How To Make Money Off Blackjack

Apr 13, 2018 The trick to winning money at blackjack is making larger bets when you have an edge over the house and smaller bets when you don't. The casino management - who are always very superstitious - decided I was 'unlucky' and put me on the blackjack tables. Before long I noticed that a few players seemed to frequently get a blackjack - two cards with a face value of 21 - after placing large bets. This helps you because if the dealer has Blackjack the game is over before any action takes place on the table. This prevents you from building a potentially losing hand, which saves you money. Vary where you play. If you’re playing blackjack to make a living you will be noticed – whether online or at Land Based Casinos. Mar 30, 2016 Very few people can make a living off of blackjack. To win in the long run, you must count cards, watch tables, risk big money, and employ questionable betting strategies. Today we were discussing how much money casinos make from blackjack, and more importantly where it comes from. Is it from the house edge, mistakes made in strategy, or players making emotional decisions because of losing streaks or booze or both? I figure it is probably a mixture of each.

1. How To Make Money As A Kid
2. How To Make Money Off Blackjack No Deposit
3. How To Make Money Off Blackjack Poker
4. How To Make Money Off Blackjack Games

Blackjack basic strategy is a blackjack chart that includes all the possible combinations of your hand against the dealer’s hole card. While you won’t make money by following the rules of that strategy, it’s the first step you should take if you want to turn into a winning blackjack player. And that step will minimize the casino’s edge against you. That is you will lose less money by applying the blackjack basic strategy!

Casino players have heard it before: The house always wins. They do accept the fact that they are going to lose money but at least they are going to have fun. In the process they tend to forget that and begin devising new methods and strategies, in order to beat the dealer and come out winners. Eventually they are doomed to fail, since the science behind casino games is nothing more than mathematics. And mathematics never lie. Playing blackjack online isn’t any different.

Blackjack Basic Strategy and Rules

Blackjack basic strategy is tailored towards specific blackjack rules. Depending on 6 rules of the game, there can be basic strategy variations, so that the dealer’s edge is minimized in each occasion.

1. Number of card decks: There are a definite number of decks in each shoe. Most casinos use 6 decks of cards, although you may find games with as low as 2 decks or as high as 8! Many decks favor the casino, less decks reduce the house’s edge.
2. Soft 17 (S17): you may have noticed on the blackjack tables: Dealer stands on soft 17 (S17). In other words, they have to stop drawing cards when their cards are A6. The opposite is H17 and favors the casino.
3. Double any two cards: Blackjack players usually have the option to double any two first cards they get dealt. Even when the sum of the cards is as low as 5! You may also double A9 according to that rule (I still remember when I did that back in my card counting days!). Alternatively you may be allowed to double only when the cards’ sum is between 9 and 11 (D9) and even worse when the cards’ value is either 10 or 11 (D10).
4. Double after split (DAS): Assuming my hand is 88 I decide to split my hand. In case a 2 or a 3 is dealt at either card (for a sum of 10 or 11), I may want to double. As long as the casino offers me that option and I double, the house’s edge is decreased.
5. Surrender: Quitting before we hit or stand and losing half of the wager at the start of the hand is called surrender. There are two types of “surrender” depending on the choice given before or after the dealer checks their hole card for a likely blackjack; the very rare “early surrender” and the “late surrender” (ES and LS respectively). You should sit at blackjack tables that offer any type of surrender, as that rule favors your odds.
6. US/European style: In US blackjack tables, dealers are dealt two cards, one facing down. In Europe the dealer is dealt just one card facing up obviously.

Blackjack basic strategy: 6 decks, S17, DAS, No surrender, European

These are the rules of the blackjack game I used to play almost on a daily basis before the introduction of the automatic shuffling machines. Every new player, who wanted to play “correctly”, had to memorize the following Blackjack chart. They wouldn’t make money in the long run, but their hobby would cost them the minimum.

Blackjack basic strategy examples

• Me (35), dealer (9): My cards’ value is 8. Reading the 4^th line of the blackjack chart I am instructed to hit my hand, given the “H” under the dealer’s “9” column. Besides, whatever the dealer’s card, I must take a card. The real issue here isn’t whether I hit my hand or not. It’s about a “double” being a better option.
• Me (64), dealer (10): Holding a combined 10 and according with the 6^th line of the blackjack Basic Strategy, I have to just hit and avoid doubling up. That course of action (double) should be taken if the dealer’s card was anything but a 10, J, Q, K or an Ace.
• Me (J2), dealer (5): The blackjack basic strategy’s 8^th line prompts me to stand on 12! This applies when dealer shows a 4, a 5 or a 6; otherwise I need to draw a card.
• Me (97), dealer (K): Basic strategy (12^th line) says I have to hit. No matter my position at the table I have to follow that rule. Even if I am sitting at the last seat of the blackjack table, I MUST hit. Although other players sitting at the same table will negatively comment on my action and recommend me to stand on 16, it’s a mistake mathematically to stand.
• Me (A4), dealer (4): Blackjack basic strategy recommends doubling if the dealer’s card is a 4 to 6. In any other case, I should just hit. In that instance we should consider our hand as a “5” and not a “15”. If a ten comes along, our cards’ value is “15” and basic strategy’s 11^th line advises to stand.
• Me (44), dealer (5): I need to split my 4’s. If the dealer’s card was any other card than a five or a six, my hand would have been a plain eight.
• Me (55), dealer (9): Double. In case dealer was showing a ten or an Ace, I should hit. Of course you should never split fives. Don’t lose focus when the dealer asks you “Split sir?” when you double your bet. They are trying to win more money from you!
• Me (99), dealer (7): Blackjack basic strategy’s recommended action is to stand. If I split my nines, I would lose more money in the long run.

Advantages of blackjack basic strategy

By applying blackjack basic strategy when playing blackjack you effectively decrease the casino’s edge. If you follow the rules shown above without making any mistake, the house has a 0.55% edge against you. This means that for every 10 dollars you bet, you lose 5.5 cents long term. If you play 50 hands per hour, your entertainment will cost you about 3 dollars!

The more I deviate from blackjack basic strategy’s rules, the more the casino’s edge increases. If I begin standing on 16 against dealer’s ten, not doubling my nine or not splitting my threes against dealer’s two to seven, the house’s edge might increase more than 1%! I would then lose money twice as much per hour! Making even bigger mistakes, such as never splitting Aces, hitting 15 versus dealer’s six or doubling my 11 against dealer’s low card, my disadvantage could easily skyrocket more than 3%, donating more money to the casino!

How To Make Money As A Kid

Memorizing the Blackjack chart of the basic strategy is necessary if you want to play blackjack correctly. Learning blackjack basic strategy is also required if you also want to become a card counter later. Finally, by adopting basic strategy when playing blackjack, you’ll earn the respect and trust of other good blackjack players, who might bet on your hand, when the odds are in their favor!

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Contents

• Yearly salary of a professional blackjack player

What is the salary of a professional blackjack player? It’s a common question I hear, but what would seem like a simple enough question actually has a fairly complex answer. First of all, the term “blackjack player salary” isn’t quite appropriate. Professional blackjack players don’t make a set amount of money every month like a salaried employee does. Playing blackjack for a living is more like owning your own business or working for 100% commission. Therefore different professional players make different amounts of money based on many varying factors. Some of the more obvious factors being the stakes the played at, the amount of time spent playing and the skill level of the player. There are also many less obvious factors involved in determining how much money a professional player will make. I’m not going to cover all of them here, but just a few of these additional variables include the quality of the blackjack games played, the card counting system used and the size of the player’s betting spread.

The “Salary” (Income) of a Pro Blackjack Player

Blackjack Player EarningsEvery blackjack player has a theoretical “expected value” of their play. When you bet $100 on a hand, you’re going to win or lose $100 (assuming you don’t push, double, split, surrender or get a blackjack). However, over time there’s an average value of that hand. In card counting, high positive counts create a positive expected value for a card counter and negative counts create a negative expected value. Knowing this, and knowing how to take advantage of this, is the foundation of how professional blackjack players are able to make money.

So exactly what is the total overall expected value for a professional blackjack player? Check out the examples below to get an idea. For simplicity I’m going to do some rounding off and I’ll assume only one hand is being played with all counts being played through (no backing out on negative counts).

How To Make Money Off Blackjack No Deposit

Needless to say, changing any of the variables listed would alter the expected value of an hour played. Now let’s assume for simplicity that a professional blackjack player played each of these scenarios for 5 hours per week. That’s a respectable 15-hour work week (nice, right?). Here’s what the 15 hours per week would yield in theoretical expected value…

(5 hours X $390) + (5 hours X $285) + (5 hours X $275) = $4,750 per week

$4,750 X 4 weeks = $19,000 per month

Yearly Theoretical Earnings from Playing Blackjack

How To Make Money Off Blackjack Poker

Okay, so in this example you’re looking at $19,000 per month, which would then be $228,000 per year if you played for 12 months. These numbers are theoretical, meaning that your reality will not be exactly there. You might overshoot your theoretical (gotta love that) or you might fall short (not as fun). However, if you play enough hours it all pans out over time, or at least your results will be in the ball park of your theoretical earnings. Getting it all in cash is nice too.

How To Make Money Off Blackjack Games

If you’re contemplating a career as a professional blackjack player, you have to understand your own personal circumstances. You might play more or less hours than this. You might play higher quality or lower quality games. You might not have a very high skill level or you might play at higher or lower stakes. You also need to know what kind of bankroll can handle these levels of action, but that’s not something I’m going to get into here. This is just a teaser to show you the potential of a skilled blackjack player rather than a guide on how to actually reach these numbers. If you want to know everything that goes into being highly successful, you’re going to need to do more than just read a few pages off a website. You might want to consider my next blackjack class. I apologize for the shameless plug, but whether you want to become a professional player or just make some extra cash on the weekends, my class is definitely a smart investment.