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Old 07-22-2006, 03:18 PM
Jeff_B Jeff_B is offline
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Join Date: Jul 2005
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Default Blackjack Strategy

Alright I understand that blackjack as a game has a -ev but according to the wizard of odds the house has about a 1% (0.65387% according to the wizard for party but I doubt I filled it out right) advantage. With this being such a small advantage I would like to think it would be possible to make money for quite some time playing this game.

My thinking is as follows
-This is most likely flawed just want someone to explain the flaw-

Lets say you bet $1 and lose.
If you bet $2 and win you are now even.


Lets say you bet $1, $2, and lose both. Then you bet $3. You are up even.

Lets say you bet $1, $2, $3 but you win the $6 bet you are still even.

Lets say you bet $1,$2,$3,$6 but you win on the $18 bet you are then up $6.

From then everytime you make an additional bet you are making money whenever you when.

$1,$2,$3,$6,$18 etc..
As soon as you win your hand you would start over from the bottom.

Would you not be able to make money off of the blackjack paying 3:2. (This assumes a simplistic game of no doubles and splits and no insurance etc).

Now if you factor in that you would be a "favorite" to win if dealt 11 and the dealer has a 6 showing This would seem like it could be a very profitable game.

The major issue I see with this logic is that the betting gets extremely large relatively quickly but the odds of losing 5+ blackjack hands in a row seem slim.

Does this not seem like a reasonable way to play blackjack?
(Consisently betting the same amount does NOT seem like you would be possible to win since you are going to lose more hands then you win.)

I have been doing better in blackjack then I ever have (I have made a few hundred dollars playing in the past couple days) but I am more interested in the theory... is it a solid one?

If you want to minimize the betting growth you can always just double your bet everytime although this would make it more difficult to show a long term profit.

Any comments? Anyone else try this?
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