I had 5 BJ's in one shoe (unfortunately none of them at + TC's) but this other guy who was playing with me did something I've never seen before. In just ONE shoe, he turned $300 into $3200, no joke. It was the most unreal thing I've ever seen as even when the count tanked towards the end of the shoe, he was still pulling 20's with two face cards.
Most impressive win I've ever seen at the table
- Thread starter Thunder
- Start date
These things are not hard to do for progressive style bettors. As an example, just use a 1-2-3-5-8 positive progression starting with a $200 bet and win five hands in a row without any doubles or splits. $200 quickly becomes $3800. Yet if you lose five in a row, it'll cost you only $1000.
Problem is, after you go thru all 32 possible W/L sequences, you'll break even -- if you win half your overall bets -- which you can't do long term!
I'm not saying the player you mentioned had to be playing a set progression. Merely raising your bets after a win and during a streak has the same effect. And this is what most players do.
Another grim fact (and the big equalizer) that eludes the awareness of most progressive bettors is that when they go thru a shoe winning exactly half their bets with no significant streaks, they lose money. It's an intrinsic component of progressive betting. For example, a sequence of W-L-W-L-W-L-W-L buries you.
In the end, the progression (any progression) cancels itself out perfectly and you're left with the house edge.
Problem is, after you go thru all 32 possible W/L sequences, you'll break even -- if you win half your overall bets -- which you can't do long term!
I'm not saying the player you mentioned had to be playing a set progression. Merely raising your bets after a win and during a streak has the same effect. And this is what most players do.
Another grim fact (and the big equalizer) that eludes the awareness of most progressive bettors is that when they go thru a shoe winning exactly half their bets with no significant streaks, they lose money. It's an intrinsic component of progressive betting. For example, a sequence of W-L-W-L-W-L-W-L buries you.
In the end, the progression (any progression) cancels itself out perfectly and you're left with the house edge.
0.5 million bucks in winnings
No bullshitting here. A Borgata dealer had dumpped 0.5 million bucks within an hour. That dealer had been busted 30 times and gave out $500,000 to an Asian guy seated on the Anchor. When the anchorman quit while he's ahead, he refused to take cash home alone, so Borgata had to cut him a $500,000 check. I hope he pays his fair shares of taxes. :grin:
No bullshitting here. A Borgata dealer had dumpped 0.5 million bucks within an hour. That dealer had been busted 30 times and gave out $500,000 to an Asian guy seated on the Anchor. When the anchorman quit while he's ahead, he refused to take cash home alone, so Borgata had to cut him a $500,000 check. I hope he pays his fair shares of taxes. :grin:
Renzey
I believe for an AP to be left out of these situations is a major mistake, these streaks. I believe that this is alot like a skilled VP player, he needs the Royal to come out ahead, we need to ride the free streaks and not ignore them. A mild positive progression will give great cover and still allow an AP to take advantage of these streaks as well as betting... playing... with the count on top of this strategy.
CP
I believe for an AP to be left out of these situations is a major mistake, these streaks. I believe that this is alot like a skilled VP player, he needs the Royal to come out ahead, we need to ride the free streaks and not ignore them. A mild positive progression will give great cover and still allow an AP to take advantage of these streaks as well as betting... playing... with the count on top of this strategy.
CP
That appearing to be betting somewhat progressively may buy some cover, I won't argue. But suggesting that it will improve your percentage EV one iota, I take exception. The progressive part of your bets (those parts that were adjusted due to the last outcome) will get cancelled out. It merely de-optimizes the efficiency of your bet sizing.
Notice that you'll always remember those wonderful streaks and how your chips multiplied thru them. You won't remember all the much more plentiful "chops" where you: win 1-lose 1-win 2-lose 2-win 1-lose 2-win 2-lose 1, etc, etc. These chops whittle away at the progressive part of your bets, even when you have won as many bets as you lost.
Try any positive betting progression you like on the following sequence which contains 5 wins and 5 losses:
W-L-W-W-L-L-W-L-L-W
Notice that you'll always remember those wonderful streaks and how your chips multiplied thru them. You won't remember all the much more plentiful "chops" where you: win 1-lose 1-win 2-lose 2-win 1-lose 2-win 2-lose 1, etc, etc. These chops whittle away at the progressive part of your bets, even when you have won as many bets as you lost.
Try any positive betting progression you like on the following sequence which contains 5 wins and 5 losses:
W-L-W-W-L-L-W-L-L-W
Regular losses can easily stop
Long ago - before I paid for a card counting course - I played just like all the other idjits... off the seat of my pants, trying to win each and every hand, all using an ad hoc variant version of basic strategy that was suited to my hot addiction at the time. So, two times (out of perhaps four or fourteen hundred times) I managed to somehow turn $50 into +$4000. My selective memory only remembered those two times and I was driven, much like Pavlov's dog was.
That was, until my cc instructor turned the lights on so to speak. Nowadays, I walk the main floor sometimes and look... there I am (from long ago) still - in my thousands - attempting the impossible, to win big from a relative small stake here and now. As soon as I wised up, the mostly-constant losses amazingly, stopped. Hooray!
Long ago - before I paid for a card counting course - I played just like all the other idjits... off the seat of my pants, trying to win each and every hand, all using an ad hoc variant version of basic strategy that was suited to my hot addiction at the time. So, two times (out of perhaps four or fourteen hundred times) I managed to somehow turn $50 into +$4000. My selective memory only remembered those two times and I was driven, much like Pavlov's dog was.
That was, until my cc instructor turned the lights on so to speak. Nowadays, I walk the main floor sometimes and look... there I am (from long ago) still - in my thousands - attempting the impossible, to win big from a relative small stake here and now. As soon as I wised up, the mostly-constant losses amazingly, stopped. Hooray!
Renzey
I understand what you are saying and I do respect it, but I heartily stand by my belief that it is great cover and let you win in those time, very often, when you are winning many hands in the neg counts, which are very often. I am talking mild here, and then back after a loss, cheapest cover you can have and you could very well win some good money...it sure works for me, has has for many years. There is nothing more foolish than a counter flat betting when the table is winning hand after hand and then raising in the pos and losing, losing,,,utterly foolish, a counter needs to be along on those great negative rides at such a very low cost.
Thanks,
CP
I understand what you are saying and I do respect it, but I heartily stand by my belief that it is great cover and let you win in those time, very often, when you are winning many hands in the neg counts, which are very often. I am talking mild here, and then back after a loss, cheapest cover you can have and you could very well win some good money...it sure works for me, has has for many years. There is nothing more foolish than a counter flat betting when the table is winning hand after hand and then raising in the pos and losing, losing,,,utterly foolish, a counter needs to be along on those great negative rides at such a very low cost.
Thanks,
CP
Sorry CP, but this is utter hobbledie hoy. If you were going to win just because the rest of the table were winning, blackjack would be a very easy game to beat. Just because the count has plummeted for the last two rounds does not suggest in any fashion that it will keep going down. Streaks are non-predictable until after they occur. There seems to be a good amount of gambler's instinct involved in what you have just said.....
RJT.
RJT.
I understood his comment to mean it would be obvious to flat bet a series of winning hands particularly if the table was doing well also and certainly if one increases bets following wins in positive counts. If so, I think he's right apart, perhaps, from someone with a particularly good wild and crazy bettor act.
The $5,000.00 shoe
This is true story....I've told it before, but it's worth telling again.
It was early Sunday morning...we were driving out of Atlantic City on our way back to Maryland. We had stayed at Bally's and I had pretty much broke even for the trip. We had never been in the Trump casino, so we decided to stop just to see it.
The blackjack pit was empty...one table open with a female dealer, and a female pit person. I bought $300.00 in green chips, and played my normal $50.00 basic bet Fibonocci sequence system. After exactly one shoe, my wife came back from the slots and said "let's go". I colored up and took exactly $5000.00 worth of chips to the cashier.
I don't remember anything outstanding about the cards, but I remember the dealer remarking to the pit gal,"I've never seen anything like that before".
This is true story....I've told it before, but it's worth telling again.
It was early Sunday morning...we were driving out of Atlantic City on our way back to Maryland. We had stayed at Bally's and I had pretty much broke even for the trip. We had never been in the Trump casino, so we decided to stop just to see it.
The blackjack pit was empty...one table open with a female dealer, and a female pit person. I bought $300.00 in green chips, and played my normal $50.00 basic bet Fibonocci sequence system. After exactly one shoe, my wife came back from the slots and said "let's go". I colored up and took exactly $5000.00 worth of chips to the cashier.
I don't remember anything outstanding about the cards, but I remember the dealer remarking to the pit gal,"I've never seen anything like that before".
