Counting Cards

How I Use Probability To Make Money Playing Blackjack

I adapted probability theory to help me while counting cards

Photo by Drew Rae from Pexels

I don’t hide that I count cards. It is the only proven way to beat the game of Blackjack. The house edge is fairly small, in fact, the lowest edge in any table game. Therefore, the game is beatable. But this is only if you…

--

--

--

CFA, MBA, and former hedge fund manager and investment research firm owner. For fun, he plays classical / jazz piano, counts cards, and plays poker.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Three Prisoners’ Paradox

Counting to infinity

[Ebook] Reading Essential Mathematics for Economics and Business TXT,PDF,EPUB

Gradient Descent: Taking a Different View

Solve Recurrence Relation Using Iteration/Substitution Method

The Various Shapes That A Polygon Has And Its History!

Problems with the usual definition for Group

Complex Prime Division Model of the Universe

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mark Hake

Mark Hake

CFA, MBA, and former hedge fund manager and investment research firm owner. For fun, he plays classical / jazz piano, counts cards, and plays poker.

More from Medium

My Million Dollar Project — Week 3

Breaking Down Return On Equity (ROE), DuPont Style

A picture of a laptop with several charts on-screen. Seyi Akinsanya: DuPont Return on Equity Analysis for Investors. Investing, Finance, ROE, Analysis, Business, DuPont, Net Income

How To Start Investing in 4 Easy Steps — Have Your Dollars Make Sense

3 Common Myths About Investing in the Stock Market