Whats A 1 To 8 Bet Spread
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Whats A 1 To 8 Bet Spread
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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
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!
$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.
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).
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.
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.
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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Subscribe Now or login to your account Sports Betting More Search Frequently asked questions about sports betting Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020 . Yes . Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened in March 2020 . Yes . Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021 . Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021 . Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November 2020 election, which means it's on its way . No . Sports betting is not legal in South Dakota, but residents passed a bill initiative in the 2020 election . Yes . Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021 . Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021 . Yes . Tennessee sports betting was legalized in 2019 and launched in 2020 . Yes . Tennessee sports betting was legalized in 2019 and launched in 2020 . No . Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election . No . Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election . No . Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years . Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years . Iowa legalized sports betting in May 2019, becoming the 11th state to do so . Yes . Iowa legalized sports betting in 2019, becoming the 11th state to pass a bill . Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020, becoming the 15th state to offer wagering . Yes . Illinois passed sports betting legislature in 2019 and launched at physical sportsbooks in March 2020 . Colorado legalized in-person and mobile sports betting November 2019 after a bill was signed by the governor and then approved by voters . Yes . Colorado legalized in-person and mobile sports betting in November 2019 . Betting trends usually refer to what the public is doing . You have two choices, to follow the public or fade the public . Sports betting not only benefits each state, but it also gives fans another way to enjoy games . A sports betting model is a system that can identify unbiased picks to determine the probability for all outcomes in a certain game . A sports betting exchange allows bettors to bet against each other instead of through a bookmaker . The most important tip when betting on sports is to limit each bet to be between one and five percent of your bankroll . Contact Us About RotoWire Jobs Advertise Privacy © Copyright 2021 - Roto Sports, Inc . All Rights Reserved Partners: RotoPass Portions copyright by STATS LLC . Any commercial use or distribution without the express written consent of STATS LLC is strictly prohibited . Portions copyright Sports Info Solutions The spread, also referred to as the line, is used to even the odds between two unevenly matched teams . Bookmakers set a spread with the hopes of getting equal action on both sides of a game . For example, the Colts are a -3 point favorite against the Texans . The -3 points is the spread . If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet . If the Colts win by two points, you would lose the bet because they didn't hit the key number of three . The spread at -3 suggests the teams are fairly equal and maybe in this case, the Colts are only -3 because they are playing at home . Bookmakers see these teams as equal and expect to receive fairly even money from bettors . If these
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