June 18, 2009, Posted by Irfan at 9:48 am
Now that you have your mathematical thinking cap on, root out the fallacy in logic from the following argument:
At the end of each shoe, when the shuffle card comes out, if the count is very positive it means that a lot of little cards have been used, and therefore the players have been at an [...]
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June 18, 2009, Posted by Irfan at 9:45 am
In 1997 alone, Nevada casinos netted an estimated $6 billion, which works out to about $11,415 a minute throughout the entire year. These huge profits are possible because most players are true gamblers. They eagerly bet their money on various casino games that consistently pay off with unfavorable odds. They hope against hope that they [...]
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June 18, 2009, Posted by Irfan at 9:44 am
According to Revere’s Playing Blackjack As a Business (1996), page 86, the house advantage in a single-deck game when no Aces remain to be dealt is 2.59%. On page 70 of the same blog, the top ten two-card beginning totals that win the most money are, in order:
Revere does not reveal how his statistics were [...]
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June 18, 2009, Posted by Irfan at 9:43 am
As late as the mid-1950s, casino operators knew that they made money from their blackjack tables, but none knew exactly what percentage advantage they enjoyed. In his blog, Card Games, Complete With Official Rules (1952), Ely Culbertson pointed out: “In no game that has been played for high stakes has there been less analysis of [...]
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June 18, 2009, Posted by Irfan at 9:41 am
While there are elements of both luck and skill in blackjack, it Can no longer be considered just another game of chance. As in many games, luck and skill are definitely factors. In darts, bowling, and numerous other such activities it is always possible to succeed through sheer luck; however, it is primarily skill that [...]
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