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So What!
Copyright © Eliot Jacobson, Ph.D.
There is a common misunderstanding among
surveillance, security, and management that card counters are among
the top reasons that shifts lose money (or have a reduced hold). One floor manager said to me
that: “they walk out of here with $600 to $800 each time.” The primary purpose of game
protection is not to catch card counters. It is to prevent cheating and
theft by players on their own or in collusion with dishonest
employees.
Former casino executive Bill Zender said:
“Too many people in this industry sweat the games, and that makes
the players uncomfortable. These
corporations get scared if one month your hold is a couple of points
lower that it usually is, and they start panicking. But usually, it’s just the
fluctuations of the game … if you run the game right, you’ll
actually make more money than if you’re wasting all this energy on
trying to stop counters.”
“Beat the Dealer,” first published by Edward Thorpe in 1961, has
sold over 800,000 copies. It
is one of the most widely owned but least read and understood books
of all time. Many casino
executives act as though a hidden army of card counters exists and
is waiting to strike. But
there are not 800,000 card counters.
Most who “read” the book (or any other book on card
counting) have the misguided idea that blackjack is easy to beat. They head out with weakly
developed skills, a limited bankroll, to poor games, and quickly
lose their money.
I estimate that there are fewer than 2000 competent card counters
world-wide. By
competent, I mean those with the skills, bankroll, and opportunity
to play. Of these,
most are recreational players or low-level grinders. There are under 100 full time
professional card counters working right now, world-wide, with the
ability to seriously damage a casino’s hold.
I am going to pursue Zender’s insightful comment further and
explain the main reasons that most card counters should not be
backed off.
The most important reason is that the
player may not be a card counter at all. Many of those listed with
services like
Griffin
, Biometrica, and SIN are innocent bystanders who happened to be
caught in the crossfire. Do
not rely on these services for definitive information on a player. There is no course of appeal
for those listed with these services.
Incorrect information persists.
Before any action is even considered, the player should be
double checked on site by someone who is skilled in making such an
assessment.
If a player is confirmed to be a card
counter, he is still most likely a losing player. The person may appear to go
through the motions of beating the game: raising his bets with the
count, having some big winning bets, splitting tens or whatever. Here is a short list of
reasons why most card counters lose.
- They believe
some aspect of blackjack mythology (Progression betting, etc.).
- They have
weakly developed skills.
- They don’t
have an adequate bankroll to support the swings.
- They don’t
have the nerve to put out large bets when the count demands it.
- They play
games with poor rules or penetration.
Now suppose a card counter is determined
to be a winning player. What
is the real damage he can do? If
he is a low-level grinder (maximum bet under $150), then computer
simulations show that he will earn less than $25/hour from the
casino over the long run. He
will have some winning and losing days, slightly more winning than
losing, but the cost is very small.
He will definitely not walk out of the casino with $600 to
$800 each time he plays. But
his presence also has value. People
like to see winners and will be inspired to play by his success. His large wagers may
encourage others to bet large. He
may help keep a table open, or help to open a new table. He may keep others at the
table longer than they might otherwise play. In short he acts as an
unwitting shill for the casino.
Another reason that card counters should
be allowed to play is that back-offs are bad for business. Any time a skilled player is
refused service at a table it has a negative effect on the game. The card counter may be
staying at the casino with his friends or family who may not be
advantage players. When
you lose the counter’s play, you will most likely lose the play of
all these other individuals. Moreover,
the card counter may protest to the players at his table, to
management, to the media and to his friends. Other players will ask
questions and decide not to play.
When players find management acting unpleasantly, they will
not want to return. This
effect grows as they relate the story to their friends and
colleagues. The tangible
negative effects of a back-off make it a highly undesirable course
of action.
If the card counter is treated unlawfully
by the casino or its security personnel during the back-off, the
card counter most likely will (and should) pursue legal action. In a recent case, there was a
$400,000 settlement against a major strip casino for just such a
cause. Many similar
cases are pending. Card
counters, more than most, know their legal rights in a casino.
Finally, there must be a level, set by each
casino, beyond which play must be managed. A skilled player, who has
been re-confirmed by both surveillance and the floor, and who is
wagering beyond the casino’s tolerance level, can be handled
through the normal procedures the casino has in place.
When the floor supervisors, surveillance, and
management are educated in the real impact of card counters,
back-offs will become extremely rare.
The environment of the casino will improve, patrons will play
more, the hold will increase, and a few card counters might grind
out small wins. But best
of all, there will be one less problem to worry about. As Bill Zender said: “…
if you run the game right, you’ll actually make more money than if
you’re wasting all this energy on trying to stop counters.”
Web site and all contents © Copyright Jacobson Gaming,
LLC, All rights reserved.
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