Jun 06, 2017 For players accustomed to $5 minimum tables, and their inferior 6 to 5 payouts on blackjack, learning that the elusive 3 to 2 pays can be found at higher stakes can be confusing. That may seem counterintuitive at first, as offering lower house edge rates to players plunking down $100 chips or higher on each hand would seem to be a recipe for financial disaster.
- Jul 29, 2014 At the old 3-to-2 payout rate, players would receive a payout of $15 on a $10 bet, for example. At the new rate, 6-to-5, a $10 bet would net only $12. For context, a winning hand that is not a blackjack or natural 21 would pay out at 1-to-1, so a $10 bet would produce $10 in winnings.
- Many casinos today pay blackjacks at less than 3:2 at some tables; for instance, single-deck blackjack tables often pay 6:5 for a blackjack instead of 3:2. 5 Blackjack games almost always provide a side bet called insurance, which may be played when dealer's upcard is an ace.
hook3670
I was just in Atlantic City this weekend and kudos to all of the Harrah's properties there that are all now offering all of their shoe blackjack games at 3 to2 for blackjack; even down to the $10 tables.
Tiltpoul
I was just in Atlantic City this weekend and kudos to all of the Harrah's properties there that are all now offering all of their shoe blackjack games at 3 to2 for blackjack; even down to the $10 tables.
I’m talking about a.5 percent casino edge, depending on which table you’re sitting at. Do you hit 12 against a dealer showing a 2? Best odds blackjack or roulette. (Meaning for every dollar you gamble, you’ll lose only half a penny on average.) But to get these ultra-good odds, you have to know what you’re doing.
Blackjack Payout Chart
I didn't realize they ever stopped offering those. I was there in December, and even the $1 tables had 3:2 BJ, though you pay a quarter commission.
'One out of every four people are [morons]'- Kyle, South Park
Hunterhill
This is nothing new.All the casinos in Atlantic city pay 3 to 2 on shoe games.
hook3670
Showboat and I think Bally's had only been offering the 3 to 2 in their high limit area when I was there in January after they had closed the Wild West, instead of on all thier games.
Tiltpoul
Showboat and I think Bally's had only been offering the 3 to 2 in their high limit area when I was there in January after they had closed the Wild West, instead of on all thier games.
It wouldn't surprise me if they were testing the waters for 6:5 in those casinos. While Bally's rarely has less than $5 mins, Showboat occasionally does. My guess is they learned very quickly that you can't undercut competition in Atlantic City, like you can in Vegas.
Ameristar KC tried it one time. They had two tables, shoe games, that paid 6:5 but were $5 tables all the time. Problem was during the week, they had $5 3:2 games, so while they got action on the weekends, they really didn't get any during the week. Eventually they took them out. Harrah's still has single deck, which of course, pays 6:5.. but that's a little bit different. (Not great, but different)
'One out of every four people are [morons]'- Kyle, South Park
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Hi guys. This is Mike.
The topic of this Wizard of Odds Academy video will be on the importance of a blackjack paying 3 to 2 odds in blackjack as opposed to 6 to 5, which is a very common rule variation right now.
Here in Las Vegas
You see a lot of players playing 6 to 5 blackjack even at high amounts. Frankly, I have no idea why other than out of a ignorance of math.
I hate to have to insult your intelligence by even pointing this out, but 3 / 2 = 1.5, 6 / 5 is 1.2. The player will get 30% of a bet more with every winning blackjack if he's playing 3 to 2 blackjack as opposed to 6 to 5.
How important is that rule mathematically?
Let's see:
Let's assume six decks of cards, which is the norm, and that the player has no knowledge of any other cards in the deck. The probability that the first card the player gets is worth 10 points, is 96 / 312 because there are 96 10-point cards, 16 x 6 is 96, and 312 total cards in the shoe. 52 x 6 is 312. Assuming the player's first card is a 10-point card.
He at least has hope of a blackjack. He will need an ace or that second card. There are 24 aces in the shoe, and 311 cards left.
However..
..the player might get the ace first. It's just as likely to get the ace first in a blackjack as a blackjack, starting with a 10-point card. We multiply this by two. The probability the player gets a blackjack is equal to 4.75%. However, in order for this pay to make any difference, it must be a winning blackjack. If the dealer gets a blackjack too, then it doesn't make any difference.
Once the player has a blackjack, what is the probability that dealer will get one? Well, again, the dealer could get the ace and the 10 in either order thus the two. There will be 95 10-point cards left in the shoe out of 310 cards. After you take out the two player cards, there will be 23 aces left by the time it's the dealer's second card.
Assuming the player has a blackjack, the probability that the dealer gets one as well is 4.56%. It goes down because the player already has an ace and a 10 out of the shoe. The odds are a little bit down due to the effect of removal. The probability that the player has a winning blackjack equals 4.75% x (1 - 4.56%).
In other words, the probability of a player blackjack and times the probability that the dealer does not have a blackjack, so the probability that the player has a winning blackjack is equal to 4.53%. Grand bahia principe punta cana photos.
The math of this is really quite easy
The probability the player has a winning blackjack is 4.53%, which is conveniently one in 21, and the game is called 21. That's easy to remember. Every time the player gets a winning blackjack, if he's playing 3 to 2 blackjack as opposed to 6 to 5, he will win 0.3 times his bet more because (3 / 2) - (6 / 5) = 0.3, as we showed before. 4.53% x 0.3 = 1.36%.
That means..
..f the player plays 6 to 5 blackjack as opposed to 3 to 2, he's giving the casino an extra 1.36% of his bet, probably for nothing. This assumes all other rules being equal.
Okay, I hope that I have convinced you guys not to play 6 to 5 blackjack when given the choice. However, if you're still on the fence, let me throw some more numbers at you.
These are all based on what are normally, otherwise, fairly standard Las Vegas Strip rules. You can find these at most of the MGM / Mirage properties. Dealer hits a soft 17, double after split allowed, player make double on any two cards, surrender is allowed, and resplitting aces is allowed. With correct basic strategy, and a blackjack paying 3 to 2, the house advantage under those rules is a nice low 0.46%.
That is giving the casino less than one in 200 hands.
It's a pretty cheap way to gamble. However, if we just change that blackjack pay from 3 to 2 to 6 to 5, then, as I just showed you, the house advantage goes up by 1.36% to 1.82%, so 0.46% to 1.82%, that is almost four times as high. That's paying four times as much for the same service and product.
Let me tell you what that looks like in terms of your expected losses per hour:
If you are a $5 player, an hour worth of play on average will cost you $1.66 at a 3 to 2 table, and $6.55 at a 6 to 5 table. A $10 player can expect to lose $3.31 per hour at a 3 to 2 table, and $13.10 at a 6 to 5 table. A $25 player can expect to lose $8.28 at a 3 to 2 table, and $32.76 at a 6 to 5 table.
Finally, a $50 player can expect to lose $16.56 at a 3 to 2 table, and $65.52 per hour at a 6 to 5 table.
Blackjack Payout 3 To 2 Or 6 To 5
I hope I've convinced you to stay away from 6 to 5 blackjack wherever you can. Now, I'm sure a lot of you are saying, 'Mike, I'm a low roller. I'm uncomfortable with the limits at the at the 3 to 2 tables.' If that's true, okay, I get it.
You may not really have the choice in that situation, and you may be stuck with 6 to 5, if you must play. Sometimes there's just nothing you can do about it and the situation is only getting worse.
Blackjack Pay 3 To 2 Calculator
The casinos here in Las Vegas as well as I think everywhere in the United States, are trying to phase out 3 to 2 blackjack slowly but surely as it's really not very profitable for them.
I don't think I have anything much more to say on this topic. Thanks for watching and I'll see you in my next Wizard of Odds Academy video. Thank you. Bye, guys.
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