If there is one thing that everyone knows about gambling, it is that the house always wins. And while it’s true that casinos always make a profit, there are ways to cheat the system, some of which are completely legal.
Half a century ago, mathematician Edward Thorp published a groundbreaking book in which he described how a player could use “card counting” to gain an advantage in the game of Blackjack by keeping track of the remaining cards in the deck. Since then, casinos have tried to eliminate card counting as card counters have become more vulnerable to failure. So can you beat the casino today? And what does the future hold?
Casinos are companies that operate on a building edge, often referred to as housing. If you play roulette and bet on one number, you get odds of 35-1 when the actual odds are 36-1 in Europe and 37-1 in the US. The eu casino news said that you get less of the odds is actually a house option and explains why casinos make money in the long run. Of course, some have to work, otherwise the casino will no longer exist.
Advantage of the players
What casinos don’t like are “players ahead” – people trying to get an edge over the house. Sometimes this involves cheating and / or illegal activities, ranging from posting in the past (betting after you stop betting) to cooperating at the poker table and using computers to make decisions.
Card counting, however, is legal. In Blackjack, the player’s goal is to get cards where the points will be close to 21 from the dealer’s hand, but no more than 21. Many hands are played from the same deck, so what happens in a hand affects what happens. in the future. . For example, if ten were played from the deck, it may not appear in the next hand. This is in contrast to other games, such as roulette, where the outcome of one spin has no effect on the next.
Struggle in development
Casinos have introduced various measures to prevent card counting. This involves seeing those who do and simply banning them from playing or even entering the casino. Another method is to increase the number of decks from one to (usually) six or even eight. Some casinos either shuffle the cards after only about 75% have been played or keep shuffling them with automatic shuffling.
You may be wondering why casinos don’t just release blackjack. Well, it’s still a popular game and it’s still profitable. There are also many potential card counters which are not that good and provide casino income.
Many blackjack players oppose such practices and argue that casinos should allow gamblers to use their skills while playing. Since it is relatively easy to spot an automatic card counter (high concentration, object increase, and so on), the MIT team demonstrated that it could work as a team. The idea is that someone else is counting cards – they may not even be sitting at the table. When the tally reaches the agreed value, they signal the other players at the table to start betting. This is much more difficult to detect, but casinos can prevent players from joining the game until after a mixed bag to counter that policy.