Lottoballs
Lottoballs
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Joined: Dec 30, 2010
January 10th, 2011 at 6:23:58 PM permalink
So I was playing 1st base and a hastey dealer pulled the next card out of the shoe and exposed it to me, then shoved it back. It was an ace. I sat out the prior hand to color up and cash out, after seeing the next card was an ace I put on my best poker face and declared "All In"! about $1875. Sound like the right play? Results to come later in the thread.
SOOPOO
SOOPOO 
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January 10th, 2011 at 6:59:52 PM permalink
Not knowing you, or how much you gamble with, or how good you would feel with $3750 (or $4687.50) or how bad you would feel with zero, of course from a purely mathematical perspective you should bet it all. As per a few threads going on here, if you believe the dealer intentionally showed you the card then it can be inferred that you two were colluding. If you believe it was an accident, then, I would say it is up to you to decide what to do.... So... what happened?
P90
P90
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January 10th, 2011 at 7:01:25 PM permalink
Unless the count is way low, it is the right play from the EV standpoint. Whether you won or lost doesn't matter, what matters is if you made the right play. Learning from own experience may be natural, but it is only the right play when you don't have access to extensive data from others' experience and computer simulations.

A good gambler doesn't mourn or celebrate his losses and wins, he slaps himself when he made the wrong play, even if it wins, and pats himself when he made the right play, whether it ended in win or loss.

I wonder sometimes how come it's not considered cheating in poker to read someone's hand or get him to reveal it, but is in all other games.
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Malaru
Malaru
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January 10th, 2011 at 8:35:18 PM permalink
actually the dealer should have burned the card. I know the casinos I been to if an extra card comes out of the deck when its not yet wanted they will burn it
"Although men flatter themselves with their great actions, they are not so often the result of a great design as of chance." - Francois De La Rochefoucauld
Lottoballs
Lottoballs
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Joined: Dec 30, 2010
January 10th, 2011 at 9:16:26 PM permalink
I would have pulled the bet back in that case. The dealer was actually trying to get a tell on me if I saw it or not. That is where the poker face came in.
weaselman
weaselman
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January 11th, 2011 at 5:16:43 AM permalink
Kelly criterion says to bet about $1000 in that situation. The EV is ~55%.
"When two people always agree one of them is unnecessary"
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