News for hackers. Stuff that matters.
Re:Caesars abruptly cancels contract with DEF CON by sph on Monday February 05, 2024 @04:06AM (#39258927)
There are only two types of people: those that believe they can outsmart the house, and those that never gamble.
Re:Caesars abruptly cancels contract with DEF CON by sgjohnson on Monday February 05, 2024 @04:28AM (#39259097)
And card counters.
Re:Caesars abruptly cancels contract with DEF CON by GuB-42 on Monday February 05, 2024 @04:53AM (#39259276)
Do they still exist? They have closed most of the gaps previously exploited by card counters, and continuous shufflers are everywhere.

I think the only ones who can make money are those playing poker and are really good at it. That's because they are playing against other players and not the bank. They still have to beat the rake.

I'm not even sure comp players, that is those who play to get non-cash rewards like travels, restaurant and hotel stays while minimizing their losses can still have an advantage. I heard that casinos calculate comps by expected losses, making sure they stay on top (statistically).

And they are cheaters, but it is like saying thieves can make money.

Re:Caesars abruptly cancels contract with DEF CON by sgjohnson on Monday February 05, 2024 @06:23AM (#39259984)
> And they are cheaters, but it is like saying thieves can make money.

Absolutely not. Using your brains to keep track of cards is not cheating in any way, shape or form. They are simply using all the available information and some pretty basic math to them to gain an advantage.

Calling card counters cheaters is like calling chess players with better knowledge of patterns than their opponents cheaters. They are not cheaters.

Re:Caesars abruptly cancels contract with DEF CON by mcherm on Monday February 05, 2024 @06:51AM (#39260215)
The post you are responding to addressed card counters at the top, claiming the casinos have closed most of the loopholes that enabled card counting to be profitable.

The cheating it mentions at the bottom is not card counting (technically legal), but genuine cheating.

Re:Caesars abruptly cancels contract with DEF CON by Quppi on Monday February 05, 2024 @05:39AM (#39259607)
They do, and some even document it on Youtube: https://www.youtube.com/@stevenbridges/videos Can recommend his videos, quite interesting and nice insights into casino procedures.
Re:Caesars abruptly cancels contract with DEF CON by rowyourboat on Monday February 05, 2024 @06:59AM (#39260291)
Card counting isn't cheating, it's how you play card games.
Re:Caesars abruptly cancels contract with DEF CON by lostlogin on Monday February 05, 2024 @08:59AM (#39261251)
Until the houses realises and chucks you out.
Re:Caesars abruptly cancels contract with DEF CON by Bluecobra on Monday February 05, 2024 @07:44AM (#39260658)
Not sure if casinos still bend rules/give special deals to high rollers but it sure worked out for this guy:

https://www.theatlantic.com/magazine/archive/2012/04/the-man...

Re:Caesars abruptly cancels contract with DEF CON by nephanth on Monday February 05, 2024 @07:22AM (#39260467)
Card counting is cheating. Thinking before playing is cheating. Also, knowing the rules of the game is cheating. You should only play at random and never ever think
Re:Caesars abruptly cancels contract with DEF CON by yreg on Monday February 05, 2024 @04:13AM (#39258977)
If that was true, the house wouldn't throw people out for suspected card counting.
Re:Caesars abruptly cancels contract with DEF CON by stavros on Monday February 05, 2024 @04:50AM (#39259253)
Aka "we don't want you here because you might win".
Re:Caesars abruptly cancels contract with DEF CON by darkwater on Monday February 05, 2024 @06:50AM (#39260209)
If they threw you out, you clearly didn't outsmart them.
Re:Caesars abruptly cancels contract with DEF CON by TrickyRick on Monday February 05, 2024 @08:12AM (#39260881)
Not really, no card counter goes unnoticed forever. It's about making sure you get enough time to play when the count is high that you manage to earn money. If you're curious about the life of card counters I can't recommend this YouTube channel enough: https://www.youtube.com/stevenbridges
Re:Caesars abruptly cancels contract with DEF CON by yreg on Monday February 05, 2024 @09:08AM (#39261338)
You don't always get thrown out. Part of the game is monitoring the atmosphere on the floor and behave accordingly in order to not get thrown out.

Even if you do get thrown out it is already after you have won some money thanks to your edge and therefore 'outsmarted' them.

Re:Caesars abruptly cancels contract with DEF CON by c0pium on Tuesday February 06, 2024 @08:05PM (#39283181)
> You don't always get thrown out

…because it’s actually extremely difficult to do with the countermeasures casinos now use, more decks and random cutoffs. Letting you try is very profitable though.

The whole environment part is of course not useful. None of the monitoring happening where you can see.

Re:Caesars abruptly cancels contract with DEF CON by Eji1700 on Monday February 05, 2024 @05:52PM (#39268341)
Which they rarely do now because the number of people able and willing to count a 7 deck shoe with a random cutoff is extremely small and it benefits them to let people try.
Re:Caesars abruptly cancels contract with DEF CON by roygbiv2 on Monday February 05, 2024 @04:46AM (#39259225)
That's deffinately not true, I used to go to the casino under no illusion I'd come out poorer. I'd just do it because it was fun.
Re:Caesars abruptly cancels contract with DEF CON by askvictor on Monday February 05, 2024 @05:09AM (#39259369)
And then there's David Walsh and his syndicate
Re:Caesars abruptly cancels contract with DEF CON by Pikamander2 on Monday February 05, 2024 @08:59AM (#39261247)
A strange game; the only winning move is not to play.
Re:Caesars abruptly cancels contract with DEF CON by capitainenemo on Monday February 05, 2024 @09:11AM (#39261366)
Well, there are occasionally a few other legal options.. https://wizardofodds.com/games/slots/loss-rebate/

Also a couple of video poker variants have actual positive (!) returns with perfect play. https://wizardofodds.com/games/video-poker/basics/#playing-s...