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Blackjack question


gbpfan1231
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I always had an idea that you can win in blackjack by always betting something more than you have already lost. For example on bet 1 you lose then bet two you bet a dollar more = $2.00 if you lose next you bet $4.00 (3.00 you lost plus 1.00). As soon as you win a hand you go back to the starting point.

 

People say that if you play blackjack by the book it is close to 52% house 48% player. So that is almost a coin flip. Casinos use table limits to stop this from happening because a table that allows a $1.00 bet will probably cap the bets at $25.00 which menas all it takes is losing 4 hands in a row and if you believe it is basically a coin flip I think the odds of that are 1 in 16.

 

Online blackjack does not have limits so if you have the bankroll and the balls would this theory not work? I understand that you only win $1 each time you win but the nice kicker would be that if you hit blackjack when you are on a bit of a losing streak you will get paid off more than that $1.

 

Any thoughts?

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I've played both ways... increase the betting when you're winning(which is based on the theory of playing the "hot" table, and taking advantage of the streaks where you win 4 or five hands in a row). Or, like you are talking about, double your bet every time you lose. In theory, sooner or later, you should come out ahead, as long as you stick to the system. Two problems with that: Table limits, like you're talking about, is one. The other is that it becomes very hard to throw out $32, or even $64, when you've just lost 4-5 hands in a row. Like I said, I've played both ways, and I've had success (and failure) with both systems. I've also played neither, and just gone with more of a "gut feeling" approach, as far as how much I'm betting. I prefer to play Hold 'Em now, where there is a bit more strategy involved (and it's also more fun to play in a group).

 

Bottom line: The casino sets the rules so that there is no failsafe way for them to lose.

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I've played both ways... increase the betting when you're winning(which is based on the theory of playing the "hot" table, and taking advantage of the streaks where you win 4 or five hands in a row). Or, like you are talking about, double your bet every time you lose. In theory, sooner or later, you should come out ahead, as long as you stick to the system. Two problems with that: Table limits, like you're talking about, is one. The other is that it becomes very hard to throw out $32, or even $64, when you've just lost 4-5 hands in a row. Like I said, I've played both ways, and I've had success (and failure) with both systems. I've also played neither, and just gone with more of a "gut feeling" approach, as far as how much I'm betting. I prefer to play Hold 'Em now, where there is a bit more strategy involved (and it's also more fun to play in a group).

 

Bottom line: The casino sets the rules so that there is no failsafe way for them to lose.

You somewhat missed the point. I am talking only online so casino and limits are out. I also said if you play it this way and have the balls so it menas you do stick to the system and you are not afraid to plop down cash on a losing streak.

 

I don't really believe in the bet more when you are hot. The odds of winning don't change based on being hot.

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I always had an idea that you can win in blackjack by always betting something more than you have already lost. For example on bet 1 you lose then bet two you bet a dollar more = $2.00 if you lose next you bet $4.00 (3.00 you lost plus 1.00). As soon as you win a hand you go back to the starting point.

 

People say that if you play blackjack by the book it is close to 52% house 48% player. So that is almost a coin flip. Casinos use table limits to stop this from happening because a table that allows a $1.00 bet will probably cap the bets at $25.00 which menas all it takes is losing 4 hands in a row and if you believe it is basically a coin flip I think the odds of that are 1 in 16.

 

Online blackjack does not have limits so if you have the bankroll and the balls would this theory not work? I understand that you only win $1 each time you win but the nice kicker would be that if you hit blackjack when you are on a bit of a losing streak you will get paid off more than that $1.

 

Any thoughts?

 

This is called the Martingale System. Try it if you hate money.

 

If you lose 8 hands in a row, you are now stuck $255 and you're betting $256 on a single hand. Ask any blackjack player if they've lost 8 hands in a row. The answer is yes, and few players have the bankroll/heart/stones to bet $511 to win $1. Your risk of failure is too great. Believe me, many have tried this system. It doesn't work.

 

Further reading here.

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The double down theory can only be tried online. Most casinos simply won't allow it. I worked at Treasure Island Casino in Red Wing, Minnesota for 6 years. The pit boss will have you tossed if they see you doing that. I don't agree with it, but I've seen people try it and get tossed on several occasions.

Edited by Bachi Boy
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The double down theory can only be tried online. Most casinos simply won't allow it. I worked at Treasure Island Casino in Red Wing, Minnesota for 6 years. The pit boss will have you tossed if they see you doing that. I don't agree with it, but I've seen people try it and get tossed on several occasions.

Sorry, lost on this response. Why would they toss you? Admittedly, I am the perfect prey for a casino: I rarely play, and only on vacation when I really don't give a s hit when I lose... You obviously have much more expertise in this area. So why do they toss you if someone is willing to give up their money on something that is not a sure thing?

Edited by millerx
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Sorry, lost on this response. Why would they toss you? Admittedly, I am the perfect prey for a casino: I rarely play, and only on vacation when I really don't give a s hit when I lose... You obviously have much more expertise in this area. So why do they toss you if someone is willing to give up their money on something that is not a sure thing?

 

If I was the pit boss and I saw someone Martingaleing for more than half an hour, I'd comp their meal minimum.

 

And I forgot the best part about trying this system in blackjack rather than roulette. Let's say you started at $1 and you've lost 7 hands in a row, which will happen. So now you put a $128 bet in the circle to win $1. You get dealt 88 against the dealer's 6. What are you going to do? You're supposed to play optimum strategy, so you must split them. So you put another $128 out and split them. On one of the 8's you draw a 3. You're playing textbook basic strategy so now what are you going to do? That's right Sally, you need to pull out ANOTHER $128 to double down. And on the other 8 you get dealt an 8.

 

 

Crapping in your pants yet? And if this hand goes bad and you get scooped, how much do you have to bet on the next hand? NOW WHAT ARE YOU GOING TO DO? :wacko:

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If I was the pit boss and I saw someone Martingaleing for more than half an hour, I'd comp their meal minimum.

 

And I forgot the best part about trying this system in blackjack rather than roulette. Let's say you started at $1 and you've lost 7 hands in a row, which will happen. So now you put a $128 bet in the circle to win $1. You get dealt 88 against the dealer's 6. What are you going to do? You're supposed to play optimum strategy, so you must split them. So you put another $128 out and split them. On one of the 8's you draw a 3. You're playing textbook basic strategy so now what are you going to do? That's right Sally, you need to pull out ANOTHER $128 to double down. And on the other 8 you get dealt an 8.

 

 

Crapping in your pants yet? And if this hand goes bad and you get scooped, how much do you have to bet on the next hand? NOW WHAT ARE YOU GOING TO DO? :wacko:

 

This happened to me on a cruise ship a few years ago - I wasnt playing any system, betting $25 a hand and playing by the book. I get 88 vs a 4. Split, get a 3 and an 8. Split the 88, double the 3. Get a 3 and a 10 on the eights, 7 on the double. Double the 83, get a 4. Had to sweat the dealer flipping a 7, then a 5, then a Jack. My biggest haul ever on a hand of blackjack. I think I gave it all back after playing another few hours though. My wife was behind me, freaking out. I can't imagine doing this with $100+ dollar bets. Would be nuts.

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They toss you because they don't like it when people try and 'buck the system'. They look at it the same as counting cards. I know it sounds stupid, and I don't agree with it myself. I have seen people get tossed for this exact same strategy and trespassed for 3 months.

 

Sorry, lost on this response. Why would they toss you? Admittedly, I am the perfect prey for a casino: I rarely play, and only on vacation when I really don't give a s hit when I lose... You obviously have much more expertise in this area. So why do they toss you if someone is willing to give up their money on something that is not a sure thing?
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They toss you because they don't like it when people try and 'buck the system'. They look at it the same as counting cards. I know it sounds stupid, and I don't agree with it myself. I have seen people get tossed for this exact same strategy and trespassed for 3 months.

 

Ridiculous. I'd love to open a casino with a big sign out front that says "CARD COUNTERS WELCOME". Unless they're on a hugh coordinated team a la the MIT group, they have virtually no chance of beating the house. Any pit boss worth his fake Rolex knows to call for a shoe shuffle as soon as someone starts pressing their bet. A counter can't get any advantage unless they can get deep into the shoe AND the shoe is favorable. And quite frankly, if a few counters CAN beat the house, the game is so profitable for the casino that it's not that big a deal.

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Ridiculous. I'd love to open a casino with a big sign out front that says "CARD COUNTERS WELCOME".

SheikYerbuti...??? ...Isn't that an Indian name?...from the Titsnass tribe?

 

I say you should go ahead and live the native American dream and open a casino based on the exemption from heritage!!!

Edited by millerx
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Ridiculous. I'd love to open a casino with a big sign out front that says "CARD COUNTERS WELCOME". Unless they're on a hugh coordinated team a la the MIT group, they have virtually no chance of beating the house. Any pit boss worth his fake Rolex knows to call for a shoe shuffle as soon as someone starts pressing their bet. A counter can't get any advantage unless they can get deep into the shoe AND the shoe is favorable. And quite frankly, if a few counters CAN beat the house, the game is so profitable for the casino that it's not that big a deal.

 

Finally someone who agrees w/ me! :wacko: Been saying that for years, but most believe in the books, classes that teach that.

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