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Blackjack expert Henry Tamburin discusses the difference
between playing the basic strategy and counting cards
by Henry
Tamburin
It may seem strange, but it’s true, that blackjack playing conditions
that favor a skilled blackjack card counter are not necessarily the best playing
conditions for an average basic strategy player. How can this be? I’ll
explain.
Let’s first look at the average blackjack player that knows most, or
ideally all, of the basic playing strategy. The latter is the mathematically
correct way to play every hand dealt to you and it should be learned before
you play because it will significantly reduce the house advantage against you.
Notice I said, “reduce”, eliminate, the house edge against you.
The fact of the matter is that even though the basic playing strategy is a
must-learn first step for anyone that wants to be a skilled player, the casino
will still posses a tiny edge over you when you play (about 0.5% in most multi
deck blackjack games). This means the basic strategy player stands to lose 0.5%
of each wager made at a blackjack table. That’s fifty cents in expected
losses for every $100 worth of bets. Sort of like a hidden tax which you pay
the casino every time your wagers total $100.
I know it doesn’t seem like much money but most blackjack players make
a lot of bets in their lifetime and so their actual loss can amount to a lot
of money.
The point is that since all basic strategy players face a negative expectation
(that’s the mathematical way of saying that the house has the advantage),
the more money that a basic strategy wagers in their lifetime, the more money
they stand to lose. Sure, in some playing sessions, basic strategy players will
get the cards coming their way and they will be big winners. In others, they’ll
wind up with all losing stiff hands. But in the long run when you add the up
the amount won and compare it to the amount lost, you’ll wind up in the
red. It has to be because the casino has the math working in their favor (remember
that hidden tax) and after many playing sessions that tiny house edge will take
eventually take its toll on your playing bankroll
So what’s a basic strategy player supposed to do about all this?
Try s-l-o-w-i-n-g down your game. How? For one, play at crowded blackjack
tables rather than empty tables. The reason is because if you play at a blackjack
table filled with 6 or 7 players you’ll be dealt less hands per hour and
decrease your exposure to that 0.5% casino advantage. Look at these numbers
to see what I mean.
Player plays at full table and is dealt 60 hands per hour. Assume $10 average
bet this means in one hour the player stands to lose $3 due to the house edge
($10 average bet times 60 hands per hour times 0.5% house advantage =$3).
Note that the $3 is an average theoretical loss and most likely the player will
win more or lose less than $3 after an hour of play. But over time the math
will begin to take its toll and the player will average a loss of $3 per hour
due to casino’s small, but real, 0.5% edge.
Let’s suppose instead our basic strategy player opts to play at a less
crowded blackjack table with only 1 or 2 other players. Yes, he’s got
more elbow room but it comes at a price. With fewer players, the dealer will
deal more hands per hour and the game gets faster. Instead of being dealt 60
hands per hour, players will get about 150 hands per hour. Now do the math.
10% average bet times 150 hands per hour times 0.005% = $7.50 average loss
per hour.
All of a sudden, the $3 per hour theoretical loss zooms to $7.50, or slightly
more than double the hourly loss rate. Notice that nothing about the game has
changed except the speed.
The bottom line is that it’s more beneficial for basic strategy players
that have a negative expectation to play on crowded tables rather than uncrowded
tables because it reduces their long-term losses.
Now what about a blackjack card counter? Unlike the basic strategy player that
faces a negative expectation, the card counter has turned the tables on the
casino and has a positive expectation (i.e. the card counter has the advantage
over the casinos).
In this situation, the card counter stands to earn about 0.5 to 1.0% of every
wager made. So card counters will win more the greater number of hands the dealer
deals per hour. This is why card counter’s prefer to play solo or with
as few players as possible (there are other reasons but this is the main one).
What else can make a blackjack game fast and increase a basic strategy player’s
losses? How about those new Continuous Shuffling Machines (CSM’s) that
many casinos have implemented on their blackjack tables?
A CSM is an automatic shuffler with this characteristic. After each round (or
several rounds) the dealer will place the discards back in to the CSM to be
randomly reshuffled with the unplayed decks of cards (usually a CSM uses 4 or
5 decks of cards). In other words, the cards go round and round (like playing
against an infinite deck of cards) and the dealer never pauses to manually reshuffle
the decks. No pause means the dealer can deal more hands per hour. About 20%
more on average and that’s not good for the basic strategy player because
that means the player’s hourly theoretical loss will increase by 20% (remember
that fifty cent tax you play per hand). So the bottom line is that basic strategy
players should stay away from playing blackjack on tables that use a CSM.
Speed might be good if you are in a race, but when it comes to playing blackjack
speed will kill the average player’s bankroll. So learn to slow down your
play and you’ll wind up losing less money in the long run.
Henry
Tamburin
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