Posts Tagged ‘bonus payout’
Always Play Blackjack At The Same Bet Level
You'll also cut your fluctuations if you always play at the same betting level, regardless of the action a particular casino can take. Some pros who choose to play in lower limit casinos to take advantage of the good conditions there limit themselves to the same level of action in casinos that could take larger bets, even though they have the bankroll to handle more action. They do this to avoid the stress of unusually bad losing sessions at higher stakes, and winning sessions at lower stakes, due solely to flux.
I also know a number of pros who have lost significant portions of their bankrolls trying to take advantage of some special promotions, such as when a casino temporarily puts some special rule or bonus payout on a game in order to lure in customers. I know one semi-pro player who lost close to half his bankroll in four hours, playing a game where blackjacks paid 2 to 1 instead of 3 to 2.
He was betting $500 per hand—the max bet allowed by the casino—throughout the play, although his normal high bet was $200. He figured that since he had more than twice his normal edge on the house, he could safely bet more than twice his normal high bet. He was very unlucky to have been dealt so few blackjacks during this four-hour time period, and the hands he was dealt were also more losers than winners. But if he would have stuck to his normal $200 high-bet unit for this promotion, he would have lost only about 20% of his total playing bank—still a big hit, but far less devastating.
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