How much does blackjack pay?
A natural blackjack traditionally pays 3 to 2, but some casinos pay only 6 to 5, which is worse for players.
A blackjack card counter performs a simple calculation...over and over and over again. The goal is to bet more money when a deck is loaded with big cards 10,Jack, Queen,King, & Ace because the chances of a dealer busting increases. To figure out when the deck favors the player they do the following:
The card counter begins with zero. For every card that appears either they add 1, minus 1, or keep it the same.
If the card is a 2,3,4,5,6 you add 1. If the card is 10,j,q,k,ace you subtract 1. If it's a 7,8,9 the score remains the same.
So, a card counter will bet small while they keep count and if their tally reaches +5 or greater they increase their bet. This system relies on the law of large numbers which says while the bettor will lose or win money on a given day over time the bettor will have the advantage and thus be profitable long-term.
p.s. This is much easier said than done. This formula was introduced in Beat The Dealer in 1966 and the casinos are doing just fine. Good luck!
Reference: "Beat the dealer" - Edward O. Thorp
A natural blackjack traditionally pays 3 to 2, but some casinos pay only 6 to 5, which is worse for players.
"Poker" was the most searched keyword phrase on lycos.com in 2007.
Mathematician Edward Thorp showed that card counting could beat blackjack in his 1962 book "Beat the Dealer."