#1
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Can You make money playing online blackjack?
I was reading about this three 7 of spades Blackjack bonus put out by some casinos mentioned in *link removed*.
Here's the deal. If you get three 7 of spades, they give you $5,000 (and you win the hand). I know that Blackjack usually has pretty good payouts. My question is this... Does this three 7 of spades push the payout into the promised land (over 100%)? Odds of getting three 7 of spades: 1/(52 x 52 x 52) = 7e-6 (yup, pretty small) Payout: $5,000 Payout per hand: = payout x chance of getting payout = $5,000 x 7e-6 = 0.035 dollars = 3.5 cents. This doesn't sound like much, but if you play 25 cent hands, it increases the payout by 14%! This means that the payout becomes over 100% and if you play long enough, you'll come out ahead. I thought that strategy charts push the payout of blackjack to around 95-98%. Based on my math, the casino should give you payouts of around 105%??? What do you think? Does this seem correct? |
#2
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Re: Can You make money playing online blackjack?
[ QUOTE ]
What do you think? Does this seem correct? [/ QUOTE ] This is a lot like playing B&M progressives after you've established the probability and hold. In slots, you have to man the machine 24/7, and it's still a crap shoot. In BJ there's the adavantage that the JP doesn't disappear -- then there's the disadvantage you may never be paid. Many online casinos are rated by conformance to random models -- and I don't think anybody has a sample large enough to determine if the outcome you describe is being supressed. Personally, I would discount the JP (to about zero) in a decision to play. |
#3
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Re: Can You make money playing online blackjack?
Boss Media has a BJ game with something like a 0.1% player edge. So if you have a 500 unit BR and play full time, forty hours a week at a decent rate, you can double your bankroll in a year.
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#4
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Re: Can You make money playing online blackjack?
dont forget they most likely use 6 or 8 decks not just one. And most sites have at least a 1$ min. wager so .25$ cant be done
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#5
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Re: Can You make money playing online blackjack?
Odds are a lot smaller than that as the early cards are not in the deck anymore.
Assuming 6-deck it's 6/312 * 5/311 * 4/310 coming to 2 cents per hand. It does make it +EV assuming min betsize of $1, but variance is huge. Easier (and more profitable) to just casinowhore. |
#6
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Re: Can You make money playing online blackjack?
[ QUOTE ]
dont forget they most likely use 6 or 8 decks not just one. And most sites have at least a 1$ min. wager so .25$ cant be done [/ QUOTE ] If they use one or two decks, the probability of getting 3 7[img]/images/graemlins/spade.gif[/img] is exactly zero. |
#7
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Re: Can You make money playing online blackjack?
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Here's the deal. If you get three 7 of spades, they give you $5,000 (and you win the hand). [/ QUOTE ] Nitpick: You win or push the hand. The dealer can get 21 too. If the game is played no hole card, the dealer could beat you with a blackjack. |
#8
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Re: Can You make money playing online blackjack?
[img]/images/graemlins/wink.gif[/img]
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#9
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Re: Can You make money playing online blackjack?
You win or push the hand. The dealer can get 21 too. If the game is played no hole card, the dealer could beat you with a blackjack.
Man, that would suck! So we're saying that the odds aren't over 100% then? I guess they might use a very large (or infinite) number of decks... Then my math would be right. But let me guess, the chances of that are probably small...Agreed? |
#10
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Re: Can You make money playing online blackjack?
Why would anyone play to have a .1% edge? I'd stick to poker if I were you. It may be profitable, but it could be a huge investment if it doesn't work.
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