The house advantage and profits?

[Cardcounter]

A game with a bigger house advantage in my opinion does not mean that a game necesarly brings the house more money. Lets compare 2 games the big 6 wheel and roulette. The house advantage on the big 6 wheel is about 16% and what happens almost nobody steps up and play so they have very little money wagered on the big six wheel a day lets say they have $200 wagered a day for a $32 in revenue. Now Roulette has a house advantage of just over 5% it is a much more poppular game and it might have $5,000 wagered on it in a day giving the owner an average of $261 worth of revenue. A blackjack game where the odds can be as good as .25%-1.5% the amount of money a low roller casino can have wagered on the tables might be $60,000-$1,000,000 or more. The average player plays with a 2%-5% disadvantage at blackjack leaving the casino with a minimum profit of $1,200 a day.

 

[EasyRhino]

You know, I haven't spent too much time scoping out 6:5 venues, for understandable reasons. However, most places I've been at, if they offer a 6:5 game, they only have a few tables. The predominant games are still shoes.

What's a store that has a LOT (like, a majority) of their games 6:5? How crowded are they?

 

[ihate17]

Thinking about 6/5 games

You know, I haven't spent too much time scoping out 6:5 venues, for understandable reasons. However, most places I've been at, if they offer a 6:5 game, they only have a few tables. The predominant games are still shoes.

What's a store that has a LOT (like, a majority) of their games 6:5? How crowded are they?

When I visit the better strip casinos I often will see the 6/5 tables very active. Not as active as many of the better games but more active than a 6/5 should be. Often the casinos know how to encourage more players on 6/5. It might be the only $5 table available to customers who do not wish to play at higher stakes. Also, many tourists just do not know how bad the game is but of course have heard that single deck is better.

Now take that 6/5 game to a locals casino or out of Nevada to an Indian casino where many of the players are regulars and it will often be the deadist table in the joint. On a recent visit to an Indian place in Northern San Diego County, they had a single deck 6/5 table near some OK double deck tables in a pit area where all the games were $25 and $50 minimum including the 6/5 game. The single deck table was empty for hours and then got a single player for a short period. The double deck tables were nearly always constantly full. In another section of the casino where they had a low roller 6/5 game the tables were nearly empty while the shoe and CSM games were crowded. From this I have come to a conclusion that 6/5 does just not work for casinos where people gamble often.

ihate17

 

[Cardcounter]

My point

Too high of a house advantage will result in players not playing the game or not playing the game for very long which could result in lower profits overall for the casino. How much does a game with a 16% house advantage make if nobody plays the game? How much does a game with a 2% house advantage make if there is $10 million wagered on the game?