maximum bet when t/c to high
- Thread starter rimar_69
- Start date
500 dollars is not a lot of money, you shoudl be able to get more cash than that.
I would spread 0-20 if that was all the money I had though
I woudl either
not bet
bet 10
or bet 20
maybe 2x15 to be crazy
I would also realise that these bets are too small and I never woudl have drove to the casino to begin with
I would spread 0-20 if that was all the money I had though
I woudl either
not bet
bet 10
or bet 20
maybe 2x15 to be crazy
I would also realise that these bets are too small and I never woudl have drove to the casino to begin with
Honestly, you may not like this answer...
Bet 1/3 of your stack and continue to bet 1/3 of your stack until you have $2,000, then bet 1/5 of your stack until you have $4,000, then bet 1/10 of your stack until you have $6,000 then bet 1/20 of your stack until you have $10,000. Then size to full kelly from that point out until your bankroll is about $30,000 then begin gradually reducing your risk as your bankroll continues to grow from growth phase to income producing phase.
Normal measures of risk are a waste of time when the bankroll is tiny and easily replaced. When the bankroll is tiny variance is your friend...you either get a useable bankroll quickly or bust out quickly and move onto other more profitable and productive things.
The other option is to find a game other than blackjack that has a much higher advantage...or scrimp and save until you have $5,000 and can try a more realistic "Hail Mary" approach. A $500 bankroll is really useless for blackjack unless your goal is to play a $5-$15 break-even type game on low limit tables and get lots of free drinks...then it's a great entertainment value....especially at full tables.
Bet 1/3 of your stack and continue to bet 1/3 of your stack until you have $2,000, then bet 1/5 of your stack until you have $4,000, then bet 1/10 of your stack until you have $6,000 then bet 1/20 of your stack until you have $10,000. Then size to full kelly from that point out until your bankroll is about $30,000 then begin gradually reducing your risk as your bankroll continues to grow from growth phase to income producing phase.
Normal measures of risk are a waste of time when the bankroll is tiny and easily replaced. When the bankroll is tiny variance is your friend...you either get a useable bankroll quickly or bust out quickly and move onto other more profitable and productive things.
The other option is to find a game other than blackjack that has a much higher advantage...or scrimp and save until you have $5,000 and can try a more realistic "Hail Mary" approach. A $500 bankroll is really useless for blackjack unless your goal is to play a $5-$15 break-even type game on low limit tables and get lots of free drinks...then it's a great entertainment value....especially at full tables.
Reasonable Options?
You don't seem to have an understanding of the game, this should be your first concern! If you do understand the game?
If $500 is all you have and can't easily be replaced:
Play small or not at all!
If can reasonably be replaced; several times, then play to win twice your hourly ev from your job.
If you fully understand the game but still want to be reckless with this money:
If you can double and re-split to make 4 hands; wait for a TC2, then divide your bank by 9 and keep resizing as you win or lose. If you can only double and re-split to make 3 hands then divide your bank by 7. Do this until you have a kelly bank where you can make more then twice your hourly job ev. From this point don't resize bets up until you have a conservative bank perhaps 1/4 to 1/8 kelly. Then resize as you win or lose.
Overall, it appears you should not play, casinos make a lot of money off of pseudo counters.
You don't seem to have an understanding of the game, this should be your first concern! If you do understand the game?
If $500 is all you have and can't easily be replaced:
Play small or not at all!
If can reasonably be replaced; several times, then play to win twice your hourly ev from your job.
If you fully understand the game but still want to be reckless with this money:
If you can double and re-split to make 4 hands; wait for a TC2, then divide your bank by 9 and keep resizing as you win or lose. If you can only double and re-split to make 3 hands then divide your bank by 7. Do this until you have a kelly bank where you can make more then twice your hourly job ev. From this point don't resize bets up until you have a conservative bank perhaps 1/4 to 1/8 kelly. Then resize as you win or lose.
Overall, it appears you should not play, casinos make a lot of money off of pseudo counters.