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The house edge, or vigorish, is defined as the casino profit expressed as a percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player doubles and splits.) In American roulette, there are two "zeroes" (0, 00) and 36 non-zero numbers (18 red and 18 black ...
Michael Dalton (born 1955) is a gambling author, publisher and founder of the Blackjack Review Network. He is best known for his Encyclopedia of Casino Twenty-One (formerly titled Blackjack: A Professional Reference) and Blackjack Review Magazine, which was published from 1992 through 1998.
A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]
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Widely used systems include: Card counting – Many systems exist for blackjack to keep track of the ratio of ten values to all others; when this ratio is high the player has an advantage and should increase the amount of their bets. Keeping track of cards dealt confers an advantage in other games as well.