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Blackjack table bets?


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18 minutes ago, little britain said:

Will they drop to attract business

 

This is more based on land-based casino experience from years past, but I'd ask the casino manager if they could make a table $10 or whatever you're hoping for. Worst they can do is say no.

 

Common sense dictates that low limit tables bring in more revenue than empty tables but I have no idea how much control cruise casino managers have. For all I know, corporate has told them "no tables under $15."

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Was just on HOS.   $15 tables were there and plenty occupied.   Could still find a seat.  Regardless, for Blackjack, always buy in 10x what the bet you are planning for (if $15 then $150) so you can handle the streaks.  Play solid - no "feeling the hit card is good/bad" - just play by the book (The dealers will help you if you ask).   Think of the bet as just chips not cash.    Have 2 walk away numbers:   The amount you walk away if you lose and the amount you walk away if you win.  In the end, you can get it down to ~49%you : ~51%them 

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I'm far from an expert, but from what I've seen in LV, if there's not much action, they will have fewer tables open and low minimums to entice players to join games.  As the tables get more crowded, they will raise the minimums and then open more tables.  You can walk through the casino at 10pm and all tables will be open with higher minimums.  12 hours later at 10am they will have two tables open with $10 minimums.  Not recently, but a few years back I saw a $5 table one morning at Caesar's.  

 

It seems like getting more players would be better, but they look at the "handle" (total flow of cash through the table) and "drop" (money exchanged for chips).  They know that in the long run, they will make an average percentage return, so the more dollars played, the more they make.  The easiest way to increase the handle and drop is top raise the minimum bets.  Of course if this keeps people off the tables, it has the opposite effect, but the pit bosses should know how to manage this.  If they have open tables that are empty, they really need to lower the minimum to get some some action, but as @OCSC Mike said, that $15 minimum may be a corporate policy. 

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4 minutes ago, rudeney said:

I'm far from an expert, but from what I've seen in LV, if there's not much action, they will have fewer tables open and low minimums to entice players to join games.  As the tables get more crowded, they will raise the minimums and then open more tables.  You can walk through the casino at 10pm and all tables will be open with higher minimums.  12 hours later at 10am they will have two tables open with $10 minimums.  Not recently, but a few years back I saw a $5 table one morning at Caesar's.  

 

My blackjack days are long behind me but that's pretty accurate. When I was 21 and didn't have much money, I used to go to the casino in the early AM so I could play $5 BJ b/c, as you said, limits went up as the day went on.

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