Team Tips?

[White Guy]

Hey, if you feel like it, just for the fun of it and sake of discussion, assuming you could find players you trusted completely, what would be the next step in your team plan? How much investment. How would you play what game? When would you distribute winnings? How much money would the team expect to make? Etc.

Haven't really drafted a solid "business plan" since I never made it past phase 1 finding team members. Ideally I would like to play the part of the BP and vary my bets based on the count coming in at TC of 2. I know it would take a lot of practice on the teams part to get the signals down and keep signaling while playing. It may be improbable and get confusing in actual play. Most likely I would flat bet at TC of two or higher have a signal for what the number is when I am in so I can keep count and wong out or spread to two hands if it gets really hot. That way I am always betting the same unit for camo's sake. The only difference would be one or two hands. Haven't decided on what amount of bankroll to use but a couple casinos in my area only offer $200 max bet so wouldn't need to be too high for them. Team compensation would depend upon the amount of investment and what the team would feel best about. Some people may want a percentage while investing own funds while others may want to be paid hourly.
On a side note...
Has anyone ever thought of forming a business with payroll benefits and all for spotters? Pay them hourly, give them schedules (even use a silent partner to keep an eye on them checking productivity and count accuracy) plus pay for "job training" and fire the ones that don't cut it during the probationary period? It seems some decent people with good minds wouldn't mind working part time playing Bjack as a spotter if you gave them a payroll check and benefits?? Also the tax ID would help with the IRS. If you find evidence they are skimming do the same thing any other business does and press charges. It seems like it wouldn't be too risky if the team owners did all the big betting since the spotters would only be betting min bets. I am sure there are some downfalls to this idea but it just came to mind.

 

[Kasi]

Most likely I would flat bet at TC of two or higher have a signal for what the number is when I am in so I can keep count and wong out or spread to two hands if it gets really hot. That way I am always betting the same unit for camo's sake. The only difference would be one or two hands. Haven't decided on what amount of bankroll to use but a couple casinos in my area only offer $200 max bet so wouldn't need to be too high for them.

That's cool - just was wondering. Always good to work on the details just in case - you never know lol.

Personally I sort of like the idea a flat-betting back-counter but that's neither here nor there lol.

I don't know what game you're talking about, what count you use, what your roll is etc but is there a reason you couldn't just be the BP all by your self and just back-count and enter at say +2 anyway?

Save paying all those spotters lol.

 

[GeorgeD]

If you 'hire" people for your team, you will have to withold taxes, pay state disability and unemployment insurance and possibly pay other things depending on your state. Besides it's a lot of bookeeping.

You may be able to have spotters at "contractors" to your business so you can take what you pay them as a tax deduction. Ask a tax expert.

Haven't really drafted a solid "business plan" since I never made it past phase 1 finding team members. Ideally I would like to play the part of the BP and vary my bets based on the count coming in at TC of 2. I know it would take a lot of practice on the teams part to get the signals down and keep signaling while playing. It may be improbable and get confusing in actual play. Most likely I would flat bet at TC of two or higher have a signal for what the number is when I am in so I can keep count and wong out or spread to two hands if it gets really hot. That way I am always betting the same unit for camo's sake. The only difference would be one or two hands. Haven't decided on what amount of bankroll to use but a couple casinos in my area only offer $200 max bet so wouldn't need to be too high for them. Team compensation would depend upon the amount of investment and what the team would feel best about. Some people may want a percentage while investing own funds while others may want to be paid hourly.
On a side note...
Has anyone ever thought of forming a business with payroll benefits and all for spotters? Pay them hourly, give them schedules (even use a silent partner to keep an eye on them checking productivity and count accuracy) plus pay for "job training" and fire the ones that don't cut it during the probationary period? It seems some decent people with good minds wouldn't mind working part time playing Bjack as a spotter if you gave them a payroll check and benefits?? Also the tax ID would help with the IRS. If you find evidence they are skimming do the same thing any other business does and press charges. It seems like it wouldn't be too risky if the team owners did all the big betting since the spotters would only be betting min bets. I am sure there are some downfalls to this idea but it just came to mind.

 

[moo321]

If you 'hire" people for your team, you will have to withold taxes, pay state disability and unemployment insurance and possibly pay other things depending on your state. Besides it's a lot of bookeeping.

You may be able to have spotters at "contractors" to your business so you can take what you pay them as a tax deduction. Ask a tax expert.

Yeah, you should be able to call them contractors. But then you can't control their hours, have a schedule, etc.

 

[Sonny]

I know it would take a lot of practice on the teams part to get the signals down and keep signaling while playing. It may be improbable and get confusing in actual play.

Then why bother with all the signaling? Just keep it simple and have everyone play individually. It is usually much more profitable as well.

http://www.blackjackinfo.com/bb/showthread.php?t=6468

Has anyone ever thought of forming a business with payroll benefits and all for spotters? Pay them hourly, give them schedules (even use a silent partner to keep an eye on them checking productivity and count accuracy) plus pay for "job training" and fire the ones that don't cut it during the probationary period?..Also the tax ID would help with the IRS.

This is how many of the real teams work.

-Sonny-

 

[callipygian]

If you ever in Detroit drop me a line and I will show you a few things.

I'd 100x rather take my chances hitting up a bunch of innocuous-looking nerds than to contact someone who's ever seen someone get killed for $100. I hope your statement was meant to be ironic.

 

[InPlay]

I'd 100x rather take my chances hitting up a bunch of innocuous-looking nerds than to contact someone who's ever seen someone get killed for $100. I hope your statement was meant to be ironic.

That's the beauty of the internet. Take it forever it is worth. Lesson 101 in life and all for free.