Tag: Blackjack betting strategy

Blackjack Myth

While you may not have seen this in online blackjack, unless you were the one doing it, this is a pretty common occurrence at blackjack tables in brick and mortar casinos: players who have lost several hands of blackjack in a row (hope they were not using a progressive betting system) and now feel it is their due to win a round.

It is all too common. Whether the blackjack player has only lost a couple of hands or is just having a bad run with the cards, he will begin fussing about how it is high time he won a hand. As if the cards were really listening. But cards are inanimate objects and the odds in a round of blackjack do not bend to a player

Microchip Blackjack Happening

Imagine a game of blackjack in which you place your chips on the table and your betting total is instantly calculated by the casino. The casino is watching you and your chips, and how you are betting in blackjack, how much you a betting.

Sound a tad Big Brother?

Well, it does kind of sound that way. It seems casinos may have found a way to track their chips. The Meadows in Pennsylvania says that it might have in place microchipped casino chips. These chips would use a radio frequency identification technology to communicate with the casino.

According to the Meadows these microchipped casino chips can be used at a blackjack table to add up a player

How Card Counting Works

Part of the image of blackjack is card counting. And that image is of a smooth blackjack player who slips in and, using his incredible intelligence, overcomes the house edge, wins lots of money and slips out before the casino staff can catch on to him.

The idea that card counting can be used to beat the house is not new. And it can help a skilled blackjack player to break even with the house

Blackjack Myth

The only time that this myth would come up is when you are dealt a natural blackjack or a 20 and the dealer has an Ace showing. In fact, the only time you are offered insurance in blackjack is when the dealer has an Ace showing.

The belief on this blackjack myth might sound reasonable, but it is in fact not practical. Here are the reasons these myth-believing blackjack players will insure their blackjacks and 20s:

– If you insure your blackjack you will get an even money payout no matter what even if the dealer has a blackjack.

– If you insure your 20 and the dealer does have blackjack you will wind up with the equivalent of an even money payout because you will lose that round

Is Blackjack Beatable or Not?

You can go online and read about how blackjack is a beatable casino game. But then when you go to the casino and lose money or watch how another player makes more money than you. How does that work? Is blackjack really a beatable casino game? Is it more beatable for one player over another?

First, yes, blackjack is a beatable casino game. But it does require skilled card counting. Very skilled card counting.

The way it works is like this: the odds in blackjack are constantly shifting because cards are dealt and the makeup of the remaining deck changes. When the cards are running with high cards the odds favor the player. This is because there is a greater chance for the player to be dealt a blackjack.

The 3-2 payout is what makes up a good chunk of the player

About Card Counting

It is entirely up to the player in blackjack if he wants to use a blackjack strategy. Many players will take up basic strategy because of how easy it is to use and how effective it is. Playing every hand in blackjack according to basic strategy can lower the house edge to 0.5%. But for some blackjack players that is not enough strategy.

For those players looking for a little extra edge they will usually turn to brick and mortar casinos and card counting because card counting cannot be done in online blackjack.

Card counting is a way of tracking what cards have been played to have an estimation of what is left in the deck still to be played. Once card counting blackjack players have an idea of what is left unplayed in the deck they will base their wagering on that estimation.

Throughout an entire game of blackjack, these players will count the cards as they are played and discarded to manage their betting. This becomes a part of their betting strategy.

When counting cards, blackjack players tend to use one system or another. But like how basic strategy is the most widely used strategy for its ease and effectiveness, card counters in general will use the simplest counting system: the Hi-Lo System.

The Hi-Lo System assigns counting values to the cards, designating them as high, low or neutral cards. The breakdown is as follows:

2-6 are worth +1 and are considered low cards
7-9 are worth 0 and are considered neutral cards
10-Ace are worth -1 and are considered high cards

Well, now that you know that, let

True Insurance Odds

Earlier today I explained how the odds of an insurance bet in blackjack are not equivalent to the payout, making it an unfair blackjack wager.

Yes, fair wagers do exist. Take that single number roulette wager. It carries 36-1 odds and has a 36-1 payout. That makes it a fair wager.

We already determined this morning that if in the first round of blackjack that the dealer had an Ace showing and neither of your cards were worth 10 that the odds were 2.0625-1, which does not equal the 2-1 payout that the house offers.

But that is an unlikely scenario. So let

True Insurance Odds

Chances are you have heard countless times that you should not take insurance in blackjack. Does not matter if you are playing blackjack online or in a brick and mortar casino. It still stands that you do not take insurance in blackjack no matter what. You have been told that you are losing money faster to the house when taking insurance in blackjack.

And yet, there are players who still take insurance in blackjack.

Those of you who do take insurance, are you really aware of the odds on insurance? Do you know that you are not receiving a payout that is equivalent to the odds, which is a further rip-off on the casino

Betting in a Blackjack Tournament

Being that you are playing against other players in a blackjack tournament, your bankroll becomes very important. This is because advancement to the next round is based on who has the largest bankroll at the end of a blackjack tournament round. And ultimately the winner of a blackjack tournament is determined by the size of their bankroll.

So it is an understatement to say that your bankroll is just as important as your blackjack strategy in a tournament.

It does not matter whether it is a blackjack tournament that you have paid an entry fee to and are playing with that money, or whether you are playing with the nonnegotiable chips of a tournament. Your bankroll is just as important as your blackjack strategy.

That being said, let