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Beat The Casinos
Another strategy that has been attempt successfully and famously by the likes of Ken Uston and the MIT Blackjack students is playing blackjack as a team. But, if you can play basic strategy and count cards, you already have the casino at a disadvantage, why would you want to play on a team?
The advantage to team play is the more hands you play the more you win. Two card counters playing 1000 hands is the same as one player playing 2000 hands.
The probability of a card counter being behind after 500 hours of play is about 20%. That is assuming regular rules, six decks and typical betting. If you had 9 friends you would have the same result with each only having to put in 50 hours of play time. You would have the same result much quicker. By reducing the risk this way you can bet more and win more than if you were playing alone.
This is how casinos make their money. They have many different games in play at all times. They may lose one night or for a week at one game, but in the long run, they come out ahead.
Playing blackjack as a team has been shown to be an effective strategy in a variety of gambling literature on the topic. There may be times of lesser winnings, but if you only win $1000 instead of $1500, you’re still up.
In recent years, casino countermeasures to card counters has deterred a large number of lone counters. Even poor rules don’t make that much of a difference to a large team. If an edge can be gained at a game then a team can g ain a return on their investment. By pooling bankrolls fluctuations are reduced and the team can use massive bet spreads in poor games and win.
In a team approach, even poor card counters who only have a small advantage are assisted by the other members in the team. Theoretically, a team with 500 players could bankrupt a chain of casinos in a relatively short time.
Why has this not been done before, you ask? Well, training and managing a team of 500 players would be impractical, if not, next to impossible. You’re likely to have some in your group willing to steal the team bankroll. Logistics, expenses and training would be confusing and extremely difficult to manage. A smaller team of say 5 players is much more practical, and can be profitable all the same.
If you are planning on organizing a blackjack team, there are a few things you should keep in mind. Pay for expenses out of the team’s bank - your winnings will seem larger than reality if you don’t account for your expenses. Don’t keep a lot of records - you may find yourself obsessing over these and not team performance. Team members who don’t have an edge or don’t but in the hours should be kept away from the bankroll. Watch out for compulsive gambling tendencies from some team members. Put great emphasis on team performance and honesty.
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