site banner
anewyorkrat  6mo ago (image post)   Edited 6mo ago   708 thread views

NYC Rats (rationalists) Gambling strategy & halloween party night [10/31]

Unable to load image 

							
							
The NY rats (rationalists) are hosting a gambling strategy night, led by our very own Professional gambler Val [redacted] who's come back from Puerto Rico to show us the ropes of how beat the house at blackjack.


We'll then be having a somewhat impromptu Halloween party, with karaoke.
In the city? come along!


Time: 7:00 PM tonight [10/31]
Location: [redacted after event]



							

						

					


					
							
							

								

				
						

						

					

					

					

						

						

						6
						

					

					
				

			

		


		
	


 

	

		

			
		

	






	

		

			

	
	

	 Top Bottom Old Controversial Comments
	



		


	
		

			
		

	
		

			

				
Jump in the discussion.

				
No email address required.

				
			

		

	

	

	
	

	
		
	

	

  








	

	

		
			

			

				

			

		

			


				

					
What was taught?


				

				

						

							

								
							

						


						
					

				
			


			

	


			
			 
				
					

						
					

				
			
		

	







	

	

		
			

			

				

			

		

			


				

					
I could not attend because of location, but card counting is pretty cool. Perfect memory of Basic Strategy charts (i.e. when to hit/stand/double down/split) isn't enough to get an edge on the house. Card counting systems like Hi-Lo are typically for choosing your bet size so that you only bet larger sums of money for when the deck becomes stacked in your favor, which usually happens when a lot more low cards get randomly dealt out. Casinos try to avoid this by adding more decks to the card pool, and it does make it harder to find opportunities where you can reliably beat the house edge. A good card counter is looking for a blackjack game that is more easily exploitable so that's he's not waiting around all the time and making it increasingly obvious what he is doing. Failure mode is of course getting kicked out by the Casino, or maybe that's a win?


I've heard there is another level above basic card counting where you are using distribution of cards still in the deck to inform your Basic Strategy plays, so that you can increase your profits even more, but I don't know how I'd even begin to remember that.


				

				

						

							

								
							

						


						
					

				
			


			

	


			
			 
				
					

						
							



	

	

		
			

			

				

			

		

			


				

					
So many places use auto shufflers now and/or reshuffle only 1/3 or 1/2 way into the way into an 8 deck shoe that it is basically a thing of the past. Or don't pay 1.5 on a blackjack anymore etc...Blackjack has become enshitified.


				

				

						

							

								
							

						


						
					

				
			


			

	


			
			 
				
					

						
					

				
			
		

	



						
					

				
			
		

	







	

	

		
			

			

				

			

		

			


				

					
Oh hey. I might have checked it out, but that was a little short notice, I'm just reading it now.


				

				

						

							

								
							

						


						
					

				
			


			

	


			
			 
				
					

						
					

				
			
		

	







	

	

		
			

			

				

			

		

			


				

					
How was this? I’m an amateur card counter myself, always interested in hearing other peoples casino experiences.


				

				

						

							

								
							

						


						
					

				
			


			

	


			
			 
				
					

						
					

				
			
		

	




	

	

	

	

	

	
	

	
	

	
 















	






			
			

		

		
			
				


	

		
	


	


		
What is this place?

		

			This website is a place for people who want to move past shady thinking and test their ideas in a 
			court of people who don't all share the same biases. Our goal is to 
			optimize for light, not heat; this is a group effort, and all commentators are asked to do their part.



			The weekly Culture War threads host the most 
			controversial topics and are the most visible aspect of The Motte. However, many other topics are 
			appropriate here. We encourage people to post anything related to science, politics, or philosophy; 
			if in doubt, post!


			
			Check out The Vault for an archive of old quality posts. 
			You are encouraged to crosspost these elsewhere.
		


		

		
Why are you called The Motte?

		

			A motte is a stone keep on a raised earthwork common in early medieval fortifications. More pertinently, 
			it's an element in a rhetorical move called a "Motte-and-Bailey",
			originally identified by 
			philosopher Nicholas Shackel. It describes the tendency in discourse for people to move from a controversial 
			but high value claim to a defensible but less exciting one upon any resistance to the former. He likens 
			this to the medieval fortification, where a desirable land (the bailey) is abandoned when in danger for 
			the more easily defended motte. In Shackel's words, "The Motte represents the defensible but undesired 
			propositions to which one retreats when hard pressed."



			On The Motte, always attempt to remain inside your defensible territory, even if you are not being pressed.
			
		


		

		
New post guidelines


		

			If you're posting something that isn't related to the culture war, we encourage you to post a thread for it.
			A submission statement is highly appreciated, but isn't necessary for text posts or links to largely-text posts
			such as blogs or news articles; if we're unsure of the value of your post, we might remove it until you add a
			submission statement. A submission statement is required for non-text sources (videos, podcasts, images).



			Culture war posts go in the culture war thread; all links must either include a submission statement or
			significant commentary. Bare links without those will be removed.



			If in doubt, please post it!
		


		

        
Rules

		

		


		
Recommended Posts And Communities

		

		
Recommended Realtime Chats