After reading here as I learn more about counting, you all will probably say something like $100,000! lol. Seriously, with perfect play, what's the average needed?
Depending on the rules, penetration, back counting and wonging etc, a good estimate would be 35 to 40,000 without too high of a risk of ruin.
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
This is from page 159, Blackjack For Blood. What Bryce recommended:
You have bankroll $2000. You learned Advanced Omega II and mastered it. You find a typical double deck game. You spread $10 to $40.
Your risk of ruin is 15.6%. That means, your chance of winning indefinitely or forever is 84.4%. The average hour gain is $18. In case that your $2000 bankroll is wiped out, it is really no big deal. You just save money from your regular job. When you have the new bankroll $2000, you can start it again.
To suit your need, the scheme is modified to:
You have $6000 bankroll. You spread $40 to $160 on a typical double deck game. You will win $54 a hour in average. The chance you will play forever is 84.4%. There is a 15.6% of the chance your BR would be wiped out.
Shoe game requires bigger spread thus max bet is higher. You need to spread $40 to $600 and have $24000 bankroll to have 15.6% RoR and earning $54 per hour.
OP, it comes down to a lot of different factors. One of which is desired or acceptable risk. Also remember you're not making a steady $50/hour flat. There are huge swings in the game [relative to your hourly expectation].
What kind of game, rules, penetration, and acceptable risk are you looking at?
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
Too many unanswered questions, to do anything but guess. ZM_Flash is correct, in my mind the OP is talking about generating EV of $50/hr. BR to safely do so, will be very different for different games, mainly DD vs 6d. But what I think we can all agree on is $6000 is not such a number for any circumstance now, in today's world with today's games. That is just not going to happen.
I am going to go out on a limb and assume (and we all know about assume), that the OP is interested in supporting himself and he has concluded that $50/hr is the level he needs to do so. If that is the case, they you have to consider if there really is enough decent DD games around to allow you to do this and if you will be allowed to play them at any kind of reasonable spread. I, personally can't get down the spread Midwest player mentioned at DD, at least not for long. I suspect the answer is no to both questions, so then you have to look at incorporating much 6d play at various conditions and we are talking a higher BR number.
Without running any kind of computer software, just off of the top of my head, I would answer $40K, minimum, 50K better, placing emphasis on minimal RoR. Maybe as low as $30K if you accept more risk.
Last edited by KJ; 07-02-2015 at 11:19 AM.
VERY incomplete statement! In what regard is BJG correct...that this is what Carlson said, or are you too endorsing the notion that $6000 is all that's needed to generate $50 EV on a consistent basis via card counting in 2015.
You are a smart man and think you too should be able to read between the lines and see what this question is likely really asking. Please don't tell me that you are endorsing the notion that a player in 2015 can start with a bankroll of $6000 and earn EV of $50/hr counting cards on a regular basis.
btw...BJG arrived at this $6000 figure by quadrupling Bryce's the spread from $10-40 to $40-160, while only tripling Bryce's $2000 bankroll figure. It's actually a little confusing as to how he arrived at that.
Last edited by KJ; 07-02-2015 at 12:59 PM.
Depends on conditions, rules, spread and penetration. But then you would get into can you really play this game and spread what's necessary for any amount of time to make this amount consistently and for any length of time?
Again at this point we don't even know if the OP has any DD available to him and or if he is talking about playing a few hours on a weekend generating $50/hr EV or playing fulltime generating $50/hr EV. These are big unanswered questions, which means we are all, myself included just speculating at the moment.
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