hours and hours on one card for only one dollar .... that must be the Hell Cortez of Bingo.

bingo cards are five by five.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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August 21st, 2015 at 8:33:52 PM permalink
Quote: FleaStiff


but to play hours and hours on one card for only one dollar .... that must be the Hell Cortez of Bingo.



I've been further informed by the adventurous young lady that it was not even a casino, just a casual gathering of middle aged women running the games on a plaza under a statute of Jesus, not a casino at all.
Piegow
Piegow
Joined: Jan 31, 2018
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January 31st, 2018 at 2:04:37 PM permalink
I just returned from Panama and wish to update the information on the Blackjack scene.

The rules of the game are as the Wizard has described them. At least at the two casinos I played in, the limits were a $3 minimum and a $100 maximum bet and many players were playing $3 bets - I never saw anyone bet more than $25.

The key information missing from the descriptions is that there is a 5.5% "Retencion" taken from your chips when you go to cash them in. So if you have a $100 worth of chips and you take them to the cashier they will give you only $94.50.

This tax, which I believe has been in place for all games of chance in Panama since sometime in 2015 clearly impacts the odds and strategy. For instance, you never buy in big at the table. Also, if you will be coming back to the casino during the trip, you hang on to your remaining chips and bring them with you the next time you are there.

The rule about dealer not taking a hole card can lead to player disappointment. I saw one player split her Aces opposite dealer's 10 and draw a face card on each. When dealer then dealt herself an Ace for a blackjack, dealer did return the extra bet to the player, but took her initial bet as a loss since she held a pair of aces vs. a blackjack and thus had a losing hand.
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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January 31st, 2018 at 3:32:19 PM permalink
I knew about the redemption tax. Awful idea. While that review is meant to represent a point in time, and not claim to be current, I probably should at least add a comment on the tax.

How are things at Venato?
It's not whether you win or lose; it's whether or not you had a good bet.
Piegow
Piegow
Joined: Jan 31, 2018
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February 1st, 2018 at 2:19:22 AM permalink
Sorry, I didn't go to the Venato and wasn't approached by any interesting women. My impression was that I was the only tourist in the two casinos I visited - the Royal Casino at the Marriott and the Ocean Sun Casino Downtown. The Royal advertised that they were open from noon till midnight, however, the blackjack tables were open only from 6pm till midnight. Similarly I believe the Ocean Sun was open for 24 hours, however, the blackjack tables were open only for 12 hours.

Partly due to my limited Spanish, a lot of reliance is put on hand signals. I was used to using a palms down flat hand to indicate "stay", however, in Panama you swish your hand towards the dealer like you are swatting a fly to "stay away". To split a pair, you place your stack of chips next to your other chips. However, to double down, your stack of chips is placed behind the original set of chips. To "surrender", you move your finger back and forth left to right behind your chips (never quite got used to this one - always said "surrender" when I did it).

The quality of play was pretty awful. Many players would always surrender rather than take a chance drawing holding any "bust" hand - e.g. a 12, 13, or 14 opposite a 9 or 10. They would never split pairs of nines opposite a low card, would double down with almost all soft hands opposite low cards - e.g. A2 vs a 4, and would stand with a soft 17 opposite a 10.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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February 2nd, 2018 at 7:04:37 AM permalink
Quote: Piegow

The quality of play was pretty awful.

Strange. Do you have any notions as to why that might be? Was play in American dollars?

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