Jump to content

What do they make?


Chuck1965
 Share

Recommended Posts

For slots it all depends on what the payback percentage is set at. If it is set at say 90% payback, than if 1 million is put through then the casino will make $100,000. Now these are percentages are over a period of time and not guaranteed, but over a years time the amount the ship makes will almost spot on.

 

Now tables are different and it depends on how every individual plays. There are also "sucker bets" with a huge house edge. An example is on one cruise in 2005 on the NCL Sun, I put over 1.4 million in play at blackjack. I played perfect basic strategy so the house edge was under 1/2 of 1 percent. So the casino should have made $14,000 on me. However I was able to turn the 1/2 percent house edge into a 3% edge for myself. Over time though the will get its 1/2 percent from a perfect basic strategy player. Now if someone was to play blackjack and put 1 million in play and stay on the wrong hands and never split or double down, the will get over $200,000 from them over time.

 

So, it all comes down to the house edge on every game. Over time the percentages will be almost dead on.

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

  • Forum Jump
    • Categories
      • Welcome to Cruise Critic
      • Hurricane Zone 2024
      • New Cruisers
      • Cruise Lines “A – O”
      • Cruise Lines “P – Z”
      • River Cruising
      • ROLL CALLS
      • Cruise Critic News & Features
      • Digital Photography & Cruise Technology
      • Special Interest Cruising
      • Cruise Discussion Topics
      • UK Cruising
      • Australia & New Zealand Cruisers
      • Canadian Cruisers
      • North American Homeports
      • Ports of Call
      • Cruise Conversations
×
×
  • Create New...

If you are already a Cruise Critic member, please log in with your existing account information or your email address and password.