can some of the pros please let me know what the $/hr value is. like i described, we're playing 15 min, 300 max bet, heavy wonging. rules are reg. AC rules. 75% pen. i got a number of 15-20/hr from systemstrader and zengrifter and a couple others are saying 40-45/hr. i would REEEAAALLY appreciate more opinions from ppl like ihate17 and sonny.
starting a team
- Thread starter bluewhale
- Start date
I'm thinking of starting a team, too
I'm wondering what seasoned players (I'm admittedly a novice) think of the following:
I'm happy with my results going it alone so far, but I would like to find a way to hedge against the inevitable run of bad luck.
What I'm thinking of doing is simply getting two other individuals up to speed on BS and counting, and then each of us going our own ways at different tables. This way I reason that we can balance each other out, and if the occasional run of bad luck strikes, it is improbable that it will affect more than one of us. Then we just pool our winnings and losses, if any, and divy it up three ways.
Of course, I will have to be convinced that each of us are on a par with the others, otherwise, the good players will end up subsidizing the bad player, cutting our profits, or even incurring a net loss.
I'm wondering what seasoned players (I'm admittedly a novice) think of the following:
I'm happy with my results going it alone so far, but I would like to find a way to hedge against the inevitable run of bad luck.
What I'm thinking of doing is simply getting two other individuals up to speed on BS and counting, and then each of us going our own ways at different tables. This way I reason that we can balance each other out, and if the occasional run of bad luck strikes, it is improbable that it will affect more than one of us. Then we just pool our winnings and losses, if any, and divy it up three ways.
Of course, I will have to be convinced that each of us are on a par with the others, otherwise, the good players will end up subsidizing the bad player, cutting our profits, or even incurring a net loss.
It's a good play for a team, on a few conditions.
First of all, I wouldn't worry too much about the skill of the players, because the difference between a great counter and a mediocre one is a lot less than the difference between a lucky and an unlucky one! (I'd rather be lucky than good, but being I'm not lucky I have to settle for the latter.) Just make sure everyone actually can count.
What you are more interested in are discipline and honesty. Discipline is important because you are going to be deciding on the game plan (spreads, games, counts) ahead of time and as long as everyone sticks to the same game plan they should be playing to around the same EV no matter how good they are. The value of honesty is obvious. Without it you are certain to lose both money and friends, and I'm not sure which is worse.
Where do you play?
First of all, I wouldn't worry too much about the skill of the players, because the difference between a great counter and a mediocre one is a lot less than the difference between a lucky and an unlucky one! (I'd rather be lucky than good, but being I'm not lucky I have to settle for the latter.) Just make sure everyone actually can count.
What you are more interested in are discipline and honesty. Discipline is important because you are going to be deciding on the game plan (spreads, games, counts) ahead of time and as long as everyone sticks to the same game plan they should be playing to around the same EV no matter how good they are. The value of honesty is obvious. Without it you are certain to lose both money and friends, and I'm not sure which is worse.
Where do you play?
I wouldn't even consider this if I thought either of my friends might be dishonest. As for discipline, I'm guessing that once they are confident in their ability to count that will not be a problem. I plan to have practice sessions where I play dealer and they practice counting. One is already eager to do this. The other has usually been lucky using BS, but since his "bad luck" last week, I'm thinking he is ready to learn how to count.
We will be playing in AC. I'm paranoid about revealing too much detail on a public forum. Heehee...am I too paranoid?
We will be playing in AC. I'm paranoid about revealing too much detail on a public forum. Heehee...am I too paranoid?
lol, well i wouldn't post a picutre of yourself here, but saying that a group of ppl will be counting in AC is not revealing anything. AC prob deals with dozens of counters on a weekly basis, so its not like they are gonna be waiting for you at the door if you announce that you're gonna try to count there.
I don't think those numbers are right. I'm getting more like 25 hands per hour and 1.5 units won per hour. Just from this I think you should see 18 hands per hour at +2 or better: http://www.blackjackforumonline.com/content/6DeckText.htm
you guys, this is starting to scare me. if blackjack pros can't calculate something as basic as an hourly wage based on straight counting, then i don't know what to say.
this kind of thing is the most basic of information. knowing how much you can expect to make/hr. you should all be more than a little worried if pros are having trouble determining this trivial number.
this kind of thing is the most basic of information. knowing how much you can expect to make/hr. you should all be more than a little worried if pros are having trouble determining this trivial number.
Well, you can get some estimates, like from Blackjack Attack. But it won't be exactly correct, because you can't look at the bet ramp in relationship to the count. In general, back-counting 6 deck shoes with a 1-8 spread is going to be worth about 1 1/2 units an hour or so, depending on a lot of factors.
Those numbers are so pathetic because I assumed 5-6 players at the table, which is why the hands per hour is so low. If you can find uncrowded tables and/or very fast dealers then your EV will improve greatly. If you can see 100 hands per hour and play a 1:8 spread at +1 and above you can bring that EV up to almost 1 unit per hour. I don't know how practical that is in AC though.
-Sonny-
-Sonny-
That's gonna be tough. Even a 1:12 spread with Wonging In/Out at +1 will only get you 1.16 units per hour, and that assumes 100 hands per hour. You would need only one deck cut off of an 8D shoe and a 1:10 spread (+1 backcounting again) to get 1.92 units per hour. This information is all from Schlesinger's book.
-Sonny-
-Sonny-
Retirement Plan
Hehehehe! Fortunately, I'm retired. So I already have healthcare, my buddies chip in on travel expenses, the casinos provide comp rooms, I play at nonsmoking tables, and this is one very interesting way to spend some of my retirement--oh, but I'm sure it will get boring and routine after a while, except if I am making money at it I may be able to cope. :grin:
Hehehehe! Fortunately, I'm retired. So I already have healthcare, my buddies chip in on travel expenses, the casinos provide comp rooms, I play at nonsmoking tables, and this is one very interesting way to spend some of my retirement--oh, but I'm sure it will get boring and routine after a while, except if I am making money at it I may be able to cope. :grin: