How to Invest In BJ Team?

[BlackAce]

Has anyone on here ever Invested on a BJ Team?
If so How much?
What Became of it?

[Bigdaddy]

I don't know much about BJ teams, but I do know a bit about business in general. Rule Number 1 - EVERYBODY STEALS! Rule #2 - People in general would rather make a dishonest $5 than an honest $10. How do you like the BJ team-business proposition so far?

[Jabberwocky]

I don't know much about BJ teams, but I do know a bit about business in general. Rule Number 1 - EVERYBODY STEALS! Rule #2 - People in general would rather make a dishonest $5 than an honest $10. How do you like the BJ team-business proposition so far?

You could have yourself cloned and if any of your replicas steals, they'll only be stealing from themselves.

[ZenMaster_Flash]

I did it last a couple of years ago.

We had $2,000,000 in cash with us.

Each share was $100,000 but that

is an over-simplification as there were

investors, players, and investor-players.

More than one share could be held.

Several famous A.P.'s were involved

All players had to use an advanced count.

I'll not go into any details at all.

I will say that I would never do it again.

I have ethical problems with the most team plays.

[Jabberwocky]

I think it more effective to commandeer an entire table with team members. That way everything is above board.

[Freightman]

I think it more effective to commandeer an entire table with team members. That way everything is above board.

All team members at the same table kinda sorta defeats the purpose of the team - don't ya think.

[Stealth]

I don't know much about BJ teams, but I do know a bit about business in general. Rule Number 1 - EVERYBODY STEALS! Rule #2 - People in general would rather make a dishonest $5 than an honest $10. How do you like the BJ team-business proposition so far?

This is a condemnation of mankind that is blatantly wrong. I have a lot of experience with both teams and business. Our team results were very positive over the life of the team.

1. It is not true that everybody steals.

2. Teams are inherently complex and you should not get involved without competent management and a solid set of defined policies and procedures. There are many, many slippery slopes to be confronted.

3. Player integrity is very important bu there are management techniques to control the exposure.

[Bigdaddy]

This is a condemnation of mankind that is blatantly wrong. I have a lot of experience with both teams and business. Our team results were very positive over the life of the team.

1. It is not true that everybody steals.

2. Teams are inherently complex and you should not get involved without competent management and a solid set of defined policies and procedures. There are many, many slippery slopes to be confronted.

3. Player integrity is very important bu there are management techniques to control the exposure.

Yes Stealth - I was exaggerating a bit, having been worn down and biased by many years of employee theft in our family's business. I do recognize that you have much experience with team play and I agree with your post.

Thanks

[Stealth]

Has anyone on here ever Invested on a BJ Team?
If so How much?
What Became of it?

Yes.

Mid Five figures

Team grew both by blackjack and other AP plays. Team made money.

Ran team for two years stopped for health reasons, team re-organized into smaller groups or became lone wolfs.

[Orangechip2]

All team members at the same table kinda sorta defeats the purpose of the team - don't ya think.

Not at all; There is wayyyyy less variance involved when you have 1-3 teammates at the same table firing maxbets . I'm sure you knew that though .

[Freightman]

Not at all; There is wayyyyy less variance involved when you have 1-3 teammates at the same table firing maxbets . I'm sure you knew that though .

Not what I'm getting at

[blueman]

Not at all; There is wayyyyy less variance involved when you have 1-3 teammates at the same table firing maxbets . I'm sure you knew that though .

Everyone at the same table? I'd much prefer 3 players at separate tables than at the same table. If you want every hand played, then just play every hand. Not to mention the attention you all would be getting, everyone scaling their bets the same, everyone taping insurance at once, everyone wonging out when the count goes bad... plus I think 3 players playing 2 hands each at separate tables makes for less variance than at the same table anyway.

[Stealth]

plus I think 3 players playing 2 hands each at separate tables makes for less variance than at the same table anyway.

Co-Variance.JPG

This does not apply to playing at multiple tables.

To calculate the variance for multiple tables is:

sum(variance) for each table with the combined standard deviation being the square root of that sum.