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  #1  
Old 01-26-2007, 12:41 AM
josh_x josh_x is offline
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Join Date: Sep 2005
Posts: 703
Default Australia Day PP Blackjack 2-1 instead of 3-2

Hey,

So i get this email:

We've got a special promotion for our Aussie players: We're paying out at 2:1 rather than 3:2 on the first 500 natural blackjacks hit this Australia Day.

Now i know nothing about blackjack, but this has gotta make it +ev to play right? Can anyone explain to me what this means? Normally if you get dealt a blackjack on a $10 hand you get $15 (for $5 profit), but today you will get $20, is that what it means? And what exactly is a natural blackjack?

If it's +ev, how much would you estimate the edge is, and therefore how much of my bankroll should i risk playing? Also regarding basic strategy, what are those charts that you can get on the internet like? The one's that tell you to hit if you have x with dealers y showing etc, are they optimal (without delving into card counting etc)?

Thanks for any help,
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  #2  
Old 01-26-2007, 04:05 AM
Balut Balut is offline
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Join Date: Nov 2006
Location: Australia
Posts: 40
Default Re: Australia Day PP Blackjack 2-1 instead of 3-2

Hey Josh,

I dont know too much about the +ev but I can tell you if you placed a $10 bet you would get back $25 ($15 profit). With this promotion, your same $10 bet would yeild a return of $30 or $20 profit.

Just thought I should clear that up.
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  #3  
Old 01-26-2007, 04:48 AM
ninenine_zoe ninenine_zoe is offline
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Join Date: Mar 2006
Posts: 658
Default Re: Australia Day PP Blackjack 2-1 instead of 3-2

Blackjacks pay 2 to 1 adds +2.27% of EV to whatever the house advantage was.
woo
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  #4  
Old 01-26-2007, 05:18 AM
josh_x josh_x is offline
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Join Date: Sep 2005
Posts: 703
Default Re: Australia Day PP Blackjack 2-1 instead of 3-2

Thanks guys, sounds like i should play right? I'll post results later.
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  #5  
Old 01-26-2007, 01:34 PM
MAYHEM45 MAYHEM45 is offline
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Posts: 101
Default Re: Australia Day PP Blackjack 2-1 instead of 3-2

Guarantee that those 500 BJs hit all in the first minute of the promo.
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  #6  
Old 01-26-2007, 03:46 PM
_TKO_ _TKO_ is offline
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Join Date: Jul 2005
Location: Toronto, Ontario, Canada
Posts: 6,160
Default Re: Australia Day PP Blackjack 2-1 instead of 3-2

[ QUOTE ]
Guarantee that those 500 BJs hit all in the first minute of the promo.

[/ QUOTE ]

Maxbet for one minute straight.
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