Money Management

To play to win you first need a bankroll. This is a predetermined amount which you have allocated for playing blackjack. A bankroll in the order of 200 times your maximum unit size is usually recommended. For example, if you are going to place $5 bets then your inital bankroll should be $4,000 assuming a bet spread of 1-4 ( a 1 to 4 bet spread indicates the smallest unit size to be played would be 1 unit and the largest unit size would be 4 units. ). Don’t bet more that 5% of your total bankroll at anyone session. This will ensure that you will not lose a large portion of your bankroll if you have a few losing sessions.

Bet Size ($)

Session Bankroll  (5% of bankroll; 1-4 Spread)

Bankroll (1-4 Bet Spread)

Session Bankroll (5% of bankroll; 1-8 Spread)

Bankroll  (1-8 Bet Spread)

$2

$80

$1,600

$160

$3,200

$5

$200

$4,000

$400

$8,000

$10

$400

$8,000

$800

$16,000

$15

$600

$12,000

$1,200

$24,000

$20

$800

$16,000

$1,600

$32,000

$25

$1,000

$20,000

$2,000

$40,000

$50

$2,000

$40,000

$4,000

$80,000

Your bankroll has to be large enough to withstand some losing sessions. Blackjack can have many fluctations. The bankroll can be up one moment and then down the next. The player when card counting is at an advantage however the player can still lose. One of the most common illusions is that when the true count is high, favourable for the player, the player will always win. You do have a greater chance of winning than losing however you may lose in that session. Overal you will be on top.

When playing Blackjack the player should have a nominated bet spread. This will include the number of units the player will bet when the true count is negative and positive. Generally, when the count is negative the bet would be 1 unit ( or the smallest bet size you are using ). When the true count is between 0 and 1, bet 2 units. When the true count is between 1 – 2, bet  3 units etc. In a multi-deck game a bet spread of 1 to 8 units is quite common. Having a larger bet spread can attract “heat” from the casino. Pit bosses become suspicious if you vary your bets a great extent. In a single deck game a bet spread of 1 to 4 is acceptable.

It is also recommended that you never decrease your bet after the last game is played before the deck is shuffled. This also has a habit of attracting heat.