g'day all, i'm interested in card counting and have been reading researching and practising card couting techniques for some months now. i'm from australia, and there is very little info available for card counting in Australia however i did happen to stumble accross this site blackjack-masters.com/earnings.php, its run by Andrew W Scott, who apparently won quite a bit playing in Australia until he was barred from every casino over here. he now teaches an advantage blackjack course which cost about AU$9000 (a fair bit of money). i'm concidering taking this course as i'm impressed at the earning capabilities that he boasts, however after exploring various betting spreads i have become critical of his figures, and i'm wondering if someone else might be able to confirm what he claims as being possible...
of course i don't know the bet spread he teaches because thats within the course but this much information is available on the site:
Bankroll: $12 000
Minimum bet: $10
chance of not running out of money: 97% (ie. risk of ruin: 3%)
he boasts a yearly income of $26 000 with the below rules at 1500 hours a year and approx 65 hands per hour.... which is.... 27c per hand (round)
rules:
8 decks with 1.5-2 cut off
double after split
double on hard 9, 10 and 11 only
S17
resplit pairs to three hands
no resplitting aces
only one card on split aces
no surrender
bj pays 3:2
insurance pays 2:1
australian no hold card rule: dealer bj takes original and busted bets only
the site also has a public forum where the site owner anwers the public's questions and occasionally he has let slip details about the course... i've been able to gather from various posts that the spread he teaches might be a 1-20 spread which may involve playing multiple hands simultaneously.
i don't know much about calculating risk of ruin but it seems to me that a 12 000 dollar bankroll isn't large enough for 3% risk of ruin for bets to make that return...
any help here would be much appreciated
thanks
nightfoxx
of course i don't know the bet spread he teaches because thats within the course but this much information is available on the site:
Bankroll: $12 000
Minimum bet: $10
chance of not running out of money: 97% (ie. risk of ruin: 3%)
he boasts a yearly income of $26 000 with the below rules at 1500 hours a year and approx 65 hands per hour.... which is.... 27c per hand (round)
rules:
8 decks with 1.5-2 cut off
double after split
double on hard 9, 10 and 11 only
S17
resplit pairs to three hands
no resplitting aces
only one card on split aces
no surrender
bj pays 3:2
insurance pays 2:1
australian no hold card rule: dealer bj takes original and busted bets only
the site also has a public forum where the site owner anwers the public's questions and occasionally he has let slip details about the course... i've been able to gather from various posts that the spread he teaches might be a 1-20 spread which may involve playing multiple hands simultaneously.
i don't know much about calculating risk of ruin but it seems to me that a 12 000 dollar bankroll isn't large enough for 3% risk of ruin for bets to make that return...
any help here would be much appreciated
thanks
nightfoxx
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