Tag Archives: total

Card Counting Team Play-Maximize Your Win

Team play in blackjack is a concept that should be explored by every advantage player. Although winning at card counting can be very lucrative team play done correctly can be even more lucrative.

Let’s look at team play and what it means. By definition, it means two or more card counters pooling their resources and talents for the common goal of making money counting cards.

There is one huge benefit to team play that we need to discuss. Bankroll…

This simple concept is what makes team play so appealing. Simply stated, If you have a $5000 bankroll your big bet would be $33.33, according to the Money Management chapter on our website.
But, let’s say you and two friends form a team and you all have $5000, you now have a $15,000 bankroll and each of you can use your individual $5,000 as if it was $15,000. This gives each of you the playing power of a $15,000 bankroll. Your big bet would now be $100.This alone is enough reason to form a team.

This concept involves each player going out on his own and playing his own sessions.

Because of the money involved the teammates must be friends and they must be honest otherwise this team will be doomed to failure. Trust is the key factor in team play. The other factor is ability. You must be able to determine your teammates card counting ability and help each other improve.

After all, you wouldn’t want someone on your team that plays badly and loses more than he wins.
Compensation also becomes an issue. Does each player keep his own winnings. I don’t think so. Whatever plan for payment the team decides on must be adhered to. Suggestions…

On payoff day…there must be an agreed upon payoff day. Pool the profits. Then turn in your expenses… you should have agreed on what expenses are to be repaid.

Pay each player for his expenses, then split the profits using a prearranged formula. The one I like is to divide the profit into two equal parts. Each player will receive an equal share of the first half. The second half will be paid by the hours each player has logged.

Let’s do a theoretical split. There are four players. They decide to split the profits on the 1st of each month. On Jan. 1st they pool $17,000 in profit, quite a tidy profit. All players turn in their expenses. There are $1000 in expenses leaving $16,000 to split four ways. Pile 1 has $8,000 to be split equally, so each player receives $2,000. Pile 2 also has $8,000 to split according to hours played.

• Player A played 40 hours
• Player B played 60 hours
• Player C played 45 hours
• Player D played 55 hours

Add all of the hours together and you get 200 total hours then divide 200 hours into $8,000 to determine the hourly rate. That’s $40 per hour. Now multiply each players hours played by 40 to determine their pay.

• Player A’s Pay is $1,600 for the hours played plus $2,000 for a total of $3,600
• Player B’s Pay is $2,400 for the hours played plus $2,000 for a total of $4,400
• Player C’s Pay is $1,800 for the hours played plus $2,000 for a total of $3,800
• Player D’s Pay is $2,200 for the hours played plus $2,000 for a total of $4,200

Again, I must stress that each player must be honest and trustworthy otherwise the team will not last long. Honesty and trust are, by far the biggest reasons for teams failing.

Sports Betting Lessons 101 (Page 1 of 2)

Sports betting is certainly a challenging type of betting-and gambling, and besides its seeming lack of strategy and absolute reliance on knowledge of the event, the truth is, good sports betting actually relies on a great deal of strategy which is required to win. (Sports betting systems). The most important tactics include a close analysis of the information upon which a sound judgment is to be based and after which the bet should be placed. A winning strategy takes a few salient factors into account which are:

1. The bid amount

2. The kind of bet

3. The odds on offer

Sportsbooks in the US and Bookmakers in UK are entities that accept and take sports bets. The bets can be placed by betting on the end result of several sporting events like Baseball, Snooker, Basketball, Hockey, Soccer, Football, Tennis and hundreds of athletics. Two of the most basic definitions in sports betting are: a sportsbook is the one who accepts the sports bet. An oddsmaker is the one who sets the odds of the bet.

Betting the Odds

Before placing a bet, first you must select the type of bet and the amount you will wager. This usually depends upon the odds that are being offered. Before you place the bet, you must carefully crutinize the range of available odds.

For the bet to be worthwile, the odds should be in a ratio of at least 2:1. Remember to take into account the factor of the total amount being given by way of commission to the sports-book. This should ideally be a small percentage of the total value of the odds.

Below is a list of the most commonly known kinds of bets:

1. Single or Straight Bet: This is the basic form of betting and allows you to the option of betting at given odds, upon a winner.

2. Point Spread: By betting this type of bet, you can bet on one of two selections that have been equated through the allocation of suitable points. In the Point Spread, the number of allocated points are shown with a + sign for the favorable side and a – sign for the underdog. In order that the better wins, when the favored team must win by more than the Point Spread. On the flip side, if a bet has been placed on the underdog, that team has to lose by less than the Point Spread for the better to win.

3. Buy Points: This involves moving the Point Spread positively, by paying a price.

4. The Moneyline: This type of bet is simply on who will win. It establishes the odds for each side but is the opposite of the Point Spread, with a – sign standing for the favorite and the + sign for the underdog.

5. Total Bet: This is similar to point spread bets, only in that the better bets on the total points scored.

6. Over/ Under: This bet takes into consideration the number of points scored by the teams in any game will be beyond/ over OR below/ under the total set by the oddsmaker.

7. Parlay of Accumulator: This type of bet is betting on multiple sporting events in the hope that a big payoff will be made if all win. The picks are made in relation to the point spread. If just one event does not win or draw, the better loses the entire bet. This type of bet can generate huge amounts of money, in the event of a win.