Blackjack and Probability: Livin' on the (House) Edge

Of all of the games in a casino, Blackjack is one of the least unfavorable to the player, at least when played with an understanding of the probabilities involved. In this video we cover the rules of Blackjack, and how probability can help you make more informed decisions at the table.
Sources:
Hit or Stand - Blackjack Rules and Strategy: www.hitorstand.net/strategy.php
House Edge of Casino Games Compared: wizardofodds.com/gambling/hou...
The House Edge in Blackjack: www.gamblingsites.com/blog/th...

Пікірлер: 26

  • @SoulKingBK
    @SoulKingBK9 ай бұрын

    This is the best video I’ve ever watched so well produced. I want you for every gambling game. Majong next so I can beat yakuza 0

  • @emberseves1918
    @emberseves19183 жыл бұрын

    Casinos are mostly illegal for Koreans in Korea (one exception) but allowed for people with other passports in Korea. I sat down at one blackjack table one time at one of these casinos as my only blackjack experience. I noticed too late that the minimum bet was $50 and was already dealt in. I don't remember the cards, but I lost that one hand and quit. These places are mostly for rich traveling business people not teachers like me.

  • @themathematicsofvice1652

    @themathematicsofvice1652

    3 жыл бұрын

    It's kind of shady that they dealt you cards before you placed your bet.

  • @richardgarira
    @richardgarira2 жыл бұрын

    Great explanation

  • @themathematicsofvice1652

    @themathematicsofvice1652

    2 жыл бұрын

    Glad it was helpful!

  • @Savagemister
    @Savagemister2 жыл бұрын

    More often than not, in casinos, the dealer's first card is face up and the second is the hole card. Well, that I've seen anyway.

  • @denesdolor975
    @denesdolor9757 ай бұрын

    Can you calculate the basic strategy for pontoon where 10s are remove from the 6 decks.

  • @EricTanHold
    @EricTanHold Жыл бұрын

    What is the blackjack house edge if early surrender possible?

  • @Savagemister
    @Savagemister2 жыл бұрын

    10:14, that's backwards

  • @mathdemigod8162

    @mathdemigod8162

    2 жыл бұрын

    It's arbitrary

  • @chrisschoenthal3725
    @chrisschoenthal37253 жыл бұрын

    Way to slip the Picard quote in there! ;)

  • @themathematicsofvice1652

    @themathematicsofvice1652

    3 жыл бұрын

    The captain is very wise, and his words are doubly wise when speaking of games of chance.

  • @JohnSmith-kr9bg
    @JohnSmith-kr9bg3 жыл бұрын

    Can someone explain how it's possible to consistently lose 6:1 hands wen I play rng blackjack??? Surely this is a fix!? Guaranteed the dealer will 4-5 hands in a row but I'm lucky to 2 in a row. This doesn't seem "random" to me!?

  • @RolandoAvilaallin

    @RolandoAvilaallin

    2 жыл бұрын

    Over a large hand sample size these win/loss streaks occur. To keep the house edge to just 0.5%, play on tables with favourable rules and execute basic strategy perfectly.

  • @Savagemister

    @Savagemister

    2 жыл бұрын

    In the short run, anything can happen. An hour later, you might have won 5 or more in a row.

  • @MX-CO

    @MX-CO

    3 ай бұрын

    I have found times where like you I've lost 5-6 in a row , even 10 in a row a few times, Now to try to avoid that. I watch for awhile and if it seems like the dealer is winning more than losing, not breaking much and seems to be making their hand a lot. I don't play there, another rule I set for myself is if I lose 4 hands back to back I walk away from that table, instead of hoping it's gonna get better. So far I've won several times with this method. Dealers seem to have hot and cold streaks and you definitely want to avoid their hot streaks

  • @lostinphil
    @lostinphil3 ай бұрын

    You played that wrong, with the current count, hitting a 12-16 against a dealer 10 is a must!

  • @burakyldrm1738
    @burakyldrm17384 ай бұрын

    Is taking even money a good decision if you have Bj and the dealer has an ace?

  • @Lownwolf-sm5py

    @Lownwolf-sm5py

    Ай бұрын

    Never, unless youre counting cards and the true count is 2 or higher

  • @MikhoHadou
    @MikhoHadouАй бұрын

    Mm

  • @donjour69
    @donjour692 жыл бұрын

    3:29 🧢 "if you make the right decision" so the (~) symbol is supposed to represent an unfixed/ fluctuating house edge? lol any given hand in cards is dependent on the previous deal. disregarding table rules a player can play suboptimal strategy or other players can influence the hand increasing the house edge stupendously in blackjack

  • @themathematicsofvice1652

    @themathematicsofvice1652

    2 жыл бұрын

    Yep! If you make the wrong choices, you can increase the house edge, and you can take advantage of the fluctuating probabilities by counting cards. That'll be a future video, when I have the time :)

  • @capmendonca
    @capmendonca Жыл бұрын

    Except if some how the cards are from some magicians and can be changed

  • @themathematicsofvice1652

    @themathematicsofvice1652

    Жыл бұрын

    True! A lot of casinos won't let the player touch the cards for exactly that reason, and there are cameras pointed at every table.

  • @paulklemer
    @paulklemer3 жыл бұрын

    I went over 21 many times

  • @bogeys1242
    @bogeys12422 ай бұрын

    Bad info at 19:10. He says the only thing that can beat your 19 is a 10 card. Nope. An Ace would beat you and push the other player with 21. In fact, if the Dealer has 21 it will be revealed right away and you lose without a chance to tie. And, yes, BJ is one of the worst games to play.