Archive for the ‘Blackjack’ Category

101 Playing Tips

January 18, 2010, Posted by Irfan at 1:20 pm

The following general blackjack tips are meant to shore up the playing strategies and skills of all players regardless of their competence levels. Although most of the tips do assume some knowledge of counting, novices and expert counters alike can benefit from the assorted advice, which is presented here in no particular order.
1. Follow [...]

Read More

The Psychology of Blackjack

June 18, 2009, Posted by Irfan at 10:14 am

There are several interesting blogs about the psychology of gambling. At least one professor of psychology has theorized that there is a stronger human motive toward “play” than there is toward “work.” If this is true, then the game of blackjack oilers the promise of complete fulfillment in this sense, since it is certainly a [...]

Read More

Gambler’s Ruin

June 18, 2009, Posted by Irfan at 9:51 am

Observing the 2% Rule mentioned above practically ensures that you will never lose your entire blackjack-playing bankroll. Only those players who place wagers in excess of 2% or play in games where they do not enjoy an advantage will likely experience the gut-wrenching agony of “gambler’s ruin,” i.e., losing all of their gambling money.
On the [...]

Read More

The Kelly Criterion

June 18, 2009, Posted by Irfan at 9:48 am

Edward Thorp, in his famous Beat the Dealer, first applied this mathematical principle to the game of blackjack, although it applies to all wagering situations. Professor J. L. Kelly originally suggested it and proved it mathematically in 1956, and it has been substantiated in practice by computer runs. Basically, the theory is this:
The optimal betting [...]

Read More

A Blackjack Paradox

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 [...]

Read More
 Page 1 of 4  1  2  3  4 »