Blackjack Betting Strategy

While the players win in the long run, they could lose any one hand and that is why they are betting an amount that is in proportion to their advantage. The players are maximizing the gains while minimizing the risks. The proportion of the bet according to the true count is called the Kelly Criterion.

When the player has an edge of 1%, he doesn’t bet 1% of the bankroll necessarily. The player must tune the strategy considering also the impact of splitting and doubling.

For a game of 6 decks with the rules that you know from above the optimum bet is 76% of the player’s advantage. Here’s a table of optimum bets that applies well for most multi deck games also.

By using this table, you can determine the optimal bet for any bankroll; just multiply the figure in the last column by the amount of the bankroll. Thus, for a bankroll of $3000, the optimal bet for a true count of 2 is .0038 X $3000 = $11.40.

There are some things that are linked with the betting table.

1. First, you can’t bet in units of less than 1$, so the bets should be rounded off.
2. Second, you should bet in until of 5$ to make you look like an average player and deflect the attention of the casino personnel.
3. Third, it is not possible to reconfigure the betting schedule while playing because of the continuous changes.
4. Fourth, it is not possible to play only at shoes with a true count of 2 and higher. All these things have a negative impact on your winnings and you should play to minimize the losses here.