Appropriate Bank Roll Suggestions
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What is the best way for me to maximize winning - if I am sticking to $25/hand and if I am playing $50 hands?
Casino Conditions: Dealer Hit s17, no surrender, no ins, up to 4 splits (2 for aces.) 8 Decks.
I like no mid-shoe entry at 25-3000 tables. Is that a wise waynto play?
I am planning on 200 hands/day.
Quote: TexasDollyI am a strategy player - no counting.
explain
Quote:What is the best way for me to maximize winning
if you have an advantage, study the Kelly Criterion.
Quote: TexasDollyI play basic strategy and somewhat conservative. I take all doubles/splits.
Please explain these two statements so there will be no confusion. Do you mean conservatively with your betting or with your playing decisions?
Do you play perfect basic strategy? By that I mean do you do what the strategy card says to do every single time? Do you have the strategy card for H17 which is different than S17? If you don't you can find them easily enough or I'll give them to you.
I do play with a card for my exact scenario - and I do not deviate from the card's strategy (no risky plays.)
Quote: TexasDollyWhat is the best way for me to maximize winning... I am planning on 200 hands/day.
Variance is your only hope for winning and 200 hands/day for more than one day will mean your Expected Value will dig into your Standard Deviation as a percentage, in my experience. In other words, if you have average luck, say one S.D., this will approach your Expected Value, which is negative. Let's say one S.D. and your E.V. are equal in absolute value through mucho playing. Average good luck, you even out. Average bad luck, one S.D., you get killed. To win you can see you need better than average luck now to win.
How much you play is a big deal. I think you want to think about this.
Quote: BuzzardJust use the John Patrick method, chart the dealer before playing, remember to push and pull when appropriate, don't be a dork, and all will end well !
Mr. Buzzard!
Excuse me, but I believe Michael has already awarded me the Smart-Ass award. Pretenders to the throne are dealt with swiftly, Sir.
no bankroll will maximize winning the longer you play. you will go bankrupt with a probability of 1Quote: TexasDollyI am a strategy player - no counting. Trying to size my bankroll - 60 hands/hr.
What is the best way for me to maximize winning -
playing against a house edge game.
Now, maximize winning probability of hitting a win goal - bet everything you have in one hand.
win - done- go to dinner and watch a show or something else
just my opinion
that happens to match thousands of expert mathematicians, some never ever playing the Blackjack game.
I would think you would be more concerned with surviving a 200 hand session with a certain unit bankroll
before bankroll ruin
for that
starts here
https://wizardofodds.com/games/blackjack/appendix/12/
How often do you want to bust a session bankroll, on average?
1 in 20
1 in 50
1 in 100
or higher
only you can answer that question
Have fun hitting
Sally
Quote: odiousgambitMr. Buzzard!
Excuse me, but I believe Michael has already awarded me the Smart-Ass award. Pretenders to the throne are dealt with swiftly, Sir.
+1
Quote: TexasDollyI am a strategy player - no counting. Trying to size my bankroll - 60 hands/hr.
What is the best way for me to maximize winning - if I am sticking to $25/hand and if I am playing $50 hands?
Casino Conditions: Dealer Hit s17, no surrender, no ins, up to 4 splits (2 for aces.) 8 Decks.
I like no mid-shoe entry at 25-3000 tables. Is that a wise waynto play?
I am planning on 200 hands/day.
You are playing a losing game, so bankroll size doesn't really matter. You will eventually lose it all. You can't "maximize winning" by playing a -EV game (other than by not playing at all)
How long do you want your money to last? The larger your bankroll, the longer it will last, of course.
Quote: odiousgambitMr. Buzzard!
Excuse me, but I believe Michael has already awarded me the Smart-Ass award. Pretenders to the throne are dealt with swiftly, Sir.
I do not believe you have enough suspensions to rightfully claim the crown.
Quote: BuzzardI do not believe you have enough suspensions to rightfully claim the crown.
Ding ding ding. We have a winnah!
Quote: beachbumbabsDing ding ding. We have a winnah!
Just because Buzzard bit hard when he was baited ... one day he may wise up to my schemes.
To maximize your chance of winning, don't play. If you must play, quit when you are 1 unit up. Otherwise, like others have posted, you are playing -EV so your bankroll is not really important.
If you want to know how big a bankroll you need to last a few hours, we can tell you that.
Quote: dwheatleyIf you are not counting, playing with no midshoe entry is good, because then counters won't come in and steal your good cards. I love stealing good cards.
To maximize your chance of winning, don't play. If you must play, quit when you are 1 unit up. Otherwise, like others have posted, you are playing -EV so your bankroll is not really important.
If you want to know how big a bankroll you need to last a few hours, we can tell you that.
Texas Dolly I hopes you are still with us despite the bickering and less than fully helpful posts.
Quote: dwheatleyIf you are not counting, playing with no midshoe entry is good, because then counters won't come in and steal your good cards. I love stealing good cards.
I guess this means dwheatley is a counter who plays at mid shoe entry tables.
The main advantage of No Mid Shoe Entry is that it is usually an indicator of a 3:2 game and so helps you avoid a 5:6 game.
>To maximize your chance of winning, don't play.
Good advice but if you've found this website you are probably diligent enough to want to be here.
> If you must play,
How about if you want to play, ... that at least sounds better.
> quit when you are 1 unit up. Otherwise, like others have posted, you are playing -EV so your bankroll is not really important.
What they mean is that Time at Table or Money on the Table each involve a negative expectation. You can chose how to slice and dice that negative but its still always going to be a negative.
>>>If you want to know how big a bankroll you need to last a few hours, we can tell you that.
Most such quotations are expressed at 90 percent chance of survival with five percent certainty or some such thing.
Quote: FleaStiffMost such quotations are expressed at 90 percent chance of survival with five percent certainty or some such thing.
The problem is that he did not give a timeframe. It make no sense to ask "how much money do I need to play?". It makes sense to ask "how much money do I need to play for an hour?" or "how much money do I need to play for 1000 hours?". Obviously these lead to very different answers (and the answer to the 2nd question is not 1000x the answer to the first)
thank you - for tbe candor.
I just returned from a 2 hour session.
Good News: I doubled my bankroll - I brought 100 units with me and left with 200.
Bad News is that I now have ro adjust my future expectations or I have to learn to start counting.
I am tempted to take 50 units with me this evening - to be played in the same manner. with the managed expectation that I may lose more than half of it.
I may not lose it.
The possibility of losing 10-20% of my funds while my confidence is strong and I have a realistic outlook doesn't feel as chancy as NOT trying.
Quote: TexasDollyall:
thank you - for tbe candor.
I just returned from a 2 hour session.
Good News: I doubled my bankroll - I brought 100 units with me and left with 200.
Bad News is that I now have ro adjust my future expectations or I have to learn to start counting.
I am tempted to take 50 units with me this evening - to be played in the same manner. with the managed expectation that I may lose more than half of it.
I may not lose it.
The possibility of losing 10-20% of my funds while my confidence is strong and I have a realistic outlook doesn't feel as chancy as NOT trying.
This is exactly why casino's are so beautiful and can offer generous comps. They get people who play a -ev game but win, these people then think they have confidence or are lucky and go back to play the same -ev game and lose it back. It is a win/win for the casino. They either get your money on trip one or they get your money on trip 3 or 4.
I started using the Wizards Ace-Five count. It is a "weak" system but it is better than nothing. It also takes about 7 minutes to learn and requires no practice.
yes, go for it.Quote: TexasDollyI just returned from a 2 hour session.
Good News: I doubled my bankroll - I brought 100 units with me and left with 200. [q/]
I am tempted to take 50 units with me this evening - to be played in the same manner. with the managed expectation that I may lose more than half of it.
I may not lose it.
The possibility of losing 10-20% of my funds while my confidence is strong and I have a realistic outlook doesn't feel as chancy as NOT trying.
it is gambling
if you run the math and/or simulations you will find it way
easier to lose 100 units than to double 100 units playing perfect BS BJ.
You do realize that right?
how much of your winnings was from your skill at playing BJ
and how much was just plain old luck that any one can have?
maybe 50/50
Sally
Quote: BozReopen "Dolly's Room", collect the rake and forget this idea. Also when you see your kid Todd again, tell him he still owes me $60.
Better chance of Doyle winning another bracelet than you seeing that $60.
Quote: BozReopen "Dolly's Room", collect the rake and forget this idea. Also when you see your kid Todd again, tell him he still owes me $60.
Better chance of Doyle winning another bracelet than you seeing that $60.
Quote: TexasDollyI am a strategy player - no counting. Trying to size my bankroll - 60 hands/hr.
What is the best way for me to maximize winning
Learn to count*, and do it right. You'll still lose, but your wins should more than offset your losses.
If you're not counting, the way to maximize play for your bankroll is to flat bet table minimum on the best game you can find and afford.
The suggestion I've often heard is "at least 32 units" for a session.
*and vary your wagers and play appropriately.
Quote: BuzzardBetter chance of Doyle winning another bracelet than you seeing that $60.
Just so you know this is a true story from the bar outside the sports book at Caesars Palace though my memory isn't 100 percent clear, I do believe however he said he would pay me back for beers bought for others I ended up buying. But the memories are worth the money.
