Blackjack has always offered a great value in the casino
for anyone willing to learn basic strategy. Without card counting, a
player that uses an accurate basic strategy at the table can play games
at most casinos with substantially under half a percent house edge. Even
the worst rules and conditions rarely exceed a house edge of 0.8%.
If
you are a recreational player, you can consistently overcome that small
edge with the value you receive from comps of free rooms and food. Why is it possible to get back more in comp value than your actual expected loss?
The
reason is simple… Most players do not play accurate basic strategy.
They play the game badly. As a result, the typical player loses
substantially more than a fraction of a percent of their action, and the
comps given to blackjack players reflect this higher theoretical loss.
Of
course casinos know that basic strategy players lose a lot less than
the average player, and they supposedly have a way of dealing with this
problem. But, fortunately, their solution just doesn’t work…
When
you sit down at a table and hand over your player card, the pit
personnel will write down the length of time you play, and the size of
your average bet. What you may not know is that most casinos also have a
notation for how strong a player you are. Generally the rating cards
will have spots to mark your ability as “Superior”, “Average”, or
“Poor”. If you are a solid basic strategy player, and the pit is doing
their job, they should be marking you as “Superior”, meaning that your
play has very low expected losses. This would negatively impact the
comps that will be extended to you, because your theoretical loss will
be very small. This system is intended to keep basic strategy players
from getting more back in comps than they will lose at blackjack.
So, why is a basic strategy player still able to beat the system at virtually all casinos? Pit bosses mark almost every player as Average in skill.
During a session at the recent G2E gaming conference, the moderator
quoted a study that was done of 2 million player ratings. Of all those
rating cards, only six were marked as “Poor” players. That’s easy
enough to understand, because if a player were ever to accidentally
learn that they were rated as a poor player, they would likely be
offended. And poor players are the bread and butter of the casino.
What’s more surprising is that of those same 2 million ratings, only a
handful were rated as Superior. More than 99.9% of the ratings were
“Average”.
So how do you exploit this casino loophole?
- Play accurate basic strategy. (If you aren’t sure of the exact strategy for your game, see our Strategy Engine).
- Inflate your rating by timing your bigger bets to be on the table while the floor person is watching.
- When you leave the table, ask about your average bet rating. When confronted, the floorperson will often fudge on the side of higher bets.
- Most importantly, make sure you get all the comps you have earned. Ask!
I
still have a couple of topics that came from the gaming conference,
including the comments on RFID chips that I said would be in this post.
That’s coming next.
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