Pro Card Counter Answers Casino Odds Questions From Twitter | Tech Support | WIRED - c4gamingstudio.com

Pro Card Counter Answers Casino Odds Questions From Twitter | Tech Support | WIRED

WIRED
Views: 1727282
Like: 40930
Yuchun Lee, professional blackjack player and former member of the MIT card counting team, answers the internet’s burning questions about casinos and odds. What are the odds of winning a slot machine? What’s the best blackjack strategy? How does card counting work? What’s the best poker strategy? What casino games make the house the most money? Yuchun answers all these questions and much more!

Director: Justin Wolfson
Director of Photography: Francis Bernal
Editor: Louville Moore
Expert: Yuchun Lee
Line Producer: Joseph Buscemi
Associate Producers: Paul Gulyas; Brandon White
Production Manager: Eric Martinez
Production Coordinator: Fernando Davila
Casting Producer: Nick Sawyer
Camera Operator: Eric Brouse
Audio: Sean Paulsen
Production Assistant: Ryan Coppola
Post Production Supervisor: Alexa Deutsch
Post Production Coordinator: Ian Bryant
Supervising Editor: Doug Larsen
Additional Editor: Paul Tael
Assistant Editor: Andy Morell”

Still haven’t subscribed to WIRED on YouTube? ►►
Listen to the Get WIRED podcast ►►
Want more WIRED? Get the magazine ►►

Follow WIRED:

Instagram ►►
Twitter ►►
Facebook ►►

Get more incredible stories on science and tech with our daily newsletter:

Also, check out the free WIRED channel on Roku, Apple TV, Amazon Fire TV, and Android TV.

ABOUT WIRED
WIRED is where tomorrow is realized. Through thought-provoking stories and videos, WIRED explores the future of business, innovation, and culture.

64 Comments

  1. It’s crazy that Trump went bankrupt managing his casino after just 6 MONTHS!!! He tried again a decade later and again filed for bankruptcy only to try a third time and again lose his hotel/casino. Something tells me they should have fully investigated that because clearly it was a fraudulent scam of some sort.

  2. The best game to play is ultimate texas hold em, theres numerous times i only go in with 40 bucks and come out with 1000 plus. Just dont go over your limit. If you lose 40 oh well quit and try next payday. DONT PUT THAT BANK CARD IN THE ATM.

  3. What is with the 6,6,6 rule? Some reason i see consistency with certain sequential cards in relation to winning and losing.

  4. Even if a card shuffling machine is being used. Couldn’t you still count the aces? Depending you know how many decks are being used in the machine. Right?

  5. As a dealer, i agree about baccarat and blackjack. Baccarat is literally just 50/50 chance unless your betting bonus bets.

  6. As a dealer, i agree about baccarat and blackjack. Baccarat is literally just 50/50 chance unless your betting bonus bets.

  7. He’s tried to explain the slots at least twice now and I’m still not following what he saying. Am I just stupid or is he getting himself confused and making mistakes?

  8. He’s tried to explain the slots at least twice now and I’m still not following what he saying. Am I just stupid or is he getting himself confused and making mistakes?

  9. There is only one gambling rule or trick I’ve ever seen have any real success at a casino; if it’s 16 or below: hit, and if it’s 17 or above: don’t hit.

  10. There is only one gambling rule or trick I’ve ever seen have any real success at a casino; if it’s 16 or below: hit, and if it’s 17 or above: don’t hit.

  11. "How do you lose money owning casinos?"
    Well, that's a question for Bankruptcy Support with Donald Trump.

  12. "How do you lose money owning casinos?"
    Well, that's a question for Bankruptcy Support with Donald Trump.

  13. Even if a card shuffling machine is being used. Couldn’t you still count the aces? Depending you know how many decks are being used in the machine. Right?

  14. The casino doesn’t expect you to walk away. Observe dry streaks on slots. When you win walk. Go to another machine currently on a dry streak. Win on it. Walk. Rinse and repeat. In a casino you must understand not to just rush in. They serve drinks to get you to feel loose with you money. Be smart. Be sober and be patient.

    Never play fast and loose. Don’t let the house win.

  15. I met a guy while working in Las Vegas at a convention. He had video proof of this btw. He never gambled before in his life and he 3 days prior put $100 on I forget the number in roulette but he hit it. He took his money and ran. He took the house for over 3k I think he said and won’t ever do it again. Probably the only guy up on a casino in Vegas lol.

  16. I've stopped by my local Arizona casino twice or so. Both times, I came out ahead. All I did was ask for a free sprite and they gave it to me!

  17. Super informative and analytical. Thanks!

  18. Card counting is cheating. When you sit down with the casino, you agree to play the game according to their rules. At that point, they can trespass you.

  19. The best odds without skill is a don't pass bet at craps with full odds.

  20. His friend must be either Michael using K.I.T.T. or K.A.R.R.

    But interesting story somewhat; an old neighbor of mine use to go to Dover Downs casino for some weekends and usually managed to bring back between $2,000 and $5,000. His secret was he knew which machines had the biggest payout and which ones had no payout and when not to go. In fact there were times when he went he broke even. The reason for that is because the casino he went to apparently made it possible for people to win just so it makes people think they could win everytime thereby messing with their minds. So yeah; there were times when nobody won or minimum at best. He is the type to take a loss in money just so he could find the pattern of how casinos worked.

  21. Why are the odds of 8 reds in a row 2^8 when theres green numbers? It might be close byt not accurate

  22. If you have skill the best game is poker so long as the drop isn’t insane

  23. "if you cheat at balckjack you can minimize your losses" indeed.😂

  24. The only type of slot machine that makes you money is the one you own.

  25. I don't think you clowns understand the house always wins. That's why Casinoes do not go out of business. They have every right to kick out anyone winning too much or card counting.

  26. The overall stats are presented as individual stats.

  27. He got the roulette odds wrong. For to include the greens 10:52

  28. 10:53 : wait, it's less than that since you have to factor in the green number(s)!

  29. So, I’m guessing this man has a PhD in Math and has a specialization in Probability and Stats?

  30. I played roulette in Atlantic City a few years ago…I liked to track numbers just for fun. I saw a streak of only red numbers go to 31 in a row with no black OR green!! It happens…so 8,9,10 in a row is not that far fetched at all.

  31. I only play black jack due to its best possible odds. I just need to master basic strategy and maybe a little basic card "counting" (not actually counting just taking note of bunch of low cards coming out or vise versa).

  32. When I was ten my parents took us to Vegas. My dad told me to look around at all the extravagant casinos then pointed to the people gambling and then explained that the people gambling are how these buildings were paid for. There is never any winning.

  33. I could find a lot of reactions correcting the 8 reds in a row calculation. But none that gave the actual numbers of interest, so my 2 cents. What's important to notice, is that the other reactions are giving the chance ((18/38)^8) of getting 8 reds in a row, if and only (!) if you consider just the next 8 rounds. But in reality you're asking the chance that it happens during the time that you're playing. Which could be a lot higher, depending on how long you play for.

    To solve this you need to construct a so called absorbing Markov chain. When you got this, you can derive that on average you need to play 747.72 rounds, before getting 8 reds in a row. Or, for example, that the chance is (already) 23.02% if you observe 200 rounds.

  34. If casinos have constant shuffling machine on black jack they can fix that too, same as the slot machine

  35. 10min 30seconds. Um care to share more details? Say penny slot at X dollars, dollar slots at X dollars, etc? 😊

  36. So far i learned how to win at roulette. Havent put it to the big test yet

  37. Holy molly, I thought the rule "when you surrender you only lose half money" is a funny rule they made up in comedy movie called "God of Gamble" starring Stephen Chow only. I didn't know it was a real one.

  38. I have played only couple of times BlackJack, and I have always splitted Aces.

  39. i love gambling, its so fun. although i havent really played at a casino

  40. Aren't the odds of 8 reds in a row still, 45%? Isn't each spin independent?

Leave a Reply

Your email address will not be published.