Your Favorite Betting Scheme?

[Jesse]

Before I go on my first big casino trip ide like to know what are some of your all's betting methods?
The one i'm prob. going to use is the one from "Take the Money and Run" which is bet 1 unit win go to 2 units and so on till you reach 5 units, if you lose stay at one unless your running count is +3 or better then bet 2 units even if you lost the last hand and go from 1,2,3,5 units.
Ive seen others where you bet $25-$100 if true count is 0 or less then bet $25 if its +1 bet $50 +2 bet $75 then if its +3 or more bet $100.
I am a $5-$25 player right now because of the size of my bankroll so ide appreciate it if I could get some responses on diff. betting strategies thats worked for you all at the range of $5-$25 thank you.

 

[learning to count]

"Before I go on my first big casino trip I would like to know what are some of your all's betting methods?"

My strategy is not to use a progession as you are expounding in this post. Learn basic strategy and bet flat. You will stay within the casino vig. Next learn a good counting system like HI-LO or KO Black Jack. As far as betting goes this is a complicated issue. You must undestand several mathmatical concepts that include Rate of Ruin ROR, Espected Value EV, and bet per the True Count. You must Avoid overbetting your bank roll. These concepts are included in those books that discuss card counting. Then you must understand the relevance of a bank roll and its coresponding bet size per the count which equal the amount of win rate. Then there is standard deviation. This is the amount you could lose or win at any period in your expected life time of play. This is the killer I know I am presently getting a bad taste of negative deviation. When you have this all in mind go for it. Just dont lose the mortgage payment.

"The one i'm prob. going to use is the one from "Take the Money and Run" which is bet 1 unit win go to 2 units and so on till you reach 5 units, if you lose stay at one unless your running count is +3 or better then bet 2 units even if you lost the last hand and go from 1,2,3,5 units."

Sounds like a progession with counting. This could unbalance your standard deviation which would put you at a disadvatage and below the negative deviation point. You could get lucky and go through a win streak but then that would be voodoo.

"Ive seen others where you bet $25-$100 if true count is 0 or less then bet"

Whew...are you trolling? Buy the book!

" $25 if its +1 bet $50 +2 bet $75 then if its +3 or more bet $100."

In all due respect this is a worthless "bet strategy". You have a high ROR.

"I am a $5-$25 player right now because of the size of my bankroll so I would appreciate it if I could get some responses on diff. betting strategies thats worked for you all at the range of $5-$25 thank you."

So in other words you have a $5000 bank roll. Read a better book. There is a fine list of proven books listed on this web site go to the green side of the board and scroll down and click on the reading list. If you want advice great welcome; if your here trolling fish in another ocean. I dont mean to be rude but we get a lot of small people here who like to cause disturbances.

 

[The Mayor]

Please.

Jesse,

A word of advice, read my essays on progression systems.

http://www.cardcounter.com/Mythology/Myth_Progression_systems_1.htm (Archive copy)

http://www.cardcounter.com/Mythology/Myth_Progression_systems_2.htm (Archive copy)

http://www.cardcounter.com/Mythology/Myth_Progression_systems_3.htm (Archive copy)

All betting systems that are not correlated directly with your advantage, by using a method such as counting, are equally worthless. Moreover, it is the policy of this site to not permit discussion of this matter.

Any book that promotes progression systems as winning, without reference to a counting system or other advantage play, is worthless. Note that the book you mention, by Henry Tamburin, associates a count with the bets -- other betting systems that are not count correlated should be thrown in the dumpster.

--Mayor

 

[Henry Tamburin]

The running count betting system in my book is for beginners that want to play even or with a tiny edge (depending on the rules). You should try to learn the complete Hi Lo counting system to gain an even greater edge. As others have metioned it's important to also understand Risk of Ruin and bankroll requirements. Even with the edge you can still lose a lot of money in the short run at blackjack.

Regards,

Henry Tamburin
www.bjinsider.com

 

[Rob McGarvey]

There is a book I must add to my collection! smile As the Mayor states, no progression that is not based on a count (or on your positive edge vs onLine casinos) is fantasy land. I have an article by Frank Scoblete that describes using a progression within your usual bet. Say you are a $100 bettor when you got to Vegas. By betting 5 10 20 40 then 80 you are actually betting LESS into a negative EV game, which is sound thinking. If you are playing a positive EV game you can do the same thing within the COUNT. If your +2TC calls for a bet of $100, and +3TC $200 (called TC-1 in black) you can underbet your advantage by using a "rising bet method." I too hate to see the word progression. Progo and huckster often go hand in hand, and the Mayor with his logical approach is well to warn you off going down that road.

Know what you are trying to accomplish and use the right tools to do it.

Blackjack Professional
http://webhome.idirect.com/~blakjack/index.html

 

[Jesse]

Thanks for your response Tamburin, learn the stratgey of the hi-low counting system as in what to do on the hand depending on the count? If that is what you mean I already have studied the charts for that and know it well, but how should I bet? Being a $5-$25 bettor.
Thank you again and I would really appreciate a response on what you thiink is a good betting strategy for that.

 

[Jesse]

No I am not trolling I came here looking for advice but from your response I did not get the response I was looking for. As in how your betting stratgey is?
You told me your a $5-$25 player like me but did not specify how you bet your hands?
Yes i have read good books started out with "Take the Money and Run" then went on on to "Proffesional Blackjack" and "Blackjack for Blood".
I know the high low count the basic strategy and the strategy number charts for mutiple decks S17 doubling after splitting and no doubling after splitting.
I'm using a bankroll 100 times my max. bet.
My problem is knowing what the best way to bet my hands depending on the count?