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Mathematically, the probability is equal to one that gains will eventually equal losses and a gambler will return to his starting point; however, the expected number of times he has to play is infinite, and so is the expected amount of capital he will need! A similar argument shows that the popular doubling strategy (start with $1, if you lose, bet $2, then $4 etc., until you win) does not work; see St. Petersburg paradox. Situations like these are investigated in the mathematical theory of random walks. This and similar strategies either trade many small wins for a few huge losses (as in this case) or vice versa. With an infinite amount of working capital, one would come out ahead using this strategy; as it stands, one is better off betting a constant amount if only because it makes it easier to estimate how much one stands to lose in an hour or day of play. one card split aces: one card is dealt on each ace, players turn is over. Roulette, as many people know, is a French word that means "little wheel". When I was researching an article on the history of Roulette a while back, I ran into some really amazing stories about its origins. One legend was that the Roulette wheel was actually derived from an early scientist's attempt at creating a perpetual motion device. His attempt failed (darn those pesky laws of physics), but the game caught on. Details about the order of play and hand rankings for the most common variants can be found in the articles on betting, hand rankings, and poker variants. Most popular poker variants can be loosely classified as draw poker, stud poker, or community card poker (a.k.a. "widow games"), though other miscellaneous poker games exist as well. The most commonly played games in these categories are five-card draw, seven-card stud, and Texas hold 'em, respectively; each being a common starting point for learning games of the type.
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Basic strategy tables If neither party turns up his cards, this is an admission that neither has eight or nine. In this case the banker is bound to offer a third card. If the point of the punter is baccarat (i.e. cards together amounting to ten or twenty, = 0), one, two, three, or four, he accepts as a matter of course, replying, "Yes," or "Card." A third card is then given to him, face upwards. If his point if already six or seven, he will, equally as a matter of course, REFUSE the offered card. To accept a card with six or seven, or refuse with baccarat, one, two, three, or four (known in either case as a "false draw"), is a breach of the established procedure of the game, and brings down upon the head of the offender the wrath of his fellow-punters; indeed, in some circles he is made liable for any loss they may incur thereby, and in others is punishable by a fine. At the point of five, and no other, is it optional to the punter whether to take a card or not; nobody has the right to advise him, or to remark upon his decision. Whether he likes it or not, a man's character is stripped bare at the poker table; if the other players read him better than he does, he has only himself to blame. Unless he is both able and prepared to see himself as others do, flaws and all, he will be a loser in cards, as in life. - Anthony Holden (from Big Deal) The guy who invented poker was bright, but the guy who invented the chip was a genius. - Big Julie the display doesn't ruin your eyesight. But online gambling is a notable exception. At most online casinos either the software doesn't work with Macs, or the casino is shady and you wouldn't want to play at anyway. I've been trying to find a Mac-compatible online casino off and on since 2000, without much success. But now (2005) things are getting a whole lot better. Roulette, as many people know, is a French word that means "little wheel". When I was researching an article on the history of Roulette a while back, I ran into some really amazing stories about its origins. One legend was that the Roulette wheel was actually derived from an early scientist's attempt at creating a perpetual motion device. His attempt failed (darn those pesky laws of physics), but the game caught on. [edit] European No-Hole-Card Rule: the dealer receives only one card, dealt face-up, and does not a second card (and thus does not check for blackjack) until players have acted. This means players lose not only their original bet, but also any additional money invested from splitting and doubling down.
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