Bankroll Management When Playing Blackjack - Blackjack Bankroll Management Tips
One of the biggest concerns for blackjack players is proper blackjack bankroll management. There are a number of considerations to make for managing your bankroll when playing blackjack, including how much you should bet on individual hands, the best deposit and withdrawal methods to use, and how best to take advantage of the many promotions and bonuses offered by online blackjack sites. Here are a few general tips to get the most out of your online blackjack experience.
Use cryptocurrency for deposits and withdrawals. Crypto offers the best deposit bonuses and the fastest processing times, and generally carries no added fees. Start with an amount you feel comfortable with. You can always deposit more money later. Make larger bets on fewer hands played. The expected payout rate in blackjack doesn’t change based on the number of hands played but playing a smaller number of hands increases variability (i.e., luck factor).
What Should My Blackjack Bankroll Be?
While blackjack has the most player friendly payout rates of almost any casino game, you should still never play with more money than you are comfortable losing. Probability dictates that the house will make well under a dollar for every hundred dollars you bet, but runs of bad luck can happen and should be accounted for. The best way to manage your bankroll when playing blackjack to maximize your winnings is to take advantage of large deposit match bonuses offered by legal blackjack sites.
Best Blackjack Sites
1
Ignition:
Ignition has been one of the best online casinos to play blackjack with and for several reasons. First off, there is always going to be an open seat with 34 total live dealer tables and another 10+ digital blackjack games. They also offer a top of the line mobile platform which allows you to play blackjack from both a smartphone or tablet as long as there is a stable enough internet connection.
2
Bovada:
Blackjack is one of the most popular games played at Bovada in both digital and live dealer form so they are always looking to perfect their gameplay. One of the biggest benefits to playing blackjack on their site are the online casino bonuses that they offer new users. The first is a three-part, $3,000 bonus where they’ll match your first three deposits by 100% up to $1,000 each time. The second bonus is a crypto welcome bonus where they’ll match your three initial deposits by 125% up to $1,250 every time.
3
Slots.lv:
Cryptocurrency is widely accepted on Slots.lv and can be used to play all of their blackjack games. The main crypto that people use to play blackjack here is Bitcoin. All you need to do to play with Bitcoin is use the share link given to you by Slots.lv and send your funds from your wallet to that link. There are also zero fees and the quickest processing times when using crypto to play here.
4
Cafe Casino:
Café Casino offers an incredible platform for playing blackjack where all of their blackjack games are easily accessible. Right from their homepage, you could click on their blackjack tab and you’ll find all of the eight digital blackjack games. A few tabs over, you’ll find the live dealer tab where you could play blackjack with a real dealer and other real players like you would at a normal casino.
How Do Betting Units Work In Blackjack?
Betting units work differently for legal blackjack based on the site used. Some websites allow you to select a custom wager amount for each hand, while others require players to bet in specific increments like they would with chips at a casino. Most will require you to bet in these increments, however. During a hand of blackjack, you will have the option to double down, meaning that your initial wager is doubled and you receive an additional card.
How Much Should I Bet Per Hand Of Blackjack?
As mentioned previously, the expected payout rate does not change based on the number of hands played, so this comes down to personal choice. For players who are comfortable with smaller returns in exchange for less risk, small bets are ideal. Players who want to win large sums should bet high on a small number of hands and hope for a lucky break or two, as the more games they play, the more opportunities there are for the house edge to take a cumulative advantage.
When Should I Raise The Bet In Blackjack?
After you receive your initial two cards, you will sometimes be given the option to double down on your initial wager. Whether or not a player should double down depends largely on the value of their own hand and the value of the dealer’s up card. Ideal blackjack strategy is a deep, nuanced topic that merits its own discussion, but as a rule of thumb, players should look to double down in the following situations:
- The player’s hand total is 11
- The player’s hand total is a hard 10 (no ace) and the dealer’s upcard is a 4, 5 or 6
- The player’s hand total is a hard 9 and the dealer’s upcard is a 5 or 6.
When Should I Lower The Bet In Blackjack?
You can’t arbitrarily lower your bet in the middle of a hand of blackjack. However, this is all about timing. If you have been playing a while and find yourself up, lowering your bets is advised. Though you have more to play with, ensuring you keep a profitable bankroll is important. On the flip side of things, when going on a cold streak, lowering your bet in blackjack can create more hands.
When Should I Walk Away From The Blackjack Table?
As soon as you become uncomfortable with the results on the table, you should walk away. While blackjack offers great returns relative to other casino games, never make the mistake of assuming that you’re “due” for a winning streak. Every blackjack hand has the same odds, so a continued losing streak is just as likely as a string of wins. An important aspect of managing your blackjack bankroll is betting responsibly, and sometimes, that means accepting your losses and trying again another day.