Hi All:
Many thanks for the replies on my other thread (below) of this title.
However it didn't really take off in the direction I'd hoped, probably because I failed to provide enough background info. SO... this is a reboot & maybe this time will go the right way ;-)
Basically (and sadly) I'm not asking for my own account. I don't have the 100K bankroll for myself (would be nice) although I am a pretty experienced, long time amateur counter. I'm asking for help on this because a good friend of mine who is a decent basic strategy player, who knows I know more about counting than he does, has come into this money via inheritance and is looking for a good "business" to invest it in. He has other income and does not "need" this money, but doesn't want to put it with his other investments or the stock market or etc.
So he is considering "Playing Blackjack As A Business" for it. He's not really happy in his current job (auditor for county gov't) and actually expects to be laid off soon.
He and his wife are together considering acting as a team with this bankroll. He's got a good head for numbers and I am reasonably sure I can train him to be a capable counter in a few months of full time work. He's offering to pay me for this training, and maybe to become part of this little team as well.
Ideally, what they'd like to be able to do is...
1. Put the whole 100K into the project, so figure unit size up to maybe $500... probably less... he'd play green minimum for sure and probably black most commonly, up to purple (?)
2. They live in a midwest city with choice of 3 casinos locally, possibly a 4th near, and maybe 2-3 Native-American stores within a couple hours drive. Double deck not likely, decent 6-deck with acceptable pen, S17, other okay rules, usually $25-$50 minimums for the decent tables (lower is CSM's and H17 crap, etc). A few trips to Nevada a couple times a year might work into the plan but day-to-day they will work only in the local casinos within daily driving times to minimize travel time and costs and related expenses.
3. Ideally, if possible, to make this business plan appealing to them, they'd LIKE to have an expectation of earning 1-2 units per day with unit size PURPLE... i.e. $500 to $1000 per day. If this is possible, say target $5K weekly or $20K per month then they're doubling the 100K bankroll about every 5 months, or call it 6 months for rounding convenience, twice a year they can 'break the team bank' and take out the 100K... netting 200K yearly income in the business.
My question is, thus (if y'all are still with me here reading this far, LOL)
A. What counting method will get them as much edge, as easy as possible, to make this work? Do they have to go full Hi-Lo with TC conversion OR would an easier unbalanced count system like KO or Red7 work for them well enough, with their higher bankroll in effect? (I'm thinking here that "easier" is worth more for them for increased accuracy, less mistakes, than absolute mathematical best-possible-edge...)
B. What bet size, really, with this bankroll and what RoR (fraction of a percent, up to maybe 10-15% may be acceptable to them in considering this as a business investment) should they be figuring on?
C. Related to B, what spread should they try to get away with... OR maybe better to try and play a back-counting-only strategy with just big plunger bets in all-positive-EV situations??
D. Anything else I'm overlooking in trying to put together a complete and thorough analysis for them?
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Whew... that's it. So... OK, thanks for all replies and advice. And thanks again for the OTHER replies in my first thread post on this topic. That info WAS useful but I hope this thread will be more specific and analytical and less flame-y, LOL :-) .
