Some Action: Math for the management

[Some Action]

Casino management using hourly expectations to max their bottom line. Very interesting read.

SA

blackjack approximator

[Norm Wattenberger]

As I said elsewhere, I've given a lot of thought to such software, and I don't think it has any value at catching good counters. MGM has been using BJ Survey for 15 years. It recommends that you follow 150 hands. In 150 hands, there is no way that you can find a significant number of examples like these. How often do they think 10v5 at a TC>5 occurs? I wish the count increased that high that often.

Realize that you will only be tracked if the pit calls surv, and they agree. In the first eleven years, MGM surveyed only 650 players (five a month). The program claimed 10% of those were counters with an edge (0.5 per month). I'd love to know how many of those identifications were correct.