Blackjack Dealer Quotes

In the abstract, life is a mixture of chance and choice. Chance can be thought of as the cards you are dealt in life. Choice is how you play them. I chose to investigate blackjack. As a result, chance offered me a new set of unexpected opportunities.

Entranced by her gorgeous green eyes, I realize that the Queen of Hearts is not in the blackjack dealer’s deck, but rather sitting at the table drinking a watered-down Vodka Cranberry.

As I kept walking, I thought about that blackjack dealer, and how bone-deep terrifying it is to be a child and know that you cannot decide what adults do to you.

I've always been his favorite." "Is that so?" Lazily Shelby folded her arms behind her head. She could picture him as a boy,seeing beyond what other boys saw and storing it. "Why?" "If I weren't modest,I'd confess that I was always a well-mannered, even-tempered child who never gave my parents a moment's trouble." "Liar," she said easily. "How'd you get the broken nose?" The grin became rueful. "Rena punched me." "Your sister broke your nose?" Shelby burst out with delighted and unsympathetic laughter. "The blackjack dealer, right? Oh,I love it!" Alan caught Shelby's nose between two fingers and gave it a quick twist. "It was rather painful at the time." "I imagine." She kept right on laughing as he shifted to her side. "Did she make a habit of beating you up?" "She didn't beat me up," he corrected with some dignity. "She was trying to beat Caine up because he'd teased her about making calf's eyes at one of his friends." "Typical brotherly intimidation." "In any event," Alan put in mildly, "I went to drag her off him,she took another swing,missed him, and hit me. A full-power roundhouse,as I remember. That's when," he continued as Shelby gave another peal of laughter, "I decided against being a diplomat. It's always the neutral party that gets punched in the face." "I'm sure..." Shelby dropped her head on his shoulder. "I'm sure she was sorry." "Initially.But as I recall, after I'd stopped bleeding and threatening to kill both her and Caine, her reaction as a great deal like yours." "Insensitive." Shelby ran apologetic kisses over his face. "Poor baby. Tell you what, I'll do penance and see about fixing you breakfast.

Mom once snuck me into a casino. We were going on vacation to Crater Lake and we stopped at a resort on an Indian reservation for the buffet lunch. Mom decided to do a bit of gambling, and I went with her while Dad stayed with Teddy, who was napping in his stroller. Mom sat down at the dollar blackjack tables. The dealer looked at me, then at Mom, who returned his mildly suspicious glance with a look sharp enough to cut diamonds followed by a smile more brilliant that any gem. The dealer sheepishly smiled back and didn’t say a word. I watched Mom play, mesmerized. It seemed like we were in there for fifteen minutes but then Dad and Teddy came in search of us, both of them grumpy. It turned out we’d been there for over an hour. The ICU is like that.

Mummy’s seen so much of the world, lived in so many different places,” I said. I reeled a few off. Raymond, surprisingly, looked distinctly unimpressed. “How old is your mum?” he said. I was taken aback. How old was she? I started to work it out. “So . . . I’m thirty, and I think she must have had me when she was very young—nineteen, twenty? So she’ll be . . . I’d guess she’d be in her early fifties now, something like that?” Raymond nodded. “Right,” he said. “So . . . I’m wondering . . . I mean, I don’t have kids, so what would I know—but I imagine it can’t be easy, lodging in an opium den in Tangier if you’ve got a toddler with you? Or . . . what was the other thing? Working as a blackjack dealer in Macao?” He spoke very gently, as though he were afraid to upset me. “I mean, if you added up all the things she said she’d done, wouldn’t it cover a longer period than thirty years? Unless she did it all before you were born and she was still a teenager. And if she did . . . well, I’m wondering . . . where did she get the money from, to do all that traveling, and wasn’t she a bit young to be going to places like that on her own at that age? What about your dad? Where did she meet him?” I looked away. These were important questions that I couldn’t answer. Questions I wasn’t sure I wanted to answer. But really, why hadn’t I ever thought about them before?

Hit/Stand Decisions on Hard-Total Hands •  Stand on all hard totals of 17 and higher. •  When the dealer is showing an upcard of 7, 8, 9, T, A, hit all hands until your cards total 17 or higher. •  Stand on hard totals of 13, 14, 15, 16 vs. dealer upcard of 2, 3, 4, 5, 6; otherwise hit. •  Stand on hard total of 12 vs. dealer upcard of 4, 5, 6; otherwise hit.

Double Down Decisions on Hard-Total Hands •  Double down on all hard totals of 11 vs. dealer upcard of 2, 3, 4, 5, 6, 7, 8, 9, T; otherwise hit. •  Double down on all hard totals of 10 vs. dealer upcard of 2, 3, 4, 5, 6, 7, 8, 9; otherwise hit. •  Double down on all hard totals of 9 vs. dealer upcard of 3, 4, 5, 6; otherwise hit.

This plan, of betting only at a level at which I was emotionally comfortable and not advancing until I was ready, enabled me to play my system with a calm and disciplined accuracy. This lesson from the blackjack tables would prove invaluable throughout my investment lifetime as the stakes grew ever larger. Eddie

The cards dealt at blackjack also seem to appear at random but not if you “track the shuffle,” which is a way to beat the game by watching the order in which the discarded cards are stacked, then mathematically analyzing the particular shuffling technique being used, leading to a partial prediction of the new ordering of the cards for the next deal. The likelihood of any card being the one that is dealt next is not random if you count the cards. What appears random for one state of knowledge may not be if we are given more information. Future prices are not predictable and no one can beat the market, but only when market prices “truly” fluctuate randomly.

Neither Jerry nor I believed the efficient market theory. I had overwhelming evidence of inefficiency from blackjack, from the history of Warren Buffett and friends, and from our daily success in Princeton Newport Partners. We didn’t ask, Is the market efficient? but rather, In what ways and to what extent is the market inefficient? and How can we exploit this?

Still, the fact that blackjack could be beaten led to an upsurge in play.

This plan, of betting only at a level at which I was emotionally comfortable and not advancing until I was ready, enabled me to play my system with a calm and disciplined accuracy. This lesson from the blackjack tables would prove invaluable throughout my investment lifetime as the stakes grew ever larger.

A young reporter for the Post named Tom Wolfe followed up after my talk with an interview. The Post ran his story, “You Can So Beat the Gambling House at Blackjack, Math Expert Insists.” He was curious rather than skeptical, sympathetic but probing. Wolfe later became one of America’s most famous authors.

By this time, Washington’s airports were buried in two feet of snow, so I boarded a train for Boston. During the long ride back I wondered how my research into the mathematical theory of a game might change my life. In the abstract, life is a mixture of chance and choice. Chance can be thought of as the cards you are dealt in life. Choice is how you play them. I chose to investigate blackjack. As a result, chance offered me a new set of unexpected opportunities.

Alvin is working in his store when he hears a booming voice from above that says, “Alvin, sell your business!” He ignores it. The voice goes on for days saying, “Alvin, sell your business for three million dollars!” After weeks of this, he relents and sells his store. The voice says, “Alvin, go to Las Vegas!” Alvin asks why. “Alvin, just take the three million dollars and go to Las Vegas.”Alvin obeys, goes to Las Vegas, and visits a casino. The voice says, “Alvin, go to the blackjack table and put it all down on one hand!” Alvin hesitates but gives in. He’s dealt an eighteen. The dealer has a six showing. “Alvin, take a card!” “What? The dealer has …” “Take a card!” Alvin tells the dealer to hit him, and gets an ace. Nineteen. He breathes easy. “Alvin, take another card.” “What?” “TAKE ANOTHER CARD!” Alvin asks for another card. It’s another ace. He has twenty. “Alvin, take another card!” the voice commands. “I have twenty!” Alvin shouts. “TAKE ANOTHER CARD!” booms the voice. “Hit me!” Alvin says. He gets another ace. Twenty-one! And the booming voice says, “Un-fucking-believable!” Hey,

The Wizard of Odds Stand on stiff totals of 12 to 16 when dealer's not ace up. Make insurance bets when remaining cards are ten-rich. Double when you want a ten, getting closer to 21. Surrender more in high counts, the savings will be greater. Split high cards and/or off of a weak dealer card. Blackjack player gets paid 3 to 2, dealer does not. Into the pit enters Casino ex machina ~ The s-h-u-f-f-l-i-n-g machine. The Wizard of Odds proclaims, 'All y'allz counters are fucked now!' Off from the tables to the loose slots they go bitchin' 'bout the pit boss and all things techno.

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