Gambling Spread Calculator
- Gambling Spread Calculator Monthly
- Gambling Spread Calculator Formula
- Gambling Spread Calculator Vs
- Gambling Spread Calculator
- Gambling Spread Calculator Chart
Card counters operate under the (correct) assumption that even perfect blackjack strategy is a losing proposition. That’s because basic strategy gives no indication of the likelihood of a dealer or player bust. Basic strategy requires you to hedge your bets in certain playing situations, meaning you are just as likely to win as to lose.
Keeping a running count improves on basic blackjack strategy by indicating when you can deviate from that strategy and still have a decent chance of winning. If you know there are more small cards than large ones, you can safely take hits on those pesky 15 and 16 point hands and improve your chances of beating the dealer. You can use a running count to know when to increase your bet size to maximize your profits, and when to decrease your bets to protect yourself from potential losses.
Bet Calculator Our Bet Calculator allows you to automatically calculate the Payout for any given combination of Stake and Odds, including Multiples. Enter the Stake and Odds for your bet and the Bet Calculator will automatically calculate the Payout. Add Odds for Multiples.
- Sports Betting Odds Comparison Excel Spreadsheet 2020 (Updated) Parlay Calculator (with Push) for Sports Betting 🔢 No Vig Calculator: Find the Vig Free Odds 🔢 NFL Odds Excel Spreadsheet 2020 🏈📈 (Live Updates) Best Sports Betting Odds Calculator and Converter; Probability to Odds Calculator for Sports Betting 🔢 (American and Decimal).
- Spread betting size calculator — a free tool that lets you calculate the size of the bet in pounds per point to manage your risks accurately. Spread bet size does not depend on the currency pair you trade or even your account currency, so it is pretty straightforward. The formula is: bet size = (money risked / stop-loss amount).
These changes in the bet size are known as a “betting spread,” a tool used by counters to increase profits and decrease losses without drawing the attention of the casino. Ideally, you can make small changes to your bets without the casino figuring out that you’re a card counter and (politely) asking you to leave.
Betting Spreads and Positive Expectation
The name of the game in card counting is turning blackjack into a positive expectation game. Peter Griffin’s book “The Theory of Blackjack” worked out some numbers pertinent to card counters. Using standard Las Vegas rules and a basic High-Low card counting system, a player’s advantage with perfect strategy when the count is zero is -0.56%. According to Griffin, each increase by 1 of the running count improves the player’s advantage by +0.5%. Naturally, every decrease by 1 of the count reduces the player’s advantage by 0.5%.
Editor’s Picks for Best Online Blackjack in 2020
- Multiple blackjack games
- Publicly traded company
- Multi award winner
- RTG Blackjack
- ViG Live Blackjack
- BTC Bonuses
- Live Dealer Blackjack
- 24/7 Live Support
- Trusted since 2007
- Online and mobile blackjack
- Great for U.S. based players
- New and fresh
Positive Count and Percentages
We know that, statistically, a standard Vegas game of blackjack will only offer certain counts some of the time. Positive expectation only happens with a +2 count, which will only happen about 8% of the time. Truth be told, a positive count can only be expected about 18% of the time you’re playing–that’s why it is important to spread your bets, even if you’re keeping a running count and playing according to basic strategy.
What’s the Best Bet Spread?
People much smarter than you and me have determined that a bet spread between 1 and 5 units is the best way to avoid undue attention from the casino. By this reckoning, you should bet 1 unit for a +1 count, all neutral counts, and all negative counts. A +2 count means 2 units, a +3 count means 3 units, a +4 count means 4 units, and anything over +4 means you bet 5 units. Going over 5 units is likely to attract unwanted casino heat.
Using this system and perfect blackjack strategy, you can expect a positive return of about 0.14%. You’re not going to get rich with small wins under this system, but it will turn a negative expectation game into a positive one.
Gambling Spread Calculator Monthly
Larger Bet Spreads
The only way to increase your expectation is to use a 1-10 unit bet spread, which is sure to get you kicked out of any casino eventually. Still, as long as you can get away with a 1-10 unit spread, you can play with an edge of about 0.57%, or about three and a half times greater than with a 1-5 unit spread.
Gambling Spread Calculator Formula
Since casinos have implemented rules and strategies to counteract card counting, the easy to beat blackjack tables have disappeared. Casinos are now instituting a 6:5 blackjack payout rule, for instance, that automatically makes the game not worth the time it takes to count cards and develop a bet spread. Perfect blackjack strategy is often as good as you can get at today’s blackjack tables, since even the most aggressive counting and bet spreading gives you only about a .5% edge.
Related News
Spread betting size calculator — a free tool that lets you calculate the size of the bet in pounds per point to manage your risks accurately. Spread bet size does not depend on the currency pair you trade or even your account currency, so it is pretty straightforward. The formula is:
Please do not confuse this calculator for spread betting position size with spot Forex position size calculator.
Gambling Spread Calculator Vs
You can set the risk as percentage of your account or as some specific amount of money. You can just fill the small form below and press the 'Calculate' button:
Gambling Spread Calculator
This calculator can work with any trading instrument offered by your spread betting broker. Make sure you are entering correct stop-loss amount in your broker's points. The calculator form uses pounds, but the results are accurate even if your account currency is not in GBP for some reason.
It is very important to know the amount you are risking before engaging into a trade. It is the only way to follow a money management strategy. It is a good routine to perform before placing your bets. Professional traders always control the amount they might lose in a given spread betting position.
Gambling Spread Calculator Chart
You can discuss this calculator and offer your ideas in a dedicated forum topic about it.
You might also find our Fibonacci calculator useful. You can quickly calculate optimum stop-loss and take-profit levels based on the recent trend extrema.