Blackjack Investment

Treat blackjack as an investment; Play blackjack like an investor.

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Advantage-based betting system

Casinos could have long term profits because the players are innocent to the games. Even if you have handled the basics of card counting skills, and also can adjust the basic strategy on the changed index numbers, it does not mean you're ready to play. Thus, first Forget about the things to the casino, and all you need to do now is to manage their own funds to develop for their own betting systems. For a card counter, money management is referring to how to bet for the game to have you get more opportunities to win at the lowest level of risk of ruin. The advantages of the casino off card counters are very small, but in the process of gambling the oscillation amplitude of the bankroll can be large. Proper money management is to make sure you can survive on at the table long enough to wait until the best opportunity comes to you. At most of times, you will fail when start, and it would takes many hours of work, to begin to make a profit, this is the reality of blackjack playing.


Here, using the advantages converted from the true number to decide how much to be is one of the most scientific methods. This is called Kelly Criteria which can help players get the maximum profit with minimum risk. Under this rule, when you have the advantage of 1%, you could place 1% of the bankroll for betting. In practice, When by Hi-Lo card counting true counts increased by 1, 21 players in the gambling game have an increase of 0.5% advantage. Assume that the casino has the house edge of 0.5% under the application of basic strategy by players. When the true count is plus 1, the casino and the player equal in the advantage, meaning that players with the basic strategy does not lose or win at the long time gambling with casinos. And the advantage of player increases to 0.5% when the true count reaches 2, and so on. According to the amount of advantage, the player can accurately know the next hand, how much to bet. Even if there is a good card counting off the next card, counter will only bet a small part of the funds, because in the long run there could be have an average winning, but may still be losing money temporarily. Thus a good counter can determine the amount of betting is based on the advantage he gains. Because in the blackjack, doubling and splitting could be occurred which would increase the risk and meanwhile change the attribution of card dealt, the actual bet amount should be 76% of the player advantage. For instance, in accordance with the advantage of 0.5% of dealer, when the true count arrives at +2 seriously, the size of the player should bet:  Bankroll * 0.5% * 76%.

In addition, in the betting process we need to consider the practical operational factors. First of all, the minimum unit is required by casinos sometimes would be not identical with the betting amount you calculate using Kelly equation, so appropriate carry should be performed. More, it is difficult for players to place the bets only when the true count is +2 or above, thus most of time players have to bet when the dealer have more advantages. All these would exert a negative influence on the expected value. Thus, it is necessary to develop a suitable betting system. Make endeavor to be familiar with it, and then confidently applied in the actual situation. Of course, before that, you need to have enough capitals to resist to fluctuations of fund while playing. Additionally, to be strict with the betting strategy developed before is a necessary condition for you to gain the profits.

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8 Responses so far.

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