Thoughts on Gambling

[Psyber]

Article on those MIT cardcounters.

http://www.wired.com/wired/archive/10.09/vegas_pr.html

 

[richardycc]

OT: aren't those mit cardcounters asian? I don't think there are good enough amount of asian actors in hollywood, so where can one audition to be in part of the movie??

 

[Psyber]

Originally posted by: richardycc
OT: aren't those mit cardcounters asian? I don't think there are good enough amount of asian actors in hollywood, so where can one audition to be in part of the movie??

I believe they are of mixed-descent, typically not white. I think they recruited so they wouldn't stand out. Casinoes are full or minorities - I went to mohigan sun a month ago and they have a bus port specifically for Asian buses.

Are they going to make a movie about this? I didn't see anything about a movie

 

[Psyber]

ok I think I'm going to go home now. carry on, carry on....

 

[konakona]

Originally posted by: lilFajita
the house always wins in the long run. that's how the business stays in business.

unless, of course, you are these guys.

so if there is god, he would the one who runs this big table called life

 

[Atomicus]

Originally posted by: gigapet
blackjack is the only game you can beat i thought

Baccara, Blackjack, and craps are the only games with the house having a low percentage of winning.

 

[jyates]

The MIT guys won because they worked together and they played
"by the book" at the black jack table.

I've played quite a bit at vegas and I've seen good runs completely ruined
because of some new player who had to hit a 12 when the dealer was
showing a 6 or less.

You always want the dealer to draw and bust rather than taking a card that might
bust you (if the dealer has a 6 or less showing since most houses they have to
hit at least a soft 17 to stand.

Even doing everything "by the book" doesn't guarrantee success. Some times the
cards just are out to get you

Also, knowing when to split and double down at the correct times will get you ahead also
along with chip management.

 

[adelphi]

http://blackjackscience.com/

i like the part where they mentioned casiono/private eye types that attends these things

 

[spidey07]

Originally posted by: MrChad
The games favor the house. Statistically speaking you are bound to lose money eventually.

this is pretty darn true - but blackjack and video poker "can" be beaten.

I play for entertainment...I absolutely love it. But not to make money.

So my BJ strategy is simply - try to play for as long as possible on my bankroll...if I hit a couple good shoes and play with their money for a while I can get more agressive. Otherwise I back down.

Almost always I'm up at a BJ table unless 3-4 bad shoes drain me. But like most gamblers I have a hard time taking my money and running unless I set a hard rule of when I'm down to 300 of their money I leave, when I have 600 of their money, I leave...when my bankroll is out I leave.

 

[spidey07]

Originally posted by: jyates
The MIT guys won because they worked together and they played
"by the book" at the black jack table.

I've played quite a bit at vegas and I've seen good runs completely ruined
because of some new player who had to hit a 12 when the dealer was
showing a 6 or less.

You always want the dealer to draw and bust rather than taking a card that might
bust you (if the dealer has a 6 or less showing since most houses they have to
hit at least a soft 17 to stand.

Even doing everything "by the book" doesn't guarrantee success. Some times the
cards just are out to get you

Also, knowing when to split and double down at the correct times will get you ahead also
along with chip management.

so how do you view the importance of the last spot? My buddy used to sit there and play two hands - one for him and one for the table. I do a rudimentary counting system following straight play.

that and I always hit on 16 vs. 7,8,9,10,A

 

[Anubis]

i dont mind it but IT SHOULDENT BE ON ESPN EVER!!!!!!!!!!!!!!!!!!!!

 

[adelphi]

just got back from ac (showboat), had a great 2 days 10-15$ blackjack and won 625$
crazier was the gf, she doesn't even know how to play and won a friggin $1000 profit (in 3 hours)
putting in an original $200
then they changed 3 dealers in like 20 minutescause they had almost no greens left
( a whole lotta suits was watching the table because another guy, also winnin like crazy was
betting and winning stack of greens ($25) playing 2 hands at once.....by the time they ask the guy
to leave, citing "sir, you cannot use your son's player card to play".....he had already color in 5
purples (500$)) one of the dealer later said the casino lost 60k to one guy who was betting
few thousand a hand because his wife is leaving him......

oh yea the free room and now free parking was good too