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Table Games To Crap, Slot or BJ

Discussion in 'Table Games' started by lasvegas_limo_driver, Sep 28, 2013.

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  1. lasvegas_limo_driver

    lasvegas_limo_driver Vegas Guru at Infinity

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    Here is something that was pointed out to me. For you slot players, black jack lovers and craps players. Shows a study on $ lost per hour average with odds and bets.
    Table Game

    Avg. loss per 10 hours


    Slots, dollars

    -$800


    Slots, quarters

    -$360


    Slots, nickels

    -$160


    Roulette, $5/spin

    -$80


    MiniBaccarat, $5/hand

    -$80


    Blackjack, $5/hand

    -$80


    Craps, $10/round
    ($5 Pass, $5 odds)

    -$21


    Assumptions: Slots played 800 spins/hr. Slot returns are average for Las Vegas Strip & Downtown casinos as published in Jan. 2002 Casino Player (94% for quarters and 95% for dollars). MiniBaccarat, Blackjack, and Craps played at 150, 100, and 30 rounds/hr. respectively. Table games played as per crash course strategies listed below. Table shows mathematical expected result, though results obviously will vary due to short-term fluctuation.
     
  2. lasvegas_limo_driver

    lasvegas_limo_driver Vegas Guru at Infinity

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    Game

    Rounds Per Hour (HPH)

    House Edge*

    Expected Loss Per Hour

    Amount you save by playing Table Game instead of Slots


    Slots $0.05, 5 coins
    Slots $0.25, 3 coins
    Slots $1.00, 2 coins

    800

    8.0%
    6.0%
    5.0%

    $16
    $36
    $80

    (n/a)


    Roulette, $5/spin

    30

    5.5%

    $8

    78%


    MiniBaccarat, $5/h.

    150

    1.06%

    $8

    78%


    Blackjack, $5/hand

    100

    1.50%

    $8

    78%


    Craps, $10/round
    ($5 Pass, $5 odds)

    30

    0.85%

    $3

    92%
     
  3. LV_Bound

    LV_Bound VIP Whale

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    Wow only $21 per hour playing Craps????? I must be doing something wrong. :wink2::wink2::wink2:
     
  4. shifter

    shifter Degenerate Gambler

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    no way you can get 150 hands per hour at Bacc, even mini. 80 per hour is good for mini, 45-50 per hour max for midi.
     
  5. lasvegas_limo_driver

    lasvegas_limo_driver Vegas Guru at Infinity

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    I don't know, I only play craps. It's a study that was done. The % match up with gaming commission
     
  6. Electroguy563

    Electroguy563 Over-Fried Gambler

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    Shit........me too! :thumbsup::beer:
     
    Going to Hawaii's 9th Island!!
    Going to Hawaii's 9th island!!
  7. lasvegas_limo_driver

    lasvegas_limo_driver Vegas Guru at Infinity

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    Its a ten hour study. It says that people lose $21 an hour. If you watch how many ppl play $100 for 3 rolls and out compared to the guy playing for 3 hrs, the numbers don't seem off. I'm way ahead of the curve
     
  8. jrinct1

    jrinct1 VIP Whale

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    Being a craps player as I am unless you are VERY structured and NON superstitious you can and will lose a LOT MORE. TRUST me I speak from experience.
     
  9. tringlomane

    tringlomane STP Addicted Beer Snob

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    Craps is assuming $5 pass with 1X odds only. I am one of the few players on earth that actually play craps this way. Not surprisingly, I'm bored out of my mind and rarely play craps as a result.
     
  10. jrinct1

    jrinct1 VIP Whale

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    But the swings are less (MUCH LESS) than more than 1x odds, place umbers ( or going through the come.....etc depending on how much $$ or how aggressive ya are.). And a choppy table just kills everyone whether ya play right or from the dark side.
     
  11. WrongWayWade

    WrongWayWade VIP Whale

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    Blackjack, $5/hand

    100
    1.50%
    $8

    100 hands per hour if you're playing heads-up, but with any reasonably filled table it's more like 60-80. And you have to play pretty poorly to give up 1.5%. Anyone getting basic strategy right 95% of the time should only give up 1/2 of that or less. So:
    $5 * 80 * .75 = $3/hour expected loss, or $2/hour with perfect BS.
     
  12. DoubleUp

    DoubleUp Low-Roller

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    Can you link to the study?
     
  13. Kickin

    Kickin Flea

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    How could it be a "study"? :evillaugh

    It's just basic arithmetic calculating theo you can do in your head. And in fact, as others have pointed out, they even got some of their assumptions wrong.
     
  14. tringlomane

    tringlomane STP Addicted Beer Snob

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    http://vegasclick.com/games/crash.html

    The craps loss is actually $2.10/hr or $21 per 10 hours according to the site. I point that out because that has been confused by other posters. But this person doing the comparison linked above assumes you will only make a $5 pass line bet on come out rolls only (30 come-out rolls per hour he estimates; I have no idea how accurate that is...probably is close.) $5 x 0.0141 x 30rolls/hr = $2.115/hr But as I said before, betting only $5 on the passline (with odds) is very difficult for most craps players to do. I do it, and I get bored pretty fast.
     
  15. lasvegas_limo_driver

    lasvegas_limo_driver Vegas Guru at Infinity

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    Thanks for posting it up. This is averages . It's was clearly labeled and still people dispute the info. I'm a more aggressive better on craps than that. All this was supposed to do was show people that play machines the difference compared to table games.

    You can't accurately judge play, play rate, odds nor table minimums in the play comparisons.
     
  16. DoubleUp

    DoubleUp Low-Roller

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    Indeed, I was just using the OP's terminology "study". But now that someone posted the link, I have indeed seen this before. I think i would do the calculation a different way, but I certainly agree with the conclusion!

    PS: I have done the calculation my way, posted here:

    http://rationalpursuit.com/wp/gambling/table-of-games/

    This is a site i created for my own use, so not real well explained, but that's how I compare these games.

    Cheers!
     
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