Blackjack is considered as one of the most popular casino games available. It attracts gamblers across the globe in their droves due to its easy-to-follow rules and relatively low odds that favor the house.
With millions of players choosing to play online from the comfort of their homes, casinos have introduced many different versions of Blackjack to create as much variety as possible.
Seasoned players always use a Blackjack betting strategy that helps them to play smartly in the hope of a lucrative experience.
While any Blackjack betting strategy is by no means a guarantee of winning, many gambling enthusiasts are convinced that manipulating specific systems and betting systems will eventually lead to your success.
Is It Worthwhile Having A Blackjack Betting Strategy?
When talking about Blackjack betting strategy, many players are of mixed opinions. As these betting methods are used principally as a guiding tool for players, they cannot be relied on to determine when and how you will win.
In light of this, a large proportion of Blackjack players refuse to follow any strategy religiously.
There are other Blackjack players, however, who believe that certain types of betting strategies positively affect the outcome of their gameplay.
This can be effectively used to control how much a player wins or loses. These players shift amongst many common strategies for betting in an attempt to influence the game and boost their bankroll.
No matter the type of strategy that you choose to use, you should bear in mind that the odds will always favor the house. Players can do very little to circumvent these odds that are heavily stacked against them.
By being aware of your gambling environment and combining your luck with some tweaks in your Blackjack betting strategy, you may actually earn some lucrative payouts.
Best Blackjack Betting Strategies
Numerous betting strategies are popular amongst the blackjack community, and many gamblers rely on a combination of these for a profitable experience. Although the dealer and player do not share the same odds of winning, there are specific betting strategies to tip the balance favorably in your corner.
The Flat Betting Method
Many players prefer this betting method since it is fairly simple to understand. The notion of flat-betting is that you gamble the same amount for each hand.
This strategy reduces the risk you are making each time and gives players more control over their budget. The betting size is dependent on the budget and the anticipated betting strategy regarding how many hands you wish to play.
By consistently sticking to the flat betting method, you will comfortably be able to control your game and avoid getting into unreasonably risky situations.
This technique allows gamblers to mitigate going over budget, and players may only deviate from the original plan if they have an opportunity for a perfect double-down.
The great advantage of using a flat-betting method is that you can limit your losses.
The disadvantage, however, is that there might be plenty of missed opportunities for a profitable payout during a winning streak.
The concept behind the positive-progression Blackjack betting strategy is that players may use their winning streaks to the fullest and qualify for the best payouts possible.
Although this method has some flaws, it has the potential to boost the profits that a player might enjoy during winning streaks.
With positive progression wagering, the main idea is that every time you win a hand, you should increase the size of your bet.
Essentially, if you are on a winning run, you must increase your bet until you lose a hand. Once this occurs, you revert to the original bet that you began with.
You must stick to your first wager amount until you hit a winning streak again. You can then start increasing the size of your bets on every subsequent win.
The cycle of increasing your bets must last until your next loss.
The positive-progression technique allows players to increase their wins but also curbs big losses once the winning run has ended. Always bear in mind how much you will increase your wagers once you start winning hands.
Additionally, you must know when to stop playing and avoid getting too invested in your strategy. This can help you to boost your budget significantly, as long as you know when to stop playing.
Always remember your original intentions about how many hands you had decided to play and also stick to your budget that you have pre-determined. While this strategy has filled the pockets of many Blackjack players, it is deemed to be more profitable when played for fewer hands as opposed to a long-term strategy.
Players must also factor in luck when gambling, as the positive-progressive technique depends on how many hands you win and how frequent your winning streaks are. If luck deserts you, this betting system may fail spectacularly.
When compared to the positive progression strategy, this method is risky because players need a bigger budget to follow the strategic pattern.
Due to the riskier nature of this technique, it is more suited to seasoned gamblers who are used to playing with bigger budgets.
The concept behind the negative-progression system is that you must increase the size of your bet on the following hand after you have lost the previous one.
You can decide how much to increase your bet in the following round. The objective is that you may eventually win a hand with a higher bet and recover your previous losses.
Once you win a hand, you must return to the original bet amount.
While you are on a winning streak, stick to the minimum bet you have set. Once you lose a hand, you must start increasing your bet amount until you win again.
It is evident that players require a large budget to employ this strategy as poor gameplay can destroy your budget very quickly.
Since players cannot predict when they may win, it is plausible that they could lose their money in the hopes of a big win. Players must keep in mind that Blackjack is not always a profitable game.
In light of this, you must be disciplined and stop playing once you have reached your budget limit.
There is a common misconception amongst players that the outcome of prior rounds can influence the outcome of the current hands played. As luck plays a pivotal factor, there is no guarantee that any Blackjack betting strategy will bring you the profitable payouts that you desire.
The golden rule of setting a budget and sticking to it must always be adhered to.
Just like the positive-progression system, this one works perfectly when luck is on the gambler’s side. Short losing streaks are crucial and can lead to a successful blackjack session with a healthy profit.
Oscar’s Blackjack Betting Method
While both the positive and negative Progressions have their advantages and disadvantages, there have been many attempts to develop strategies that incorporate both of these approaches.
Despite the numerous strategies that players employ, one particular strategy has proved that it can assist players with a rewarding outcome of playing Blackjack. The Oscar System was published for the first time in 1965 by the mathematician Allan N. Wilson.
The main concept of the Oscar System is to win a single hand after a series of bets, after which players can start a new series of bets.
Essentially, this means that if you happen to win on your first hand, you have met the objective of Oscar’s Blackjack betting strategy and you can then start a new series of betting.
If you lose on your first hand, you can then place the very same bet as your previous one. If this results in a win, this indicates that you have recovered your loss.
This does not, however, mean that you should begin a new betting series as you have not accomplished the objective of a single unit profit.
To meet the objectives of Oscar’s vetting strategy, you need to add a betting unit on the next hand that you play. If your third-hand results in a winning hand, you will then be able to begin the new betting cycle.
Players must keep a track of their wins and losses so that they can accurately follow Oscar’s pattern of betting.
Players must also take cognizance of the real possibility of not making a bet that will result in a profit of more than a single unit for a series.
Oscar’s Blackjack betting system manages to combine the positive aspects of both the positive and negative progression strategies.
The difference, however, is that players are expected to play for longer periods if they find themselves on a losing streak. This is because they will not deplete their bankroll by making bigger bets after each loss. Consequently, the wins that prompt bigger bets will be able to bring gamblers more profitable payouts.
Although Allan N. Wilson has showcased Oscar’s Blackjack betting strategy as a very profitable betting technique, players must always be cautious when playing blackjack using this system. Although they can enjoy a game without any loss, there is still a possibility of a tremendously long losing streak that has the potential to blow your bankroll.
As mentioned earlier, always keep in mind your budget and stop once you have reached your limit.
The Martingale System
This Blackjack betting strategy was developed in the 17th century and is a variation of the negative-progression strategy. The central idea is for players to double their bets each time they lose but maintain their bet amounts when they win a hand.
Seasoned gamblers are in agreement that the Martingale System is a very risky system to employ as you require a massive budget. Doubling your bets during a losing streak can be quite draining for any player’s bankroll, and many players prefer not to use this system often.
It is important to remember that gambling is based on luck, and although the chances of striking a handsome win or suffering from an awfully long losing streak are low, you should never discredit any of those scenarios from happening.
Additional Tips When Playing Blackjack
Although the game depends largely on luck, these tips can help you to enjoy a more regular payout or at the very least, make your losses acceptable.
Double Down allows you to double your bet and receive double the payout if you win that hand. The house condition is that you will only be dealt one more card for your hand.
You can seriously consider this option if the total of your first two cards is 11 points.
This option enables players to reduce their losses after the dealing of the cards. It is a good option to Surrender when your cards that have been dealt are weak or the dealer has an ACE or a card that is worth 10 points.
The moment of Surrender depends on what variation of Blackjack you are playing.
Players have the option of buying an insurance that will guard them against the dealer hitting 21.
When the dealer is showing an ACE, you can wager half of your bet on whether their next card is a 10. If the dealer does indeed have a Blackjack, you will be paid double on your insurance bet. If, however, the dealer’s next card is not 10, you will lose both your bets for the wager and insurance.
The Bottom Line
Although there are many Blackjack betting techniques that you may employ while playing, you must never forget that the outcome of the game depends mostly on luck rather than any strategy. Good luck!