Blackjack Bet Big Or Small
Blackjack side bets add a layer of complexity to the game, though at much greater risk. In this article we’ll take a look at the different side bet options, how they are structured and what side. Blackjack side bets add a layer of complexity to the game, though at much greater risk. In this article we’ll take a look at the different side bet options, how they are structured and what side.
Why is it that every great bargain these days seems to come with a derisible catch? Get a free cup of coffee (when you buy a dozen over-priced donuts); save $10 on your next shopping order (for spending $200 on non-sale items)…
There’s a similar offer on the blackjack tables at one Las Vegas Strip casino. If you walk into The Riviera and traverse the casino gaming floor long enough, you’ll find a few blackjack tables with $1 minimum bets.
You might expect these tables to be packed with players at all hours, with lines stretched out the door, but that’s not the case. That’s because the rules of the game are so bad and so disadvantageous to the player, that they might not even be worth the effort.
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Why $1 Blackjack Tables In Vegas Are A Bad Deal
Most land-based casinos, on or off the Vegas Strip, offer 3:2 payouts for a natural blackjack. Those that present 6:5 payouts are considered the worst in the business because it adds nearly 2% to the house edge. And of course, that’s what these $1 blackjack tables are advertising.
However, you have to read the fine print on the table, because you’ll only receive the terrible 6:5 payout if you wager $5 or more on the hand. Placing a $1 bet will only payout even money for a blackjack.
That’s the worst part of the game’s rules, but there are more negative aspects worth mentioning. The games are played with a 6-deck shoe that is constantly reshuffled after each and every hand. You can forget about trying to count cards, and the chance of being dealt a blackjack in the first place is pretty slim (not that you’ll gain much from it).
To make matters worse, the blackjack rules require the dealer to Hit a soft 17. That’s also bad for the player, adding about 0.2% more to the house edge. The only good aspect is that players have the option of doubling down after a split.
But in the end, the house edge on this blackjack game is about 2.9%. Those are terrible odds when compared to a traditional 3:2 blackjack game, where a decent strategy can reduce the casino’s edge to around 0.5%.
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1 | BONUS 280% up to $14,000 | BLACKJACK GAMES8 | ||
2 | BONUS 225% up to $12,250 | BLACKJACK GAMES8 | ||
3 | BONUS 300% up to $6,000 | BLACKJACK GAMES12 | ||
4 | BONUS 250% up to $12,500 | BLACKJACK GAMES8 | ||
5 | BONUS 100% up to $3,000 | BLACKJACK GAMES22 |
Picking a trusted site is key to enjoying your online gambling experience. All the online casinos in the table above are reputable sites that have been verified by our team of experts. They all have one or more games of blackjack that allow $1 minimum bets.
Here is a closer look at the blackjack offering at our top recommended online casino.
1 Dollar Blackjack At Las Atlantis
At Las Atlantis Casino, you get to pick between the following blackjack games – all of which allow you to join the game with a $1 bet:
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If Blackjack is your game of choice, you can start by betting only $1 and only raise your bets once you gain some experience and manage to increase your bankroll.
For more information about online blackjack in the United States, read our Safe USA Blackjack page.
One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got severaloptions and I'll discuss them in this article and offer my recommendation.
Flat Bet Blackjack Strategy
This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also, playersfeel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.
Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against theskilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course, the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you canexpect over time to lose at the rate of $4 per hour.
Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player'sbankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.
Watch 'Why You Should Never Make the Blackjack Insurance Bet with Blackjack Expert Henry Tamburin' (March 2016)
In this video blackjack expert Henry Tamburin explains why a basic strategy player should never make an insurance bet. He gives details on three different situations that a player may encounterand why he considers blackjack insurance to always be a sucker bet.
Progressive Betting Blackjack Strategy
This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than alwaysbetting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet dependingupon whether the hand you just played won or lose.
Win progressions encourage you to increase your bet size after a winning hand. For example, you make a minimum bet of $10 and if you win, you raise your next stakes on the hand to $20.
There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand butas soon as you experience a loss, you start the progression over with a 1 unit bet.
Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course, what theydon't tell you is that you never know when that 5 consecutive winning hand streak will occur.
There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progressions are dangerous and you should never consider using them.
There are also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. Thecreativity of progressive bettors is never-ending.
First of all, the blackjack strategy for betting progressions does not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (orlost) and your chance of winning the next hand. In other words, using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So bettingprogressions, in the long run, don't work in the sense that they won't improve your long-term chances of winning.
But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using abetting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casino's expected win is 0.5% of $1600 or $8. Inother words, a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.
Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduceyour average bet to $10 per hour and cut your hourly theoretical loss rate in half.
But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works?That, my friends, is card counting.
Betting When You Have The Edge (Card Counting)
With card counting, you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. Sounlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small valuecards were played in previous rounds, there are more big value cards left in the unplayed cards, and the edge shifts from dealer to the player. This would be the best time to bet more.
But I'm a realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count cardcounting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat The Dealer (circa 1962) firstrevealed card counting to the masses, the number of players who can successfully win money in the long run at blackjack number in the hundreds and thousands.
So what's the answer to betting at blackjack for the average player? I asked Don Pronovost that same question about four years ago. Don is a software developer that markets blackjack trainingsoftware. He spent the better part of two years and a trillion computer simulated hands looking for the solution to this dilemma. What he developed is Speed Count.
Speed Count is unlike any conventional card counting system. It's much simpler to master and requires much less concentration when you play. And unlike progressive betting systems, Speed Countwill give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution.
Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.
Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of theUltimate Blackjack Strategy Guide and was editor of theBlackjack Insider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin
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