Gambling
Quote
"Emotion
is the greatest killer to any gambler, and if you wear your heart on your
sleeve when you wager, those bookmakers will knock it off like a bad limb."
--Amarillo Slim
Dear Mark,
Over the years, I have moved from being a hack blackjack
player to one who plays perfect basic strategy. To evolve
into an even better player, I am considering counting
cards. How important is memory for those of us who have
our "senior moments"? Also, where can I find
a book on the subject of card counting? Ralph T.
Counting doesn't necessarily
take an abundance of gray matter, Ralph. You already know
that counting establishes mathematically the degree to which
the as-yet-undealt deck favors the dealer or the player.
It does this by tracking the changing imbalance of big and
little cards in the diminishing deck.
Card counters, theoretically, have an advantage, varying
between 0.5% and 1.5%, over the casino. Actual counting
is quite simple.
A deck that has lost many
low cards and is now fat with high cards (10, jack, queen,
king, ace) favors the player, while the reverse case,
an excess of low cards (2, 3, 4, 5, 6) favors the dealer
.All card-counting systems keep track of the ratio of
small cards to big cards remaining in the deck. When that
ratio favors the counting player, he/she bets more money;
when it favors the dealer, the counter bets less.
The simplest count to learn is a one level count, a.k.a.
the Hi-Lo counting system. It assigns the following count
values to each card.
To use the Hi-Lo method, as the new deck begins, there
is as yet no imbalance between the high and low cards
except for the possible discard(s), so you visualize a
zero as the starting figure. As each card is dealt, you
add to or subtract from that imbalance figure the card's
value as shown above
.
For example, you have played a bit, and now the deck is
half gone-26 cards remaining. You've been counting, and
the current imbalance figure that you have been quietly
tracking lies plus-7. Pretty good! If the dealer has to
hit his hand, the remaining 26-card deck is short seven
of the cards he would like to rely on.
But let's say he catches his hand with two small cards
and the count goes to plus-9 with 24 cards remaining.
Many players would bet the farm on the next hand.
You vary your bets, from one hand to the next, guided
by the constantly updated imbalance figure, which predicts
that the next hand will favor you or favor the dealer.
For books on the subject
of card counting, any bookstore would carry publications
on counting, but your best bet is to check at the Gamblers
Book Club (GBC: 800-522-1777). The volume of work on card
counting is extensive, and the Gamblers Book Club probably
has every text ever written on the subject, meritoriously
described in their FREE catalog.
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