Let’s play some Blackjack and use some Money Management Rules

Blackjack Strategy Video Source & Information:

For more information concerning my Day Trading Methods go to:
www.123DayTrade.com

Good Trades,

David AKA Tiger

P.S. This was just a FUN thing to do, and do not promote or license online gambling. This was simply a video showing how you can have a little fun on your next trip to your favorite Casino on a $10 table. Obviously, you would have to adjust this strategy on a $25 table. Perhaps, I will make a quick eBook, if there is enough demand showing how to bet more amounts.

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Let’s play some Blackjack and use some Money Management Rules

10 thoughts on “Let’s play some Blackjack and use some Money Management Rules

  1. It is nothing new that you win money if you win three times more hands than you lose. Has nothing to do with your betting-system.

  2. I have used this exact system for years but why do you cap at $30? Great system because you never lose more than $10 but can win quite a bit. After you have won twice, none of your money is on the table and you are even ahead by $5 so it is to your advantage to just keep adding $5 for each win up to a cap of half your starting stack ($50), just in case you have to double and/or split. This risks nothing and capitalizes on the 7+ win streaks (odds ~175:1 but they will occur). Even if you have a multiple split/doubles, and lose, you take the loses from your playing money first then your profits and almost never have to reach into your wallet to cover a bet. Also, in order for this system to work, I agree that once the original stack is exhausted ($100), you quit. But every time that you make more than the original stack, all extra goes to the side and is never touched again (except in extreme cases of the aforementioned splits/doubles with a large stack). So when you are winning, all monies go back to the Stack first and then the rest is basically out of play. Once you lose, you start out again at the Starting Stack and hopefully have put some money away to the side. This works well with real chips but good luck doing the mental gymnastics when playing online.

    Initial Bet: 10 Starting Stack: 100 Money in bank to cover 20 lost days of playing (3 sessions/day) (min.): 6000
    (Min. bet x 10) (Starting Stack x 60)

    Bet System: $10 then increase bet by half original bet (thus $5) each win until you reach half of Starting Stack (thus $50). On any loss, start again at Initial bet

    Initial Bet Win 1 Win 2 Win 3 Win 4 Win 5 Win 6 Win 7 Win 8 …
    10 15 20 25 30 35 40 45 50 Cap this at 50
    -10 -5 5 20 40 65 95 130 170 All future wins are just gravy

    Notes:
    – Memorize and use basic betting strategy and know what tables are better for players, i.e. does dealer stand on all 17s?
    – If you fall below the money needed to play at Initial Bet level then move down a level, i.e. $10 to $9, and vice versa
    – Break even point for this system is 3 wins and 2 losses
    – Uneven Initial Bets: most casinos won't let you bet, say $2.50 on a $5 Initial Bet win so just add $2 then next win add $3
    – Pick a number of maximum sessions you will play per day, say 3 or 4, to minimize losing streaks
    – Expect losing streaks, they will happen, so ensure to have a bank balance that can support them
    – Record all wins and losses on a spread sheet so you know exactly how you are really doing over time, and
    – There is no such thing as a winning system but this progressive betting style adds some fun and capitalizes on good streaks. Also don't forget that BlackJack is supposed to be fun, therefore play for the Entertainment Value (EV) over just playing to make money (yeah, good luck with that).

    It's up to you but I treat a win with BlackJack, splits and doubles as just one win and pocket the extra winnings (after topping up the Stack to original amount, of course). Never take insurance nor split tens (exception: you are a world renowned card counter), and never play on a 6:5 pay on BlackJack (only play on 3:2). You may also wish to adjust basic strategy by using rule of 2 or 3 for doubles, only splitting 8s up to a dealer 8, and always hitting a 16 versus a dealer 7+, or maybe not against a dealer 10, etc. but always, always, always play the same way every time whether your stack is $10 or $50 (in this example). Good Luck!

  3. What in the world? I have played blackjack for 30 years and even part of my professional gambling career. I am 4 minutes in and the dealer has busted on 60% of hands. NEVER I mean NEVER in tens of thousands of hands of blackjack I have played have I seen that kind of bust out rate for the dealer. This cannot be replicated in a casino.

  4. Why do people who have this amazing strategy to win win win NEVER show ya them playing with their own money..its always a simulation…. surely if its fool-proof they should be showing us with real £$£$£$£$£$£

  5. No, you're NOT even playing basic strategy, since you failed to double down on 11 against a dealer's 10 at 4:05. You don't even know the basic rules of what you're allowed to do and not, since you think you can SPLIT a 9 and an ACE! You're not even using basic strategy. You're just using superstition and magical thinking. This is what I see OTHER players do when I go to casinos to take their money away.

    And THIS is NOT money management! You also obviously have no idea about money management anyway, since you're not even counting cards. You are just using reverse Martingale, aka a "positive progression", raising your bet when you have a winning streak going. You are betting on the cards REMEMBERING whether you won or lost previous hands and causing you to win and lose in streaks more than statistics would indicate. If you're not counting cards, the correct amount of money to bet is ZERO every time. Money management just dictates how MUCH you should bet WHEN THE ADVANTAGE IS YOURS. But the advantage is NEVER YOURS HERE, because you're FUNDAMENTALLY DOING IT WRONG! The correct amount to bet when the house has the edge is 0 or the minimum bet if you must play. You don't vary your bet when the house has the edge. You bet the minimum, or you walk away. THAT is money management when you have a negative expectation scenario. You only BET MORE when the edge is in YOUR favor. Money management simply determines how much more you should bet in that case.

    As for DAY TRADING…. your odds are much worse in day trading. Trading the markets, that's like if the blackjack dealer was the owner of the casino, and he dealt you blank cards, and he decided what they were all valued at, completely at his discretion, and he decided whether you win or lose. THAT would be an accurate representation of the market. It's you against the rest of the world, and the rest of the world decides what it's worth, and the rest of the world wants you to lose and take your money away from you. Never forget that.

  6. Only way I’ve found to bet in blackjack. And feel no pressure. Thank you

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