Blackjack Strategy Video Source & Information:
Even after mastering every aspect of card counting, you still need a bankroll if you want to make any money. So what do you do if you are lacking the funds for a proper bankroll? In this video, Colin breaks down the ins and outs of two less traditional approaches to a blackjack bankroll.
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Did the Church Team ever resort to money counting machines to help keep track of wins and losses? What is your opinion of using one?
Guys if theres anybody that can teach me their programs plss plss help me. I cannot afford it(im broke) but if you help me to know everything about blackjack I will give you back or pay it forward too. Plsss guys
I'm here seriously now because I'm an guy and blew my bank roll with in the last 3 months I lost $15,000… how? Not knowing basic strategy 100% and drinking while gambling and upping my bets at the wrong time 🙁
Now I'm getting seriously about this memorizing the charts first and then practicing counting. Gonna buy your program and also take your bootcamp next april
The reality is this. Playing perfectly to minimize risk of ruin, under realistic conditions at the most reasonable games, you can expect approximately a 50% risk of ruin starting from 5000 dollars. That's if you DON'T have to worry about crappy rules like double on 10 and 11 only, and if the cutcard is 1 deck before the end in a 6 deck game with a 5 dollar minimum bet, or a 2 deck game with a 10 dollar minimum bet (which doesn't EXIST unless it's got bj playing 6 to 5 or some other sucker condition). Which means starting from 10 thousand dollars you have a (.5)^(2)=25% chance of losing all your money. Which already ain't great, 25% chance you're going to lose it all. It gets worse when you have less. Starting from 2000 dollars, you have (.5)^(2/5)=76% chance of losing your money. Starting from a 400 dollar bankroll, you have a (.5)^(1/12)=94.4% chance of losing your money…. and that's not even accounting for the discretization error when you're so close to ruin which only makes things even worse, namely for example if the correct bet is say 150 dollars, and you bet that, and suddenly you have to split a pair of 8's…. that cuts into your expected return because the whole POINT of splitting such a hand is that maybe you'll get a 2 or a 3 and double that, but if you're already betting 300 of your 400 dollars, you're not going to be doubling down, or you're going to be doubling for less and going for broke, and if you double the first you certainly won't be doubling the 2nd one. That is also why you should never be undercapitalized. You can't go there with 500 dollars and be like "oh well if I lose that I'll come back with more." Because even if you decide to limit your losses and quit at a certain point, you don't know EXACTLY what that point will be, if you draw the line at 1000 dollars and your initial bet doesn't take you below that but you need to double down or split, NOT be willing to split or double down? You're there in the first place to be an advantage player, and if you're not willing and able to double down and split, guess what, you ain't an advantage player.
So NO. DON'T go with an insufficient bankroll and say to yourself "oh if I lose that I'll try again later". NEVER use up your last 500 dollars because you may be in such a situation, and know that if you start with less than 5000 dollars total, the most likely outcome is you will lose your money, so much for a career in blackjack. You need to already be rich if you want to succeed….. or get very lucky. Which already makes it like a lot of other things.
There are 2 ways to play. Playing to minimize risk of ruin (linear growth of bankroll, exponentially decreasing risk of ruin relative to bankroll size, best median performance), or playing to maximize expectation (exponential growth of bankroll, log(B)/B decreasing risk of ruin relative to bankroll size B, best mean performance)….. if you don't have hundreds of thousands of dollars, you'd better to the first one, and if you don't have tens of thousands of dollars, your chances of losing all your money is still staggeringly large.
You're being very dishonest when you say "it will grow", talking about your bankroll with very small values of it, and you say it quite a few times, and you don't understand that you just got very lucky. Own up to that fact, you got lucky. Over the short term, success or failure is due to LUCK, not counting cards, certainly if you're starting with 2000 dollars. If you have a coin that's biased 55% heads 45% tails, it could be tails 5 times in a row EASILY at the beginning and then where would you be, and you're giving other people advice as if they should expect the same thing to happen to them as what happened to you. You're like one of those that bought a bunch of apple or priceline stock in 2003 (as opposed to those that bought it in 2000 and cashed out with a 80% loss in 2003) and thinks they're an investing expert.
Awesome videos
How come BJA hasn't figured out how to beat 21st century Blackjack by banking?
sooooo… I have 50 bucks
What's up with the non blackjack to scan video at beginning….it's an old close poker club in Portland,last name was Portland players club….just funny to see
i started with $60 bank roll
hi, yesterday i came across this channel and i really would like to learn this skill. so i have 2 questions can i learn this on online blackjack. 2 do i really need to play for 40 hours a week to make money i would like just making some extra money not making it my job. i live in the netherlands so is there any dutch person that cab help me with this skill?