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    • 2006-04-03, 10:38

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    • The combination of above ensures that the casino will in the vast majority of cases come out ahead in the long run. For an illustration, see this Gambler's Ruin simulation: [1] The stakes are made afresh, and the game proceeds. If the banker has been the winner, he deals again. If otherwise, the cards are passed to the player next in order, who thereupon becomes banker in his turn. When I first reviewed the ebook I knew very little about Blackjack, but having now played several thousand hands and conducted a bit more research via the Internet, I know a lot more. References Three card poker The following rules are beneficial to the player: In some LV Strip casinos you may still be able to find the older version of the multi-deck shoe game, where dealer stands on soft 17; those are usually high minimum ($50 or more) tables. This version is much more advantageous to the player, but requires a slightly modified basic strategy table. Basic strategy for other decks. An example: coin-tossing Blackjack hands are scored by their point total. The hand with the highest total wins as long as it doesn't exceed 21; a hand with a higher total than 21 is said to bust. Cards 2 through 10 are worth their face value, and face cards (jack, queen, king) are also worth 10. An ace's value is 11 unless this would cause the player to bust, in which case it is worth 1. A hand in which an ace's value is counted as 11 is called a soft hand. The World's Greatest Blackjack Book, Lance Humble and Carl Cooper, 1980 If the 'Player' has an initial total of 6 or 7, the 'Player' stands and draws no further card. There are three general categories of casino games: Craps Example: The player originally bets $10 and the dealer shows an Ace. The player takes Insurance by betting an additional amount of $5. Suppose the player's hand is 19. The dealer turns up his 'hole card' after the Insurance betting period is over -- and it's a 10-valued card. The player loses his $10 bet. But the Insurance bet wins, so the player gets 2:1 on his $5 Insurance wager and receives $10 (on top of the $5 which are returned to him). Note that the player came out even (i.e. did not lose any money) on that round. As in all casino games, the house has a statistical advantage over the players that will play itself out in the long run. But because blackjack, unlike other games, has an element of player choice, players can actually reduce the casino advantage to a small percentage by playing what is known as basic strategy. This strategy determines when to hit and when to stand, and also determines when doubling down or splitting is the correct action. Basic strategy is based on the player's point total and the dealer's visible card. There are slight variations in basic strategy depending on the exact house rules and the number of decks used. Under the most favorable conditions (single deck, downtown Las Vegas rules), the house advantage over a basic strategy player can be as low as 0.16%. Indeed, casinos offering special rules like surrender and double-after-split may actually be offering a positive expectation to basic strategy players; they are counting on players making mistakes to make money.

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    • 2006-04-03, 10:38

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