OK, I'm up to $88,000. No, no, wait! That's $8,838. $11,000 loss. Hm... maybe I shouldn't take up BJ with real cash quite so fast. That's it, I busted my *** for now. I'm taking a break....
well, for example: if you lose 10-times in a row, and the next 10-times the dealer wins in a row. Most likely you are due for a win. that is what I meant by 'odds.'
You don't know much about probability. The cards don't have memory. Each hand is 1:2 (simplifying for minimal house edge) of winning. Anyone of the more knowledgable posters in this thread could have predicted you busting before you started. If you want to gamble and make money. Either learn to count cards, or learn poker. You could even try sports betting.
how depressing. yeah but... casinos aren't broke because plenty of people lose at 21. even though I am down $11,000 right now, it is just a temporary setback. I'll figure out what I did wrong and come back TWICE as strong! you'll see. I won't stop until I turn my $1,000 account into $100,000. because I'm a winner. (look at it this way... how many successful global currency traders do you know who play BJ?)
perhaps. but I do think I am actually exercising some control. and if you combine control with money management then you can gain more money than you lose. the house cannot control what you bet per hand, only what the min and max is. and since the house never bets it has no control whatsoever in that area over itself. It can only win or lose what YOU bet. we got to look at what the strength(s) of the house really is. is not their precious "17" some kind of a specific number? they either hit a soft 17 or don't. and they cannot hit any number higher and they MUST hit anything lower. surely that means something.... and if that stronghold is a key, then figuring out how to exploit it is just a matter of time and thought. remember, 21 is not a perfect numerical game guaranteed against the player(s) (to lose).
well, I play the lottery (super lotto and mega millions <-- the multi-state lottery) because I think the odds are good. all you have to do is hook up ONCE. and the payoff can be in the hundreds of millions. therefore it is worth it to lose some money trying.
THAT'S EXACTLY WHAT IT IS! As long as you don't count cards, the house edge will eat away your bankroll. By all means, you're no winner.
yeah but, then how did I get up over $20,000 from starting with $1,000? I see this as very similar to trading, forex and drawdowns. right now I was in the hole $11,000 because I was in a drawdown. so what?
Okay I'll give you a mission. For the next ten days. Start an online casino account with $1000, and attempt to turn it into $10,000 each day. You'll understand how blackjack works at the end.