Good points. And there are many more variables than just 6/5 and 3/2 and why it is not a simplistic answer. Other factors include the number of decks, from one to six, double down rules, splitting rules, surrender, etc. on the pai gow side, banking is a big factor.
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Originally posted by: jphelan
Using your links, you will see that a 6-5 blackjack game has a higher house edge than Pai-Gow Poker (1.9% versus 1.46%)
You will also see that even the best BlackJack games have a higher variance than Pai-Gow Poker (1.15 versus .75)
Also, to get the best blackjack rules, you need to risk much more money - for example, to get a .25% BlackJack table at Aria, the minimum bet is $100
So - you are correct, that if you have a high bank roll and can tolerate larger swings (both up and down), you will lose a lower % of your bankroll playing BlackJack at a table with good rules.
However, if you are getting free drinks, and have a lower bank roll, and cannot tolerate large swings, you will likely lose less total dollars overall playing PaiGow poker.
For low-limit players who consume lots of free drinks, Pai-Gow may actually "cost" less. I play both and typically play more blackjack, but PaiGow is a good break and usually a much more social game than Blackjack.