Blackjack "Hold" for Las Vegas recent years.

[ZenMaster_Flash]

What is interesting to me is that the "hold" on ALL BJ's
tables in LV is essentially unchanged in spite of the poor
quality of tables being passed off as actual BJ Tables.

http://gaming.unlv.edu/reports/nv_ta...m_medium=email

[ShipTheCookies]

Don't confuse Hold with House Edge

[DSchles]

Don't confuse Hold with House Edge

He's not. He's stating that, DESPITE the increased house edge, the hold hasn't increased. And, among other things, this can be because people play to a budget, and just because they now lose their money faster doesn't mean that they're willing to lose more of it!

Don

[mofungoo]

The hold increases when people stay longer at the tables. The 6:5 games are drying up peoples' money more quickly.

[ZenMaster_Flash]

"The hold increases when people stay longer at the tables."

That makes little sense to me.

[mofungoo]

That makes little sense to me.

Think a bit and the answer may come to you.

[ZenMaster_Flash]

"Think a bit and the answer may come to you."

Since I am not up to the task of "think(ing) a bit",
I trust that you will leap to the fore and edify me.
One of us is (probably) right and one of us is not.
I am thick-skinned. Please reply.

[mofungoo]

Since I am not up to the task of "think(ing) a bit",
I trust that you will leap to the fore and edify me.
One of us is (probably) right and one of us is not.
I am thick-skinned. Please reply.

http://www.urbino.net/v1/pages/ar7_3.htm

The longer one plays the greater the chance that the house advantage will manifest itself. Games that take the money too fast will cause the players to leave before they go broke.

[Bubbles]

The hold increases when people stay longer at the tables

That makes little sense to me.

If people stayed the same time at the tables as they did before, the hold would be greater. They are staying a shorter time at the tables causing the hold to be the same. The casinos fail to understand ploppies come with the intention of losing a certain amount of money. That amount will not increase if you take their money faster.

[Freightman]

If people stayed the same time at the tables as they did before, the hold would be greater. They are staying a shorter time at the tables causing the hold to be the same. The casinos fail to understand ploppies come with the intention of losing a certain amount of money. That amount will not increase if you take their money faster.

Not only that, they have to realize that ploppies have to have the expectation, knowing they are going to lose, to get the biggest bang for their buck. Taking their money faster tells ploppies that they are not getting the biggest bang - therefore theiepr entertainment dollar is going elsewhere next time. Thanks

[Stealth]

The increased house edge is taking their budget faster but the hold is also indicative of fewer players. Strip traffic is up and the hold is not. The UNLV website has a report on the number of tables which also shows a declining availability. The reduced hold is a function of several factors including the ones mentioned here.

The "idiots", disrespect intended, have not figured out that if you want more hold, make the game more playable don't damage the game by taking more of their money. Their comprehension of marketing concepts is atrocious. They believe all these people will keep playing, so just take their money faster.

[RS]

Call me crazy, but it doesn't seem like 6:5 would have a significant impact on taking people's money faster such that they quit significantly quicker. They are already playing poorly. 6:5 adds what, about 1.4% HE? What do you think the average ploppy's -EV is on a 3:2 game? Say the HE is 0.5%, but he's probably playing at what, a 2-3% loss? Add in 6:5 and it goes to 3.4-4.4% loss. Then remember, there's variance (duh), so it's not like the ploppy can see for himself that he's losing much more on 6:5 than 3:2.

[SpikeBJ]

1/3 of Americans probably think 6/5 is better than 3/2