Card Counting Persuasive Essay

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There are plenty of opportunities to make money online. There's selling off your stuff on ebay, there's making money as a product affiliate and of course there's gambling. Of the various method this last one has to be the most risky. After all, from Casino Roulette to betting on the horses, only a select few lucky punters have ever made a consistent profit. The real winners are the end of the day are always the bookies and casinos.

But is that really true? Surely in this modern era someone must have discovered a way to beat them? Well, yes. The father of modern Casino Winner is considered to be American mathematician Edward O. Thorp. So, what did he invent and how did it beat the casinos?

Card Counting

Thorp published the now seminal work …show more content…

When they do so, they can really jack up the odds in their favour. The team will consist of 'spotters', who sit at various tables counting the cards, waiting for a deck rich in 10's and A's. When that happens, they signal to another member of the team (The 'Big Player') to come and play with maximum bets. In this way, the Big Player can move from table to table, with seemingly random play, and make big wins at each one. Card counting team have walked away with millions from the …show more content…

Scalping those casinos! This technique is altogether easier and has the advantage of working online. The theory goes like this: we already know that when playing Blackjack with perfect strategy (which can be easily done by following a strategy card), the house will have an edge of around 0.5%. Now, a lot of online casinos will offer players a cash bonus of between 100%-200% of their initial deposit amount. To be able to claim the bonus, you generally have to play around 20x your deposit amount. So, let's say we deposit 100GBP. In order to claim our bonus of 200GBP, we must bet at least 20x100, or 2000GBP. If we play perfect Blackjack we can expect to lose around 0.5% of 2000, or around 10GBP. This leaves us able to walk away with

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