Re: Could this be an always-profit Blackjack strategy?
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I just thought of this strategy now.
Say you want to make $5 from blackjack, and you have a bankroll of $80,000.
You could do a $5 hand, if you lose, do a $10 hand, if you lose, do a $20 hand, etc. untill you win. Obviously the odds are so so so small that you would not win at least once before losing $80,000 (15 hands in a row), and if you win a hand, you profit $5. Is there a flaw to this?
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Betting strategies don't change the underlying odds of a game - they just redistribute your wins and losses. Normally you get a mix of a few large wins, a lot of small wins, some roughly breakeven sessions, a lot of small losses (slightly more than the small wins), and a few large losses (slightly more than the large wins). With your system, you have a huge number of $5 wins, with a tiny but realistic chance of a gigantic loss. Long losing streaks in a just-below-breakeven game are not nearly as uncommon as you think.
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