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A betting system is a way of
using money management to maximize your profits. No matter
what technique or method you use to give yourself an edge at
the blackjack table, if you don't manage your money properly
you will probably walk away a loser.
Card counting and cluster
counting includes its own type of betting system.
IE:Increase your bet size two to three times your original
bet when conditions favor the probability of receiving a
winning hand.
But what if you are strictly
a basic strategy player? Besides the obvious bank roll
increases experienced by doubling down and splitting your
cards, what method should you use to increase your chances
of walking away a winner? Below are 3 betting systems. The
first two are systems which are worthwhile to use depending
on your starting bankroll. The last one is a common system
which is not recommended, but it is included on this page as
it is one which has been recommended by certain, so called
'blackjack experts'.
Progressive Betting System
- 2 Level
This is the simplest betting
system to use and still effective. To use this system simply
decide on a minimum and maximum bet. Then bet the smaller
amount after a loss and the larger amount after a win. For
example, say you set your minimum bet at $5 and your maximum
at $15. Start with a $5 dollar bet. If you win that hand you
bet $15 your next wager. You then continue to bet $15 until
you lose. After any loss you return to your minimum bet of
$5.
This is a basic, put solid
progressive betting system.
Progressive Betting System
- 5 Level
This is another simple, yet
effective system, based on a 1,2,3,5 back to 1 progression.
Example: For a $5 player, the betting levels would be
$5,10,15, and 25. With this system you start with your $5
bet and progress to the next level when you win a hand. If
you lose a hand you drop back down to your original $5
wager. If you win four hands in a row you should then drop
back down to your original $5 wager, hence the 1,2,3,5 back
to 1 progression.
Lets take a look at how this
works. This system is rewarding when you experience winning
streaks but still doesn't kill you with losing streaks. Lets
say you lose your first three hands and then win your next
three. Assuming a starting wager of $5 you would be ahead
$15 at the end of six hands. If you were betting an equal
amount on each had you would be even.
It should be noted that
progressive betting systems such as these fail when you
experience a win, loss, win, loss, win, loss, type of
scenario. In a case like this, you would be better off
betting an equal amount on each hand. However, this is the
risk you take in your attempt to maximize profits on streaks
of 3 wins or more. And in reality it is not as risky as
simply using basic strategy and betting an equal amount each
hand. The nature of blackjack is such that winning streaks
and losing streaks frequently occur, and that is where
progressive betting systems maximize your profits.
The Martingale System
This system, which was
invented over 200 years ago, instructs the player to double
his bet each time he loses, on the assumption that he will
eventually win and show a profit from the initial wager.
With a beginning wager of
$5.00 you would double your wager with each loss. IE: $5,
$10, $20, $40 $80, etc. After a win your wager would drop
back to $5.00. All wagers are recovered when you win a hand.
Casinos have table limits to
eliminate the effectiveness of this system. After a long
losing streak you will eventually hit the table maximum,
thus defeating the purpose of this system. Plus, a
considerable amount of bankroll is needed to make this
system work, and the payoffs simply aren't worth it. If you
started with a $5 dollar wager and lost your first four
wagers and won your fifth, (without double downs or
splitting your cards) you would be a measly 5 dollars ahead.
This is simply not worth it, and if you are losing multiple
hands in a row it is time to leave the table, not double
your wagers. Also, losing double downs or splits can deplete
your bankroll in a big hurry.
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