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Minerva, Chapter 18 by Bob Murphy PART III The
dealer, a very attractive woman in her twenties, turned her attention to
Matt. His cards totaled
sixteen, while she displayed a forbidding Queen of Hearts.
Matt glanced at the stack of chips in front of him and felt queasy;
following the professor’s lead, Matt had wagered a full five ounces. Matt
glanced at the professor, who seemed quite smug.
I would be too if I were
sitting on a fucking twenty. “Normally
honey,” Matt said to the dealer, “I’d let you be as rough as you
want, but for right now, hit me gentle-like.” Mason
was glad to see that, notwithstanding the sophomoric flirting that so
entertained the other players (if not the dealer), Matthew had properly
scraped the table with his index finger. The
anticipation bubbled inside his guts as the dealer slid the card from the
shoe. Before Matt could tell
exactly what it was, he sensed the paint and knew he had busted. “Oh
sweetheart, you’re killin me,” Matt said weakly, forcing a grin.
He leaned over to the Asian man—who had to be just fucking loaded
judging from the piles of chips in front of him—and whispered, in a
tone loud enough for the entire table to hear, “I guess it really
isn’t rape, since what red-blooded man wouldn’t consent?”
Matt gestured at the dealer, who had by now flipped her Eight of
Diamonds and was reckoning with the bets of the players with active hands. The
Asian man’s entire body jiggled with glee.
Matt knew the man had never encountered someone like him
before. “It’s
all right Matthew, you made the correct play,” Mason said.
The hand had yielded a net gain of two for his running count of the
decks, and Mason, feigning absentmindedness, adjusted one of his chip
stacks accordingly. “Actually,”
Matt said, ignoring the professor’s move and placing out the minimum bet
of one-eighth ounce of gold, “I’m trying to win
money. If I wanted to
shower the lovely Jennifer with my hard-earned wealth, she’d at least
need to don a summer dress.” Jennifer
Heyden made no indication that she heard the remark.
The American’s behavior was actually ideal from her point of
view; it kept the men—who were all quite down except for the older
one—at the table, and the exaggerated compliments made for above-average
tips. Heyden also decided that
Stacy had been absolutely right—wearing the casino blouse without a bra was an extremely profitable fashion move. Heyden
made a note to herself to give the boy a Blackjack after the next shuffle.
Obvious as his remarks were, he at least understood class and would
keep the table’s lusting down to an acceptable level of decency. “I
understand your objectives,” Mason said, then added, “both of them.
And unless you are keeping exquisite count, which I daresay you are
not, then drawing on a sixteen against the dealer’s ten is the correct
move.” Matt
shot the Asian man an exasperated look, as if to ask, “Can you believe
this horseshit?” He turned
to Mason. “Okay,
so you’re saying that, even though I had a sixteen and the top card was
a ten, it was the correct move for me to hit?” “Yes,”
Mason answered immediately. He
tried not to let the boy’s antics distract him from the count. “Suppose
she had flipped a six herself?” Matt persisted.
“So that she would’ve busted if I didn’t take the top card.
Would you still say I should’ve hit?” “Yes,”
Mason answered immediately. “Well
I don’t know what the hell you’re talking about,” Matt decided after
a moment of thought. “And I
can’t believe I’m following your advice.
If the lovely Jennifer and I both have sixteen, and the top card is
a ten, I say the correct move is for me to stand pat on my hand.
You’re saying I should hit and bust?” Mason
sighed. It would be difficult
to explain the concept to Matthew, who undoubtedly had never mastered the
terms ex ante and ex post. “What
I am saying,” Mason said slowly, “is that, with the information you
had available at the moment of your decision, taking an additional card
maximized the expected number of chips you would have at the end of the
hand.” Matt
leaned back in his chair and held up his hands, palms facing the ceiling.
Again he turned to the Asian man. “I’ve
heard plenty of clichés about ivory tower academics, but this guy’s the
real deal, ain’t he?” Matt
nudged the man with his right elbow. “Now
I know your people are good with numbers, so maybe you
can explain what the fuck he just said.
But I’m sticking by my guns, and saying if I’ve got a sixteen,
and Venus here has a sixteen, and the top card is a ten, then it is simply
a MISTAKE for me to hit.” “Matthew,”
Mason said, trying to suppress a smirk.
He had grown quite used to this type of “common sense”
anti-intellectualism in his hard life.
“The scientific approach to Blackjack cannot concern itself with
‘feelings,’ or intuition, or luck.
It rests on an analysis of the cards you can see at the moment of
your decision, and the objective probabilities of the possible outcomes of
the strategies available to you. If
you simulate the game in a computer, you will find that the highest
long-run payoff follows from always drawing in that situation.” “So
then why’d I bust?” Matt said, bored with the conversation.
His attention had once again returned to Jennifer’s nipples.
He wondered if the no-bra thing was a personal decision, or an
actual casino policy. Even
though he’d moved to Minerva four months ago, he still hadn’t adjusted
to its outrageous possibilities. “Well,
that was just bad luck,” Mason said, distracted by his newly dealt
eleven. Matt
sat bolt upright. This guy really IS full of shit, he realized with amazement. *
* *
“How’d
we do, gentlemen?” “Well,
I got two phone numbers,” Matt said.
“And it only cost me fifteen ounces.” “What
about the good Doctor?” “I
experienced a statistically expected dip in my lifetime earnings,” Mason
answered truthfully. “But
before you gloat, I would like to point out that it can be fully accounted
for by the stochastic elements involved.” “He had back luck,” Matt explained. discuss this column in the forum Bob Murphy has a Ph.D. in economics from New York University. He is the author of Chaos Theory and has a personal website. |