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The Challenges of Match Play

Match play has been around for years as a staple of marketing used to attract table game play. Nevertheless, there are still a number of misunderstandings and misconceptions about its value, its use, and its vulnerabilities. In light of the explosion of free play for slots, there is pressure to issue more match play to keep up. Just as determining the cost of free play is a challenge, match play coupons are also a source of complicated and important questions.

By
Eliot Jacobson Ph.D.
June 13, 2013

Can You Count Cards?

Blackjack is a lot of fun – and it’s even more fun if you’re winning. In a typical game, you have less than a 50% chance of winning, so it’s no surprise that skilled players employ various strategies to gain an edge. One surefire way to boost your odds of winning? Learn how to count cards.

By
Louis Wheeler
February 8, 2016

Meet Don Johnson: The Man Who Has Beaten The Casino

It’s not everybody who happily bets enormous sums of money in some of the ritziest casinos on earth – and gets asked to stop playing. This happened to Don Johnson and, along the way, he became a gambling-world legend. In this revealing interview, Johnson, who was recently nominated for a place in the Blackjack Hall of Fame, reveals how it happened, how it grew and how it all regretfully ended.

By
Michael Kaplan
May 15, 2016

Fact-Checking an Article on Donald Johnson in CHANCE Magazine

This post concerns significant errors in the article “Examining a Gambler’s Claims: Probabilistic Fact-Checking and Don Johnson’s Extraordinary Blackjack Winning Streak,” written by W.J. Hurley, Jack Brimberg and Richard Kohar [HBK]. This article appeared in the February, 2014 issue of CHANCE magazine, Vol. 27, No. 1, pages 31-37. Two of the authors, Hurley and Brimberg, are professors in the Department of Mathematics and Computer Science at the Royal Military College of Canada.

By
Eliot Jacobson Ph.D.
March 25, 2014

The Second Loss Rebate Theorem

Loss rebate analysis has been a common topic in this blog. There's a good reason: it is one of the top advantage play opportunities worldwide. Exploiting loss rebates is how Don Johnson crushed Atlantic City. Previously, my key theoretical result was when I proved the Loss Rebate Theorem and gave a spread sheet to help work with that theorem.

By
Eliot Jacobson Ph.D.
February 13, 2014

Advanced Card Counting: Blackjack Strategy Deviations

In Blackjack, Basic Strategy is the series of decisions that a player adheres to so that they can incur the minimal loss of funds over time.  It tells the player when the appropriate time to stand, hit, double down, split and if applicable when to surrender (this where the player surrenders half of their initial bet to the casino).  These actions are determined by computer simulation, and decision points become firm at around 400 million hands.  However; in certain situations it becomes necessary to deviate from this strategy to gain maximum profitability over

By
Nicholas Colon
July 18, 2016

What are the Odds?

What Are the Odds?

Every game in a casino is one of probability. While certain bets you make and actions you take are under your control, the outcome is always dictated to some degree by chance. It’s how you weigh these chances by calculating probabilities and wagering accordingly that will determine whether you win or lose in the long run.

By
Christopher Null
September 1, 2015