Wolfram Library Archive

Courseware Demos MathSource Technical Notes
All Collections Articles Books Conference Proceedings

Risk and Reward: The Science of Casino Blackjack

N. Richard Werthamer
Book information

Publisher: Springer (New York, NY)
Copyright year: 2009
ISBN: 9781441902528
Medium: Hardcover
Pages: 131
Out of print?: N
Additional cataloguing information: ISBN-10: 144190252X
Buy this book
Book cover image

This book analyzes the game of blackjack in depth, pinpointing not just its optimal strategies but also its financial performance, in terms of both expected cash flow and associated risk.

The book begins by describing the strategies and their performance in a clear, straightforward style. The presentation is self-contained and accessible to readers at all levels of playing skill, from the novice to the blackjack expert. Careful attention is also given to simplified, but still nearly optimal strategies that are easier to use in a casino. Unlike other books in the literature the author then derives each aspect of the strategy mathematically, to justify its claim to optimality. The derivations mostly use algebra and calculus, although some require more advanced analysis detailed in supporting appendices. For easy comprehension, formulae are translated into tables and graphs through extensive computation.

This book will appeal to everyone interested in blackjack: those with mathematical training intrigued by its application to this popular game as well as all players seeking to improve their performance.

*Applied Mathematics > Game Theory
*Mathematics > Probability and Statistics
*Mathematics > Recreational Mathematics