blackjack hi lo betting strategy trainer online

Professor Kelly and other scientists have proven both mathematically and in practice that this “Kelly Criterion” is the most profitable long-run method of wagering. Kelly in 1956, the optimal betting method is to bet a percentage of your total bankroll that corresponds exactly to the percent advantage you have at any particular time. Trusting for now that you can gain an advantage with a counting system, the real question becomes: How should you bet in order to maximize your profits while minimizing your risk? Once again, the mathematicians have answered this one for us. The World’s Greatest Blackjack Book does a nice job explaining the Kelly Criterion: As such, it is important to play at tables that have low enough minimums for players to capitalize when odds are favorable. Many players do not have a $2,500 bankroll.

For example, if the true count and the table rules indicate that the player has a 2 percent advantage and the bankroll is $2,500 then the bet should be 2 percent of $2,500 or $50. The Kelly Criterion says that if a player knows his advantage then he should bet that percentage of his bankroll. The true count is fully explained in our blackjack card counting section. The true count is what determines our advantage and ultimately the amount we should bet. It makes sense for players to bet large amounts when the odds are in their favor. Why the Blackjack Betting Strategy MattersĪs the composition of the shoe changes, players are more or less likely to get blackjack based on the number of big cards left to be dealt out. Why the Blackjack Betting Strategy Matters.

Blackjack hi lo betting strategy trainer online