Do the casinos know their side bets are beatable?
According to Mr. Ko,
www.gambology.com, he makes part of his living advising casinos that side bets that they have instituted are beatable. So, according to him, they did not know that the side bet was beatable before he sold them his consulting services. I find this a bit difficult to swallow, I have to think that part of due diligence in purchasing a new game for a casino is to independently verify the beatability of the game. I could be wrong, I guess, perhaps the casinos just accept the game's author's numbers for their "edge" and don't worry about "beatability" as part of their due diligence.
If Mr. Ko is right, if casinos do buy beatable games without checking "beatability" out first, then it is very foolish to be discussing these side bets in public. I, for one, would keep such information a closely guarded secret, share it with only trusted colleagues.
There are three options as to the casino's attitudes toward bj games with side bets: 1)they buy them based on edge and don't investigate "beatability" until/unless counters hammer them (the way over/under got hammered), 2) they know the side bet is "beatable" but simply don't care because they think the non-counters will give them more money than the counters take, or, 3) they know the side bet is "beatable" and plan on backing off any counters they run into.
I have beat 21 +3 by counting the suits, such an obvious ploy I just cannot imagine that any casino offering that game doesn't "know" that someone could do that.
I never, however, discussed publicly exactly HOW I do this. And, i wouldn't. It is too easy to watch someone playing 21 + 3 and tell by their betting pattern that they are using this count, once you know what it is. I found though that 21 + 3 moves so fast and is so difficult to pay out accurately and keep up with (for the poor dealer) that the casinos (the ones I play at anyway) just don't worry about watching this game for counters.
I think that if a new game with a beatable side bet came out that we should assume that the casino doesn't know it is beatable and be very circumspect about discussing that information in public. I think the risks associated with exposing beatability information outweigh the benefits. Besides, Mr. Ko charges casinos for this information, why give it away to them for free?
Just my opinion.
Steve