The odds of Winning/Losing the hand itself do not change by tipping.
Part of that built in house edge on the game itself is also based on an even money payout, "except for a player blackjack" if by tipping even if it is voluntary the player is no longer receiving himself an even money payout if he is giving some of it away. In effect changing his own odds on the game. Very relevant for a straight counting blackjack player as the EV edges are very small, to begin with.
Last edited by BoSox; 12-01-2020 at 12:04 PM.
If you are playing 40 hands an hour at 1K per hand that's a 40K per hour wager. The house edge is at least 1.06% or $426 an hour. If you are tipping $50 an hour then you are giving up 1.185% or $474 an hour. And it doesn't matter if you only tip when you are winning. It's what your overall average tip per hour is.
If you play 100 hands at a 1K bet and win 50 hands but tip off 1K then you are down 1K.
"More importantly, mickey thought 8-4 was two games over .500. Argued about it. C'mon, man. Nothing can top that for math expertise. If GWAE ever has you on again, you can be sure I'll be calling in with that gem.'Nuff said." REDIETZ
Last edited by BoSox; 12-01-2020 at 12:34 PM.
I tip only when I win, or as I am winning. And I tip all the time. And again, I tip via side bets for the dealers only so if I don't win that hand the dealer gets nada. Every trip the dealers get a LOT from me, and I don't mind or care it's all in the scheme of the win. I have my short term and trip long goals, and I achieve them, notwithstanding the tips. This is a mentality that some may not grasp.
When I really think about it, yes the dealers get a lot of tips from me, but then so does everyone else. When we were leaving that third resort we had so much stuff we had one bellman to bring down the stuff from the suite, and another to pull the stuff from their "storage" that I had locked up earlier in the trip. At first I was going to hand each one fifteen but then I thought no, if there were just one bellman on check out day I would hand him twenty five, so I ended up compromising and handing each bellman twenty.
And then every time the waitress brings me a water or tea or whatever, five bucks no less. I typically have them replenish my non-alcoholic drink every time it gets half way down, so that's a lot of five dollar bills.
VIP attendants in the VIP rooms, five bucks each time they bring me something. Car valet gets five bucks a pop too.
If I'm staying at a casino resort it's not the real world as money is flying in to me from the tables, so who cares if I tip out a hundred or so a day in cash. I can't really compare it to a trip to Vienna or whatever as it's a casino trip not a regular vacation. As long as I end up net positive I condone the fact that others will benefit from my good fortune.
If you're too careful, your whole life can become a fuckin' grind.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
MDawg Adventures carry on at: https://www.truepassage.com/forums/f.../46-IPlayVegas
If you leave the casino with less money than when you arrived there you are down regardless if it was a gaming loss or from the cost of doing business. An exception is the small percentage of people who just go to the casino for entertainment purposes who really can afford the price, and not overextend themselves financially.
The bottom line is you leave the casino with less money than you went in with. That's losing in my book. Perhaps you've never heard the old joke by....I think it was Julian Braun:
What's the difference between a professional blackjack player and a canoe?
A canoe tips.
Pro blackjack players play a pretty thin edge so most don't tip. Or at least they say they don't. Even modest tipping can tip your whole hourly rate away.
In baccarat you are giving up at least 1% in the game so tipping hurts you even more. Yeah, sure it doesn't effect the edge in the game....but it does effect your bottom line. If you tip you will leave the casino with less money than if you not tipped.
"More importantly, mickey thought 8-4 was two games over .500. Argued about it. C'mon, man. Nothing can top that for math expertise. If GWAE ever has you on again, you can be sure I'll be calling in with that gem.'Nuff said." REDIETZ
There are plenty of new AP players starting out with small to questionable bankrolls, who count every single dollar spent while out on the road in search of their dream. So the cost of all the incidentals etc does play a major factor in success or failure in the endeavor.
Did anyone tell you that you've got a mean streak in you? Whatever the reason it's very unbecoming and getting old and completely unnecessary.
Originally Posted by BoSox View Post
You need to learn how to read and reason you, stupid idiot.
Coach belly wrote:
"Where do you get off counselling me?"
That is clever of you coach implying that I directed that at you to gain favor with others when it was in fact taken from the thread started by Eliot on post #44 that was directed at blackhole. Sneaky of you.
Every time I check in here I am confused as to how some multi millionaire many times over has the time to worry about trying to prove a negative to a bunch of strangers on a forum. What a waste.....lol
Not to mention spending over a month in Vegas trying to chase down another 50k like some homeless bum investing a whole day to try and find another sprinkle for his cupcake.
There are currently 21 users browsing this thread. (0 members and 21 guests)