Alameda lost tens of millions because of a fat fingering mistake

Re:Alameda lost tens of millions because of a fat fingering ... by noduerme on Wednesday September 20, 2023 @09:27PM (#37592218)

Based on the second mistake, on pure speculation, I think that might've been a dealer who recently came from Eastern Europe, where typically dealer blackjacks are not announced until the end of the hand (a significant loss in EV for the players). Since never exposing a card early is the one thing that's most drilled in, exposing one is counter to training, and that might be a hard habit to break.

A lot of Eastern European casinos don't even deal the "down card" for the dealer until the players have finished.

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Re:Alameda lost tens of millions because of a fat fingering ... by kortilla on Wednesday September 20, 2023 @10:59PM (#37592746)

Then why would he have checked the card?

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Re:Alameda lost tens of millions because of a fat fingering ... by noduerme on Thursday September 21, 2023 @01:32AM (#37593551)

There are some places I've seen in Europe that do deal the hole card, and check it (for reasons unknown), but they don't stop the hand and flip it if it's a blackjack. They just ask for insurance, and the insurance sits there while they let the hand play out. It's quite disconcerting.

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Re:Alameda lost tens of millions because of a fat fingering ... by umanwizard on Thursday September 21, 2023 @12:17AM (#37593165)

> typically dealer blackjacks are not announced until the end of the hand (a significant loss in EV for the players).

That’s not just Eastern European, it’s European in general. In fact, that ruleset is well-known as ENHC (European no-hole-card) among blackjack players.

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