[HN Gopher] How Blackjack Works (2007)
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       How Blackjack Works (2007)
        
       Author : Tomte
       Score  : 36 points
       Date   : 2024-11-27 07:01 UTC (15 hours ago)
        
 (HTM) web link (www.blackjackincolor.com)
 (TXT) w3m dump (www.blackjackincolor.com)
        
       | imglorp wrote:
       | Is card counting still possible, or have casinos implemented
       | enough countermeasures to defeat its advantage?
        
         | SynasterBeiter wrote:
         | Sort of. Look up StevenBridges on YouTube, he documents his
         | career as a card counter. It's certainly possible and you can
         | get some profit, but the casino will sooner or later ban you
         | from blackjack, so you also need a steady supply of them.
        
           | jamal-kumar wrote:
           | I just watched one of his videos this morning. Yeah you tend
           | to hit like into the thousands and they tend to see you as a
           | problem, especially on single deck tables. It's not hard for
           | them to spot someone using well known strategies. You can
           | still turn out a modest profit and I think one thing to keep
           | in mind is in places like vegas you might want to find the
           | casinos that aren't owned by the two big companies that own
           | most of them because they share information on punters...
           | 
           | His whole book is like 'why you probably shouldnt learn how
           | to count cards' and its because its a massive pain in the ass
           | and you can probably make more money doing something like
           | poker instead. It's fun from what I hear though every person
           | I know who has the mental math skills to do this has gone to
           | vegas only to get limited at around 1000$ or so. Sometimes
           | they even catch you within like 3-5 hands haha
           | 
           | Fun fact, Ed Thorpe developed blackjack basic strategy and
           | card counting through computer simulation and is pretty much
           | the guy responsible for casinos having to change all their
           | rules at one point with the game. One thing I thought was
           | funny was how steven bridges was trying the fake beard thing,
           | it seemed like the most obvious tell that he was doing some
           | funny business to me, it looked like shit haha
           | 
           | https://graham-kendall.com/blog/claude-shannon-edward-
           | thorp-...
           | 
           | https://en.wikipedia.org/wiki/Edward_O._Thorp
        
         | chungy wrote:
         | Card counting is largely defeated by adding more and more decks
         | to the shuffle. Once you get to a 6-deck shoe, it becomes very
         | difficult to use card counting to successfully "beat the odds".
        
           | kippinitreal wrote:
           | I believe it's not strictly more decks, but also how often
           | they shuffle. If they add 7 decks but don't shuffle until
           | near the bottom, it's actually advantageous as the count can
           | get very skewed (e.g. 50 cards left and 30 facecards
           | remaining). However, with 7 decks and reshuffling halfway
           | through the count doesn't reach as much relevance to the next
           | card.
        
         | tekla wrote:
         | Casinos are not dumb, they have countermeasures as well as
         | people watching the game counting the cards themselves to see
         | if players are OBVIOUSLY counting from their playing pattern.
        
         | colechristensen wrote:
         | Possible enough so to encourage new people to think they can
         | try, not possible enough to become a millionaire.
         | 
         | Possible enough that to be elite your life turns into a sort of
         | arbitrage trying to scam casinos in exchange for a mediocre
         | salary.
        
           | chrisco255 wrote:
           | It's not a scam to use math to your advantage. Casinos do it
           | all the time.
        
         | vikingerik wrote:
         | Counting is always possible, nobody can tell if you're just
         | counting in your head. What's detectable and counterable is the
         | way to get advantage from it: you must make your bet much
         | bigger when the count is favorable. That behavior pattern alone
         | is enough for a casino to choose to toss you - they don't even
         | have to prove that you were counting.
         | 
         | Counting works in general because the player's advantage is
         | concentrated into a small number of possible hands. Almost all
         | of your profit comes from blackjack hands paying 3:2, with a
         | bit more from some particular cases like splitting aces and
         | doubling on 11. For everything else, you lose more hands than
         | you win (the asymmetry is that if player and dealer both bust,
         | dealer still takes your money), and you're just trying to tread
         | water to get to the good stuff. The good stuff all requires
         | aces and tens, and counting is to identify the cases when there
         | are more of those available.
         | 
         | Besides counting, the other way to play blackjack profitably is
         | shuffle tracking. It's possible to watch as aces go into the
         | discard pile and visually track them through the shuffle. When
         | you know an ace is coming up soon (even within a range of the
         | next 20 cards), bet big since even a 5% extra chance of an ace
         | makes the expected value of that hand profitable in your favor.
         | Casinos also know to foil this and will eject you in the same
         | way, for a pattern of suddenly making big bets even if they
         | don't necessarily know or prove you're doing it.
        
         | onekorg wrote:
         | Advantage play in Black Jack boils down to:
         | 
         | 1. Placing minimum bets when odds are in the casino's favor. 2.
         | Placing large bets when odds are in the player's favor.
         | 
         | This makes the betting patterns of solo counters very different
         | and easily identifiable from average joes.
         | 
         | Some players do try to add some variance and make intentional
         | non-optimal plays to avoid detection. But every non-optimal
         | play costs money and doing it too frequently eats up any
         | potential profits.
         | 
         | Adding more decks doesn't fully prevent advantage play. More
         | decks aren't harder to count. Adding more decks lowers the
         | variance of the odds distribution through a shoe.
         | 
         | In a one-deck shoe the odds vary in a "spiky" way. It's more
         | likely to be highly favored for the casino or highly favored
         | for the player.
         | 
         | An eight-deck shoe the odds vary in a far smoother way. Most of
         | the time they'll be slightly in favor of the casino or slightly
         | in favor of the player.
         | 
         | A one-deck shoe is better for an advantage player because they
         | can sit out when the odds are unfavorable and make very
         | profitable bets when the odds are highly in their favor. But
         | you can still make money by playing a lot of hands correctly in
         | a eight-deck shoe.
        
         | MaxfordAndSons wrote:
         | Not an expert but my understanding is that it's only feasible
         | on a small enough scale to eke out tiny profits over the long
         | run, too much success will get you rapidly 86'd.
         | 
         | If anyone reading this is intrigued by games of chance with an
         | available skill edge and is considering learning advantage
         | Blackjack, I'd highly recommend learning Poker instead. You're
         | not playing against the house, you're playing against other
         | players, and the house is not incentivized to clamp down on the
         | edges available (though of course they take a cut of everyone's
         | winnings). And it's an endlessly deep strategic game instead of
         | a mechanistic counting game that advantage Blackjack is, which
         | is to say, it's actually fun.
        
         | ProjectArcturis wrote:
         | Here's my story about counting blackjack successfully. It takes
         | place in 2014, at the now-demolished Riviera. At the time, the
         | Riviera was pretty run-down, definitely one of the cheapest
         | places on the Strip. I was in Vegas for the first and only
         | time.
         | 
         | They had single-deck blackjack that had a unique side bet.
         | Basically you could make additional bets that you would get
         | dealt a natural blackjack, with a couple variations like
         | getting an extra payout for suited blackjack.
         | 
         | This side bet was even more amenable to counting than standard
         | BJ. The morning after I saw it, I did a quick simulation and
         | discovered that the odds turned player-friendly if you went a
         | single hand without seeing an ace.
         | 
         | I went down and played it. There was a crowd on Saturday night,
         | and the deck was shuffled basically every hand. No good. Sunday
         | morning I had the table to myself. I bet aggressively, starting
         | with $5 min bets and going to $50 if I went two hands without
         | an ace.
         | 
         | The dealer knew almost immediately that I was counting. He made
         | a few snide remarks, but didn't kick me out. No idea why not.
         | Maybe because the side bets are usually suckers' bets, so that
         | gave me some camouflage.
         | 
         | I had a great run of luck, doing way better than expected. In
         | an hour or so I was up $1500. Along the way I hit a suited BJ
         | for $250. The dealer called over the pit boss, who told him to
         | pay me, and then side eyed me for the rest of the session. I
         | left only because I had to get to my flight.
         | 
         | The cashier's cage gave me a hassle about cashing in brown $500
         | chips. I guess they rarely got any big winners there.
         | 
         | Overall great experience for me. I'm not at all surprised they
         | closed the casino soon after.
        
           | pwython wrote:
           | Interesting. Why would a dealer care if someone is winning?
           | Usually big winners tip the dealer handsomely.
        
             | bagels wrote:
             | Dealers care because the casino cares, and pays them to
             | care.
        
             | splonk wrote:
             | Card counters (and advantage players in general) are much
             | less likely to tip well compared to the average gambler.
             | The sort of people who think they're making money on a game
             | also tend to recognize that tips cut into profits.
        
           | ilamont wrote:
           | I employed a basic counting system I learned from a book and
           | tried it out on my first and only visit to Vegas about 20
           | years ago. This was at the Stardust.
           | 
           | It was a miserable afternoon. I don't think the dealer cared,
           | but the other players to my left were _pissed_ when I asked
           | for hits on seemingly nonsensical hands.  "Hey, you stole my
           | card again" was a typical complaint. I ended up slightly
           | ahead but never played again.
        
           | vikingerik wrote:
           | If the relevant part was that you didn't see an ace... fun
           | semantic question: is it counting if the only number you
           | track is 0?
           | 
           | As for why a casino might let a counter stay: many try but
           | not all are good at it so they're still losing money. A
           | counter might not be accurate, or misplay other decisions
           | like splits and doubles, or not bet bigger enough when it's
           | favorable, or tilt after some bad luck and bet bigger when
           | it's not favorable enough.
        
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       (page generated 2024-11-27 23:00 UTC)