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.
European No-Hole-Card Rule Table (does not peek for dealer Ace).
Dealer Hits on soft 17.
3 times Split is allowed on all cards.
Ace split is allowed one time , with only only card delt after split (no hitting split aces).
Double after split is allowed.
Late Surrender allowed on all cards expcept ACE.
Black jack wins pays 3:2.
6 Deck is used in the game with 65-70% penetration.
Now coming to the casino deal made.
Its a high limit private table , no other players are allowed to play in this table.
The minimum purchase per entry is $200,000.
The miminum bet should be placed is $5,000 on one atleat box, not below that.
I can play upto 3 boxes , the max limit per box is $10,000.
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)
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)
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
I can play a 100% basic stratergy without any mistakes
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
My total bankroll is $500,000 , strictly will not lose more than that,
My each trip bank roll is $200,000 , but can be extended to $300,000 per trip
Since it is a newly opened casino , I hope they will not extend the deal for more that 6 months
I can visit 2 trips in a month ,
So on a total 12 trips can be made on total.
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.