At the same time, they laughed and thought that writing on the card was really silly. However, he did not pay attention, as Edward was investing, not gambling. He told himself that he would definitely find a way to beat this game.
Strategy Research
After returning from the casino, he meticulously studied what he had observed and recorded. Of course, thanks to his innate ability and extraordinary determination, he made a breakthrough. He completed a programming course, and shortly after, in 1959, Edward Thorp created a card counting system that tracked the cards that had been dealt. This is considered a major turning point not only for him but for the entire game of Blackjack.
Returning to the Casino to “Take Down” the House
This was the second time he entered the casino. This time he returned using his card counting machine, challenging the casino dealer. Those who mocked him before now had their mouths agape in astonishment. After validating the results that gained everyone’s trust, instead of continuing to play, he started a business. By helping other players win, he earned $50 to $500 each time. Officially igniting the war with the house.
Of course, the house could not let Edward Thorp run rampant like that; they requested the dealer to shuffle the cards continuously with more randomness. However, this method could not defeat his card counting technique. This further proved that Ed Thorp’s system was indeed effective. The peak was when he helped a player win $11,000 in just 30 hours – this was truly insane. The house had no choice but to ban those using the card counting system, even changing the rules of the game.
Edward Thorp’s Card Counting Method
The loophole exploited here is the “advantage of the house & the player”; if one is astute enough to detect it, the winning odds will skyrocket.
The Key Points in Edward Thorp’s Card Counting Method
The card counting method is a technique that helps Blackjack players know when they have an advantage and helps them seize the opportunity to win. Choosing the right moment and increasing the bet is the way to go. Otherwise, bet less or stop playing. Based on Edward Thorp’s card counting technique, we can see some points as follows:
- Cards 10, face cards, and Aces provide a higher advantage for the player compared to cards from 2 to 6.
- Cards from 7 to 9 are neutral and do not provide an advantage for either the player or the house.
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Revealing Edward Thorp’s Card Counting Method
Card counting is something that Blackjack players always want to learn. Below, Vaobo88 will share Edward Thorp’s basic card counting method, in just 2 steps:
Many people study his thinking and playing styleStep 1: Assign values to the cards. For cards that provide an advantage to the player, assign +1, and assign -1 for cards that provide a higher advantage to the house. For cards from 7 to 9, assign a value of 0. Step 2: Add up the points of all the assigned values. At that point, two cases occur:
- Total positive points and there are still many cards left to be dealt. In this case, you should increase your bet to win more rewards.
- Total negative points and there are few cards left to be dealt. At this point, you should reduce your bet because this situation is very easy to lose.
Conclusion
It can be said that Edward Thorp has become a legend in the world of Blackjack betting. That’s why you shouldn’t think that the house always wins in the end. Occasionally, there will be outstanding gamblers who make extraordinary plays that go down in history. Of course, they can completely live off gambling very well. Even with such intelligence, it is natural for them to easily succeed if they jump into other fields.
