I will soon have the chance to cross the Canadian-USA border (heading south) and go to a Reserve Casino. They have a Canadian dollar at par promotion. Get a certain number of points and you can exchange Cdn dollars for Greenbacks at par up to a max of $600 per day.
Here are some of the relevant factors:
- I'm a new player with a good job and this is a fun trip. While I get no joy from losing money, let's categorize this as $1000 training bankroll and expendable under a 35% RoR in the guise of meeting up with some old friends.
- Since this Casino is "out of the way" and caters to buses of the elderly (FYI - not me - older, but not elderly! Hmmm...maybe I should borrow a walker and go deaf as cover?), I am going to assume there are probably $10 tables (need to confirm, obviously, but you guys are awesome at these theoretical questions!)
- Nor do I know how points are calculated yet. Not sure if there are typical systems in use so i may have to get more info to garner valid opinions. But assuming there is nothing else to do do but play, hours should be available.
- Bearing in mind the counting errors I'll certainly make (I'm confident my BS is accurate and I guess flat bet when I lose count) with a narrow spread of say 1 - 5 against a northern border states HE of about .6 it seems to me that this is a positive EV play? Notwithstanding freezing your ass off in the middle of nowhere...
- This would require getting a player card (boo!) but (a) I haven't been to this place in 25 years, (b) I won't be back for another 25 years (if I last that long), (c) my play will likely be unremarkable and low level so not too worried. If - in the unlikely event I am backed off -- I'll brush up on 3 card poker and have a few beers.
What do you think? The bank rate is about $1.30 Cdn to buy $1USD. All else being equal (it isn't...but for argument's sake) is that a $30 win rate off the hop? Maybe $31.50 with the BJ?
Thanks
RG
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