My nice flat bet day

[smgstevo]

Hi fellas, don't come in here much. I don't count cards, but play perfect basic strategy. I've tinkered with different betting "schemas" in the past usually 2-1-2-3... but never bet flat until yesterday down in Oklahoma. I bet a flat 5 a hand and would leave the table after three lost hands in a row. The only increase in bet would be after my second loss where I increase it to 10. Was able to have three good sessions and ended up with a profit of 150 for the day. I would like to hear from other players if they have a similar method and/or advice.

Steve

[FLASH1296]

"Carpe Diem" Savor the moment
You are guaranteed to lose all of your money over the long run.
"Guaranteed" means absolute 100% certainty, not 99% !
Even if you were playing a real game of blackjack and not that
awful ripoff available in your neck of the woods where there is an "ante" paid.
If I had the opportunity I would personally deal you blackjack and rebate part of your losses;
gladly sucking up your inevitable heavy losses.

[callipygian]

Originally Posted by smgstevo

The only increase in bet would be after my second loss where I increase it to 10.

Well, then, you're not flat betting, are you?

Originally Posted by smgstevo

I would like to hear from other players if they have a similar method and/or advice.

Yeah ... if you're not counting cards, always bet as little as possible. Any bet variation is just going to increase your losses.

[Guynoire]

Originally Posted by FLASH1296

If I had the opportunity I would personally deal you blackjack and rebate part of your losses; gladly sucking up your inevitable heavy losses.

Geez, you're being awfully harsh on a basic strategy player. If he's only betting $5 or $10 a hand then his expected loss per hour is something like $3. That's comparable to a movie or some other form of entertainment.

[smgstevo]

Originally Posted by FLASH1296

"Carpe Diem" Savor the moment
You are guaranteed to lose all of your money over the long run.
"Guaranteed" means absolute 100% certainty, not 99% !
Even if you were playing a real game of blackjack and not that
awful ripoff available in your neck of the woods where there is an "ante" paid.
If I had the opportunity I would personally deal you blackjack and rebate part of your losses;
gladly sucking up your inevitable heavy losses.

You know, you could have had a V8 ?

[sagefr0g]

Originally Posted by Guynoire

Geez, you're being awfully harsh on a basic strategy player. If he's only betting $5 or $10 a hand then his expected loss per hour is something like $3. That's comparable to a movie or some other form of entertainment.

yeah, it's an interesting point and one not just global for advantage players or rec players. exuberarnce over what works or doesn't gets the idea of what a good approach is or isn't but at the same time maybe it's a good idea to not allow all of that to become the chains that bind sort of thing. lemmings are apparently successful biological creatures but sometimes they carry that success right over steep cliiffs to a watery demise below, lol.
and yeah the ante and the lock step bet variation smgstevo is using with just basic strategy does point to some eventual unpleasant consequence. i'd like to see smgstevo free that bet variation thing up towards an idea of understanding when advantage and disadvantage presents to where he can make value decisions about those bets. just being aware of the ratio of high cards to low cards and what that means as far as raising or lowering bets sort of thing.
but yeah it's good smgstevo beat the price of a movie and with luck he could be up some, cut his bets to really flat betting and watch more 'free movie's' for a good long while sort of thing.

[Blue Efficacy]

Originally Posted by FLASH1296

"Carpe Diem" Savor the moment
You are guaranteed to lose all of your money over the long run.
"Guaranteed" means absolute 100% certainty, not 99% !
Even if you were playing a real game of blackjack and not that
awful ripoff available in your neck of the woods where there is an "ante" paid.
If I had the opportunity I would personally deal you blackjack and rebate part of your losses;
gladly sucking up your inevitable heavy losses.

Lets be honest, how long is it going to take a casual basic strategy player to reach the long run?

[callipygian]

Originally Posted by Blue Efficacy

Lets be honest, how long is it going to take a casual basic strategy player to reach the long run?

Not as long as you might think. The variance is pretty low for BS play (1.15 units), so it'll take shorter for a BS player to reach the long run on -0.5% EV than it will for a card counter to reach the long run on +0.5% EV.

[smgstevo]

Tips for non counters, particularly on betting and when to and not to sit at a table would be good for me. I am aware of the long term house edge.

[sagefr0g]

Originally Posted by callipygian

Not as long as you might think. The variance is pretty low for BS play (1.15 units), so it'll take shorter for a BS player to reach the long run on -0.5% EV than it will for a card counter to reach the long run on +0.5% EV.

how does one figure N0 for just a flat betting BS player anyway? when i set up a flat better in CVCX it doesn't show values for N0 as far as i can see.
i'm guessing it's around 70,000 rounds or so for a 'typical' six deck game?