In this post, I gave details about edge sorting Mississippi Stud (MS) by considering the sort where Jacks are oriented in one direction, while non-Jacks are oriented in the opposite direction. The question arises if there is an improvement over the Jack/non-Jack sort? Can the AP do better than 39.489%?

When loss rebates are offered as a strict rebate on total losses, without a time or play requirement, practically any game can be beaten. Roulette takes this theorem to the extreme, giving absurdly short average play times. This implies pure hit-and-run style play for the AP.

I thought I had completed my work on loss rebates when I published the First Loss Rebate Theorem (LRT1) in this post. Then my dog gave me a good idea on how to get a closed form for the quit-win and quit-loss points and it worked.

I recently went to Gambler's General Store in Las Vegas and looked through their cards for sale. I segregated the cards by the pattern on the back-side and purchased one deck for each unique distinct design I observed. Altogether, I purchased 14 decks.

Casinos use loss rebates as an incentive to draw high-limit play. The player who wins gets to keep 100% of his winnings. The losing player is given back a certain percentage of his losses as a direct cash rebate. Typical rebates range from 5% up to 20%, depending on the player’s bankroll and average bet.

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.