[extropy-chat] About ESP, etc.

[Benjamin Goertzel]

yeah you're right ... I guess you can tell I haven't played blackjack for
about 17 years!!!!

On 4/30/07, gts <gts_2000 at yahoo.com> wrote:
>
> On Mon, 30 Apr 2007 13:24:59 -0400, Benjamin Goertzel <ben at goertzel.org>
> wrote:
>
> > -- Basically, you then want to bet more when a lot of "10's etc." have
> > been dealt, and bet less when a lot of "2-6"'s have been dealt. Because
> > you are more likely to get screwed when hit with a "10 etc." than with a
> > "2-6"
>
> You have it exactly backward, Ben. :)
>
> The card-counter increases his wager when a lot of low cards and non-aces
> have been dealt, because the odds favor of the player when the deck is
> rich in high cards and aces.
>
> Two basic reasons why this works:
>
> 1) A preponderance of high cards in the deck works against the house
> because the dealer must hit to reach 17 or better on a stiff hand (12 thru
> 16), likely busting with a high-card, while the player can avoid going
> over 21 by standing on a stiff.
>
> 2) A preponderance of high cards + aces in the deck works in favor of the
> player because of the increased probability of someone at the table
> getting a blackjack. It could be the dealer who gets a blackjack, but
> blackjacks favor the player over the dealer because of the asymmetry in
> the payoffs: blackjacks pay a player 1.5 x the original bet only 1x for
> the dealer.
>
> -gts
>
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