The blackjack summary in an earlier post might not be enough to convince sticklers for detail, so here are screen shots from all 15 data sets in the current BST trials.
Click on any of the images to make them readable, but before you do that, you might want to see the pattern that emerges here.
Narrow spreads, which most weekend punters use because their limited bankrolls offer them no alternative, fail in almost every set of outcomes.
The "safe" range is 1-1,000 and above ($10 to $10,000 up to $5 to $25,000).
Please keep these things in mind:
- Money alone cannot "buy the pot" as all the millionaires who have ever gone broke in a casino can attest!
- Almost always, a wider spread results in reduced overall action and a dramatic drop in the number of high bets, defined here as $1,000-plus. That translates to much greater risk when spreads are constrained voluntarily by a player or by table limits, not the opposite as we are encouraged to believe.
- Table limits vary greatly from casino to casino and even from one layout to the next in the same casino, so there is no need to accept a "green ceiling" if your bankroll allows you to move to a richer game when target betting rules require it.
Average bet values plummet as your betting spread widens, and simple logic explains why: Spreading wider enables recovery series to "turn around" more rapidly, and so fewer high-value bets are required before the NB value falls back to the minimum.
Casinos seeking to cripple consistent winners without kicking them out the door have a simple solution: a "flat bets only" rule. Think about that!
The closer your spread comes to flat betting, the more trouble you are likely to get into. Think of it this way: Wider Is Nicer, which boils down to an appropriate acronym...WIN.
An important reminder: The only person likely to make money out of this blog is you, Dear Reader. There's nothing to buy, ever, and your soul is safe (from me, at least). Test my ideas and use them or don't. It's up to you.
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I am happy to hear constructive criticism from people genuinely interested in improving their game, but life is too short for the drivel that too many posters have made their stock in trade. If insults are your game, not blackjack, please go away. If you work for a casino, you will know that progressive betting is only for fools, a surefire way of losing your bankroll. If you take blackjack seriously, as a player, you will know that that is a lie, one that the gambling industry promotes to protect its bottom line. I hope you will find something here of value. Thanks.