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Bankroll
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The sum of all money that you have access to for gambling purposes. Keep this separate from the college fund!
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Burn Card
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This is the first card drawn from the top of the deck. Named because it is “burned” (removed from the deck) to disrupt the order of the cards and foil attempts at cheating.
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Bust
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A hand that is worth more than 21. This automatically results in a loss of your bet and can only be achieved after “hitting”. A bust is always avoidable since your starting two cards can never be worth more than 21.
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Card Counting
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A potentially effective system of tracking the cards that remain in a blackjack deck to determine the likelihood of the dealer “busting”. Card counting is never effective online, as a random number generator is used.
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Deck Penetration
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The percentage of cards that have been in play since the previous shuffle. Important information for card counters.
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Double Down
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The choice to double your original bet (typically with a strong hand) with the limitation that you must accept exactly one more card. This cannot be performed on a hand that contains more than two cards.
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Face Cards
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These are the Kings, Queens, and Jacks in a deck.
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Flat Betting
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Betting the same for each hand. No variation in bet size. Typically considered a bad strategy, though it makes sense if you aren't counting cards.
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Griffin Book
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A listing of known card counters (referred to as a black book) which circulates among casino security workers in brick and mortar casinos. It is named after Griffin Investigations: the company that is responsible for publishing and circulating this document.
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Hard Hand
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A hand that can only have one value – either without any aces, or a hand with a high enough value that any aces can only be worth 1.
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Heads Up
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When there is only one player playing at the blackjack table. Most online games are played heads-up.
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Hit
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Requesting an additional card from the dealer in hopes of improving one's blackjack hand.
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House Edge
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Generally, house edge refers to the casino’s long-term advantage, expressed as a percentage of player’s initial bet. House edge for a certain bet is the difference between the payout percentage offered by the casino when you win that bet, and the real probability of that event occurring. House edge is specific to games, bets, players and strategies.
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Natural
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A hand that does not require any action to be worth 21. Only contains two cards. This hand cannot lose.
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Paint
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A slang term used by blackjack players to refer to face cards.
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Push
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Tying with the dealer with a non-busted hand; this results in neither a win nor a loss.
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Soft Hand
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Any hand that contains one or more aces that can be worth either 1 or 11. Since this hand has a degree of flexibility, it protects you from busting after a hit.
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Surrender
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The decision to forfeit a blackjack hand and have half of your wager returned to you. This cannot be performed after any other action (e.g. hitting, doubling down, etc). It's just based on receiving an unfortunate hand at the start.
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Up Card
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The dealer's card which faces up. It provides valuable information for any player attempting to follow basic strategy or count cards because it clues you into the house's prospects.