Hey guys,
First time poster but huge follower since I turned 21 (3 years ago). After educating myself on the Hi-Lo system and doing quite well, I of course ran into some variance that every long term player is due. Its hard to grasp getting 16 time after time against the dealers 10 up-card when the true count is +9 but the important thing to remember is.. Marriott hotels near foxwoods casino. its possible and it happens.
Now, no doubt, counting is the best strategy to win large amounts of money over the extended period of time..
HOWEVER,
I use a strict cut and dry martingale system that Ive used over the past month and Id like to hear you guys opinion on it.
Every session, I buy in at at a $25 table for $200
This gives me room to double my bet 3 times.
My goal profit is $100 a day, playing every day. When I get it, I color up and leave.
If I lose my $175, 3 bets for the day, I walk, no rebuys, no questions asked.
Below are my results for the month of March.
26 wins, 4 losses, 1 off day.
+$2600
-$700
=$1900 profit for the month.
4 losses in a month is pretty in line with the probability of losing 3 bj hands in a row around 15%.. Question is am I missing something? This is more of a penny pinch, long-term move, but why couldnt it work with strict play? If i up my bets and use the same system i can grow that profit even more.
Either way, I appreciate every response even if Im missing something and get called an idiot.
Thanks in advance
**
Even with a counting system which everyone says gives the best possible results, Ive counted perfectly at tables and have had sessions where Ive struggled to make any profit whatsoever (or lost). This is a much simpler, less headache-invokving approach as a possible alternative to making monthly profits
To make a little more complex, I did keep a general count and if it gets too far into the negative say, -2 true I dont double losses and usually sit out until it improves .
All appropriate doubles, splits are taken provided the count is somewhat neutral or positive.. profit goals and loss rules are not changed by this
Martingale Blackjack Forum Golf
These measures have rendered the Martingale systems ineffective in today's casinos. In a Martingale system the bet increases exponentially after each loss. Brian hawkins poker. Sycuan casino poker tournaments. The problem is that casinos establish betting limits on each blackjack table. For example, on a $5 blackjack table the minimum bet is $5 (one unit). The Martingale System for blackjack is premised on a player starting with a low entry bet which is then doubled every time a player encounters a loss. Classic Martingale for Blackjack. The classic Martingale system is original, the one described above. In blackjack, applying this betting system is very simple: start the game with the minimum bet; in case of loss, double the bet, and in case of victory — reduce it. Mini Martingale. Mini-Martingale is a variation of the classic strategy with. (Note from Arnold Snyder: To learn how to win at blackjack over the long run, with or without card counting, start with our Intro to Winning Blackjack.) Question from a Reader regarding the Martingale Betting System: I lost a substantial amount of my savings playing blackjack at casino name deleted in Atlantic City — almost $30,000.