Theoretical win rate according to "Play Blackjack Like the Pros".
MountainMan said:
I'm curious what other members feel is their expected hourly win rate when playing their typical blackjack game. What I'm looking for here is not the actual hourly results, but the theoretical expected outcome based on the house rules, playing strategy, betting stategy, etc. Anyone care to do a survey?
Level 1 system: $15 to $30 per hour. (Hi Lo, Hi Opt I)
Level 2 system: $21 to $44 per hour. (Hi Opt II, Omega II)
This assumes the following proper spreads:
Single deck (4x): $20 to $80
Double deck (8x): $10 to $80
Six deck (16x or 20x): $5 to $80/$100
Eight deck (20x): $5 to $100
And the needed bankroll is $10,000 to cover negative variance.
In reality, the most common game is eight deck with $10 minimal. That means
a counter using Hi Lo needs $20,000 bankroll. Spread $10 to $200. And the expected earnings rate is $30 per hour for bad penetration and $60 for good penetration. If he or she could improve to level 2 counting system, he or she could earn $42 to $88 per hour.
I urge people to play against computer first before going to casino. Normally you can play 80 to 100 hand in one hour at casino. After playing 10,000 hands (equivalent to 100 casino hours) against the computer, if your total winning is above $3,000 (betting $10 to $200 a hand, set your program parameters accordingly), You are ready to go.