Archive for October, 2008

How Twenty-One Became Blackjack

Tuesday, October 14th, 2008

According to Richard Epstein, blackjack became popular during World War I, and was called “black-jack” from the practice of paying a bonus to a player who held an ace of spades with a jack of spades or clubs. John Scarne puts the year when this curious rule first appeared at 1912, when twenty-one tables appeared in horse-betting parlors in Evanston, Illinois. I believe Epstein’s information is taken from Scarne, and Scarne states that he discovered the origins of blackjack in America as a result of his private discussions with old-time gamblers, not from any published texts that can be looked up today.

I am skeptical of much of what Scarne has written about history of blackjack, so I’ll quote from Mickey MacDougall’s MacDougall on Dice and Cards, which was published prior to any of Scarne’s books: “Many professionals dress up the game by giving prizes for certain hands. A favorite stunt is to offer ten times the size of the wager to anyone holding a natural twenty-one with a black jack. This adds interest to the game, but it also tempts a player to increase his stakes.”

I would also assume that a gambling house that offered this bonus would be using any number of illegitimate methods to assure the house a healthy edge.

Thorp was keeping the casinos on the run.

Thorp also included a Simple Point Count in this new edition of his book, but at the time that strategy seemed way too simple to most players to gain much of an edge, or to be taken seriously by players who wanted to beat the game. Later, the power of Thorp’s simpler method of adjusting the running count, without keeping a separate count of the exact number of cards played, would be shown.

That curious bonus payout that gave blackjack its name, however, has long since disappeared. There may be some casino somewhere that pays a small bonus if a player is dealt a natural 21 which includes a jack of spades or clubs, but that is no longer a normal rule of the game. Today, a blackjack is simply any initial two cards that consist of an ace and any ten-valued card.

That’s when Ed Thorp dropped another bombshell. Under the auspices of their Vintage Paperback division, Random House published a revised and expanded edition of Beat the Dealer. And the most important addition was Harvey Dubner’s Hi-Lo counting system, which Thorp called the Complete Point Count, with a computer-optimized strategy devised by Julian Braun. To the casinos’ frustration, this was a system that could more easily be applied to multiple-deck games.

Blackjack and wonging: a story of success

Monday, October 13th, 2008

In 1975, Stanford Wong came out with Professional Blackjack. The casinos looked for card counters by watching for their betting spreads. It had never occurred to the casinos that a counter might be watching a table from the aisles, waiting for an advantageous count before jumping in to bet.

The counting system Wong published was the Hi-Lo Count, and like Revere’s count, used the easy divide-by-remaining-deck(s) approach to running count adjustments. Wong had a Ph.D. in economics from Stanford University, hence his pseudonym. As four-deck shoes were the most widely available games in Las Vegas by that time, this original approach was brilliant.

So, at last, some twelve years after one his friend had proposed the Hi-Lo count values, his system was available in a format both fully optimized with strategy indices, and presented with a simple methodology of play. This playing style has since become widely known as wonging.

How Atlantic City became top gambling destination

Saturday, October 11th, 2008

In 1978, Resorts International opened in Atlantic City, the first legal East Coast casino in the twentieth century. Their four- and six-deck blackjack games offered a new form of surrender, dubbed by card counters as “early surrender,” since the casino allowed players to surrender half a bet even when the dealer showed an ace or 10 up, and before the dealer checked for a blackjack. This rule gave basic strategy players a small edge over the house right off the top, without any card counting whatsoever! And the advantage to card counters was even greater. And, ironically, Resorts International was soon the most profitable casino in history, winning an average of $450,000 per day. From opening day, card counters had a field day at Resorts’ tables. A team of professional blackjack players whose founders were from Czechoslovakia that had been playing in Las Vegas flew all of their members to Atlantic City to take advantage of this new surrender rule. Within a year, he had organized about twenty of his college and golfing buddies into a team of blackjack players. Hyland’s team continues to this day as one of the most successful casino gambling operations in history.

It was also in 1978 that the first MIT blackjack team was started. This team actually consisted of students from MIT, Harvard, and other East Coast colleges. Johnny C.j now a legendary player who joined the team in 1981, plays high-stakes blackjack to this day and continues organizing teams of professional players. College kids found that they could pool their money, play blackjack with a modicum of intelligence, and get rich quick.

In fact, it was a combination of that easy-to-beat early surrender game and Ken Uston’s The Big Player that had just been published in 1977 that worked together to create an environment where new teams of smart young kids could make millions playing blackjack.

Couple of Common Mistakes in Blackjack

Friday, October 10th, 2008

Mistake: The most common mistake beginners make is to stand too often on their stiff hands (12,13,14,15, and 16). Players are naturally afraid to hit these hands because every one of them could bust (make a total of 22 or more) with a single hit. But when the dealer has a high card (7, 8, 9,10, or ace) showing, your best odds of winning come from hitting and giving yourself a chance of making a better total.

Some beginners think the best way to play is to play the same way the dealer plays: Hit all sixteens and stand on all seventeens. This is not true. The object of the game is not to make a hand as close to 21 as possible, but to beat the dealer. Often the best way to do this is to stand with a low total, sometimes as low as 12.

Tip: Here’s how many players think: If I hit this 14, I risk busting my hand right here and now. But maybe the dealer has a 6 in the hole. If I don’t take a hit, my hand still has a chance. Maybe the dealer’s hand will bust.

Every player is afraid that he will be responsible for his own loss. But that 14 you are holding is already in dire jeopardy when the dealer shows a 10 up. You must fight for the hand’s survival by taking the hit, giving it a chance of becoming a stronger hand against that 10. With a 14 against a 10, you must fight to the death.

On the other hand, if the dealer’s upcard is 2, 3, 4, 5, or 6, and you are holding a stiff hand, you should stand. Since the dealer must hit his stiff hands, and chance busting even when you are stiff, hitting your weak hands is not advantageous against these weak upcards.

Mistake: Some beginners think the best way to play is to play the same way the dealer plays: Hit all sixteens and stand on all seventeens. This is not true. The object of the game is not to make a hand as close to 21 as possible, but to beat the dealer. Often the best way to do this is to stand with a low total, sometimes as low as 12.

Tip: This is the basic logic of casino blackjack. There are exceptions to these guidelines, as the actual basic strategy decision for any given hand is determined by working out all of the mathematical probabilities. But if you just consider this logic when studying the basic strategy charts, the pattern will become clear to you and it should not be too difficult to memorize.