BlackJACK QUESTION

I know the Martingale system is bound to lose, but still thinking about using it. Anyway what are the typical maximum bets on 5$ tables in vegas? Is there any as high as a 1000$? And does every casino at sometime during a 24 hour period have 5$ blackjack?

Also interested if anyone has had any sucess with this system?

Yes, there are many tables that are $5-$1000. The rules are generally somewhat poor in comparison to some of the higher limit games, but avoid the 6:5 games and you will not be far off.

To the second part of your question, many strip casinos never have a $5 game, and will only go as low as $10 in the wee hours.

Remember, the martingale really doesn't mesh well with blackjack. You need money to double, split, and double after a split. If you don't have the funds to do this, the house edge balloons by a significant amount. Better off betting the pass line at craps if this is the case. Of course the martingale is not recommended in any case, but you already knew that.

Check out the Wizard's blackjack survey linked on the main page for everything you need to know. This survey will not capture exactly what the limits will be when you are in the casino - they are moved around a bit based on how busy the place is or the time of day. But it does tell you what a specific casino offers in terms of limits at some time or another, and what rules they use. If you don't see a casino listing a $5 game, they very likely never deal one.

EDIT: Success? Sure, a winning session happens often assuming you don't play too long.
Huge failures? Check that one too. Its a very stressful trade-off. When you win, which you usually will, your win will be pretty modest. But when you lose, its always a huge loss.

Your expected value, as always, will be your total amount bet multiplied by the house edge. This system does force you to make large bets so it will lose more money on average than say, flat betting $10-$15 a hand.

What if you do not spilt or double? and just stick to playing as if you didnt have the option? does that change anything?

Quote: nacher21

What if you do not spilt or double? and just stick to playing as if you didnt have the option? does that change anything?

Yes. The house edge will increase by about 2 percent. Plus the game will be a lot less fun. Doubles and splits are common in blackjack and are a significant portion of the player recovery of the advantage a dealer has in the game (winning if both players bust).

Well obviously it wont be fun to begin with you are using a system. But anyway do you by happen know which casinos have the 5-1000$ BJ tables or at least a couple examples in vegas? Have you heard of anyone using the Martingale system in a limited fashion, like maybe an hour at a time, having constant sucess? Thanks for your quick relpies by the way

Check that I re-read your earlier post, and saw the limits at the casinos. I even saw one 5-5000, which means you could lose as many as 10 times, and win on the 11th and almost break even!! What is the odds of losing 11 times in a row? I know the wizard said 1-173 for 8

Quote: nacher21

Check that I re-read your earlier post, and saw the limits at the casinos. I even saw one 5-5000, which means you could lose as many as 10 times, and win on the 11th and almost break even!! What is the odds of losing 11 times in a row? I know the wizard said 1-173 for 8

This will depend a bit on how you play and the rules, but we can get a pretty close estimate. As per the Wizard's figures, the odds of losing any number of hands in a row playing basic strategy under typical rules are .5251^x where x is the number of hands. From a specific starting point, the odds of losing 10 hands in a row starting on that hand are therefore 1 in 627. The odds of losing 11 in a row is 1 in 1195.

Keep in mind that the chances of losing 10 or 11 hands in a row over a session are much greater. The longer the session, the higher the odds.

Quote: nacher21

Well obviously it wont be fun to begin with you are using a system. But anyway do you by happen know which casinos have the 5-1000$ BJ tables or at least a couple examples in vegas? Have you heard of anyone using the Martingale system in a limited fashion, like maybe an hour at a time, having constant sucess? Thanks for your quick relpies by the way

It does not matter if you bet for an hour, leave for a week, and then bet for another hour or bet for two hours in a single session. The odds are the same. The longer you use the martingale the more likely you will see a large loss that wipes out any profit and then some. It could even happen right away.

The only direct experience I had with the martingale was with a friend who insisted doing it at roulette. I observed him playing for about 45 minutes as he very slowly won some money betting on red. Then a streak of several blacks and greens hit and he lost about $1000. He was not a high roller by any means and his wife wanted to kill him.

Remember, each win you have will be a measly $5. Meanwhile you will very likely be forced to make some very large bets in order to win back your losses and gain that same $5. Is it really worth it?

Quote: nacher21

Well obviously it wont be fun to begin with you are using a system. But anyway do you by happen know which casinos have the 5-1000$ BJ tables or at least a couple examples in vegas? Have you heard of anyone using the Martingale system in a limited fashion, like maybe an hour at a time, having constant sucess? Thanks for your quick relpies by the way

What's the difference between using a martingale system on blackjack (without splits or doubles) or single 0 roulette playing a number straight up, or playing the Pair Plus (1-4-6-30-40) at Three Card Poker? Nothing. You lose in all of them using a mg at a rate just over 2.5% (well, to be more precise, at the rate given by the house edge).

Why not use a martingale to buy lottery tickets? Buy 1 ticket then 2 then 4, etc. At least in this case you don't run into a house maximum!

It's all the freakin' same (for the 100,000,000-th time this question has been asked). The only question is the variance you want to experience while losing your money.

--Dorothy

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I dont get the correlation between BJ and playing 0 or pairs plus or lottery, all those are way harder to get, then a winning BJ hand. Also has anyone out there ever lost the first 8 hands they played at a table? specifically not in general.

Ive seen lose their first 10 hands at Blackjack may a time. It happens.

And the point being made is that the system is the same regardless of the event being wagered on. The system doesnt work.

The comment was about betting Red/black on a single 0 roulette wheel, not betting 0. And the correlation is that the sytem will fail.

Although the lottery idea could be an interesting experiment.

I've seen Martingaling lose in alot of places: Blackjack, Craps, Bacarrat, Roulette. Quite frankly, although the chances are low, you can lose 10 and 11 times in a row at alot of games.