Quote:
Originally Posted by OmahaFanatical4
Dealer errors can be especially lucrative. You're already beating the game at 1 or 2 % and then every so often, whoopsie daisy, here's +500 instead of -500. The thing that concerns me about card counting is dealer cheating. A few quick moves and two days work is undone. But I guess if you self impose loss limits these very rare occasions will be no more than a minor hiccup.
In general terms, I am opposed to 'stop loss limits' concerning blackjack card counting. I sometimes do have to deal with such because of the balancing act of limiting carrying certain amounts of funds for security reasons. But other than that, it's bad concept for card counting. The edge is too small and the really good counts and situations occur far too infrequently to have to walk away from a positive count situation. It's a huge drain on EV.
Now that said, you do want to be vigilant concerning cheating. For the most part cheating is very rare at the corporate type, state regulated casinos that make up the majority of my play, places like Las Vegas and Pennsylvania. There is just too much for these corporate run casinos too lose in terms of fines, licensing and probably worst of all reputation. A reputation of cheating is a devastating blow for a casino.
The types of places I worry about are places where there is little or no regulating like Indian casinos, foreign casinos and boats and ships that go out to sea in unregulated waters.
There is also reason to be 'cautious' even in regulated areas of smaller type out of the way casinos, such as some of the small towns and unbeaten paths in Nevada. In this environment you may find some left over 'rouge' type dealer cheating, not necessarily sponsored by the casino, so you always want to be careful of that.
It's funny, a few years ago, all the card counter AP's were big on traveling to the Indian casinos throughout the Midwest. It was all the rage. Favorable rules, great penetration. Problem is none of that matters if a few aces and tens are missing or the dealer is dealing seconds.
And if you find yourself in that situation, you have little to no recourse.
I'll stick to places that are state regulated and have something to lose and where I have recourse options, even if conditions aren't quite as favorable.