The story, in context
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A casino that pays 6:5 for blackjack has three times a bigger advantage over the player than a casino that plays 3:2 for the same. Quite understandably, blackjack players do not like that.
Blackjack players who are playing at casinos offering 3:2 have a slight edge over the house. However, it is important for blackjack players to understand that their advantage over the house depends entirely on their skills and level of expertise.
Most blackjack players avoid casinos that pay 6:5 for blackjack, but these are players anxious to make some money. Recreational blackjack players, who play for fun alone, hardly care about matters such as house advantage.
Casinos paying 6:5 for blackjack have an extra advantage of 1.5 percent over their customers, which means that it greatly builds up casino revenue at the cost of players. This is the reason casinos offer 6:5 blackjack games.
One of the simplest strategies for blackjack players, who want to make some money, is play 3:2 blackjack only. Whenever players play 6:5 blackjack games, they are literally giving away 1.5 percent of their wagers to the house. If players must play 6:5 blackjack games, they can cut their losses by implementing proper bankroll management techniques.
What has changed since this story was published?
