Bet Spread Blackjack

Bet Spread Blackjack

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Spread-Bet Blackjack

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I noticed Spread-Bet blackjack at the Cammegh booth at the 2018 Global Gaming Expo. It is a set of three side bets, based on the sum of the player's initial two cards.
Following are the rules of what I will call Version 1.
Version 2 is the same as Version 1, except a player "Royal Blackjack" is a push. A Royal Blackjack is defined as an ace and any face cards.
The following table shows my analysis of the 2 or 3 bet under Version 1, where a player blackjack is a loss, based on six decks. The lower right cell shows a house edge of 10.44%.
The following table shows my analysis of the 4 or 5bet under Version 1, where a player blackjack is a loss, based on six decks. The lower right cell shows a house edge of 9.13%.
The following table shows my analysis of the 6 to 9 bet under Version 1, where a player blackjack is a loss, based on six decks. The lower right cell shows a house edge of 7.69%.
The following table shows my analysis of the 2 or 3 bet under Version 2, where a player blackjack is a push, based on six decks. The lower right cell shows a house edge of 6.88%.
The following table shows my analysis of the 4 or 5 bet under Version 2, where a player blackjack is a push, based on six decks. The lower right cell shows a house edge of 5.57%.
The following table shows my analysis of the 6 to 9 bet under Version 2, where a player blackjack is a push, based on six decks. The lower right cell shows a house edge of 4.13%.
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A subreddit dedicated to the card game Blackjack for counters and casual players alike!
I see posts where people discuss this is bad, this is good, 1 to 12, 1 to 8. I understand that bet spreads differ based on rules and how much risk you want to take. I'm a good card counter, I bet more when count is high and less when count is low. But I don't follow any rule on how much i should bet.
So, my casino has 6 deck, min bet there is 10. Can you explain me what exactly 1 to 12 bet spread would mean there in plain English? Any random example would work. Please don't say "it depends", I'm just trying to understand what that means.
Bet spreads are the spread of your betting amounts. So if you’re playing at a $10 minimum table, a “1-12 bet spread” would mean that your minimum bet is $10 and your maximum bet is $120. So when the true count is below a 1, you always bet $10.
The part that actually does “depend” is how much you bet when the true count is at or above a 1. But basically, as the true count gets higher, you bet more, until it is eventually high enough that you’re betting $120/hand.
1-12 is a fairly aggressive bet spread. 1-8 is fairly conservative. That simply refers to the risk you’re taking. The more you vary your bet sizes (aka the more aggressive the bet spread), the more attention you will draw from the floor staff.
So in above example, 1 to 12 bet spread doesn’t really say how much you should bet at , say, tc of 4, right? That’s kinda thing i need to figure out for myself depending on how much risk im willing to take? Is this something legit (regardless of risk taken): at tc 1.5 i do 2xmin bet, at tc 2 - 3xmin bet, at tc 2.5-4xmin bet, and so on until i reach my max bet of 120? Or is there something that bet spread is suggesting to bet on different tc
$10 minimum so $10 is 1 bet. $20 is 2 bets, $50 is 5 bets. $100 is 10 bets. a 1-10 spread means you are betting $10 at the absolute minimum and $100 max. Also if you are a good counter then it is time to get some structure and learn when to bet 2x 5x 10x etc.. don't just do it by gut. BJ and counting is a game of math, emotion has no place.
Also to consider: your EV will go up if you multi hand, and this for different reasons, one being that your chances of getting a natural 21 compared to the dealer getting one are n/(n+1) where n is your number of hands.
Your 21 pays you 3:2 while the dealer's "pays" him 1:1.
Also if you play with another player at the same table, multi hands means you will benefit more from a positive count shoe.
If you cannot multi hand because the table is full, you are not playing in good conditions.
You might want to look into some of the literature or get CVCX to better understand when you want to bet different amounts. You may be good at counting and get the concepts behind counting, but without a good grasp of when to bet certain amounts you're putting yourself at risk of lowering your expected value and raising your risk of ruin.
A 1-12 bet spread in your example using table minimum as your minimum bet:
So, negative counts you’re betting 1 unit, or $10. Your top TC count max bet, if your spread is 1-12, would be $120.
Or just Wong completely out of negative counts and Wong back in at a True +1 or True +2! Cut back on paying that table rent!
What my exact bet spread should be was something I was trying to work out a few years ago too. I can't remember where I read this but someone put it this way:
Putting your bankroll, variance and heat aside, the most profitable bet spread would be to bet nothing when you don't have an edge (below TC of +1 depending on the game) and the table max when you do have the edge.
There are two problems with that: 1. You may not have the bankroll to handle the ups and downs (variance) and 2. They will kick you out.
For variance with respect to your bankroll, that's where Kelly Criterion comes in (google it). That can tell you what you should bet depending on the count and your bankroll so that you don't go bust.
Like someone already mentioned, the CVCX software is a much better way of figuring out your bet spread. You put in what kind of rules you're playing, what you want your spread limits to be (i.e 1-12), your betting unit and your bankroll and it will give you a bet at different counts.
The thing to remember is that your bet at a particular count does not need to be exact. Just don't bet more when you don't have an edge. If your spreads are too conservative, you won't make any money. If they're too aggressive, you might overbet your bankroll or you might get kicked out.
Someone also mentioned spreading to two bets. That's a good idea. Don't quote me on this but it smooths out your variance on those hands by 50% I think.
On a $25 game when I'm not being timid (I have a problem with that) my spread will be something like: $25, $50, 2x$50, 2x$100, 2X$150 and maybe 2x$250 if things are going well and the count is going even higher.
Another thing is that you need a larger spread to beat games with worse rules & penetration. If you find a 2 deck game with a good cut, S17 and surrender (good luck finding that), 1-8 might be enough but you will probably need 1-2 for a 6 deck with 1.75 decks cut off, H17 and no surrender.
The bigger thing here is really that if your bankroll can afford max bets on a TC of +1, you’d have a higher EV playing at higher stakes (and a variable bet spread to compensate).
But I don't follow any rule on how much i should bet.
He means he is good at keeping count I guess but a viable AP needs to do all the below to be successful:
Perfect basic strategy + deviations
Perfect at finding and exploiting good conditions
Otherwise, remain a weekend warrior playing red chips, which is fine, you're still a card counter and you're getting mileage. Play rated, enjoy your comps.
If you really want to dumb it down, then your bet spread is determined from the top down, not the bottom up. So you set your max bet at 1% of your bankroll and work your way down. If you want to get more scientific then you bet somewhere between 30% to 70% of your advantage. You would never bet more than 70%, since this is full kelly any and more is counterproductive for the purposes of bankroll growth. You could bet less than 30%, if you were particularly risk-averse.
Bet spread is kind of sandwich you can find on menu at casino lobby. You can order from the drink server when you are playing blackjack.
Or BET Spread could be a risqué dance move common on the BET channel I guess?

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In the current article we present the relative value of the Wonging style of play, given a number of circumstances. All the numbers in the following tables are based on the betting units required and the dollar-denominated bet sizes, so that a player could operate to a risk of ruin of 5% by using a bankroll of $10 000.
One will not be able to use at a casino the precise betting units in the tables, but what he/she could do is to approximate the respective unit to the closest whole-dollar amount and modify his/her bankroll in an according manner. In the first table, the four-deck game with H17, DAS and 75% penetration level has a betting unit of $26.11 and 383 units required for a bet spread of 1-4 units. If one is to place $26 bets, then his/her bankroll should be $9 960, in order to maintain a risk of ruin of 5%. His/her expected profit will be $33.80 per 100 hands. This profit figure is calculated by dividing the earnings per hour ($33.94) by the unit size ($26.11) and multiplying the result by the unit one will use in actual play ($26). Or, (33.94 / 26.11) x 26 = $33.80.
The two tables above concern only four-deck games with the respective rules and penetration level. In this case we have the following:
1. For a bet spread of 1-1 unit, the player should bet 0 units for all true counts below +1 and 1 unit for any true count of +1 or higher;
2. For a bet spread of 1-2 units, the player should bet 1 unit at a true count of +1 and 2 units at a true count of +2 or higher;
3. For a bet spread of 1-4 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 3 units at +3 and 4 units at a true count of +4 or higher;
4. For a bet spread of 1-6 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 6 units at +4 or higher;
5. For a bet spread of 1-8 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 8 units at +4 or higher.
The four tables above concern only six-deck games with the respective rules and penetration level. In this case we have the following:
1. For a bet spread of 1-1 unit, the player should bet 0 units for all true counts below +1 and 1 unit for any true count of +1 or higher;
2. For a bet spread of 1-2 units, the player should bet 1 unit at a true count of +1 and 2 units at a true count of +2 or higher;
3. For a bet spread of 1-4 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 3 units at +3 and 4 units at a true count of +4 or higher;
4. For a bet spread of 1-6 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 6 units at +4 or higher;
5. For a bet spread of 1-8 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 8 units at +4 or higher.
The two tables above concern only eight-deck games with the respective rules and penetration level. In this case we have the following:
1. For a bet spread of 1-1 unit, the player should bet 0 units for all true counts below +1 and 1 unit for any true count of +1 or higher;
2. For a bet spread of 1-2 units, the player should bet 1 unit at a true count of +1 and 2 units at a true count of +2 or higher;
3. For a bet spread of 1-4 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 3 units at +3 and 4 units at a true count of +4 or higher;
4. For a bet spread of 1-6 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 6 units at +4 or higher;
5. For a bet spread of 1-8 units, the player should bet 1 unit at a true count of +1, 2 units at +2, 4 units at +3 and 8 units at +4 or higher.
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