u/JobImpossible6636

expert advice needed on blackjack table

Hi Experts ,

Need your valuable advice on a game

I made a deal with a casino in South Asian country

Here are the table rules in Black jack.

  1. European No-Hole-Card Rule Table (does not peek for dealer Ace).

  2. Dealer Hits on soft 17.

  3. 3 times Split is allowed on all cards.

  4. Ace split is allowed one time , with only only card delt after split (no hitting split aces).

  5. Double after split is allowed.

  6. Late Surrender allowed on all cards expcept ACE.

  7. Black jack wins pays 3:2.

  8. 6 Deck is used in the game with 65-70% penetration.

Now coming to the casino deal made.

  1. Its a high limit private table , no other players are allowed to play in this table.

  2. The minimum purchase per entry is $200,000.

  3. The miminum bet should be placed is $5,000 on one atleat box, not below that.

  4. I can play upto 3 boxes , the max limit per box is $10,000.

  5. Coming to the rewards , I have to complete a target of betting 7 times of the purchase amount ( i.e 200,000 * 7 = $1,400,000), Once this is completed I will be paid a reward of 1.5% of the total betting approx $21,000 on this, or losing commision on 10% of the losing amount ( any one is paid)

  6. The rewards will not be paid after that ( i.e if i get that $21,000 reward i will be not be paid reward after any bets placed)

  7. on tracking the bets , ( all bets expect push bet is tracked , i.e , wins , lose and surrender bets are tracked , push bet is not tracked )

Now coming to my expertise

  1. I can play a 100% basic stratergy without any mistakes

  2. HI LO Card counting can done , but I make mistakes most of the time, still required more practice on this.

Now coming to the bankroll mamangement

  1. My total bankroll is $500,000 , strictly will not lose more than that,

  2. My each trip bank roll is $200,000 , but can be extended to $300,000 per trip

  3. Since it is a newly opened casino , I hope they will not extend the deal for more that 6 months

  4. I can visit 2 trips in a month ,

  5. So on a total 12 trips can be made on total.

  6. Please note , since its a private table , I have to make a minimum bet all the time even is the running count is worse , I cannot skip that , however I can increase the bet to max 6 units as 2 units / box in 3 boxes ona a high count.

I know its a +ve expectancy game , now the problem is the bankroll management , i can play maximum of 280 hands with minimun bet to get the comission, and the variance is too high , so the ROR is coming around 80%

Since the game can be expected to played only 12 trips , suggest me a good playing method witha proper bankroll management.

reddit.com
u/JobImpossible6636 — 3 days ago

Expert advice needed on high limit blackjack table

Hi Experts ,

Need your valuable advice on a game

I made a deal with a casino in South Asian country

Here are the table rules in Black jack.

  1. European No-Hole-Card Rule Table (does not peek for dealer Ace).

  2. Dealer Hits on soft 17.

  3. 3 times Split is allowed on all cards.

  4. Ace split is allowed one time , with only only card delt after split (no hitting split aces).

  5. Double after split is allowed.

  6. Late Surrender allowed on all cards expcept ACE.

  7. Black jack wins pays 3:2.

  8. 6 Deck is used in the game with 65-70% penetration.

Now coming to the casino deal made.

  1. Its a high limit private table , no other players are allowed to play in this table.

  2. The minimum purchase per entry is $200,000.

  3. The miminum bet should be placed is $5,000 on one atleat box, not below that.

  4. I can play upto 3 boxes , the max limit per box is $10,000.

  5. Coming to the rewards , I have to complete a target of betting 7 times of the purchase amount ( i.e 200,000 * 7 = $1,400,000), Once this is completed I will be paid a reward of 1.5% of the total betting approx $21,000 on this, or losing commision on 10% of the losing amount ( any one is paid)

  6. The rewards will not be paid after that ( i.e if i get that $21,000 reward i will be not be paid reward after any bets placed)

  7. on tracking the bets , ( all bets expect push bet is tracked , i.e , wins , lose and surrender bets are tracked , push bet is not tracked )

Now coming to my expertise

  1. I can play a 100% basic stratergy without any mistakes

  2. HI LO Card counting can done , but I make mistakes most of the time, still required more practice on this.

Now coming to the bankroll mamangement

  1. My total bankroll is $500,000 , strictly will not lose more than that,

  2. My each trip bank roll is $200,000 , but can be extended to $300,000 per trip

  3. Since it is a newly opened casino , I hope they will not extend the deal for more that 6 months

  4. I can visit 2 trips in a month ,

  5. So on a total 12 trips can be made on total.

  6. Please note , since its a private table , I have to make a minimum bet all the time even is the running count is worse , I cannot skip that , however I can increase the bet to max 6 units as 2 units / box in 3 boxes ona a high count.

I know its a +ve expectancy game , now the problem is the bankroll management , i can play maximum of 280 hands with minimun bet to get the comission, and the variance is too high , so the ROR is coming around 80%

Since the game can be expected to played only 12 trips , suggest me a good playing method witha proper bankroll management.

reddit.com
u/JobImpossible6636 — 3 days ago