You can select a betting level that meets your own personal preferences. In blackjack, 2 percent of a bankroll with a conservative progression will keep you in action 85 percent of the time and offers a good chance at a modest profit. Smaller bets are even less likely to result in a bust-out, and may be desirable if your profit goals are modest.
How flat betting works is that if you make a $5 bet on every hand in a standard multiple deck game, there will be an edge of 0.5%. Basically, you would be losing an average of 0.5% with each bet in blackjack. So, if you had to make a $5 bet on every hand with an average of 50 bets per hour, you would have made a total of $500 bets.
If you are playing online video blackjack, the only change in limit is going to be your own bet-size comfort level. If you decide to play online with a Live Dealer, the upper-limit is likely to be $500, which is a moderate limit at a land-based casino.
Let’s assume that your unit is $10. In many blackjack betting progressions winning just five hands in a row will have you making a $160 bet on the next hand. For some blackjack players this bet size is way out of their comfort zone. If you regard that same bet as 16 units, it becomes much easier to push those chips into the betting box.
In order to make the best bets you can in blackjack, you need to reduce the house edge (and the subsequent cost) to as small as possible (i.e., less than 1%). The house edge is determined by the following two factors: Playing rules and; Playing strategy
Assuming PERFECT BLACKJACK PLAY, standard rules and a 1-12 bet spread (better rules or pen would have lower risk, worse rules or pen would have higher risk): 200 Units: ~40% Risk of Ruin. That means that 4/10 card counters who play this way will be kissing their bankroll goodbye.
How much you should bet has nothing to do with whether you're winning or losing. Whether you had the two blackjacks, or the two 19s in the above example, the exact same cards still came out of the shoe -– and that's what influences your chances on the upcoming hands.
Multiply the number of units to bet by your betting unit. For Example, your betting unit is 100, running count is +10, true count is +5, then the optimal bet would be 4X100 which gives us 400. Play two hands at a time on spots next to each other, and bet that amount per hand.
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