Archive for the ‘Basics’ Category

Blackjack Betting Strategy: my $100-$150-$250 system

Monday, April 7th, 2008

BlackJackIt’s one of the most successful betting strategies I’ve used in my time has been paying off in the past few weeks again. It takes long sessions to make a living, but it cuts the risks to an absolute minimum if you stick to basic strategy.

I used to play each day and quit as soon as I got $1000 ahead. I made about $4000 a week losses included on a 6-deck game.

A quick rundown;

1. Forget about doubles. Stick to basic strategy, but when you lose a double, don’t up your next bet.

2. Lose the $100? Bet $150 next. You’ll win $50 over the course of two bets if you win.

3. Lose your $150 bet? Bet $250 in the next run. You’ll break even over the 3 bets if you win and will be down $500 if you lose.

4. Once you lose a $250, go back down to $100. I know this means you’ll encounter some downswings, but believe me — all you need is a $2500 bankroll to be almost safe to not go broke. :)

Won $1200 yesterday in about two hours. Never was down a single second. :)

Interview with MIT Blackjack team member

Monday, December 24th, 2007

This is quite an interesting video considering Fox being the source. ;) The interview about Mike, a former MIT Blackjack team member, a bunch of geniuses counting cards in Vegas…

The MIT team is now banned in a lot of casinos, which is sad… ;)

Good to see mike stressing the basic strategy… It’s SO important, even when card counting! :)

When to double down in Blackjack: Doubling Down to Double Up Profits

Thursday, December 6th, 2007

Many casinos offer the option to double up on a single hit card. Some of us look to divine inspiration on when to double up, others use a lucky charm, I myself like to use mathematics.

There are some hard and fast rules about when to Double Down. They are as follows.double down

If you have 11 you can double. There is a 30% chance of making 21 and no way to bust out. If you do make 21 the dealer can only beat you with a Blackjack and even then you’ll have your money returned.

If you have a hand of 10 you can double. The odds of winning are similar to that of if you have 11 and you have no chance of going bust.

If you have 7/8/9 don’t double. As tempting as it is that you might make 17, 18, 19 or even 20 it is unlikely. Any card other than a 10 will leave you with a vulnerable hand. The only exception to this is if you have a nine and the dealer had a low (2-6) up card and thus has a good chance of going bust.

If you have 12 or more DON’T DOUBLE. As tempting as it may be when you see the dealer has a card that means he is likely to go bust. You also have a high chance of busting and losing out.

What you must remember with Doubling Down is that you can only have one further card.

I would stress that doubling up can also affect the effectiveness of your betting strategy. Especially if you are using the Paroli or Martingale system. You should make the decisions about when you are going to Double Down and stick to them so you don’t click the double button on a whim.

Blackjack Betting Systems: a Method to my Madness

Thursday, December 6th, 2007

There are several betting systems floating around to help you maximise your profits from playing Blackjack. Here we look at the good the bad and the ugly.

blackjack dealerLets start with the most well known; the Double-Up. It is actually known as the Martingale system. You start with a one unit bet ($1 if you are me or $1000000 if you are the Sultan of Brunei – you base your unit amount on your bankroll). If you win you make the same bet. If you lose you double the previous bet continuing to double until you win. When you win you start again with one unit. This betting system is madness and you have to have a huge bankroll to make it work. It is not uncommon to lose 8 hands in a row, by which time you will be betting with 128 units! In the long run you will not make money this way. Your bankroll will be broken in no time at all –unless of course you are the Sultan of Brunei.

The Paroli betting system is the opposite of the Martingale system. This time you double up when you win. To use this system you need to decide how many you times you double up before you start again. This system can be effective as it is simple to use and easy to remember. You also don’t need a large bankroll to play in this way and it can make a lot without risking too much.

The Parlay betting system is comparable to the Paroli system. It is simple and easy to remember. You base your bets on your profit, so you make a bet where your original bet plus your original winnings are used for your next bets. To use this system, you simply start by making a bet of any size. If you win with this initial bet, you use the original bet and part of the profit to place your next bet with. For example you bet £10 and win, for your next bet you use the original bet, $10 and part of the profit say $5 to make the next bet (Total $15). This way you are not always risking your profit. As with Paroli you need to decide how many times you will do this before you start again. Although you won’t make as much profit as with Paroli you will be risking less of your profit.

The Parlay betting system takes a little thought before you hit the tables but in the long run it can be a good option for beginners and seasoned players alike.

Blackjack lesson by the Sahara Casino

Tuesday, December 4th, 2007

A pretty good lesson on single deck blackjack by the Sahara casino. Obviously in these tutorials you’ll see everyone winning and the bank pretty much busting all the time — but hey — we all know that’s not too reaslistic hehe!

Still, a pretty solid first tutorial for anyone who never played single deck blackjack before — so check it out if you’re new to the game!

By the way — excellent dealer skills! :D

Blackjack – The Basics

Thursday, November 29th, 2007

We have all played 21 as kids and so the rules of blackjack shouldn’t be too daunting. Before you play for money you should learn the lingo and the rules to look out for.

The object of blackjack make the highest total you can without going over 21 (going bust). Simple.

BLACKJACK TABLE LAS VEGAS

Each numbered card 10 and under, has a value equal to the number on the card. All the face cards count as 10. This leaves the magic Ace which can count either as 1 or 11, depending on what helps your hand the most. A hand that is 21 is called ‘blackjack’. If you are dealt blackjack you are paid immediately (and you get to do a little dance).

There are 2 ways to win. Either you have the highest total or the dealer goes bust. You can play with other players at the table but you are only trying to beat the dealer. If the dealer gets a blackjack, the players automatically lose unless they have a blackjack too.

Each player receives 2 cards (usually face up) on the table. The dealer receives 1 card face up and 1 card face down.

The player has the following options while playing blackjack:

  • Hit Taking another card
  • Stand You have made your best hand
  • Double Down Doubling your bet and taking one more card
  • Split Splitting your pair into two separate hands
  • Surrender Surrendering half of your bet and giving up your hand right then

You have the option of taking as many hits as you want as long as you don’t go over 21.

The dealer must play his hand according to the house rules. Usually the dealer must hit until he has a total of 17 or higher. If the dealer starts with a total of 17, he stands.

See simple. This seemingly easy game has driven grown man too tears with joy and despair. Try it and see how you fair.

Blackjack money management: You Need Money to Make Money

Thursday, November 29th, 2007

blackjack tableIsn’t always the way? With blackjack your bankroll needs to be sufficient to bear up under the normal fluctuations that happen during blackjack. You need to understand that you will not always win, even if you stick to the Basic Strategy charts. I’ll say it again, you will not always win. Sticking to the Strategy only increases the likelihood of you winning.

Only Play with Money that you don’t need
Never gamble with money you can not afford to lose. Gambling with rent, bills or food money is bad. If you are doing that, you might want to consider taking a break from gambling for a while. If money in your bankroll has an emotional attachment you will make bad decisions. Bad decisions lead to losing play. You need to think of you gambling bankroll as units to play with, not as the amount of stuff it can buy you.

You need to have enough
You need a bankroll large enough to sustain the short swings of bad luck that you will encounter at the blackjack tables. You still need money to keep playing and ride out the short swings. You need to have at least 30 times the amount you bet at the table and the same again in your bankroll for reloading. So if you bet in $1 bets then you need at least $30 at the table, if you bet in $20 bets than you need $600 at the table.

Don’t Bet Too Much
Don’t double up or triple up to try an regain your losses. You will lose more money and then you will be grumpy. Stick to your betting system. Have a fixed amount that you will lose in a session and when you reach it WALK AWAY. Write yourself out some little guidelines and stick to them. Many players will accept 20 times the amount they bet at as a loss but no more. Set up reloading limits if you play online. Many sites will help you restrict the amount you can reload in 24 hours.

If you are winning, put aside some of your spoils to use another day. Have guidelines about what to do with your winnings and stick to them. Don’t use a winning streak as an excuse to increase your betting: you will regret it.

Insurance is no Guarantee for Winning in Blackjack

Thursday, November 29th, 2007

When the dealer turns an Ace as their upcard your heat will sink, especially if you have a terrible hand. They seemingly offer a beacon of hope by offering insurance against the dealer having Blackjack. Phew! Well that’s all right then.

Well actually it is not. Do not take them up on this kind offer. Like your mother told you; never take sweets from strangers. Casinos only offer things that will in the long run make them money. They are not a charity. The house edge on insurance in single deck blackjack is more than 5% and only rises with multiple decks.

Insurance can be extremely hard to pass up when you have a blackjack. There are two scenarios, if the dealer has a blackjack, you will only win 2:1 on the insurance bet. However, if the dealer doesn’t get a blackjack you will win the main bet, but lose the insurance bet. Since the odds of the dealer getting blackjack are fairly low, over the long term you’re better off not taking the insurance. Once in a while the dealer may get a blackjack and you’ll push, but more often you’ll win and get a 3:2 payout.

The only player who would gain by placing a blackjack insurance bet is someone that is using a card counting strategy in a casino where the cards are not replaced and reshuffled. So for you online players: stay away.

Basic Blackjack Strategy: It’s All in the Charts

Thursday, November 29th, 2007

blackjack01.jpgBlackjack is all about the maths. You can’t bluff, cheat or hustle in blackjack you just have to know the most favourable play in each situation. Really clever bods have run computer simulations to establish the best possible strategy to use in blackjack, and this is commonly referred to as Basic Strategy. Sticking rigidly to the basic strategy will reduce the houses edge.

It is basic because it is basic. You just follow the chart. No really it is that simple.

The Basic Strategy chart for a single deck game is slightly different than the Basic Strategy chart for a multi-deck game. A good blackjack player knows the Basic Strategy charts inside and out. If you are playing on line have them handy to refer to at all times. Below is a basic guide suitable for a beginner. As you get more accomplished you should read more about card counting and what to do in more complicated situations; like pairs and playing with different numbers of decks.

Please remember that the Basic Strategy is a guide. It is the mathematical solution to what to do in each situation but it is not going to make you win all the time. (If you find something that does let me know!) A basic strategy just reduces the house edge to give you a fighting chance.

Hard Totals

Dealer’s Up Card

2

3

4

5

6

7

8

9

T

A

Hard Totals

8

H

H

H

H

H

H

H

H

H

H

9

H

D

D

D

D

H

H

H

H

H

10

D

D

D

D

D

D

D

D

H

H

11

D

D

D

D

D

D

D

D

D

H

12

H

H

S

S

S

H

H

H

H

H

13

S

S

S

S

S

H

H

H

H

H

14

S

S

S

S

S

H

H

H

H

H

15

S

S

S

S

S

H

H

H

H

H

16

S

S

S

S

S

H

H

H

H

H

17-20

S

S

S

S

S

S

S

S

S

S

Soft Totals (Ace is either 1 or 11)

Dealer’s Up Card

2

3

4

5

6

7

8

9

T

A

Soft Totals

A 2

H

H

H

D

D

H

H

H

H

H

A 3

H

H

H

D

D

H

H

H

H

H

A 4

H

H

D

D

D

H

H

H

H

H

A 5

H

H

D

D

D

H

H

H

H

H

A 6

H

D

D

D

D

H

H

H

H

H

A 7

S

D

D

D

D

S

S

H

H

H

A 8

S

S

S

S

S

S

S

S

S

S

A 9

S

S

S

S

S

S

S

S

S

S

Action: H = Hit S = Stand D = Double