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Dealers Absorbing State Profitabilities in Blackjack - Research Paper Example

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The following table show the probability of that the ending value of the dealer's hand is 17, 18, 19, 20, 21 or broke for each possible up card assuming the play is 1 deck. It also includes the probability of the dealer's ending a blackjack (BJ). Table 1 displays the dealer's ending value when the dealer stays on soft 17 while Table 2 present the dealer's ending value when the dealer take a hit on soft 17.
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Dealers Absorbing State Profitabilities in Blackjack

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Download file to see previous pages The dealer, however, loses if the player obtains a higher total at the 'conclusion of the hand' (Wakin, M. & Rozell, C., 2003).
In cases where the house rule is for the dealer to take hit on soft 17, that is the dealer requests for another card. The dealer may continue hitting until he reaches a total greater than 21, where in the dealer goes broke. This is a benefit for the player, who wins even if the dealer consequently goes broke (Wakin, M. & Rozell, C., 2003). ...Download file to see next pagesRead More
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