What type of surrender it is?

[black_armada]

Hello.
I have a few questions. First of all, what does the casino edge 0.40 % mean? Does it mean that casino chances to win are 50.40 %. Or does it only meant that casino chances to win is 50.20% and the player propability to win is 49.80%?

Moreover, I would be grateful if anyone could answer to another question too. There I play dealer does not deal the dealer's second card until each player at the table has finished his hand. As far as I understand it means that it is Eurpean style (no peek). However, I cannot understand a type of surrender which is offered. I read that main difference between Early and Late Surrender is that ": In early surrender, you have the opportunity to surrender BEFORE the dealer checks to see if he has a natural blackjack". At the casino there I play it is forbbiden to surrender only against Ace. However, if dealer has 10 you can surrender and you do not lose the whole bet even if the dealer gets black jack finally. So I would be interesting to find out hat kind of surrender it is and what basic strategy to use in such a game ( 6 decks, S17, DAS). (particularly then the dealer gets ACE)

Thank you for you time in advance

[Canceler]

Originally Posted by black_armada

I have a few questions. First of all, what does the casino edge 0.40 % mean?

It means that on average for every $100 you bet the casino will win $0.40.

Someone else will have to answer your surrender question. Maybe that same person would be kind enough to answer this question.

[KenSmith]

You are describing a game with ES vs 10, but no surrender against an Ace. The Strategy Engine doesn't currently have an option for that. Instead, you'll have to mix and match. Produce a No-peek early surrender chart, and use that for dealer upcards other than Ace. Then produce a no-peek no surrender chart to see how to play against a dealer Ace.

The other post is being answered now.

[QFIT]

European No hole Card Early Surrender vs. Ten. Below is a HiLo index table for ENHC ES10. For Basic Strategy in this case, Surrender at any zero or negative number.

[Canceler]

Originally Posted by KenSmith

The other post is being answered now.

Thanks, Ken!

[Mr. T]

Can you tell me what is the correct play against the Ace in this ENHC game. In particular hit or stand 16 against the Ace.

[QFIT]

Originally Posted by Mr. T

Can you tell me what is the correct play against the Ace in this ENHC game. In particular hit or stand 16 against the Ace.

16vT, Hit below +8 or +9 depending on exactly how you calc TC. Basically, just hit it and feel good if you push.

[GeorgeD]

Originally Posted by Canceler

It means that on average for every $100 you bet the casino will win $0.40.

Someone else will have to answer your surrender question. Maybe that same person would be kind enough to answer this question.

Yes, but this confused me for a while. If you buy in for $100, itb doesn't mean you will lose .40, but if an average bet of $10, the BS player will play maybe 60 hands per hour so you BET $600 per hour and in the long term should lose 60*.40 or $2.40 per hour. The variance should work on a given session to somewhere around $-300 to $+200 per hour.

About right, folks?

[Kasi]

Originally Posted by Canceler

It means that on average for every $100 you bet the casino will win $0.40.

To me it means, if u played 100 hands at $1/hand, you'd expect to lose $0.40

By which time you will have probably wagered $110-$112 or so.

So the money you lose on total wagers is less than the HA.

[QFIT]

There are two ways of calculating edge or expected value (EV): Total Bet Advantage (TBA) is the amount won / amount bet including doubles, splits and insurance. Initial Bet Advantage (IBA) is the amount won / the initial bet. IBA is the standard. The only book that comes to mind that appears to use TBA is Million Dollar BJ. (If I remember correctly.) At first glance it might seem that TBA is more fair since it includes all your bets. But IBA is important in measuring risk since once you have made your initial bet; you have essentially committed to making the doubles and splits that arise. Variance must be calculated using the initial bet since it is based on the total outcome that can result from an initial outlay. And that is an important aspect of any bet.