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 [...]
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June 18, 2009, Posted by Irfan at 10:02 am
“If you fail to plan, then plan to fail.” Whoever coined this phrase was likely not referring to financial success at blackjack, but nevertheless the truth of the statement applies. Developing a game-playing plan, and sticking to it, is absolutely essential for continued success. Before leaving your hotel room for the casino, decide exactly where, [...]
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June 18, 2009, Posted by Irfan at 9:50 am
There is no need to factor in changes to your BS playing advantage every time you go from one casino to another. Minor variations will not affect the calculation of your bet size enough to worry about. The main consideration used by counters to determine their advantage at any given point in the game is [...]
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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 [...]
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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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