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Cadillac Jack’s Gaming Resort has proposed that Deadwood casinos must be permitted to change the payout structure for single-deck blackjack from 3 – 2 to 6 – 5 for a blackjack. This will increase the present house edge eight times for single-deck blackjack games.
According to Bill Zender, a consultant, author, and casino gaming expert based in Las Vegas, single-deck blackjack players will immediately notice the difference. For instance, players who wager $50 and get blackjack will receive a prize of $60 instead of the usual $75.
Players are likely to protest if Deadwood casinos introduce the 6 – 5 payout structure. Players do not mind low payouts in the gambling hotspots of Las Vegas, where they are surrounded by attractive men and women and a wide choice of entertainment.
Deadwood casinos suggested this change because of the 5% drop in their 2011 profits as compared to last year. Casino operators blame the fall in profit to the ban on smoking imposed all over the state. The lawmakers had made up to the casinos by approving a maximum bet hike from $100 to $1000, as a result of which table game profits in casinos jumped by 20% this July. Blackjack revenue, in particular, shot up by 15%.
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