
Beat the Dealer: A Winning Strategy for the Game of Twenty-One


I started with the fact that the strategy I had used in the casino assumed that every card had the same chance of being dealt as any other during play. This cut the casino’s edge to just 0.62 percent, the best odds of any game being offered. But I realized that the odds as the game progressed actually depended on which cards were still left in the
... See moreEdward O. Thorp • A Man for All Markets
The IBM 704 had done a thousand man-years of hand calculations in just ten minutes of computer time. I looked at these results with great excitement, for they would very likely either prove I was right or dash my hopes. The result was a player disadvantage of 2.72 percent with all the Aces gone—2.51 percent worse than the overall 0.21 percent casin
... See moreEdward O. Thorp • A Man for All Markets


