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BJI Newsletter, August 2007, #91

A WORD FROM HENRY

BJInsider.com is sponsoring a blackjack tournament on August 17 at the Tournament Blackjack Players Association Tournament in Laughlin, NV. See below for details.

ALSO... we have a great offer for new BJI memberships AND renewals: get the best-selling 2007 American Casino Guide with over $1,000 in coupons for land-based casinos, for only five bucks! See below for details.

This issue of the BJI covers a lot of ground! The Gamemaster explains the principles of developing a proper betting schedule for team play that includes how much to bet based on your edge, the Kelley Criterion, and Risk of Ruin (if you are in the dark about Kelley Criterion, you definitely need to read this article). Many blackjack players are trying their hand at poker. We've got two articles about blackjack pros that recently competed in the 2007 World Series of Poker (WSOP). Joe Pane interviewed Blair Rodman, who beat a gargantuan field of 2,038 players in the $2,000 buy-in no-limit hold'em event, and won $707,000 and a coveted gold bracelet. 2005 World Blackjack Champion Kenny Einiger describes his transition from blackjack pro to poker player and his stunning 8th place finish in a 2007 WSOP event (good for $46,000). And while we are talking about poker, our poker guru Bill Burton explains "dead money" and how you can avoid being eliminated in the early rounds of poker tournaments (as so many players did in the recent WSOP). Back to blackjack, we've got reports of the latest blackjack playing conditions on several cruise ships in Florida (Ian Macalester) and also from Atlantic City (Frank Scoblete). On the blackjack tournament front you'll find articles on how to use surrender (Ken Smith); an analysis of a win-loss swing in Part 3 in a series on blackjack tournament strategy (The Babe); a report on what it was like playing in a recently televised World Series of Blackjack tournament (Norm Sheridan); and a schedule of upcoming blackjack tournaments in the US (courtesy blackjacktournaments.com). Finally, if I asked you what is the chance that you would lose three consecutive hands (excluding ties) in blackjack, would you know the answer? If you are not sure, read my article on Numbers Don't Lie in this issue.

BJInsider.com Blackjack Tournament

We will be sponsoring an elimination format blackjack tournament on Friday, August 17 at the River Palms Casino in Laughlin, NV. This tournament is sanctioned by the Tournament Blackjack Players Association (TBJPA). The entry fee is $150 + $15 casino fee. Prize money will be given to all players who advance to the semi-final and final table. In addition, BJInsider.com will be giving away free BJI Memberships (click here for details). Rooms are free to all players. This player-friendly tournament guarantees that a minimum of two players will advance from each table. For details on the TBJPA, including the tournament playing rules, visit their web site www.TBJPA.com. In addition to the BJInsider.com Tournament, there are tournaments scheduled on Aug. 16, 18, and 19 as well as a bunch of Sit-And-Go tournaments. I plan to compete and look forward to meeting BJI Members/Subscribers. If you have questions about this event, contact Rick Jensen at 1-972-253-5848 or email Rick at Rick@TBJPA.com.

The Comps Club^TM

Southern Gaming and Destinations wants to let BJI subscribers know of their new membership program called The Comps Club. For $29, members will receive mailings six times per year loaded with casino coupons for buffets, rooms, match play, amenities, and entertainment. Most of the offers are for Southern Indiana, Tunica, Gulf Coast and Florida. To read more about the Club, click here.

Las Vegas Golden Touch Blackjack Course...
Featuring Speed Count

I'll be teaching the next GTB course in Las Vegas on October 20 & 21. Plan now to attend this two day hands-on course that will teach you how to become an advantage player at blackjack. For details on the course, visit www.goldentouchblackjack.com or call 1-800-944-0406. $100 discount for BJI members (mention this on the call).

If you come across an unfamiliar blackjack term in one of our articles or reports, see our Blackjack Glossary: www.bjinsider.com/questions_glossary.shtml

E-mail subscribers can also read each month's issue online at our web site: BJI Issue #91, August 2007.

Henry Tamburin

Editor

TEAM MONEY MANAGEMENT, Part 2 by The GameMaster

"A critical aspect of successful team play is the development of a proper betting schedule and the adjustment of that schedule as you win or lose; something I loosely call money management. I define it that way because in this article I'm not going to talk about cash management - the movement of $$$ within the team before, during and after playing sessions, although it's an important part of any team's strategy..."

Read The GameMaster's complete article.

NUMBERS DON'T LIE by Henry Tamburin

"Take this fun and informative quiz covering the math of blackjack..."

Read Tamburin's complete article.

INTERVIEW WITH BLAIR RODMAN by Joe Pane

Read Pane's complete article.

WORLD BLACKJACK CHAMPION CHASES WORLD POKER CHAMPIONSHIP by Kenny Einiger

"After we got done filming the UBT blackjack tournament in Aruba, Russ Hamilton put together a poker game in the evening and invited me. Now I know why. I was going to be the biggest fish at the table. We played for many hours and I ended up losing, are you ready for this, twenty thousand dollars..."

Read Einiger's complete article.

BLACKJACK OFF THE FLORIDA COAST by Ian Macalester

"I started playing blackjack a couple of years ago on South Florida's casino cruise ships - specifically, the Palm Beach Princess and Sea Escape's Island Adventure. I've also played on the SunCruz boat that started sailing last year from the Port of Palm Beach and on Sterling Cruise Line's ship at Port Canaveral. What follows is a summary of what to expect on these gambling ships..."

Read Macalester's complete article.

ATLANTIC CITY BLACKJACK REPORT by Alene Paone and Frank Scoblete

"We have more feedback from players about recent changes that occurred in blackjack playing conditions in some AC casinos and our selection of the casino that currently offers the best blackjack games in AC..."

Read Paone's and Scoblete's complete article.

PLAYING IN THE WORLD SERIES OF BLACKJACK by Norm Sheridan

"Here were 40 players playing blackjack for a million dollars (including me), with the player finishing in first place getting a whopping half a million bucks. Talk about the major leagues! This is the World Series of Blackjack Season #4..."

Read Sheridan's complete article.

THREE WAYS TO USE SURRENDER IN A TOURNAMENT by Kenneth R. Smith

"With so many tournaments offering surrendering, I figure it's time to take a closer look at some of the ways surrender can be used during a tournament round. While there are many, I'll focus on the main three ideas..."

Read Smith's complete article.

THERE IS ALWAYS A BETTER BET, SWINGS, SURRENDER, AND MIND MUDDLING-Part 3 by The Babe

"This article covers the dreaded win-loss scenario in Part 3 of this series on tournament blackjack playing strategy..."

Read The Babe's complete article.

ALL ABOUT POKER: DEAD MONEY by Bill Burton

"Dead Money is a term used in a derogatory way to describe an unskilled player who enters a poker tournament and has virtually no chance of winning. From the large percentage of players eliminated after the first day in the recent WSOP, there was a lot of dead money. There were also a lot of skilled poker pros who could not survive the minefield that was made up mostly by novice poker players. This article offers tips on how you can survive the early rounds of poker tournaments..."

Read Burton's complete article.

BLACKJACK TOURNAMENT SCHEDULE

Check out the schedule of major blackjack tournaments in August and September by region in our Blackjack Tournament Report.

Read our tournament schedule.