Blackjack Average Win Rate
Blackjack is calculated at a rate of 60 hands per hour. On average blackjack has a 2% or less house edge but for this example we’ll use 2% 4 hours of Game play 60 hands Per hour. Do you want to learn the fundamentals of blackjack strategy from an expert? Learn Blackjack and Counting Cards to learn how to play blackjack in any casino and maximize your average win rate. Blackjack basics for players and dealers. The basic rules of blackjack are simple. Players try to score as close to 21 as possible without exceeding 21.
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.
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.
- Germans win, on average, $115 each and every year; a figure that makes it the 9th ranked country in terms of per capita wins. Russia's annual gambling losses in 2013 totaled $2.7 billion.
- For the gambler who ignores basic strategy, blackjack is one of the best games in the casino. Expected Hourly Loss and/or Win. You can use this information to estimate how much money you’re liable to lose or win per hour in the casino. Of course, this expected hourly win or loss rate is an average over a long period of time.
- After his blackjack win, Smith was able to raise another $11 million, the magazine reported. And by 1976, FedEx's revenue had reached $75 million, according to Forbes.
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?
Blackjack Average Win Rate Calculator
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.
Blackjack Average Win Rates
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.