Blackjack - Multiple Hands / Players
6 decks
Dealer stands on soft 17
Double on any first two cards allowed
Double after split allowed
Late surrender allowed
Player may re-split to four hands, including aces
Cut card used
First, I had both players follow correct total-dependent basic strategy. Over almost 1.6 billion rounds, the loss of the first player to act was 0.289%, and the second player to act of 0.288%.
Second, I had the first player follow the same correct strategy, and the second player follow the same correct strategy except:
Always hit 12 to 16
Always double 9 to 11
Split any pair
Never surrender
Never soft double
In a simulation of 1.05 billion hands the loss of the first player was 0.282%, and the second player was 11.260%. So the house edge of the basic strategy playing first player was almost the same, regardless of whether the second player played correctly or wildly incorrectly. I hope this puts and end the third baseman myth, but I doubt it. As I have said many times, the more ridiculous a belief is, the more tenaciously it tends to be held.
There is usually no sound-bite explanation anyway to why one play is better than another. To know why the correct play is what it is, one must either consider every possible way the remaining cards could fall, for both player and dealer, or play out the hand thousands of times, even millions for very borderline hands. The decision with the highest expected value is the one you should take. Only refusing insurance yields itself to being easily explained.