When discussing some of the side bets in blackjack, you’ll notice that I use terms like “expected return” and “house edge.” Here’s an explanation of those concepts.
Answer 1 of 8: I'm a BIG fan of making those 'side' bets which are offered at many blackjack tables. I know they're supposed to be 'sucker' bets, but I usually do.
The expected return is the amount of money that you can expect to win or lose (in the long run) from each wager. For example, if you’re placing an even-money $1 bet, and your chances are 40% fora win and 60% for a loss. This would give you the following: $0.40 – $0.60 = -$0.20. The negative sign in front of the total means that for every dollar wagered you can expect to lose $0.20 (onaverage, over a long period of time—in the short run, anything can happen).
Here’s an example where you have multiple options for winning. Let’s say that you’re betting $1 on a slot machine, and you have a 20% chance of winning $4, a 25% chance of winning $3, and a 55%chance of losing. Here’s how the expected return would be calculated:
20% x $4 = $0.80
25% x $3 = $0.75
55% x -$1 = -$0.55
$0.80 + $0.75 – $0.55 = $1
In this example, you could expect to win $1 per spin over the long term. Of course, no sane casino ever offers a slot machine game with a positive return.
The house edge, meanwhile, is the ratio of the average loss to the initial bet. Expressed as a percentage, this number demonstrates the subtle way in which casino games bleed aplayer dry.
For example, a 5% house edge means you can expect to lose $5 for every $100 wagered—or $0.05 for every $1. This might not sound like a lot, but it gives the casino a financial advantage over theplayer and allows for a steady accumulation of profit.
Game designers and casinos carefully calculate the expected return and house edge before putting a game on the casino floor. The end result is that the house almost always has an advantage overthe player, which explains why the major casinos rake in obscene amounts of money on an annual basis.
Free Blackjack With Side Bets Youtube
Blackjack variants are hit and miss. Games like Blackjack Switch are an anomaly. This twist on traditional blackjack has stood the test of time. It’s been in casinos for more than five years.
It takes years for new blackjack games to go from gaming expo to casino floors. Once a blackjack game makes it into casinos it’s often only guaranteed a trial that might last 30 to 90 days. Lately, few games have been sticking around after the trial. It seems as though there’s at least one Free Bet Blackjack game in casinos. This game might have a long life ahead of it.
The Global Gaming Expo (G2E) was just in Las Vegas and it doesn’t look like we’ll see too many new blackjack games in casinos in the near future. There’s just not too many concepts that seem groundbreaking.
Last year we introduced you to U-Turn Blackjack from Scientific Games. It’s another “push on 22” game that was at G2E once again. While the machinations of the game are unique, the gameplay itself leaves something to be desired. Time will tell if this game ever sees the light of day.
Creating new versions of blackjack isn’t easy. It’s even more difficult for the games to reach casinos. It took Down Under Blackjack a couple of years before it reached casinos earlier this year. While this game is another “push on 22”, at least it hasn’t unique traits to separate it from other blackjack games.
More New Side Bets
It seems as though gaming manufacturers are resigned to creating new side bets for casinos. These bets are always profitable for casinos. In turn, they’re not profitable for gamblers. Recreational blackjack players enjoy these side bets because there’s potential for a big payout. Experienced blackjack players tend to avoid these bets because they have a negative expected value.
Regardless of the blackjack rules for the base game, these bets often have a good house edge for the casinos. Traditional live dealer blackjack games now have at least one or two side bets. Electronic blackjack games have as many as four or five different side bets. These are much easier for gaming manufacturers to place in casinos than actual new blackjack games.
Gaming manufacturer AGS has three relatively new side bets available for casinos. While creating new blackjack games might make a larger impression, these side bets have a good chance of making it into casinos for more than just a trial period.
IN BETween: This is a unique blackjack side bet that pays odds when the Dealer’s upcard is IN BETween the player’s first 2 Blackjack cards. The max payout is 30-1. This looks like something action junkies might enjoy.
War Blackjack: Players can add a game of War to their traditional blackjack game. The AGS website says “The War bet for a six-deck game returns a house edge of about 1.17%.” That’s not too bad for a side bet. I don’t get playing War in a casino, but this isn’t the worst side bet you’ll find.
Blackjack Top 3 Side Bet
Jack-A-Tack: My synopsis – Get Jacks, Win Money. How many “one jack off” jokes will dealers be forced to tell with this bonus? This is probably the most simple of the three side bets.