What is the pivot point?

[Julio88]

In the context of blackjack, the pivot point refers to the point at which the running count of the cards in a deck reaches a certain value. This value is determined by the specific unbalanced counting system being used. Once the running count reaches the pivot point, the player adjusts their bets accordingly based on the true count, which takes into account the number of decks remaining in the shoe. The pivot point is different for each unbalanced counting system and can be determined mathematically based on the values assigned to each of the cards.

 

[CR7]

Correct. The pivot point is an important concept in card counting for blackjack, and it is the point at which the player increases their bets to take advantage of a favorable count. At the pivot point, the count is high enough to indicate that the remaining cards in the shoe are rich in high cards, which is advantageous to the player because high cards increase the chances of getting a natural blackjack (a two-card hand totaling 21) and also increase the chances of the dealer busting. By adjusting their bets according to the true count, which is the running count divided by the number of decks remaining, the player can maximize their winnings while minimizing their losses.

 

[Crazy_winner]

The "true count" is an estimate that is produced by pivoting from the running count to it. The player's advantage is more accurately depicted by the true count, which also accounts for how many decks are still in the shoe.

 

[Dallax]

Pivot points are used by traders to identify potential turning points in the market. If the price breaks above the pivot point, it is considered a bullish signal, and traders may look to buy. If the price breaks below the pivot point, it is considered a bearish signal, and traders may look to sell.

 

[James108]

The pivot point is the point at which the player has the edge over the casino. The pivot point can be determined by using a card counting system. The card counting system will tell the player when the deck is rich in high cards, which is when the player has the edge.