Following discussions on 6/5 and other deteriorations of BJ rules, I find we always look at things from the AP point of view. We say if the casinos will not offer better games (that is code for games that can be beat) we will not play. Well guys, they really do not want us to play. During my recent trip to Vegas the 6/5 single deck tables were full of suckers, the CSM games actually had more ploppys than the hand shuffled games, and games like slots and roulette were busy. Folks, we are not their target audience and we never will be. If the uneducated players don't care and continue to play, if all the new games being introduced have 3% house edges and more, then I am not surprised that casinos study BJ rules, looking for ways that will increase their edge and keep the ploppys at the tables.
Some places offer better rules at higher stakes and though I am not an accountant, it is easily understandable to me. Take that house edge and figure what the "rental" is for your seat at a $5 flat bet for an hour. With 100 hands or $500 bet and an edge of 1% the house makes $5 per hour. They need to make more than that per seat. The places we like make the difference up quite often on the higher stakes players, but casino accountants might not look at it that way. On a higher stakes table, with an average bet of $100, or $10,000 bet per hour and an edge of only .5% they take a rental of $50 per hour, so they can afford better rules. The problem for us is that the same $10,000 on a slot probably makes them $500, over $100 for craps and so on.
If you threw out every machine from a casino and only had blackjack tables, with rules that we like, you probably would have very few casinos. I really think that even with their bad rules, ownership feels that they are keeping blackjack alive as a tradition and income from other games is supporting it.
So at 31 years old, planning to be a partimer for a very long time, you will have to pardon me for wondering if this opportunity will last.
Victoria
Some places offer better rules at higher stakes and though I am not an accountant, it is easily understandable to me. Take that house edge and figure what the "rental" is for your seat at a $5 flat bet for an hour. With 100 hands or $500 bet and an edge of 1% the house makes $5 per hour. They need to make more than that per seat. The places we like make the difference up quite often on the higher stakes players, but casino accountants might not look at it that way. On a higher stakes table, with an average bet of $100, or $10,000 bet per hour and an edge of only .5% they take a rental of $50 per hour, so they can afford better rules. The problem for us is that the same $10,000 on a slot probably makes them $500, over $100 for craps and so on.
If you threw out every machine from a casino and only had blackjack tables, with rules that we like, you probably would have very few casinos. I really think that even with their bad rules, ownership feels that they are keeping blackjack alive as a tradition and income from other games is supporting it.
So at 31 years old, planning to be a partimer for a very long time, you will have to pardon me for wondering if this opportunity will last.
Victoria