How to beat the Casino in Blackjack?

Beating the Casino: There is No Free Lunch
May 3, 2016 – 08:30 pm
1) Investing in new stores

diag1When you are a hardware guy and you live in a time of crisis, sooner or later you find yourself working for some casino equipment company. You become an insider and learn a lot about their tricks. I’ve been in touch with that business for about 30 years. I made a lot of projects for gambling machines which are currently in use, and I had a lot of contact with casino people, both owners and gamblers.

Now I’m sure you expect of me to tell you about the tricks they use to make you spend your money. And I will: there are no technical tricks. This isn’t because they are honest people, but because they don’t need it. Mathematics and Psychology do all the work.

Does the risk of gambling pay off? Mathematically speaking, no – but it’s up to you to decide for yourself. One thing is for certain – whether you decide to gamble or not, it’s good to know how those casino machines work. Know thy enemy.

The Typical Gambler’s Financial Chart

Let’s see how the amount of gambler’s money fluctuates over the course of a typical slot machine game. Player starts with credit S and usually has small loses, but also small gains. Sometimes he wins a larger sum, but in the long run, it’s clear that he is moving towards zero. This is just an example of an average game and while it will not always look like this, most of the time it will. Even if he wins on a good day, you can simply scale the same diagram and apply it over a longer period of his life.

The gambling machine does not “draw” this diagram in advance, it does not even plan more than one step ahead. There is no “secret plan”, but only the simple arithmetic rule which determines the amount of gain, or, in some cases, the probability of winning. When you combine it with the randomization process, you get the diagram, and that’s all.

Formally speaking, the game is fair, and in accordance with the regulations. The odds are fair for both sides, although the casino has a small edge on its side, as it has expenses to cover.

Source: hackaday.com
Interesting facts

Questron is a fantasy role-playing video game series produced by Strategic Simulations, Inc.
In Questron the player takes on the role of a young serf who tries to make a name for himself by traveling the realm in order to gain the power and experience necessary to defeat the wicked "Mantor", ruler of the "Land of Evil".
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Popular Q&A
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How is free blackjack online played?

Some online casinos will provide a Blackjack player with free money. Basically the computer is the dealer and the player competes against the computer to be the first to get 21 or close to 21.

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