There are many things that make poker the best game to play – more skill, more fun – but the key advantage is that you are up against the other players around the table and, over time, the best players will win as the luck evens out and the skill takes over. Unlike blackjack and the other table games, there’s no house edge to give the casino operator a guaranteed percentage. You take your winnings out of the pockets of those you beat. From the point of view of the casino, this is bad news. Here it is with its capital tied up in bricks and mortar and its outgoings burdened with a staff of dealers, and it has no edge to help cover its costs. So, it charges the players for the right to sit down and play the game. This fee is called the “rake” because the dealer physically rakes in chips at the end of each hand to cover the fee. The amount varies. Sometimes, in the more exclusive rooms, it can be as high as 10% per hand, but it’s usually capped and falls to very small percentages when big bets are made.

The fact that you play online does not change the economics of the casino’s operation. There may only be one small building and very few staff, but it costs money to install and maintain the software. Servers have to be paid for to host the games. So the casino must still cover its costs when offering a poker room. The advantage is that the costs of virtual operation are significantly less than the real world costs and so the rake percentage is usually lower and capped. On a $50 pot, the rake might be 5% but on a $500 pot it might be 0.5%. So high stakes or no-limit players might pay only a small rake. Whereas small pot players could pay quite high fees except that most online casinos cap the amount per hand at no more than a sum between $3 and $5. Nevertheless, the amount of the rake paid over a month might be substantial for regular players.

If you play online, the rakeback system has been introduced to allow the casinos to compete against each other for players. The idea is simple. Every month, your account is credited with a percentage of the total rake you have paid. That reduces the casino’s margin but encourages regular players to stay loyal and to play for longer periods of time – remember online players go through more hands per hour than real world players. The refund makes a big difference and often represents the chance for the regular players to turn from losing to winning. If you only play for small pots, you are playing against the others around the table and the house fees. With the rakeback offering as much as a 40% refund, this can quickly mount up, e.g. if you played 1,000 pots at a capped fee of $3, you will recover $1,200 at the end of the month. This is “free money” for you to play with at the start of the next month and a very good reason for signing up for this facility.

Stanford Wong self-published his first book, Professional Blackjack, in 1975. It was later published by the Gambler’s Book Club in Las Vegas, then revised and expanded numerous times and published by Wong’s own company, Pi Yee Press.

Wong is widely regarded as one of the sharpest analysts of systems and methods for beating the casinos. In Professional Blackjack, he described a never-before-revealed table-hopping style of playing shoe games, a method of play now known as wonging. Professional Blackjack had a profound impact on serious players because it provided card counters with an easy yet powerful method for attacking the abundant four-deck shoe games that had taken over Las Vegas. Many pros still think of card-counting opportunities as “pre-Wong” and “post-Wong.”

In his second book, Blackjack in Asia-a book priced at $2,000 and one of the rarest gambling books sought by collectors today – Wong discusses the unique blackjack games he had discovered in Asian casinos as a professional player, along with the optimum strategies he had devised for beating them. The book also included underground advice for exchanging currencies in these countries on the black market, as well as an account of his own hassles with customs officials when he attempted to leave the Philippines with his winnings. Of all of Wong’s books, this is my personal favorite, as it reveals more of his anti-establishment personality than any of his later books.

In 1980, Wong published Winning Without Counting, priced at $200, and again, on a personal note, this is my second favorite book by Wong (and another collector’s item if you can find one). He not only discusses many hole card techniques that had never before been mentioned in print-s-front-loading, spooking, and warp play-but he also delved into many clearly illegal methods of getting an edge over the house, including various techniques of bet-capping, card switching, card mucking, etc. He was widely criticized by those in the casino industry for the amusing way in which he discussed and analyzed such techniques, but anyone with half a brain could see that he was merely informing players with a tongue-in-cheek sense of humor.

Wong subsequently published Tournament Blackjack (1987), Basic Blackjack (1992), Casino Tournament Strategy (1992), Blackjack Secrets (1993), and since 1979 has published various newsletters including Current Blackjack News, aimed at serious and professional players.

Mr. Stanford Wong is a life legend of blackjack and we highly recommend his website http://www.bj21.com/ to anyone seriously interested in blackjack game.