{"id":962,"date":"2020-05-13T14:01:32","date_gmt":"2020-05-13T21:01:32","guid":{"rendered":"https:\/\/vegasadvantage.com\/?p=962"},"modified":"2023-08-05T14:37:35","modified_gmt":"2023-08-05T21:37:35","slug":"economics-of-dealing-table-games-at-reduced-capacity","status":"publish","type":"post","link":"https:\/\/vegasadvantage.com\/economics-of-dealing-table-games-at-reduced-capacity\/","title":{"rendered":"Economics of Dealing Table Games at Reduced Capacity"},"content":{"rendered":"<p>Casinos are working hard behind the scenes to comply with Nevada gaming regulations when the time comes to reopen. One of the orders is reducing the number of players per table. This will make it difficult to operate lower limit table games at a profit.<\/p>\n<p>The requirement for most table games is no more than three seats. <strong>Roulette<\/strong> tables will be permitted to have four players. <strong>Craps<\/strong> tables may have up to six players, three for each side.<\/p>\n<h3>Labor costs associated with table games<\/h3>\n<p>For <strong>blackjack<\/strong> and roulette, there are just under two employees on the clock per table. This includes the dealer, a breaker and a pit supervisor. For craps, there are three dealers, a supervisor, a breaker and a fraction to account for another supervisor and breaker.<\/p>\n<p>The labor side of the table is <strong>where the problem lies<\/strong>. Blackjack and roulette need to generate around $30 per hour to cover labor, payroll taxes and benefits. A craps table needs to generate around $85 an hour to cover these expenses. These are estimates that will vary from one casino to another and does not include comps like drink service, free bets, meals and hotel rooms or the cost of additional cleaning supplies and related employees.&nbsp; &nbsp;<\/p>\n<p>There will also be players that change bets around and go above the minimum. This will help bring up the average, and is something casinos want, but must plan for scenarios where that does not happen. Some tables will sit idle <strong>waiting for action<\/strong> to offset some of that. Games may also slow down for more frequent cleanings.<\/p>\n<h3>How much a blackjack table can generate shorthanded<\/h3>\n<p>A typical Las Vegas blackjack game uses a shoe, pays 3:2, allows the player to double down before and after splitting, with the dealer hitting soft 17. This puts the <strong>house edge<\/strong> around 0.65 percent. Below is the theoretical house win on a <strong>three-handed blackjack table<\/strong> per average bet using the hands per hours estimates published by the <a href=\"https:\/\/wizardofodds.com\/ask-the-wizard\/136\/\">Wizard of Odds<\/a>.<\/p>\n<p><strong>Legend for multi-player table theoretical: One player\/table cumulative<\/strong><\/p>\n<h3>3:2 blackjack<\/h3>\n<h4>Heads up<\/h4>\n<ul>\n<li>$5: $6.79<\/li>\n<li>$10: $13.59<\/li>\n<li>$15: $20.38<\/li>\n<li>$25: $33.96<\/li>\n<li>$50: $67.93<\/li>\n<li>$100: $135.85<\/li>\n<\/ul>\n<h4>Two-handed<\/h4>\n<ul>\n<li>$5: $4.52\/$9.04<\/li>\n<li>$10: $9.04\/$18.08<\/li>\n<li>$15: $13.55\/$27.10<\/li>\n<li>$25: $22.59\/$45.18<\/li>\n<li>$50: $45.18\/$90.35<\/li>\n<li>$100: $90.35\/$180.70<\/li>\n<\/ul>\n<h4>Three-handed<\/h4>\n<ul>\n<li>$5: $3.41\/$10.23<\/li>\n<li>$10: $6.83\/$20.40<\/li>\n<li>$25: $17.06\/$51.18<\/li>\n<li>$50: $34.13\/$102.39<\/li>\n<li>$100: $68.25\/$204.75<\/li>\n<\/ul>\n<p><strong>Las Vegas Strip<\/strong> casinos, as well as some in other segments, can <strong>pay 6:5<\/strong> on a blackjack at lower limit tables. This chart shows the theoretical hourly house win at those games with a two percent house edge:<\/p>\n<h3>6:5 blackjack<\/h3>\n<h4>Heads up<\/h4>\n<ul>\n<li>$5: $20.90<\/li>\n<li>$10: $41.80<\/li>\n<li>$15: $62.70<\/li>\n<\/ul>\n<h4>Two-handed<\/h4>\n<ul>\n<li>$5: $13.90\/$27.80<\/li>\n<li>$10: $27.80\/$55.60<\/li>\n<li>$15: $41.70\/$83.40<\/li>\n<\/ul>\n<h4>Three-handed<\/h4>\n<ul>\n<li>$5: $10.50\/$31.50<\/li>\n<li>$10: $21\/$63<\/li>\n<li>$15: $31.50\/$94.50<\/li>\n<\/ul>\n<p>The numbers above account for players that use basic strategy but are not effectively counting cards. The actual losses will be a bit higher due to players making mistakes. However, the first round of guests will more likely be <strong>experienced players<\/strong> that know how to play blackjack considering few other amenities and attractions beyond gambling will be available in the reopening phase.<\/p>\n<h3>Expected house win at different forms of roulette<\/h3>\n<p>Roulette tables will be permitted to have four players per table. Below are the results from single, double and triple zero games:<\/p>\n<h3>Single zero<\/h3>\n<p>Plaza offers $10 single zero roulette. Cromwell offers it for $25. This is the theoretical hold on those tables:<\/p>\n<h4>Heads up<\/h4>\n<ul>\n<li>$10: $15.12<\/li>\n<li>$25: $37.80<\/li>\n<\/ul>\n<h4>Two players<\/h4>\n<ul>\n<li>$10: $10.26\/$20.52<\/li>\n<li>$25: $25.65\/$51.30<\/li>\n<\/ul>\n<h4>Three players<\/h4>\n<ul>\n<li>$10: $8.10\/$24.30<\/li>\n<li>$25: $20.25\/$60.75<\/li>\n<\/ul>\n<h4>Four players<\/h4>\n<ul>\n<li>$10: $7.43\/$29.70<\/li>\n<li>$25: $18.56\/$74.25<\/li>\n<\/ul>\n<h3>Double zero<\/h3>\n<h4>Heads up<\/h4>\n<ul>\n<li>$5: $15.12<\/li>\n<li>$10: $30.24<\/li>\n<li>$15: $45.36<\/li>\n<\/ul>\n<h4>Two players<\/h4>\n<ul>\n<li>$5: $10.26\/$20.52<\/li>\n<li>$10: $20.52\/$41.04<\/li>\n<li>$15: $30.78\/$92.34<\/li>\n<\/ul>\n<h4>Three players<\/h4>\n<ul>\n<li>$5: $8.10\/$24.30<\/li>\n<li>$10: $16.20\/$48.60<\/li>\n<li>$15: $24.30\/$72.90<\/li>\n<\/ul>\n<h4>Four players<\/h4>\n<ul>\n<li>$5: $7.43\/$29.70<\/li>\n<li>$10: $14.85\/$59.40<\/li>\n<li>$15: $22.28\/$89.10<\/li>\n<\/ul>\n<h3>Triple zero roulette<\/h3>\n<h4>Heads up<\/h4>\n<ul>\n<li>$5: $43.06<\/li>\n<li>$10: $86.12<\/li>\n<li>$15: $129.19<\/li>\n<\/ul>\n<h4>Two players<\/h4>\n<ul>\n<li>$5: $29.22\/$58.44<\/li>\n<li>$10: $58.44\/$116.89<\/li>\n<li>$15: $87.67\/$175.33<\/li>\n<\/ul>\n<h4>Three players<\/h4>\n<ul>\n<li>$5: $23.07\/$69.21<\/li>\n<li>$10: $46.14\/$138.42<\/li>\n<li>$15: $69.21\/$207.63<\/li>\n<\/ul>\n<h4>Four players<\/h4>\n<ul>\n<li>$5: $21.15\/$84.59<\/li>\n<li>$10: $42.30\/$169.18<\/li>\n<li>$15: $63.44\/$253.77<\/li>\n<\/ul>\n<h3>Expected house win on craps pass line bets<\/h3>\n<p>According to the <a href=\"https:\/\/wizardofodds.com\/games\/craps\/basics\/\">Wizard of Odds<\/a>, <strong>each roll<\/strong> from the pass line has a <strong>0.42 percent house edge<\/strong>. The numbers below are based on this and the <strong>average number of rolls<\/strong> per hour at a table based on the number of players.<\/p>\n<p>Craps tables are dependent on players making side bets such as hops and hardways to make money. Line bets will not cut it. A house can remove a dealer from one side of the table and have three players. However, that does not put a serious dent in the labor cost while at the same time <strong>cutting capacity by 50 percent<\/strong>.<\/p>\n<h4>One player<\/h4>\n<ul>\n<li>$5: $5.23<\/li>\n<li>$10: $10.46<\/li>\n<li>$15: $15.69<\/li>\n<\/ul>\n<h4>Two players<\/h4>\n<ul>\n<li>$5: $4.87\/$9.74<\/li>\n<li>$10: $9.74\/$19.49<\/li>\n<li>$15: $14.62\/$43.85<\/li>\n<\/ul>\n<h4>Three players<\/h4>\n<ul>\n<li>$5: $4.54\/$13.61<\/li>\n<li>$10: $9.07\/$27.22<\/li>\n<li>$15: $13.61\/$40.82<\/li>\n<\/ul>\n<h4>Four players<\/h4>\n<ul>\n<li>$5: $3.78\/$15.12<\/li>\n<li>$10: $7.56\/$30.24<\/li>\n<li>$15: $11.34\/$45.36<\/li>\n<\/ul>\n<h4>Five players<\/h4>\n<ul>\n<li>$5: $3.02\/$15.12<\/li>\n<li>$10: $6.04\/$30.20<\/li>\n<li>$15: $9.06\/$45.30<\/li>\n<\/ul>\n<h4>Six players<\/h4>\n<ul>\n<li>$5: $2.94\/$17.64<\/li>\n<li>$10: $5.88\/$29.40<\/li>\n<li>$15: $8.82\/$52.92<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casinos are working hard behind the scenes to comply with Nevada gaming regulations when the time comes to reopen. One of the orders is reducing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"yes","_lmt_disable":"yes","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","footnotes":""},"categories":[3],"tags":[],"aioseo_notices":[],"acf":[],"modified_by":"John Mehaffey","jetpack_featured_media_url":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/bellagioglass.jpg?fit=1122%2C842&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9QI6N-fw","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":6133,"url":"https:\/\/vegasadvantage.com\/downtown-las-vegas-blackjack-and-table-game-guide\/","url_meta":{"origin":962,"position":0},"title":"Downtown Las Vegas Blackjack and Table Game Guide","author":"Kristina Mehaffey","date":"January 20, 2023","format":false,"excerpt":"The Vegas Advantage downtown table game report includes the minimum bets and rules for all live and electronic tables at the 12 downtown Las Vegas casinos.","rel":"","context":"In &quot;Fremont Street Experience&quot;","block_context":{"text":"Fremont Street Experience","link":"https:\/\/vegasadvantage.com\/category\/fremont-street-experience\/"},"img":{"alt_text":"Plaza Casino","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201103_160136_HDR-scaled.jpg?fit=900%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201103_160136_HDR-scaled.jpg?fit=900%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201103_160136_HDR-scaled.jpg?fit=900%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201103_160136_HDR-scaled.jpg?fit=900%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1079,"url":"https:\/\/vegasadvantage.com\/downtown-las-vegas-reopening-gambling-guide\/","url_meta":{"origin":962,"position":1},"title":"Downtown Las Vegas Reopening Gambling Guide","author":"John Mehaffey","date":"June 7, 2020","format":false,"excerpt":"Ten of the eleven downtown Las Vegas casinos reopened on June 4. The information below is based on what I found when I visited the casinos shortly after opening time. For California, Downtown Grand, Fremont, Golden Gate, Golden Nugget and The D, that was after midnight. For Binion\u2019s, El Cortez,\u2026","rel":"","context":"In &quot;Las Vegas&quot;","block_context":{"text":"Las Vegas","link":"https:\/\/vegasadvantage.com\/category\/las-vegas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/05\/fse6.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/05\/fse6.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/05\/fse6.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/05\/fse6.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/05\/fse6.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6091,"url":"https:\/\/vegasadvantage.com\/electronic-table-games\/","url_meta":{"origin":962,"position":2},"title":"Las Vegas Electronic Table Game Guide","author":"Kristina Mehaffey","date":"January 18, 2023","format":false,"excerpt":"This is the electronic table game portion of our Las Vegas surveys. Find minimum bets and rules for video table games like baccarat, blackjack and craps here.","rel":"","context":"In &quot;Las Vegas&quot;","block_context":{"text":"Las Vegas","link":"https:\/\/vegasadvantage.com\/category\/las-vegas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/04\/video-roulette2.jpg?fit=621%2C828&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/04\/video-roulette2.jpg?fit=621%2C828&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/04\/video-roulette2.jpg?fit=621%2C828&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6514,"url":"https:\/\/vegasadvantage.com\/cheapest-las-vegas-table-games\/","url_meta":{"origin":962,"position":3},"title":"Cheapest Las Vegas Table Games","author":"John Mehaffey","date":"March 21, 2023","format":false,"excerpt":"Find the cheapest Las Vegas table games here. Options include blackjack, craps, roulette, Three Card Poker and Ultimate Texas Hold'em. Minimum bets start at $2.","rel":"","context":"In &quot;Las Vegas&quot;","block_context":{"text":"Las Vegas","link":"https:\/\/vegasadvantage.com\/category\/las-vegas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/07\/railroadpasscraps.jpg?fit=1200%2C652&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/07\/railroadpasscraps.jpg?fit=1200%2C652&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/07\/railroadpasscraps.jpg?fit=1200%2C652&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/07\/railroadpasscraps.jpg?fit=1200%2C652&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2022\/07\/railroadpasscraps.jpg?fit=1200%2C652&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2784,"url":"https:\/\/vegasadvantage.com\/table-limits-mostly-lower-on-las-vegas-strip\/","url_meta":{"origin":962,"position":4},"title":"Table Limits Mostly Lower on Las Vegas Strip","author":"John Mehaffey","date":"June 10, 2021","format":false,"excerpt":"I walked the Las Vegas Strip from Mandalay Bay to Venetian on Thursday, June 3, 2021. I found lower table game limits and other changes. Read about it here.","rel":"","context":"In &quot;Las Vegas&quot;","block_context":{"text":"Las Vegas","link":"https:\/\/vegasadvantage.com\/category\/las-vegas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/stripfeature2.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/stripfeature2.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/stripfeature2.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/stripfeature2.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2020\/06\/stripfeature2.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2321,"url":"https:\/\/vegasadvantage.com\/16-unique-finds-in-our-2021-las-vegas-survey-data\/","url_meta":{"origin":962,"position":5},"title":"16 Unique Finds in Our 2021 Las Vegas Survey Data","author":"John Mehaffey","date":"January 26, 2021","format":false,"excerpt":"Every year, Kristina and I create dozens of spreadsheets filled with Las Vegas game data. This is what we use for our Las Vegas Blackjack and Las Vegas Table Game surveys.\u00a0 There are always unusual outliers in the data. This post covers 16 of these that we found in this\u2026","rel":"","context":"In &quot;Las Vegas&quot;","block_context":{"text":"Las Vegas","link":"https:\/\/vegasadvantage.com\/category\/las-vegas\/"},"img":{"alt_text":"Caesars Palace Casino","src":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201122_130311-scaled.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201122_130311-scaled.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201122_130311-scaled.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201122_130311-scaled.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/vegasadvantage.com\/wp-content\/uploads\/2023\/04\/20201122_130311-scaled.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/posts\/962"}],"collection":[{"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/comments?post=962"}],"version-history":[{"count":3,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/posts\/962\/revisions"}],"predecessor-version":[{"id":4164,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/posts\/962\/revisions\/4164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/media\/1070"}],"wp:attachment":[{"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/media?parent=962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/categories?post=962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vegasadvantage.com\/wp-json\/wp\/v2\/tags?post=962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}