If you ever find yourself in the circle of lovers of this casino game, then you’ll probably learn a thing or two about all the different bets you can place. Also, you’ll most likely be exposed to different blackjack progressive betting strategies, so it won’t hurt if you know what this means. This system teaches you how and when to increase or decrease your wager. In the most general sense, there are two types of progressive betting strategies:
- Positive progression — if you were to follow this, then you’d bet more after each win. With this, players want to maximize their profit and minimize their losses.
- Negative progression — this one includes raising your wager after each losing round. It strives to lessen the effects of losses.
Now that you’re acquainted with this, we can delve deeper into the most popular systems you can follow. However, before we start, we should put a disclaimer of some sorts — no matter which strategy you use, it cannot help you determine the outcome. They can only help you plan your bets accordingly before you start playing. In the end, nothing can exert an impact on the results.
The Martingale System
One could trace the roots of the Martingale system back to 18th century France. It has withstood the test of time, as evidenced by the fact that most novice players have heard about it. The overarching strategy is the following: it’s inevitable that you’ll face losses while playing blackjack. However, at some point, you’re bound to win. So why wouldn’t you double your wager until you emerge as a victor? Of course, some experts might suggest that believing in this might be the prime example of the gambler’s fallacy, but to each their own.
What’s more, you’ll notice that some blackjack players opt to adhere to this betting system. They increase their wager by 2, hoping that they’ll recover all the squandered money. In theory, this sounds appealing and seems like a plausible solution. But in practice, it comes with certain risks. Let’s say that you decide to play at a $5 table and abide by this strategy. As you might know, it’s easy to lose 8 hands in a row, so this means that, during the 9th bet, you’d actually be required to bet quite a substantial amount — $1,280.
If you’re not a high roller, then this professional blackjack betting strategy might not be the best solution.
The Oscar’s Grind
Moving onto another blackjack betting system — the Oscar’s Grind. It was created back in 1965 and mainly applied to the game of craps. Nevertheless, it started spreading to other games as well, including blackjack. It abides by the following this notion: all of your losing streaks will be countered by one winning hand. If this turns out to be true, then you’ll decrease the amount you’ve lost and get a payout, albeit a small one. However, no one can guarantee that this will happen, as the outcome is unpredictable.
So before you toy with the idea of using this system, you should contemplate your betting range. You’ll need to commence with a minimum bet and gradually increase it throughout the game — if you win, that is. It’s recommended you start with a wager that isn’t too high. Let’s say you decide to place $1. If you lose, then you won’t need to change the bet amount. However, if the third round turns out to be the winning one, then you should bet $2 on the following one. Another win increases the wager to $4.
Also, you should stop the moment you have a profit of 1 unit. As with the Martingale, you should use the Oscar’s blackjack betting strategy at your own risk.
The Manhattan System (2-1-2)
Some players believe in the existence of hot and cold streaks. You might even hear some of them lament that they’ve failed to make use of a hot streak. Of course, experts would assure you that this phenomenon doesn’t exist and that you should just enjoy the game itself. Well, it seems that the proponents of the blackjack betting strategy 2-1-2 side with the players on this issue and want to help them win real money.
So how does it all go down here? Well, as you might have inferred from its name, players begin by wagering two units. For instance, they can place $2. In case of a win, they don’t need to increase their bet — they actually decrease it by one unit. So the next one amounts to $1. And if this streak follows them, then they can wager $3. Each consecutive win after that, the players should increase their bet size by one unit. And if during the game, the dealer wins, then those following this system should return to their initial bet. The theory is that you should capitalize on your fortune until it starts declining.
The 1-2-3-5 Strategy
The progressive betting systems are quite prominent in blackjack. During a game, a bet could vary from one round to another — it never remains the same. There are different types of wagers here, but they all share one similarity. In other words, you’ll either increase or decrease the bet depending on whether you’re experiencing wins or losses. If you’re prevailing, then you’ll raise the amount of your wager after each hand. For instance, if you begin with $10, then you’ll put $20 during the next round.
Of course, there are different patterns that you can follow, and one of them is particularly well known — blackjack betting strategy 1-2-3-5. If you decide to try it out, then you’ll increase your wager following this pattern. However, the moment you lose, you’d go back to your initial 1 unit bet. Those who are in favor of this will try to convince you that you’ll get more money during those 5 consecutive winning rounds then you’ll ever lose in 5 losing ones. However, they fail to tell you that you can’t know when you’ll win.
The 1-3-2-6 System
Following the previous one, we would be remiss not to mention the blackjack betting strategy 1-3-2-6. Like the above-mentioned one, it’s simple to learn, and you won’t face any difficulties in implementing it. In essence, you can use it for other casino games as well, but it’s primarily popular in blackjack.
Basically, if you want to try it out, you need to opt for the initial wager. But bear in mind that this will serve as 1 unit in the sequence, so maybe choosing the lowest amount would be the best option. And once you’ve done this, you can start wagering. Naturally, if you win at blackjack, then this will lead you to increase the bet as per the sequence. And once it ends, you’ll need to go back to your starting stake. Additionally, this blackjack betting strategy differs from, say, the Martingale in the sense that you only need to keep increasing the amount if you’re successful. This way, you might recover all the lost money either in a land-based or an online casino.
Betting Strategy for Hi-Lo and Knockout Card Counting
The hi-lo and knockout card counting players have different approaches to wagering. Some say that you might increase your chances by adjusting your bets. And if you want to be successful, you should determine the true count by dividing your running one by the number of decks that are still remaining in the shoe. Then, you should wager the minimum amount when the true count is at 1, and then increase it when it is at 2. As the true count increases, so does your wager. And once it returns to 1, then you should return to your initial bet.
So before the game starts, you should select the wagering unit that you can use once you employ this blackjack betting system. Your betting unit increases as per the count. Also, always be aware of your bankroll and adjust your wager accordingly. The maximum wager, some say, should be 4 times your initial unit. Just make sure to be present in the game so that you could keep track of the count and your bankroll. Additionally, you can adopt this approach as your knockout blackjack betting strategy as well.
Practice Makes Perfect
Now that you’re familiar with a number of strategies, you can start practicing and opting for the ones you find to work the best for you. However, always bear in mind that there are more blackjack betting systems than actual strategies. After all, they don’t predict the outcome — they just tell you how to bet.
Nevertheless, if you want, you can try out some of the blackjack card counting strategies (which even help you beat the house edge) and see how far you’ll get. Who knows, you might even become a proponent of some of them or end up disappointed. Either way — good luck!