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Contents
*Cheap Blackjack Table
If you’re still with me and are really asking “What kind of money can I make with my blackjack bankroll size”, then keep reading. Again, all of these are based off of 100% PERFECT BLACKJACK and standard rules with a 1-12 unit bet spread. Worse rules, more decks, poorer penetration will hurt EV and increase Risk. Being a professional blackjack player requires self-discipline and self-control. Some people have a hard time managing themselves effectively. You must learn how to do this if you want to make money at blackjack. Don’t drink alcohol while you play: There is a time and a place for everything. Drinking alcohol at the blackjack table is a bad idea.
*Yearly salary of a professional blackjack player
What is the salary of a professional blackjack player? It’s a common question I hear, but what would seem like a simple enough question actually has a fairly complex answer. First of all, the term “blackjack player salary” isn’t quite appropriate. Professional blackjack players don’t make a set amount of money every month like a salaried employee does. Playing blackjack for a living is more like owning your own business or working for 100% commission. Therefore different professional players make different amounts of money based on many varying factors. Some of the more obvious factors being the stakes the played at, the amount of time spent playing and the skill level of the player. There are also many less obvious factors involved in determining how much money a professional player will make. I’m not going to cover all of them here, but just a few of these additional variables include the quality of the blackjack games played, the card counting system used and the size of the player’s betting spread.
It is just as important to manage your money properly at the blackjack table as it is to make the correct play on every hand. In fact, all of the strategic skill and understanding of the game you can muster won’t matter very much if you manage your wagering money poorly. Apr 13, 2018 If you play 100 hands per hour and vary your bet from $5 to $50, your average bet will be what you earn: about $20 per hour. To make $100,000 you’ll need an average bet of $50, and to vary your bets from around $10 to $125. May 06, 2008 To the professionals here who play blackjack. How much money do you make on average in Casinos over a few days? Say what your minimum bet is also, because it varies on how much you bet in the beginning.The “Salary” (Income) of a Pro Blackjack Player
Blackjack Player EarningsEvery blackjack player has a theoretical “expected value” of their play. When you bet $100 on a hand, you’re going to win or lose $100 (assuming you don’t push, double, split, surrender or get a blackjack). However, over time there’s an average value of that hand. In card counting, high positive counts create a positive expected value for a card counter and negative counts create a negative expected value. Knowing this, and knowing how to take advantage of this, is the foundation of how professional blackjack players are able to make money.
So exactly what is the total overall expected value for a professional blackjack player? Check out the examples below to get an idea. For simplicity I’m going to do some rounding off and I’ll assume only one hand is being played with all counts being played through (no backing out on negative counts).Bellagio (Las Vegas)# of decks: 2Rules: S17, DA2, DAS, no RSAStakes: $100 unitsBetting Spread: 1-5 ($100-$500)Penetration: 68%Counting System: Hi-Opt II with Full IndicesHands/Hour: 180Expected Value = $390 per hourJA Nugget (Reno)# of decks: 1Rules: H17, DA2, no DAS, no RSAStakes: $50 unitsBetting Spread: 1-4 ($50-$200)Penetration: 7 Rounds (heads up)Counting System: Wong Halves with Illustrious 18 IndicesHands/Hour: 200Expected Value = $285 per hourFoxwoods (Norwich, CT)# of decks: 6Rules: S17, DA2, DAS, LS, no RSAStakes: $50 unitsBetting Spread: 1-10 ($50-$500)Penetration: 80%Counting System: Hi-Lo with Sweet 16 & Fab 4 IndicesHands/Hour: 220 (heads up)Expected Value = $275 per hour
Needless to say, changing any of the variables listed would alter the expected value of an hour played. Now let’s assume for simplicity that a professional blackjack player played each of these scenarios for 5 hours per week. That’s a respectable 15-hour work week (nice, right?). Here’s what the 15 hours per week would yield in theoretical expected value…
(5 hours X $390) + (5 hours X $285) + (5 hours X $275) = $4,750 per week
$4,750 X 4 weeks = $19,000 per monthYearly Theoretical Earnings from Playing Blackjack
Okay, so in this example you’re looking at $19,000 per month, which would then be $228,000 per year if you played for 12 months. These numbers are theoretical, meaning that your reality will not be exactly there. You might overshoot your theoretical (gotta love that) or you might fall short (not as fun). However, if you play enough hours it all pans out over time, or at least your results will be in the ball park of your theoretical earnings. Getting it all in cash is nice too.Cheap Blackjack Table
If you’re contemplating a career as a professional blackjack player, you have to understand your own personal circumstances. You might play more or less hours than this. You might play higher quality or lower quality games. You might not have a very high skill level or you might play at higher or lower stakes. You also need to know what kind of bankroll can handle these levels of action, but that’s not something I’m going to get into here. This is just a teaser to show you the potential of a skilled blackjack player rather than a guide on how to actually reach these numbers. If you want to know everything that goes into being highly successful, you’re going to need to do more than just read a few pages off a website. You might want to consider my next blackjack class. I apologize for the shameless plug, but whether you want to become a professional player or just make some extra cash on the weekends, my class is definitely a smart investment.
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