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Brandon Norwood

"Overall, the house has almost a 6 percent advantage over the helpful hints player with an insurance bet," says Marchel. "And even if you have blackjack you will only win your original bet. If the dealer has a blackjack when you do, it's a push—no win, no lose."  Inspired by the work of the 'Four Horsemen', Edward O. Thorp, an American maths professor thought of as the 'father of card counting', used an IBM 704 mainframe computer to explore the optimum way to play blackjack. The first step was to program the computer, using the computer language Fortran, to calculate the optimum strategy for playing blackjack. Aside from a few 'insignificant' errors, he found that the Basic Strategy devised by Baldwin's group was identical to the strategy the computer came up with. Even Money: If the player has a Blackjack and the dealer’s face up card is an Ace, the player may request to accept “Even Money” for his Blackjack, which is accepting an Even Money payoff in lieu of taking insurance. Players must decide to take Even Money before the dealer determines whether the dealer’s hand is a Blackjack. If the player accepts Even Money, the player’s Blackjack shall be paid Even Money regardless of whether the dealer has a Blackjack or not.

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phisacogla1977
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