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Previously on "'Eurovegas' giant casino plan in Spain cancelled"

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  • alluvial
    replied
    http://wizardofodds.com/games/blackj.../introduction/This gives a lot of info on card counting.

    Lots of interesting stuff on that site.

    Leave a comment:


  • Bunk
    replied
    As others have pointed out "basic strategy" only minimises the house edge. To tip it in your favour you have to count which is practically impossible with a continuously shuffled shoe of 6 or 8 decks. Even if you can do it, the betting pattern is so obvious to the casino that you'll be thrown out, which is why the MIT team used several people performing different roles to make it less obvious.

    Leave a comment:


  • No2politics
    replied
    Originally posted by alluvial View Post
    However, I think that there are ways that the casino can nullify the card counter.
    If the movies are to be believed this generally involves broken bones!

    Leave a comment:


  • Freamon
    replied
    Originally posted by No2politics View Post
    My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not
    Like I said I have only been a few times and came out ahead each time, but I suspect you're right, even the best players would fall behind eventually.

    I am an excellent driver though.

    Leave a comment:


  • alluvial
    replied
    Originally posted by No2politics View Post
    My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not
    This is true but the Demon Variance can still get you and clean you out. Anyway, as you point out, the perfect strategy just reduces the house edge not remove it and this means that you will still lose in the long run.

    I believe it is the similar with card counting except that done correctly it will remove the house edge and give you an edge. However, I think that there are ways that the casino can nullify the card counter.

    Leave a comment:


  • No2politics
    replied
    Originally posted by Freamon View Post
    Been a few times. Making small amounts of money at blackjack is fairly easy if you follow simple rules, but gets boring after a while. Enjoyable to do very occasionally (less than once a year) but cant understand people going regularly.
    My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not

    Leave a comment:


  • Cliphead
    replied
    Was a member of a casino in Glasgow back in the day when you had to be vouched for by two existing members and evening wear required. I wasn't interested in gambling just somewhere to go for a late drink and the restaurant which was subsidised (might need booking four weeks ahead to get a table at weekends), five people having three courses plus wine less than £20

    On the rare occasion I did go to the tables I restricted myself to gambling a tenner, when that was done it was back to the bar but that could last an hour or two (and free booze and food at the tables too).

    One agency night out, remember those? When agents took out all the contractors and paid for booze and food? Anyway, we all ended up in the casino. I was as pished as I've ever been and hit the tables with a vengeance, made a few quid on the Blackjack table and then hit roullete. I was losing heavily but no recollection after that till I woke up at home the next morning. The then Mrs Cliphead asked me if I remembered getting home at 5am which of course I didn't but arrived in a black hack taxi which I'd hired from the casino which was a forty mile trip.

    Still not sober I started to get some recall about writing cheques for more chips and the realisation set in I'd probably blown a month's dosh. She asked me to check my suit pockets.

    Found the cheques I wrote so I had bought them back, every pocket both trousers and suit jacket stuffed with cash. I've no idea what I won or how I did it but I had around £5k not counting the cheques. Never been back in a casino since, so I guess I'm well up on the house.

    Leave a comment:


  • AtW
    replied
    Originally posted by Freamon View Post
    Been a few times. Making small amounts of money at blackjack is fairly easy if you follow simple rules, but gets boring after a while. Enjoyable to do very occasionally (less than once a year) but cant understand people going regularly.

    Leave a comment:


  • Freamon
    replied
    Been a few times. Making small amounts of money at blackjack is fairly easy if you follow simple rules, but gets boring after a while. Enjoyable to do very occasionally (less than once a year) but cant understand people going regularly.

    Leave a comment:


  • BrilloPad
    replied
    Gambling is a tax on the stupid. It should be outlawed.

    Then the poor can spend more time being wage slaves to assist the rich in their lifestyles.

    Leave a comment:


  • AtW
    replied
    Originally posted by No2politics View Post
    The exception being poker. The casino does win in the long run due to the rake, however on a Friday or Saturday night there Are usually plenty of muppets about ready to give you their money.
    How do you like your Martini?

    Leave a comment:


  • No2politics
    replied
    Originally posted by russell View Post
    Since casinos have the games setup so that over the long run they will always win, it's fun if you like losing money.
    The exception being poker. The casino does win in the long run due to the rake, however on a Friday or Saturday night there Are usually plenty of muppets about ready to give you their money.

    Leave a comment:


  • russell
    replied
    Since casinos have the games setup so that over the long run they will always win, it's fun if you like losing money.

    Leave a comment:


  • greenlake
    replied
    Originally posted by SpontaneousOrder View Post
    For those who've ever been to a casino, is it fun?
    A bit like being a tester, maybe....?

    Leave a comment:


  • mudskipper
    replied
    Originally posted by AtW View Post
    How many sledges you'd need to sell to make as much?
    His sledges are gold plated and diamond studded.

    Leave a comment:

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