Blackjack Betting Strategy – How Not to Lose Your Shirt

May 18th, 2010 by admin Leave a reply »

I’ve been hitting the casinos in Atlantic City since 1984, the year I got married. I chuckle at some of the gamblers down there who think that a bad streak just HAS to turn around or a lucky streak is going to go on forever. The casinos are littered with fools who think they can win in the long run…fools who usually go home broke and disgusted. My friend, you ain’t looking at one of those fools. In this article, I’m going to teach you a simple betting strategy for blackjack that should keep you from losing your shirt and maybe even have you going home with a nice little profit in your pocket. Or, you can just go on trying for that big score. It’s up to you.

First off, before I even get into betting strategy, do NOT go to the casinos to play blackjack unless you know your basic strategy like the back of your hand. Otherwise, you are looking to get taken…plain and simple. I won’t harp on the issue. Take it for what it’s worth to you.

Okay, here’s my simple betting system and the explanation of why it works as well as it does. Blackjack, when played with perfect basic strategy, only gives a slight advantage to the house. It isn’t quite an even game of chance but it’s close enough to it for our purposes.

Having said that, given two hands of blackjack, on an average, you will win one and lose one, or play the house relatively even. Over the long haul, you will lose because the house does have a slight advantage. That’s how they stay in business. So the key to beating them in the short term (you’ll never beat them long term) is to manage your bets in such a way that you CAN play the house even or even slightly worse than even and still come out ahead. How do you do this?

Let’s say we’re playing at a $10 minimum table. What you do is start out betting double the minimum. You’ll see why shortly. So you’re betting $20. If you win that bet, on your next bet you drop down to the $10 minimum. The reason is simple. According to the law of averages, you can’t expect to win two hands in a row. You might, but you can’t expect it. Therefore, by dropping down to $10 on the next bet, should you lose, take a look at what has just happened.

You won the first hand, lost the second hand, played the house even and YET, you walk away with a $10 profit. It’s basic math. If you do lose that second hand, you go right back to betting $20 and starting the progression all over again.

But what if you actually win the second hand? Then what? In that case, you will make your next bet $15.

Why $15?

The short explanation is that you don’t want to play the house three hands, win two of them and only have $10 to show for it. By betting $15, you will show a $15 profit for 2 wins, or $7.50 per win.

The complete regression betting system, as it is called, goes like this…

$20, $10, $15, $20, $25, $30, $35, etc.

You continue the betting pattern until you lose. Once you lose, you start all over again at $20.

If you lose 3 straight hands (I call it 3 strikes and you’re out) you walk away from the table.

This is the hardest thing for any gambler to do, but it is a MUST or you’re looking to get whacked at the tables. Losing streaks will occur.

Get used to them.

Aside from the above simple system, make sure that when you go to any table, you have at least 20 times the table minimum in your bankroll. So if you’re playing at a $10 table, bring $200 with you.

Do I have losing days? Yes. But in 25 years of gambling, I win more than I lose.

It is because of the way I bet and the discipline I have to walk away from the table when I start to lose.

You can join me, or join the ranks of the broke and disgusted.

It’s YOUR call.

To YOUR Gambling Success,

Steven Wagenheim

Tired of getting whacked at the blackjack tables? Want to turn yourself into a blackjack master? Read my review of Blackjack Secrets at # and start winning at blackjack TODAY!

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