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Money Management

Another way to look at the house's edge, as exaggerated as T may make it seem, is in a combination of factors: the average rule variants in all the casinos, understanding the basics of the game (playing strategy), betting strategy, and discipline and patience. Here is our computation. Most folks don't know how to play the game' correctly (folks who just plain don't understand  the basics of game before sitting downjust in it for the fun, with no playing strategy whatsoever). This bumps up the house's edge. Betting with no strategy in mind bumps it up another estimated 5% money management is one of the cornerstones of gambling!

As for money management, the following rules should be adhered to:

Play with 50 times the minimum bet in reserve at any single table. If you are at a $1 minimum table and that's your minimum bet, you should have $50 either in your pocket or on the table as your reserve.

If $5 is the minimum bet, you'll need a reserve of $250. This doesn't mean that the whole sum should be placed out on the table. we like to put only about half that amount on the table, keeping the rest in my wallet. If we lose the $125 of the $250 we brought with me, we either pull out more money or move on to another table. This gives the appearance of having been tapped out, which casino floor men and pit bosses love to see. If all $250 is on the table and you've still got $125 of it, then you'll be table hopping and might draw the attention of the casino personnel.

If you decide to stay at one table until you lose your entire single-session bankroll, or lose 40 of those 50 units, then it might be time to get out of the game, especially if the deck is now neutral or unfavorable. If it's favorable, stay around, bet the maximum, and try to salvage your losses with some wins. But only if the deck is favorable. Don't just trust to luck.

Never reach into your pocket after losing all 50 units you've started with. Never. If you've taken a beating at a table and this will happen from time to time don't fight the cards. Get up and walk away. Rest and refresh yourself before attempting to hit another table.

If playing seriously over a more extended period of time, perhaps a few days, perhaps a week or more, you should have between 7 and 10 times your single session bankroll as your total bankroll.
If you are betting $5 chips as your minimum bet, you'd need $250 for one session of play and about $1,800 to $2,500 in reserve for a number of sessions of play.

If you can't keep that much in reserve, you shouldn't be playing in a $5 game. It's very possible to sustain a long run of bad luck before the cards turn in your favor. This can happen to even the most skillful of twenty-one players and could happen to you as well. To weather the temporary losses you must have money in reserve. Remember, if you use our basic strategy and count cards and alter your bets according to the count, you're going to end up a winner.

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