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Table Games Any insights on Hooters $1 Blackjack?

Discussion in 'Table Games' started by notfromconcentrate, May 23, 2017.

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  1. notfromconcentrate

    notfromconcentrate Connoisseur of dive casinos and obnoxious outfits

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    I've seen this a couple of times on their Instagram. I know they've had a $3 game with terrible odds for some time. Looks like they're offering a $1 game now. Any insights on what the deal is here? (rules, how many tables, etc.?)

    [​IMG]
     
  2. mescalita

    mescalita old and in the way...

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    Even money on blackjacks - 'nuf said......
     
  3. 93 Octane

    93 Octane Chief bottle washer

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    It's a buck who cares what the rules are:D

    $1 a hand for even money? Sign me up:lock:
     
  4. notfromconcentrate

    notfromconcentrate Connoisseur of dive casinos and obnoxious outfits

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    Assuming a CSM with 8 decks, H17, DoA, nDAS, nRSA, no surrender, no resplitting, and 1:1 blackjack payout, the house edge per wager comes to 2.75%.

    Compare that to a standard $5 Boyd game downtown (pitch dealt 2 decks, H17, DoA, nDAS, nRSA, no surrender, resplit to 4 hands, and 3:2 blackjack payout), and the house edge per wager is 0.53%.

    Your $1 wager at Hooters will cost $0.0275 in house edge, whereas your $5 wager at Cal/MSS/Fremont will cost $0.0265 in house edge.

    The expected dollar value loss of a $5 wager here is actually lower than the expected loss of a $1 wager, under the lousy rules.

    Of course, your "grand plan" strategy is what dictates the real value here. If you can play on a 20-unit buy-in ($20 at Hooters, $100 at Cal/MSS/Fremont) for, say, 30 minutes, and get two comped drinks out of it, you're getting the exact same net value in either case. The difference is your maximum loss at Hooters is $20, whereas you can burn through that same $20 on two losing $5 double-downs at Cal/MSS/Fremont.

    The math would suggest it's a horrible game to play. But considering all elements involved, it may not be so bad, if drink service is passable.
     
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  5. topcard

    topcard Re-Open Vegas!

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    ...if getting comped drinks & just killing time is the objective, then that $1 even-money game is good way to go... if they don't comp drinks at that table, or the service is unusually slow, then no.
    As an aside, the dealers there must hate that table... tips are probably minimal-to-non existent.
     
  6. notfromconcentrate

    notfromconcentrate Connoisseur of dive casinos and obnoxious outfits

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    Is that common? Or even a realistic thing to happen? I expect that service would be rather slow (just like at the $1 roulette table at El Cortez). But do some Vegas casinos do away with free drinks altogether at certain tables, based on perceived profitability?
     
  7. alanleroy

    alanleroy Click my avatar

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    AEV...Alcohol Expected Value is an important factor often left out of these calculations!
     
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  8. Terry Benedict

    Terry Benedict VIP Whale

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    Math, EV, probability, blah, blah ,blah. An ALMOST $.03 house edge? Hooters players don't care. They just want their PBR in their room.
    People don't play $1 blackjack to make money. It's a low pressure, non-intimidating game in a low pressure, non-intimidating casino. A good place to put your toe in the water in Vegas. An easier time for new players than $15 in the center of MGM or Cosmo.

    Good luck, remember the goal is to get hammered before your twenty bucks runs out. (Tip the waitress a buck a drink.)
     
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  9. aggie182

    aggie182 Off Key and Out of Tune

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    Isn't the $1 game there electronic?
     
  10. LV_Bound

    LV_Bound VIP Whale

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    Usually any BJ table $5 and less is only 1 table and has a waiting line to play.
     
  11. vegasvic

    vegasvic VIP Whale

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    I'd die of boredom playing a buck a hand.
     
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  12. Funstuie

    Funstuie Low-Roller

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    I would love to have money to burn and sit at that table and play $50 a hand. I mean money to burn so I don't give a shit about the shitty odds.

    I'm contrary and an asshole.
     
  13. whitefox

    whitefox Low-Roller

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    Someone recently told me the casino said no comped drinks are offered at the $1 table.
     
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