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If there’s one thing everybody knows about gambling it’s that the house always wins. And while it is true that casinos always make a profit, there are a number of ways to cheat the system – some of which are actually perfectly legal.
Half a century ago, mathematician Edward Thorp published a groundbreaking book outlining how a player could use “card counting” to get an advantage in the game Blackjack by keeping track of the cards left in a deck. Ever since, casinos have been trying to eradicate card counting while card counters are getting increasingly skilled at not getting caught. So is it possible to outplay casinos today? And what will it be like in the future?
Winning Blackjack Hand. Wikipedia Commons
Casinos are businesses and operate by building in a margin – often referred to as the house edge. If thabet casino play roulette and bet on a single number you will be paid at odds of 35-1 when the true odds are 36-1 in Europe and 37-1 in the US. The fact that you are receiving less than the true odds is the house edge and explains why casinos make money in the long term. Of course, some people have to win, otherwise casinos would cease to exist.
Advantage players
What casinos don’t like are “advantage players” – people seeking to have an edge over the house. Sometimes this involves cheating and/or illegal activities ranging from past posting (making a bet after the time when no more bets are to be taken) to collaborating at the poker table and using a computer to help make decisions.
Card counting, however, is legal. In Blackjack, the aim of the player is to achieve a hand of cards whose points add up nearer to 21 than the dealer’s hand, but without exceeding 21. Many hands are played from the same deck of cards, so what happens in one hand will influence what happens in future hands. As an example, if a ten has been played from the pack then it cannot appear in the next hand. This is different from other games, such as roulette, where the outcome of one spin has no effect on the next spin.
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