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  2. Blackjack - Wikipedia

    en.wikipedia.org/wiki/Blackjack

    Blackjack players using basic strategy lose on average less than 1% of their action over the long run, giving blackjack one of the lowest edges in the casino. The house edge for games where blackjack pays 6 to 5 instead of 3 to 2 increases by about 1.4%, though. Player deviations from basic strategy also increase the house edge. Dealer hits soft 17

  3. Card counting - Wikipedia

    en.wikipedia.org/wiki/Card_counting

    Card counting is based on statistical evidence that high cards ( aces, 10s, and 9s) benefit the player, while low cards, (2s, 3s, 4s, 5s, 6s, and 7s) benefit the dealer. High cards benefit the player in the following ways: They increase the player's probability of hitting a Blackjack, which often pays out at 3 to 2 odds (although some casinos ...

  4. Four Horsemen of the Apocalypse (blackjack) - Wikipedia

    en.wikipedia.org/wiki/Four_Horsemen_of_the...

    Four Horsemen of the Apocalypse is the name given by gambling authors [1] [2] to the four U.S. Army engineers who first discovered in the 1950s the best playing strategy in the casino game of Blackjack that can be formulated on the basis of the player's and the dealer's cards. The so-called Basic Strategy, which was subsequently refined through ...

  5. MIT Blackjack Team - Wikipedia

    en.wikipedia.org/wiki/MIT_Blackjack_Team

    Blackjack can be legally beaten by a skilled player. Beyond the basic strategy of when to hit and when to stand, individual players can use card counting, shuffle tracking, or hole carding to improve their odds. Since the early 1960s, a large number of card counting schemes have been published, and casinos have adjusted the rules of play in an ...

  6. Edward O. Thorp - Wikipedia

    en.wikipedia.org/wiki/Edward_O._Thorp

    Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Thorp is the author of Beat the Dealer, which mathematically proved ...

  7. Glossary of blackjack terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_blackjack_terms

    2. The best possible hand in the game blackjack, made up of an ace and a card valued at 10 (namely, 10, J, Q, K). bust Having a total over 21. bust card The individual card that brings the hand's total over 21. basic strategy A collection of actions that will offer the best odds off the top of the deck.

  8. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The set of the optimal plays for all possible hands is known as "basic strategy" and is highly dependent on the specific rules, and even the number of decks used. Good Blackjack and Spanish 21 games have to house edges below 0.5%. Online slot games often have a published return to player (RTP) percentage that determines the theoretical house ...

  9. Aces and eights (blackjack) - Wikipedia

    en.wikipedia.org/wiki/Aces_and_eights_(blackjack)

    Aces and eights (blackjack) Two aces and two eights in a standard deck of playing cards. Splitting aces and eights is part of blackjack basic strategy. Rules vary across gambling establishments regarding resplitting, doubling, multiple card draws, and the payout for blackjack, and there are conditional strategic responses that depend upon the ...