Author: Staff (Page 10 of 29)

Mathematical models to beat the casino

Some players believe that you have a fair chance against the house at blackjack, unlike other casino games. Common blackjack tactics involve the use of mathematics, but not always in the way most people think. The idea behind these tactics is to for the player to gain a mathematical edge over the house, which may involve a complex system or simply getting the casino to alter its rules.

Creating an Edge

Both famous gamblers, Nick the Greek and Don Johnson used the same type of method to get a mathematical edge over the house. By getting ahead of the house, the gamblers increased their odds of bigger and more consistent wins.

In Las Vegas during the 1950s and 1960s, Nick used a system designed to get the house to change its usual rules and make concessions on the blackjack table. He would play purposely to break close to even on many blackjack games in a row.

The tactic earned Nick a high roller status, making the casinos accommodate him to keep his business. By making consistent concessions to keep Nick gambling in the casino, such as pushing an extra bet each hour, Nick began to earn a mathematical edge over the house.

Don Johnson used casino loss-rebates in Atlantic City in 2011 to a similar effect. In order to get Don’s business, a one million dollar deposit in the casino’s cage, a casino would have to give him a 20 percent rebate on his losses and raise the blackjack table limit to $100,000.

Don would not receive the rebate until his losses totaled at least $500,000 as part of the arrangement, but these concessions gave Don an edge over the casinos mathematically speaking. Don could quit after a few hands and take very few losses, depending on how he bet and played.

Card Counting

A common, more simple mathematical model in blackjack is card counting. The player keeps track of the cards played from the deck, allowing him to determine when the deck has cards that will work in his favor.

In most card-counting systems, the player keeps track of all low and high cards he has seen come out of the deck during the game. The player uses the information to temper bets, limit losses and change playing strategies during the game based on the remaining cards in play.

A player does not need superior math skills to count cards, but he must be observant and able to remember what he’s seen. The player will not want to draw unwanted attention by writing items down or doing other things usually not permitted at a table.

There are many distractions during live blackjack, including background casino noise. Being able to keep track of the drawn cards without attracting the dealer’s attention is vital for a card-counting tactic.

Using a card-counting strategy online may or may not work. If the player doesn’t have a live dealer online, he can still base his tactics on how the virtual dealer is dealing.

Get ready for Outlook.com

Microsoft is moving all of their mail properties to Outlook.com, so say goodbye to Hotmail.

With the release of new Office and the upcoming release of Windows 8, Microsoft is completely overhauling their mail properties. It will be interesting to see if this is a great leap forward or whether it will become another fiasco like Vista.

In many ways, it sounds like it has too many features, which we’ve come to expect from Microsoft, and many of the features seem to be huge time wasters.

Tablet revolution is accelerating

The switch from laptops to tablets is accelerating, and this fall we’ll see an avalanche of new products like the Surface from Microsoft.

In some ways, the death of the laptop is being exaggerated. Most people who are getting tablet computers are also buying tablets. Sure, some people will replace their laptop with a tablet, and new consumers may choose a tablet over a laptop, but laptops will still be essential for most business people and students.

Still, you have to wonder what some companies like HP are doing. They risk being left behind as Microsoft bypasses them and they don’t have their own tablet solution.

Parents holding Facebook back

Would you invite your parents to a party you’re having with your friends? Probably not, unless you’re maybe 35.

This reality helps explain why teens and college kids are spending less time on Facebook – their parents are there as well. This is obviously very bad for Facebook, which is having all sorts of problems since it went public.

I remember hearing teens I know tell me how they use Facebook less and have moved to new options like Twitter. They didn’t mention their parents, but the reason was obvious.

It’s not the only issue of course. Social media has made some teens much more careful about who they have around when they do stuff like smoke and drink, as everyone now has a camera on their phone. The times they are a changin’!!

Online poker creating strange bedfellows

An interesting year for the online poker community is getting even more interesting. Ever since the December announcement from the US Department of Justice changing their stance on the usage of the Wire Act of 1961, the poker world has been turned upside down. Many are excited over the potential of having a new regulatory environment for playing poker online, either in major states or at the federal level.

Of course many are hoping for federal legislation, and that’s making for some very interesting political bedfellows. The most interesting involves Harry Reid and Dean Heller, the two Senators from Nevada. Naturally, both of them have a huge interest here, as the casinos corporations in that state have a serious stake in the matter. But Reid is a Democrat and majority leader in the Senate, and Heller is a Republican who is up for election this year, with Reid naturally backing his Democratic challenger. The article lays out how they’re both working to get poker legislation passed, but it’s a delicate matter and both sides want it to happen without benefiting the other side too much politically. Like I said, the issue is creating strange bedfellows.

Something will happen here eventually. The states are anxious to move on this, as many people agree that poker is a game of skill, and states would like to get a cut by regulating the game.

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