Has anyone on here ever Invested on a BJ Team?
If so How much?
What Became of it?
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.
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.
Luck is nothing more than probability taken personally!
Luck is nothing more than probability taken personally!
There is no glory in practice, but without practice there is no glory . -Unknown
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.
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.
Luck is nothing more than probability taken personally!
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