Casinos see raising table limits as economic common
sense
Dear Mark,
Last weekend, on three separate occasions, the pit boss raised
the table limits higher while I was playing. It went from
$5 to $10, then all the way up to $25. Why do they do that?
Rick D.
Given where your question came from, Joliot, my guess
is that you were playing on the green felt flotillas on
the river. From the casino's point of view, not mine, it
makes fiscal sense to raise the limits when the boat is
full of captured customers willing to surrender to higher
table limits. They figure, Rick, you won't swim to shore.
Here in Nevada, many casinos have the policy of raising
the table limits for new players only. Your $5 play would
have been grandfathered in.
Dear Mark,
Recently I hit a jackpot for $1,200 on a 25¢ slot machine.
The casino was not going to pay me until I provided them with
my drivers license and social security number. I only complied
because I wanted my winnings. Was there any way around this?
Stan G.
Not really, Stan. Casinos are required to report to the
IRS any slot jackpot of $1,200 or more. Because you played
at the quarter level, your best bet would have been finding
a machine that had a jackpot of $1,199-one dollar below
the amount at which casinos are forced to take identification.
Some exist on the boats in the midwest.
Dear Mark,
What is the house edge in Caribbean Stud and what are my chances
of being dealt a natural royal flush, straight flush, four
of a kind, full house and a flush? Dan H.
The game Caribbean Stud carries a 5.6 percent house edge.
The odds of hitting a royal flush are approximately 650,000-1,
70,000-1 against a straight flush and 4,000-1 against a
four of a kind, 700-1 against a full house and 500-1 against
a flush.
Dear Mark,
Are casino owners ever afraid of system players? Mark J.
Gamblers believe in systems, the casinos believe in the
mathematics of the games. Most, if not all, casino owners
would be willing to give away the house-room, food and beverage-to
any system player willing to wager big bucks.
Dear Mark,
In a previous column you mentioned that you didn't like Multi-Action
blackjack, but you failed to give an explanation. How about
one? Dawn G.
Why? Because Multi-Action multiplies the urge for most
players to misplay their hands.
Far too many players employ a never-bust strategy because
they are afraid of losing all three bets at once.
They stand on a 12 regardless of the dealer up-card. They
wish, hope and pray the dealer will bust on one or more
hands. This can be a bankroll-killer. At a $5 minimum table,
if you are not willing to risk $15 on a hit/stand decision,
you should not be playing Multi-Action.
Secondly, you blackjack bankroll has to be higher. Five
dollar players have to make $15 worth of bets. A few triple
losses and you're in the keno lounge begging for free drinks.
Finally, many times the house rules of Multi-Action are
inferior to that of regular blackjack. An example of this
would be not being able to double down after splits on a
Multi-Action game.
You work hard for your money, Dawn. Why give the casino
any extra edge?
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