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A first explanation is the following: betting ten dollars each hand, you will in the long run lose an average of 1.6 cents per hand. It would be nice to have an idea of the probability of winning any particular bet when playing some specific strategy. Indeed, we
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The Probability of Winning at Blackjack Will Dudley December 10, 2015 Abstract Blackjack, also known as twenty-one, is the most widely played casino banking game in the world[1]. It is a game of high random chance between the player and the dealer, thus heavily relying on a decent knowledge of probability. How risky should
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