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Big Blackjack Wins

By Henry Tamburin
One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got several options and I'll discuss them in this article and offer my recommendation.

Flat Bet Blackjack Strategy

Most blackjack players mistakenly believe that blackjack is close to a 50-50 proposition so if they lose several hands in a row, they reason the odds must be better for them to win. A common question that I get from gamblers is: “Can you win at blackjack without card counting?”. Much to their surprise the answer is yes. Here you will be able to learn how to play blackjack and win without counting cards. Here are two ways to win at blackjack without counting cards: Method 1: Hole Carding. Identifying the what the. If you don't do this, you are giving the house a huge huge edge. 1.5% house edge; The house generally has less of an edge than this. 0.7% player edge; He has never hinted at how he calculated this number. With all his other math problems, there is no way he is able to calculate his edge. The most common of these apart from the how to win at blackjack reddit wagering requirement is the list of eligible games for the bonus. Ensure that you use the bonus to play a game that it covers. Ensure that you use the bonus to play a game that it covers. Hello Reddit, Blackjack is my hobby, and I've been successful at it for over 30 years now. I was mesmerized the first time I saw a blackjack table. It became an obsession. And I found a way to win consistently. I've seen it all at the casino. I've spent time in all the high roller rooms. I've enjoyed all the perks of the casino.

This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also players feel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.

Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against the skilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800 worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you can expect over time to lose at the rate of $4 per hour.

Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player's bankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.

Progressive Betting Blackjack Strategy

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This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than always betting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet depending upon whether the hand you just played won or lose.

Win progressions encourage you to increase your bet size after a winning hand. For example you make a minimum bet of $10 and if you win, you raise your next stakes on next hand to $20.

There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand but as soon as you experience a loss, you start the progression over with a 1 unit bet.

Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course what they don't tell you is that you never know when that 5 consecutive winning hand streak will occur.

There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progression are dangerous and you should never consider using them.

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There is also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. The creativity of progressive bettors is never ending.

First of all, blackjack strategy for betting progressions do not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (or lost) and you chance of winning the next hand. In other words using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So betting progressions in the long run don't work in the sense that they won't improve your long-term chances of winning.

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But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using a betting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10 bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casinos expected win is 0.5% of $1600 or $8. In other words a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.

Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduce your average bet to $10 per hour and cut you hourly theoretical loss rate in half.

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But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works? That my friends is card counting.

Betting When You Have The Edge (Card Counting)

With card counting you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. So unlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small value cards were played in previous rounds, there are more big value cards left in the unplayed cards and the edge shifts from dealer to player. This would be the best time to bet more.

But I'm realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count card counting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat T

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