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In this article, we describe some basics of money management for Blackjack and then look at some systems that gamers tend to use. Whatever we or others recommend, please do select something that works for you. Set yourself a budget It is not anything revolutionary to point out, but like many sites and credible forums for advice, we recommend setting yourself a budget before starting out on the tables.
If you happen to outspend your budget, then you should likely walk away. Minimum Bankroll Generally, it seems that the rule of thumb on forums is that the minimum bankroll when considering the table and budget should be that the starting bankroll should be at least fifty times greater than the minimum bet.
The rationale behind this is that players should have a minimum budget that allows flexibility to bet big on hands while simultaneously leaving room to play a large number of hands. The idea is to start on the low-roller tables and then slowly build up.
Players looking to grow the bankroll too quickly might compromise their gaming strategy by trying to win too much too quickly. The answer to that is definitely: There are several money management systems out there for Blackjack: Positive progressive— The most standard system out there, this strategy dictates that players bet progressively more following winning hands and less following losing hands.
The idea here is to both take advantage of hot streaks and limit the damage from big losses. A sample strategy could have you put double the previous bet following a winning hand, or half the previous bet following a losing hand. Paroli positive progressive — One of the more well-known systems, this system would have gamers on streaks always bet equal to the amount won on their previous hand until the chain of winning stops. One-half up positive progressive — A positive progression system with a bit of a twist, this strategy would only have the player increase the initial bet if they win two in a row instead of just one.