Non Negotiables
| Practical procedures and relative costs of Non Negotiable play on table games. By Andrew MacDonald Gaming Analyst, Adelaide Casino,1991 |
Casino Analyser Reference Non Negotiable Differential |
Introduction | Walkthrough | Mathematical Ratios | Revenue Calculation Comparisons for Various Games After Tax | Non Negotiables on Roulette | Other Methods of Explanation | Conclusion |
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GAME
|
WAGER
|
EDGE %
|
THEO. TURN:
CAGE TURN |
EDGE PER TURN
|
EDGE LESS TAX PER TURN
|
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| Bacc |
Player
|
1.36
|
1.9732
|
2.6836
|
2.1468
|
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|
Banker
|
1.17
|
2.0276
|
2.3723
|
1.8978
|
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|
50/50 PB
|
1.26
|
2.0000
|
2.5200
|
2.0160
|
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| BJ |
1.30
|
1.9743
|
2.5666
|
2.0533
|
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|
Even Chances
|
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| AR |
2.70
|
1.9470
|
5.2569
|
4.2055
|
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|
Str Ups
|
2.70
|
1.0280
|
2.7756
|
2.2205
|
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|
Doz & Col
|
2.70
|
1.4800
|
3.9960
|
3.1968
|
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| From this base it is possible to calculate the effect of offering various commission percentages.
If commission was set at, for example, 1.5% of non-negotiable turnover then the following can be shown:- Baccarat |
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|
EDGE PER TURN
|
*EDGE LESS TAX PER TURN
|
COMMISSION
(example only) |
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|
WAGER
|
NET
|
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| Player |
2.6836%
|
2.1468%
|
1.5%
|
0.6468%
|
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| Banker |
2.3723%
|
1.8978%
|
1.5%
|
0.3978%
|
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| 50/50 PB |
2.5200%
|
2.0160%
|
1.5%
|
0.5160%
|
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| Roulette | |||||||||||||||||||||
|
EDGE PER TURN
|
*EDGE LESS TAX PER TURN
|
COMMISSION
(example only) |
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|
WAGER
|
NET
|
||||||||||||||||||||
| Even |
5.2569%
|
4.2055%
|
1.5%
|
2.7055%
|
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| Str Up |
2.7756%
|
2.2205%
|
1.5%
|
0.7205%
|
|||||||||||||||||
| Doz/ Col |
3.9960%
|
3.1968%
|
1.5%
|
1.6968%
|
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| Prior to any consideration of direct expenses such as direct payroll, room, food and beverage, airfare and other overhead expenses this would provide the following net/gross operating margins. | |||||||||||||||||||||
|
NET/ GROSS
OPERATING MARGIN (pre other direct expenses) |
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|
GAME
|
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| BACCARAT | |||||||||||||||||||||
| Player |
24.10%
|
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| Banker |
16.77%
|
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| 50/50 PB |
20.48%
|
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| ROULETTE | |||||||||||||||||||||
| Evens |
51.47%
|
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| Str. Up |
25.96%
|
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| Doz/ Col |
42.46%
|
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