gabyyyyy....my response to you

[Jimbo]

[ QUOTE ]
I can't even begin to detail how wrong you are.

[/ QUOTE ]

Of course you can't, my point exactly. Do you know how many net kooks like yourself have come on here like Chicken Little hollering "The Sky is falling, the sky is falling" and can never offer any evidence of their contentions?

Jimbo

[Drunk Bob]

Maybe my tax dollars going to UVA are not completly wasted. [img]/images/graemlins/grin.gif[/img]

[Homer]

Did you know that casinos actually realize a 16% advantage in blackjack despite the fact that the game has an approximate 1% mathematical advantage when played perfectly. They don't need to mess with the game.

I just saw this thread and don't know if anyone commented on this yet, but:

The house does not have an advantage of 16% in blackjack. I can't remember the exact number, but it is more like 2%. You are probably referring to the hold percentage, which is the total percentage of money that they earn from an average person during a session. For example, if you come to a table with $500, you can expect to walk away with 84% of that, or $420, on average.

-- Homer

[Lazymeatball]

Homer,
Another possibility about the blackjack advantage quandary, was that 1 or 2% was the HA for perfect play, but many people don't exercise perfect basic strategy, splitting tens on a whim of good luck and such.

[OldLearner]

Exactly right Homer.

I termed it as the percentage they "actually" realize, you are more correctly calling it "what they hold".

Still, at 16% for a game in which the house has only a
1% -2% matehmatical advantage is pretty amazing.

[Wahoo91]

Still, at 16% for a game in which the house has only a 1% -2% matehmatical advantage is pretty amazing.

Amazing, yet not surprising as most gamblers are simply tourists and have how no idea how to play correctly. I am sure the real distribution is pretty scary and something like this:

Edge-
Random tourist 30%
Tourist who read a book or two 9%
Educated gambler 3%