Running Counts Versus True Counts in Balanced Counting Systems
The Running count is the running total of each card's assigned value. When using Balanced count (such as the Hi-Lo system), the Running count is converted into a "True count," which takes into consideration the number of decks used. With Hi-Lo, the True count is essentially the Running count divided by the number of decks that haven't yet been dealt; this can be calculated exactly or approximated with an average card count per round times the number of rounds dealt. However, many variations of True count calculation exist.
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