Earning $100,000 Playing Blackjack. If earning a six-figure income from blackjack sounds like fun, it is. It's also hard work. As with any other endeavor, practice makes perfect, and professional players have to make quick, accurate decisions at all times. If you live in Las Vegas or Atlantic City there are plenty of casinos to choose from. For me the most important question before getting into blackjack seriously was 'How much money can I make?' The first book I read said that the average card-counting Advantage Player is between one, to one-and-a-half times your minimum bet, per hour. So if you are a $10 player, you should expect $10 - $15 per hour.

Most people have a general idea of what a bankroll is, but for a post like this, we need to get a lot more specific.

Your bankroll is the amount of money you’ve set aside to gamble with.

• Players may want to play, but the rules of the casino may indicate that the minimum of the game is $25. It is simple math; the casino expects to make a certain amount of money for each round of blackjack. The dealer is able to get up to 375 hands to the player. If all the six players bet at $2, the total wagers will be about $750.
• It could but the odds against it are astronomical. You’ve got 100X the table minimum to begin and that is more than enough ammunition to stay in the game. Claim Your Online Blackjack Bonus Money. Another way to make your $100 blackjack bankroll last is to claim a big deposit bonus when you join an online casino recommended by Counting Edge.

You might have specific bankrolls for various games based on various goals. If you play games where you’re satisfied with a negative expectation, the size of your bankroll compared to the averagesize of your bets is what determines how long you’re able to play a specific game.

If you’re a professional gambler, though, you’re probably more interested in avoiding going broke in the short run. Gambling is based on random chance, and even if you have a long-term advantage,you can still go broke in the short run because of variance.

Here’s a simple example of how that might work.

Suppose you’re playing a simple gambling game with a buddy where you have a 52% probability of winning, and she has a 48% probability of winning. She’s willing to bet you straight-up, too — ifyou win, you get $100 from her, and if she wins, she gets $100 from you.

Suppose you only have a bankroll for this game of $100.

Can you see how you’d have a good probability of going broke even though you have a distinct mathematical edge?

In the long run, your results should resemble the mathematical, theoretical prediction, but in the short term, anything can happen.

The goal of having a large bankroll relative to your bet size is to avoid going broke while you’re waiting for your long-term edge to kick in.

But that only applies to gamblers who have an edge.

If you’re playing a negative expectation game, you’ll eventually lose all your money. The trick is getting the most entertainment for your money while you’re doing so.

These days you can barely find a blackjack game that doesn't have some type of a side-wager, bonus or progressive bet available. That's because players have become very proficient at the standard game of blackjack and the house edge is very small. That's not always the story with side bets!

Blackjack bonus bets are designed to be easy to understand and easy to play. They accompany the standard blackjack bet and must be made before you receive your first two cards. After you find a nice comfortable chair and a friendly dealer, look for the table minimum and maximum sign and then take a seat if the bet levels match your bankroll.

You want to be able to sit back, relax and have fun, so it is always advisable to start at a table that offers a comfortable limit with regard to your gambling bankroll. If you want to start with a one-hundred-dollar buy-in, a $5 minimum bet table might be just right for you. A $25 table limit would probably be too high to start at.

Types of Blackjack Bonus Bets

The dealer will make a change in chips for your cash buy-in and will help you with minimums and maximums on the bonus bets, but most can be made for $1. Bonus bets stand alone from the regular blackjack bet and are sometimes called side-bets; they are optional wagers with brand names like Royal Match, Progressive Blackjack, and Lucky Ladies. To play the bonus bet, place a minimum wage of $1 in the circle for the side-bet next to your regular blackjack bet. The bonus bet is paid independently of whether you win your regular bet or not.

Each bonus bet offered has a payoff table located on the blackjack table. If you don't see one, ask the dealer what the payoffs are for their bonus bets and they will point them out or get you a brochure with all the rules and payoffs.

Bonus bets are a fun diversion and offer added excitement to the game of blackjack. However, because bonus bets usually offer the casino a much higher advantage per dollar bet than the standard blackjack bet, players are advised to play bonuses sparingly.

Most casino bonus bets are available in different variations and the casino advantage is also dependent on the number of decks used. Some bets are available at only one casino and some are available at many because they are sponsored by companies like Shuffle Master and Mikohn Gaming.

The Cost of Playing Bonus Bets

To understand how the casino edge works, remember that the average blackjack player is playing at about a 2.5 percent disadvantage to the house. Over the long run, the player will lose about 2.5 cents for each dollar wagered.

How Much Money Does A Blackjack Table Make A Day

Player-friendly bonus bets like Straight 8's and Sweet Sixteen are on the low end of the casino edge at just 2.7 percent. Higher percentage bets like Royal Match, Match The Dealer, Hi/Low, and Bonus Spin, have a casino edge of 3.5 percent to 8.6 percent. Lucky Ladies, Magic Jack and Wheel of Madness have a casino edge of 17 percent to 24 percent. On the outer edge are games like Perfect Charlie, with a house edge of 38.9 percent.