![]() thus the variance turns out to be about 1.32 (square of the SD). If the rules are not so generous the SD can be as low as 1.10 or so. The standard deviation (SD) for a single hand in blackjack is about 1.15 1) A standard deviation of 1.15 is based on a blackjack game with liberal rules. Kelly, Jr.) (1956) This is a bet-sizing system based on the knowledge of the player’s advantage and variance at any point in the game. To bet in a manner that will maximize the long term growth rate of your bankroll. Howard Schwartz comments, “ Paul was a very special person and probably assisted more people on blackjack books than anyone else in our 30-year history.” Paul died of heart failure. See Precision Count. Steve Forte has said that “ Paul Keen was certainly one of the game’s notable ‘journeymen’“. Paul was an employee of the Gambler’s Book Clubin Las Vegas and was always willing to share his knowledge of the game with visitors. A well respected card counter and former Las Vegas reporter for Arnold Snyder’s Blackjack Forum. Keen, Paul (Ma– Oct 22, 1994) aka “Fast Action Jackson”. See Inside the Edge: A Professional Blackjack Adventure. A professional blackjack and advantage player. In 2016, the state of Kansas had 6 casinos with 70 blackjack tables.
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