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Thread: $1000 bankroll?

  1. #27
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    Quote Originally Posted by seriousplayer View Post
    I believe that it is possible to grow your bankroll with $1000. One thing you will have to keep in mind is make sure you keep 100 max bet as a bankroll. I have been search all over the United State on low limit blackjack games and at the same time how to make money on low limit blackjack. It is possible to be done but very hard.

    With $1000 bankroll keep in mind that you can bet more than $10 in max bet. So you will have to play the single and double deck games with the best rules and penetration. You will have to play at $2-$3 limit table starting out with single deck blackjack. In the US there are not a lot of favorable single deck blackjack games. With 1-4 bet spread at a $2 table it will be $8 max bet. To get a 5% ROR will need to keep 100 max bet as a bankroll (depending on the penetration) which will make it $800.

    Also remember that playing at a $2 table the EV will not be high.

    Hope this helps.
    $2 single and double deck blackjack tables with the best rules and penetration? Max bet of $8? Is it 1970?

  2. #28
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    Cool

    Quote Originally Posted by AussiePlayer View Post
    No, $10,000 is a small bankroll. $1,000 is not a bankroll at all.
    You must be joking! I have been playing blackjack for 32 years and all I need is $500. Playing $5 - $1,000 table. Of course, It's a small time play using my betting strat. But, in the long run, Winning $50 a day or more tax free plus a complimentary rooms, cocktails, buffet, etc. will keep you coming back. But, It's hard to control our emotions and this is casino main attractions to separate the fools from their money. Open a private vault safe deposit boxes that are not associated with a bank account and do not constitute a “financial account,” they are not FBAR reportable.

  3. #29
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    Quote Originally Posted by MannyOlaer View Post
    You must be joking! I have been playing blackjack for 32 years and all I need is $500. Playing $5 - $1,000 table. Of course, It's a small time play using my betting strat. But, in the long run, Winning $50 a day or more tax free plus a complimentary rooms, cocktails, buffet, etc. will keep you coming back. But, It's hard to control our emotions and this is casino main attractions to separate the fools from their money. Open a private vault safe deposit boxes that are not associated with a bank account and do not constitute a “financial account,” they are not FBAR reportable.
    For the record, it is not tax free winnings. You are supposed to pay taxes on it.
    Last edited by KJ; 08-14-2012 at 01:33 PM.

  4. #30
    Senior Member Coyote's Avatar
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    Quote Originally Posted by KJ View Post
    For the record, it is not tax free winnings. You are supposed to pay taxes on it.
    Right you are KJ.
    That is why you should keep accurate records and log your wins and losses in case of an audit.
    Life is short so hit it hard!

  5. #31
    Senior Member Tom's Avatar
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    Quote Originally Posted by MannyOlaer View Post
    Open a private vault safe deposit boxes that are not associated with a bank account and do not constitute a “financial account,” they are not FBAR reportable.
    So....let me get this straight......somebody who was tasked to catch the "bad guys" is now suggesting players intentionally evade taxes?
    ~Tom (aka "PT")

    For sale: BlackjackLab

  6. #32
    Random number herder Norm's Avatar
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    Quote Originally Posted by Tom View Post
    So....let me get this straight......somebody who was tasked to catch the "bad guys" is now suggesting players intentionally evade taxes?
    Almost made the same post. Waited for someone else.

    This site is about advantage play. Not cheating or violation of laws.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

  7. #33
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    User is banned, content deleted.

  8. #34


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    Though we don't like to believe it, $1000 BR isn't enough to be able to continue playing blackjack 24/7, since you'll eventually hit that really bad down-swing and lose it all.

    But that isn't to say that you won't win. You'll still be winning money as well as losing money, and if you're only playing on occasion (few hours a week), your BR will last longer. You can still play "with an advantage" recreationally. But in the long run, chances are you'll lose that BR.


    Play BJ with money that you absolutely do not need. Play for fun. Ask yourself "If I lost my entire BR, would I suffer with paying bills, foods, etc.?". You can't get good at something if you don't practice it. So you may as well lose $1000 over the next few weeks/months while getting good practice in, so that once you can get a hefty bankroll, you'll know that you won't be making any mistakes (as opposed to finally getting that large bankroll and being a nooby at BJ / not being proficient at counting).

  9. #35


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    Quote Originally Posted by MannyOlaer View Post
    Open a private vault safe deposit boxes that are not associated with a bank account and do not constitute a “financial account,” they are not FBAR reportable.
    Not only do you know nothing about blackjack, but you're now advocating the use of a private vault company who was practically put out of business after a huge robbery that would have been massive news in Las Vegas! Do you even live in Las Vegas?

  10. #36
    Senior Member happyjack21's Avatar
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    back on topic...
    I took a break from the game because I couldn't put together a dedicated 1000 bankroll, due to unplanned family expenses.
    So I ordered BJA 3rd edition and more books I've needed to read to improve. Taking a break totally stunk for my skill set. So I'm beginning to drill again in the attempts of putting it all back together. I just plan to play part-time maybe a half dozen trips a year when I am better funded.
    Anyone have thoughts on replenisable BR vs. a fixed BR? The two seem like such different animals.

  11. #37
    Senior Member Coyote's Avatar
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    happyjack21,

    If I were you, I would set up a budget with a portion dedicated to your blackjack play. Make sure all your winnings go back into your bankroll. With a small bankroll, you will definitely be relying on replenishing that bank.
    Life is short so hit it hard!

  12. #38


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    Quote Originally Posted by Anton Chigurh View Post
    You're toast. No chance. You will lose it all.

    It would be better to take $20 of that money and buy your first blackjack book.
    You don't gotta be such an ass

  13. #39


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    What if you'll have 1k every month. But 1k is all u can spend a month. What would be the bet spread? And if I'm just wonging in then what should my My Bet Be as I Sit Down On a TC +3 RC +14 ???

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