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.

[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

[21forme]

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

True story:
I was sitting at a shoe game at one of my local casinos. Guy is stopped at our table. He asked the dealer, "where are the 6:5 games."
Dealer responded, "Sir, we don't have 6:5 here. 3:2 is better for the player."
He said, "Are you trying to tell me you have better games than Vegas?"

[ZenMaster_Flash]

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

Factoid:

A similar percentage when asked

"Which is bigger: A quarter or a third?"

choose the latter invoking "4 is bigger than 3."

[ummagumma]

Vegas will eventually push their blackjack greed too far and then have to back right off. They've done it before and are headed for it again...

[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.