Internet BlackJack

[HizayGizirlz]

I was wondering if anyone has made a profit overtime at online black jack or any other casino game. My feeling on blackjack is that w/out being able to see other cards around you, as well as not know when the deck is reshuffled makes it impossible to show any type of long term profit.

Thoughts?
MP

[Iceman]

[ QUOTE ]
I was wondering if anyone has made a profit overtime at online black jack or any other casino game. My feeling on blackjack is that w/out being able to see other cards around you, as well as not know when the deck is reshuffled makes it impossible to show any type of long term profit.

[/ QUOTE ]

They either shuffle every hand, or they have very little penetration and don't tell you when they shuffle. In either case, online blackjack games are normally unbeatable.

There are three ways to make money on online blackjack:

1. Bonus chasing. This isn't nearly as profitable as it used to be, since on most sites these days the bonuses aren't that large and they require huge amounts of wagering to collect them.

2. Tournaments and SNGs. In a typical SNG, there are five players, you pay $15+1, $30+2, or $50+3 to enter, you play 15 hands, and there's a rotating button that lets you act last on that hand only. After 15 hands, the person with the most chips wins $50, and the person with the second most wins $25. It doesn't matter how many chips the winner has - if everyone is behind or everyone is ahead, the only thing that matters is how you compare to the others. As long as you can play some approximation of basic strategy, then knowing how to size your bets and use position are far more important than whether you know every obscure detail of basic strategy, and card counting doesn't really come into play. Many of the players really have no idea how to play a tournament (betting half their stack on the first hand, etc.) making them effectively dead money, although the luck factor between serious players is very high (on the last hand everyone except the leader will usually bet the maximum, then double and split if possible, so that one hand is usually the deciding factor). I only know one site (global-player) that has them, and they only have multitable tournaments once a week, and the SNGs only go some of the time.

3. Promotions. Sometimes sites have promotions where for one day or for a few hours they change the rules in ways that actually make the game +EV - 2:1 blackjacks, etc. These are rare, but worth looking out for.

[playersare]

you generally can't "win" online blackjack because they shuffle after every hand, and so the built-in house advantage stays constant.

however, with signup bonuses factored in, you expect to "lose" a certain amount of the free matching funds but still have net profit left over in the end. as long as you always play under a bonus, you can make decent money over time.

[ppchips]

always loose when I get like double up . I have played for years in rl and I don't trust online casinos

[jaym]

Where are these online blackjack tournies you speak of?

[Iceman]

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Where are these online blackjack tournies you speak of?

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http://www.global-player.com/pages/04_sit_and_go.html
http://www.global-player.com/pages/04_multiplayer_blackjack_tournament.html

[HizayGizirlz]

[ QUOTE ]
2. Tournaments and SNGs. In a typical SNG, there are five players, you pay $15+1, $30+2, or $50+3 to enter, you play 15 hands, and there's a rotating button that lets you act last on that hand only. After 15 hands, the person with the most chips wins $50, and the person with the second most wins $25. It doesn't matter how many chips the winner has - if everyone is behind or everyone is ahead, the only thing that matters is how you compare to the others. As long as you can play some approximation of basic strategy, then knowing how to size your bets and use position are far more important than whether you know every obscure detail of basic strategy, and card counting doesn't really come into play. Many of the players really have no idea how to play a tournament (betting half their stack on the first hand, etc.) making them effectively dead money, although the luck factor between serious players is very high (on the last hand everyone except the leader will usually bet the maximum, then double and split if possible, so that one hand is usually the deciding factor). I only know one site (global-player) that has them, and they only have multitable tournaments once a week, and the SNGs only go some of the time.


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Thanks for the link the the site and everything everyone has contributed thus far.

I definitely will try out the sin n gos in the near future.
I have three followup questions to this quote:

When you do these tournaments are they played w/ a certain number of decks so u could at least keep track of tens? I guess it really doesn't matter playing 15 hands As you pointed out card counting becomes less of a factor, but still could this give you even the slightest of edges.

Second in regards to your comment of people w/ the exception of the leader going all in on the final hand. How would the leader combat this? it just seems that in 14 hands assuming you are the leader; 2 people of the remaining four may be complete dead money and have no chance even if they double up, however i would imagine the other 2 could be legitimate threats and if the leader is out of position it forces him to go all in as well just to make the money, making this a 1 hand craps shoot well over 50% of the time.

In the BJ sit-n-gos that you have played in not including yourself of the four remaining players on average how many do you consider threats or feel as though they know what they are doing and are not dead money

Thanks

[Iceman]

[ QUOTE ]
Thanks for the link the the site and everything everyone has contributed thus far.

I definitely will try out the sin n gos in the near future.
I have three followup questions to this quote:

When you do these tournaments are they played w/ a certain number of decks so u could at least keep track of tens? I guess it really doesn't matter playing 15 hands As you pointed out card counting becomes less of a factor, but still could this give you even the slightest of edges.

[/ QUOTE ]

The multitable tournaments use Atlantic City rules, 6 decks, and 80% penetration. The SNGs also use 6 decks and Atlantic City rules, but it doesn't say anything about the penetration. (Atlantic City: dealer stands on soft 17, double on any first two cards, late surrender, and up to 4 split hands).

[ QUOTE ]
Second in regards to your comment of people w/ the exception of the leader going all in on the final hand. How would the leader combat this? it just seems that in 14 hands assuming you are the leader; 2 people of the remaining four may be complete dead money and have no chance even if they double up, however i would imagine the other 2 could be legitimate threats and if the leader is out of position it forces him to go all in as well just to make the money, making this a 1 hand craps shoot well over 50% of the time.

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It's not really a crap shoot, since the leader has a better than 1/3 chance of winning 5x his money.

Out of position against multiple opponents who can beat you, unless you have a huge lead you often have to bet aggressively. Against three people who can potentially beat you, there's a good chance someone will get lucky, meaning that you often have to bet the maximum also (or just enough to beat your nearest rival if you both win) and just hope you win the hand. Against one opponent, you should often bet the minimum, since after all the dealer will beat him more than 50% of the time, and if you make a huge bet you give him a much larger positional and informational advantage. If only one guy can beat you, but you only have a small lead, then after the cards are dealt if there's a good chance he will bust then sometimes your best play is to just surrender, which forces him to hit. With a small chip lead out of position, you should often stand on 12-16 rather than take any chance at all on busting, since if you bust then your opponent can beat you by surrendering.

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In the BJ sit-n-gos that you have played in not including yourself of the four remaining players on average how many do you consider threats or feel as though they know what they are doing and are not dead money

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A typical lineup is one strong player, 1-2 okay players, and 1-2 idiots. The okay players can still be dangerous if they are lucky.