1. Can I make 1,000 a month or even 100 above my initial investment every month for sure if i follow what i said above. How much time in a month would it take? How much practice hours logged on a computer would you be comfortable sending me to the casino with?
2, How much money would be the best to start out with on the 10 table if I don't have too much extra money at all?
3. I was betting 100 every hand in the sim game, in real life I wouldn't have that so what would be an amount even worth taking to try this? I know I"d be betting more on certain hands I think are high in good cards considering the count.
4. How often does someone lose half of their money and have to quit and also how often would i double? how much wiggle room in my bank roll would i need to have to get the best probability of doubling?
5. Those side bets and in bets seem great, is there any way to take advantage on these.....if I made one of these my actual goal?
and last but not least.....Is this worth my time for what I'm trying to do?
Quote: setman69I'm new and I have a few questions that I'm sure would help others if answered well. Using wizards simple basic strategy. Considering Ace Five Count. I used this in the sim game and went broke the first time and over doubled my second time. I wanted to see if it was worth it and it seems so. I would be going to the casino called Hollywood Casino at Penn National in Pennsylvania. Here's a link for their rules... http://www.hollywoodpnrc.com/Casino/~/media/grantville/files/tutorials/tutorial-blackjack.ashx I called and they said that min bet is 10. And that it's 3/2. She also said that a new rule is that if you have blackjack and the dealer has an ace that you get even money. I don't know if that's bad or not. I would only like to get into this if I can actually make money most of the time. Considering all this stuff let's say I take 1000 with me to start. If I'd lose half I'd stop and leave. Anything I'd gain over the initial 1000 i would keep and not get rid of. If I doubled to 2000 then I would immediately given the scenario pocket the 1000 and keop playing unless I got below 500. In this way I would always come out on top it seems to me because as long as i double and keep going i always come out with half more than what i brought. Besides some insight on these things I've mentioned and questions I've posed, I have some basic questions.
1. Can I make 1,000 a month or even 100 above my initial investment every month for sure if i follow what i said above. How much time in a month would it take? How much practice hours logged on a computer would you be comfortable sending me to the casino with?
2, How much money would be the best to start out with on the 10 table if I don't have too much extra money at all?
3. I was betting 100 every hand in the sim game, in real life I wouldn't have that so what would be an amount even worth taking to try this? I know I"d be betting more on certain hands I think are high in good cards considering the count.
4. How often does someone lose half of their money and have to quit and also how often would i double? how much wiggle room in my bank roll would i need to have to get the best probability of doubling?
5. Those side bets and in bets seem great, is there any way to take advantage on these.....if I made one of these my actual goal?
and last but not least.....Is this worth my time for what I'm trying to do?
Im not an expert, but it seems like if you plan on card counting at a $10 table and are only willing to risk $500, you are woefully under capitalized. You saying you are bringing $1000 but if you are leaving when you are down to $500 you are really only bringing $500. The $500 that you are keeping in your pocket is irrelevant. Good luck.
Quote: setman69
1. Can I make 1,000 a month or even 100 above my initial investment every month for sure if i follow what i said above. How much time in a month would it take? How much practice hours logged on a computer would you be comfortable sending me to the casino with?
2, How much money would be the best to start out with on the 10 table if I don't have too much extra money at all?
3. I was betting 100 every hand in the sim game, in real life I wouldn't have that so what would be an amount even worth taking to try this? I know I"d be betting more on certain hands I think are high in good cards considering the count.
4. How often does someone lose half of their money and have to quit and also how often would i double? how much wiggle room in my bank roll would i need to have to get the best probability of doubling?
5. Those side bets and in bets seem great, is there any way to take advantage on these.....if I made one of these my actual goal?
and last but not least.....Is this worth my time for what I'm trying to do?
0. Taking even money is a bad bet most of the time. If the count is very high, it's ok to take the even money (and to take insurance in general)
1. No, not every month. maybe on average, though. The ace-five count isn't very strong. You'd have better results with a different count. They're much more complicated, but if you'll be practicing anyway...
2. Your $1000 is probably close to right. I'd buy in for $500 and keep the other $500 in my pocket. That way, the chances of actually stopping at your loss limit are better:-)
3. You might be able to get by with a $10-$100 spread at Hollywood. They're not the nicest with people who aren't flat-betting, but that's probably low enough to go unquestioned.
4. You won't have much of an edge. It's much more likely to lose half your money than it is to double your money. Really, you'll be so close to 0% edge that it's probably twice as likely to lose 50% than it is to win 100%.
5. some side bets are countable. Which bets does Hollywood have?
6. Let's say you spread $10-$100 and have a 1% advantage. Your average bet might be $20. You'll see 70 hands/hour. 1%*70hands*$20=$14/hour in profit. Sooo...How far are you from Hollywood? How much does it cost you to get there & what else could you be doing?
Spread 10-40 sit with $200. Test the waters for heat, leave after 2 hours or +/-200. Since you're NOT counting 10's, you might not get much heat.