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The player's disadvantage is a result of the casino not paying winning wagers according to the game's "true odds", which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 6 times the amount wagered since there is a 1 in 6 chance of any single number appearing. However, the casino may only pay 5 times the amount wagered for a winning wager. Rules Table games
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Caribbean Stud Poker As in all casino games, the house has a statistical advantage over the players that will play itself out in the long run. But because blackjack, unlike other games, has an element of player choice, players can actually reduce the casino advantage to a small percentage by playing what is known as basic strategy. This strategy determines when to hit and when to stand, and also determines when doubling down or splitting is the correct action. Basic strategy is based on the player's point total and the dealer's visible card. There are slight variations in basic strategy depending on the exact house rules and the number of decks used. Under the most favorable conditions (single deck, downtown Las Vegas rules), the house advantage over a basic strategy player can be as low as 0.16%. Indeed, casinos offering special rules like surrender and double-after-split may actually be offering a positive expectation to basic strategy players; they are counting on players making mistakes to make money. So besides the interior, the online casinos are not all that different yet provide many advantages over the "real" casinos. Nothing is missing: blackjack, all sorts of pokers and slots, roulette, craps, baccarat - an online casino is a serious if not deadly competition to the land casino industry which, allow yours truly to add, is upsetting the latter somewhat. [edit] If you've never played blackjack before don't worry, you'll learn exactly what to do. You can start playing the games using fun credits, so if you're unsure about the strategy you can practice first without risking a penny. [edit] In December of 1999 I wrote the story below about Fred Marino suing Discover Card. In the wake of that lawsuit, last week Discover Card signed an agreement in California Superior court it will not operate merchant accounts with online casino companies that may do business with California residents. Since it is hard to tell if the customer is from California this may mean that players will not be able finance their online gambling with a Discover Card. Casino games generally provide a predictable long-term advantage to the casino, or "house", while offering the player the possibility of a large short-term payout. Casino games often include an illusion of control, in which the player must make choices. However, in most cases it is not mathematically possible for a player to eliminate his or her inherent long-term disadvantage (the house advantage) in a casino game. Mathematics of blackjack Although you cannot read a computer opponent, playing against computer opponents can still help you sharpen your skills by learning how to count outs and play the percentages. With the advancing technology of artificial intelligence, computer players can be created to incorporate bluffs and other human-like decisions. After initial bets are placed, the dealer deals the cards, either from one or two hand-held decks of cards, known as a "pitch" game, or more commonly from a shoe containing four or more decks. The dealer gives two cards to each player, including himself. One of the dealer's two cards is face-up so all the players can see it, and the other is face down. (The face-down card is known as the "hole card". In European blackjack, the hole card is not actually dealt until the players all play their hands.) The cards are dealt face up from a shoe, or face down if it is a pitch game. When you're betting online, most experts advise that unless you have a good system in place, you should limit your bets to a few spins and wager more per spin. This advise is based on the idea that statistically, the longer you play, the higher the odds are that you will lose money. [edit]
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