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An apparently tiny rule change at two casinos in Las Vegas will have pretty serious negative consequences for gamblers. In blackjack, players receive two cards and then decide if they want to "hit" and get more cards, or "stand" and use the cards they already have. The goal is to get a higher score than the dealer, based on the values of the cards, without going over Should you do this, you get a payout of 1-to-1; you win as much money as you bet.
A special situation happens when the first two cards dealt are a 10 and an ace valued at 11adding up to 21 right away, a situation called a natural blackjack. In this case, the standard payout, and the old rule at the Venetian and Palazzo, is 3-to This seems like a small change, but it has a pretty serious effect on the game.
Natural blackjacks are not completely uncommon; about 1 in 20 hands will come up with a natural The rule change means that the casinos will be paying out quite a bit less money. In terms of the industry, the rule change greatly increases the "house edge. Games are set up to be slightly unfair to players in the long run, paying out a little bit less in total than what is taken in. The house edge is usually expressed as a percentage.
Using blackjack на баксы usd handy blackjack house-edge calculator from gambling analysis site Wizard of Oddswe can see what will happen to players at the Venetian and Palazzo under the new rules. Here is the output from the calculator using a fairly standard set of Las Vegas blackjack rules, with the 3-to-2 natural blackjack payout: Note that in this case, вулкан на средства рубли house edge — assuming a player is following the strategy that maximizes his or her chances of winning — is just 0.
This is dramatically worse for the blackjack на баксы usd. The house edge with a perfectly playing gambler is now 1. This makes playing blackjack at the Palazzo and the Venetian a far less attractive proposition. Players have much worse chances of coming out ahead. Fortunately, gamblers in Las Vegas will still be able to find ample casinos that still have the standard payout for a blackjack на баксы usd blackjack, making the cost of playing far lower.
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Trending Tech Insider Finance Politics Strategy Life Sports Video All. You have successfully emailed the post. Two Casinos Just Made A Tiny Rule Change That Massively Blackjack на баксы usd Blackjack Players. Wikimedia Commons An apparently tiny rule change at two casinos in Las Vegas will have pretty serious negative blackjack на баксы usd for gamblers.
Wizard of Odds Note that in this case, the house edge — assuming a player is following the strategy that maximizes his or her chances of winning — is just 0. Now, we use the same set of rules, but with the 6-to-5 payout: Wizard of Odds This is dramatically worse for the players. Gambling Las Vegas Sands LVS Las Vegas.
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