are three subjects you can count upon a man to lie
about: sex, gas mileage, and gambling. " R. A.
we played our first Online Blackjack Games in January,
1970, at a small club in Yerington, Nevada. Much to
the amusement of a local indian and an old cowboy
we doubled down on (A,9) and lost. No, it wasn't a
knowledgeable card counting play, just a beginner's
mistake, for we was still struggling to learn the
basic strategy as ill as fathom the ambiguities of
the ace in "soft" and "hard" hands.
The next day, in Tonopah, we proceeded to top this
gaffe by standing with (5,4) against the dealer's
six showing; my train of thought here had been satisfaction
when we first picked up the hand because we remembered
what the basic strategy called for. we must have gotten
tired of waiting for the dealer to get around to me
at the crowded table since, after the dealer made
17 and turned over my cards, there, much to everyone's
surprise, was my pristine total of nine!
At the time, we was preparing to give a course in
The Mathematics of Gambling which a group of upper
division math majors had petitioned to have offered.
it had occurred to me, after agreeing to teach it,
that we had utterly no gambling experience at all;
whenever travelling through Nevada with friends we
had always stayed outside in the casino parking lot
to avoid the embarrassment of witnessing their foolishness.
you ignore the extremely unlikely possibilities that
you might make three tens or he might make a full
house, basically the outcome is very simple: You win
if you make a flush, and lose if you don't. The pot
currently contains $1,000, and your opponent has bet
all his remaining chips, which happen to be $300.
Because your opponent is going all-in, there won't
be any additional betting. You have to make a one-time
decision. You have enough chips to call. Should you
currently behind. You know that the only way to win
is for another spade to come. The odds against this
happening are approximately Z-1 (expressed another
way, one-in-three). The pot odds are better than that,
though: For a $300 call, you can win $1,300 (the $1,000
that was already in the pot plus the $300 your opponent
just added to it).