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Thread: At what point do you cash out?

  1. #53


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    Quote Originally Posted by therefinery View Post
    Not idealistic. OP cares about blackjack. No one here cares about blackjack unless it has an advantage. Hence, AP community.
    I was too idealistic to think that there was any kind of community here...
    By the way I don't know what kind of game you play but I've never heard of a game called "advantage".
    And I play BJ with advantage.

    Sent from my SM-J730F using Tapatalk

  2. #54


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    Quote Originally Posted by Philster View Post
    Conte, are you saying that you would walk away after winning £20 (4 x $5 min bet) ??
    Sorry being late. A lot of sport punting was going on in a month's time.

    I put up a conservative figure in my post for one table. as I said I hop from table to table, 5 tables a day or so.

    I can see nobody deterred you from playing on blackjack--bad edge and all. Am I right? there are more sports and horse punters in Britain than bj players. Those two forms of gambling have negative edges larger than in bj. Sports betting is -10% at best. Still there punters who win quite a bit consistently. A guy won millions in 2017 betting on World Series (baseball). a few months mater he made millions again betting on Super bowl 2018.

    Lets say you play a bj game as bad as sports -10%. If you play 100 hands (hands not hours) you expect to win between 30 and 60 hands. the probability is 99%. So you'll have swings. Like they say gambling is win some, lose some. When I see I am winning I jump to another table or leave the casino altogether.

    I mention the size of the BR again. I must have enough to go thru at least 100 hands (not hours, time got nothing to do with probability). Many so-called APs lose quite a bit because don’t have a sufficient BR. And they don’t leave when they see they’re winning. Maybe the more APs play the more they can win; but also the more they can lose.

    Cheers.

  3. #55


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    Quote Originally Posted by conte543 View Post
    Sports betting is -10% at best
    To be a break even sports better you must win 52.38% of the time (at -110)



    Quote Originally Posted by conte543 View Post
    Lets say you play a bj game as bad as sports -10%
    You would have to be a very bad blackjack player to give up 10%
    Even a "Mimic the dealer" strategy is about 5.5% for the house.
    A "No Bust" Strategy is just under 4% for the house.
    Bill Zender did a study of 7,585 hands played at 7 different locations. The average error increased the house advantage by just .83%.
    However, it would not be impossible to give the house an edge of over 10%, but these players are few and far between.

    It brings up an interesting point. Are there more Blackjack card counters or advantage sports betters?
    I'm not sure, just a guess would say its about even.
    What does everyone else think?
    Last edited by BankerCA; 04-09-2019 at 11:59 AM.

  4. #56


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    Quote Originally Posted by therefinery View Post
    Well now you're stumbling into areas where people here can help you!If you're the only person at the table, how can the dealer go too fast? Think about it. Take as much time as you want, don't get pressured into making any decisions, and if the dealer makes a decision for you because it is "obvious", sternly tell her "do not play my hand for me."Advantage players do need to slow games down from time to time. Take all the time you need and don't let the dealer push you around. That said, you might enjoy being at a different table but don't get the mistaken impression a dealer can make YOU go too fast. But I have to ask: now that you know advantage blackjack exists (and I'll assume you know it's not some crazy intellectual endeavor since I assume you read some posts here), how can you just go back into the Matrix and play a losing game? Once I learned about advantage play that was it for me.
    Ok, in my endeavour to know all I can about BJ, I am willing to learn a counting system just to help me have a different insight into the game. I'm thinking about the Hi-Lo system. What do you think? Will it work with CSMs withy several decks?

  5. #57


    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by Philster View Post
    Ok, in my endeavour to know all I can about BJ, I am willing to learn a counting system just to help me have a different insight into the game. I'm thinking about the Hi-Lo system. What do you think? Will it work with CSMs withy several decks?
    Hilo is great. You would be well advised to simply pick Hilo and not consider any other counts at this time.

    A CSM, or continuous shuffle machine, cannot be effectively counted. Do not confuse this with an ASM, or automatic shuffle machine, which simply does the dealers job. The game you play needs to be hand shuffled or automatic shuffled (ASM).

    Don't get distracted by any noise from this point on. The rest is just noise. Hilo and you need an ASM or hand shuffled game. Done.

  6. #58


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    And good work. Nice first step.

  7. #59


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    Thx, Therefinery : - )

  8. #60


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    If you can't convert RC to TC, how do you convert your TC to your proper bet?
    I mean - I'm about one more dead brain cell away from having my own parking space, but this is super basic math. "There's 3 decks left, my RC is 8, so my TC is two-somethingorother", The "something or other" is (generally) irrelevant at this stage in your adventure.

  9. #61


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    Quote Originally Posted by Wave View Post
    If you find converting a RC to a TC too difficult, the different versions of KO and REKO are good alternatives and have varying levels of complexity, which IMO makes them perfect for beginning players.
    Thanks for being the reason why I said ignore the noise. This is noise.

  10. #62


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    Quote Originally Posted by Wave View Post
    Since when is a suggestion to a new player of easier, but still effective, counts noise? I'm sure Norm does not think a count developed by him is noise. Stop hating on RCs and TC snobbery.
    It's noise because he picked a valid count already but you want to start a count debate (like so many others). If it were snobbery, I would have suggested he use my count. I use FELT. If only I could remember who created it.

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