E … is for Expected Value


 E10. Acronym for “early surrender vs 10.”   See surrender.

earring. {CHS}. Also called a hanger. To deliberately not drop currency all the way into a table drop box, so that one corner sticks out. This allows the paper money to be easily retrieved at a later time.
[80 Solkey Dummy Up and Deal 112]

early surrender. (ES) See surrender. See Early Surrender Basic Strategy.

eating cards. {CS}. To spread to multiple hands and/or to intentionally take extra cards in order to gain more information to play the next hand or to set up a special situation.  This could be done with small bets in minus counts or if the player has already exceeded 21.   See end-play.
[81 Uston Million Dollar Blackjack 316]

EB. See Elimination Blackjack.

edge. 1) The advantage held by the player or the house and typically presented in percent form. See house advantage. 2) As in the edge of a card.

The Edge. {BS} Saguara House, Chino Valley, AZ. An incorrect basic strategy paper slide rule. (Circa late 1970’s.)
[Casino & Sports Vol.3, 46]

edge sorting. According to Wikipedia, edge sorting is a technique used in advantage gambling where a player determines whether a face-down playing card is likely to be low or high at casino table games by observing and exploiting subtle unintentional differences on the backs of some types of card, after persuading a croupier to cooperate by unwittingly “sorting” the cards into low and high.  This practice of card sorting is referred to as the “the turn”.
[ 25 Jacobson Advanced Advantage Play 25 ]
https://en.wikipedia.org/wiki/Edge_sorting ]
[ http://www.ibtimes.com/what-edge-sorting-phil-ivey-sued-borgata-casino-allegedly-cheated-win-96-million-baccarat-1571442]

https://apheat.net/2012/08/18/edge-sorting-in-baccarat/ ]
[ https://www.888casino.com/blog/edge-sorting-future/ ]

EdgeSortingExample1Example Edge Sorting Example Courtesy of www.apheat.net

effects of removal. (EOR)  Generally a reference to the mathematical effects of the removal of a single card from a pack of cards.   See Using the Dictionary section for a chart of the effects of removal for a single deck.

efficiency. The ratio of the actual profit realized from using a card counting system to the total gain possible from perfect knowledge and interpretation of the unplayed set of cards. The terms efficiency and correlation are used somewhat interchangeably in the blackjack literature.  See betting correlation.  See playing efficiency.  See correlation.
[88 Griffin Theory of Blackjack 43]

EHC. See exposed hole-card.

eight-deck. A game dealt from 8 decks and always dealt from a shoe. Atlantic City is renowned for its many eight-deck games.

PA = -.59% (Note that infinite deck PA = -.65%)

[83 Analysis of Atlantic City’s 8-Deck Games BJF]
[3/83 Snyder 8-Deck Freq. Distributions BJF]
[83 Snyder 8-Deck Freq. Dist. C&S Vol.24,16]

eighty-six. To bar a person from a casino or from playing a game.

Einstein, Charles.  Author of the book How to Win at Blackjack originally written in 1969 and developer of the Einstein count.

Einstein Betting System. {PBS} (Charles Einstein). TBD
[75 Einstein How to Win at Blackjack]

Einstein Count. {PCS/L1}. (Charles Einstein). See Hi-Opt I and Austin’s Starter.

A 2 3 4 5 6 7 8 9 10
0 0 1 1 1 1 0 0 0 -1

BC = .88 PE = .61

[ 75 Einstein How to Win at Blackjack ]

ein-und-zwanzig. The game of blackjack as known in Germany. See achtzehn-und-drei.
[ 66 Thorp Beat the Dealer 4 ]

element-of-ruin. The likelihood that a player or team of players will lose their bankroll. Usually expressed in percent form. In 1981, Ken Uston wrote that his blackjack teams always used a 5% element-of-ruin, which meant that his team’s bets were calibrated to yield a 19-out-of-20 chance of doubling a bank and a 1-out-of-20 chance of going broke. See gambler’s ruin.
[81 Uston Million Dollar Blackjack 126,318]
[3/93 Schlesinger Risk of Ruin BJF 3]

elevator. {CHS}. See false cut.

Elimination Blackjack. (EB) A tournament format of blackjack invented by the 1994 World Series of Poker winner Russ Hamilton and played on the Ultimate Blackjack Tour.
[ https://en.wikipedia.org/wiki/Elimination_Blackjack ]

end play. {CS}. A strategy that can usually be executed only in the last few cards of a deck. As most card counters know, the deeper a dealer deals into the deck or shoe the more accurate measure a player’s card counting system will be. Nearly all casinos cut out some of the cards at the end of a deck or shoe to prevent knowledgeable players from using this very profitable strategy. End play is the method of forcing the dealer to run out of cards and thus requiring the dealer to deal the rest of the round from the shuffled discards.    See cut card.
[66 Thorp Beat the Dealer]

ENHC. Acronym for European No-Hole Card rule.

EOR.   Acronym for effects of removal.

Epstein, Richard A.. Author of The Theory of Gambling and Statistical Logic which included an exhaustive treatment of blackjack theory.

Erb, Bill.   A previous nominee for the Blackjack Hall of FameAl Francesco has named Bill Erb as one of the two greatest players he has ever worked with, both in terms of creativity and sheer amount of money won.
[ http://bj21.com/boards/free/free_board/index.cgi?noframes;read=140688 ]

errors. Errors can be made by the dealer or player.   Common errors that dealers frequently make and that may be exploited by sharp players include the following:

  • Not paying attention to game.
  • Giving double-down card before additional money was put in circle.
  • Paying pushes.
  • Not collecting lost bets.
  • Placing change in betting circle.
  • Flashing the hole-card.
  • Flashing the bottom card.
  • Flashing the burn card.
  • Failing to check limit bets.
  • Incorrectly adding card values.

Depending on where you play, mistakes in payoffs can be very common, especially if the dealer is tired or the dealer is a novice. This author estimates that dealer errors may contribute to as much as 0.05 – 0.2% to a player’s overall advantage in the game. Of course, this estimate assumes that the player catches all those mistakes that a dealer might make that favor the house.  In this author’s opinion, player errors are the greatest contributor to the downfall of most card counters.
[ 91 Demos Casino Supervision: A Basic Guide 93 ]
[ 92 Wong Basic Blackjack]
[ 93 Dalton Blackjack Review 14 ]

ES. Acronym for Early Surrender.   See surrender.

ES10. Acronym for Early Surrender against 10 only and Late Surrender against others.  See surrender.

Europe. Many countries throughout Europe offer blackjack. These include Austria, Belgium, Bulgaria, Croatia, Czech Rep., Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Italy, Latvia, Luxembourg, Macedonia, Malta, Moldova, Monaco, Netherlands, N.Cyprus, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Ukraine, and Yugoslavia.

In England, you must be a member to be admitted in a casino. At many casinos in England there is a fee for joining. You must apply for membership at least 48 hours before you wish to play.

European rules. 1) (ENHC, NHC) Also referred to as no-hole-card rules. This is a reference to the rule (as seen in many European casinos) that requires the dealer to wait until after the players have played out their hands before taking a hole-card. This, in itself, is not a reason to change basic strategy, however, since the dealer also keeps all double down and split hand bets if he has a natural, a variation to basic strategy is required. See basic strategy section.   2) In general, the following rules apply in many European countries:

  • All 6 or 8-decks games.
  • Double on a 9, 10, or 11 only.
  • European no-hole card rule.

Some casinos allow double after splits and re-splitting of pairs and others do not.  See OBO.  See OBBO.   See BB+1.
[ 78 Terence Winning at Casino Gambling 122 ]
[ 4/84 Wong London Update – Blackjack World 61 ]
[ 9/89 Collier Blackjack in Holland BJF ]
[ 90 Gaffney Winning BJ in Atlantic City and… 87 ]
[ 12/90 Chambliss Playing Blackjack in London BJF 20 ]
[ https://wizardofodds.com/games/australian-blackjack/ ]

EV. Acronym for expected value.

even money. A phrase that the player may state or the dealer may ask, if the player has a blackjack and the dealer has an ace as an up-card. If the player agrees to even money he will be paid the amount of his wager before the dealer checks his hole-card. This is essentially the same thing as the player insuring his blackjack. Like insurance on any other hand, you should not take even money unless you are counting cards.

EW. Acronym for expected win.

expectation.  The theoretical outcome per wager and a measure of how much the player (or casino) can expect to lose (or win) in a particular game based on the handle.  This measure (generally expressed in dollars or percent) is based on the player’s statistical advantage or disadvantage.  An example of expectation for a fixed game such as American roulette would be -5.26% for a 1-unit wager on black or red. See expected value below.

expected value. (EV) 1) Same as expectation and often used interchangeably with the term advantage. 2) Same as expectation but including the additional value from comps earned during play.

expected win. (EW) Same as expectation but generally a representation of X dollars per X number of hands.

Experiment. aka “The Experiment” or “The Early Surrender Experiment”. A reference to the 13 day period in January of 1979, when Resorts International Casino in Atlantic City offered early surrender.  During this time, the Casino Control Commission required the casino to allow all card counters to play unhindered at their blackjack tables.  It is reported that several teams took advantage of this rule including the Czech team, Ken Uston’s team and Tommy Hyland’s team.
[ 2012 Snyder The Big Book of Blackjack 82 ]

Expert Count. See Canfield Expert.

exposed card. A card accidentally shown in error (e.g., the dealer’s hole-card). See flash. See misdeal.

exposed hold-card. (EHC) When the dealer’s bottom card is exposed.  See Exposed Hole-Card Basic Strategy.

eye. 1) A reference to the security cameras in a casino.  See eye-in-the-sky.

eye-in-the-sky. Also called sky. A reference to the area above the main casino where play is observed through one-way mirrors or cameras. See catwalk.


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