Many casinos are only too happy to promote the idea of the high roller, coming onto the gaming floor and blasting through hundreds of thousands of dollars in just a few minutes. We guess it’s all part of the glamorous nature of promoting casinos. But what about the more sensible low roller? Well, the casino prefers not to talk about this guy. After all, he’s not going to be a big earner for them with stakes as low as $5. If you go online, you’ll find blackjack stakes as low as a single dollar.
Why Do People Obsess Over $5 Blackjack?
Without a doubt, one of the most popular games in the casino is blackjack. You’ll find that it comes in many different stake size possibilities. The most commonly available are $10 and $25 table bets. Though these are most common in brick and mortar casinos, you can still find blackjack table games offering stakes as small as $5. What’s interesting here is that of all the stakes available, gamblers seem to go crazy for low stake games. So why is it that $5 blackjack players are so obsessed with this small stake?
$5 Is an Extremely Cheap Blackjack Bet Today
What’s interesting is that when you look back over the history of blackjack casinos, you’ll find that the $5 stake was very common until the late 2000s. Since then it’s become almost as rare as hen’s teeth. Probably the main reason for this is that there’s not much benefit to the casino from a £5 stake. With high running costs including the expense of the dealers and other staff, many gaming operators would struggle to have a business built on measly $5 wagers. Another thing to take into account is that $5 in the 1990s certainly isn’t worth the same amount today. When you adjust a $5 wager for inflation, it’s only worth $2.40.
Virtually all blackjack players can afford a $5 bet. If you add to this the fact that blackjack has one of the lowest house edges of all casino games, then it’s easy to see why these small stakes are so appreciated by bettors of all shapes and sizes. But, as we previously mentioned, low rollers are not the type of business land-based casinos are looking for. But the best online casinos for blackjack are only too happy to find $5, blackjack players. An online casino like King Billy Casino will have all sorts of bonuses and incentives going up to €1,000 for all its new players.
Most Gaming Jurisdictions Don’t Offer $5 Blackjack
If you look around any US gambling jurisdictions, you’ll have a hard time finding any $5 blackjack tables. Nevertheless, there are a few places where you can play these stakes consistently. As you’d imagine, the premier spot for finding $5 tables is going to be Las Vegas. You’ll find that most of the casinos in Sin City will offer these cheapest stakes, especially in the downtown area. You’ll also find some Reno casinos happy with a low roller gambler.
But if you move away from Las Vegas and Nevada, then you’re going to be hard-pressed to find any low-limit blackjack games. In some ways, this elevates the $5 blackjack table game to something more special. You can look upon it as a rare treat when you do find it.
$5 Blackjack Leads to Low Theoretical Losses
If you’re a blackjack player then you’re probably aware that blackjack is one of the highest paying games to be found in the casino. For a classic table game, it can offer an insane 99.5% RTP or higher. Of course, much will depend upon your understanding of perfect blackjack strategies.
As well as how to utilize the the utilize blackjack rules to your advantage. Having sung the game’s praises, you must be aware that blackjack is still a negative expectation game. That means that you’re going to lose more, the longer you play. So it follows that if you choose to make smaller bets of just $5 or less, then you’re going to be able to stifle your theoretical losses and enjoy the game for longer periods.
Let’s have a look at these theoretical losses for different stakes in greater detail:
$5 Minimum Bet
- You play 85 hands an hour.
- 85 x 5 = $425 wagered per hour
- The house edge is 1%.
- 425 x 0.01 = 4.25
- Theoretically you’ll lose $4.25 an hour.
$10 Minimum Bet
- The table sees 85 hands an hour.
- 85 x 10 = $850 bet per hour
- The house edge is 1%.
- 850 x 0.01 = 8.50
- You’ll theoretically lose $8.50 an hour.
$25 Minimum Bet
- Your table plays 85 hands an hour.
- 85 x 25 = $2,125 wagered per hour
- The house edge is 1%.
- 2,125 x 0.01 = 21.25
- Theoretically loss @ $21.25 an hour.
A Great Way to Pass the Time With Gambling Friends
If you are like the majority of gamblers, then you don’t take casino games too seriously. When you head out to the casino it’s more for a social outing with your friends than to try and get rich quickly. And you’re probably going to be the type of gambler who’s not looking to place high-stake bets. You aim to enjoy yourself with your friends whilst betting less money to play for longer.
For you, $5 blackjack is a great way of extending your bankroll. With a relatively small amount of money, you’re able to play for hours at the games table. At the online casino, you can make use of free play and use it for totally free blackjack practice.
Let’s have a quick look at how long you can expect a $100 bankroll to last at a $5 table:
- You play 80 hands an hour.
- 80 x 5 = $400 wagered an hour.
- House edge is 0.7%.
- 400 x 0.007 = 2.8
- Theoretical loss of $2.80 per hour.
- 100 / 2.8 = 35.71
- So your bankroll will last for 35.71 hours in theory.
Win Decent Money With $5 Blackjack
Although the casino does carry an advantageous house edge when it comes to blackjack, you can sometimes get lucky and win a lot of money. Having said that, if you’re only betting $5 wagers, then your chances of winning big are going to be much reduced. It’s basic mathematics that to win a lot of blackjacks you need to bet a lot in the first place. If the cards got you a win, then a $5 wager could win you several $100. Of course, if you’re able to land a hot streak, then you can add another zero to that total.
$5 Blackjack At Online Casinos
If like us you enjoy low-roller games then nothing beats playing blackjack online. You’ll find that all the most reputable and well-known online casinos like King Billy Casino will allow you to play with just $1 per hand. If you dig even deeper you may even be able to find casino websites that allow you to play for as little as $0.10 per stake. Even better, you’ll find that $1 – $5 blackjack games are available across all types and variances of blackjack.
Very Low House Edge
Another noticeable benefit from playing blackjack online for low stakes is that you don’t have to worry about a high house edge. Thanks to much lower running cost than a real brick-and-mortar casino, you’ll find that most blackjack tables have a house edge of around 0.5% or less. Once again, if you look around you can find blackjack games that offer a house edge of less than 0.2%. Considering how blackjack odds function, with such a low house edge, it’s perfectly feasible to break even every time you play with $5 blackjack bets.
$5 Blackjack Live Dealer Casinos
If you still want the atmosphere of a real live casino but don’t want to leave your living room sofa, then you should play live dealer blackjack. With this, you’ll be able to play low-stakes games and enjoy the same atmosphere as you can find in a real casino. Live $5 blackjack games are live-streamed from specially constructed studios that are normally situated in Central Europe. Even better, you don’t need a PC to view these games, as a tablet or your trusty phone will allow you to enjoy this exciting playing experience.
When it comes to the size of stakes, you’ll find that as a low-roller, you’re perfectly welcome to play live dealer blackjack games. Most of these games require only a $1 minimum bet. Not only that, but many online casinos like King Billy Casino will offer you a tasty welcome bonus as a new customer. This is an even better way of helping to stretch your bankroll.