1. Joined
    11 Nov '05
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    43938
    20 Aug '08 12:47
    Originally posted by Dejection
    Im not saying overall, I'm saying that since the casino has relativley infinite amount of money compared to the player, the player will lose all his money first, and thus be unable to continue playing. Unfair, but that's what happens if you keep on gambling, again and again (many gamblers seem to do this).
    "relativley infinite"? What does this mean?
    Does it mean that infinite can be more or less?
  2. Joined
    12 Sep '07
    Moves
    2668
    20 Aug '08 12:58
    infinite compared to your capital. My point is that the casino has a lot of money.
  3. Joined
    15 Jun '06
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    16334
    20 Aug '08 16:02
    This thread is a lie... a skilled blackjack player can have up to a 1% advantage on the house and if said player uses the kelly critereon then he will take all the casinos money given enough time.
  4. Joined
    15 Jun '06
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    16334
    20 Aug '08 16:06
    Originally posted by PBE6
    Actually, this is a myth. It's legal so long as you don't use any outside assistance (i.e. electronic card counting devices and the like). The casinos just won't let you play if they notice you raising and lowering your bets in accordance with the distribution of the cards.
    Actually this hasnt been tested... the law that bans this is sketchy and maybe unconstitutional... if you use outside assistance purely for counting cards... but casinos are privately owned so the owner can kick you out if he wants and many wont let known card counters play.
  5. Joined
    15 Jun '06
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    16334
    20 Aug '08 16:141 edit
    Originally posted by moteutsch
    The idea of card counting is simple: A's and 10's are better for the player, while lower cards are better for the dealer. The better the odds of winning are, the more you bet.

    In a simple system, you add 1 for 10s and As and remove one for 2-6s. The higher the count, the more you bet (there is aspecific amount you're supposed to bet but I can't think of to do something like that.

    Thanks for reading through all of my spelling mistakes!
    You got it backwards buddy... 2-6 you add one the reason being there is now more high cards in the deck and more chance of you getting blackjack and when 10-A appear you subtract one because there is less higher cards in the deck... but thats just the high-low system the simplest and most effective with 6 decks but the lower the amount of decks and you would be better off using different counting methods.

    EDIT: and that specific amount is a complicated formula that changes depending on the count and the specific cards that are dealt around the table.
  6. Joined
    15 Jun '06
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    16334
    20 Aug '08 16:21
    Originally posted by Dejection
    I have a friend, he used to be a professional card counter. He told me that usually in blackjack, the casinos win about 52.5% of the time. He had taught me a strategy that he claimed to reduce this (without card counting) down to a ~50.4% win rate for the casino. I would assume that counting would reduce this to less than 50%, but I'm not sure. Anyway, he ...[text shortened]... d playing after he was beaten up for counting. I'd hesitate to believe what he told me though.
    with perfect strategy and no cardcounting at all then the house only has a .5% advantage.
  7. Joined
    12 Sep '07
    Moves
    2668
    22 Aug '08 01:05
    Some people know more than me.
  8. Joined
    17 Feb '08
    Moves
    6797
    28 Aug '08 04:45
    What of craps?
    I always thought if you played your odds correctly there you can come out ahead.
  9. Joined
    15 Feb '07
    Moves
    667
    28 Aug '08 12:22
    Originally posted by tamuzi
    What of craps?
    I always thought if you played your odds correctly there you can come out ahead.
    Well, craps does give you the option of siding with the casino in your bets.
  10. Joined
    24 Aug '07
    Moves
    48477
    19 Sep '08 08:24
    Sorry, I'm new to this post and haven't read all the posts. I live in a casino state and go all the time. The three best ways to win are blackjack, video poker, and table poker (against other players ... not carribean stud or that mess).

    Blackjack gives perhaps a minute advantage. Doubling down and blackjack paying 1.5-1 are the advantages. You can surely find a colored strategy chart online. You just have to play solid and patiently. You need more than a few bets to play too for the luck swings. I'd say at least 50 bets or so. The bad part of blackjack is that you play for hours and only average winning one or two bets an hour over time with correct strategy. It is really is just like a real job if you do it right, which takes the fun out of it.

    Table poker is the same way. You have to really learn to play and watch out for the sharks at first. After you pick up the game, it too becomes just like a job. Decisions are always made for the long run. Theoretically each individual session doesn't matter, but it can sure hurt sometimes to go home broke doing the "right" thing. Always have at least 50 big bets on the table and 1000 bets in reserve for the stakes your playing. Good players average 2-4 big bets per hour.

    Video poker is supposedly a game that can be beat too. They have random number generators that slots don't have. They, unlike slots, can't be programmed to lose. You have to look for the machines with good pay charts and play patiently. Over time you should win money with correct play.

    All the other games are considered unbeatable over the long run.

    If you just want about even chances though, one big bet on red or black at roulette won't kill you. There are 18 ways to win and 20 ways to lose (thanks to 0 and 00 green). You take the worst of it, but don't make a habit of it or those to greens will break you.

    I like slots too. They don't really win often. They break you big time in the long run. On the other hand, when you do win (rarely) you come out with big money. You can win $10,000 on a $2 10X machine jackpot. Can you imagine earning $ 10,000 at one bet per hour in blackjack or poker? You don't get those big payouts in those games.
    I like to just play $60 in a $5 machine sometimes too. You don't have to hit a big jackpot at those stakes to win $200. The small hits pay pretty good. You don't want to lose to many credits doing this though, or you'll go broke in a hurry.

    I'd say blackjack and video poker are the way to go to win. Like I said though, it's a long process. There is no such thing as easy money.
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