--- In vpFREE@yahoogroups.com, "Mickey" <mickeycrimm@...> wrote:
>
> You have $1000 and intend to play blackjack until you double the $1000 or go broke. This particular blackjack game has a theoretical return of 99.6% with basic strategy. You know basic strategy but don't know how to count cards. You will be the only one playing and the deck will be shuffled after every deal.
>
> What is the optimal bet sizing to give you the best chance to double the $1000?
>
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Pretty easy (I think). Bet once - $1000. If U bet less every time U R playing @ 99.6%. I'm not taking into account chances 2 double & BJ, etc. so I cud B wrong.
While we're on the subject. I read about martingale quite a bit, but I've never heard this discussed. When I 1st went to Vegas in mid-70's I took w/ me a martingale system I came up w/ on my own. I had read "beat the dealer" & didn't want to count cards. It worked for the most part betting $2/hand.
I've done it on occasion over the years, but don't do much BJ these days. I certainly understand why martingale won't work on games like roulette, craps, etc. over the long haul, but when playing BJ & you've lost several bets....Ur @ say $250/hand cuz of losses. U get a BJ, paying 3:1 or U have a chance to double ur bet, which U don't do unless U R favored to win the hand. If U do win or have BJ, U get considerably more that ur original bet back. If U do, U of course start over. If U don't U again double bet. I realize U probably have a top limit, but if U got $$$ & guts enuff U just bet the max as many times as it takes to win, which U shud do eventually assuming ur playing a game where the house has a 1% or less edge.
Seems to me it shud still work...it has 4 me in limited tries. I never see this discussed. Wud B interested in others comments.
Now off to local casino, to a VIP party to meet new owners. Shud B pretty interesting 2 C what Delaware North does w/ Jumers, in my mind the best casino in Midwest, & better than most in Vegas 4 small player.
