Wide spread

[Guy777]

Is a wide spread a good thing ??

I play in the UK and am able to get away with £5 to £200 (at TC=6+).

Pen is good as well, with only one deck of six cut off.

With UK rules and the top 6 stratergy variations my sim says avergage £32 ish per hour....

SD is quite big though at about £500 per hour.

The fluctuations I experience seem quite big (although within 2 sd limits)

Does anyone know if a narrower spread give me a smoother (all be it long term smaller) return ?

Guy

 

[Rob McGarvey]

The Answer

is found in the relation of the expected edge you have to your bank ala Kelly. Overbetting and underbetting cut into your overall 4Q #'s, but may protect you, or send your BR into orbit. If we had an unlimited bankroll we (wouldn't be playing BJ now would we?) could simply bet table max when we have an edge and nothing or nickels when we don't. If you can sit out until the decks go positive you will not need a wide spread like that. Rule of thumb is 2u per deck ie 12-1 for 6D LV rules play all. If you can wong in at +2TC you can bet 3u and switch to a 4-1 spread, going 6u at +3 8u at +4 and 12 at +5 (if you ever get there) truely pushing your advantage.

u = 1/12 of 1% of BR approx.

 

[The Mayor]

Re: The Answer

Work backwards from your max bet. What is the largest bet you feel comfortable playing.

The way to reduce variance is not to reduce your spread, it is to leave when the count is bad. Simply not playing through negative shoes/decks will do more for your bankroll than all the spreads put together.

--Mayor

 

[Cadillac]

Rob and The Mayor's expertise is much more valid than mine. However, I will be in London in 2 weeks. Can you recommend a casino w/ good blackjack conditions? Do I need to register before I arrive? Thank You

 

[Guy777]

Check this group out http://www.lciclubs.com/, 6 decks normally only one deck cut off. But the rules here are a bit pants, no whole card, double 9,10,11, DAS, resplit aces, and resplit generally as manay as happends.

You will need to register at least 24 hours before entering the casino, that is law here at moment... still in the dark ages!

Have fun!

Guy

 

[Guy777]

Re: The Answer

Wonging is a challendge here, the casios are tiny, it is not unusual to have only one blackjack table open... So I am forced in most curcumstances to play all, otherwise its looks a bit strange.

Guy