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Reply To: This is how online casinos make money

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#720990
Anonymous
Inactive

I think you guys are missing my point here

Don’t get me wrong, it’s cool that you guys have an interest in this, and i enjoy talking over gambling strategies, but what i’m seeing here is what i see in the bodog blackjack strategies section and every other affiliate site, like this one for example…

http://www.casino.com/blackjack/article.asp?id=1720

That’s not to say that these places are deliberately misinforming the public, since they are all better off when the player loses, and most people do lose money at the casino, thats a well known fact.

What i’m suggesting is that you rethink your strategy, and not be so sure that the information you are reading is 100% correct.

Look at it from my point of view

Using the example on page 1 here

I have an opportunity to put 4 times more money into a pot where i am a 64% favourite to win, that is a great play, finding myself in that position at the casino is very rare, i want to attack it for all it’s worth, if i choose to stand i am taking the conservative approach, and most people by nature are conservative, especially when it comes to money, and that is why the casino will win out in the long run.

Now look at favourable game rules, which is something i remember Bobby Singer stressed upon, and after playing at a few places online(i almost never play online for a few reasons, besides, i like being at the casino)i noticed some very unfavourable circumstances, like not being able to double down after splitting my 10’s, that is just wrong.

Refer to these favourable and unfavourable rules for the player

http://en.wikipedia.org/wiki/Blackjack#House_advantage

There is a good reason why a casino would not allow me to double down when splitting my 10’s…IT IS NOT IN THEIR BEST INTEREST TO LET ME DO THIS…They know this is advantageous to me, they are not stupid, they want to increase the house edge as much as possible.

This is why i often get suspicious of Absolute Poker when my players win thousands of dollars day after day at Blackjack, their rules favour the house big time.

What i have said from the start here is that you just put away your mathematical principles and theories, and just play out the situation both ways, and with your own eyes you will see that your chip stack will be bigger playing it my way.

Good luck

P.S.

While those mathematical percentages you list are correct, they are also wrong

They don’t factor in the number of times you will find yourself as a 64% favourite to beat the house, there are some hands you are destined to lose no matter what you do, so by not attacking a situation where you are such a big favourite to win you are truly missing the boat, those opportunities come by rarely at the casino.