How’s this for a little throwback action?<\/figcaption><\/figure>\nThe response to this news has been counter-intuitive, to say the least. Responses to Downtown Grand’s Tweet include the following.<\/p>\n
“Oh, dear.”<\/p>\n
“That’s terrible.”<\/p>\n
“That’s gonna reel in some quality patrons.”<\/p>\n
“I feel for the dealers.”<\/p>\n
“Poor dealers.”<\/p>\n
That’s because $1 blackjack is a little, well, awkward.<\/p>\n
Downtown Grand has struggled to be profitable for years, and offering $1 blackjack could be perceived as a little bit desperate.<\/p>\n
The only other casino we can think of with $1 blackjack is Oyo, formerly Hooters.<\/p>\n
The economics of a $1 blackjack table are such it’s pretty much a loss leader for a casino due to labor costs.<\/p>\n
If everyone at a $1 table actually plays that amount per hand, a $1 6-to-5 blackjack table will only generate about $43,300 in an entire year.<\/p>\n
A 6-to-5 $5 minimum blackjack table generates a meager $25 per hour in revenue, or $216,000 a year. A $5 3-to-2 table earns about $86,000 a year.<\/p>\n
Now you know the answer to the question, “Why can’t I find any $5 3-to-2 blackjack tables?”<\/p>\n
The general idea is to lure players into a casino for $1 blackjack hoping they’ll spend money on other games, whether at other tables or slots or restaurants or the bar.<\/p>\n![\"blackjack\"](\"\/vitalvegas\/dist\/images\/common\/transparent_3x2.gif\")
Fun fact: Playing blackjack is the closest we get to liking math.<\/figcaption><\/figure>\nWhile a $1 blackjack table may seem enticing, the games often have rules that hurt players.<\/p>\n
For example, $1 minimum tables tend to be 6-to-5 payouts for blackjacks, rather than 3-to-2. (It’s worth noting a lot of higher limit tables are 6-to-5 as well.)<\/p>\n
In low minimum blackjack games, dealers also hit soft 17, not optimal for players.<\/p>\n
Value-seekers should take note of the $1 blackjack at Downtown Grand and enjoy it while it lasts.<\/p>\n
We always enjoy Downtown Grand, as we like the generous video poker pay tables and frequent drinks (from the bottle, not the gun) at Furnace bar, and if you like a mellow, quiet casino, Downtown Grand’s hard to beat.<\/p>\n
Also, one of our favorite restaurants, Triple George, is mere feet away.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Downtown Grand is serving up a rare deal for its casino guests, blackjack with a $1 minimum. Downtown Grand Tweeted the news on Oct. 16, 2020, along with the fact it’s the only downtown casino to offer $1 blackjack. The response to this news has been counter-intuitive, to say the least. Responses to Downtown Grand’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14,11,13,23],"tags":[],"class_list":["post-24957","post","type-post","status-publish","format-standard","hentry","category-blackjack","category-downtownlasvegas","category-gambling","category-vegas"],"acf":[],"yoast_head":"\n
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![\"Downtown](\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2020\/10\/downtown_grand_one_dollar_blackjack.jpg\")
![\"blackjack\"](\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2013\/12\/blackjack_cards.jpg\")