Blackjack is one of the most popular and widely played casino games in the world. The game involves players competing against the dealer to get a hand value as close to 21 as possible without going over.
But have you ever wondered how the dealer makes money in blackjack? After all, they aren’t playing against other players who are trying to beat them. In this article, we will explore the ways in which dealers make money in blackjack.
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1. The House Edge
The house edge is the mathematical advantage that the casino has over players. In blackjack, the house edge is usually around 0.5%, which means that for every $100 wagered, the casino can expect to make $0.50.
This may not seem like a lot, but over time it adds up. Consider a busy blackjack table where each player is betting $100 per hand.
If there are six players at the table and each of them plays 60 hands per hour, that’s $36,000 in wagers per hour. With a house edge of 0.5%, the casino can expect to make $180 per hour from that table alone.
2. The Shuffle
In many casinos, dealers are required to shuffle the decks by hand rather than using a machine. This can be time-consuming and physically demanding work, especially if they are dealing multiple tables at once.
To compensate for this extra effort, casinos often pay dealers a shuffle bonus on top of their regular salary or hourly wage. This bonus can range from a few dollars per hour to several hundred dollars per week depending on how busy the casino is and how many decks need to be shuffled.
3. Tips
Like any service industry job, dealers rely on tips from customers to supplement their income. While not all players tip their dealers, it is customary to do so if you win a big hand or have a particularly enjoyable experience at the table.
Tipping etiquette can vary by casino and region, but as a general rule, it’s a good idea to tip your dealer 5-10% of your winnings or at least a few dollars per hour of play. Not only does this help the dealer make more money, but it can also improve your relationship with them and make for a more pleasant gaming experience overall.
4. Side Bets
In addition to the main blackjack game, many casinos offer side bets that players can place on various outcomes. These bets can range from simple wagers on whether the player or dealer will get a blackjack to more complex bets on specific card combinations or totals.
While side bets can be tempting due to their potentially high payouts, they also have much higher house edges than the main game. For example, a popular side bet called “Perfect Pairs” has a house edge of around 6%, meaning that for every $100 wagered on this bet, the casino can expect to make $6 in profit.
5. Insurance
Another way in which dealers make money in blackjack is through insurance bets. If the dealer’s up card is an ace, players have the option to place an insurance bet that pays out 2:1 if the dealer gets a blackjack.
However, like side bets, insurance bets have high house edges (around 7%) and are generally not recommended for players who are trying to maximize their winnings over time.
In conclusion, there are several ways in which dealers make money in blackjack. From the house edge to shuffling bonuses and tips from customers, dealers rely on multiple sources of income to supplement their wages and make a living in this exciting and fast-paced industry.