Make Money Betting Blackjack
How to make a lot of money playing blackjack without betting a lot.
Every gambler would love to find a get-rich-quick strategy. Unfortunately, they don’t exist. No strategy will force a slot machine to pay out its jackpot. No prodigal power of observation will teach you a pattern to the roulette wheel. Blackjack comes with the highest RTPs, but you rarely win better than even money. Two rules will forever prevail in the casino:
- The higher the payout, the lower your odds of winning.
- The house always has the advantage.
How to Make a Lot of Money Playing Blackjack
The obvious response would be to bet more. If you want to win five grand on the blackjack table, you place a $5k bet and cross your fingers, right? Wrong! Sure, it might work, or you might be out of five grand in under a minute.
First of all, the term “blackjack player salary” isn’t quite appropriate. Professional blackjack players don’t make a set amount of money every month like a salaried employee does. Playing blackjack for a living is more like owning your own business or working for 100% commission. It’s true – today, there’s an app for everything, and blackjack money management is no exception. There are plenty of apps that allow you to compartmentalize your finances into neat, nifty little boxes that make managing money easy as pie. You can check out your spending history, make different budgets, and set goals for big purchases.
While simple to learn, true success requires experience, strategy and know-how. Become a real money blackjack expert today, starting with our extensive guide to playing online. Learn about different types of blackjack, our recommended online casinos and betting tips as well as a breakdown of the best bonuses. Removing these cards does make it harder to hit a good card on favorable 10 and 11-point hands, but it is the only answer to that long-sought question of ho to make a lot of money playing blackjack. Making the 4x bet at the right moment is the only way players can elevate their game to beast-mode status.
The only way to beast-mode the blackjack tables is to play a variant that allows you to capitalize on the best hands. For so many years, there was no such game. Now, thanks to the creative minds at Evolution Gaming, there is an option. They call it Power Blackjack, because it puts more wagering power in the players’ hands.
It is just as important to manage your money properly at the blackjack table as it is to make the correct play on every hand. In fact, all of the strategic skill and understanding of the game you can muster won’t matter very much if you manage your wagering money poorly. You need to know when to increase your bets and when to reduce them.
Power Blackjack by Evolution Gaming
Power Blackjack is a live dealer variant of 21 with two basic rule alterations. One of them benefits players, the other benefits the house, because again, the casino always has the edge. The new rules include:
Double, Triple & Quadruple Down
The first rule change is the player’s ability to double, triple or even quadruple down on a hand. Like the standard Double Down requisites, you can only Triple Down or Quadruple Down on a 2-card hand. Fortunately, you can do this before or after splitting, and on any total. To clarify how these work…
- Double Down: To double your bet on a hand, taking a single card and standing firm on the result. (Ex: Increase a $5 bet to $10.)
- Triple Down: To triple the size of your bet, take one card and automatically stand on the result. (Ex: Increase a $5 bet to $15.)
- Quadruple Down: To quadruple your bet, take one more card and stand on the total. (Ex: Increase a $5 bet to $20.)
These options effectively increase the player’s bargaining power, making hands more valuable when they have a higher chance of winning with a single hit. If you’re thinking that’s an awfully generous adaptation of the rules, you’re right. Thus, you can expect the trade off to be steep.
All 9s and 10s Removed
From an 8-deck shoe, Evolution Gaming has removed all the 9s and 10s from each deck. The face cards still remain, of course, but the 9s and 10s (8 cards per deck, 64 cards per shoe, 40% of all 9/10-point cards) have been eliminated.
Removing these cards does make it harder to hit a good card on favorable 10 and 11-point hands, but it is the only answer to that long-sought question of ho to make a lot of money playing blackjack. Making the 4x bet at the right moment is the only way players can elevate their game to beast-mode status.
#1 Canadian-Friendly Casino for 2020
Royal Vegas is our editorial pick for safe Canadian gaming. Currently offering a good range of Canadian deposit options, everything from prepaid gift cards, to eCheck, instadebit and visa/mastercard. That, and a world-class gaming experience, with countless table games, strong variety, and even live dealers. The brand has been in the business for a decade long.
Visit http://RoyalVegas.com
One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got severaloptions and I'll discuss them in this article and offer my recommendation.
Flat Bet Blackjack Strategy
This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also, playersfeel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.
Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against theskilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course, the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you canexpect over time to lose at the rate of $4 per hour.
Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player'sbankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.
Watch 'Why You Should Never Make the Blackjack Insurance Bet with Blackjack Expert Henry Tamburin' (March 2016)
In this video blackjack expert Henry Tamburin explains why a basic strategy player should never make an insurance bet. He gives details on three different situations that a player may encounterand why he considers blackjack insurance to always be a sucker bet.
Progressive Betting Blackjack Strategy
This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than alwaysbetting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet dependingupon whether the hand you just played won or lose.
Win progressions encourage you to increase your bet size after a winning hand. For example, you make a minimum bet of $10 and if you win, you raise your next stakes on the hand to $20.
There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand butas soon as you experience a loss, you start the progression over with a 1 unit bet.
Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course, what theydon't tell you is that you never know when that 5 consecutive winning hand streak will occur.
Make Money Betting Blackjack Online
There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progressions are dangerous and you should never consider using them.
There are also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. Thecreativity of progressive bettors is never-ending.
First of all, the blackjack strategy for betting progressions does not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (orlost) and your chance of winning the next hand. In other words, using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So bettingprogressions, in the long run, don't work in the sense that they won't improve your long-term chances of winning.
But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using abetting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casino's expected win is 0.5% of $1600 or $8. Inother words, a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.
Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduceyour average bet to $10 per hour and cut your hourly theoretical loss rate in half.
But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works?That, my friends, is card counting.
Betting When You Have The Edge (Card Counting)
With card counting, you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. Sounlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small valuecards were played in previous rounds, there are more big value cards left in the unplayed cards, and the edge shifts from dealer to the player. This would be the best time to bet more.
But I'm a realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count cardcounting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat The Dealer (circa 1962) firstrevealed card counting to the masses, the number of players who can successfully win money in the long run at blackjack number in the hundreds and thousands.
So what's the answer to betting at blackjack for the average player? I asked Don Pronovost that same question about four years ago. Don is a software developer that markets blackjack trainingsoftware. He spent the better part of two years and a trillion computer simulated hands looking for the solution to this dilemma. What he developed is Speed Count.
Speed Count is unlike any conventional card counting system. It's much simpler to master and requires much less concentration when you play. And unlike progressive betting systems, Speed Countwill give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution.
Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.
Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of theUltimate Blackjack Strategy Guide and was editor of theBlackjack Insider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin
Make Money Betting Blackjack Free
Try an online casino for FREE. We have over 15 No Deposit Bonus Codes. No credit card needed, just sign up andstart playing!