Re: Blackjack Strategy
Indeed this is Martingale and has been discussed a zillion times here and elsewhere.
Casinos are filled with players who think they are the first to have thought of this and also think it's a fool-proof way to 'beat' the system.
I was a blackjack player and dealer for awhile and have met MANY people who had some warped logic for why this was a good idea.
It's very simple why the stuff doesn't work but it's actually not easy to explain to somebody who doesn't yet understand it imo.
I'll just leave it at "it's a pretty bad idea" and you can study up and go from there.
However, with correct basic-strategy, you can play profitable blackjack on the internet if you are interested and many people in the internet-bonuses form do exactly that.
They bonus-chase from site to site.
They are still at a 1% disadvantage as a player, but if you expect to only lose $30 at the tables while clearing a $200 bonus then it's all +EV for you.
The casinos are hoping that you will play more AFTER you clear the bonus (plus, some players bust out before they finish the bonus) thus they are willing to sacrific some EV to get you in the doors. In blackjack at online-casinos it is wise to play a little more at their place even after you clear the bonus. Lots of casinos don't like it when they feel you are abusing the system (note that this isn't really a problem with poker bonuses)
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