additional bet equaling
twice your ante ($10). Otherwise, you fold and lose
your original $5. All that remains is beating the
dealer’s hand and you win! Well, not so fast
my friend.
If the dealer doesn’t
have at least a king plus an ace to open, all you
win is even money on your $5 ante wager. True, there
is a bonus payout schedule for hands ranging from
one pair to a royal flush when the dealer’s
hand is in play, but when I’ve got 15 buckaroos
on the table at risk, I want a $15 payoff if the
dealer is forced to fold. There, Donald, is your
downside.
As for its popularity,
Donald, no argument from me that Caribbean Stud
is one of the fastest growing table games today.
Many players believe the attractive payback percentage
and the added thrill of a progressive jackpot is
just too hard to resist. But smart gamblers—those
who stick with wagers that have less than a 2% house
advantage—realize the house wins two ways:
off the basic game percentage (5.3%) and as a percentage
return (48%) of the popular progressive bet.
Dear Mark,
I really enjoy your column on the internet, but
I have yet to see a discussion on two new table
games on the floor: Let it Ride and Caribbean Stud
Poker. Obviously, if they have a house advantage
above your recommended two percent, I’m not
interested. So exactly how high is the house edge
on these new games? Dan C.
First, Dan, I must
commend you for being the rare breed of gambler
who looks at the casino advantage before making
a wager.
The house edge for Let it Ride is 3.5% and 5.3%
for Caribbean Stud Poker.
As for the progressive bonus side bets, the house
advantage is 46 an 48 percent respectively.
Good
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