I am trying to determine (once and for all) exactly what I can reasonably expect to win (in the long run) from playing blackjack with card counting. To be as specific as possible, conventional "wisdom" seems to indicate that playing (and counting) with a typical edge i.e. .05-1.0% will produce the equivalent of one minimum unit/hour. Thus, at a $25 min. table, one would expect about a $25/hr. return(assuming a reasonable betting spread of 1-4 units at a SD table) This amount can be slightly increased by either a more effective count system, stretching the spread, or more favorable table rules.
All of this calculating seems to contradict the projections of the esteemed Prof. Thorpe who states in his book(p.71) that playing a 1-10 unit spread will result in a 8-10 unit yield/ hr which is closer to the max bet. Am I missing something in the translation or is it that, given the rules of the time, his calculations were correct then, but no longer valid? I would appreciate any clarity on this matter.
All of this calculating seems to contradict the projections of the esteemed Prof. Thorpe who states in his book(p.71) that playing a 1-10 unit spread will result in a 8-10 unit yield/ hr which is closer to the max bet. Am I missing something in the translation or is it that, given the rules of the time, his calculations were correct then, but no longer valid? I would appreciate any clarity on this matter.
