Risk seeking strategy

[ArcticInferno]

Let’s say that you’re playing two hands.
You have a blackjack or a 20 on one hand (or you doubled and got 20 or 21).
Since you already have some money coming in (most likely), would you employ risk seeking strategy on the other hand?
Could you say that the variance associated with the risk seeking play will be dampened by the good hand?
Or maybe just consider each hand to be separate & independent and play them isolated from each other?

Corollary question:
If you screw up the first hand royally, would you play the second hand “conservatively”? Not double for example. Or maybe even just surrender?
Or if you have a stiff on the second hand, then maybe play the first hand conservatively.
Or if you wish to employ a risk seeking strategy for the second hand, you preemptively play the first hand conservatively.

 

[Shoofly]

Let’s say that you’re playing two hands.
You have a blackjack or a 20 on one hand (or you doubled and got 20 or 21).
Since you already have some money coming in (most likely), would you employ risk seeking strategy on the other hand?
Could you say that the variance associated with the risk seeking play will be dampened by the good hand?
Or maybe just consider each hand to be separate & independent and play them isolated from each other?

Corollary question:
If you screw up the first hand royally, would you play the second hand “conservatively”? Not double for example. Or maybe even just surrender?
Or if you have a stiff on the second hand, then maybe play the first hand conservatively.
Or if you wish to employ a risk seeking strategy for the second hand, you preemptively play the first hand conservatively.

Play each hand independently, regardless of what happens on the other hand.

 

[blackjack avenger]

You People Are Tearing Me Apart

There is probably something small here, but you are wayyyyy overthinking things.:sad:

Don't make things complicated.
Check out my thread!:

Side Counting As VS Composition Dependent Insurance!

good cards
:joker::whip:

 

[MangoJ]

Bets on multiple hands are correlated, because the dealer can get a BJ or stands with a good hand - that is true. But that doesn't mean you should play them differently. EV is not affected by correlation, only variance is.

There are marginal situations where you can give up a very small part of EV in exchange for lower variance - this depends on your bankroll and does not only apply to multi hand plays.

 

[MeWin$]

Yeah

Yeah you could
A new and insightful post.

 

[jack.jackson]

Let’s say that you’re playing two hands.
You have a blackjack or a 20 on one hand (or you doubled and got 20 or 21).
Since you already have some money coming in (most likely), would you employ risk seeking strategy on the other hand?
Could you say that the variance associated with the risk seeking play will be dampened by the good hand?
Or maybe just consider each hand to be separate & independent and play them isolated from each other?

Corollary question:
If you screw up the first hand royally, would you play the second hand “conservatively”? Not double for example. Or maybe even just surrender?
Or if you have a stiff on the second hand, then maybe play the first hand conservatively.
Or if you wish to employ a risk seeking strategy for the second hand, you preemptively play the first hand conservatively.

If your using RA indices using then your probably already doing that. Theres been times where ive tried the "conservative" approach and it turned out disastrous. For example: Busting on the first hand and "just" hitting your 11 on the second hand, only to draw a 4; hitting again and to busting out. Opposed to winning had i doubled. So instead of losing twice, i wouldve one once had i just doubled my 11(difference of 3). You have to stick to the game plan, and go all in sometimes if you plan on winning.

Having said that however, there are times where i like to play it safe and insure 1/4 my bet on 11vA, when the index exceeds this hand, while not nearly high enough to warrant full insurance.

Theres also been border line decisions sometimes where it didnt warrant doubling my 11vA, but since the dealer didnt have BJ, i presumed him to have a small card card in the hole, when at this time i doubled my 11vA, even if the index was slightly short of justifying to do so . Voila!

 

[21gunsalute]

If I pull a Blackjack or hit for 21 on the first hand I may surrender the 2nd hand if I have say a 14 against a dealer 10.

 

[blackjack avenger]

Careful Guys

If there was a lot here it would be known. There may be some decisions that could be influenced at the margins for indicies; but that's just it, marginal. Also, if thinking about marginal plays slows down your overall play you will have lost any gain. I would be very careful to break BS rules in bj that have been known for about 50 yrs and proved over and over.

These plays may have more value if one bets full kelly, where every bet and play is a bankroll crisis:laugh:

:joker::whip:
happy hitting