Betting at Casino Gambling

Question

Playin blackjack.

Carrying $500

Is it better to bet high or is it better to bet low

ex: keep on betting $5-15 bets, and jus fluckshuait all night

ex: or bet $200 and win big or lose

Answer 1

In terms of the odds of walkign away with more money than you started with, placing larger wagers is better. Even though its better for the odds of winning, verythign will hapen faster though, and if you lose it may only be 15 minutes after you sat down which may or may not be acceptable if you say are flying out to vegas for 5 days and that money has to last you the whole week.

The reason for this is because as you play fewer and fewer trials, the house egde has less of an impact. While playing for large amounts of money, in a short time you will either go broke or will have won so much money you wont know what to do with it, and you will stop playing, the less you play the more likely you are to walk away with money,

***not that you are MORE LIKELY to walk away with money EVER, but you are more likely to do so than you would be if you were playing twice as many trials for smaller amounts of money.

If your playing blackjack make sure you buy a basic strategy card at a gift shop and obey it no matter what you think about the plays it says.

Also, NEVER bet more than half of the money you have on you, because if you bet all of your money on one hand, you wont be able to double down or split. Failure to double down and split will increase the house edge 10 fold from what it could be under perfect playing strategy.

You can learn about basic playing strategy here: http://www.hitorstand.net

Answer 2

If you have time to kill, it is better to bet low. First, you may be able to survive a string of bad luck and last until the good luck kicks in. Second, if drinks are served for free to players, the longer you play, the longer you get free drinks, which is always a bonus.