When Doubling for Less Gives You More
By Kenneth R. Smith
Ken Smith hosts the popular website www.BlackjackInfo.com as well as the online tournament community at www.BlackjackTournaments.com. Considered one of the best tournament players in the country, he has appeared on TV in GSN's World Series of Blackjack 2004 and 2005, the Las Vegas Hilton Million Dollar Championship II finals, and is also featured in the upcoming Ultimate Blackjack Tour. You can subscribe to his free email newsletter athttp://www.blackjackinfo.com/news/.
A recent post by JoeP on the BlackjackTournaments.com message boards described an interesting hand, and drew attention to a powerful application of the tournament strategy of doubling for less. The idea isn't new, first being described as Example 2 in my article "Doubling for Less, A Powerful Tournament Strategy". But it's well worth revisiting this idea, because it makes a huge difference when the situation arises.
Here's the example (Note: BR1 and BR2 designates the table players with the highest and second highest bankroll respectively):
BR2 has $262,000, bets $100,000 and is dealt a hard 16.
BR1 has $265,000, bets $100,000 and is dealt a pair of 9s.
The dealer shows an 8 up.
BR2 predictably doubled down here, but the double-down amount is critical here...
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