*DISCLAIMER: I'm not a card counting expert by any means, which is why I'm here asking for help.*
Since this is my first post I'll provide some background. I'm 18 and two years ago I did a project on blackjack for math class. The ultimate question we answered for our project was "Can you, in the long run, make money off the casino?" This question was basically just a segue way to a bunch of math stuff but the question actually intrigued me. A friend of mine was equally interested and after researching betting methods we came to our own conclusion that the minimal house edge when playing with basic strategy was unbeatable. This was confirmed from our research on different website so we resigned the idea that we could make money and made a vow to not use betting strategies as a way to make money at a casino. We'd just go there for fun. I've been to a casino twice (in Quebec) and the first time I won over 200 hundred dollars in less than 30 minutes using a modified Martingale system (min bet was 15). Needless to say I got EXTREMELY lucky. My friends told me that I had something here but I was more level headed and told I got ridiculously lucky. The second time I went was with my brother and I left even after about 20-30 mins using the same system (although I came within one bet of losing all my money, so I got lucky again).
Now, let me start talking about card counting. My aforementioned friend and I are kind of math nerds and all the expected value and probability stuff really interests us. We knew about card counting and knew that it gives you a bit of an advantage in the expected return. We also read that it requires tons of effort and that the effort required doesn't necessarily reflect the money you would make (assuming you did it perfectly). We didn't try it last year but this year we've decided to try it if even only once. Not to make money but just to see if we can pull it off and boast to our friends "Yeah I card counted!"
We already had some basic knowledge of card counting (hi-opt which led us to true counts, which led us to unbalanced methods) and are trying to decide the easiest one. He is partial to the Red 7 method and I like the K-O on. While we learned these systems and practiced (i.e. right now basically) we thought it important to dissect why these systems work. The casino by my house (literally a 10 minute walk) has a min bet 5 blackjack table with 6 decks. With the Red 7 system the IRC for 6 decks is -12 and when you get to 0 you change your betting. K-O on the other hand has an IRC of -20 and a key count of -4, so when you hit that you alter your betting.
For Red 7:
There are 132 'low' cards (cards from 2-6 and the red 7s) and 120 'high' cards (cards from 10-A). The whole concept is that when the shoe is rich in high cards its good for you so you bet big. So when 12 more low cards have been played then you're pretty much good. I get that. The unbalanced nature means you don't have to convert to a true count so that's why the difference between the IRC of -12 and key count of 0 is 12. Now, when comparing it to the K-O system...
For K-O:
There are 144 'low' cards (cards from 2-7) and 120 'high' cards (cards from 10-A). The difference here is 24 cards, so using the Red 7 as a model of unbalanced system with no need to convert to a true count, I expected the difference from the IRC and key count to be 24. However, I found that the IRC for a 6 deck shoe the IRC was -20 and the key count was -4, meaning a difference of 16. That tells you that when 16 more low cards have been played to bet bigger, yet there are 8 more low cards in the deck therefore its not good for you.
You see my conundrum now. I don't claim to know the K-O system better than its creators so I'm here to see where I've erred. Did I get my numbers wrong? Did I get bad information as to IRC or key counts? Am I wrong to compare the two systems analogously? Even if you just explained why the K-O system works without relation to the Red 7 system I'm sure that'd help me figure it out. Thanks in advance and sorry for the lengthy post but this really puzzles me.
P.S. I'm 'training' for August 8th, my 19th birthday. After that I'll be able to hit up the casino by my house and use what I've learned at the BJ table there. Like I said I'm not there to make money per se (I mean, I don't want to lose money either) I'm just there because stuff like this is a hobby and I've always thought it cool to be able to say "Yeah I card counted and got kicked out by some big casino bouncers." I'll keep everyone up to date.
Since this is my first post I'll provide some background. I'm 18 and two years ago I did a project on blackjack for math class. The ultimate question we answered for our project was "Can you, in the long run, make money off the casino?" This question was basically just a segue way to a bunch of math stuff but the question actually intrigued me. A friend of mine was equally interested and after researching betting methods we came to our own conclusion that the minimal house edge when playing with basic strategy was unbeatable. This was confirmed from our research on different website so we resigned the idea that we could make money and made a vow to not use betting strategies as a way to make money at a casino. We'd just go there for fun. I've been to a casino twice (in Quebec) and the first time I won over 200 hundred dollars in less than 30 minutes using a modified Martingale system (min bet was 15). Needless to say I got EXTREMELY lucky. My friends told me that I had something here but I was more level headed and told I got ridiculously lucky. The second time I went was with my brother and I left even after about 20-30 mins using the same system (although I came within one bet of losing all my money, so I got lucky again).
Now, let me start talking about card counting. My aforementioned friend and I are kind of math nerds and all the expected value and probability stuff really interests us. We knew about card counting and knew that it gives you a bit of an advantage in the expected return. We also read that it requires tons of effort and that the effort required doesn't necessarily reflect the money you would make (assuming you did it perfectly). We didn't try it last year but this year we've decided to try it if even only once. Not to make money but just to see if we can pull it off and boast to our friends "Yeah I card counted!"
We already had some basic knowledge of card counting (hi-opt which led us to true counts, which led us to unbalanced methods) and are trying to decide the easiest one. He is partial to the Red 7 method and I like the K-O on. While we learned these systems and practiced (i.e. right now basically) we thought it important to dissect why these systems work. The casino by my house (literally a 10 minute walk) has a min bet 5 blackjack table with 6 decks. With the Red 7 system the IRC for 6 decks is -12 and when you get to 0 you change your betting. K-O on the other hand has an IRC of -20 and a key count of -4, so when you hit that you alter your betting.
For Red 7:
There are 132 'low' cards (cards from 2-6 and the red 7s) and 120 'high' cards (cards from 10-A). The whole concept is that when the shoe is rich in high cards its good for you so you bet big. So when 12 more low cards have been played then you're pretty much good. I get that. The unbalanced nature means you don't have to convert to a true count so that's why the difference between the IRC of -12 and key count of 0 is 12. Now, when comparing it to the K-O system...
For K-O:
There are 144 'low' cards (cards from 2-7) and 120 'high' cards (cards from 10-A). The difference here is 24 cards, so using the Red 7 as a model of unbalanced system with no need to convert to a true count, I expected the difference from the IRC and key count to be 24. However, I found that the IRC for a 6 deck shoe the IRC was -20 and the key count was -4, meaning a difference of 16. That tells you that when 16 more low cards have been played to bet bigger, yet there are 8 more low cards in the deck therefore its not good for you.
You see my conundrum now. I don't claim to know the K-O system better than its creators so I'm here to see where I've erred. Did I get my numbers wrong? Did I get bad information as to IRC or key counts? Am I wrong to compare the two systems analogously? Even if you just explained why the K-O system works without relation to the Red 7 system I'm sure that'd help me figure it out. Thanks in advance and sorry for the lengthy post but this really puzzles me.
P.S. I'm 'training' for August 8th, my 19th birthday. After that I'll be able to hit up the casino by my house and use what I've learned at the BJ table there. Like I said I'm not there to make money per se (I mean, I don't want to lose money either) I'm just there because stuff like this is a hobby and I've always thought it cool to be able to say "Yeah I card counted and got kicked out by some big casino bouncers." I'll keep everyone up to date.