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Blackjack Insider Newsletter, Oct. 2003, #45

Dan Pronovost is the owner and president of DeepNet Technologies, makers of a wide range of blackjack training products and software. Dan recently released a new e-Book, Blackjack Count Master which uses a series of exercises based on his software to teach readers how to master card-counting in blackjack. Their web site is: www.HandheldBlackjack.com.

How important is your Bet Spread?

By Dan Pronovost

In this article, we examine the impact of your bet spread: the range from your minimum bet to your maximum bet, corresponding to the card count advantage.

Bet spreads and card counting

Almost all effective card counting systems generate a player advantage by having the player bet less on rounds where the edge is in the casino's favor, and by betting more when the player has the positive edge. Computer simulations prove that as the distribution of remaining cards changes from the average, the player advantage will vary enormously. With most count systems such as Stanford Wong's popular High-Low method, we look for a higher than average number of tens and aces remaining to be played. With High-Low, we keep track of the running count by summing the twos to sixes at a value of +1, and the tens and aces as a value of -1 (7, 8, and 9 have no value). We then divide the run count by the number of decks remaining to be played, to come up with the true count. Using Blackjack Audit, a blackjack simulator from DeepNet Technologies, we can compute the player expectation (sum of all winnings plus losses, divided by the sum of all bets) across a range of true counts. For example, Table 1 shows the results for the following game: eight deck, S17, DAS, 75% penetration, Full High-Low count system with indices, 1 to 10 bet spread, 1 billion blackjack simulation rounds in BJ Audit.

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