Blackjack Strategy
February 9th, 2012 | Author: admin
Blackjack, the card game that adds a dash of European style to American casinos is simple enough: At the start of each round you get two cards and so does the dealer, one of which is shown. Keep drawing cards until you hit a total value of 21 or quit just before you go over the limit and bust. It’s you against the dealer and whoever comes out on top gets the winnings. At first glance the game seems one of chance an intuition. After all, you can’t know what card is coming up next. However one of the reasons that Blackjack is so popular is that there is a strong element of skill involved. Rather than just trusting to blind luck you can play your cards wisely and hopeful leave the table with a fist full of dollars.
Perhaps the most important thing to bear in mind is that what matters is not just your card value but also the dealer’s shown card. Winning is all about assessing your hand against the dealer’s potential hand. Because the dealer has to hit on sixteen or stand on seventeen you can use this to plan out your strategy. The higher the dealer’s shown card the stronger his hand is and the more trouble your are in.
Here is a quick list of possible cards showing in the dealer’s hand and what they mean for you:
Ace: Big trouble. This round is going to be the dealer’s unless you have spectacular luck.
10 or face card: Bad news for you. The dealer is in a strong position.
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Blackjack’s History
February 7th, 2012 | Author: admin
Blackjack has a colorful history. Shows have been made out of just parts of it. In fact, I credit Blackjack with launching the development of systems and books about gambling.
It all started back in the 18th century. There was a French card game called “Ving-et-un” and it was the foundation for today’s game of Blackjack. Some say that history comes back around to the present.
In the 1800s, America was anti-gambling in its stance. Gambling was an underground activity. That began to change in the 1900s and in 1931 gambling was legalized in Nevada. Almost five decades later, Atlantic City followed.
The late 1950s is really were it all started. The man was Roger Baldwin and is 1956 publication “The Optimum Strategy in Blackjack” paved the way for the marriage between man and math in gambling. It’s as if the light went on. Blackjack can be beat.
Six years later a man by the name of Edward O. Thorp released a book that quickly became a towering hit and it’s the book that’s known by many Blackjack players. The book was called “Beat the Dealer.”
The doors were now opened and many started looking at casinos as a way to get rich. In fact, Lawrence Revere believed this very thing. He took the simple concept of winning at Blackjack one step further by releasing a book called “Playing Blackjack as a Business.”
The wheels were turning and the 1970s marked the next huge revolution. Computers were now brought into the mix. Enthusiasts all over were using computers to create and run simulations-trying to find the ultimate winning strategy. And it was in this era that casinos really got worried.
It was one thing for a handful of people to try and come up with systems while losing real money. It was another for a wider audience to be able to develop and test perfected systems. The public was now developing a hunger for Blackjack knowledge.
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Blackjack Progressive Strategy
February 4th, 2012 | Author: admin
Sure, you could sit down to play Blackjack and just throw your money around. But, did you know that you’re most likely to lose money even if you have more winning hands than losing ones? Before playing Blackjack, it’s best to come up with a battle plan. You’ve got to attack the game.
Today, I’ll show you one attack plan. It’s a progressive (or ladder) system that changes your wager just about every hand. This is not a plan that increases your wager when you lose, because that’s the wrong way to do things. Rather, we’ll increase the wager with each winning hand.
You need to decide on the numbers and how many progressions to use. I’ll give you a guide to start from. Let’s imagine that you have $100 to play with. You should play $2-$5 hands normally. So, we’ll base our start at $5.
The plan is simple. When you lose, your next hand is $5. You never increase your wager after a losing hand. Instead, you start over again. When you win, you’ll be increasing your hand as follows:
5 – 10 – 20 – 40 – 80
I’ve set up five levels. If you win five hands in a row, rather than having $25, you’ll end up with $160 or more-blackjacks. However, if you were to lose say five in a row, you’ve only lost $25.
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Blackjack Profits – A Player Turned $25,000 into $500,000 Quickly: How Did he Do it?
February 2nd, 2012 | Author: admin
Blair Hull was a successful blackjack player, and he turned $25,000 into $500,000 – but he didn’t do it playing blackjack. He used his blackjack skills in a game with far higher stakes and made a fortune.
Blair Hull actually became a trader, trading in the financial markets – and many of the worlds top financial traders are blackjack players. Why? Because blackjack gives you the skills to succeed in financial trading.
If you are able to play blackjack successfully, you can make money by trading as well – as you already have all the skills needed to succeed.
Blackjack Success is down to the Following:
1. Playing when the odds are in your favor
2. Adjusting the bet size
3. Using a system, and rigidly applying it with discipline
4. Playing non emotionally, and with focus
Just as most players in the casinos lose, so do most traders in the financial markets – and the reason is all down to not having a plan, and executing it with discipline.
The Key to Success in the Casino, or in Financial Trading is:
Trading method + Play the odds + Execute with discipline = Financial Success Most people can’t do this.
They play or trade emotionally, with no specific money management, and a lack of discipline – and end up losers.
So, is it hard to become a financial trader? No the basics are relatively easy – as the following example shows:
Become a Trader in a Few Weeks
In 1984, Richard Dennis conducted an experiment that taught 14 people with no previous experience to trade in 2 weeks. The Result? – They all went on to make millions in profits and earn 80% annual returns!
To learn a trading system (the system only had a few rules, and could be learned by anyone of average intelligence) is not hard, as Richard Dennis’s experiment showed.
Interestingly, Dennis put the success of the group not down to the system he gave them, but on the discipline, and money management skills he taught them.
Make the Move to a Higher Stakes Game
If you want to read the story of Blair HULL, then the book “The New Market Wizards” gives a fascinating insight into the crossover of skills – and how he quickly and successfully became a winner in trading.
The Edge you can get in Trading, is far Bigger than in Blackjack
Blackjack and trading are “games” where you need to deal with odds and probability – and get them on your side.
You then need to apply your method coolly, and non-emotionally, to make big profits – and you already have the discipline to succeed – you just need to learn the basics.
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