Over Labor day I have been entered into the following tournament by my host at Caesars:

OFFER: 3 FREE CONSECUTIVE NTS AT Caesars Palace

+ ONE ENTRY INTO THE TRIPLE TABLE TOURNAMENT AT CLV


1st Place - $125,000

2nd Place - $50,000

3rd Place - $25,000

All winnings will be paid in Casino Play. Choice of Gaming Vouchers/Reel Rewards.

*Maximum of 30 players

Each Entrant will play three games - one round of Blackjack, one round of Roulette, and one round of

Baccarat.

One round of Blackjack consists of 20 hands. One round of Roulette consists of 10 rolls of the ball. One round of Baccarat consists of 20 hands.

There will be 10 people per game in a single round. (2 tables of Blackjack, 2 tables of Mini-Baccarat in a round, and 2 tables of roulette.)

Ten (10) people play Blackjack at one time, ten (10) people play Baccarat at one time, and ten (10) people play roulette at one time.

Once the 20 hands/10 rolls of the ball have been dealt the customer will proceed to the next game.

At the start of each game – blackjack, roulette, baccarat the customer will receive $50K in tournament chips to play with. At the end of the session the chips will be counted out.

At the end of the three games whichever customer has the highest combined scores between the three games wins.

Minimum bet for all three games is $500 and maximum bet is $10,000.

*** Last hand in BJ and Baccarat may be unlimited. ***

_______________________________________________

Now on the surface it would seem to me that the group playing Roulette last has a huge advantage as the longshot roulette bets have the same house edge as just betting red or black. If you are so far behind while playing the other rounds towards the end it would seem like you would have to make larger -EV bets like betting tie in Baccarat, doubling on 14 in BJ, etc.

Anybody have any advice as to how to play this tourney with these rules? I am not super familiar with BJ tournaments although I know there is some written literature out there by Stanford Wong.

Well you identified the strategy. The winners of the tournament will be people who bet large percentages of their stack on high variance bets and get super lucky. And everyone who "only" triples their chip stack will end up the same as people who go busto. So make massive overbets on long shots and hope you get lucky.

You can always use the tie at baccarat and the hard way bets at craps as big multipliers.

hard way bets at craps eh?
for some reason I feel like this is not a good strategy for this tournament.

Key question: do you know how others are performing mid-game?

My strategy would be to set a target - say 10x - and play a strategy that maximises the chance of hitting that.

It is definitely possible that a lost of players will bust late in the game, chasing the "win", so a relatively conservative strategy may yield some results.

LOL oops

Do you know all the other player's stacks at all times?

Are you betting real money?

1) almost certainly no
2) 100% no

in tournaments like this, typically it'll be a rule that players must have their stack clearly in front of them. a lot of times when it gets to some sort of bubble they'll also count down the stacks and announce them all. so you should be able to see all the player's stacks.

most important thing is not to be correlated. so if most people are heavy on banker at bacarrat, you should be betting player. if the crowd is going red/odd on roulette, then go black/even. basic bet sizing should be intuitive enough to put you way ahead of the field.

Betting correlated may work though if you are in first and protecting a lead over 2nd place late.

Earlier stages though I agree do not bet correlated with the crowd. For blackjack that would be betting small when others at the table are betting big, and vice-versa.

Do everything you can to play roulette last.

how to get free chip poker??