Wagering and Bankroll play an important roll in card counting. First, a card counter knows he must raise his bet when the odds are in his favor. Second, a counter must have a large enough bankroll to weather a losing streak. Remember a statistical advantage is only evident in the long term. Short term you can lose and often do.
Bankroll.Your bankroll is the starting amount of money you sit down to play blackjack with. Generally, the minimum bet (and therefore the maximum bet) is determined by the bankroll. Again, you must have sufficient funds to continue through a losing streak.
An average minimum bet is 10% of your bankroll. If you have $100, you must bet $20, or better, in order to protect your bankroll from ruin.10% of $100 is $2. If you lose a bet, you move down a level. If you win a bet, you move up a level. You never bet on a level unless you have reached your maximum bet, which should be less than 10% of your bankroll.
This bankroll concept is key to winning at blackjack. You must enough money in your bankroll to ride out a losing streak. Betting too little too often is a quick way to lose. When you take your winnings out, you are playing with only half the amount you started with, which puts you at risk of going broke.
For example, if you start with $100, play with only $75. This way, if you lose, you still have half of what you started with, and if you win, you still have winnings. You would play $20, $50, or $100 in order to protect your bankroll from going broke.
One of the most detrimental aspects of playing blackjack is going on tilt. When you go on tilt, you are no longer thinking straight. You make bad decisions. You are no longer focused. You are attacking your opponents instead of thinking about your opponents.
When you suffer a bad beat, or you feel that you have been victimized by bad luck, and you allow your emotions to get the best of you, you are giving your money away to your opponents. Bad beats are part of the game. You must deal with them as best you can. If you are not experienced with handling bad beats, do not play at that table. If you are not sure how to deal with your own emotions, do not sit at that table.
Another important aspect of playing blackjack successfully is knowing how to manage your money. Do not go to a table if you are not ready to play and do not set a money limit on each session of play. Review your bankroll before each session of play. During a reload bonus, the casino gives you a bonus based on the amount of money you have in your account. You should play long enough to reach the playthrough requirement, which is the amount of times you must play before being able to cash out. Most casinos will not allow you to cash out until you have played long enough, but if you are having trouble reaching the playthrough requirement, do not play.
You must remember that while blackjack is a game based on mathematics, there is still an element of luck involved. The more you know about the game, the better you will be able to play and the more effectively you will be able to influence the odds in your favor.
The skills that you learned in this article should enable you to find a profitable table quickly and easily. Once you know what to look for and how to find it, your blackjack experience will have paid off.