Blackjack and Probability: Livin' on the (House) Edge

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Of all of the games in a casino, Blackjack is one of the least unfavorable to the player, at least when played with an understanding of the probabilities involved. In this video we cover the rules of Blackjack, and how probability can help you make more informed decisions at the table.
Sources:
Hit or Stand - Blackjack Rules and Strategy: www.hitorstand....
House Edge of Casino Games Compared: wizardofodds.c...
The House Edge in Blackjack: www.gamblingsi...

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7 сен 2024

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Комментарии : 32

@SoulKingBK 11 месяцев назад

This is the best video I’ve ever watched so well produced. I want you for every gambling game. Majong next so I can beat yakuza 0

@emberseves1918 4 года назад

Casinos are mostly illegal for Koreans in Korea (one exception) but allowed for people with other passports in Korea. I sat down at one blackjack table one time at one of these casinos as my only blackjack experience. I noticed too late that the minimum bet was $50 and was already dealt in. I don't remember the cards, but I lost that one hand and quit. These places are mostly for rich traveling business people not teachers like me.

@themathematicsofvice1652 4 года назад

It's kind of shady that they dealt you cards before you placed your bet.

@Savagemister 2 года назад

More often than not, in casinos, the dealer's first card is face up and the second is the hole card. Well, that I've seen anyway.

@denesdolor975 9 месяцев назад

Can you calculate the basic strategy for pontoon where 10s are remove from the 6 decks.

@imrahil_327 4 года назад

Way to slip the Picard quote in there! ;)

@themathematicsofvice1652 4 года назад

The captain is very wise, and his words are doubly wise when speaking of games of chance.

@Dagrizzb 16 дней назад

I've never watched Star Trek in my entire life. And I still know this quote. That is how important it is.

@JohnSmith-kr9bg 3 года назад

Can someone explain how it's possible to consistently lose 6:1 hands wen I play rng blackjack??? Surely this is a fix!? Guaranteed the dealer will 4-5 hands in a row but I'm lucky to 2 in a row. This doesn't seem "random" to me!?

@RolandoAvilaallin 2 года назад

Over a large hand sample size these win/loss streaks occur. To keep the house edge to just 0.5%, play on tables with favourable rules and execute basic strategy perfectly.

@Savagemister 2 года назад

In the short run, anything can happen. An hour later, you might have won 5 or more in a row.

@MX-CO 6 месяцев назад

I have found times where like you I've lost 5-6 in a row , even 10 in a row a few times, Now to try to avoid that. I watch for awhile and if it seems like the dealer is winning more than losing, not breaking much and seems to be making their hand a lot. I don't play there, another rule I set for myself is if I lose 4 hands back to back I walk away from that table, instead of hoping it's gonna get better. So far I've won several times with this method. Dealers seem to have hot and cold streaks and you definitely want to avoid their hot streaks

@Savagemister 2 года назад

10:14, that's backwards

@mathdemigod8162 2 года назад

It's arbitrary

@lostinphil 6 месяцев назад

You played that wrong, with the current count, hitting a 12-16 against a dealer 10 is a must!

@richardgarira 2 года назад

Great explanation

@themathematicsofvice1652 2 года назад

Glad it was helpful!

@mac5856 Месяц назад

Not many single deck games and they never deal even close to a full deck

@burakyldrm1738 7 месяцев назад

Is taking even money a good decision if you have Bj and the dealer has an ace?

@Lownwolf-sm5py 3 месяца назад

Never, unless youre counting cards and the true count is 2 or higher

@ImranSheikh-kb5um Месяц назад

Only in very special cases, and only if you are a card counter.

@user-zu2ge9vs6y 29 дней назад

I want to beat the house/casino

@donjour69 2 года назад

3:29 🧢 "if you make the right decision" so the (~) symbol is supposed to represent an unfixed/ fluctuating house edge? lol any given hand in cards is dependent on the previous deal. disregarding table rules a player can play suboptimal strategy or other players can influence the hand increasing the house edge stupendously in blackjack

@themathematicsofvice1652 2 года назад

Yep! If you make the wrong choices, you can increase the house edge, and you can take advantage of the fluctuating probabilities by counting cards. That'll be a future video, when I have the time :)

@capmendonca Год назад

Except if some how the cards are from some magicians and can be changed

@themathematicsofvice1652 Год назад

True! A lot of casinos won't let the player touch the cards for exactly that reason, and there are cameras pointed at every table.

@MikhoHadou 4 месяца назад

@CarolMuscarello 18 дней назад

The table does not say 3:2. It says 2:1.

@paulklemer 3 года назад

I went over 21 many times

@donarteilacas1294 Месяц назад

Useless video, you should talk about how to count cards to win and to make the true count easy because true count in card counting is hard to do

@bogeys1242 5 месяцев назад

Bad info at 19:10. He says the only thing that can beat your 19 is a 10 card. Nope. An Ace would beat you and push the other player with 21. In fact, if the Dealer has 21 it will be revealed right away and you lose without a chance to tie. And, yes, BJ is one of the worst games to play.

@ImranSheikh-kb5um Месяц назад

All casino games favour the casino. After craps, BJ with good rules offers a player strictly playing basic strategy and counting cards almost as good odds.