Revel has an 8 deck game with roughly 80% penetration, hit s17, split up to 4 hands, no surrender. My bankroll is 2500 right now. This all sounds rough, but I've been simply not betting until I'm +1 TC. I don't give a damn that people complain. I make up nonsensical reasons why I just happen to be betting at random times. My questions are these: I feel I should do 5 or 10 dollar tables. What should my unit spread be? I'm thinking 1-6 and gradually increase it as my bankroll grows. The pit bosses in AC only care about big things and large bets so there is literally no heat. Anyway, is this a fool proof plan unless I get seriously unlucky? Thanks.
Quote: Lemieux66I feel like if I'm consistently betting with an advantage, and never ever less than 50%, that it's very hard to actually lose. The 1-6 is to just cover my ass in case of bad luck. I would probably add half units if the TC is almost 2 or 3 for example.
It's not hard to lose if you overbet your bankroll.
Consistently bet more than 2x Kelly and you eventually go broke with probability 1.
Which is surely hardly to be overlooked by dealer, floor, pit and Eye who all notice this eventually, particularly if there are other players grumbling perhaps quite audibly.Quote: Lemieux66I feel like if I'm consistently betting with an advantage, and never ever less than 50%, that it's very hard to actually lose.
As for the grumblers, just be social. Cheer for their wins. Give basic strat advice if they don't know. It builds you emotional credit I've found.
Quote: AxiomOfChoiceIt's not hard to lose if you overbet your bankroll.
Consistently bet more than 2x Kelly and you eventually go broke with probability 1.
I'm very cautious about this. It's why I'm even thinking of a 1-5 spread. Create certain money goals and increase the unit size by 1 once I reach them. I feel like my idea is sound but I have the nagging feeling I'm overlooking something or that I can do something better.
TC | Est Player Edge | Bet |
---|---|---|
<1 | <0% | 0 |
1-2 | 0%-0.5% | 10 |
2-3 | 0.5%-1.0% | 20 |
3-4 | 1.0%-1.5% | 30 |
>4 | >1.5% | 40 |
Personally, I would probably gamble at TC between 0 and 1, because that will cost you virtually nothing, and substanially increase the number of hands you play. Best of luck.
Quote: Lemieux66I've been advised that if your bets are small, you are invisible. I've learned that Atlantic City only cares about major things. Taking them for a couple thousand a month? They don't care.
As for the grumblers, just be social. Cheer for their wins. Give basic strat advice if they don't know. It builds you emotional credit I've found.
Giving advice to BJ players? I think I hear the grumbling turn into a roar LOL
Quote: Lemieux66But is there mid-shoe entry? I feel being in and out is far more important than the 17 rule.
Do you care where you play? There are three S17 tables in Resorts across from the high limit room. When sitting at them your back will be to the room. They are almost always $10 minimums weekdays and I've seen them at that on a Saturday afternoon. Penetration is dealer dependent at around 70% to 75% and they do allow mid shoe entry but can be sensitive to excess wonging out.
Quote: ncfatcatGiving advice to BJ players? I think I hear the grumbling turn into a roar LOL
Lol if you give advice that WINS, they love you. Advice that gets them to lose, you get somewhat blamed. I like to say "what book says" and take credit when they win and blame the book when they lose lol
Quote: Lemieux66I recently made the switch from Hi-Lo with Ace Counting to Omega 2 after a 2k loss at the Revel. It was pretty disastrous but that's how it goes sometimes. Anyway, I'm very curious about this.
I hear this story all the time - "man, I just got blown out using Count X, so I switched to Count Y."
I've got news for you, you have just as much chance losing 2K in a session with Omega 2. Maybe a tiny bit less chance, since it's technically a stronger count. But you're talking about tiny edges and percentages here. Any count will get you the money, if you are competent. And bumping up to a more complex count, you are oftentimes just as likely to make more mistakes, and thus cancel out whatever advantage.
Card-counting is not a guaranteed win; far from it. It's a statistically a +EV activity if carried out correctly, but you can win big or lose big on ANY day, even with the best count and the best counter. If you're rattled by losing 2K, then you need to make sure you are at peace with the potential outcomes on a short-term basis.
Use the system you are most comfortable with.
I was being modest about the "few" errors. I don't want to pretend I'm perfect but I know I'm very good.