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There's no need for a source. It's common knowledge. Many books, websites, and research papers have extensively studied those games. Edward Thorp is a mathemat

There's no need for a source. It's common knowledge. Many books, websites, and research papers have extensively studied those games. Edward Thorp is a mathematician who did a lot of analysis about blackjack over 50 years ago.[1] He's a seminal figure in this field. Here's one site I recall mostly because it has a memorable name: http://wizardofodds.com/ http://wizardofodds.com/ [1] https://en.wikipedia.org/wiki/Beat_the_Dealer#History https://en.wikipedia.org/wiki/Beat_the_Dealer#History

ChristianBundy 11y ago
> There's no need for a source. It's common knowledge. Many books, websites, and research papers have extensively studied those games. It's obviously not common knowledge to the person that's asking the question. :~) Thanks for the source though.
- mod 11y ago
  That one person doesn't know it doesn't mean it's not common knowledge. That said, the edge is not always below 1%. It varies based on the rules. Some games don't allow a surrender, for instance, which changes the edge pretty drastically.