Field of Gold (+EV)
Everybody thank Eliot Jacobson for working for you. He emailed me this morning telling me the Field of Gold blackjack side bet was crushable. And it is. For real. The count is simple, and for a 6-deck shoe game, you’ll be able to bet 19% of the time, with an average edge of +6.5%/bet. That’s a profit of ($25 bet)(19% bet/hand)(+6.5% EV/bet) = $0.31/hand. For double-deck, the numbers are even better, yielding 27% betting opportunities with an average edge of +8.2%/bet. For $25 bets, that yields a profit of $0.55 per hand dealt. That adds up pretty quickly. It’s more than $100/hr.
This is about as good as it gets, as it’s a fast blackjack game. Oh, by the way, Eliot also brought you the equally crushable Lucky Lucky bet, which I probably understated in my post. These are probably the best two countable side bets out there, and nobody but Eliot has noticed them. Oh, and he’s the one that pointed out the Dragon-7 vulnerability.
Use the following count:
|Nine, Ten, Queen, King||+1|
This side bet becomes highly profitable when the shoe is rich in aces and deuces, and lean in high cards. During some shoes, the deck can easily get really good, or really bad for the Field of Gold bet. The distribution of the side bet EV is plotted below over the course of the 6-deck shoe and the double-deck game. Note the peak of the distribution is centered about the nominal -5.66% return of the bet right after the shuffle. Then, especially towards the end of the shoe, the side bet return can vary wildly. Note all the area under the long tail of the distributions to the right of the y-axis (EV>0). This is why the game is crushable.
(5 deck penetration of 6-deck shoe; 29 cards behind cut card in double-deck.)