Quote:
In Blackjack, even if you are a great player the house still has 2% edge.

In Blackjack, even if you are a great player the house still has 2% edge.

First point  slots are bad. No skill required, just dumb luck.
Blackjack on the other hand is a game where you can play well and win regularly. Buy a blackjack book and learn to play  these aren't betting strategies (they're different)  these books are about whether to sit, stand or hit if you've got a 3 and a 10 and the dealer has a 10 and a 5 etc (stand), or try an online trainer. http://www.hitorstand.net/game_m.html When I sit down at a blackjack table and lose 4 or 5 hands in a row. I get up an leave. Walk over to the bar and chill for half an hour. Then go back to the table and try again. If the dealer is still winning too many (in my opinion) I'll leave the table again. I know it sounds stupid, but anybody who has spent time at a blackjack table will have seen this. Regardless of how good your hand is the dealer either matches you (blackjack for example) or beats you. Then the time comes when the dealer keeps busting or you keep getting great hands. My approach is to be in the game when the tide turns. Double up, split and go for gold. The run won't last but you can sure make up a fair bit of ground when it happens. The other rule I always play is that when I have doubled my money  I stop playing. Cash in and have a few drinks. If I decide to play again, it's like starting over, but only with the same starting amount as my original pot  the rest stays in my pocket. In all of my trips to casinos (maybe 50 or so times) I have only ever walked out with a loss once. And that was a couple of years ago when I sat down at the table and the tide was already in my favour. I was $200 up after 10 minutes (playing $5 and $10 hands this is a lot). The problem was that the dealer then started winning and I walked away  good so far. But I had only been there for 30 minutes and didn't want to go home yet. I had a few drinks and decided to play again. After playing and walking back to the bar maybe 10 times I realised that my luck had been done. I had dipped into my winnings and was then down by my starting money and half my winnings; I finally decided to go home. Moral to my story is: make you own rules and stick to them. Wins and losses. It's a bit like buying stocks actually. 
Baccarat statistically has the best odds..but people always think Poker and Blackjack are "the games" because there is mutual competition.
People fail to realize that. Your most baller casino rats, usually are baccarat players (because you have the best odds in the house of winning), even though your poker and blackjack players are more high profile... 
So if you have walked away from blackjack tables a winner 49 times out of 50, that's a 98% success rate. My main problem with believing this is there seems to be no basis for your system to statistically do any better than a 50% success rate. And if that is true, then winning 98% of the time after 50 attempts would be about as likely as flipping a coin 50 times and calling heads or tails right 49 times. I never learned much about statistics, but my guess is the odds of doing this are in the neighborhood of 1 in 2 kajillion. Of course if I am wrong and your system continues to work that well, then you have a fairly easy way of making boatloads of money. BTW, have you had a chance to read any of my previous posts in this thread?

As for the percentages I could tell you about the two nights in a row I walked into a casino and put $5 into a slot machine as I was walking past (we call them poker machines or 'pokies') and won $500 and $350.

So if you have walked away from blackjack tables a winner 49 times out of 50, that's a 98% success rate. My main problem with believing this is there seems to be no basis for your system to statistically do any better than a 50% success rate. And if that is true, then winning 98% of the time after 50 attempts would be about as likely as flipping a coin 50 times and calling heads or tails right 49 times. I never learned much about statistics, but my guess is the odds of doing this are in the neighborhood of 1 in 2 kajillion. Of course if I am wrong and your system continues to work that well, then you have a fairly easy way of making boatloads of money. BTW, have you had a chance to read any of my previous posts in this thread?

Nope. I never called it a system  otherwise I would package it and flog it on late night TV. It's a set of rules that I apply to my own gambling.

I never said that I walk away from the table 98% a winner. I said I leave the casino 98% a winner  actually I do remember one other time I walked away losing (96%). I have walked away from tables with only a few bets left, but waited by the table for the tide to turn and then jumped back in  call me opportunistic.

Everyone who has ever gambled knows that at times you're up and at times you're down. This should not be in dispute.

My approach sees me walk away from the table when I am up by the prescribed amount (usually double my money).

The single biggest cause of people losing is that they don't know when to walk away and take the profit. Someone else in this thread made a comment about not knowing when to take the win.

As for the percentages I could tell you about the two nights in a row I walked into a casino and put $5 into a slot machine as I was walking past (we call them poker machines or 'pokies') and won $500 and $350. What would be the odds of that? Or the time I split aces twice and got three aces and ended up with two blackjacks and a twenty (or similar). What are the odds?
