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The house edge on well-played blackjack is only a few percent, and the highest-payout slot machines are similar. Which means that a low-limit player can keep th
by Bartweiss 10y ago
The house edge on well-played blackjack is only a few percent, and the highest-payout slot machines are similar. Which means that a low-limit player can keep their losses down to a few dollars pretty easily. So stingy gambling is actually pretty similar to music and movies in dollars-per-hour terms.
I've certainly seen movies bad enough that I would have happily spent my money playing dollar blackjack instead.
- lfowles 10y agoWhen I interned in Las Vegas, I often joked that it was cheaper and just as entertaining to go play some flashy slot machines vs going to the arcade.
- zild3d 10y agoRight, and a lot of people forget that when comps are thrown in the edge is whittled down even more, if it exists at all. If I went to a bar I'd be ordering drinks, maybe paying a cover charge, but instead I get "free" drinks while I gamble. Craps is also a very low (<1%) house edge, and it's a more social and exciting game compared to blackjack (to me atleast)
- Bartweiss 10y ago> Craps is also a very low (<1%) house edge, and it's a more social and exciting game compared to blackjack (to me at least) This is an even better example. I didn't cite it because I couldn't remember the edge on good play, but it's a solidly social experience which can be had for a very reasonable price.