View Full Version : Bethedealer casino- Is being the dealer +EV?
136913691369
08-22-2006, 08:52 PM
I don't know if I should've posted in this forum or the math forum, move it if it doesn't belong. I remember hearing conflicting statements about whether or not being the dealer was +EV or
not. Can some one mathematically show me the EV of different "types" of BJ players.
The house takes a 1.75% commision off all dealer wins.
What is the EV...
1) gambler who is playing perfect BS (.5% HA)
2) gambler who plays near BS (1% HA)
3) from what I hear, the average BJ player (2% HA)
4) gambler on monkey tilt (around 5% HA)
kiddj
08-22-2006, 09:19 PM
No, it isn't. The house takes a % of your "dealer" wins, which (I think) was significantly greater than your "house" advantage.
Wilco666
08-22-2006, 09:22 PM
On some games it is slightly +EV. Just compare the HA to the commission.
BJ depends on how bad your opponents play.
JWvonGoethe
08-22-2006, 10:42 PM
You also have to take into account the fact that in order to be the dealer you first have to play as the player in -EV games.
Ken_AA
08-22-2006, 11:12 PM
[ QUOTE ]
You also have to take into account the fact that in order to be the dealer you first have to play as the player in -EV games.
[/ QUOTE ]
You get dealer points while clearing the +EV bonus.
Ken
cgwahl
08-22-2006, 11:51 PM
When I'm bored I like to watch people play blackjack on InterCasino. Or should I say lose money playing blackjack on InterCasino (I'm the same way at casinos, I like to watch people lose money; wierd that way I guess).
And although my sample size is small, barring the occasional player they all play their own way...which is pretty much wrong.
Sometimes they'll split tens, double done a hard 13. Hit 11. Stand on 15 when dealer is showing a ten. Hit 15 when dealer is showing a 4.
Heck I watched this one guy drop $20,000 betting $100 to $500 a hand in 15 minutes.
If the people on bethedealer are like the players on InterCasino, I would think its definately +EV. Although, it will suck if the guy playing against you has a good run.
Wilco666
08-23-2006, 03:42 AM
I have seen a lot of bad BJ play at some internet casinos, but when I was playing as the dealer at BTD, about 70% of my opponents were playing perfect basic strategy. My sample size is pretty small, though.
thomasperfecto
08-23-2006, 07:33 AM
Anyone know how much much the commission is so we can conclude some facts?
136913691369
08-23-2006, 10:35 AM
[ QUOTE ]
Anyone know how much much the commission is so we can conclude some facts?
[/ QUOTE ]
I stated it in the OP (1.75%).
No offense to anyone in this thread, but still no one has proved mathematically whether or not it is +EV. I'm sure it is -EV if someone is playing perfect BS and im also quite sure that it is very +EV if the person is playing at a 5% HA. What I really want to know is, at what HA does it become +EV and to see that someone is gonna have to use math.
thomasperfecto
08-23-2006, 01:29 PM
[ QUOTE ]
[ QUOTE ]
Anyone know how much much the commission is so we can conclude some facts?
[/ QUOTE ]
I stated it in the OP (1.75%).
No offense to anyone in this thread, but still no one has proved mathematically whether or not it is +EV. I'm sure it is -EV if someone is playing perfect BS and im also quite sure that it is very +EV if the person is playing at a 5% HA. What I really want to know is, at what HA does it become +EV and to see that someone is gonna have to use math.
[/ QUOTE ]
Sorry I don't know how I missed that.
In that case it is +EV
If someone plays 1000 hands of $1 each then you as dealer would expect to receive roughly $5. The house would then charge you 1.75% and so your net gain should be roughly $4.91
BobJoeJim
08-23-2006, 01:44 PM
I believe the 1.75% is taken out of each hand you win, but that you eat the entire loss on each hand the player wins. If they just took a small percentage of your net profit, then it would obviously be +EV...
BobJoeJim
08-23-2006, 01:49 PM
As for the math, it's hard to say exactly what EV the player needs to have to make it +EV for the dealer, since depending on how the player deviates from BS the ratios of dealer wins to player wins to blackjacks to double/split wins will vary, and those are the numbers the math would be based off of.
I think...
Wilco666
08-23-2006, 02:21 PM
Most non-BJ games are slightly +EV, except Baccarat.
JPT III
08-23-2006, 02:45 PM
[ QUOTE ]
Most non-BJ games are slightly +EV, except Baccarat.
[/ QUOTE ]
You obviously mean from the dealer's perspective, after the commission, right?
What games can one elect to deal? Also, is the commission different depending on the game? If it's a steady 1.75%, roulette would clearly be +EV even if deducted from every hand, since roulette has an EV lower than -1.75% for the player.
Wilco666
08-23-2006, 03:04 PM
[ QUOTE ]
[ QUOTE ]
Most non-BJ games are slightly +EV, except Baccarat.
[/ QUOTE ]
You obviously mean from the dealer's perspective, after the commission, right?
[/ QUOTE ]
Yes.
If I remember correctly, commission on VP is slightly higher. It's all on their website.
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