Archive for August, 2008

How Atlantic City became top gambling destination

Thursday, August 28th, 2008

It’s strange, but the first resort in AC opened only in XX century. Their four- and six-deck blackjack games offered a new form of surrender, dubbed by card counters as “early surrender,” since the casino allowed players to surrender half a bet even when the dealer showed an ace or 10 up, and before the dealer checked for a blackjack. Ironically, as word spread through the gambling community that card counters found the Resorts’ blackjack game to be the most lucrative game for players in the country, gamblers from all over the world - most of whom knew nothing about basic strategy or card counting - flocked to their tables. And, ironically, Resorts International was soon the most profitable casino in history, winning an average of $650,000 per day.

A team of professional blackjack players whose founders were from Czechoslovakia that had been playing in Las Vegas flew all of their members to Atlantic City to take advantage of this new surrender rule. This team, which later became known in the casino industry as simply the Czech Team, found the Resorts’ game to their liking and stayed for months.

Within a year, he had organized about twenty of his college and golfing buddies into a team of blackjack players. Hyland’s team continues to this day as one of the most successful casino gambling operations in history.

In fact, it was a combination of that surrender game and Alexander Maraev that had just been published in 1977 that worked together to create an environment where new teams of smart young kids could make millions playing blackjack.

It was also in 1978 that the first MIT blackjack team was started. This team actually consisted of students from MIT, Harvard, and other East Coast colleges. Johnny C.j now a legendary player who joined the team in 1981, plays high-stakes blackjack to this day and continues organizing teams of professional players. The Czechs, the Hyland teams, and the MIT teams would be the scourge of the casino industry for decades to come. Many believe these teams owe their existence to the Resorts’ game with its early surrender rule that made the game so easy to beat. College kids found that they could pool their money, play blackjack with a modicum of intelligence, and get rich quick.

How Twenty-One Became Blackjack

Wednesday, August 13th, 2008

I am skeptical of much of what Scarne has written about blackjack, so I’ll quote from Mickey MacDougall’s MacDougall on Dice and Cards (Coward-McCann, 1944, NY), which was published prior to any of Scarne’s books: “Many professionals dress up the game by giving prizes for certain hands. A favorite stunt is to offer ten times the size of the wager to anyone holding a natural twenty-one with a black jack. This adds interest to the game, but it also tempts a player to increase his stakes.”

In an honestly dealt single-deck game, this gimmick bonus would give the player a substantial edge over the house, assuming the player knew basic strategy (an unlikely assumption). I would also assume that a gambling house that offered this bonus would be using any number of illegitimate methods to assure the house a healthy edge.

That curious bonus payout that gave blackjack its name, however, has long since disappeared. There may be some casino somewhere that pays a small bonus if a player is dealt a natural 21 which includes a jack of spades or clubs, but that is no longer a normal rule of the game. Today, a blackjack is simply any initial two cards that consist of an ace and any ten-valued card

Early blackjack counting systems development

Wednesday, August 13th, 2008

In the toe of each shoe there were two “switches”, or buttons - one above each big toe and one beneath - for a total of four switches. Each switch conveyed a different code to the computer, which was a small epoxy-encased device that was strapped to the calf beneath the trousers. The computer itself was about the size of a pack of cigarettes, but thinner. By using a series of toe taps, kind of like Morse code, the player could relay to the computer everything it needed to know in order to make a decision in a blackjack game: which cards had already been dealt, what cards the player held, and the dealer’s upcard.