The other day my friend told me he was interested in trying to count cards and asked me to explain to him what sort of returns he could expect and provide some reasoning rather than trust me it works. So I tried to explain all of this to him and realized that I myself am not 100% on everything. So here is what I started to tell him and we will go from here because I am sure a lot of people could explain this a lot better. I started with explaining the fundamentals of how card counting works (more money when you have an advantage) and then explained to him how bankroll is very important and you can take a beating for a consecutive sessions and you need enough bankroll to be able to keep playing and come back from those losses. Then I showed him a real life situation simulated out with about a 20 dollar an hour win rate. I explained that over a long period of time, he would be expected to be winning 20 dollars an hour. I then went on to (attempted) to explain N0 and told him that this is the amount of rounds that it takes of play at the specified rules and spread in order to be sure that you will not be negative money. Then the questions started to come and I really couldn't answer them. He said if you need to play X amount of rounds in order to be sure you are not negative, you could be break even after that many rounds and then the 20 dollars and hour win rate would be false. He then started to ask if N0 is effected by a minimal bankroll and said I think so but could not explain that either. There has to be a good answer that I can give him to these questions right?
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Originally Posted by tjr5259
Play within your bankroll, pick your games with care and learn everything you can about the game. The winning will come. It has to. It's in the cards. -- Bryce Carlson
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