In most casinos, cash is not used to make bets. In fact, most of the time that you double or split will be when the dealer has a small upcard 2—6. The Process of Winning at Blackjack. In Austria the first lottery was drawn in , during the reign of Empress Maria Theresia , and was named Lotto di Genova since it was based on 90 numbers. In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower.

BONUS PAYOFF FOR A BLACKJACK

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The dealer will convert your cash into chips and slide the chips toward you. Be sure to place the chips neatly stacked in front of you. Most casinos allow players to play more than one hand per round, assuming there are empty spots on the table. If a player does this, he must make a wager in each betting spot that he wishes to receive a hand. In most casinos, a player is required to wager double the table minimum on each hand when playing more than one hand.

Every table should have signage that specifies what the minimum and maximum betting limits are. So before you sit down to play, be sure to check the betting limits posted on the table. Prior to the deal of the cards, all players must make a bet by placing chips in their respective betting boxes. Every player and the dealer will receive two cards. The two player cards can be dealt either face up, or face down. In this case you should not handle the cards.

In games in which the dealer deals from the hand by pitching the cards to the players single- or double-deck games , the player cards are usually dealt both face down. In these games it is permissible for the player to handle the cards with one hand only, and the cards must always be above the table. This means you want the dealer to give another card to your hand. In shoe games, indicate to the dealer that you want a hit by making a beckoning motion with your finger or tapping the table behind your cards with your finger.

In hand-held games, scratch the edges of the cards in your hand lightly on the felt. If you have two like cards e. When you split, you must make another bet equal to your original bet, just place your chip next to the original chip bet on the hand. When you pair split, you are playing each card as a separate hand and you can draw as many cards as you like to each hand, except split aces; most casinos will allow only one draw card to each ace.

For example, if you were dealt a pair of 8s, and split, you would have two separate hands with a count of 8 in each hand. You are required to play out one of the split hands on your right first to completion before the other. In shoe games, you indicate that you want to split by placing another chip next to the original chip.

For hand-held games, toss the two cards you want to split face up on the layout and then make the secondary wager. Most casinos will also allow players to split any value cards such as a jack-ten or queen-king, although, as you will soon learn about pair splitting , this is not a recommended playing strategy. This means you are satisfied with the total of the hand and want to stand with the cards you have.

In shoe games, indicate that you want to stand by waving your hand over the cards, palm down. In hand-held games, tuck your cards under the chips that you have in the betting box. This playing option allows you to double your initial bet in return for receiving one and only one draw card. In most casinos, you can only double down after you receive your first two cards and before drawing another card. To signal the dealer that you want to double down in shoe-dealt games, just place your chip next to the original chip bet on the hand.

In hand-held games, toss your cards on the table face-up and then make the secondary bet. This playing option is sometimes permitted.

It allows a player to forfeit the hand immediately with an automatic loss of half the original bet. Once a player draws a card, the surrender option is no longer available. If the dealer has a blackjack hand, then surrender is not available. The player is no longer involved in that round. Another type of surrender is sometimes offered and it is known as early surrender.

Here players can surrender their hand before the dealer checks her hole card for a blackjack. Early surrender is a more favorable player option than late surrender. Here you can read more about it. Players can make an insurance bet less than or equal to one-half of the initial bet made on the hand. You win your insurance bet if the dealer has a ten-value card in the hole. A winning insurance bet pays off at 2 to 1 odds. Taking even money yields the same result as making an insurance bet on your blackjack hand.

Unlike players, the dealer in blackjack has no playing options. Casino rules specify that a dealer must draw if her hand totals less than 17 and stand when the total is 17 to In some casinos, dealers must stand on soft 17 and in others they must hit.

If the player and dealer have the same total, the hand is a tie, or push, and the player retains his bet. The casino game of blackjack has its procedures, codes of conduct, and playing strategies. The procedures are essential to ensure the security and integrity of the game. What follows is a list of common faux pas made by novice players so that you will avoid making them. All cash transactions must be visible to the security cameras, so always place your cash on the layout outside of your betting spot, and then tell the dealer what denomination chips you want.

When four or more decks of cards are used, they are usually dealt face up to each player from a dealing shoe. The reason the cards are dealt face up is two-fold. The cards in your hand must always be in full view of the dealer and the security cameras.

Therefore, you should never, for example, hold them in your lap or below the level of the table. Your original bet must stay on the layout untouched until it either wins, loses, or ties. For security reasons, you must always use hand signals, not words to signify to the dealer how you want to play your hand. If your hand gestures do not match what you say, it can be considered duplicitous or deliberately misleading, so stick to hand signals not words.

If you are wagering two or more different denomination chips, always place the higher denomination chip on the bottom of the stack. The reason is that most players have the irrational superstition that a new player entering in the middle of a shoe will change the flow of the cards on subsequent hands, causing them to lose. If you are a smoker, be courteous to your fellow players and the dealer by not blowing smoke in their direction.

A typical American roulette wheel has 38 numbers — 1 through 36 plus 0 and Suppose you place a bet on your lucky number 7. Mathematically you have a 1 in 38 chance that the roulette ball will land on 7. The odds are constant and do not change, regardless of the results of previous spins. The roulette ball, if you wish, has no memory. But the game of blackjack offers players a ray of hope.

Let me explain by way of another example. Suppose you sat down at a single-deck game and waited for the dealer to complete the shuffling of the cards before you made your first bet. What are the chances that you will be dealt a blackjack two-card hand of ace and a ten-valued card?

Mathematically you have about a 1 in 21 chance of being dealt a blackjack. Now suppose during the play of the first round you noticed that four aces had been dealt. At the start of the second round, what is your chance of getting a blackjack? In other words, your chances of winning a particular hand are quite dependent upon what cards were played in the previous rounds, meaning that blackjack is a game based on dependent trial processes.

As you will learn in subsequent chapters, the mix of the previously played cards has a great influence on your chance of winning the next hand.

This concept may seem complicated now but it will become much clearer in subsequent chapters. For now just remember these facts of blackjack: Yes, you read that right. You can reduce the house edge to virtually zero, or even enjoy a slight edge, by learning how to play your hands and how much to bet on each hand. Fortunately, not all is equal when you play blackjack. Players have certain advantages and options that are not available to the dealer.

This bonus 3 to 2 payout for the player cuts about 2. By knowing the proper hitting and standing blackjack playing strategy , a player can whittle another 3. Remember that players can stand or hit as they wish, unlike the dealer who must always stand on and hit 16 or less.

If you learn the right strategies for doubling down , you can whittle another 1. This leaves the house with about a 0.

The percentages vary slightly based on the number of decks of cards and the playing rules. Hopefully you see how crucial correct standing, doubling, and splitting are toward your goal of minimizing the house edge. In fact, most of the time that you double or split will be when the dealer has a small upcard 2—6. What follows is an example of how much money you can save by learning the correct playing strategies.

A player who mimics the dealer but gets 3 to 2 on blackjack hands would face a 5. King Francis I of France discovered the lotteries during his campaigns in Italy and decided to organize such a lottery in his kingdom to help the state finances. This attempt was a fiasco, since the tickets were very costly and the social classes which could afford them opposed the project.

During the two following centuries lotteries in France were forbidden or, in some cases, tolerated. Although the English probably first experimented with raffles and similar games of chance, the first recorded official lottery was chartered by Queen Elizabeth I , in the year , and was drawn in This lottery was designed to raise money for the "reparation of the havens and strength of the Realme, and towardes such other publique good workes".

Each ticket holder won a prize, and the total value of the prizes equalled the money raised. Prizes were in the form of silver plate and other valuable commodities. The lottery was promoted by scrolls posted throughout the country showing sketches of the prizes.

Thus, the lottery money received was an interest free loan to the government during the three years that the tickets 'without any Blankes' were sold. In later years, the government sold the lottery ticket rights to brokers, who in turn hired agents and runners to sell them. These brokers eventually became the modern day stockbrokers for various commercial ventures.

Most people could not afford the entire cost of a lottery ticket, so the brokers would sell shares in a ticket; this resulted in tickets being issued with a notation such as "Sixteenth" or "Third Class". Many private lotteries were held, including raising money for The Virginia Company of London to support its settlement in America at Jamestown. The English State Lottery ran from until Thus, the English lotteries ran for over years, until the government, under constant pressure from the opposition in parliament, declared a final lottery in This lottery was held up to ridicule by contemporary commentators as "the last struggle of the speculators on public credulity for popularity to their last dying lottery".

An English lottery, authorized by King James I in , granted the Virginia Company of London the right to raise money to help establish settlers in the first permanent English colony at Jamestown, Virginia. Lotteries in colonial America played a significant part in the financing of both private and public ventures.

It has been recorded that more than lotteries were sanctioned between and , and played a major role in financing roads, libraries, churches, colleges, canals, bridges, etc. During the French and Indian Wars, several colonies used lotteries to help finance fortifications and their local militia. In May , the Commonwealth of Massachusetts raised money with a lottery for the "Expedition against Canada". Benjamin Franklin organized a lottery to raise money to purchase cannon for the defense of Philadelphia.

Several of these lotteries offered prizes in the form of "Pieces of Eight". Washington was also a manager for Col. At the outset of the Revolutionary War, the Continental Congress used lotteries to raise money to support the Colonial Army. Alexander Hamilton wrote that lotteries should be kept simple, and that "Everybody Taxes had never been accepted as a way to raise public funding for projects, and this led to the popular belief that lotteries were a form of hidden tax.

At the end of the Revolutionary War the various states had to resort to lotteries to raise funds for numerous public projects. The first big lottery on German soil was held in in Hamburg. In Austria the first lottery was drawn in , during the reign of Empress Maria Theresia , and was named Lotto di Genova since it was based on 90 numbers. The first Spanish lottery game was played back in and, over the last two centuries, playing the lottery in Spain has developed into a tradition.

The name Sorteo de Navidad was used for the first time in The Spanish Christmas lottery is the second longest continuously running lottery in the world. This includes the years during the Spanish Civil War when the lottery draw was held in Valencia after the Republicans were forced to relocate their capital from Madrid. After the overthrow of the Republican government the lottery continued uninterrupted under the Franco regime.

The first lottery in Australia took place in the s in Sydney. It was a private sweepstakes that was quickly prohibited, despite being moved to other areas such as Queensland and Victoria. Its first draw is credited with raising funds for veterans of World War One. The five lotteries offer draw games, scratch cards, and sports betting —the latter primarily under the brand Sport Select.

As measured by the total prize payout, the Spanish Christmas Lottery is considered the biggest lottery worldwide. A lottery was first held in Thailand then known as Siam in during the reign of King Chulalongkorn Rama V , as part of an international fair organised for his birthday.

A lottery was organised in by the British government with Thai consent to help finance Britain's war effort. Lotteries were held intermittently until , when they became regularised under the finance department. The drawings take place on the 1st and 16th of each month, with the top price now up to 32 million baht.

Shrines of local folklore and popular religion , such as Nang Ta-Khian , are often propitiated in order to be lucky in the Thai lottery draw. The principal lottery in the United Kingdom is the National Lottery , a state-franchised lottery sanctioned by the Gambling Commission formerly the National Lottery Commission , and established in It is operated by the Camelot Group , which was first granted the franchise in Camelot's current franchise agreement runs through To comply with the Gambling Act, which forbids other parties from operating a national lottery, The Health Lottery operates as an umbrella corporation representing a group of 51 society lotteries across the United Kingdom with a common drawing and prize pool.

Each drawing is held on behalf of one or more of the society lotteries, whose revenues go to support health-related causes in their respective area. The Health Lottery received criticism on launch for only pledging to donate Lotteries are operated at the state level in the U. In January , Powerball set a record for the largest lottery jackpot in U. The precursor to legal lotteries were the underground " numbers game " of the s, which operated out of "Policy shops" where bettors choose numbers.

In , a report of a select committee of the New York State Assembly stated that "the lowest, meanest, worst form The game was also popular in Italian neighborhoods known as the Italian lottery , and it was known in Cuban communities as bolita "little ball".

The game's attractions to low income and working class bettors were the ability to bet small amounts of money, and that bookies could extend credit to the bettor. In addition, policy winners could avoid paying income tax. Different policy banks would offer different rates, though a payoff of to 1 was typical. Since the odds of winning were The first modern government-run US lottery was established in Puerto Rico in , [22] followed by New Hampshire in In , Ohio became one of the first states to offer people a digital lottery option.

The technology, developed by Linq3, allows players to play the lottery on their smart phones. Lottery industry start operated in Malaysia on early by Berjaya Group. Founded and incorporated by the Malaysian Government in , it was focused on the commercialisation of 4-Digits —based games. On 1 August , the government in a non- tender privatisation , sold the company to businessman Vincent Tan who merged it into his Berjaya Group.

It claims to be the largest operator in Malaysia of 4D-based games, with sales outlets offering a total of 7 games. The purchase of lottery tickets cannot be accounted for by decision models based on expected value maximization. The reason is that lottery tickets cost more than the expected gain, as shown by lottery mathematics , so someone maximizing expected value should not buy lottery tickets.

Yet, lottery purchases can be explained by decision models based on expected utility maximization, as the curvature of the utility function can be adjusted to capture risk-seeking behavior. More general models based on utility functions defined on things other than the lottery outcomes can also account for lottery purchase.

In addition to the lottery prizes, the ticket may enable some purchasers to experience a thrill and to indulge in a fantasy of becoming wealthy. If the entertainment value or other non-monetary value obtained by playing is high enough for a given individual, then the purchase of a lottery ticket could represent a gain in overall utility. In such a case, the disutility of a monetary loss could be outweighed by the combined expected utility of monetary and non-monetary gain, thus making the purchase a rational decision for that individual.

The chances of winning a lottery jackpot can vary widely depending on the lottery design, and are determined by several factors, including the count of possible numbers, the count of winning numbers drawn, whether or not order is significant, and whether drawn numbers are returned for the possibility of further drawing. In a simple 6-from lotto , a player chooses six numbers from 1 to 49 no duplicates are allowed.

If all six numbers on the player's ticket match those produced in the official drawing regardless of the order in which the numbers are drawn , then the player is a jackpot winner. For such a lottery, the chance of being a jackpot winner is 1 in 13,, In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower.

In the Mega Millions multi-state lottery in the United States, 5 numbers are drawn from a group of 75 and 1 number is drawn from a group of 15, and a player must match all 6 balls to win the jackpot prize.

The chance of winning the jackpot is 1 in ,, The odds of winning can also be reduced by increasing the group from which numbers are drawn. In the SuperEnalotto of Italy, players must match 6 numbers out of Most lotteries give lesser prizes for matching just some of the winning numbers, with a lesser prize for fewer matches.

Although none of these additional prizes affect the chances of winning the jackpot, they do improve the odds of winning something and therefore add a little to the value of the ticket.

USING THE PROPER HITTING AND STANDING STRATEGIES

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