Well, it was enough, until they started paying out less and increasing minimum bets. But the dealer will always take your money if you bust, regardless of what hand they get. Now, many blackjack tables on the Strip pay out at 6:5, which means that same $10 yields only $12.ĭuring my very first advanced probability course in college, the professor went right into the math of “the house always wins.” It only takes a tiny house advantage to guarantee you lose all your money over a long enough period of time.įor example, it would seem that if you play Blackjack following the same strategy as the dealer, the odds of you winning and losing would be even. That means a gambler wins $15 for every $10 bet. A Dealer bust is one of the most common ways to be paid out in Blackjack, and it simply does not happen in Blackjack Plus. This is because the Dealer does not payout on Bust, and pushes instead. Gambling companies such as MGM Resorts and Caesars, the two biggest operators on the Strip, have reduced how much they will pay for winning hands at blackjack at many of their tables, data show.īlackjack, a fast-paced card game, historically paid out a ratio of 3:2 when a player hit 21 on the first two cards. All the payouts for Blackjack Plus are 1:1, and the odds of each hand are the same as they are in any other Blackjack game. Katherine Sayre, for The Wall Street Journal, on Las Vegas casinos squeezing out more juice:
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