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Often a casino will advertise a low minimum game as a teaser, a sign might read $2 blackjack 24 hours a day. However, the $2 minimum game might be available at only one table and the payout might be 6:5 for a blackjack. Historically the attitude has changed about table limits. In the early 1990s in downtown Vegas, quarter minimum bets were common.
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For example, the house edge in blackjack is roughly 0.5%. If a player is offered a $100 cashable bonus requiring $5000 in wagering on blackjack with a house edge of 0.5%, the expected loss is $25. Therefore, the player has an expected gain of $75 after claiming the $100 bonus.
In an article in Blackjack Forum, Arnold Snyder describes playing with Ken Uston at Circus Circus Las Vegas near the end of Uston's life. He states that Uston was disguised as a worker from Hoover Dam and got away with spreading his bets from table minimum to table maximum on a single-deck game. Since this took place at a time when card ...
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