How To Make Money Off Blackjack

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  1. How To Make Money Off Blackjack Games
  2. How To Make Money Off Blackjack Online
  3. How To Make Money As A Kid

Contents

Mar 29, 2013 Blackjack basic strategy is a blackjack chart that includes all the possible combinations of your hand against the dealer's hole card. While you won't make money by following the rules of that strategy, it's the first step you should take if you want to turn into a winning blackjack player. This helps you because if the dealer has Blackjack the game is over before any action takes place on the table. This prevents you from building a potentially losing hand, which saves you money. Vary where you play. If you're playing blackjack to make a living you will be noticed – whether online or at Land Based Casinos.

  • Yearly salary of a professional blackjack player

What is the salary of a professional blackjack player? It's a common question I hear, but what would seem like a simple enough question actually has a fairly complex answer. First of all, the term 'blackjack player salary' isn't quite appropriate. Professional blackjack players don't make a set amount of money every month like a salaried employee does. Playing blackjack for a living is more like owning your own business or working for 100% commission. Therefore different professional players make different amounts of money based on many varying factors. Some of the more obvious factors being the stakes the played at, the amount of time spent playing and the skill level of the player. There are also many less obvious factors involved in determining how much money a professional player will make. I'm not going to cover all of them here, but just a few of these additional variables include the quality of the blackjack games played, the card counting system used and the size of the player's betting spread.

The 'Salary' (Income) of a Pro Blackjack Player

Blackjack Player EarningsEvery blackjack player has a theoretical 'expected value' of their play. When you bet $100 on a hand, you're going to win or lose $100 (assuming you don't push, double, split, surrender or get a blackjack). However, over time there's an average value of that hand. In card counting, high positive counts create a positive expected value for a card counter and negative counts create a negative expected value. Knowing this, and knowing how to take advantage of this, is the foundation of how professional blackjack players are able to make money.

So exactly what is the total overall expected value for a professional blackjack player? Check out the examples below to get an idea. For simplicity I'm going to do some rounding off and I'll assume only one hand is being played with all counts being played through (no backing out on negative counts).

Bellagio (Las Vegas)
# of decks: 2
Rules: S17, DA2, DAS, no RSA
Stakes: $100 units
Betting Spread: 1-5 ($100-$500)
Penetration: 68%
Counting System: Hi-Opt II with Full Indices
Hands/Hour: 180
Expected Value = $390 per hour
How To Make Money Off Blackjack
JA Nugget (Reno)
# of decks: 1
Rules: H17, DA2, no DAS, no RSA
Stakes: $50 units
Betting Spread: 1-4 ($50-$200)
Penetration: 7 Rounds (heads up)
Counting System: Wong Halves with Illustrious 18 Indices
Hands/Hour: 200
Expected Value = $285 per hour
Foxwoods (Norwich, CT)
# of decks: 6
Rules: S17, DA2, DAS, LS, no RSA
Stakes: $50 units
Betting Spread: 1-10 ($50-$500)
Penetration: 80%
Counting System: Hi-Lo with Sweet 16 & Fab 4 Indices
Hands/Hour: 220 (heads up)
Expected Value = $275 per hour

Needless to say, changing any of the variables listed would alter the expected value of an hour played. Now let's assume for simplicity that a professional blackjack player played each of these scenarios for 5 hours per week. That's a respectable 15-hour work week (nice, right?). Here's what the 15 hours per week would yield in theoretical expected value…

(5 hours X $390) + (5 hours X $285) + (5 hours X $275) = $4,750 per week

$4,750 X 4 weeks = $19,000 per month

Yearly Theoretical Earnings from Playing Blackjack

Okay, so in this example you're looking at $19,000 per month, which would then be $228,000 per year if you played for 12 months. These numbers are theoretical, meaning that your reality will not be exactly there. You might overshoot your theoretical (gotta love that) or you might fall short (not as fun). However, if you play enough hours it all pans out over time, or at least your results will be in the ball park of your theoretical earnings. Getting it all in cash is nice too.

How To Make Money Off Blackjack

If you're contemplating a career as a professional blackjack player, you have to understand your own personal circumstances. You might play more or less hours than this. You might play higher quality or lower quality games. You might not have a very high skill level or you might play at higher or lower stakes. You also need to know what kind of bankroll can handle these levels of action, but that's not something I'm going to get into here. This is just a teaser to show you the potential of a skilled blackjack player rather than a guide on how to actually reach these numbers. If you want to know everything that goes into being highly successful, you're going to need to do more than just read a few pages off a website. You might want to consider my next blackjack class. I apologize for the shameless plug, but whether you want to become a professional player or just make some extra cash on the weekends, my class is definitely a smart investment.

Money

How to make a lot of money playing blackjack without betting a lot.

Every gambler would love to find a get-rich-quick strategy. Unfortunately, they don't exist. No strategy will force a slot machine to pay out its jackpot. No prodigal power of observation will teach you a pattern to the roulette wheel. Blackjack comes with the highest RTPs, but you rarely win better than even money. Two rules will forever prevail in the casino:

How
JA Nugget (Reno)
# of decks: 1
Rules: H17, DA2, no DAS, no RSA
Stakes: $50 units
Betting Spread: 1-4 ($50-$200)
Penetration: 7 Rounds (heads up)
Counting System: Wong Halves with Illustrious 18 Indices
Hands/Hour: 200
Expected Value = $285 per hour
Foxwoods (Norwich, CT)
# of decks: 6
Rules: S17, DA2, DAS, LS, no RSA
Stakes: $50 units
Betting Spread: 1-10 ($50-$500)
Penetration: 80%
Counting System: Hi-Lo with Sweet 16 & Fab 4 Indices
Hands/Hour: 220 (heads up)
Expected Value = $275 per hour

Needless to say, changing any of the variables listed would alter the expected value of an hour played. Now let's assume for simplicity that a professional blackjack player played each of these scenarios for 5 hours per week. That's a respectable 15-hour work week (nice, right?). Here's what the 15 hours per week would yield in theoretical expected value…

(5 hours X $390) + (5 hours X $285) + (5 hours X $275) = $4,750 per week

$4,750 X 4 weeks = $19,000 per month

Yearly Theoretical Earnings from Playing Blackjack

Okay, so in this example you're looking at $19,000 per month, which would then be $228,000 per year if you played for 12 months. These numbers are theoretical, meaning that your reality will not be exactly there. You might overshoot your theoretical (gotta love that) or you might fall short (not as fun). However, if you play enough hours it all pans out over time, or at least your results will be in the ball park of your theoretical earnings. Getting it all in cash is nice too.

If you're contemplating a career as a professional blackjack player, you have to understand your own personal circumstances. You might play more or less hours than this. You might play higher quality or lower quality games. You might not have a very high skill level or you might play at higher or lower stakes. You also need to know what kind of bankroll can handle these levels of action, but that's not something I'm going to get into here. This is just a teaser to show you the potential of a skilled blackjack player rather than a guide on how to actually reach these numbers. If you want to know everything that goes into being highly successful, you're going to need to do more than just read a few pages off a website. You might want to consider my next blackjack class. I apologize for the shameless plug, but whether you want to become a professional player or just make some extra cash on the weekends, my class is definitely a smart investment.

How to make a lot of money playing blackjack without betting a lot.

Every gambler would love to find a get-rich-quick strategy. Unfortunately, they don't exist. No strategy will force a slot machine to pay out its jackpot. No prodigal power of observation will teach you a pattern to the roulette wheel. Blackjack comes with the highest RTPs, but you rarely win better than even money. Two rules will forever prevail in the casino:

  • The higher the payout, the lower your odds of winning.
  • The house always has the advantage.

How to Make a Lot of Money Playing Blackjack

The obvious response would be to bet more. If you want to win five grand on the blackjack table, you place a $5k bet and cross your fingers, right? Wrong! Sure, it might work, or you might be out of five grand in under a minute.

The only way to beast-mode the blackjack tables is to play a variant that allows you to capitalize on the best hands. For so many years, there was no such game. Now, thanks to the creative minds at Evolution Gaming, there is an option. They call it Power Blackjack, because it puts more wagering power in the players' hands.

Power Blackjack by Evolution Gaming

Power Blackjack is a live dealer variant of 21 with two basic rule alterations. One of them benefits players, the other benefits the house, because again, the casino always has the edge. The new rules include:

How To Make Money Off Blackjack Games

Double, Triple & Quadruple Down

The first rule change is the player's ability to double, triple or even quadruple down on a hand. Like the standard Double Down requisites, you can only Triple Down or Quadruple Down on a 2-card hand. Fortunately, you can do this before or after splitting, and on any total. To clarify how these work…

  • Double Down: To double your bet on a hand, taking a single card and standing firm on the result. (Ex: Increase a $5 bet to $10.)
  • Triple Down: To triple the size of your bet, take one card and automatically stand on the result. (Ex: Increase a $5 bet to $15.)
  • Quadruple Down: To quadruple your bet, take one more card and stand on the total. (Ex: Increase a $5 bet to $20.)

These options effectively increase the player's bargaining power, making hands more valuable when they have a higher chance of winning with a single hit. If you're thinking that's an awfully generous adaptation of the rules, you're right. Thus, you can expect the trade off to be steep.

All 9s and 10s Removed

From an 8-deck shoe, Evolution Gaming has removed all the 9s and 10s from each deck. The face cards still remain, of course, but the 9s and 10s (8 cards per deck, 64 cards per shoe, 40% of all 9/10-point cards) have been eliminated.

Removing these cards does make it harder to hit a good card on favorable 10 and 11-point hands, but it is the only answer to that long-sought question of ho to make a lot of money playing blackjack. Making the 4x bet at the right moment is the only way players can elevate their game to beast-mode status.

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How To Make Money Off Blackjack Online

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How To Make Money As A Kid

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