1. How To Bet Blackjack Chart
2. Blackjack Table Bets
3. Minimum Blackjack Bet In Las Vegas
4. Blackjack Bet Online
5. How Much Should You Bet In Blackjack

The first thing that you need to understand about betting in blackjack for money is the table minimum. This is the minimum amount of money that you must wager in order to play the game. In a live casino this amount is rarely less than $5 and often as high as $10 on the busy days. Depending on when you get there the tables can change. I have been multiple times, and can tell you that normally it is 15 dollar tables and obviously goes up from there. Bet Spread: The amount of the maximum and minimum bets a player is making during a blackjack playing session. A 1-5 bet spread means that the player is betting a minimum of 1 unit per hand and a maximum of 5 units per hand. When counting, the larger the spread the more money you expect to make. Most Vegas casinos have a $5 minimum, with some luxury resorts requiring $10. Follow this link for full answer. However, what is the minimum bet for blackjack in Vegas? The casino has 6 tables of 6:5 blackjack and more than 50 tables of 3:2 blackjack all ranging from 2 to 8 decks. The minimum bets are only $5 or $25, so if you're a blackjack beginner and want a little practice before moving.

Blackjack.It’s one of the most even odds game you’ll find in a casino short of flipping a coin.Assuming the house rules are favorable, the house edge when playing perfect blackjack strategy is as low as 0.5% (you’ll lose ½ cents for every dollar you bet).

I’m sure it’s common knowledge to much more experienced gamblers out there but it was neat when I finally caught on to one of the reasons for having a Maximum Bet set on a blackjack table.You’d think that a casino would want to let someone bet as much money as they’d like to lose on a table game, right?

To those not familiar, when looking at a blackjack table in a casino you can always find the minimum and maximum bets allowed.These will usually be in a range such as $10 minimum and $1,000 maximum (10/1000).So why would the casino want to limit how much they’re willing to let you lose?

Well, because of an old 18^th century French system of betting that gives you a nice advantage (provided you’re rich enough) called the Martingale System.

For simplicity’s sake, let’s assume we’re basically talking about a 50/50 chance of you winning a hand.The basic idea behind the Martingale system is that every time you lose a hand, you double your previous bet.In this way, once you eventually win, you’ll gain back all of your previous losses, plus a winning from the original bet.I actually used a modified version of this for fun at the casinos where you double your previous bet and add the initial bet to it.In this way, once you finally win your hand you’ll not only win back all of your losses, but you’ll also win the initial bet amount for each of the hands you lost as well.

Let me illustrate.Assuming you lose hands, your bets would look like this (assuming an initial bet of $10):

• $10
• $30 (double previous bet: $20, add initial: $10)
• $70 (double previous: $60, add initial: $10)
• $150
• $310
• $630
• $1270
• …

Which is tantalizing in theory, because if we were tossing a coin we know that eventually it would have to come up a win. Right?At that point we’d win all our money back and be richer by N bets x $10!

Well, yes, and that is why there’s a maximum bet limit on tables - so that you can’t walk in with an infinite bankroll and just eventually win all the time.You’ll notice that if we use the example I mentioned earlier of $10/$1,000 as the min/max, that you could only lose up to six hands before you wouldn’t be able to recover your losses anymore!

You’d also have to bring $630 + $310 + $150 + $70 + $30 + $10 = $1,190 to the table to play with.

So the real question is - how likely are you to lose six straight bets?Probably more likely than you’d be comfortable with but basically in 100 bets, there’s about a 54.6% chance that a run of 6 losses will occur.

I know from past experience that this is way too often for my blood. :)

So it turns out that casinos will usually have their min/max bet ratio set to keep it around not more than six doubling bets.(Otherwise, I’d be making a fortune and long since retired on my own private island!)

How To Bet Blackjack Chart

One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got severaloptions and I'll discuss them in this article and offer my recommendation.

Flat Bet Blackjack Strategy

This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also, playersfeel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.

Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against theskilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course, the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you canexpect over time to lose at the rate of $4 per hour.

Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player'sbankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.

Watch 'Why You Should Never Make the Blackjack Insurance Bet with Blackjack Expert Henry Tamburin' (March 2016)

In this video blackjack expert Henry Tamburin explains why a basic strategy player should never make an insurance bet. He gives details on three different situations that a player may encounterand why he considers blackjack insurance to always be a sucker bet.

Progressive Betting Blackjack Strategy

This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than alwaysbetting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet dependingupon whether the hand you just played won or lose.

Win progressions encourage you to increase your bet size after a winning hand. For example, you make a minimum bet of $10 and if you win, you raise your next stakes on the hand to $20.

There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand butas soon as you experience a loss, you start the progression over with a 1 unit bet.

Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course, what theydon't tell you is that you never know when that 5 consecutive winning hand streak will occur.

There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progressions are dangerous and you should never consider using them.

There are also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. Thecreativity of progressive bettors is never-ending.

First of all, the blackjack strategy for betting progressions does not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (orlost) and your chance of winning the next hand. In other words, using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So bettingprogressions, in the long run, don't work in the sense that they won't improve your long-term chances of winning.

But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using abetting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casino's expected win is 0.5% of $1600 or $8. Inother words, a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.

Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduceyour average bet to $10 per hour and cut your hourly theoretical loss rate in half.

But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works?That, my friends, is card counting.

Betting When You Have The Edge (Card Counting)

With card counting, you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. Sounlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small valuecards were played in previous rounds, there are more big value cards left in the unplayed cards, and the edge shifts from dealer to the player. This would be the best time to bet more.

But I'm a realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count cardcounting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat The Dealer (circa 1962) firstrevealed card counting to the masses, the number of players who can successfully win money in the long run at blackjack number in the hundreds and thousands.

Blackjack Table Bets

So what's the answer to betting at blackjack for the average player? I asked Don Pronovost that same question about four years ago. Don is a software developer that markets blackjack trainingsoftware. He spent the better part of two years and a trillion computer simulated hands looking for the solution to this dilemma. What he developed is Speed Count.

Minimum Blackjack Bet In Las Vegas

Speed Count is unlike any conventional card counting system. It's much simpler to master and requires much less concentration when you play. And unlike progressive betting systems, Speed Countwill give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution.

Blackjack Bet Online

Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.

Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of theUltimate Blackjack Strategy Guide and was editor of theBlackjack Insider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin

How Much Should You Bet In Blackjack

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