Hi, I'm a new player

#1
HI everyone, I'm a new player and I've had some luck using basic strategy at Mohegan Sun in CT. I usually play $5 min/6 deck shoe. I've made three trips to the casino and I've won about $480 dollars. However, on my last trip I lost about $160 (I just couldn't win a hand).

I was wondering what kind of money management system would be the most profitable for me. I use a CLB method of betting, and it works to some degree, I was just wondering what the pros would suggest.

Also, I'm not a card counter, I have no skill at it by I do know basic strategy.

Thanks.
 

johndoe

Well-Known Member
#2
None of them will ever be "profitable", the best you can do is minimize your losses. Just stick to the $5 table, correct BS, and play as slowly as possible. The less you play the less you'll lose. That's really all there is to it.
 

FLASH1296

Well-Known Member
#4
What you have experienced thus far is nothing more than luck.
As time goes by you will experience less wins and more losses.
There is hardly a doubt as you are playing at a disadvantage of
about .33%
 

SleightOfHand

Well-Known Member
#5
The most "profitable" system would be to not play at all. Unless you are counting or utilizing some other advantage play technique, you are playing at a disadvantage, making 0 the best way to go.

Assuming that is not an option, follow johndoe's advice. Play low and slow. Dont play continuous shuffle machines (or automatic shuffle machines if possible), look for slow dealers and full tables, and try some comp hoarding to maximize comps.

PS: also look for dealers that put the cut card as close to the TOP of the deck, giving more shuffle time
 

nottooshabby

Well-Known Member
#6
FLASH1296 said:
What in blazes does "CLB" mean ?
CLB=current loss balance strategy. I've only heard about this method once in passing and at the risk of completely hacking it's definition, I believe it entails increasing, then lowering your bets during a winning streak and raising them (slightly) on a losing streak (negative progression). I'm sure the OP can provide a better explanation, sorry :rolleyes:
 

johndoe

Well-Known Member
#7
nottooshabby said:
CLB=current loss balance strategy. I've only heard about this method once in passing and at the risk of completely hacking it's definition, I believe it entails increasing, then lowering your bets during a winning streak and raising them (slightly) on a losing streak (negative progression). I'm sure the OP can provide a better explanation, sorry :rolleyes:
Figures. The OP needs to realize that this type of strategy will NEVER work, and is 100% bunk.
 
#8
Mad Mally said:
HI everyone, I'm a new player and I've had some luck using basic strategy at Mohegan Sun in CT. I usually play $5 min/6 deck shoe. I've made three trips to the casino and I've won about $480 dollars. However, on my last trip I lost about $160 (I just couldn't win a hand).

I was wondering what kind of money management system would be the most profitable for me. I use a CLB method of betting, and it works to some degree, I was just wondering what the pros would suggest.

Also, I'm not a card counter, I have no skill at it by I do know basic strategy.

Thanks.

The CLB method is kind of like the martingale and is dangerous. I assume you read the book "betting on blackjack"

I've been using "oscars grind" and having pretty good success. OG would work great for you at the 5 dollar tables. Arnold Snyders web site has a small article on it.
 

SleightOfHand

Well-Known Member
#9
chitown said:
The CLB method is kind of like the martingale and is dangerous. I assume you read the book "betting on blackjack"

I've been using "oscars grind" and having pretty good success. OG would work great for you at the 5 dollar tables. Arnold Snyders web site has a small article on it.
OG is probably one of the best progression systems out there, as there is a small chance of the negative outcome occuring. However, still know that OG is still a negative EV strategy.
 

sagefr0g

Well-Known Member
#10
Quote:
Originally Posted by nottooshabby View Post
CLB=current loss balance strategy. I've only heard about this method once in passing and at the risk of completely hacking it's definition, I believe it entails increasing, then lowering your bets during a winning streak and raising them (slightly) on a losing streak (negative progression). I'm sure the OP can provide a better explanation, sorry
johndoe said:
Figures. The OP needs to realize that this type of strategy will NEVER work, and is 100% bunk.
i could be full of it, but from what i've been researching there could be something to clb. a very small, subtle, perhaps not fully understood something, lol.
well, actually i don't even know what clb is, except from what i just read in this thread. never heard of it before, lol.
but anyway, perhaps from the perspective of a part of the situational betting sort of stuff that Dubey studied this stuff may have a grain of validity.
http://www.blackjackinfo.com/bb/showpost.php?p=134835&postcount=44
like for instance looking at the chart, which is for a single deck game there may be a minuscule advantage after certain types of loss's, and after certain types of wins.
Dubey also writes about a min max sort of betting in conjunction with the situation of wins and loss's and one additional situation. the idea being you have some min bet, and some max bet, then after all loss's and four card hands (hands between you and the dealer) you bet the table minimum. otherwise bet your maximum bet.
 

johndoe

Well-Known Member
#11
From what little I could find online, it sounds like nothing more than another bet-your-loss style strategy, but with more complexity. We all know that these do not ever work.
 
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