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Blackjack

Ceritus

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C
Joined
Jul 28, 2005
Messages
647
If the table limit was infinite and a person had enough money to gamble with wouldn't blackjack be a sure thing with the 2:3 payout of each black jack. For example, a person can keep doubling their bets with each loss and on every blackjack they set the extra money aside and continue doubling.

Has anyone derived a fair system for a 6 deck table max of 5000 game to make the odds in the players favor?
 
The issue is the 5000 limit.

Another issue is that assuming doubling up each time, you'll only win your original stake. Starting with a $10 stake and losing 9 straight times, you'll end up staking $10240 on the final hand and winning. Trouble is, in the previous hands you've staked $10230, a profit of $10, big whoop.
 
The Don said:
The issue is the 5000 limit.

Another issue is that assuming doubling up each time, you'll only win your original stake. Starting with a $10 stake and losing 9 straight times, you'll end up staking $10240 on the final hand and winning. Trouble is, in the previous hands you've staked $10230, a profit of $10, big whoop.
Click to expand...

the profit would be strictly from the extra payout from blackjacks
 
In which case your scheme is flawless unless:

- the table limit interferes
- they throw you out of the casino
- you have a really bad run of luck (odds of blackjack are a little under 5%)
 
I have lost 22 hands in a row in one spot before.......

And I have also won every hand in an entire 6 deck shoot going one on one with the dealer. All in all I am about 12k up counting all my losses and winnings in the past 4 years since I have started.
 
Ceritus said:
I have lost 22 hands in a row in one spot before.......

And I have also won every hand in an entire 6 deck shoot going one on one with the dealer. All in all I am about 12k up counting all my losses and winnings in the past 4 years since I have started.
Click to expand...
well done, you are one or more of:

- very lucky, this cannot last forever
- successfully counting cards, you will be caught, you will be banned
- failing to count all your losses
- lying
 
This scheme is extremely flawed. How much money do you really thing you can make? If you have enough money to bankroll this idea, why are you wasting it trying to occassionally make 3:2 on blackjacks. If you have unlimited funds and do not have to worry about table limits, then you can use this idea to make a large sum of money on ANY casino game just by doubling your bet. Think about it. In craps, if you just bet on snake eyes only, and double your bet each time, you will make lots of money just profiting from hitting snake eyes. Of course, you still have to have the large starting bankroll. If you have such a large starting bankroll, I ask again, why waste it on this very slow process, a process by which you may not actually win. I understand that my example is extreme, but your idea works with any casino game given enough starting money. The fallacy comes with the fact that if you have such a large amoung of starting money, why try this.


Santa
 
on some nights I can count 5,6,7,8,9,10 JQKA on most nights its just 10 values and A
with a 6 deck shoot
 
but even when counting there is a full deck not used which always leaves a random chance 40, 10 values may not be used.
 
Santa666 said:
If you have unlimited funds and do not have to worry about table limits, then you can use this idea to make a large sum of money on ANY casino game just by doubling your bet ... Of course, you still have to have the large starting bankroll. If you have such a large starting bankroll, I ask again, why waste it on this very slow process, a process by which you may not actually win. I understand that my example is extreme, but your idea works with any casino game given enough starting money. The fallacy comes with the fact that if you have such a large amoung of starting money, why try this.
Santa
Click to expand...
Beware this mistake! The fallacy is not 'if you have a large amount of cash already there are better things to do'. This double ONLY works if you have the unlimited funds mentioned at first. Not a large amount. Unlimited. If you're betting a penny at a time to win a penny at 49:51 and you start with a couple of billion dollars, and you use the doubling 'strategy', you will lose everything. Actually, you're expected to make it up to about 3.9 billion if you start at 2 billion, but lose it all around then, by my back-of-the-envelope calculations.
 
Ceritus, I have a proposal for you. Let's use your system to bet on the roll of a die. If it's a one, you win (even money). If it's a two through five, I win. If it's a six, I pay you 3:2. You can use the exact same argument you made above, doubling your bet if you lose, putting the extra from the 3:2 payouts in your slush fund.

When do we start?
 
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