Blackjack Betting Strategies

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I love playing blackjack! I have been playing blackjack for over 20 years in all forms – casinos, online and mobile, in all environments – social, tournaments, teaching and of course studying.

I have spent countless hours, days, months studying blackjack to become the best player as possible.

Unfortunately, to become a blackjack expert, it just doesn’t happen overnight. And I feel that this is often lost on people who want to become blackjack experts. But with little bit of effort you can become a very good player. Quite often I am asked “so what’s the best blackjack strategy you know of and will I be able to easily learn it?”

The are so many strategies out there. The first thing I recommend is to check out the site Blackjackinfo.com. This site has a lot of information, tips and tricks that is great for all levels of blackjack players.

Blackjack Training

What I always recommend for beginners is to play at a virtual blackjack trainer. All the great players start out with training wheels and they learn from the experience. Of course, it’s not 100% exactly the same as playing for real money but it’s pretty darn close. So get started with slowly learning the rules. You will be able to find a lot of online blackjack trainors – blackjackinfo.com has one and it’s great.

With practise, you will soon get the hang of it and in a short time know the basics.

Have fun with Blackjack Online

Having fun online is the best. You can easily refer to Blackjack strategy charts, having them handy on the side, as and when you play. For American’s, the best payment method I recommend is PayNearMe. This method allows you to quickly convert your cash to digital, super convenient and super fast.

If you live in Germany, Sweden, Finland or Estonia, then Pay N Play is the way to go. Pay N Play is the only payment method that I know of that doesn’t require you to create a member online account. You can use your own bank account directly as the account to play from.

When having fun, recognize that you are playing a casino game that is almost equal contest between you and the casino. Blackjack is the only game that has a casino edge of 50c for every $100 wagered. This is awesome for any player that knows how to use basic blackjack strategy.

Bank Roll

Manage your bank

It goes hand in hand with fun, only play with money that you can afford to lose. Hence, I recommend the PayNearMe method for American’s, as it uses cash that you have and not on credit. Avoid borrowing money to bank roll your online account.

Choose betting limits that are within your comfort zone. It’s no fun if you are going for glory with the highest bet limit on one hand and use up your bank roll in one minute. Play within your bet limits.

Know your Betting Charts

Blackjack Betting Charts are everywhere on the internet.

Blackjack betting charts give you the statistical best play for every scenario that may arise in a blackjack hand. Be careful to use the right blackjack betting chart because they vary depending on the variation of the blackjack being played.

BlackjackInfo has a good strategy chart builder. I highly recommend using their blackjack betting chart builder, it’s very easy and quick to use.

Martingale Betting System

Introducing Martingale

The Martingale betting system is one of the simplest and most effective betting strategies for blackjack. I recall back in my college days that many of my friends formulated the same strategy – without knowing that Martingale had already coined it! Such is the simplicity of the strategy, that you may already be using it. From this betting system there can be many variations.

NO CARD COUNTING IS NEEDED

We shall start with the original betting strategy.

The Martingale Betting System Explained

In the original Martingale betting system we assume that each Wager pays out even money. That is, if you bet $1, you will get back $1 in pay out.

RoundWagerBank Roll
111
223
347
4815
51631
63263
764127
8128255
9256511
105121,023

The original true, tried and tested betting strategy works as follows.

Round 1 – In the first round (Round 1) you bet $1. And if you win, you begin your next round (staying at Round 1) with $1 dollar again, and pocket $1 profit. If you lose, you proceed to Round 2.

Round 2 – You increase your bet, by doubling the previous wager that you lost. In this round you therefore Wager $2. If you win, you profit $1 (remember you lost $1 in the previous round) and you start back to Round 1 and bet with $1 again. If you lose you proceed to Round 3.

Round 3 – You increase your bet, by doubling the previous wager that you lost. In this round you therefore Wager $4. If you win, you profit $1 (remember you lost $1 in Round 1 and $2 in Round 2) and you start back to Round 1 and bet with $1 again. If you lose you proceed to Round 4 and so on.

You can see that at each round that you win, your net profit is $1, and is always $1. This is because your bank roll is accumulating to cover previous losses. The below chart shows that as you lose your wager amount continues to double along with your bank roll.

Blackjack betting for 10 rounds

So what does the Martingale chart mean?

I will ask you, what are the odds of you losing 10 hands of blackjack in a row? Assuming equal odds between Dealer and Player, the probability is 0.1%. That is 1 in 1,000 of you losing 10 blackjack hands straight, which means highly unlikely.

Therefore, you can play knowing that you will be able to profit $1 using this strategy. You need to have a bank roll of $1,023 per the chart to play 10 rounds. Of course if you want to extend the rounds you will need to increase your bank roll. If you do this, the probability of a string of losses in a row more than 10 rounds reduces even further.

The beauty of using the Martingale betting system for blackjack, is that sometimes the payout ratio is more that 1 to 1! When you hit blackjack (or even 21) at some online casinos you will be paid at 2 to 1! This means your profits will rise faster.

If you want to see a visual of Martingale in graphics click here.

Martingale Key Points

  • double your wager after each loss
  • have a good solid bank roll
  • the more rounds, the greater the odds of success and assured of winning

Blackjack Superstitions

Blackjack superstitions are a great way to socialize and interact with fellow players. But don’t believe in the hype. I usually “pretend” to believe in them, especially with a very superstitious bunch of players. I’d rather play along with the excitement, than argue till the cows come home about why a particular myth should be on Mythbusters and be busted. So remember, there are some strong superstitions that fellow players believe in, sometimes its better to go with the flow and not disturb the peace.

Here are a few superstitions:

Superstition: Bad players at the table will cause you to lose

Truth: This cannot be further than the truth. People playing at other positions of the table cannot cause you to lose or win. So please do not get upset if you feel that another has played their hand incorrectly and/or should have sacrificed their position for the greater good of others.

Superstition: A picture card will always follow a picture card

Truth: In a deck of 52 cards, 16 of them are picture cards. This means that there is a 31% chance of a picture card following another picture card. If you see pictures cards are being drawn, then the percentage of a picture card following a picture card will fall. Therefore, this superstition is not true.

Superstition: Never hit on a 12, because you will always bust

Truth: Some people believe that if you hit on a 12 a flow of picture cards will come. Following from the previous superstition, there is a 31% chance or less that a picture card will follow. There odds will always be higher for smaller cards than pictures cards to be dealt.

Superstition: A dealer change will cause me to win orlose

Truth: A dealer has no influence on the odds at which cards are dealt out. Do not blame a dealer for a losing streak, or a change from winning to losing.

Superstition: I’m on a winning streak so I should increase bets

Truth: Winning streaks or hot vs cold tables are simply not true. Winning or losing patterns do not influence or alter the probability of the cards.

Superstition: I can control the game with multiple hands

Truth: Some players like to play many hands, as they believe this allows them to “control” the game. This cannot be further than the truth. The casino edge remains the same no matter how many hands are played. You could think of it in another way, are the odds better if players colluded? No, the odds do not change, as per the first superstition. There are no bad players and there are no good players. You cannot influence the odds with a group of “good players”.

Other Resources for Blackjack Betting Systems

There is a lot of websites that provide good quality blackjack information. But there’s also a lot of noise.

My favorites and highly recommended are as follows:

BlackjackInfo’s Blackjack School – This website has it all. Check it out, the forums are active, and the knowledge base is very insightful and detailed. If you follow their training and strategies, you will become an expert in no time.

GamblingGurus.com – Explains a lot of other strategies that include: the Martingale, Manhattan and Oscar betting systems. These three strategies utilize money management on wagered amounts as a way to increase winnings.