Part Time Blackjack - Taking the Leap?

Morphy

Well-Known Member
#1
This post is more directed for the experienced ap, but if it helps the new people like myself then I'll be happy.
Some of the regulars may know from my posts that I am a new player. I have been practicing hi low since Aug of last year. The last weekend of Jan 2017 was my first time ever playing blackjack in the casino. March will be my 8th month of consistent Blackjack practice.
My ultimate goal is to be a part time player. I have no delusional dreams of quitting my job and playing professional full time. I would like to only supplement my income. Right now I am a play all red chipper and when the minimums are higher then 10, I am a +2 wonger.
Bet spread is as follows
TC - Bet
1 5
2 10
3 20
4 30
5 2 hands of $30 or 1 hand of $40 if crowded.
The spread is something I lifted from BJAIII

I use Rick Blain's guidelines to shape my part time play which is leave if
you have played over an hour
double your session bankroll
lose half your session bankroll

Right now I am playing at 2 local stores at least once a week, sometimes twice at each one.

My plan for 2017 is to continue to red chip and track my progress. Seems conservative but safe. The idea I stole from KJ as he said that is how his brother got started. My bankroll is there with the potential to make a substantial hourly part time rate but because I am so new I am sticking to small stakes. During this time I am looking to iron out my play to make sure I am perfect. I do seem to notice the other players at the table constantly making BS errors. So since I notice this I assume that I would catch my own?

So finally my questions,

besides betting and BS (deviations as well) errors what else am I looking for that says "no you're not ready" or "Yes its time" To play with my full BR. How do you know?
 

Meistro

Well-Known Member
#2
Playing with a liberal S17, LS, DAS, DA2 rule set you should be wonging in at TC +1 as you will have a nice edge there.

One thing you could do is record a half hour or hour session of play at home and the post the video. We could review your play for any errors.

While the one hour time limit is sound for longevity you should probably ditch the win and loss limits because these simply inhibit the number of rounds you can play, which costs you long term profit.

I guess the next step is to start playing more often. Get some more experience and hopefully win some more money. You'll also want to start scouting for other places to play.
 

KewlJ

Well-Known Member
#3
Sounds like a reasonable plan to me. Despite that I play blackjack for a living, I have come to the conclusion that blackjack works best as a part-time gig or 'supplemental income' thing for someone with a primary income of a job or retirement. Kind of a "don't put all your eggs in one basket" thing. Playing part-time also allows you to take a break....to just stop playing for a while if you hit a really rough patch. Just take a break for as long as you like and re-group. As a professional player, I don't have that option. We just have to power through. Being able to take a break and re-group would be a much less stressful way to go.
 

Talmadge

Well-Known Member
#4
Hi Morphy, i have been following your posts and it looks like you are on the right track. Sticking to red chips sounds like a good idea while you are getting experience even though your bankroll can handle higher limits. I also am a newer player. I have been practicing for a while now but havent counted in any casino's yet as my country has mainly CSM's littered all over the main gaming floors. The times i have been i will just backount without playing the CSM to practice keeping up with dealer speeds. I have my first trip planned for the end of April when i head over to Vegas for 2 weeks. I also will be playing lower limits while getting experience even though my bankroll can handle higher limits. Keep up the practice :)
 

Meistro

Well-Known Member
#5
You know there are some online casinos that offer reasonable beatable live blackjack games with minimum bets of $1 so that might be one way you could get some practice if you don't have any playable games near you Talmadge. Obviously you shouldn't deposit much on the site (just do like $50 and don't take the deposit bonus) or make any big bets but you could do like a $1-$5 spread just to familiarize yourself with deck estimation, converting to the true count, making index plays etc.
 
#6
Meistro said:
Obviously you shouldn't deposit much on the site (just do like $50 and don't take the deposit bonus) or make any big bets but you could do like a $1-$5 spread just to familiarize yourself with deck estimation, converting to the true count, making index plays etc.
Why shouldn't he take the deposit bonus?
 

Talmadge

Well-Known Member
#7
Meistro said:
You know there are some online casinos that offer reasonable beatable live blackjack games with minimum bets of $1 so that might be one way you could get some practice if you don't have any playable games near you Talmadge. Obviously you shouldn't deposit much on the site (just do like $50 and don't take the deposit bonus) or make any big bets but you could do like a $1-$5 spread just to familiarize yourself with deck estimation, converting to the true count, making index plays etc.
Thanks for the advice Meistro. Can you recommend the name of a reputable online casino that offers blackjack? How deep is the penetration usually online? I have been practicing at home with 6 decks, shoe and discard tray etc I also have cvbj which is good for pointing out any errors in play, but i prefer practicing with real cards and doing deck estimation drills in the real discard tray. I am not sure about anyone else but i find sighting the discard tray on the computer screen with cvbj a little strange and take a while to get used to.
 

Meistro

Well-Known Member
#8
xengrifter said:
Why shouldn't he take the deposit bonus?
Because the norm now is 50 x roll over with blackjack counting as 8% or 0%. So that means on a $100 deposit you need to give them 50 * 12.5 * 200 = $125,000 in action before you cash out and often these bonuses have a time limit on them. In the case where blackjack counts as 0% you'll have to give them $10,000 in action on slots with an unknown house edge, again usually with a time limit, before you can really claim your free hundred as your own.

Betvictor seems to be a reputable place and has a decent game (2 decks cut off out of 8). The minimum there is 5 GBP. Their deposit bonus is brutal you do not want it. There are some casinos offering $1 games but they're usually not that good or they seem pretty dodgy. }

Also some of these places auto give you the bonus so you have to read the terms and conditions pretty carefully.
 

Talmadge

Well-Known Member
#9
Meistro said:
Because the norm now is 50 x roll over with blackjack counting as 8% or 0%. So that means on a $100 deposit you need to give them 50 * 12.5 * 200 = $125,000 in action before you cash out and often these bonuses have a time limit on them. In the case where blackjack counts

Betvictor seems to be a reputable place and has a decent game (2 decks cut off out of 8). The minimum there is 5 GBP. Their deposit bonus is brutal you do not want it. There are some casinos offering $1 games but they're usually not that good or they seem pretty dodgy. }

Also some of these places auto give you the bonus so you have to read the terms and conditions pretty carefully.
Thanks Meistro i may check them out. The pen that Betonline uses doesnt look so good from watching a couple of Michael Morgenstern videos. I saw that in one of his videos the dealer dealt a second.
 
#10
Meistro said:
Because the norm now is 50 x roll over with blackjack counting as 8% or 0%. So that means on a $100 deposit you need to give them 50 * 12.5 * 200 = $125,000 in action before you cash out and often these bonuses have a time limit on them. In the case where blackjack counts as 0% you'll have to give them $10,000 in action on slots with an unknown house edge, again usually with a time limit, before you can really claim your free hundred as your own.

Betvictor seems to be a reputable place and has a decent game (2 decks cut off out of 8). The minimum there is 5 GBP. Their deposit bonus is brutal you do not want it. There are some casinos offering $1 games but they're usually not that good or they seem pretty dodgy. }

Also some of these places auto give you the bonus so you have to read the terms and conditions pretty carefully.
Talmadge said:
Thanks Meistro i may check them out. The pen that Betonline uses doesnt look so good from watching a couple of Michael Morgenstern videos. I saw that in one of his videos the dealer dealt a second.
Yes, see:
#BlackjackGate : Online Casino Caught Cheating

 

Morphy

Well-Known Member
#11
thank you

Hi xengrifter. I see you got a mention in the last one of his videos. It was a video regarding deviations and how he says there is no such thing. it was an interesting one!
 

Ryemo

Well-Known Member
#12
Morphy said:
thank you

Hi xengrifter. I see you got a mention in the last one of his videos. It was a video regarding deviations and how he says there is no such thing. it was an interesting one!
Yes... interesting is a nice way to put it. Let's not beat around the bush... the guy is a complete moron and totally misleading. I truly hope no one here is actually taking Michael Morgenstern seriously. It's ironic because he's a "self-described professional" but he's anything BUT a professional.
 

Morphy

Well-Known Member
#13
i would think most people here who are working hard to develope an edge on the game dismiss him as I did

Sadly it's the people who have never played blackjack see this guy who talks a big game and makes it look easy, get sucked in and probably will lose a lot of money
 
#14
Morphy said:
Hi xengrifter. I see you got a mention in the last one of his videos. It was a video regarding deviations and how he says there is no such thing.
I couldn't find the mention skipping through it twice.
Obviously he and I are at opposite ends: I say 60 indices, he says zero indices...
... I am going to introduce him to count-weighted BS as a compromise. :rolleyes:
 

Morphy

Well-Known Member
#15
xengrifter said:
I couldn't find the mention skipping through it twice.
Obviously he and I are at opposite ends: I say 60 indices, he says zero indices...
... I am going to introduce him to count-weighted BS as a compromise. :rolleyes:
I wanted to be sure so I went back, its around the 9:03 mark
 
Top