Live blackjack basic strategy with early payout from Vuetec
June 25 2009, Staff writer
Introduction
Vuetec Ltd, the live dealer platform provider behind
Lucky Live Casino have been making a lot of noise about their live blackjack
game with early payout. The game is streamed from the Fitzwilliam Card
Club and Casino in Dublin, Ireland using Vuetec's Java based streaming and bet
interface technology and offers a novel variation on standard blackjack games -
strict basic strategy with a calculated early payout option.
What is basic strategy with early payout?
This game offers players a novel variation to standard blackjack and actually
enforces optimal playing strategy, but eliminates a degree of player decision
making. There are two key elements to this game that make it different to
'standard' blackjack offered other live casinos listed on this website...an
early payout option and mandatory basic strategy play.
Early Payout - At any stage during the deal players are offered the
option to exit the game and accept a house calculated early payout rather than
play the game to conclusion. The payout value is mathematically derived
from the expected return of any particular hand, minus a small casino margin.
A so called 'Early Payout Multiplier' is applied to the player's bet stake to
determine the value of the early payout.
The concept is illustrated by way of example at game's the rules page as
follows:
- Player wager €5
- Player hand after first two dealt cards:
, totaling 5
- Dealer's "up card" is
- Early Payout Multiplier under this scenario is -0.03 (multipliers for all
deal scenarios are provided)
- Resulting Early Payout = (€5 x -0.03) +5 = €4.85
So at this point the player may exit the game by choosing the “EARLY PAYOUT”
option and be paid out €4.85, or continue to play by choosing the ‘NEXT PLAY’
option. Note in this particular example the player hand is not a strong
one relative to the dealer's up card and the offered payout results in a
wagering loss. Where the player hand is strong relative to the dealer's up
card a positive multiplier applies and the resulting payout produces a profit.
Player (11) , dealer up card (6) for example results in an Early Payout
Multiplier of 0.64 equating to a €8.20 payout offer on a €5 wager.
Basic Strategy - Blackjack basic strategy is simply optimal blackjack
decision making at each point in the game. That is, choosing correctly
whether to hit, stand, split, or double down so as to mathematically optimize
your playing returns. Basic
strategy cards may be used to illustrate the basic strategy play for any
given deal scenario.
But when playing Basic Strategy With Early Payout™ at
Lucky Live Casino or other Vuetec casinos, the task of deciding the basic
strategy play is not required...the dealer makes this decision for you.
You simply choose to either accept an early payout, or continue with the 'NEXT
PLAY" in which case the hand is dealt out according to basic strategy. If
basic strategy dictates a hit, then choosing 'NEXT PLAY' will result in a hit.
If basic strategy dictates standing, then choosing 'NEXT PLAY' will result in
standing.
It could be thought of as the live gaming version of Micrgaming's Viper RNG
games (Viper 'Auto-play' mode actually plays the game optimally for you), with
the added twist of an early payout option, and of course the fact that a real
dealer is dealing the cards.
The benefit of this game is that it eliminates the possibility of horrendous
decision making and will result in a long term return to player (RTP) rate
tending closely to Vuetec's claimed 99.5%. On the down side, it eliminates
a degree of the decision making and skill element of the game of blackjack which
many players no doubt enjoy. Further, astute players of the game who know
how to play basic strategy will know that a 6 deck shoe played optimally has a
house edge marginally smaller than the 0.5% applying to Vuetec's game.
Click here for
full house rules of Blackjack Basic Strategy with Early Payout™
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