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May 30, 2004
Column
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While in northern Michigan I came across a new
blackjack rule on splitting aces. Instead of resplitting you
still only receive one card but you may double on it if you
like. Can you tell me the effect of this rule?
I've never heard of this rule before. According
to my analysis, being allowed to double after splitting
aces decreases the house edge by 0.08%. However not
allowing resplitting any pair, compared to resplitting to
four hands, increases the house edge by 0.06%. So the
combination of the two rules decreases the house edge by
0.02%. Following is the basic strategy of when to double
after splitting aces, assuming 4 to 8 decks and the
dealer stands on soft 17:
Soft 12 to soft 16: double against anything
Soft 17: double against 2 to 9
Soft 18: double against 3 to 6
Soft 19 to 21: never double
What happens if two players get a royal flush, both of
who made the progressive side bet, in Caribbean Stud
Poker?
I believe what happens in this situation is the
player to the dealer's right would win the progressive
jackpot and the other one would win only $10,000. This is
because the dealer pays players from right to left so
player to the right would be paid first, the meter reset
to $10,000, and then the second player paid. However I
think the second player would have a legitimate complaint
on his hands. The probability of this happening in a full
table is 1 in 20,103,110,301. So I would doubt this has
ever happened or ever will happen.
I'm a pit boss at an Indian Casino in Northern
California and I've been following the discussion about Tip
Sharing vs. Going For Your Own (April
4, May
13 columns) and I have to say from what I've
seen, dealers much prefer the go for your own. In fact,
because we're a go for your own house, we have dealers from
all over the state (and even from all over the country)
trying to get a job here because we're so close to the Bay
Area. Even dealers from far bigger casinos such as Thunder
Valley (near Sacramento) and Cache Creek (also near
Sacramento) are trying to get a job here because they don't
pool their own tips. I also experienced something similar
with another Northern California casino that wasn't as nice
as the one I'm currently at. There was almost a dealer
mutiny whenever it was discussed about going to a pooled
system.
In Scottsdale, the hottest casino to work at right now
is a go for your own joint that has over 100 tables. The
dealers there are consistently making several hundred
dollars per day working there and everyone from across the
country wishes they were there.
The only dealers that I see that wish it were pooled
are those that lack personality or have poor dealing skills
(or both). The only way those dealers make any money is to
pool their tips. And just for the record, the top
moneymakers at the casinos I've been at are ALWAYS men, and
not even very attractive men. While some of the really
attractive ladies do indeed make good tips without even
trying (or so it seems), the best dealers are truly
entertaining personalities with a fast, clean game.
Thanks for your comments.
I disagree with your answer about using the Martingale
with an infinite bankroll (May
22, 2004 column). If I had an infinite amount of
money and time, and the casino would take any bet, then
could I ensure a profit by playing the Martingale (doubling
after every loss until I win) on a fair bet on the toss of a
coin? The question writer proposes a random walk on a fair
bet. The expected value is indeed zero, as you say. But the
probability of ever being ahead is 1, as long as you are
willing to quit after being ahead some finite amount. The
probability of eventually achieving that finite amount with
an infinite bankroll and infinite time is 1.... for ANY
finite level of winnings. Even if the game is unfair,
infinite bankrolls can ensure that eventually you can
receive a positive result... and then quit. Pick a level of
winning you want... $1 million. Bet a million. If you lose,
bet $2 million. If you lose again bet $4 million. In an
infinite number of flips, even with the game as unfair as
you like, you will eventually win. Take your $1 million and
go home. Come back tomorrow and repeat. - Jonathan Falk,
actuary
I had a feeling one of my fellow actuaries might
disagree with me on this one but I stand by my answer. I
see this as a question of expected value rather than
probability. The writer used the word "ensure", which is
related to the word insurance. An insurance policy would
have a fair cost of 1, which is simply the product of the
probability (1/2infinity) and amount covered
(2infinity). As I said in my original reply,
2infinity/2infinity = 1. So the
player would give up his one unit win to pay for the
insurance policy. You might argue that the insurance
company would never have to pay because they could claim
an infinite number of flips have not occurred yet, but
I'm assuming a timeless quality in the question. If we
did consider time I would be even more right because the
player would never live long enough to play an infinite
number of flips, and any finite number of losses is
definitely possible.
First off, I love your site. I occasionally play Three
Card Poker at Grand Victoria Casino in Elgin, IL. They have
a Pairs Plus Pay Table that isn't listed in your Three Card
Section:
Pair 1:1
Flush 3:1
Straight 6:1
Three of a Kind 30:1
Straight Flush 50:1
Thanks. This pay table has a house edge of
5.10%.
Do you have a book on various versions of video poker,
or can you recommend a book where can I get strategies for
Bonus Poker, Double Bonus, Tripple Bonus, Double Double
Bonus, and Tripple Double Bonus?
Video poker does not suit itself well to books.
There are so many different games and pay tables, and
they add new ones so quickly, that a book would be dry
and quickly outdated. I recommend getting video poker
software that can produce a strategy for almost any game.
Two examples of such software are Video Poker Strategy
Master and Frugal Video Poker.
See important note about Bodog payouts & deposits.
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