BLACKJACK The goal
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ABOUT:
Blackjack, also known as twenty-one or Pontoon, is one of the most popular casino card games in the world. Much of blackjack's popularity is due to the mix of chance with elements of skill, and the publicity that surrounds card counting (keeping track of which cards have been played since the last shuffle). Blackjack's precursor was "twenty-one", which originated in French casinos around 1700, and did not offer the 3:2 bonus for a two-card 21.
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CARD COUNTING :
Basic strategy provides the player with the optimal play for any blackjack situation, based on millions of hands played in the long run. However in the short run, as the cards are dealt from the deck, the remaining deck is no longer complete. By keeping track of the cards that have already been played, it is possible to know when the cards remaining in the deck are advantageous for the player. Card counting creates two opportunities: The player can make larger bets when they have the advantage. The player can use information about the remaining cards to improve upon the basic strategy rules for specific hands played.
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HOUSE ADVANTAGE :
As in all casino games, the house generally has a statistical advantage over the players that will play itself out in the long run. Under the most favorable conditions (single deck, downtown Las Vegas rules), the house advantage over a basic strategy player can be as low as 0.16%. Indeed, casinos offering special rules like surrender and double-after-split may actually be offering a positive expectation to skilled players; they are counting on players making mistakes to make money. Typical conditions are usually 0.5% house edge over a skilled player. The house edge is a statistically determined value that only begins to apply practically over a large number of Blackjack hands. Taking any single hand individually, a player typically has less than 42% chance of winning money. It is over many hands (after profitable double and split situations occur) that the player manages to achieve near 49.5% success rate.
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