High limit blackjack games allow players to enjoy the excitement of large bets, in a game where the house edge is very small. This can mean experiencing a rollercoaster that could result a big win, or at the very least get the blood pumping!
Blackjack has been a high-profile target for advantage players since the 1960s. Advantage play is the attempt to win more using skills such as memory, computation, and observation. These techniques, while generally legal, can be powerful enough to give the player a long-term edge in the game, making them an undesirable customer for the casino. The name of the game in card counting is turning blackjack into a positive expectation game. Peter Griffin’s book “The Theory of Blackjack” worked out some numbers pertinent to card counters. Using standard Las Vegas rules and a basic High-Low card counting system, a player’s advantage with perfect strategy when the count is zero is -0.56%. Casinos with High Limit Blackjack Games. High limit blackjack games allow players to enjoy the excitement of large bets, in a game where the house edge is very small. This can mean experiencing a rollercoaster that could result a big win, or at the very least get the blood pumping!
Before you jump in to the world of high limit blackjack, you’ll need to work out whether you have enough bets in your bankroll for a full session at your desired stakes. Remember that a few early splits and double-downs will make a big difference. Below you will find information on high limit blackjack in both live casinos and online. This includes how to get the best comps through your casino host. First, up, some more on choosing the right limits for your big bankroll!
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Choosing the Right Limits
Choosing how much you wish to bet is an individual choice, and as with all gambling games playing only with money you can afford to lose should you hit a bad run remains solid advice.
You should find a balance between choosing limits that mean enough to you to keep you interested and entertained, but are not so high that losing the money would be too painful. A standard bankroll management ‘rule of thumb’ used by high stakes players is to have at least 50 bets for each session. You can take what you can afford to play with, divide by 50, and get to the right limit very fast. This number of bets will protect you from short-term swings. You can always move up if you go on a winning streak, or down a level if the cards do not fall kindly for you this time around.
Getting the Most from a Casino Host When Playing High Roller Blackjack
You can find high limit blackjack games provided in nearly all live casinos with around the world. The stakes at regular tables are often plenty big enough for most players. If you are a genuine high roller with $100,000’s to play with then the casino will usually provide nosebleed stakes games in exclusive areas away from the main pit.
Upper betting limits can vary from as low as $50 a hand to max bets of $50,000 depending on the casino. If you have a good relationship with a particular casino you could ask them to raise limits for you.
If you wish to play high stakes blackjack in a live casino, your first contact should be with the Casino Host. High-rollers are the most welcome players and Casino Hosts will go out of their way to retain your custom by offering incentives and VIP treatment. Even at ‘day to day’ high stakes the casino hospitality team will usually approach you and offer their services.
What to Expect Online When Playing High Limit Blackjack Online
If you wish to play and cannot get to a casino, there is a huge choice of high limit blackjack games online. Maximum bets vary between $50 and $300 (some $500) and sites will offer large deposit bonuses as incentives which get you off to a great start. Examples include the 100% match up to $1000 at Spin City and $5000 at the US-friendly Grand Parker.
You’ll get a great choice of games, and can choose between the US rules ‘peek’ games and the European Blackjack tables. There are plenty of blackjack variations too, which add entertaining game-rule changes or big side-game bets – or even Progressive Blackjack Jackpots.
Online livedealer games have become popular for high limit blackjack players. These games allow you to see the physical cards being dealt (usually by an attractive lady) and give you a far more realistic experience. These games have upper limits starting at $50 per hand, and you’ll be playing with up to 6 other people at your table. Unfortunately the decks are shuffled too often to make card-counting a possibility.
By playing regular high stakes games at the best online casinos, you will find that the hosts will get in touch with you and offer you VIP extras including bigger bonuses and access to exclusive games.
High limit blackjack games online are no longer restricted to Windows PCs. You can play on your smartphone or your tablet – see our mobile blackjack page for more.
Join The High Stakes Experience
High limit blackjack and gambling is not for everyone. Before joining in ensure you are comfortable with these stakes, if not there are plenty of smaller games on offer. When playing live make sure you first contact the Casino Host and introduce yourself, that way you give them the opportunity to give you the VIP treatment that your stakes deserve.
By Henry Tamburin One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got several options and I'll discuss them in this article and offer my recommendation.
Flat Bet Blackjack Strategy
This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also players feel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.
Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against the skilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800 worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you can expect over time to lose at the rate of $4 per hour.
Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player's bankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.
Progressive Betting Blackjack Strategy
This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than always betting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet depending upon whether the hand you just played won or lose.
Win progressions encourage you to increase your bet size after a winning hand. For example you make a minimum bet of $10 and if you win, you raise your next stakes on next hand to $20.
There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand but as soon as you experience a loss, you start the progression over with a 1 unit bet.
Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course what they don't tell you is that you never know when that 5 consecutive winning hand streak will occur.
There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progression are dangerous and you should never consider using them.
There is also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. The creativity of progressive bettors is never ending.
First of all, blackjack strategy for betting progressions do not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (or lost) and you chance of winning the next hand. In other words using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So betting progressions in the long run don't work in the sense that they won't improve your long-term chances of winning.
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But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using a betting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10 bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casinos expected win is 0.5% of $1600 or $8. In other words a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.
Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduce your average bet to $10 per hour and cut you hourly theoretical loss rate in half.
Blackjack When To Bet Highlights
But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works? That my friends is card counting.
Betting When You Have The Edge (Card Counting)
With card counting you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. So unlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small value cards were played in previous rounds, there are more big value cards left in the unplayed cards and the edge shifts from dealer to player. This would be the best time to bet more.
How To Bet Playing Blackjack
But I'm realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count card counting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat The Dealer (circa 1962) first revealed card counting to the masses, the number of players who can successful win money in the long run at blackjack number in the hundreds and thousands.
Blackjack When To Bet High Roller
So what's the answer to betting at blackjack for the average player? I asked Don Pronovost that same question about four years ago. Don is a software developer that markets blackjack training software. He spent the better part of two years and a trillion computer simulated hands looking for the solution to this dilemma. What he developed is Speed Count.
Speed Count is unlike any conventional card counting system. It's much simpler to master and requires much less concentration when you play. And unlike progressive betting systems, Speed Count will give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution.
Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.
How To Bet Blackjack Chart
Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of the Ultimate Blackjack Strategy Guide and was editor of the Blackjack Insider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin