Learn Blackjack Video Source & Info:
Blackjack card counting is very risky because your advantage is tiny. You need to bet huge amounts just to earn a little, so random fluctuations in luck can wipe out your entire bankroll. To earn just the minimum wage safely, you need a bankroll of many thousands of dollars.
This is Part 2 of the presentation, “Does blackjack card counting really work?” In part 1, I explain how card counting works, and I show how the card counter’s advantage is quite small. In this part, I explain further why card counting is risky, and I offer some suggestions.
Link to Part 1: https://www.youtube.com/watch?v=OFZ0Y5J58Qo
When you have an advantage, it is typically in the neighborhood of 1/2 of 1%. In this situation, you need to risk $100 on a hand to win 50 cents. Can you afford to lose $100 trying to earn 50 cents? And can you afford a 10-bet losing streak ($1,000)? Streaks like this definitely happen. You’ll also have big winning streaks, but you can’t count on them happening at any particular time. One big losing streak can easily be followed by another. Your bankroll needs to be large enough to handle these situations.
In movies like “Rain Man” and “21,” card counters win like crazy, which is nothing like real life. Real card counters have a tiny advantage — they win, they lose, they break even, just like everyone else. Their tiny gains, over weeks or months, are obscured by relatively large winning and losing streaks.
Card counting does not require unusual talent or intelligence — anyone can do it. However, it takes many months of memorizing and practice to become proficient. The very first step is to learn the “basic strategy”, without card counting. This means memorizing the best action to take for every combination of player total and dealer’s up card. You need to know this well enough to act without even thinking about it.
There are different basic strategies that you can learn. Most websites and books teach the perfect basic strategy, but it takes about a month of study and practice to become proficient. Why not learn a simplified strategy instead, which is faster and easier, and nearly as good? Find out more at http://BlackjackCalculation.com
To learn card counting, see the free online book “Modern Blackjack” by Norm Wattenberger at https://www.qfit.com/book
Watch the Simpsons (Homer, Marge) count cards here:
It’s pretty realistic, except that it shows Flanders placing his whole pile of chips on one bet. A real card counter would never do that, even in a highly advantageous situation. Also, a real team would arrive at the casino one at a time; they would not be seen together. Your advantage with card counting is only about 1 percent at best, so you need to risk large amounts over an extended time (weeks or months) to ensure a reliable win. Your chance of coming out ahead over an hour, or day, or even a week is just slightly above 50%.