Ultimate Blackjack Betting Strategy
Blackjack is one of the best casino games you can choose from. Most casino games run on chance however Blackjack is one of the few games where a player with enough know-how can turn the odds in his favor. Different Blackjack betting strategy is all based on mathematical equations but that's for the analysts to understand. All that you need to know are the basic principles.
The basic principles of winning at Blackjack tell you that for every situation you will need to make your decision based on which one is mathematically correct.
Most people play with their guts which means that they make decisions which are usually mathematically incorrect decisions which drastically reduces their odds of winning. Learn these strategies and you will be playing like a winner. Leave luck to the novices.
Here is a list of different winning Blackjack betting strategy:
Counting cards work by reading the game. This way the player can determine whether the next cards to come out of the deck will favor the dealer or the player. You start by assigning a number value to each card. Cards 2-6 will carry the value of -1, 7-9 will be 0 while ten, Jack, Queen, King, and Ace are worth +1.
By using this method you can keep a true count of the cards in the deck. If your count is low then you know that the deck is full of high-value cards so you will confidently bet high. If your count is high then you are better off going to another table or sitting out a few hands.
Thanks to popular media, card counting is the first thing that people think of when they hear about Blackjack betting strategy. There's a common misconception that it is illegal or that counting cards will get you in trouble with the casino's management.
The truth is that counting cards are not illegal however the casino reserves the right to ask you to leave at any time. If they think that you're counting cards then they probably will ask you to leave before you clear them out.
The Martingale System
This is one the most popular systems used by Blackjack players. It works by using a negative progression to make up for lost bets.
When using this system you choose a small bet and move forward from there. For every bet that you lose, you make another bet that is double the amount that you lost.
When you win, go back to your initial small bet and start again. This means that if your base bet was $2 and you lose it then your next bet should be $4. If you lose again then place down $8 and keep increasing the bet at this rate until you win.
Keep in mind that you're not doubling the base bet when you lose. You double the amount that you lost on the previous hand.
The Reverse Martingale
This one works in the exact opposite way to the Martingale and is also known as positive progression. With positive progression, you keep doubling your winning bets until you lose then start again at your base amount.
The advantage to using this method is that you will require a much smaller bankroll to use it. The negative progression version of the Martingale system can be extremely costly if you hit an unlucky streak.
The disadvantage to using the positive progression system is that you have to set an upper limit to when you'll stop doubling your bets which put a cap on your earnings.
Labouchere Betting Strategy
Labouchere's strategy is a complex one but it guarantees you winnings as long as you use it properly.
You begin this strategy by writing down a list of about 7 random numbers. For example, you can have 2-2-3-8-4-1-3. For your first bet, add the value of the first and last digits in the list.
Using this strategy, your first bet would be $5 (2+3). If you win this bet then cancel out the first two numbers on your list. Repeat the process using your shortened list to find the value of your next bet.
In the unfortunate event that you lose the bet, then include the value of the losing bet to the end of your sequence. In this case, the new sequence would be 2-2-3-8-4-1-3-5 and you would make your next bet according to the sum of your first and last digits.
By using this method you are given the chance to make back all of your lost earnings because they are added to the sequence. If used correctly, then you are sure to profit by at least one unit.
The major drawback to this system is that you will have to keep playing until you lose all of your money or get to the table's limits and neither of these situations is ideal.
How to Choose the Right Blackjack Betting Strategy
Each of these strategies has their merits and drawbacks. Labouchere's strategy is believed to be a waste time by most experienced players while the Reverse Martingale severely limits your winnings.
The best way to find out which method works for you is by experimenting and seeing how it goes with different Blackjack betting strategy. Either way, Blackjack is meant to be enjoyed so don't let working out all of these complex methods keep you from having fun.