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The count starts at 0 for a freshly shuffled deck for "balanced" counting systems. Unbalanced counts are often started at a value that depends on the number of decks used in the game. Blackjack's house edge is usually around 0.5–1% when players use basic strategy. [19] Card counting can give the player an edge of up to about 2%. [20]: 5
The newly capitalized "bank" of the MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000, with both outside investors and players putting up the capital. Ten players, including Kaplan, Massar, Jonathan, Goose, and "Big Dave" (aka "coach", to distinguish from the other Dave from the first round) played on this bank.
Card counting is based on statistical evidence that high cards (aces, 10s, and 9s) benefit the player, while low cards, (2s, 3s, 4s, 5s, 6s, and 7s) benefit the dealer. High cards benefit the player in the following ways: They increase the player's probability of hitting a Blackjack, which often pays out at 3 to 2 odds (although some casinos ...
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