Las Vegas Blackjack Payouts
- Las Vegas Blackjack Payout
- Best Blackjack Payout In Vegas
- Las Vegas Blackjack Payouts
- Las Vegas Casino Blackjack Payouts
Blackjack House Edge
Blackjack is the most popular table game in America with roughly a 0.5% house edge depending on the number of decks used and the rules involved. Most casinos have rows of blackjack games lining the casino floors each with different combinations of rules and payouts, such as is it a 2, 4, 6, or 8 deck shoe, a 3 to 2 or 6 to 5 payouts, and does the dealer hit or stay on a soft 17 for example. Seeing how the house edge changes depending on all of these factors, it’s understandable that most casual players don’t comprehend or keep track of this type of information. That’s why this article exists; we gathered this information so you don’t have to. We've collaborated with Online United States Casinos.com to collect this information and provide it to you, the readers. You can find a comprehensive list at Online United States Casinos.com.
The best house edge a player can get on a Las Vegas blackjack table is 0.26%. The player must act in accordance with the following bullet points in order to achieve such a low house edge:
So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered. Although this may not seem like an awful lot, it can add up quite quickly. The following table shows only true 3-2 Blackjack games in the Las Vegas area. The house edge figures are assuming total-dependent basic strategy and a cut card.
- 6 deck shoe
- Dealer stays on soft 17
- Blackjack pays 3 to 2
- The player can double down on any two cards
- The player can double after a split
- The player has the option to surrender
- The player can re-split aces
- The player cannot hit after splitting aces
Players can only find this 0.26% house edge at the following casinos:
Las Vegas Blackjack Payout
| Casino | Min |
|---|---|
| Aria | $100 |
| Bally’s | $50 |
| Bellagio | $100 |
| Caesars Palace | $100 |
| Cosmopolitan | $100 |
| Encore | $100 |
| Hard Rock | $100 |
| Hard Rock | $100 |
| M Resort | $50 |
| Mandalay Bay | $100 |
| MGM | $25 |
| Mirage | $100 |
| Palazzo | $100 |
| SLS | $100 |
| Treasure Island | $25 |
| Tropicana | $100 |
| Venetian | $100 |
| Wynn | $200 |
The player is able get a lower house edge than 0.26% but there are no tables in Las Vegas with that combination of rules. If you follow the listed rules above and only alter one item, then this brings the house edge all the way down to 0.08%. That one item is the player being able to hit their hand after re-splitting aces. By using the Wizard of Odds house edge calculator for blackjack, you can input the rules of your local blackjack table and determine if it’s right for you. Also keep in mind that most casinos have different rules and payouts depending on the table. If you’re not sure what the rules are for any given table, ask the dealer before sitting down.
Las Vegas Slot Payouts
Here is a list of different slot payouts from all the different Las Vegas casinos:
Pay Out Comparisons, Brick Casinos Vs Online Casinos
There are some obvious key differences between playing slots in a brick and mortar casino and playing slots in an online casino. A brick and mortar casino offers perks such as the flashing lights of the machines, free drinks for players, and an exciting atmosphere. An online casino competes with this by offering large signup bonuses and loyalty rewards for players who stick to one company. However, not many people know that the percentage pay out also varies between a brick and mortar casino and an online casino. Not only does the percentage pay out differ between online and physical casinos but it also varies from slot game to slot game! You can try playing latest online slots for free at casinogames.ca/slots.
What is a Pay Out Percentage?
To understand the differences between pay out rates of a brick and mortar casino and online casinos, one must first understand exactly what a pay out percentage is. The pay out percentage is essentially an estimate of what a player can expect from a slot machine in terms of pay out. Slot machines are programmed to pay out winnings as a percentage of all the wagers that are paid into the machine by players. However, it is important to remember that the machines are still random and the pay out percentage covers the lifespan of the machine. This means that putting $100 into a slot machine with a 90% pay out percentage doesn’t guarantee a $90 return! These percentages can vary quite significantly between a brick and mortar Las Vegas casino and an online casino. For example in a Las Vegas casino, the average pay out percentage range is 86-93% whereas an online casino offers an average pay out percentage range of 95-98%. Thats quite a significant difference! Payout ratio is scientific metric, also common language in the investment and financial world.
Best Blackjack Payout In Vegas
Why Does the Pay Out Percentage Vary?
As you can see above, there is quite a significant difference between the brick and mortar casinos in Las Vegas and online casinos in terms of pay out percentage. The main reason for this is that physical casinos in Las Vegas have much higher operational costs and overhead expenses. They operate in a physical building which requires rent and maintenance as well as employing staff and other general expenses. Online casinos on the other hand have very low operational costs and most of the profits are re-invested into the company in the form of marketing and bonuses. You can see this in the online casinos reviewed at BestCasinosCanada comparison site with many sites there offering new players welcome bonuses from $1000 up, sums which Las Vegas casinos can't match.
The remaining money from the pay out percentage is known as the slot hold percentage and is the equivalent of the casinos house edge or hand rake in poker and other games. If a slot machine has a pay out percentage of 90%, the amount of money taken by the casino is 10%. So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered. Although this may not seem like an awful lot, it can add up quite quickly.
Which Slot Games Offer the Best Pay Out Percentage?
Another aspect of pay out percentages in slot machines is the type of slot that you are playing. Each slot machine features a pay table which shows the probability of winning and the maximum winnings each machine will pay out. Brick and mortar casinos in Las Vegas generally have 3 reel classic slot machines which have a much lower pay out table and heavily favour the house. However, online casinos favour video slot machines with higher pay lines and a much better pay out probability. Slot games which are exclusively available in online casinos such as Thunderstruck II and Jurassic Park allow players to win on 243 lines with a host of features, wild symbols, and special mini games. Other exclusive online slot games such as Piggy Fortunes allow players to play 25 lines at one time, providing an excellent chance of winning on each spin. These online video slots combine a high pay out percentage of 95-98% with a high probability of winning on each spin, making them much more profitable than classic reels in brick and mortar online casinos.
Las Vegas Blackjack Payouts
Conclusion
Las Vegas Casino Blackjack Payouts
When considering all the information, there is really no comparison between brick and mortar Las Vegas casinos and online casinos. In terms of pay out percentage, online casinos offer players a much higher chance of winning as the house takes a much smaller percentage of the money. Although brick and mortar casinos offer a different gaming experience with flashing lights, exciting sounds, and a general buzz, it is worth remembering that you are paying for that experience by sacrificing the probability of winning. For those players more interested in skill-games, you can find information on playing in Vegas here.