what do you think about this qoute?

B

brodaiga

Member
The maximum edge that most card counters claim to attain in practice
is about 1.5%. In Atlantic City, you will need about a 1-8 spread
(i.e., highest bet is eight times your lowest) to grind out any profit
at all. My simulations show a .5% advantage (ratio of winnings to
total amount bet) for a 1-8 betting spread, 7 players, -1 to +10 strategy
adjustments, and abandoning counts of -1 or worse. If late surrender
is available, the edge improves to .66%.

As far as risk goes, a 500 unit bankroll (e.g. $2500 for $5 minimums)
has a 81.5% chance of doubling before going broke. If late surrender
is available, this improves to 89.3%. You are risking quite a bit
to win how much? 0.9 units is the average win per 100 hands; 1.3 units
with late surrender. So you could make about $5 an hour or so if you
are willing to have more than a 10% chance of losing $2500 before
doubling it.

If you want to make money at blackjack, either join a blackjack team or
play the single or double deckers in Vegas.

http://wiretap.area.com/Gopher/Library/Article/Gaming/hi-lo.txt

it would seem there would be more financial gain?
 
Sonny

Sonny

Well-Known Member
brodaiga said:
If you want to make money at blackjack, either join a blackjack team or play the single or double deckers in Vegas.
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I agree with everything in the quote except for the statement above. If you want to make decent money in a shoe game you need to spread more than 1:8 and/or backcount more aggressively. That’s no secret. I’d like to see the results of a 1:15 spread always playing 2 hands with entry/exit points at +2. I don’t think many people would be upset with those results. The weaker the game, the more strongly you need to play. I think the article really makes that point very clear. I always enjoy reading Michael's articles.

-Sonny-
 
E

eandre

Well-Known Member
Or drive north 4 hours to Foxwood's Newport Room($50 min) 6 deck, 1 deck cut off, ending slug set on top of return prior to shuffle(no plugging) with similar rules to your simulation except no resplitting of aces and only 4 hands resplit max. No one has ever said winning was easy but Team Play is not a solution for most. At times $5/hour even looks good to teams. In addition, Foxwoods doesn't even blink at a 50 to 1 bet spread since many Asian players will move from $50 to$ 1000 or $2000 routinely there and yet they never back them off. All you need is an adequate bank roll but you are right if $5/hour was the norm under your simulation then why play?...thank goodness for standard deviations in the real world of play.
 
creeping panther

creeping panther

Banned
Bodaga

I pretty much agree with the DD-SD quote. There are still some fine games out there to be had, you just gotta find em and then get there, and it can be very nice indeed.

I know where there are some GREAT 6d games and other great shoe games that I could play, if I did not specialize in dd-sd games.

Eander gives some info that he should not have given about a certain casino and how it handles its cards. These things need not be spoken about on a public forum, only harm can come from it.

Do not play a game you cannot beat comfortably, find another pastime to give you your "Rush", "Juice". I play BJ and have access to great games but I still need more "action" so I got back into Motorcycling with a brutal power cruiser to help ease my insatiable need for "Juice". I will often trailer my machine to far away casinos and burn the roads during the day and the BJ tables at night, and there is nothing better.

AIF

CP
 
E

eandre

Well-Known Member
Oops...I told the world's largest and most profitable casino that they set the ending slug on top of the discard tray instead of plugging it in 3-4 places and that they cut off 1 deck too! Shuffle trackers and counters will converge like locust and ruin it for everyone. This has beenFoxwoods' routine forever. Too many slide rule jockeys, bp player wanna be's and too much paranoid thinking I'm afraid. Did you ever check out sites that publicly provide playing conditions? But not to worry...my very last post anyway. My experience is worthless unless you actually play the game.Good luck to all you g a m b l e r s.:grin: :grin: :grin: Bet I'll read a few negative responses now????? I hear Foxwoods's knees knocking. P. S. Maybe blackjack site interaction should have a time limit like table play...I reached mine. Adios.
 
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creeping panther

creeping panther

Banned
Eander

there is no need for you to take offense and you should keep up your fine posting. :)

I stand by my comment about giving out information, stand firmly.

Best to you. ;)

CP
 
I

InPlay

Banned
eandre said:
Oops...I told the world's largest and most profitable casino that they set the ending slug on top of the discard tray instead of plugging it in 3-4 places and that they cut off 1 deck too! Shuffle trackers and counters will converge like locust and ruin it for everyone. This has beenFoxwoods' routine forever. Too many slide rule jockeys, bp player wanna be's and too much paranoid thinking I'm afraid. Did you ever check out sites that publicly provide playing conditions? But not to worry...my very last post anyway. My experience is worthless unless you actually play the game.Good luck to all you g a m b l e r s.:grin: :grin: :grin: Bet I'll read a few negative responses now?????
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You are totally right about "Too many slide rule jockeys, bp player wanna be's and too much paranoid thinking I'm afraid". That's what I have been thinking all the time. No gamblers but people playing with software for fun. I guess if that gets your rocks off good for you but I pefer the real thing!
 
sagefr0g

sagefr0g

Well-Known Member
InPlay said:
You are totally right about "Too many slide rule jockeys, bp player wanna be's and too much paranoid thinking I'm afraid". That's what I have been thinking all the time. No gamblers but people playing with software for fun. I guess if that gets your rocks off good for you but I pefer the real thing!
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lol some of us are gamblers and people playing with software for fun. just a fun and inexpensive way to hone your skills ahead of doin the real thang.
http://www.youtube.com/watch?v=Mc5zllXa_PI
not this lol :
http://www.youtube.com/watch?v=7GcVnhNjWV0
 
K

Kasi

Well-Known Member
brodaiga said:
for a 1-8 betting spread, 7 players, -1 to +10 strategy....0.9 units is the average win per 100 hands;...So you could make about $5 an hour or so
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I didn't get how you could play 100 hands an hour at a 7 person table.
 
K

Kasi

Well-Known Member
InPlay said:
No gamblers...I pefer the real thing!
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Everyone has their own definition I guess but "gambling" to me is playing with overall -EV. If I have overall +EV, I'm not gambling.

Fortunately, I've done alot more of the second than the first lol.
 
I

InPlay

Banned
Kasi said:
Everyone has their own definition I guess but "gambling" to me is playing with overall -EV. If I have overall +EV, I'm not gambling.

Fortunately, I've done alot more of the second than the first lol.
Click to expand...

With the small edge you have its still called gambling.
 
K

Kasi

Well-Known Member
InPlay said:
He doesn't. He is lucky to play 40. Lot of BS here and it ain't Basic Stratgery!
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What else do you disagree with?

Maybe there are better uses of $2500. But if someone wants to do it and take his chances with doubling his roll recreationally over a long period of time because he enjoys playing 10-20 hours a week, why not?

As long as he understands what's going on.

Would an Asian player spreading 250-2000 with a $125K roll somehow make it more valid just because he wins 50 times as much an hour?

Just more BS for you/anyone to deal with lol.
 
EasyRhino

EasyRhino

Well-Known Member
Sonny said:
I If you want to make decent money in a shoe game you need to spread more than 1:8 and/or backcount more aggressively. That’s no secret.
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I agree, but I'd tweak it witha slight corrolary:

- If you want to beat a crappy shoe game with a comfortable edge, spread huge or backcount aggressively.

- If you want to win money faster, play a better game.
 
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