Curious.

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Rspeirsmlb

Well-Known Member
This question may seem a little silly...but bare with me. For the pros, after a winning session/s of blackjack.....do you keep all of your winnings and add it to your bankroll? How do you go on about this? or do you keep a certain percent of your winnings for personal use? I was just curious, I didn't know if you had a formula or way of determining how much money/units you keep for yourself for life outside of blackjack, or if you just add onto your bankroll. Thanks.
 
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Claza

Active Member
Rspeirsmlb said:
This question may seem a little silly...but bare with me. For the pros, after a winning session/s of blackjack.....do you keep all of your winnings and add it to your bankroll? How do you go on about this? or do you keep a certain percent of your winnings for personal use? I was just curious, I didn't know if you had a formula or way of determining how much money/units you keep for yourself for life outside of blackjack, or if you just add onto your bankroll. Thanks.
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I realize that this question wasn't directed at me, since I am not a professional, but I'll try to answer it anyway.

I treat my bankroll as a money account (full with funds that I emotionally kissed goodbye already). I may occasionally make withdrawals and deposits to it, but I try to keep that to a minimum.

All my winnings go into my bankroll, not just percentages of it. I will have nothing to show from a winning trip other than the satisfaction of having a fatter bankroll on my next one. Lunch money, gas money, blackjack books, or other expenses do not come from my bankroll, I will use my every-day money for that.

But again, I'm not planning to quit my day job.
 
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ScottH

Well-Known Member
Rspeirsmlb said:
This question may seem a little silly...but bare with me. For the pros, after a winning session/s of blackjack.....do you keep all of your winnings and add it to your bankroll? How do you go on about this? or do you keep a certain percent of your winnings for personal use? I was just curious, I didn't know if you had a formula or way of determining how much money/units you keep for yourself for life outside of blackjack, or if you just add onto your bankroll. Thanks.
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Since all of your losses will be coming out of your bankroll, you should probably add all the winnings to it as well.

If you calculate your ROR, and it is say 1%. That means you will have a 1% ROR if you always add all of your winnings back into your bankroll.

But you can take money out for personal use if you reach a certain goal. Let's say you like to play with a 10k bankroll. If you reach 20K, you can either A) double your stakes with same ROR B) keep at the same stakes with a much lower ROR or C) take the extra money and add it to your personal money and continue playing with a 10k bankroll.

It all depends on what you want to do with card counting. If you are looking to increase your stakes and make even more money, then add it to your bankroll. If you are comfortable at your current level and ROR, then you could take winnings and pocket them for personal use. It's really up to you.
 
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Rspeirsmlb

Well-Known Member
Thanks.

Thanks for the reply. Let's say my bankroll is $10k, playing on 6D, DAS, DOA, no surrender..... making a bet spread of 1-12 ($25-$300), what would my ROR be and would it makes more sense if I reached $20k to keep the same spread but multiply it by 2 ($50-$600)......or to just simply pocket the $10k profit and keep playing with my initial betting? I know this is a lot of money, but I'm putting it in a perspective of when I become advanced and could handle that sort of risk/play. Thanks.
 
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ScottH

Well-Known Member
Rspeirsmlb said:
Thanks for the reply. Let's say my bankroll is $10k, playing on 6D, DAS, DOA, no surrender..... making a bet spread of 1-12 ($25-$300), what would my ROR be and would it makes more sense if I reached $20k to keep the same spread but multiply it by 2 ($50-$600)......or to just simply pocket the $10k profit and keep playing with my initial betting? I know this is a lot of money, but I'm putting it in a perspective of when I become advanced and could handle that sort of risk/play. Thanks.
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I dont know the exact number, but with a 10K bankroll and 25-300 spread, your ROR will be quite high. You should shoot for a 2-5% ROR, or slightly higher or lower depending on your risk tolerance.

Let's say you were to spread 25-300 and accept the high ROR and you double your bankroll to 20,000. If I were you I would not double the spread, since you will still have a high ROR if you do that. I also would not pocket the money and keep playing like that with only 10k. I would keep playing with the same spread with a 20k bankroll. With 20k your ROR is much more reasonable, probably a few percent.

I like to have about 100 max bets. That means to spread 25-300 you should have about 30k. I think 25, maybe 20 would be fine too, you'll have to get a ROR calculator to get some actual numbers for this.

But just know that a 25-300 spread and a 10k bankroll will be very risky. Either lower your betting level, or get a bigger bankroll. For 10k it would be a lot better for you to bet 10-120, assuming you wanted to use a 1-12 spread.
 
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Claza

Active Member
jimpenn said:
Here's one more...you will not win if you have to play H17 tables.
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The EV calculators only show like a .2 difference in EV between H17 and S17 games.

I think the difference can be felt in real life play, but I don't think of H17 as unbeatable.

Unfortunately the casinos in my area formed some kind of an alliance, and only offer H17 games.

EV Calculators:
http://www.qfit.com/blackjack-odds-calculator.htm
http://wizardofodds.com/blackjack/house-edge-calculator.html
 
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ScottH

Well-Known Member
jimpenn said:
Here's one more...you will not win if you have to play H17 tables.
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That's not true. There are many other factors involved on whether or not the game is beatable. A game is beatable for less with h17, but you can still beat them no problem.
 
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