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- Title
AN ANALYSIS OF THE DISADVANTAGE TO PLAYERS OF MULTIPLE DECKS IN THE GAME OF TWENTY-ONE.
- Authors
Golden, Leslie M.
- Abstract
To counter the advantage that players obtain by using card counting systems in the popular casino game of blackjack, casinos utilize multiple decks of cards instead of a single 52-card deck. Intuitively, players discover that their advantage decreases markedly. An analysis based on the central limit theorem and a Monte Carlo simulation quantifies the disadvantage both with the use of multiple decks and as the dealer progresses through the deck pack. Strategies to minimize the effect of the multiple decks are presented. A step-wise betting strategy based on these findings is found to increase the player's expected winnings by a factor of up to 2.6.
- Subjects
CARD counting; CASINOS; BLACKJACK (Game); MONTE Carlo method; GAMBLING
- Publication
Mathematical Scientist, 2011, Vol 36, Issue 1, p57
- ISSN
0312-3685
- Publication type
Article