Ask The Wizard #91
What impact do 'free Ace' promotional coupons have on the house edge when utilizing a continuous shuffler?
I've received numerous inquiries about this, prompting me to include a section addressing it. In brief, the coupon has a value slightly exceeding 50% of its stated amount. For further information, please visit my blackjack appendix 14 for all the details.
I’d appreciate your insight on a particular NFL pool. Each ticket is priced at $25 and consists of three randomly selected teams arranged in a specific order. The ticket holder with the top three scoring teams in the correct sequence wins $1000 each week. What value does each ticket hold in this scenario?
With 32 teams participating across 17 weeks of the NFL season, the odds of winning any week are 1 in 32 multiplied by 31 multiplied by 30, which calculates to 29,760. Therefore, the expected value of each ticket amounts to $1000 multiplied by 17 divided by 29,760, equating to approximately 57.12 cents. Thus, the expected return is 2.28%, correlating to a house edge of 97.72%!
Michael, someone recently questioned you about the relevance of the number of decks in blackjack if one isn’t keeping track of the cards. You mentioned that the difference primarily lies in the variations of stiff hands that can occur. This is because the emergence of a small card may likely precede a larger one, and vice versa. Can you explain how that works if card counts aren’t being tracked?
All blackjack professionals agree that the house edge tends to decrease as the number of decks diminishes, assuming all other factors remain unchanged. However, articulating why this happens can be complex. For instance, it’s valid to assert that you have an increased chance of drawing one small card alongside one large card in a single-deck game rather than in a multi-deck one. If we categorize small cards as those numbered 2 through 6, and large cards as any face card or ace, then the likelihood of drawing one of each in a single deck is calculated as 2 multiplied by (20/52) multiplied by (20/51), resulting in approximately 30.17%. In contrast, with 8 decks, the odds are 2 multiplied by (160/416) multiplied by (160/415), yielding about 29.66%. While stiff hands can lead to varying outcomes, players can choose to stand on such hands, whereas the dealer must act differently.
Is there any software available that counts cards while you enter them? Would this be applicable for playing online blackjack, or does online blackjack shuffle the cards after each round?
Indeed, there is. I recommend checking out Beejack. Although most casinos shuffle the deck after every single hand, not every one follows this rule. I am unsure of the practicality of using this tool, but if you decide to try it, I’d love to hear about your experience; it might interest me as well.
Caution: The link leading to Beejack was removed in 2014 due to potential virus concerns associated with that site. Please proceed with care.
You've already taught me effective strategies to profit from playing Craps. Thank you! Now your website is guiding me through the nuances of Blackjack. I have a question: when you hold two 5's and decide to double down, you instruct to place an additional wager alongside the initial bet. How does the dealer distinguish that you intend to double down rather than split? I appreciate your help! Your site is amazing!
I appreciate your kind words! To clarify, the dealer will typically ask you to confirm what action you wish to take. Generally, all decisions in blackjack should be clear, but this is an exception. If you’d rather not be questioned when it’s your turn, lifting your index finger signals that you want just one additional card, a gesture most dealers will automatically recognize. Interestingly, I learned just yesterday that in Bulgaria, you signify your intent to double by placing your extra wager behind your initial bet, while to split, you place it beside your original stake.
Another reader reached out to inform that in North Dakota, the state law has adopted the Bulgarian doubling and splitting regulations.
In Ontario, players have the unique opportunity to 'piggyback' off an existing blackjack player instead of waiting for a spot at a full table. When the lead player decides to double down or split, the piggybacker has the option, but is not obliged to follow suit. If the leading player chooses to split and the piggybacker opts out, the original wager of the piggybacker transfers to the first hand resulting from the split of the primary player. This could prove advantageous in certain scenarios, such as with an 8 and an 8 against a 10. In this instance, the expected value of 16 against a 10 is less than the expected value of 8 against a 10, hence the primary player should split while the piggybacker should hold. This effectively transforms the piggybacker’s 16 into an 8 at no cost. Assuming optimal basic strategy from the lead player, what would be the impact on the house edge for the piggybacker? If the lead player coordinates with the piggybacker to maximize total winnings, with the lead betting $5 and the piggybacking betting $100, is it feasible to counter the house edge?
I've witnessed this rule applied at the Montreal casino too. Indeed, it's an excellent scenario for player collaboration, where the seated participant makes smaller bets and executes plays that benefit the larger back bettor. Basic Blackjack Stanford Wong's literature delves deeply into this subject. Numerous adjustments to the splitting strategy are recommended; for example, the seated player should always split pairs of twos, while the back bettor plays both hands only against a dealer showing a 4 to 6, or otherwise plays one hand. Following Wong's comprehensive strategy can lower the house edge by 0.2%.
Does losing a hand in blackjack enhance the likelihood that the remaining deck favors you? More specifically, can your expected return on a hand ever be positive following a net loss since the last shuffle?
While lacking additional context, if you have just lost the previous hand in blackjack, there is a marginally higher probability that more small cards have recently left the deck, making the remaining deck richer in higher cards and thus potentially lowering the house edge. However, I suspect this is a negligible effect. Nonetheless, it underscores that if you must utilize a betting strategy, one that escalates your bet following a loss tends to be more advantageous than one that increases your stake after a win. I am reluctant to document this assertion because I fear system marketers may misinterpret it as an endorsement of strategies, which I do not advocate.
I came across your casino reviews and I'm interested in trying Club Dice. Concerning the information provided on their website, it states that bonuses will be deducted from your account once you initiate a cash withdrawal, even if you have met the wagering requirements. What exactly does this imply about the nature of the bonus?
This is termed a \"sticky bonus,\" a concept that isn’t exclusive to online casinos. When I visited Germany, I had to pay an entry fee of 20 Deutsche Marks, but if I purchased 100 Deutsche Marks in chips, they provided an additional 20 in sticky chips for free. A sticky bonus or sticky chip cannot be cashed out; however, any winnings accrued from using it are cashable. To dispose of sticky chips, you simply continue to wager until they are lost. With internet casinos, you need to continue cashing out your winnings while keeping the sticky bonus intact in your account, then return to play again.
Recently, at a casino in Miami Beach, I encountered a promotion offering a 100% bonus for a $1000 deposit. Ultimately, I ended up losing $1650 and attempted to withdraw my remaining balance of $350, only to be refused on account of the $1000 bonus being classified as sticky. Consequently, I continued playing and cashing out whenever my balance exceeded $1000. Ultimately, I successfully cashed out 7 or 8 times, totaling $4700.
Over the long term, sticky bonuses compel players to increase their betting frequency. The expected value derived from a sticky bonus approaches 100%, minus twice the house edge in games that have even-money payouts.