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Here is an article signed Bill Ricardi, a self-proclaimed blackjack expert. I do not know if this is a real person or if he is a blackjack expert, but the advise in the article is spot-on.
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When to Split Pairs
One of the most common mistakes that I see beginners make in blackjack is when it comes to splitting their paired starting cards. Some, knowing very little about the rules, never split at all. Others, knowing a little too much for their own good, always split a pair and take their chances.
The correct play is somewhere in between. You need to know when to split in order to maximize your profits. More importantly, you need to know when NOT to split, avoiding greed in order to keep your profits. Today, we’ll cover these two subjects.
There are certain hard and fast rules when you consider splitting cards:
[July 2008 Update: Sorry, but this post got lost in The Great Blog Loss of July 2008.]