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Your best guess : players edge with 10-1 on blackjack Your best guess : players edge with 10-1 on blackjack

02-10-2012 , 07:52 PM
The owner of the club I play at randomly decided he wanted to deal his own blackjack tables for a while and also decided to offer 10-1 on blackjacks. Off the top of your head what do you think the player edge for this game is? 20%? More?
Your best guess : players edge with 10-1 on blackjack Quote
02-10-2012 , 08:03 PM
Quote:
Originally Posted by tomdemaine
The owner of the club I play at randomly decided he wanted to deal his own blackjack tables for a while and also decided to offer 10-1 on blackjacks. Off the top of your head what do you think the player edge for this game is? 20%? More?
Off top of my head, I'd guess 3.5% over the game you were playing.

Last edited by SheetWise; 02-10-2012 at 08:04 PM. Reason: to make e read off
Your best guess : players edge with 10-1 on blackjack Quote
02-10-2012 , 08:15 PM
Lol guess I was way off I thought I remembered reading that most of the players equity came from hitting blackjacks. Figured it would have a bigger impact.
Your best guess : players edge with 10-1 on blackjack Quote
02-10-2012 , 10:30 PM
Quote:
Originally Posted by tomdemaine
Lol guess I was way off I thought I remembered reading that most of the players equity came from hitting blackjacks. Figured it would have a bigger impact.

10-1 blackjack if offered in a fair game is a huge effect.

Getting a blackjack occurs roughly 1 in 21. So on average, every 21 hands you now get 10 units instead of 1.5. So you will typically gain 8.5 units more than normal every 21 hands.

So if the original house edge is 1%, you would be expected to lose 0.21 units over 21 hands

With a 10-1 blackjack, you would now gain 8.5 - 0.21 = 8.29 units over 21 hands. This yields a player advantage of: 8.29/21 = 39.5%
Your best guess : players edge with 10-1 on blackjack Quote
02-11-2012 , 01:54 AM
tring can I just say that I hate you. That is all

Spoiler:
obviously just kidding, you have some mad skills
Your best guess : players edge with 10-1 on blackjack Quote
02-11-2012 , 03:07 AM
Quote:
Originally Posted by tringlomane
10-1 blackjack if offered in a fair game is a huge effect.

Getting a blackjack occurs roughly 1 in 21. So on average, every 21 hands you now get 10 units instead of 1.5. So you will typically gain 8.5 units more than normal every 21 hands.

So if the original house edge is 1%, you would be expected to lose 0.21 units over 21 hands

With a 10-1 blackjack, you would now gain 8.5 - 0.21 = 8.29 units over 21 hands. This yields a player advantage of: 8.29/21 = 39.5%
This looks about right as an approximation. Blackjacks do tie now and then and we're rounding but think it's in the neighborhood (though any time anything is different than SW I assume I'm missing something).

Would be interesting to see how much a guy could get away with altering the game to still make this a more intuitively popular choice. Spanish 21 decks, ties lose, dealer 22 pushes, all the common restrictions on splits and doubles, every other negative set-up you can think of, and you've still got to think the casual player is going to enjoy that 10-1 (or even 5-1 or whatever to put it in line with what they can do w/ their rules and get what they want). Not saying this is what the owner has done but it's my first though.
Your best guess : players edge with 10-1 on blackjack Quote
02-11-2012 , 06:28 PM
Quote:
Originally Posted by acesholdup
Would be interesting to see how much a guy could get away with altering the game to still make this a more intuitively popular choice. Spanish 21 decks, ties lose, dealer 22 pushes, all the common restrictions on splits and doubles, every other negative set-up you can think of, and you've still got to think the casual player is going to enjoy that 10-1 (or even 5-1 or whatever to put it in line with what they can do w/ their rules and get what they want). Not saying this is what the owner has done but it's my first though.
True, my quick bastard math makes the assumption that tied BJs win, but the numbers are still close. Noting ties with dealer, that would lower the player advantage to 37.7% in a 6-deck game that normally would have a 1% edge.

Ties lose and dealer pushing 22 would reclaim 15.77% of the edge back.
http://wizardofodds.com/games/blackj...le-variations/
Your best guess : players edge with 10-1 on blackjack Quote
02-13-2012 , 08:11 PM
Blackjacks paying 2:1 yield a small but significant advantage for the player.
Your best guess : players edge with 10-1 on blackjack Quote
02-14-2012 , 03:28 AM
where is this at?
Your best guess : players edge with 10-1 on blackjack Quote
02-14-2012 , 09:58 AM
are you sure it wasn't 10:1 on suited blackjacks?
Your best guess : players edge with 10-1 on blackjack Quote
02-14-2012 , 01:08 PM
Quote:
Originally Posted by Fubster
where is this at?
Quote:
Originally Posted by SimonStylesTheActo
are you sure it wasn't 10:1 on suited blackjacks?
Nah it was all, and it was just a one down never to be repeated offer (it's possible the owner was drunk)
Your best guess : players edge with 10-1 on blackjack Quote
02-23-2012 , 01:15 PM
The advantage over a six deck base game would be 43.1%.
Your best guess : players edge with 10-1 on blackjack Quote
02-24-2012 , 02:57 AM
Quote:
Originally Posted by tomdemaine
Nah it was all, and it was just a one down never to be repeated offer (it's possible the owner was drunk)
Doing it for a down might even be pretty good sober business. Realistically speaking when he just springs it like that I mean how much does he really stand to lose? Reasonably priced advertisement/fun night for him.
Your best guess : players edge with 10-1 on blackjack Quote
02-25-2012 , 04:38 PM
average bet x .46 x number of spots per hand = quite a lot of money
Your best guess : players edge with 10-1 on blackjack Quote
02-25-2012 , 08:54 PM
Quote:
Originally Posted by SimonStylesTheActo
average bet x .46 x number of spots per hand = quite a lot of money
So about half a day at two other tables with typical rules against typical players. It's not exactly a Super Bowl commercial.
Your best guess : players edge with 10-1 on blackjack Quote

      
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