Casinos,
Ray, are not in the gambling business. They are
in the
math-and-time business. Casino operators know
that, even considering a
halfway decent blackjack player, the longer his
keister is in their
seats, the higher their hold will climb.
Allow
me to clarify. Most blackjack players give up
5% of their wager
to the house based on their shoddy play. (The
house has a 5% advantage
against the “average” blackjack player.
Incredibly, less than 1% of all
BJ players employ perfect
basic strategy.) Consequently, after 20
hands, based on perpetual play, they should mathematically
have $95
remaining. But the average player stays stuck
to the stool, so with
their remaining $95, slowly but surely, they fatten
up their losses,
giving the house a higher hold than the actual
casino edge on the game.
Multiply
that, Ray, by 24 hours a day play, grinding away
at squatters
on hundreds of blackjack tables across Mississippi,
and 14.58% doesn’t
really seem all that high. The only one gambling
here is the blackjack
player, not the casino.
The
only way you, the gambler, can avoid getting caught
in this grind
is to shorten your gambling timeline. Casino operators
know all too
well that such cautious behavior has negative
implications on the
casino’s hold. They would much prefer to
see you crazy glued to a stool
and anteing-up casino chips all day long.
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Columns By Mark Pilarski
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