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Progressive Blackjack Betting Systems

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One of the most often asked questions from players about blackjack strategy, is 'how should I bet?' You've got severaloptions and I'll discuss them in this article and offer my recommendation.

  1. Best Progressive Betting System Ever
  2. Progressive Blackjack Betting Systems
  3. Blackjack Betting Guide
  4. Betting Strategy For Blackjack

Flat Bet Blackjack Strategy

Question from a Reader regarding the Martingale Betting System: I lost a substantial amount of my savings playing blackjack at casino name deleted in Atlantic City — almost $30,000. I admit that I was using a progressive betting system — a straight martingale, and I know that won’t give me any advantage — but even so, I feel pretty. The basic concept of progressive betting systems is, as we have already stated, really quite straightforward. It is just about adjusting the size of your stake based on whether your previous bet has won or lost. Exactly how you adjust your stakes depend on the system being used, and whether it is a negative progression or a positive progression. Have you heard of the 1-3-2-6 betting system? It’s a positive progression betting system that’s experts say is influenced by the Paroli technique. It’s a simple system to learn, as you’ll soon find out in the next section. You can use this betting system for just about any game, so. And unlike progressive betting systems, Speed Count will give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution. Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.

This means betting the same amount all the time. Most players don't like to bet this way because they figure if the dealer wins more hands then them they'll never win any money. Also, playersfeel it's boring betting this way. They prefer the thrill of sometimes betting more in the hopes that when they do so, they will win the hand and make a nice profit.

Here are the facts on the flat betting blackjack strategy. If you bet say $5 on every hand in a standard multiple deck game the house will have an edge of 0.5% against theskilled basic strategy player. That means you will lose on average 0.5% of every wager you make. So if you bet $10 on every hand and average 80 hands per hour you will have made a total of $800worth of bets. The casino expects to earn 0.5% of the $800 or $4.00. Of course, the more likely result is that you'll win or lose much more than $4 after an hour of play. But on average you canexpect over time to lose at the rate of $4 per hour.

Let's take an example of a player flat betting $10 on every hand. It's is a conservative betting strategy that leads to a relatively low theoretical loss rate. The fluctuation in this player'sbankroll will also be low which means the likelihood he'll have a big winning or losing session is not great.

Watch 'Why You Should Never Make the Blackjack Insurance Bet with Blackjack Expert Henry Tamburin' (March 2016)

In this video blackjack expert Henry Tamburin explains why a basic strategy player should never make an insurance bet. He gives details on three different situations that a player may encounterand why he considers blackjack insurance to always be a sucker bet.

Progressive Betting Blackjack Strategy

This is where things get interesting. The Progressive betting blackjack strategy is when players vary their bets in some way from one hand to the next rather than alwaysbetting the same amount on every hand. There are all different types of betting progressions but they all have one common denominator. You either decrease or increase your next bet dependingupon whether the hand you just played won or lose.

Win progressions encourage you to increase your bet size after a winning hand. For example, you make a minimum bet of $10 and if you win, you raise your next stakes on the hand to $20.

Betting

There are all different kinds of win progressions. The most common is a 1-2-3-5 progression. This means you increase your bet by the above multiples after each winning hand butas soon as you experience a loss, you start the progression over with a 1 unit bet.

Proponents of win progressions will tell you that you'll win more money if you win 5 consecutive hands compared to the amount you lose if you lose 5 consecutive hands. Of course, what theydon't tell you is that you never know when that 5 consecutive winning hand streak will occur.

There are also betting progressions in which you increase your bet following a loss. These Martingale type betting progressions are dangerous and you should never consider using them.

There are also hybrid betting progressions, which have you increase your bets following a win, but after two or three success wins you lock up some profit and gradually regress your bets. Thecreativity of progressive bettors is never-ending.

First of all, the blackjack strategy for betting progressions does not change the 0.5% house edge one iota. There has never been a correlation between the hand just won (orlost) and your chance of winning the next hand. In other words, using the criteria of the result of one hand (W/L) to base how you bet on the next hand has no scientific validity. So bettingprogressions, in the long run, don't work in the sense that they won't improve your long-term chances of winning.

But here's what betting progressions will do. First off they increase the fluctuation in your session bankroll compared to flat betting. This means you can win more using abetting progression compared to flat betting but you can also lose more. Secondly, betting progressions will increase the amount of money you wager per hour compared to flat betting. If a $10bettor uses a 1-2-3-5 betting progression, his average bet will $20. Over an hour he will average $20 times 80 hands or $1600 worth of bets. The casino's expected win is 0.5% of $1600 or $8. Inother words, a $10 progressive bettor stands to lose twice as much per hour as a $10 flat bettor.

Here's a tip to save you some money in the long run if you insist on using a betting progression. Instead of starting your progression at $10, start at a lower amount (ie. $5). This will reduceyour average bet to $10 per hour and cut your hourly theoretical loss rate in half.

Best Progressive Betting System Ever

But in the long run flat betting and betting progressions don't work in the sense they won't change the house edge against you and you will lose in the long run. So what betting system works?That, my friends, is card counting.

Betting When You Have The Edge (Card Counting)

With card counting, you know when you have the edge based on the change in the composition of the decks and therefore you'll know when it's the right time to bet more. Sounlike betting progressions that are based on whether you win or lose the previous hands, card counting is based on the mix of cards that were played on previous hands. If more small valuecards were played in previous rounds, there are more big value cards left in the unplayed cards, and the edge shifts from dealer to the player. This would be the best time to bet more.

But I'm a realist. Not a whole lot of average blackjack players have the time or mental concentration during play that is required to master one of the popular point count cardcounting systems. These are readily available in blackjack books. But even though millions of blackjack books have been sold since Ed Thorp's classic book, Beat The Dealer (circa 1962) firstrevealed card counting to the masses, the number of players who can successfully win money in the long run at blackjack number in the hundreds and thousands.

So what's the answer to betting at blackjack for the average player? I asked Don Pronovost that same question about four years ago. Don is a software developer that markets blackjack trainingsoftware. He spent the better part of two years and a trillion computer simulated hands looking for the solution to this dilemma. What he developed is Speed Count.

Speed Count is unlike any conventional card counting system. It's much simpler to master and requires much less concentration when you play. And unlike progressive betting systems, Speed Countwill give you a verifiable advantage over the casino You can read about Speed Count in Frank Scoblete’s book, Golden Touch Blackjack Revolution.

Now that you know the scoop on betting at blackjack, I wish you many aces and faces the next time you play.

Henry Tamburin has been a respected casino gambling writer for the past 50 years. He is the author of theUltimate Blackjack Strategy Guide and was editor of theBlackjack Insider newsletter. You can read his latest articles on blackjack, video poker, and his personal playing experiences at https://www.888casino.com/blog/writers/henry-tamburin

Progressive Blackjack Betting Systems

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When most people think of a progressive jackpot, they think of a slot machine game.

But other games have progressive jackpots these days, too — including blackjack.

This post explains how a progressive jackpot works in general and in a blackjack game specifically. It also examines whether you can get an edge over the casino and whether it’s even worth it to place these progressive side bets.

What Is a Progressive Jackpot and How Does It Work?

The original progressive jackpot game was the slot machine. Slots have always featured jackpots, but they didn’t start featuring progressive jackpots until relatively recently — the last few decades.

A progressive jackpot is one that gets progressively larger as you play the game. The machine takes a percentage of each bet you make and adds it to the jackpot amount, which always starts at a base amount. That base amount is the seed jackpot, and the casino puts that money into play.

With slot machines, you originally had three kinds of progressive jackpots — single machine, local area networks, and wide area progressives. A single machine progressive jackpot grows as you play that machine, but it stays the same when you walk away.

A jackpot with a local area network is one that consists of several slot machines networked together, but they’re all in the same casino. Usually, they’re in the same area of the casino, too.

Blackjack Betting Guide

Every wager on each of those machines contributes to the jackpot. When it’s won on one of the machines, it resets to its base amount on the entire network.

Progressive

A wide area progressive jackpot is one in which multiple slot machines — maybe even hundreds or thousands of machines — all feed into the same jackpot. These jackpots can get huge, like lottery jackpots do.

Progressive Jackpots and Table Games Like Blackjack

More recently, casinos have started offering table games with progressive jackpots. Some of these are newer games like Caribbean Stud. Sometimes they’re in the form of a “bad beat jackpot” in the poker room.

And sometimes they’re older games like blackjack, craps, or roulette.

With bad beat jackpots in the poker room, the casino collects a slightly higher rake than usual to pay for the jackpot. The rake is a percentage of each pot that the casino collects in exchange for hosting the game. It’s usually 5%, but in a bad beat jackpot game, it might be slightly higher.

With bad beat jackpots on table games like blackjack, craps, or roulette, the game usually plays normally. Your bets are adjudicated according to the standard rules of the game. The progressive jackpot is usually a side bet (a proposition bet) based on specific outcomes in the game.

In these cases, the progressive jackpot bet is a completely separate bet from your bet on the game itself. The progressive jackpot bet usually has no skill element to it, either.

An example of a progressive roulette game is Microgaming’s “Roulette Royale,” which has a starting jackpot of $60,000. To play, you just play the regular roulette game as normal, but you also place a separate side bet of $1 on the progressive jackpot.

Progressive Blackjack Betting Systems

The game awards the jackpot if the same number gets picked five times in a row.

What are the odds of that?

Since Roulette Royale is based on European roulette, the probability of getting a specific number is 1/37.

Progressive Blackjack Betting Systems

To calculate the probability of getting a number five times in a row, you just multiply the probability, like this:

1/37 x 1/37 x 1/37 x 1/37 x 1/37 = 1/69,343,957

But you can also win money if the same number gets picked two, three, or four times in a row. If the same number comes up twice in a row, you win 15 to 1 on your progressive side bet. If it comes up three times in a row, you win $200. And if it comes up four times in a row, you win $3,000.

Here’s the thing, though.

You’d be better off just trying to parlay your winnings on a $1 bet.

If you win a 35 to 1 payout five times in a row, you’d see winnings of $35 x 35 x 35 x 35, or $1,500,625.

If you guessed that the house edge for this game is really high, well… good. You’ve been paying attention.

But What About Progressive Blackjack?

I wanted to use roulette to illustrate the principle of a side bet that has a progressive jackpot on a table game, but let’s look specifically at progressive blackjack and how to play.

Microgaming also offers a progressive blackjack game called Triple Sevens. This is a blackjack game dealt from five decks, and if you get a hand that consists of the 7 of diamonds, another 7 of diamonds, and a third 7 of diamonds, you win the jackpot.

There are other combinations which result in smaller winnings, too — enough to keep you interested and placing the side bet. The house edge, though, is high on this bet.

Here are the payouts based on a $1 progressive side bet.

Betting Strategy For Blackjack

  • If you get ANY 7 at all in your hand, you win $5.
  • If you get two 7s of different suits, you win $25.
  • If you get two 7s of the same suit, you win $50.
  • If you get three 7s of different suits, you win $250.
  • If you get three 7s of the same suit (other than diamonds), you win $1,000.

And of course, if they’re all of diamonds, you win the progressive jackpot.

The jackpot for this game generally hovers around $10,000, but as it grows, the house edge gets smaller. The break-even point is $109,000, at which point the game becomes positive expectation.

Should I Play a Progressive Jackpot Game If the Expectation Is Positive?

Here’s the thing about progressive jackpots and expected return.

In some cases, the expected return doesn’t matter. If the odds of winning are so bad that you realistically never hope to win that bet, it isn’t worth gambling for the progressive jackpot — even if it’s a positive expectation bet.

That’s because the volatility is so high that you won’t realistically ever see the jackpot.

You’re better off finding a game with lower volatility even if you have a lower (but still positive) expected return.

Of course, you’re dealing with two different house edge figures in Triple Sevens Blackjack. You have your main bet, which is just a regular blackjack game. The house edge for that game is around 1% or so if you play with perfect basic strategy.

The house edge for the side bet is about 37% if the jackpot is $10,000. Every $10,000 you add to the jackpot subtracts 3.5% from the house edge, which means that the side bet becomes positive expectation once the progressive jackpot hits $109,000 or so.

And don’t forget that probably 10% of the bet goes toward increasing the size of that jackpot, too. The house keeps the rest, but that’s a huge chunk subtracted from your expected return.

If you’re just looking for the lowest house edge with the lowest volatility, I can’t recommend playing Triple Sevens. Other Microgaming blackjack games have better odds. The Vegas single-deck game has a house edge of just 0.31% if you play with perfect basic strategy.

Other Progressive Blackjack Games Besides Triple Sevens

That’s just one example of a blackjack game with a progressive jackpot. Land-based casinos have their own progressive jackpot blackjack games.

Here’s an example.

At one casino, the progressive jackpot is based on your first two cards combined with the dealer’s two cards. The jackpots pay out for the following combinations:

Systems
  • 4 aces of the same color (red or black, either one) pays off the progressive jackpot
  • 4 aces of different colors trigger a 2000 to 1 payout
  • 3 aces of the same suit trigger a 1000 to 1 payout
  • 3 aces of different suits trigger a 200 to 1 payout
  • 2 aces of the same suit trigger a 50 to 1 payout
  • 2 aces of different suits trigger a 15 to 1 payout
  • 1 ace of any suit triggers a 3 to 1 payout

This is an interesting variation because it affects strategy in subtle ways. One of the quirks of this game is that if you split the aces, you become ineligible for the jackpot. Most of the time, the correct play is to keep the aces together so that you can get the payout for the jackpot bet.

Progressive Blackjack Betting Systems

Playing in a blackjack game with a side bet on a progressive jackpot isn’t the only way to win a lot of money at the blackjack table. You could also use a progressive blackjack betting system.

A progressive betting system is one where you increase the size of your bets according to some established system.

And the system I’m going to share with you is dead simple.

Your goal with a progressive jackpot is to win a lot of money.

I call this my “go big or go home” blackjack strategy.

It’s simple, too. You’re going to play at a casino offering a $1 minimum bet and a $150 maximum bet. Your goal is to win $150.

With this system, you just let your winnings ride until you hit your win goal.

Assuming you don’t get a natural, you don’t need to win many hands in a row to achieve your goal, either. Here’s what the progression looks like:

  1. $1
  2. $2
  3. $4
  4. $8
  5. $16
  6. $32
  7. $64
  8. $128

Once you’ve won eight hands in a row, you’ve achieved your goal. Of course, that’s not a life-changing jackpot, but it’s still a big win for a dollar bet.

A better way to do this would be to find a casino with a bigger spread of betting limits. You might find a casino that offers $5 blackjack as their minimum bet but which also has tables that allow you to bet as much as $5,000.

Here’s how many hands you’d need to win in a row to win $5,000:

  1. $5
  2. $10
  3. $20
  4. $40
  5. $80
  6. $160
  7. $320
  8. $640
  9. $1,280
  10. $2,560

You’re probably thinking, “What are the odds of winning 10 or 11 hands of blackjack in a row?”

The truth is, the odds are slim.

But even though you’re facing long odds with this betting progression, you still have a better probability of a big payout by parlaying your winnings and letting them ride than you have of hitting the big jackpot.

The odds are a little worse than 1100 to 1, but since you’re looking at a 1000 to 1 payoff on the parlay, it’s not a terribly high house edge when compared to something like 35%.

The only trick is that you might need to switch blackjack tables after winning a few hands.

If you win seven hands in a row, you need to be able to bet $640 on the next hand. At a $5 minimum table, you usually can’t bet more than $500 per hand.

No problem. You just need to switch to one of the higher-limit tables.

If you play blackjack online, you can find even lower table limits. $1 blackjack is common at online casinos, and many online casinos even offer blackjack for 10 cents or 50 cents per hand — something unheard of in a brick and mortar casino.

You have to win a lot of hands in a row to turn 10 cents into something worth having, but it can be fun to try.

Also, if you occasionally get a natural with its 3 to 2 payout, you can get there even faster. You’ll see a natural more often than you might think, too.

You should, if you try this go big or go home strategy, stick with basic strategy for all your decisions. Don’t make the mistake of adjusting your play after winning four or five bets in a row. That’s a common mistake for beginners, who think they need to avoid busting to continue their progression.

Don’t do that.

Make the mathematically optimal play on every hand, which is what basic strategy tells you to do.

If you’re counting cards, you might make strategy adjustments based on the count. Then again, you’ll probably have an entirely different strategy for raising and lowering the size of your bets.

Conclusion

You want to know how to play progressive jackpot?

Here’s a simple, if tongue-in-cheek answer: very carefully.

Most of the time, a progressive blackjack game requires you to make a side bet where the house edge is 10% or higher. This takes blackjack, which is a game with some of the best odds in the house, and turns it into a game with a huge house edge.

You might as well play keno or the lottery or find a progressive slot machine to play.

If you want to combine that low house edge on the main blackjack game with the opportunity to win a big jackpot, this might be a fun way to play.

But I can’t recommend it in good conscience.

The odds are just too lousy.

Still, I don’t think anyone should judge someone else for the way they like to gamble. What entertains you might not entertain me, and vice versa.

That’s what gambling is all about, anyway — entertainment.

Keep that in mind, and you’ll be all right.

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