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Blackjack in Holland Casino's: Basic, optimal and winning strategies
van der Genugten,B.B.
van der Genugten,B.B.
Abstract
This paper considers the cardgame Blackjack according to the rules of Holland Casino's in the Netherlands. Expected gains of strategies are derived with simulation and also with analytic tools. New effiency concepts based on the gains of the basic and the optimal strategy are introduced. A general method for approximating expected gains for strategies based on card counting systems is developed. In particular it is shown how Thorp's Ten Count system and the High Low system should be used in order to get positive expected gains. This implies that in Holland Casino's it is possible to beat the dealer in practice.
Description
Pagination: 58
Date
1995
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Publisher
Unknown Publisher
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711.pdf
Adobe PDF, 778.93 KB
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Keywords
Gambling, Probability, 60E05, Black Jack, 62J05, Linear Regression, probability theory
Citation
van der Genugten, B B 1995, Blackjack in Holland Casino's : Basic, optimal and winning strategies. Research memorandum / Tilburg University, Faculty of Economics and Business Administration, vol. FEW 711, vol. FEW 711, Unknown Publisher.