The Blackjack Guide » Money Management for Blackjack Players

Money Management for Blackjack Players

admin — Mon, 16 Oct 2006 10:17:21 +0000

How to avoid losing your shirt on the Blackjack table. Some commonsense tips on how to manage your money carefully in casinos.

Internet Blackjack

Winning is Easy

by Sacha Tarkovsky

Here we will examine the odds, best bets, and some strategy. If you haven’t played internet Blackjack is that the odds are far better than other games of chance like Roulette or Slots. So if you haven’t discovered internet Blackjack you should!

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The important thing in Internet Blackjack as in any casino game is to win and collect money and here we show you how in simple steps.

Internet Blackjack is played 8 decks of cards and chances on a hand dealt from a full shoe 8 decks is as follows: a banker can win 0.46, a player 0.44, and a tie 0.09. Obviously the bank wins most of the time.The casino will take a commission on the winning Banker hand of 5% and payouts on tie bets of 9:1. This Gives the following advantages to the casino: on a banker bet the advantage is 1.056%. On a player bet its 1.24%. On a tie bet with 8:1 odds its 14.43%

Forget card counting and probability, this is a pure game of chance and each play is seperate from any other. All you need to know is the bet with the best odds of success and you will have as much chance of winning as any other player.

Common Sense Strategy

Never bet on the tie. The odds are overwhelmingly in the house’s favor Also, as the bank will win in the end, why not bet the banker’s hand. Even after paying the commission, you still have odds in your favor. So bet with the bank. This is the best bet (this is also why they charge the 5% commission)

Play and Money Management Management

You know now the best bet, but not how much to bet. This is also important. In Internet Blackjack, it is crucial.

You must decide to have self-control. A majority of players often wager more than they can afford to lose. Don’t be one of them. Follow the three simple rules below:

Before you start Internet Blackjack you MUST decide how much you are going to loose. Write it down, stick to it. That is your limit.
Budget the money you have and allocate just so much to each round of play
Each time you win, allocate a percentage to the opposite pocket. Leave it there. Don’t deviate and that money is out of play. A smart player will put ALL of a winning hand out of play.

For example you have decided $1,000 to wager and to lose. You will bet the game betting the table minimum (let’s say $50). Put your winnings as per rule 3, out of play, After the 20th round you’ll only have played the $1,000, However, the money out of play, your winnings make sure you spend them and don’t give them all back - have some fun!

This strategy works for Internet Blackjack , and is the strategy of the winner.

If you leave with only small winnings, you are a WINNER.

You must remember that. Forget it, spend you winnings, don’t follow your strategy, chances are you will lose.

Internet Blackjack can be profitable and fun, but you must be disciplined and place the bets with the best odds of success and then you can be a winner at internet blackjack.

For more FREE info on winning at internet blackjack and all other major casino games visit our website for articles features and downloads http://www.net-planet.org/gaming.html

The Blackjack Guide » Money Management for Blackjack Players

Money Management for Blackjack Players

Internet Blackjack

Blackjack General