5 Responses to “Intro to Betting Units”

1. nate says:

   January 30, 2012 at 12:27 am

   what’s a good amount of money to bring to the casino – when planning to play the 5 dollar tables for example if I want to be conservative for my first time and have a realtively chance of walking out ahead? I could probably comfortably bring 1,000 dollars and spend the whole day there if i have to.
2. Colin says:

   January 30, 2012 at 3:32 pm

   Nate,

   Good question. I answered that question here: http://www.blackjackapprenticeship.com/2008/08/how-much-money-should-you-bring-to-the-casino/.

   But remember, the goal isn’t to have a relatively good chance to “walk away ahead”, but to generate positive EV. When you generate positive EV, you will make money over the long run.
3. Nate says:

   February 2, 2012 at 3:12 pm

   Thanks Colin! That was helpful!!!!
4. Alex says:

   March 2, 2012 at 4:29 pm

   Hey if I went to a casino with $100 bankroll what betting unit or strategy would you recommend for me so I could double my bankroll (to $200 playing high-low) before I leave the casino?
5. Colin says:

   March 3, 2012 at 3:38 pm

   Alex,

   Unfortunately, it’s not that simple. You can generate EV, but there’s no guaranteed outcome. If you play perfectly, you still lose roughly 45% of the time. With a $100 bankroll, I’d recommend only wonging in at a true 1 or higher, and using a $5 betting unit ($5 per true count). But there’s still going to be a reasonable chance you won’t win $100. Then again, there’s a reasonable chance you will!

   Hope that helps.