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Card Counting and Frequency Distributions |
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CARD COUNTING SIMULATION SOFTWARE FROM ET FAN (Generates Frequency Distributions):Best Casino Bonuses Online |
EXCERPT FROM BEAT THE 6-DECK GAME
By Arnold Snyder
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| 6 Decks 75% Dealt |
Bet Strategy = 1:2:4:8:16 |
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| Adv. | Hands | Sys 1 | Sys 2 | Sys 3 | Sys 4 | Sys 5 | Sys 6 | Sys 7 | Sys 8 |
| -4.5% | 0.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -4.0% | 0.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -3.5% | 1.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -3.0% | 2.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -2.5% | 3.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -2.0% | 4.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -1.5% | 8.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -1.0% | 13.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -0.5% | 34.0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 0.0% | 13.0 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 0.5% | 8.5 | 4 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| 1.0% | 4.5 | 8 | 4 | 2 | 1 | 1 | 1 | 1 | 1 |
| 1.5% | 3.5 | 16 | 8 | 4 | 2 | 1 | 1 | 1 | 1 |
| 2.0% | 2.0 | 16 | 16 | 8 | 4 | 2 | 1 | 1 | 1 |
| 2.5% | 2.0 | 16 | 16 | 16 | 8 | 4 | 2 | 1 | 1 |
| 3.0% | 1.0 | 16 | 16 | 16 | 16 | 8 | 4 | 2 | 1 |
| 3.5% | 0.5 | 16 | 16 | 16 | 16 | 16 | 8 | 4 | 2 |
| 4.0% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 8 | 4 |
| 4.5% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 8 |
| 5.0% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| 6.0% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| 7.0% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| 8.0% | 0.0 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Hands Bet/100: | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |
| Average Bet: | 3.05 | 2.29 | 1.82 | 1.46 | 1.23 | 1.09 | 1.03 | 1.01 | |
| Gain/Hand: | 0.029 | 0.022 | 0.016 | 0.008 | 0.003 | -0.001 | -0.003 | -0.004 | |
| Win Rate %: | 0.95% | 0.97% | 0.86% | 0.58% | 0.22% | -0.12% | -0.30% | -0.37% | |
| Units/Hour*: | 2.90 | 2.22 | 1.55 | 0.84 | 0.27 | -0.13 | -0.31 | -0.38 | |
| S.D./Hour*: | 58.7 | 46.9 | 37.9 | 28.0 | 19.9 | 13.6 | 11.6 | 11.1 | |
| Units/10 Hrs*: | 29.0 | 22.2 | 15.5 | 8.4 | 2.7 | -1.3 | -3.1 | -3.8 | |
| S.D./10 Hrs*: | 185.5 | 148.2 | 119.7 | 88.6 | 62.9 | 43.0 | 36.6 | 35.0 | |
| Units/100 Hrs*: | 290 | 222 | 155 | 84 | 27 | -13 | -31 | -38 | |
| S.D./100 Hrs*: | 586.7 | 468.8 | 378.6 | 280.2 | 198.8 | 135.8 | 115.6 | 110.8 | |
| Units/1000 Hrs*: | 2900 | 2215 | 1553 | 843 | 270 | -130 | -310 | -375 | |
| S.D./1000 Hrs*: | 1855.4 | 1482.3 | 1197.2 | 886.2 | 628.5 | 429.6 | 365.7 | 350.4 | |
| Units/10000 Hrs*: | 29000 | 22150 | 15525 | 8425 | 2700 | -1300 | -3100 | -3750 | |
| S.D./10000 Hrs*: | 5867.2 | 4687.6 | 3785.8 | 2802.3 | 1987.6 | 1358.4 | 1156.3 | 1108.2 | |
| *based on 100 hands seen/hour, betting the number of hands in Hands Bet/100 | |||||||||
The first column, labeled Adv., shows the various player advantages, positive or negative, in percent. The Adv. column lists the various advantages that will occur in the game from a 4.5% house advantage to an 8% player advantage. If the advantage has a minus sign (such as -3.5%), then it is a house advantage. If positive (3.5%), then it is a player advantage. Neither the house nor the player ever has an advantage greater than +/- 3.5% in this game. With greater penetration (85%), the player sometimes sees an advantage of up to 4.5%.
The second column, labeled Hands, shows how many hands per 100 will occur with the advantage shown in the first (Adv.) column. Example: In this 6-deck game with 75% (4½ decks) dealt, a player advantage of 1% will occur about 4.5 times per hundred hands. A house advantage of 1% will occur about 13 times per 100 hands. Note that the house advantage of 1% occurs three times as often as the player advantage of 1%. This is because we assume the house has a ½% edge (0.5%) off the top. In a sense, the house gets a running start on the player.
Following these two columns, there are eight columns labeled Sys1, Sys2, and so on through Sys8. These columns identify eight different betting systems in which the player is using a 1:2:4:8:16 betting spread. Note that each of these columns has a list of numbers, all of which are 1, 2, 4, 8, or 16. These numbers are the player bet size in units. In Sys1, for instance, we see that the player bets 1 unit whenever the Adv. column is negative (meaning the house has an advantage). The player’s bet rises to 2 units when the advantage is 0.0% (dead even), 4 units when the advantage is 0.5%, 8 units with a 1% advantage, and 16 units with any advantage greater than 1%. In all of the betting systems, the player is using a 1-to-16spread. The only difference in the systems is the advantage at which the player raises his bets from 2 to 16 units.
It is very important that you understand how to read this top portion of the chart, which describes the card counter’s betting strategies in this game. All of the charts in this report, and in all of the Beat the Deck reports, use this same format. Most card counters, if spreading their bets from $5 to $40, would simply say, "I was using a 1-to-16 betting spread." This may be true, but it is very important to know what your advantage is when you are raising your bets. If you don’t provide this information, you cannot analyze your expectations in the game. So before you go on to the explanation of the bottom portion of the chart, which provides the analyses of the different betting systems, look at the Sys1 through Sys8 betting strategies and be sure you understand how these betting systems differ from each other.
Now, on to the bottom portion of the chart. . .
The "Hands Bet/100" line shows how many hands out of every 100 hands played the player would expect to place bets. In all of the examples shown in our sample chart, the player bets on all 100 hands. If the player were table-hopping, however, and not betting on negative expectation hands, this would be indicated in the charts by placing zeros in the SYS columns for all of the (dis)advantages where the player placed no bet, and the Hands Bet/100 would be lower than 100. If you flip forward a few pages, you will see numerous charts where the betting system (Sys) columns have zero (0) entries when there is a house advantage. You will note that in these instances, the Hands Bet/100 reflects the actual number of hands per hundred that the card counter placed bets on.
If your method of play is to not sit down, but to wander from table to table as you play, making your decisions to exit a game whenever your count indicates that the house edge has gone up to a point where you refuse to place even a 1-unit bet, then you will use the chart(s) where the Sys columns show the zero (0) entries. These charts are easily identified by the top line, as the heading will read: Bet Strategy = 0:1:2, or 0:1:2:4, etc.
Just beneath the Hands Bet/100 line, the "Average Bet" line indicates the player’s average bet per hand played in units for each betting system. For instance, in using Sys1, note that the player’s average bet is 3.05 units, while in using Sys8, the average bet is only 1.01 units. This is because the Sys8 player is waiting longer to raise his bets.
Beneath the Average Bet line, the "Gain/Hand" shows how many units the player can expect to win for every hand he plays with each betting system. (If this is a negative number, then it shows how many units the player can expect to lose per hand played over the long run.) In our sample chart, all of the examples are positive. If you flip forward a few pages, however, you will see many examples where the Gain/Hand is negative, which means that the card counter would actually be losing money in the long run in that game with that particular betting system. This occurs most frequently when the counter’s betting spread is too small to beat a game, especially because the percentage of cards being dealt out between shuffles is insufficient.
Beneath the Gain/Hand line, the "Win Rate %" line shows the player’s long run expectation in percent over the house. (If this were a negative number, it would indicate the house’s advantage over the player.) Note that with Sys2, the player’s win rate in this game, using a 1-to-16 betting spread, maximizes at 0.97%. Using Sys6, 7 or 8, the player’s win rate is negative. This is because the Sys6, 7 and 8 bettors are waiting too long to raise their bets.
Beneath the Win Rate % line, we find the hard data we’re most interested in: how much money (in units) we can expect to make, on average, for every hour of play, every ten hours of play, every hundred hours of play, etc., in this game. Note that the "Units/Hour" is always based on seeing 100 hands per hour. A crowded table will be slower than this, and if we’re playing heads up, or with only one other player at the table, we’ll probably play more than 100 hands per hour.
Note that if we employ Sys2 for our betting strategy, we can expect to earn 2.22 units per hour, or 22.2 units per 10 hours of play, etc. To get our win rate in dollars and cents, we simply multiply this number by our betting unit. For instance, if my 1-to-16 betting spread is obtained by spreading from $10 to $160, then my unit is $10, and my expected Sys3 win rate in dollars is:
2.22 x $10 = $22.20 per hour.
Note that under each Units/Hour line is a line that shows "S.D./Hour," "S.D./10 Hours," etc. S.D. stands for standard deviation. This is the normal fluctuation from your expected win, in units. We can use this measure to estimate how much we should be betting in any given game, with any given betting strategy, based on the actual size of our bankroll.
Standard deviation is a commonly used statistical measure. In our Units/10 Hours example for Sys2, for example, you can see that we have an expected win of 22.2 units, with a standard deviation of 148.2 units. What does this mean?
It means that two-thirds of the times that you play for ten hours (or more precisely 1000 hands) under these conditions, your outcome will be within one standard deviation of your expected win. And 95% (or 19 out of 20) of the times that you play 1000 hands under these conditions, you will be within two standard deviations of your expected win. You will be within three standard deviations of your expected win 99+% of the time. (For a comprehensive discussion on standard deviation, see Blackbelt in Blackjack.)
In our Sys2 example, this means that after 1000 hands, we would expect to be ahead by about 22.2 units. Two-thirds of the time we’ll actually be within one standard deviation (148.2 units) of this expectation. In other words, we’ll actually be somewhere between –126 units and +170.4 units two-thirds of the time.
95% of the time we’ll be within two standard deviations (148.2 x 2 = 296.4 units) of our expected win. In other words, we’ll be between –274.2 units and +318.6 units. And we are virtually assured of always being within three standard deviations (148.2 x 3 = 444.6 units) of our expected win—i.e., between –422.4 units and +466.8 units.
Professional players use the standard deviation to calculate the best betting unit for their particular bankroll. For example, it would be foolish to spread your bets from $5 to $80 in this game if your total bankroll was only $400. Since your expected win per 1000 hands is only $5 x 22.2 = $111.00, and your standard deviation on 1000 hands is 148.2 units, and 148.2 x $5 = $741, a small negative fluctuation within one standard deviation could easily wipe you out.
To spread your bets from $5 to $80 in this game, you would be relatively safe (meaning likely to survive) in ten hours of play if you entered the game with enough of a bankroll to withstand a fluctuation of two standard deviations. Since one standard deviation is $741, and our expected win is $111, a negative fluctuation of 2 S.D.s would set us back $111 - (2 x 741) = $1371. So, a bankroll of about $1400 would survive about 95% (19 out of 20) times.
Using the charts in this report, you will begin to see patterns in the numbers. For instance, every betting spread has an ideal point at which to raise your bet in order to maximize your expected unit win. The more units you bet at positive advantages, the greater your expected win in units, but also, the greater the fluctuations (and the bigger the bankroll needed to survive). If you lower your top bet substantially in order to cut the flux, you may not be able to get a significant edge over the house. The problem you face as a professional gambler is to balance the need to aggressively pursue return (expected win) on your investment dollars with the overriding need to protect your bankroll. Using the charts in this book, you can quickly see what the return is with any betting strategy along with its associated risk.
You can also use these charts to compare profit opportunities when multiple games are available to you. If one casino deals out only 65% of the cards between shuffles, while another deals out 75%, you will almost always find the game with deeper penetration to have greater profit potential. This may not always be the case, however. If the casino with the deeper penetration is very paranoid about card counters and shuffles up any time a player raises his initial bet by a factor of 4, while the casino with lesser penetration has no problem when you spread from $5 to two hands of $40 ( a 1-to-16 spread), then this more aggressive betting strategy will often compensate for poorer penetration.
Many players are amazed at how severe normal fluctuations can be, even when they have the edge in their favor. It is not uncommon for players who lose heavily in a casino to worry that the game may have been dishonest. Or they may question the validity of the card counting system they are using, or even their own abilities in employing the system. If you suffer inordinate losses on a trip, you can use the data in these charts to see if your losses fall within the realm of what a mathematician would consider "normal."
The Technical Appendix, which follows the charts, explains how you can insert any betting system you want into the frequency distribution charts, and estimate your average bet, gain per hand, win rate in %, win rate in units, and standard deviation. If you have a personal computer, especially if you are competent with a spreadsheet type program like Excel, you could use it to do all of the math for you. But it is not difficult to do it with a simple pocket calculator. For players who would prefer not to do any math whatsoever, I have analyzed in the charts that follow most of the practical approaches a player might take to attempt to beat the various games.
Also contained in the Technical Appendix, for those who have a greater interest in the mathematics of blackjack, are explanations of how to figure out the standard deviation for any number of hands, using any bet spread. The charts show standard deviation data for 100 hands, 1,000 hands, 10,000 hands, etc., with specifically defined betting systems, but you may want data for 3,200 hands, or 620 hands, or some number of hands not defined in the charts. There is also a simple explanation of how to estimate the effects of playing multiple simultaneous hands.
Now, on to the charts . . .
Note: There are 44 pages of frequency distribution charts in the print version of this book. They are not currently part of this online version. See the 2005 print version for the full collection of charts. Also, note that the frequency distribution charts for the 1-, 2-, 4-, and 8-deck games are very different from each other and from the 6-deck charts.
Let’s analyze one system completely so that you understand the math. We’ll take a 6-deck Las Vegas game with 75% penetration. You may double down on any two cards, including after splits, the dealer stands soft 17. You leave the table when your advantage falls below –1%, otherwise play $2 off the top and on all other negative and zero expectation hands, $7 if you have a ½% advantage, and $12 if you have a 1% advantage or higher.
Using a sheet of lined paper, label the first column "Hands," and simply fill in the numbers from the Hands column from any of the "75% Dealt" charts in this report. (Flip back a few pages to look at any of these 75% charts, and you’ll see that the numbers I’ve filled in here match the numbers in the second column of those charts.)
Label the second column "Bet," and we’ll fill in these numbers later. Leave it blank for now. Label the third column "Total," and leave this blank also.
Label the fourth column "Adv.," and here we enter the numbers from any of the 75% charts that are in the Adv. column. Note that this is the first column in those charts. The only difference here is that we should enter the numbers here in decimal format, rather than as percentages. In our 75% charts, we show the advantage as -4.5%, while here we enter -0.045. If you are unsure how to translate percentages into decimals, the method should be clear to you if you study the numbers I’ve already filled in briefly. Basically, 1% = .01, 1.5% = .015, 2% = .02, etc.
Label the fifth and last column "Gain," and leave this blank for now also.
Finally, place multiplication signs between the Hands and Bet columns, and also between the Total and Adv. columns. And place equal signs between the Bet and Total columns, and also between the Adv. and Gain columns. (See the example below.) Here’s how the first five lines of your template should look:
| Hands | Bet | Total | Adv. | Gain | ||||
|---|---|---|---|---|---|---|---|---|
| 0.0 | x | ____ | = | ____ | x | -.045 | = | ____ |
| 0.0 | x | ____ | = | ____ | x | -.04 | = | ____ |
| 1.0 | x | ____ | = | ____ | x | -.035 | = | ____ |
| 2.0 | x | ____ | = | ____ | x | -.03 | = | ____ |
| 3.0 | x | ____ | = | ____ | x | -.025 | = | ____ |
In other words, two of your columns are filled in using numbers from the charts in this book that show the player/house advantage, and the number of hands that occur at each advantage. We are now ready to fill in our betting system, then perform a couple of simple multiplication operations.
If you are familiar with computer spreadsheets, you can see that it would be very convenient to set up a template according to the above guidelines for analyzing betting systems and letting the computer do all the math. But all you really need is a pocket calculator and a sheet of paper. The math is simple once you have the chart set up.
In the second column, labeled "Bet," you enter your betting system. Since, in this example, we are leaving the table if our Advantage falls below 1%, we enter a zero (0) in this column wherever the Adv. reads negative from -.045 to -.015. We then enter a 2 unit bet for all Advantages from -1% (-.01) to zero, a 7 unit bet where our Advantage is ½% (+.005), and a 12 unit bet for all Advantages of 1% (+.01) or higher. Look at the numbers in the Bet column and see that you understand this process.
To get the numbers in the Total column, we simply perform the multiplication of the numbers in the Hands column and the numbers in the Bet column. To get the numbers in the Gain column, we multiply the numbers in the Total column by the numbers in the Adv. column.
Finally, we add up all the numbers in the Total column and the Gain column.
This is how it looks when it’s all filled in:
| Hands | Bet | Total | Adv. | Gain | ||||
|---|---|---|---|---|---|---|---|---|
| 0.0 | x | 0 | = | 0 | x | -.045 | = | 0.0000 |
| 0.0 | x | 0 | = | 0 | x | -.04 | = | 0.0000 |
| 1.0 | x | 0 | = | 0 | x | -.035 | = | 0.0000 |
| 2.0 | x | 0 | = | 0 | x | -.03 | = | 0.0000 |
| 3.0 | x | 0 | = | 0 | x | -.025 | = | 0.0000 |
| 4.0 | x | 0 | = | 0 | x | -.02 | = | 0.0000 |
| 8.0 | x | 0 | = | 0 | x | -.015 | = | 0.0000 |
| 13.0 | x | 2 | = | 26 | x | -.01 | = | -.2600 |
| 34.0 | x | 2 | = | 68 | x | -.005 | = | -0.3400 |
| 13.0 | x | 2 | = | 26 | x | 0 | = | 0.0000 |
| 8.5 | x | 7 | = | 59.5 | x | +.005 | = | +0.2975 |
| 4.5 | x | 12 | = | 54 | x | +.01 | = | +0.5400 |
| 3.5 | x | 12 | = | 42 | x | +.015 | = | +0.6300 |
| 2.0 | x | 12 | = | 24 | x | +.02 | = | +0.4800 |
| 2.0 | x | 12 | = | 24 | x | +.025 | = | +0.6000 |
| 1.0 | x | 12 | = | 12 | x | +.03 | = | +0.3600 |
| 0.5 | x | 12 | = | 6 | x | +.035 | = | +0.2100 |
| 0.0 | x | 12 | = | 0 | x | +.04 | = | 0.0000 |
| 0.0 | x | 12 | = | 0 | x | +.045 | = | 0.0000 |
| 0.0 | x | 12 | = | 0 | x | +.05 | = | 0.0000 |
| 0.0 | x | 12 | = | 0 | x | +.06 | = | 0.0000 |
| 0.0 | x | 12 | = | 0 | x | +.07 | = | 0.0000 |
| 0.0 | x | 12 | = | 0 | x | +.08 | = | 0.0000 |
| TOTALS: | 341.5 | +2.5175 |
There is one more operation we need to perform before we have all of the data we need for a complete analysis. We need to know how many hands (per 100) the player is betting on. If we add up the numbers in the Hands column, we see that they sum to 100. The player using this betting system, however, is not betting when the advantage is against him by more than 1%. So, we total up only the numbers from this column where the bet is greater than zero (0). We find:
13 + 34 + 13 + 8.5 + 4.5 + 3.5 + 2 + 2 + 1 + .5 = 82 Hands played
Now, let’s do the math . . .
To calculate your Average Bet per hand, divide the Total Units Bet by the total number of hands played:
341.5 / 82 = $4.16
To calculate your Gain Per Hand in dollars, divide the Total Gain by the total number of hands played:
2.5175 / 82 = .031
To calculate your Win Rate in per cent, divide the Gain Per Hand by the Average Bet:
.031 / 4.16 = .0075 or 0.75%
To calculate your Expected Win in dollars for any number of hands played, multiply your Gain Per Hand times the number of hands played. For example, your expected win after 225 hands played:
.031 x 225 = $6.98
Note: Since we entered the actual dollar amounts of our bets in the Bet Per Hand column, i.e., $2 = 2, we do not have to convert units to dollars. If we were spreading from two $5 chips up to twelve $5 chips, then we would have to multiply our gain per hand in units by 5 to get the gain in dollars.
To summarize, if we played in this 6-deck game, spreading our bets from $2 to $7 to $12, and we played approximately 82 hands of the 100 hands we saw per hour, we would have a win rate of 0.75%, which would give us a long run expectation of about $2.54 per hour (which is simply the 82 hands played per 100 seen times our gain per hand of .031 (@3 cents per hand)). If we were spreading from two $5 chips ($10) to 7 chips ($35) to 12 chips ($60), our percentage win rate would be identical (0.75%), but our expectation in dollars would be about $12.70 per hour.
Using the above methodology, you should be able to analyze virtually any count-based betting strategy using the frequency distribution data from the charts in this guide.
You can get a pretty close estimate of your expectation with 70% dealt if you look at the results for 65% and 75%, then calculate the midpoint. For example, if you look in the charts for using Sys2 with a 1-to-16 spread, you’ll find that your estimated win rate is 0.59% with 65% dealt, and 0.97% with 75% dealt out. If you estimate that in fact about 70% of the cards are being dealt out between shuffles, the midpoint between these win rates is 0.78%. After you find the midpoint, always round this number down. The actual win rate is between 0.65% and 0.70%.
You can use this same method of interpolating results for different levels of penetration for approximating your average bet, your win rate in units per hour, etc.
To calculate your standard deviation for any number of hands, this is how you do it:
1. First, add up the number of hands played at each of the different bet sizes.
Using the same $2 to $12 sample betting system described above, we placed $2 bets on
13.0 + 34 + 13.0 = 60 hands
We placed $7 bets on 8.5 hands.
And we placed $12 bets on
4.5 + 3.5 + 2 + 2 + 1 + 0.5 = 13.5 hands
2. Now, square each bet size, multiply the bets squared by their respective number of hands played then add up these products. It looks like this:
22 x 60 = 240
72 x 8.5 = 416.5
122 x 13.5 = 1944
2600.5
3. Now, take the square root of this number and multiply it by 1.1, like this:
√ 2600.5 x 1.1 = 56.09
4. Finally, divide this number by the square root of the number of hands played (per 100).
56.09 / √ 82 = $6.19
This is your standard deviation, in dollars, per hand.
To find your standard deviation, in dollars, for any number of hands, multiply your standard deviation per hand times the square root of the number of hands.
Examples:
The standard deviation on 100 hands = 6.19 x √ 100 = $61.90
The standard deviation on 1000 hands = 6.19 x √ 1000 = $195.74
The standard deviation on 10,000 hands = 6.19 x √ 10,000 = $619.00
If you play multiple simultaneous hands, you may estimate your average bet, gain/hand and win rate, by multiplying the number in the Hands column by the number of simultaneous hands you are playing at that count.
Do not use this method, however, to estimate your standard deviation. If, for instance, you play two hands of four units each at a specified true count, you would underestimate the standard deviation if you simply added the extra hands into your calculations. This is due to the fact that simultaneous hands will have more of a tendency to have the same result, since they are both played vs. the same dealer hand. If you instead estimated your standard deviation as if two 4-unit hands were a single 8-unit hand, you would overestimate the standard deviation. The actual standard deviation would fall somewhere between these two results.
A simple way to estimate your standard deviation on two simultaneous hands is to simply estimate the standard deviation on one hand that is 75% of the total amount bet on both hands. In the example above estimate your standard deviation on two 4-unit hands as if you were playing one 6-unit hand.
For three simultaneous hands, estimate your standard deviation as if you were playing one hand that is 60% of the total amount bet. In other words, with three simultaneous hands of $10 each, take 60% of the $30 total bet and compute your standard deviation as if playing one hand of $18. Again, this is an oversimplification, but it will give you a good ballpark estimate.
All of the frequency distributions, estimates of win rates, standard deviations, etc., in this book are approximations of what human players might expect in casino play. If the charts herein estimate your win rate at $20 per hour, then your actual win rate is probably between $15 and $25 per hour. Don’t assume pinpoint precision. Even if we were to run a billion-hand computer simulation to obtain a highly precise estimate for a specific counting system, it would not necessarily provide a better estimate of your expectations in a real-world casino.
Casino dealers vary their levels of penetration. Different numbers of players at the table may affect the shuffle point, change the number of hands dealt per hour, etc. And even the best card counters make errors in "rounding off" their count adjustments and they apply different amounts of betting and playing strategy "camouflage" as needed in the casinos where they play.
Use the data in these charts to compare the profit opportunities in the games available to you, determine the betting spread you need to get a sufficient edge over the house, and estimate your bankroll requirements.
Finally . . .
The top blackjack pros are not all mathematicians, but they all do understand the basic math and logic of the game. If you study the concepts and the charts presented in this book, you will get a very good feel for the profitability of any 6-deck game you find. Look at the kinds of betting strategies you’ll need to beat the 6-deck games with 50%, 65%, 75% and 85% penetration. If the penetration is poor, look for any possibilities of beating the game by leaving the table at negative advantages. Consider the possibilities of getting a bigger spread by playing two or more hands at favorable counts. If there’s no practical way to get a healthy edge on the house, then keep your money in your pocket.
Q: Why do you provide so much information on games and betting strategies that don’t win? Everyone knows that bad penetration and small betting spreads don’t work for card counters.
A: There are many card counters, perhaps even a majority of them, who do not have professional aspirations, but play at moderate to high stakes in order to acquire casino comps. These players are primarily interested in knowing how to reduce the house edge to a break-even point. Also, there are many books on the market that poorly explain the betting spreads needed to beat various games. Many amateur card counters believe that they can beat most games with a 1-to-4 spread. My goal in providing these Beat the Deck reports to players is to show what works, how well it works, and what doesn’t work, in any game with any level of penetration.
Q: Is there a quick way to use these charts to judge a game’s profit opportunities "at a glance?"
A: I scan the Win Rate % line first, looking for an advantage of about 1% or better. If I find it, I then look at the Hands Bet/100 in that column. The bigger this number, the better. If the Hands Bet/100 is less than 30, you’ll probably spend too much time standing around watching games, waiting to place a bet. The % advantage might be good, but your hourly unit win may be too small to be worth your time.
Q: Do you have any guidelines for judging when the standard deviation is tolerable?
A: The primary guideline is your own personal bankroll. Casino blackjack is a fairly high-risk investment for a card counter. The "long run" often takes a long time coming. A player who is trying to get an edge over the house in the neighborhood of 1% should look for a standard deviation where the expected win after 100 hours (10,000 hands) is at least half of one standard deviation, and after 1000 hours (100,000 hands), the expected win is twice as much as one standard deviation.
In other words, when looking through the charts for a good betting strategy, I look at the unit wins for 100 hours and 1000 hours, compared to their S.D.s. If my unit win expectation is 100 units after 100 hours, then I don’t want the S.D. to be much more than 200 units. If my unit win expectation after 1000 hours is 1000 units, then I don’t want the S.D. to be much more than 500 units. The greater the number of decks, and the worse the penetration, the more difficult it is for a game to meet these criteria.
Q: Why is the Win Rate % higher for one blackjack betting system, when the Units/Hour is higher for another betting system?
A: In a case like this, the system winning more units per hour is betting more units per hour. This may be due to either betting on more hands/100 seen, or increasing to bigger bets at smaller advantages. Whenever you see this, you can find the answer in the chart data by looking at how many hands were bet by each system, and/or at what advantage did each system raise its bets. ♠
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