Let is be known that this article is not about card counting. It's about knowing some simple facts and being aware of how you're doing in your session to figure out good time areas to bet more and less.
Facts
The following facts (or stats) are based on a single deck. We will build our blackjack strategy from these facts.
Probability of being dealt:
20 is 9% or once per eleven hands
Blackjack is 2.4% or once per forty-two hands.
If you can remember these two simple facts, then we can begin with our simple strategy.
Strategy
To win long-term in blackjack, you must alter your bets. If you simply bet $5 each and every hand, you are limiting yourself to the luck of the draw. This strategy is very simple and is designed to get you thinking about other ways to play the game of blackjack.
Pay attention to every hand you are dealt and count how long it has been since you were dealt a 20 and a blackjack. Remember, we are talking about the first two cards you are dealt and not what your final hand ended up being. Looking at the facts above, we can see that a player should be dealt a 20 once per eleven hands and a blackjack once per forty-two hands.
These facts are mathematical probabilities and hold true in the long run. So, you are playing a game of blackjack, counting the number of hands since your last 20, and you notice it has been ten hands. Math tells us that the likelihood of receiving a 20 in one of the upcoming few hands is high. This would be an excellent time to increase your bet some.
Later you notice that you have not had a blackjack in 40 hands. Since the average is one in forty-two hands, the probability of receiving a blackjack soon is high. If your probability of receiving a 20 is high as well, perhaps betting a little more each hand is a good choice.
Continuing Forward
This simple strategy is not meant to be the only thing you think about at the blackjack table. It is merely a set of facts to keep in the back of your mind as you make game decisions. As your blackjack ability progresses, you will learn to keep other facts in your mind and learn when those sagame rare moments come that are perfect for striking and increasing your bankroll. The mathematical numbers hold true over the long-term, but short-term they are subject to wild variances. For example, you could receive two blackjacks in a row and then receiving none over the next 100 hands. Keep playing and learning--have fun.
If you want to find out more about Blackjack, Blackjack systems and gambling in general, visit my main website--WiseBettor.com. You will find articles about everything from sports betting (picks and more) to winning at your favorite casino game to reviews on gambling products, services and places.
UIGEA Rules Specified by US Treasury
Seen as a last hoorah by the Bush Administration, the U.S. Treasury has just released the rules and regulations required for the implementation of the Unlawful Internet Gambling Encorcement Act (known as the UIGEA). The UIGEA, passed by Congress in 2006, attempted to eradicate any gambling transactions facilitated by the U.S. banking system.
The UIGEA was deceptively attached to a "guaranteed-to-pass" Ports bill, by several Republican legislators, in an attempt to preserve the ability for U.S.-based land casinos to enter into the online gambling market at some juncture down the road. Those who attached the UIGEA to the ports bill, claimed to be doing so for moral and ethical reasons, although the true intent was quite clear, since there were specific carve-outs for horse-racing, interstate lotteries,
and fantasy sports websites. The hastily and poorly-crafted UIGEA legislation failed to identify what illegal gambling transactions actually were, and failed to identify which companies were deemed to be illegal from a transactions standpoint. These major gaffes and omissions made it entirely impossible for the banking system to even contemplate the correct implementation of the UIGEA. Hence, implementation of the UIGEA was effectively delayed.
The Bush administration is attempting a final effort at implementing the UIGEA, with the official rules just having been released by the U.S. Treasury Department. The outgoing Republican party is pushing for this implementation before they leave office, as is common with many exiting administrations.
Unfortunately, UIGEA's passage forced many ouside-the-U.S. public poker and casino online gambling companies to shut their doors to U.S. players, as they were effectively threatened by the U.S. Department of Justice with sanctions, should they not adhere to the UIGEA. For fear of retribution and damage to their public reputations, many of these companies left the U.S. market. Several lawsuits resulted, and to this day, several countries (e.g., Barbados and Antigua) have ongoing litigation with the World Trade Organization (WTO) over the effects of the UIGEA on their bottom line. The issue at
hand has been the United States government's control of the Internet and offshore commerce, when these companies clearly reside outside of the United States, and are governed and regulated by their own countries.
With the U.S. Treasuries' regulations now being handed down to the U.S. banking system, the banking system still does not seem to be clear on how to differentiate between "legal" and "illegal" gambling transactions, and is leaning to just banning all "gambling" transactions, which could be devastating for any legal gambling entities (e.g., horse-racing). Moreover, given the magnitude of today's global financial banking crisis, it seems rather imprudent for the banking system to be spending their time implementing rules for online gambling transaction prevention. Even further to the point, the banking
system is being asked to implement the Treasuries' rules, at their own costs. There are many groups that oppose the implementation of these rules (especially at this particular time), and those groups wish to defer any rulings until an Obama-led administration is in office. Obama is thought to be internet-gambling friendly, and potentially open to the legalization and regulation of online gambling. Such open mindedness, could clearly result in a better-managed online gambling environment, and also could clearly result in a tax windfall for the U.S., which could help combat our rising budget deficit.
Given the timing of the Treasury publishing these rules while the country is in economic turmoil, it is unlikely that the banking system will consider UIGEA implementation during the final months of the Bush administration. Expect these issues to be revisited (possibly in a different light), when Obama takes office. Read more
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