The Theory of Blackjack - The Compleat Card Counter's Guide to the Casino Game of 21 by Peter A Griffin 5th Edn Indexed (1996).pdf

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The THEORY of
BLACKACK
The Compleat Card Counter's
Guide to the Casino Game of 21
PETER A.GRIFFIN
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Las Vegas, Nevada
The Theory of Blackjack: The Compleat Card Counter's Guide
to the Casino Game of 21
Published by
Huntington Press
3687 South Procyon Avenue
Las Vegas, Nevada 89103
(702) 252-0655 vox
(702) 252-0675 fax
Copyright
©
1979, Peter Griffin
2nd Edition
Copyright
©
1981, Peter Griffin
3rd Edition
Copyright
©
1986, Peter Griffin
4th Edition
Copyright
©
1988, Peter Griffin
5th Edition
Copyright
©
1996, Peter Griffin
ISBN 0-929712-12-9
Cover design by Bethany Coffey
All rights reserved. No part of this publication may be translated,
reproduced, or transmitted in any form or by any means, electronic or
mechanical, including photocopying and recording, or by any
information storage and retrieval system, without the expressed
written permission of the copyright owner.
TABLE OF CONTENTS
FOREWORD TO THE READER
1 INTRODUCTION
Why This Book?
Difficulty Interpreting Randomness
Blackjack's Uniqueness
Use of Computers
Cheating
Are Card Counters Cheating?
Appendix
Bibliography
2 THE BASIC STRATEGy
Definition of Basic Strategy
Hitting and Standing
Doubling Down
Pair Splitting
Summing Up
Condensed Form of Basic Strategy
House Advantage
Appendix
3 THE SPECTRUM OF OPPORTUNITY
An Example
Bet Variation
Strategy Variation
Insurance is 'Linear'
Approximating Bet Variation
Approximating Strategy Variation
How Much Can be Gained by Perfect Play?
Average Disadvantage for Violating Basic Strategy
Volatility
Appendix
4 EXPLOITING THE SPECTRUM-SINGLE PARAMETER
CARD COUNTING SYSTEMS
The Role of the Correlation Coefficient
Efficiency
Betting Correlation
Strategic Efficiency
Proper Balance Between Betting and Playing Strength
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2
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20
21
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23
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24
25
26
28
28
28
32
40
41
42
43
45
47
Simplicity Versus Complexity
Appendix
48
50
56
57
5 MULTIPARAMETER CARD COUNTING SYSTEMS
Keeping Track of a Single Denomination
The Importance of the Seven When You Have
Fourteen Against a Ten
Ultimate Human Capability
The Effect of Grouping Cards
John Henry vs the Steam Engine
Appendix
6 TABLES AND APPLICATIONS
Insurance and Betting Effects
Virtually Complete Strategy Tables
How to Use These Tables
Quantify the Spectrum of Opportunity at Various
Points in the Deck
The Normal Distribution of Probability
Chance of Being Behind
Distribution of a Point Count
How Often is Strategy Changed?
Gain From Bet Variation
Appendix
7 ON THE LIKELY CONSEQUENCES OF ERRORS IN
CARD COUNTING SYSTEMS
Two Types of Error
An Exercise in Futility
Behavior of Strategic Expectation as the Parameter
Changes
An Explanation of Errors
Appendix
8 MANY DECKS AND DIFFERENT RULES
The Effect of Rule Changes
Opportunity Arises Slowly in Multiple Decks
Betting Gain in Two and Four Decks
No Hole Card
Surrender
Bonus for Multicard Hands
Double Exposure
Atlantic City
Appendix
58
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72
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