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heyitsnick | 10 years ago

"1% may not sound like a lot, but it's more than the typical casino edge in a game of blackjack or slots."

The house edge for slots games is anywhere from 2% to 15%+ and is one of the worst bets you can make in the casino.

Blackjack, video poker and some bets on craps are the only times in a casino where the house edge shrinks to below 1%.

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wozniacki|10 years ago

  Blackjack, video poker and some bets on craps are the only
  times in a casino where the house edge shrinks to below 1%.
Care to cite your source for this or are you a gaming industry insider?

PhantomGremlin|10 years ago

There's no need for a source. It's common knowledge. Many books, websites, and research papers have extensively studied those games.

Edward Thorp is a mathematician who did a lot of analysis about blackjack over 50 years ago.[1] He's a seminal figure in this field.

Here's one site I recall mostly because it has a memorable name: http://wizardofodds.com/

[1] https://en.wikipedia.org/wiki/Beat_the_Dealer#History

albedoa|10 years ago

> Care to cite your source for this or are you a gaming industry insider?

Strange dichotomy to those of us who have been to a casino. They tell you right at the games — you don't need to be an industry insider.

windowsworkstoo|10 years ago

It says it right on the card on the table that explains the min/max bets (in Aus at least). Also, it's basic stats which can be applied depending the house rules.