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'Wizard' predicts state will tighten blackjack rules
By Mark Gruetze, PITTSBURGH TRIBUNE-REVIEW
Friday, November 19, 2010
Blackjack players in Pennsylvania should enjoy a good game while they can, says the gambling statistician known as the Wizard of Odds.
"I applaud Pennsylvania for giving the players good blackjack rules," Michael "The Wizard" Shackleford said last week from Las Vegas. "I would anticipate that the rules are going to get worse. In markets where there's not a lot of competition, you tend to see lousy rules."
Pennsylvania launched table games in July with several player-friendly rules, including a stipulation that player blackjacks be paid 3-to-2 ($15 for a $10 bet) rather than the 6-to-5 rate ($12 for a $10 bet) that has wormed its way into other jurisdictions. Other rules that limit the house advantage for the state's 10 casinos include requiring the dealer to stand on soft 17 (Ace-6) and permitting "surrender," in which players may give up their hand in return for losing only half their bet.
According to the "blackjack house edge calculator" at Shackleford's WizardOfOdds.com, Pennsylvania's rules reduce the casino advantage to less than 0.4 percent for a player adhering to basic strategy.
As the Gaming Control Board considered rules this spring, industry representatives asked for the option of 6-to-5 payouts and hitting on soft 17. Kevin O'Toole, the board's executive director, said in June that the blackjack rules could be reviewed after a few months. He declined comment this week about potential changes.
Shackleford predicted casinos will press for the option of hitting soft 17 and paying 6-to-5 on naturals. Those two rules have the greatest impact on house advantage in six- and eight-deck games.
MORE- http://www.pittsburghlive.com/x/pittsburghtrib/ae/s_710165.html
By Mark Gruetze, PITTSBURGH TRIBUNE-REVIEW
Friday, November 19, 2010
Blackjack players in Pennsylvania should enjoy a good game while they can, says the gambling statistician known as the Wizard of Odds.
"I applaud Pennsylvania for giving the players good blackjack rules," Michael "The Wizard" Shackleford said last week from Las Vegas. "I would anticipate that the rules are going to get worse. In markets where there's not a lot of competition, you tend to see lousy rules."
Pennsylvania launched table games in July with several player-friendly rules, including a stipulation that player blackjacks be paid 3-to-2 ($15 for a $10 bet) rather than the 6-to-5 rate ($12 for a $10 bet) that has wormed its way into other jurisdictions. Other rules that limit the house advantage for the state's 10 casinos include requiring the dealer to stand on soft 17 (Ace-6) and permitting "surrender," in which players may give up their hand in return for losing only half their bet.
According to the "blackjack house edge calculator" at Shackleford's WizardOfOdds.com, Pennsylvania's rules reduce the casino advantage to less than 0.4 percent for a player adhering to basic strategy.
As the Gaming Control Board considered rules this spring, industry representatives asked for the option of 6-to-5 payouts and hitting on soft 17. Kevin O'Toole, the board's executive director, said in June that the blackjack rules could be reviewed after a few months. He declined comment this week about potential changes.
Shackleford predicted casinos will press for the option of hitting soft 17 and paying 6-to-5 on naturals. Those two rules have the greatest impact on house advantage in six- and eight-deck games.
MORE- http://www.pittsburghlive.com/x/pittsburghtrib/ae/s_710165.html