I have written before about how raising the minimum bet limits for blackjack tables can cause a drop in revenue for the casinos rather than an increase. Casino games, like any other product, good or service, is governed by the rules of supply and demand. Or at least they should be. The casinos charge a price to play the game that the players consider the games to be worth. If the casino charges too little money, they risk not making enough to justify carrying the game (or so they say). If they charge too much, players may opt to not play.
The casino industry is hurting thanks to the recession and they are looking for ways to increase revenue. Some casinos, such as those in Colorado, have made $10 tables the cheapest, but they risk losing some blackjack novices who don’t want to wager that price. Some Atlantic City casinos are now taking the opposite route in an attempt to lure more players. The casino will make less money on each hand, but hopefully have more players.
The Trump Marina Hotel Casino, owned by that guy who fires people on TV, has introduced $1 blackjack tables in an attempt to boost business. As a result, they are seeing the best business they have had in years. Back in the 1990’s, $2 tables were common in Atlantic City, but those were gradually phased out in favor of $5 and even $10 tables as the cheapest.
With the resurgence in popularity for blackjack tables at the Trump Marina, here’s hoping that the $1 blackjack table trend will catch on. It’s the perfect way for gamblers with smaller incomes or novice gamblers to have fun at the casino without worrying too much about their cash.
Of course, at online casinos there are even more opportunities for low-minimum blackjack tables. It is common to find $1 and $2 blackjack tables online if you look hard enough. In addition, some online casinos hold blackjack tournaments, where you can buy in for a low price or maybe for no entry fee at all, if it’s a free blackjack tournament.
Tags: $1 blackjack tables, $2 blackjack tables, Atlantic City blackjack, Atlantic City casinos, blackjack table limits, casino blackjack, Donald Trump, online blackjack, online casinos, Trump Marina Hotel Casino