26
Card Counting Is it legal? YES Do I need to be a math genius to count cards? NO Will I make money from counting cards? PROBABLY NOT

Brainstorm Presentation

Embed Size (px)

Citation preview

Page 1: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 1/26

Card Counting

Is it legal?

YES

Do I need to be a math genius to count cards?

NO

Will I make money from counting cards?

PROBABLY NOT

Page 2: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 2/26

History of Blackjack

Originated in Spain or France in the 16th or17thth Century

First referenced in a book by Miguel deCervantes

In the U.S., bonuses of 10:1 wereintroduced for having a black Ace and a

black Jack Edward O. Thorpe

Page 3: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 3/26

How to Play Blackjack

Page 4: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 4/26

Decisions

1) Hit

2) Stand

3) Split4) Double Down

5) Surrender

Insurance

Page 5: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 5/26

Results & Payouts

Normal hand pays 1:1

Blackjack: 3:2

Tie: Push

Insurance: 2:1

Page 6: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 6/26

How to Play Blackjack

What is the objective?

BEAT THE DEALER!!

Page 7: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 7/26

Page 8: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 8/26

Basic Strategy

There is a mathematically correct way to play every single hand.

Page 9: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 9/26

Page 10: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 10/26

Practice Time!

And videos!

Page 11: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 11/26

Why does Card Counting Work?

Blackjack has a history! 

Page 12: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 12/26

 

Blackjack advantage

Roulette Advantage

-3-2-101234

 

Length of Shoe

   A   d  v  a  n   t  a  g  e   (   i  n   %   )

-2.5

-2

-1.5

-1

-0.5

0

 

Length of Game

   A   d  v  a  n   t  a

  g  e   (   i  n   %   )

Page 13: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 13/26

How Does Card Counting Work?

The more high cards left in the shoe, thehigher the advantage for the player.

The more low cards left in the shoe, thehigher the the advantage for the casino.

Page 14: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 14/26

How Does Card Counting Work?

Card counting is simply finding 

the ratio of high cards to low cards left to be played.

Page 15: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 15/26

Why are high cards good for theplayer?

1) More blackjacks which pay 3:2

2) More double down wins

3) More chances for the dealer to bust

Page 16: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 16/26

Page 17: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 17/26

Running Count: Hi-Lo Strategy

2, 3, 4, 5, 6 = Counted as +1

7, 8, 9 = Counted as 0

A, 10 = Counted as -1

Page 18: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 18/26

True Count (TC)

Running count

---------divided by---------

# of decks left to play

The TC tells you your advantage, thustelling you how much to bet!

Page 19: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 19/26

Basic Strategy Deviations

That chart I just showed you saying how toplay perfectly?.....

It's not always perfect.

Page 20: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 20/26

Counters vs. CasinosCat vs. Mouse

Is Card Counting Legal?

Casino Countermeasures1. Barring

2. Reduced Penetration

3. CSMs4. Griffin Book

Page 21: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 21/26

Page 22: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 22/26

Team Play & Famous CountersGorillas and heat. Not Gorillas in heat.

MIT Blackjack Team

Josh Axelrad

Ken UstonBlackjack Traveler

Israelis in South Korea

3 Days in Prague

Page 23: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 23/26

Card Counting Today

Information is King!

Stories from the internet

Page 24: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 24/26

Advanced Techniques

1) Side Bets

A) Over/Under 13

B) Lucky Ladies

2) Shuffle Tracking

3) Hole Carding

Page 25: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 25/26

In Search of EVCasino Rules & Their Effect

A specific Casino's rules have HUGE effectson a player's advantage

Page 26: Brainstorm Presentation

8/3/2019 Brainstorm Presentation

http://slidepdf.com/reader/full/brainstorm-presentation 26/26

In Search of EVBankroll Management

Effective bankroll management can mean thedifference between success and failure