Blackjack by DC

Being a semi-professional gambler it’s always hard going through periods of cold play. My first week of 2008 was a cold one — and it pretty much started with a hand I never expected to lose…. I’ll run you through it:

3 players at the table, I’m playing 3 boxes — all in front. Two other playes both play a single box — one is behind me on one of the boxes.

Cards come out — I’ve got:

- A/A
- 7/3
- 6/6

Dealer’s upcard is a 6.

Yay — that’s excellent news! I split the aces — and in the casino I’m playing that means ONE card extra only — no blackjacks. I get a 7 (18) and a 9 (20). Not awesome — but good enough against a six.

Second box is an obvious double down. I get a ten. 20.

Last box isn’t too tricky — i split my sixes. First card: 5. I double down on 11 and get a 3. 14.  Second split six gets a 4. I double down on ten and get a 10.  20.

At this point, there’s a good deal of money on the table due to all the double downs and the splits.

Dealer goes:

6-10-5.

I’ve seen this happen before (it still hurts but oh well), but that seemed to be the start of a cold run for me. I went on to lose more than I wanted to that night — and have decided to take the second week of January off from playing blackjack and play some low-stakes poker… Let’s turn the tide!

This is quite an interesting video considering Fox being the source. The interview about Mike, a former MIT Blackjack team member, a bunch of geniuses counting cards in Vegas…

The MIT team is now banned in a lot of casinos, which is sad…

Good to see mike stressing the basic strategy… It’s SO important, even when card counting!

Many casinos offer the option to double up on a single hit card. Some of us look to divine inspiration on when to double up, others use a lucky charm, I myself like to use mathematics.

There are some hard and fast rules about when to Double Down. They are as follows.

If you have 11 you can double. There is a 30% chance of making 21 and no way to bust out. If you do make 21 the dealer can only beat you with a Blackjack and even then you’ll have your money returned.

If you have a hand of 10 you can double. The odds of winning are similar to that of if you have 11 and you have no chance of going bust.

If you have 7/8/9 don’t double. As tempting as it is that you might make 17, 18, 19 or even 20 it is unlikely. Any card other than a 10 will leave you with a vulnerable hand. The only exception to this is if you have a nine and the dealer had a low (2-6) up card and thus has a good chance of going bust.

If you have 12 or more DON’T DOUBLE. As tempting as it may be when you see the dealer has a card that means he is likely to go bust. You also have a high chance of busting and losing out.

What you must remember with Doubling Down is that you can only have one further card.

I would stress that doubling up can also affect the effectiveness of your betting strategy. Especially if you are using the Paroli or Martingale system. You should make the decisions about when you are going to Double Down and stick to them so you don’t click the double button on a whim.

I mean the systems they’re showing don’t all work in today’s casinos around the globe — seeing as most blackjack tables have automatic systems shuffling or at least dealing the cards, but still — a great video on turning the odds in your favor, and winning at blackjack!  Enjoy!

When the dealer turns an Ace as their upcard your heat will sink, especially if you have a terrible hand. They seemingly offer a beacon of hope by offering insurance against the dealer having Blackjack. Phew! Well that’s all right then.

Well actually it is not. Do not take them up on this kind offer. Like your mother told you; never take sweets from strangers. Casinos only offer things that will in the long run make them money. They are not a charity. The house edge on insurance in single deck blackjack is more than 5% and only rises with multiple decks.

Insurance can be extremely hard to pass up when you have a blackjack. There are two scenarios, if the dealer has a blackjack, you will only win 2:1 on the insurance bet. However, if the dealer doesn’t get a blackjack you will win the main bet, but lose the insurance bet. Since the odds of the dealer getting blackjack are fairly low, over the long term you’re better off not taking the insurance. Once in a while the dealer may get a blackjack and you’ll push, but more often you’ll win and get a 3:2 payout.

The only player who would gain by placing a blackjack insurance bet is someone that is using a card counting strategy in a casino where the cards are not replaced and reshuffled. So for you online players: stay away.