Getting back to the new six-to-five odds…if you see a casino that is offering this amount, run. The honest truth is that that change can considerably cut down on your returns even if you do win. For example, let’s say that you wager $20 and get a blackjack. With the old odds, you would have won $30 at the three-to-two rate. On the other hand with the six-to-five odds rate, you would only get $24 in return for the same win. That may be only $6 of a difference, but what if you are playing ten hands? That means due to the change in odds you are now losing $60. Now multiply that by a week’s worth of blackjack play…now multiply that by a month’s worth of blackjack play. The losses you are going to get are going to be huge and that is why casinos are trying to sneak the change in odds under your nose. They are banking on the fact that their gamblers aren’t going to do the math and understand what the change in odds rates are going to do to their outcomes. You have to be sure to watch the games and work with the odds best for you.
The problem though is that the gambling market as a whole has been suffering since the recession and gaming operators are working to bring in as much money as possible. This is why they are altering the rules and trying to come up with more profits from their gaming public. They also are losing gamblers to the quickly growing online market. More and more gamblers are switching to the online world for their gaming because of how popular it is and how much more convenient it is also. Land- based gaming companies have to do something and part of that is to tweak the odds into their own favor. You have to be aware of the changes though and what they mean to your overall outcomes when you are wagering. Make sure you do some math and understand just what the changes mean to you and your bankroll. Likely you are going to be ready to seek out actively only those casinos that offer you something more fair than the six-to-five odds rate.
