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Thread: Any Acceptable Way to Reduce Variance in Blackjack and Still Play a Winning Game

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    Any Acceptable Way to Reduce Variance in Blackjack and Still Play a Winning Game

    Okay, I will admit it. I don't like to lose. I'm willing to trade off some expected value for less variance. Is this possible in the long run or is it only possible in the short run.

    I just checked my stats going back to 1990 and for any given year I have always won more sessions than I lost. The least amount of sessions won in any year was 52%. The most sessions won in a year is 100% which is this year, but not that many sessions have been played yet this year. My long term average of sessions won is just 64%. I believe I read somewhere it should be 62%. I can't remember where I read this maybe in Blackjack Attack.

    Anyway, I have done things at least in the short run to lock up a win. I will admit it I don't play like a computer. Here is an example, I recently was on an extended blackjack trip. I had wins on both the first and second day of my trip at my final destination. The wins were not impressive, but they were still wins none the less. I didn't want to give it all back on the last day of the trip so decided to play $10 min tables instead of $25 min which I mostly played on the prior two days. I can think of other things to reduce variance and at times have done them such as using a weaker spread.

    Anyway, I know these things work in the short run. I don't know about the long run. What usually happens after a winning streak, is I get a whopping loss. I'm due for that whopping loss now.
    Last edited by Midwest Player; 04-29-2018 at 12:22 PM.

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