MJbballar23's conclusions on card counting (longish)

mjbballar23

Well-Known Member
#1
Hey everyone

Getting some inspiration from Matt21's sticky thread, I decided to tell people a little about my card counting adventures and give my thoughts and warnings on card counting

Although im only 21, i've been counting since the day i turned 18. As i look back on these last three years, here are my strongest recommendations to anyone looking to get into counting:



Play with a large bankroll. Honestly, I wouldnt bother with card counting unless you have AT LEAST $15,000 to put toward this venture. If you dont have $15,000 and you are serious about becoming a strong player, get a job to build your bankroll. Dont think you are going to easily be able to turn a couple hundred dollars into a $15,000 bankroll with ease just by playing a straight counting game. I advocate a $15,000 bankroll minimum because when you consider the travel, time, food, and lodging expenses involved with playing this game, you really need to be pulling in $50/hour or more to make the trips worth your while. $50/hour is often times hard to achieve with less than $15,000 while also maintaining a reasonable risk of ruin.

Play only great games.I've played some GREAT counting games in the last three years! And I mean some of the best games you'll ever find. Simulations on these games gave me a NO (number of hands to overcome 1 standard deviation) of around 6000 hands. That means that even the BEST counting games require 24,000 hands to overcome 95% of the variance. When you consider you get around 80 hands per hour, THATS 300 HOURS!!!! (Keep in mind that these are some of the BEST games, most games will have a 2 standard deviation NO well above 24,000). So before you decide to jump into card counting by yourself, consider the reality that you might not get anywhere near your Expected Value (EV) for months or even years. Some of the games that I see you guys posting about would take almost an entire lifetime to overcome the variance! Some argue that card counting isnt really gambling; however, when you play garbage games i feel there is an argument that card counting is nothing but gambling. If the best games you can find in your area are 6d H17, DAS, 70% penetration, you should consider picking up another hobby.

Play as a team. I cant really stress this enough. The feeling of losing money for months on end is such a depressing feeling, one that id rather not deal with. I feel the optimal team is between 2 - 4 players. More than 4 can become difficult to manage. Playing as a team will obviously help greatly with leveling out variance and at the same time will make the mental and psychological aspects of the game easier to handle. I have found that I play much better when i know i have other teammates helping to flatten out the variance. I dont stress the big swings nearly as much. For example, lets return to my strong game with a 2 standard deviation NO of 24,000 hands. Playing by yourself, this will take 300 hours. However, playing with 3 other people willonly require 75 hours of work from each player. This is MUCH more reasonable and can be easily achieved in a few of weeks. Keep in mind though that this is for an EXTREMELY good game and most games you will find would take much longer than this to overcome the variance! That is why I am such a huge advocate of only playing very good games. Now playing as a team can make things more complicated. Trusting you partners is obviously the biggest concern; however, if you can get past this i feel your BJ experience will be much more enjoyable.

Always be striving for the biggest edge. This kind of goes along with playing great games. Once you begin to feel confident in your counting abilities, I really feel that you should be focusing on finding opportunities to gain a larger edge. Some things that immediately come to mind are shuffle tracking, promotions, holecarding, side bets, other games, etc. These are things that can make a game go from bad or mediocre to good or even excellent. Knowledge of how to exploit these opportunities i feel are extremely important for any serious player. These are the "good games" im talking about. These are the games that give you the greatest edge with the lowest variance. These are the only games I will play. Of course, I will also always play these games with at least one partner to ensure I reach the long-run as quickly as possible.DONT BE AFRAID TO TRAVEL TO GOOD GAMES AND DONT BE AFRAID TO PLAY THEM AGGRESSIVELY.

Hope this puts a few things in perspective for some of the newer players on here.


PS. I typed this up rather quickly so grammer might be lacking.....sorry
 

Billy C1

Well-Known Member
#4
Very Good OP

One of the best posts I've seen in some time. It's a must read for beginners.
Being the cynic that I am, I would caution them a little about the "team concept", stressing that there are VERY FEW people that can be totally trusted in those arrangements!

Sorry, I now notice that you did caution them.

BillyC1
 
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shadroch

Well-Known Member
#5
It all depends what you want out of the game. Playing BJ allows me to stay 40-60 days a year at some pretty nice hotels in some nice vacation destinations. I don't come close to earning $50 an hour, nor do I need to.
A week in Vegas runs me $300-350 in airfare, around $200 for food and $150 for a car. Thats $700. If I play 6 hours a day, thats about $16 an hour to cover expenses. When you factor in the several hundred dollars in free slot play you can easily get, it brings it down much lower. If you are in town to be an AP, there are plenty of opps there that don't involve playing BJ that will substantially reduce your expenses, thus increasing your bottom line. I figure $10 an hour is my break-even point.
 

monte_vv

Active Member
#7
shadroch said:
It all depends what you want out of the game. Playing BJ allows me to stay 40-60 days a year at some pretty nice hotels in some nice vacation destinations. I don't come close to earning $50 an hour, nor do I need to.
A week in Vegas runs me $300-350 in airfare, around $200 for food and $150 for a car. Thats $700. If I play 6 hours a day, thats about $16 an hour to cover expenses. When you factor in the several hundred dollars in free slot play you can easily get, it brings it down much lower. If you are in town to be an AP, there are plenty of opps there that don't involve playing BJ that will substantially reduce your expenses, thus increasing your bottom line. I figure $10 an hour is my break-even point.
Hotel cost?
 

shadroch

Well-Known Member
#10
monte_vv said:
Hotel cost?
I've paid for one hotel nite in the last three years, and thats only because I mistakenly booked one place Weds-Fri and the other Sunday to Weds, leaving me without a Sat nite comp.
The rest are comped via marketing offers.
 

1357111317

Well-Known Member
#11
counting cards at blackjack= a very tough way to make money. Once you earn your stripes strictly counting cards you realize why very few people strictly count cards for a living. Good post MJ.
 

kewljason

Well-Known Member
#12
1357111317 said:
counting cards at blackjack= a very tough way to make money. Once you earn your stripes strictly counting cards you realize why very few people strictly count cards for a living. Good post MJ.
I don't think this is entirely true, but I do think it is true to the extent of this site's membership. I believe the members of this site are probably smarter and better educated than most people. Many seem to have their own business interests outside of blackjack and seem to be at the higher economic end than the average person. Those who have mastered card counting to the point that they do or could make a living counting cards are smart enough to find other methods of AP to beat the casinos that are less taxing and less of a grind, or other business opportunities outside of blackjack to do so. Unforetunately I am not in this group as yet and have trouble grasping most of these advanced techniques, so I continue to grind away making card counting more of a job for me than most would have it be. :eek:

But I do feel that there is a small population, mostly in vegas, of strictly counters that grind away, mostly at small stakes to make or suppliment their living, that are not represented on this or other blackjack sites. I know they are there because I see them. They just are not on the message boards. People like myself that aren't as educated, or people that we perceive to be 'not be as smart' or may not have the means. People that were at one time working a 9-5 type job in a cubicle somewhere or perhaps like myself even a lessor job. These people don't mind the grind so much. Counting cards 30-40 hours a week and hawking match play coupons is very tolerable to them compared to what they were doing.
 
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tfg

Well-Known Member
#13
I've come to realize that this endeavour is super difficult to have as your only source of income. I mean with the bankroll that you need, the ups and downs, and then basically the casinos stopping you if you win too much or whatever else they do, it's got to take hardcore dedication and patience. Then the toll it takes on always having to be at the casino's, dealing with all of the smokers and people yelling and pounding on the tables can get really tiresome.

I've concluded that for me (mostly because I stink at counting) that I'm keeping BJ as a recreational game and just using it for comps and extra money here and there. Almost like having a part time side job that has really flexible work hours and a little excitement. Plain and simple, I just don't have the patience or balls to be a full time counter. The first bad swing where I lose a couple thousand dollars, I probably wouldn't be able to sleep.
 

Billy C1

Well-Known Member
#14
tfg said:
I've come to realize that this endeavour is super difficult to have as your only source of income. I mean with the bankroll that you need, the ups and downs, and then basically the casinos stopping you if you win too much or whatever else they do, it's got to take hardcore dedication and patience. Then the toll it takes on always having to be at the casino's, dealing with all of the smokers and people yelling and pounding on the tables can get really tiresome.

I've concluded that for me (mostly because I stink at counting) that I'm keeping BJ as a recreational game and just using it for comps and extra money here and there. Almost like having a part time side job that has really flexible work hours and a little excitement. Plain and simple, I just don't have the patience or balls to be a full time counter. The first bad swing where I lose a couple thousand dollars, I probably wouldn't be able to sleep.
You've made a wise choice. Even wiser yet would be to not play at all if you "stink at counting" as you say. Sure you can call it entertainment expense and play ploppie like if you enjoy that and the expected loss. It's
your money.

BillyC1
 

tfg

Well-Known Member
#15
Billy C1 said:
You've made a wise choice. Even wiser yet would be to not play at all if you "stink at counting" as you say. Sure you can call it entertainment expense and play ploppie like if you enjoy that and the expected loss. It's
your money.

BillyC1
As long as I'm not losing my ass, I'd still play. Yes it's entertaining and I'd rather drop $100 or $200 one night at a BJ table then do most anything else that costs that much. Like I would never pay that to go to a sporting event like a football game or hockey game. I could get a full night of playing pretty much minimums and there's a decent chance that I could leave with something. It's just more enjoyable.
 
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aslan

Well-Known Member
#16
monte_vv said:
My mailbox is filled with free room offers from Vegas casinos. Of course, my style of play at hotel/casino complexes where I would like to stay is conservative and under the radar using a player's card. For other places, I may or may not use a card.

Free rooms is a big savings and easily covers the cost of reduced EV from masking my play. Just a reminder: concealing your winnings, sometimes referred to as rat-holing, is a prerequisite for continued favorable treatment. Casinos do not like patrons who continually win, and sometimes jump to the conclusion they are practicing one or more of the black arts of advantage play. Who'd of thought!
 

aslan

Well-Known Member
#17
kewljason said:
I don't think this is entirely true, but I do think it is true to the extent of this site's membership. I believe the members of this site are probably smarter and better educated than most people. Many seem to have their own business interests outside of blackjack and seem to be at the higher economic end than the average person. Those who have mastered card counting to the point that they do or could make a living counting cards are smart enough to find other methods of AP to beat the casinos that are less taxing and less of a grind, or other business opportunities outside of blackjack to do so. Unforetunately I am not in this group as yet and have trouble grasping most of these advanced techniques, so I continue to grind away making card counting more of a job for me than most would have it be. :eek:

But I do feel that there is a small population, mostly in vegas, of strictly counters that grind away, mostly at small stakes to make or suppliment their living, that are not represented on this or other blackjack sites. I know they are there because I see them. They just are not on the message boards. People like myself that aren't as educated, or people that we perceive to be 'not be as smart' or may not have the means. People that were at one time working a 9-5 type job in a cubicle somewhere or perhaps like myself even a lessor job. These people don't mind the grind so much. Counting cards 30-40 hours a week and hawking match play coupons is very tolerable to them compared to what they were doing.
My last two trips to Vegas introduced me to a couple of local players who actually play big time, yet they have no interest in talking online with others about their experiences. They have in-person hand-me-down knowledge from other pros which they apply with a high degree of professionalism, and no one in the Blackjack world hardly knows they exist. How many times this scenario may be replicated in Las Vegas and other gambling meccas, I haven't a clue.
 
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