Fixed Blackjack Bankroll Strategies
Let's assume that you have a fixed bankroll, which is not replenishable because you either have no income, or every penny of your income goes to paying bills and supporting your lifestyle, with no regular expendable funds. Unless you've got a bunch of money at your disposal, engaging in a high-risk pursuit like card counting may not be a great idea. You could lose quite a bit, or even see all your cash disappear. But only you can decide how much risk you want to assume with your own money, so let me spell out the facts as best I can so that you're able to decide for yourself.
There is one concept in place in every betting strategy for card counters: bet more when you have the edge, and less when the house has it. However, a number of factors complicate this point. First, you must know how much more to bet when you have the edge, and second, you must raise your bet in a way that does not attract unwanted attention. Third, you have to have a big enough bankroll to withstand the fluctuations.
Players who use the simple Red Seven Count, or for that matter any unbalanced card counting system that does not include a true edge adjustment, must bet more conservatively than players who use an accurate method of estimating their advantage as they play.
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