Free Forum - covert playing for intermediates

thedonald

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May 3, 2004, 7:54:12 PM

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covert playing for intermediates

I realized i do not know as much about blackjack as i thought i did. i used to think it was just sitting down, counting and betting.

I play mostly local 6 or 8 deck games,S17, DAS except aces, DD any 2 cards with an 80% deck penetration at a 25-500 table. my bankroll is $15000. how should i adjust my bets (parlaying and bet adjmnt.)relative to a wong halves count to rob the casino blind.
thanks

kRis

Posts count: 334

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May 3, 2004, 9:42:49 PM

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Risk management

All the cover in the world may not help you. First you need to study the risk factor. You are severely under capitalized for most risk comfort levels. I do not think you should be playing at a $25 min 6 or 8 deck table with only a $15000 bankroll. Without doing the calculation your risk of ruin is at least 15% and this is without any cover play. You should be playing with $10 units for a 1/2 Kelly strategy. Stay away from a full Kelly assault unless you have access to another bankroll after your first is gone. Full Kelly is the quickest way to become one of the very many "ex-counters". Also, in the world of AP, there really is no such thing as "robbing the casino blind". We only wish it were so.

kRis

Posts count: 334

Topics count: 19

May 3, 2004, 9:45:44 PM

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Also,

I was assuming a 12-1 bet spread. You need at least this to beat a shoe game.

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covert playing for intermediates