A Little Knowledge Goes a Long Way
By Kenneth Smith
In tournament blackjack, having just a little knowledge about tournament strategy can dramatically improve your chances of success. In recent months, my articles have focused on details of play appropriate for a player who already has some tournament experience. Today Iíll take a step back, and look instead at more general principles that form the most important ideas in tournament strategy. These concepts will give you a big edge over most opponents, and theyíre simple enough that you donít have to study to make use of them.
Like most types of informed gambling, effective tournament strategy is all about Risk Management. To win a table, youíll usually have to risk much of your bankroll at some point. The key to long-term success is to make sure that you get full value for every big bet you make. If thereís one thought process thatís important in every single decision you make at the tournament table, this is it. Weigh the risk and reward of your choices. If you constantly think in those terms, you can assess the value of different strategies according to your current situation at the table.
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