Someone asked me the other day if making money from blackjack was still feasible in 2010? The answer is yes but two things need to be in operation for this to happen. If you are a conventional counter then you obviously need shoe games to make the entire thing work at all otherwise you simply will not be able to count.
Electronic shufflers will also cut down your action so you simply will not be able to spread your action between several casinos over a rather small area. So the mere presence of just one single electronic shuffler impacts on the conventional card counter as it cuts down on their theatre of operations.
The second alternative involves cheating games that have electronic shufflers. These tactics or many of them are not even grey area……they are cheating plain and simple. But I am aware of people who do this and so any casino executives reading this blog need to take heed.
The games with automatic shufflers can be attacked from other areas and to doubt whether this is so then we only have to look at the house edge. At blackjack then it is around 0.5% for the house. This means that the house will win 0.5% of your action. So let us say that your average bet size is $15 and the dealer is dealing 60 hands per hour.
This means that you are placing $900 in action per hour with the casino expected to take o.5% of it per hour over the long run if you are using good basic. This equates to an hourly rate of -$4.50 per hour. But yet your average bet is nearly four times that amount at $15. You can see the potential here because a cheat or a player in even slight collusion with a dealer who was getting away with one bet per hour would not be losing -$4.50 per hour but making $10.50 per hour.
