Archive for the ‘Blackjack’ Category

If win, press your bets. If you lose, bet less.

Tuesday, February 24th, 2009

One of the most successful ways to minimize your expected loss playing blackjack is this old Vegas wisdom: “If win, press your bets. If you lose, bet less.”. It pretty much boils down to betting more after a win, going down to the minimum of your bets after any loss. It’s a way to minimize your losses on the inevitable losing streaks — the one that kills people playing the Martingale system…

The “If win, press your bets. If you lose, bet less.” is basicly playing the Parlay system.

More info on these betting systems can be found in my post titled “Blackjack Betting Systems: a Method to my Madness“.

Good luck at the tables!

Haven’t been playing a lot…

Wednesday, December 17th, 2008

I’m pretty proud of myself for refraining from blackjack almost completely in the last couple weeks. Obviously the reason has to be sought in me dropping quite a lot of money in the past couple months — but still — the result is me playing less and fighting my gambling addiction, and that’s positive.

I’ll keep you posted of how I do NOT playing — I hope I can post here again in January telling you I’m still “clean”.

Pray for me, will you?

Tough September

Wednesday, October 1st, 2008

I’ve had a tough month of September on the blackjack tables and it’s pretty much due to not sticking to my “discipline”-promise. I started playing $1000 a hand again and even though I was up about 24 thousand that one night I ended up losing $30,000 total, which is a pretty sick amount for someone with my income… I’m losing in poker too…

I suppose I haven’t conquered my gambling addiction just yet. I only played 5 days, but the days I played — were hefty…

Hang in there with me.

Who wrote this? The “Basics” of Blackjack

Thursday, September 11th, 2008

The MONKEY who wrote this should be drugged to death. ;-)

(more…)

This is what we like to see…

Saturday, August 30th, 2008

WINNER WINNER CHICKEN DINNER!

blackjack

Pretty pic too! :)

Been doing well in June and the first days of July

Wednesday, July 2nd, 2008

My blackjack results for the first few days of July are resembling those of the rest of June – steady in the plus thanks to finding a new 4-deck shoe-game which allows me to count much easier than the 6-deck game I had at my local casino. Also – I’ve been doing great on the addiction side of my gambling hobby. I’ve put myself on a tough schedule not playing for 5 days in a row at some points during a work week and getting just a set amount of hours during weekend play… Not only does it work for now but it also means I can’t keep track of my win/losses during a session that much as I am supposed to leave the blackjack table at a specific hour anyway…

I have allowed ONE exception — I’m allowed to keep playing if the deck is hot, but quit when it drops below my collercount. ;-)

Wish me luck everyone!

Down again

Saturday, May 31st, 2008

Don’t say anything, please. ;-)

Blackjack Results: Back up for ‘08

Sunday, May 18th, 2008

I’ve climbed from my negative downfall at the start of 2008 and turned it into a marginal plus for the year.

I realize it’s minimal, but at least we’re not $5000 behind… :D :)

Wish me luck for May!

More Blackjack Losses

Saturday, April 26th, 2008

Have been on a cold streak and it’s hurting. I’ve gone back to gambling more than I was hoping to do, and I’m learning my lesson the hard way.

Down a couple grand for April and only had a couple winning sessions early in the month.

Planning a couple days outside the country, hope they don’t have casinos in Valencia. ;)

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. :)