Just outta curiousity... Is this a good idea?

Preston

Well-Known Member
I have grown my bankroll considerably in the past month. It was $2k, and now it's sitting near $5k. I had been pushing a red chip spread.. on 6 and 8 deck shoes. But for double or single deck, I have been pushing green units. Is this a good idea? I am averaging about $600/week in blackjack winnings. Had some negative swings but always recovered.
 

zengrifter

Banned
Preston said:
I have grown my bankroll considerably in the past month. It was $2k, and now it's sitting near $5k. I had been pushing a red chip spread.. on 6 and 8 deck shoes. But for double or single deck, I have been pushing green units. Is this a good idea? I am averaging about $600/week in blackjack winnings. Had some negative swings but always recovered.
No, doesn't sound good. Your max bet should not exceed $50 or you are courting disaster. I asume you are counting, correct? zg
 

Preston

Well-Known Member
zengrifter said:
No, doesn't sound good. Your max bet should not exceed $50 or you are courting disaster. I asume you are counting, correct? zg
Counting yes. Wonging out of Neg shoes, but rarely wonging in as I have been playing a lot where the tables sit near full. I was trying it as I don't have to make as big a spread at the lower number of decks. Generally have been doing a 1-10 for 6 decks vs 1-6 for 2 decks.
 

Preston

Well-Known Member
21forme said:
Preston - I believe you're an east coaster. Where are you playing single and double decks?
Well, I green chipped all week in Vegas. That's where I found the double and single decks. There are also a couple outside of Cincinatti, but their rules aren't as good and the minimum bets for those tables is $25, hence why I started betting higher.
 

EasyRhino

Well-Known Member
It sounds like you had a run of good variance aka "luck".

What's the most you've lost before another win? Multiply that by 3. Then multiply that by the amount you want to increase your max bet. Is it more than $5,000?

In other words, betting over $50 is courting a very high risk of ruin.
 
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