See Burning the Tables Chpt 11
The game you mention is discussed in Ian Anderson's book, Burning the Tables, in the chapter on International Play. You would do well to get a copy of it.
I do not have a simulator, but I have read a lot...here's what I can share with you from me reading.
The European No Hole Card rule, which costs you .11 in expectation for basic strategy, can be offset with a rider teaming up with the player. The method is explained in that book, and even a strategy variations table is provided. Also, I understand Basic Blackjack by Wong covers the strategy.
The rules in your game a not as good as those found in here in the US for a typcial 8 deck game. What hurts is the No Hole Card rule, -.11% as mentioned above, and the double only on hard 9's and above, which I believe will cost -.09% in basic strategy expectation. (These figures are per Blackbelt in Blackjack). Also, the limited double down rule hurts a counter more than -.11% per research done in Don Schlesingers Blackjack Attack (Chapter 10)...I do not know if counting offsets some of the negative expectation for No Hole Card.
But, I disagree from some of the other posts about the penetration to 6.5 decks, which is good I think (again, my judgement is guided by BBinBJ), although unremarkable.
What you did not mention was how much of a spread you can achieve. Here in the US, most folks quote a 1-12 spread as attainable for a short time, and some folks even think 1-16, 1-20 can be fit in. Yet, in your country, perhaps you can go even higher without attention.
Still, the tables outside of the US are likely crowded, and play is slow, with you getting in only 45-60 games per hour. (Perhaps that is why rider bets are allowed--also players are said to be not as good in general as those in the US). Because you will get only 45-60 hands per hour, with a good sized house edge off the top to overcome, the others here are saying that the game is one that is beatable, but not worth your effort.
To up your advantage to make the game playable, you will need to use a wonging strategy, and Blackjack Attack has the better material on that. If you start from the top, exit when the count drops below -1, and spread 1-20 or 2 hands 1-15, you could get a fair game I think, provided you are playing with no more than 3 other players...otherwise the game will slow down too much. Using the SPI found in Blackbelt to evaluate the game, the index would come out in the 40's without wonging/table hopping (50 or above indicates a profitable game)...thus the game is playable, but to make big money you will need to team up with someone...
To sum it up, if you play it right, it will be "Good on you, mate!"
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