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A scintilla's worth of difference is not significant to any of us.
Not worthy of discussion. The "Cut Card Effect" is meaningful in
a pitch game, although I have not seen a casino deal any BJ
without a cut card in decades. Without a cut card the casinos in
Reno used to use "Preferential Shuffling". They may still do that
for all I know, as I have not been there in six years.
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Except for the fact that Don himself felt compelled to answer the question. I'm new around here so I'm not going to say much...I have no idea of the history of what the hell is going on between some posters and really don't care. But some people really need to grow up...
To add to Don's great description of the thought experiment of "sliding" the cut card ever deeper into the shoe: the cut card effect, however small, exists because we restrict play to a fixed number of cards dealt from the shoe. If we hypothetically instead always stop and re-shuffle after a fixed number of rounds, then the cut card effect disappears entirely, and the answer to the OP's question is "no, the expected return for the fixed-strategy player-- whether basic strategy or any other strategy, as long as it doesn't change from one round to the next-- is exactly the same for every round played."
Don gave a very good explanation of the transition of house edge for nearly zero pen to a slighter house edge for 5/6 pen. Mathematically spoken it is similar to the intermediate value theorem of continuous functions in calculus. Now the cards are a discrete not continuous function but this is neglectible for as many as 312 cards.
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