Poll

17 votes (60.71%)
3 votes (10.71%)
8 votes (28.57%)

28 members have voted

jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
  • Threads: 34
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July 13th, 2012 at 11:34:15 AM permalink
Has anyone here successfully made money counting over the long term? I have already lost money. And I'm scared to try again. Can some of yall give your story.
Born in Texas and lived in Texas my whole life.
brianparkes
brianparkes
Joined: Feb 26, 2012
  • Threads: 9
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July 13th, 2012 at 11:40:13 AM permalink
The thing to remember is that you are only flipping the casino edge of .5 to 1% over to your favor. It does not mean you will win every time. That is why having a large enough bankroll is necessary. But just like the casino, over a long enough period you will come out ahead, but you are going to have ups and downs along the way. That and making sure you have your skills down perfectly, because the small errors (basic strategy, index plays, converting the true count and keeping an accurate running count) will hurt the small edge you are trying to obtain.
jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
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July 13th, 2012 at 11:43:21 AM permalink
I am down a lot. I've been thinking that if I make one mistake which does happen occasionally that wipes out the work I've put in for an hours work. Because for every 100 hands I'm supposed to be ahead of the dealer by one hand. Is that right?
Born in Texas and lived in Texas my whole life.
jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
  • Threads: 34
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July 13th, 2012 at 11:46:02 AM permalink
Brian. Have you been successful for at least a year?
Born in Texas and lived in Texas my whole life.
brianparkes
brianparkes
Joined: Feb 26, 2012
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July 13th, 2012 at 11:50:24 AM permalink
I watch for them, not play :)
But I know enough about it to know it is successful, it just can be challenging to do it correctly. And there are plenty of people out there that are good at it enough to make it profitable for them.
jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
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July 13th, 2012 at 11:54:44 AM permalink
I took a class in person. And I'm convinced he is making money. But he has been playing for maybe over 20 years.
Born in Texas and lived in Texas my whole life.
EvenBob
EvenBob
Joined: Jul 18, 2010
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July 13th, 2012 at 11:58:59 AM permalink
Think about what a small edge 1% is. You need to play
perfectly with an edge that small. Few can do it, but
many think they are. If you're scared, or don't have
a big enough bankroll, you should find another hobby.
"It's not enough to succeed, your friends must fail." Gore Vidal
jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
  • Threads: 34
  • Posts: 1042
July 13th, 2012 at 12:02:23 PM permalink
The pit bosses seem paranoid like it works. Whenever I bet high the dealer says "check". Is this surveillance?
Born in Texas and lived in Texas my whole life.
dwm
dwm
Joined: Aug 9, 2010
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July 13th, 2012 at 12:03:08 PM permalink
Here is one way of playing that does not involve counting AND it has a net win over about 50 day sessions.

Playing double deck with good rules. Start with min bet, then upping one unit on each win. No regressions, just keep going up one unit on each win until the end of the deal, then start anew after the next shuffle. Easy and better than any non-counting betting scheme that I have encountered. I typically play at $15 min tables, going up $5 on each win, with session bankroll of 40x my starting bet=$600. As you are finding out, counting is no guarantee either, those big bets when you have a small edge gets real scary.
kewlj
kewlj
Joined: Apr 17, 2012
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July 13th, 2012 at 12:07:21 PM permalink
Simple answer is yes card counting works. But, to really show a profit you have to have the bankroll to be able to play at least $25 tables. The $25 tables and up have better rules, (lower house advantage) and less crowded conditions (more rounds per hour). If you are stuck playing low limit red chip level you can turn the game to your advantage but the higher house edge from worse rules and crowded tables will result in a very small profit and your expenses will eat up most if not all of that.

I am in my ninth year of supporting myself solely from advantage play of which the vast majority is come from card counting blackjack play. I haven't gotten rich. I have not yet had a 6 figure year, although several years have been reasonably close. But I do make what I consider a comfortable living, mid/upper 5 figures and am making more than what I was earning at my last job 9 years ago.

Even playing part-time, or just as a hobby, most people are not willing to invest the time and the funds (bankroll) to have a reasonable chance to turn the math in their favor.

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