Systems for Vegas?

Originally posted by OEXTRADER
. But, just like trading, the fluctuations can be big, so money management is important.
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A simple money management approach for non pros.....play basic strategy (like on the little cards you can get as mentioned). Then play a unit progression. Whatever your bets are, think of them as units.
For example, if you are starting with $5 bets, then one unit =$5.

Bet this progression. 1,2, 3, 5.

If you win on the first bet, you bet 2 units on the next hand. Now you are pressing your bet (doubling). If you lose, you have lost one unit, and start over again. If you win that bet, go to 3 units. At 3 units, if you lose that hand, you still are even...you have not won or lost anything. If you win, then you are up 6 units. Bet 5, and if you win, you will be up 11 units. If you lose, you are still up one unit, and you start over again using the one unit you won. And if you win, then start again at one unit, and book some profits. Now you can lose 11 hands in a row before going into your stake.

Of course this is not a guaranteed way to win, but it simplifies money management by taking out any inconsistency. It just takes discipline, and it is easy to stick to. Not complicated, and this will also prevent you from "chasing" to get even if you are down. (A horrible way to play or to trade).

You will win and lose 4 hands in a row plenty of times. If you lose 4 in a row doing this kind of progressive betting, you will lose 4 units. If you win 4 in a row, you will make 11.

Good luck!
 
Originally posted by Thug_Life
1,2,3,5

Fibonnacci sequence!!!!!!!!!!!!!
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Yes, as a matter of fact it is. Just trying to keep it simple though.
 
You wont beat anything, but my friend and I went to a local casino a few years ago and played craps, I bet pass he bet dont pass. It was boring as hell but they comped us well and it didnt end up costing much.

Brandon
 
Originally posted by Brandonf
You wont beat anything, but my friend and I went to a local casino a few years ago and played craps, I bet pass he bet dont pass. It was boring as hell but they comped us well and it didnt end up costing much.

Brandon
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Bet all the place bets and the don't pass with an equal amount to your place bets total.

Bet 7&11 on come out role for insurance.

Press your place bets after taking taking winners equal to original total of place bets (or don't pass).

If the roll continues for a while you can make a killing. If the shooter rolls a 7 before you book profits, you should break even (or better if you can collect on just one or two place bets).

Your downside is really your 7 & 11 insurance bets on the come out roll. You can also bet a 12 if you want the action on a push.

Not a foolproof system, but like you and your friend, you can grind out the table for a long time and not risk much at all. And you could get lucky and do very nicely. It is dull, so breaking the discipline is the big danger. (as in so many endeavors).

Don...this is up your alley I would think....What is your take on this approach? You reading this stuff?
 
Originally posted by rs7

A simple money management approach for non pros.....play basic strategy (like on the little cards you can get as mentioned). Then play a unit progression. Whatever your bets are, think of them as units.
For example, if you are starting with $5 bets, then one unit =$5.

Bet this progression. 1,2, 3, 5.

If you win on the first bet, you bet 2 units on the next hand. Now you are pressing your bet (doubling). If you lose, you have lost one unit, and start over again. If you win that bet, go to 3 units. At 3 units, if you lose that hand, you still are even...you have not won or lost anything. If you win, then you are up 6 units. Bet 5, and if you win, you will be up 11 units. If you lose, you are still up one unit, and you start over again using the one unit you won. And if you win, then start again at one unit, and book some profits. Now you can lose 11 hands in a row before going into your stake.

Of course this is not a guaranteed way to win, but it simplifies money management by taking out any inconsistency. It just takes discipline, and it is easy to stick to. Not complicated, and this will also prevent you from "chasing" to get even if you are down. (A horrible way to play or to trade).

You will win and lose 4 hands in a row plenty of times. If you lose 4 in a row doing this kind of progressive betting, you will lose 4 units. If you win 4 in a row, you will make 11.

Good luck!
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Not trying to be disagreeable, but this can be a problem in Blackjack. It may work in more of a "50/50" game like baccarat or even betting the line in dice, but in blackjack you must only bet more when you have the odds in your favor, and less when you don't.

You're trying to get at most a 2-3% edge playing blackjack, and you get paid 50% extra when you get blackjack over the amount you lose, so you must maximize that occurance.

Since you get blackjack about 1 in 21 times, it makes sense to bet more when there are more big cards left, and not to just randomly bet extra when there are no tens left.

Again, this is so simple, I try to offer it free during our trading school....(since everyone is already in Vegas, they may as well learn how to make $$ at this as well)...:-)

Don
 
If the table is strong, shooters holding the dice and making numbers:

The odds are greatest that a 7 will be rolled, followed by the 6 and 8. You wait for a new shooter, don't place any bet, after the point is made wait 1 more roll and if they don't 7 out, than place a 2 unit bet on the 6 and 8. If you win, reduce your 6 and 8 bets to 1 unit and leave it up if you win or not. The worst that can happen at this point is breakeven, and of course you win every time the 6 and 8 are hit. Remove the bets after 5 consecutive rolls by that shooter.(the AVERAGE shooter holds the dice for 5 rolls)

If the table is weak, shooters 7 out after 1 or 2 rolls:

Place a bet on Don't Come, a bet on the 7 and the 11, and a bet on the 12. You figure the amounts to equal your Don't Come and numbers bets. The 7 is 5to1, 11 is 15to1, 12 is 30to1. For example your Don't come bet is $50, you bet $15 on the 7, $5 on the 11, and $3 on the 12. A total of $73. If the number is 4 or 10 place the odds behind your Don't Come bet.

Like trading, you're looking to follow a trend.
 
Originally posted by trade555
Did you ever meet anyone who makes a consistent income playing black jack on the side?
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Absolutely! We know several professionals who do well. As many of you out there may know, my brother made so much money at blackjack he had to go into the "real casino" of Wall Street. Both of us are "barred" from playing at most casinos. The casino's don't let you play if you know how to "read a book."

Don
 
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