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Blackjack in Holland Casino's: basic, optimal and winning strategies

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  • B. B. Van Der Genugten

Abstract

This paper considers the card game Blackjack according to the rules of Holland Casino's in the Netherlands. Expected gains of strategies are derived with simulation and also with analytic tools. New efficiency concepts based on the gains of the basic and the optimal strategy are introduced. A general method for approximating expected gains for strategies based on card counting systems is developed. In particular it is shown how Thorp's Ten Count system and the High‐Low system should be used in order to get positive expected gains. This implies that in Holland Casino's it is possible to beat the dealer in practice.

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  • B. B. Van Der Genugten, 1997. "Blackjack in Holland Casino's: basic, optimal and winning strategies," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 51(3), pages 318-344, November.
    • Handle: RePEc:bla:stanee:v:51:y:1997:i:3:p:318-344
    DOI: 10.1111/1467-9574.00057
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    Cited by:

    1. van der Genugten, B.B. & Borm, P.E.M., 2014. "Cash and Tournament Poker : Games of Skill?," Other publications TiSEM edc02e9c-cda1-4531-b320-7, Tilburg University, School of Economics and Management.
    2. van der Genugten, B.B. & Borm, P.E.M., 2014. "Texas Hold’em : A Game of Skill," Other publications TiSEM e5edc6e2-5cad-4e87-8158-7, Tilburg University, School of Economics and Management.

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