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Friday, October 12, 2007
Playing Blackjack As A Part Time Profession
What is your day to day "job". Perhaps you are living out those golden years, have been retrenched or let go or are lucky enough to be a trust fund baby, or are otherwise working for a BOSS on the day or night slog. Ever thought of playing Blackjack as a profession- fulltime for a living, to earn a living? There is no reason to stop you, taken you know and can play Basic Strategy backwards flawlessly, have the ability to count a deck down in roughly 25 seconds using a counting method, and know 12 or more Advanced Strategies to increase your odds against the online casinos.
Confident about your playing ability and have no problem with the requirement listed above - you are on your way - YOU ARE A PROFESSIONAL BLACKJACK PLAYER already. People require 3 very important things before they will be convinced to becoming a full time professional player - family, security, and finance. In fact these 3 factors will influence any person in any major job decision they take throughout their life, oh....and....where they live! Living in Las Vegas or Nevada is not quite your family neighbourhood! The lifestyle of a professional gambler could also not be to the players' liking - nor to his family's and he may lose more than just his money in the end. They must also remember that Blackjack does not come with full medical or unemployment insurance, and that his finance might not be large enough to cover a long run of losses, or to make the big bets needed to get the big one! It is a big decision, as changing any job should be, perhaps it can be taken slowly?
What if the player could make some sort of achievable goal during the time he still ahs that stable job, family, security, and extra cash to play with? If a player has "professional Blackjack" skills, why not let it work for him?
For example: A part time player has a day job making just under $ 100 / day . He keeps records his play at the tables and has a win : loss ratio of about 5 : 1, (5 wins out of 6 times). He wins on average 6 units of his smallest wager / hour. So...., if the table minimum is $5 and he places bets of between $5 - $25, he normally takes in roughly $30 / hour. Sometimes he wins more and sometimes has also lost $300, but consistency will ultimately pay off.
If a player wants to average wins of $100 / playing session, the same amount equal to his daily earned after tax income. Taking the win : loss ratio of 5 : 1, and a implementing a stop-loss set at $100, this means he had to win $120 5 x to cover for a loss of $100 on the 6th session. The players' stop-loss is set at $100 (daily work rate and maximum amount he can afford to lose). Each playing session would be treated as if it was a day at work, so...off days would simply be breaking even. Though the game of Blackjack is win some, lose some, a player can effectively double his income per day.
Any good player keeping records can come up with a similar plan or system - if he earns $50 a day and wins 2 out of 3 times, he can set a stop loss of $50 and aim to win $75 each time he plays.
The system can help players contemplating the move to professional, see that the income can remain the same or even be better than their current income at their present "jobs". They can prove it to themselves and ...become profit from playing blackjack. This system will show players what they are capable of, over a period as long as they want, until they feel comfortable to make the move.
Players who make the move to Professional must also realise that this play is a long term game, and not short term as played before. Basic playing principles much the same : small wager with a Count of +1 and larger wagers above it. This strategy is a "slowly slowly" strategy that makes most Counters their money (% advantage x size of bankroll). There are players who no bankroll, and only their table betting to play with. Here a conservative approach must be used to remove volatility from the game.
Some players (Counters) use Jerry Patterson's "Takedown" strategy. Jerry is the Father of "Alternative Blackjack" with his mentions of biases and strings of small and large cards due to shuffling and card pick-up routines. He explains why and how counters can avoid being 'caught' by betting large amounts as the count rises. "Takedown" is a method of betting for non-counters and Jerry explains that players should bet as the count drops, not as it rises, as it is now that the 10s are coming out.
Most successful Counters use a bankroll and increase their advantage when placing each wager based on the count, and end up earning more money long term, riding out the swings of the game. One such swing can result in a player quitting Blackjack play all together, usually having lost all his money. 6 and 8 deck games are the hardest to beat due to shuffling biases, which is hard to prove mathematically. Traditional Patterson betting strategies are more effective against one and two deck games, which are still common in Las Vegas.
Jerry in "Takedown" also recommends that players lock up their winnings and play on to other limits. i.e. a player must set a goal of say $150 for the day, but if he needs to bet out of his $120 win, he must not. If he got to $150, same deal. Jerry calls this a "winlock" and explains that players must divide their winnings into 3 piles. Using the above example, the player pockets his $120 and place his $30 win in 3 piles, two $5 chips each. He will place bets from 1 pile only. For the next hand he places a 1 chip bet from pile #3. If he loses, he bets the last chip from pile #3. If he loses, he is done for the day. If the player however gets on a winning streak he replenishes pile #3 back to 2 units. He then places the next win on pile #1, then pile #2, and finally to pile #3, the betting pile. He might get these 3 piles up to 8 units each, then hit a losing streak and lose pile #3, then it is time to QUIT. This is an excellent way to maximize your winnings and minimize your loses.
Can you still make money with Adsense?
Google Adsense is an advertising program created by Google, and which is beginning to be explored by other search engines, such as Yahoo and MSN – that allows you to put targeted ads on your website. If you run AdSense on your site you know that some words pay more than others, much more in fact.
5 Genuine Adsense Opportunities
Over the last few days. we’ve categorized over 20 great opportunities that represent a genuinely potential good return on investment. Most sources online today only show the highest bid estimate for a particular keyword or keyword phrase. This is a completely ill-informed methodology in evaluating adsense keywords and their potential value.
9 Adsense Case Studies
Here are 9 more Adsense Case Studies worth further consideration. They include keywords from the categories; Legal, Medical, Publishing, Real Estate, Rentals, Telephony, Travel, Vehicles and Web.Some are ok. Some are really good. Create quality content in areas that interest you and that is a great 1st step to developing a site that is successfully monetized with Google Adsense. I don’t focus on the the highest bid keywords, just the best in my opinion based on the various other attributes of the keyword.
Adsense Keywords - Can you trust only the highest bid estimate?
The short answer is no. There are tons of sites online displaying lists of hundreds or even thousands of keywords and there highest bid. Well guess what? There almost totally useless. The reason lies in the fact that (a) you have no idea of what the advertiser is bidding and it is the 2nd advertiser that dictates the 1st bidders cost per click. But even worse, you have absolutely no clue of what the Top 10 advertisers are paying. Bids may dramatically drop so by advertiser 7 or 8, it’s down to a few cents.
Adsense Traffic and Project Black Mask
After the hype over Project Black Mask recently, created by the same team that brought us Affiliate Project X and Day Job Killer, I decided to buy it and see whether it really was worthy of all the buzz it created. What I found surprised me.
Allows you to dramatically improve earnings from Google's Adsence Program
The TopPayingKeywords database presents the keyword prices of the 360,000+ keywords that have search engine bid prices of $1 or more. By identifying the highest paying keywords on the Internet, the database allows website owners to dramatically improve earnings in Google’s AdSense™ program.
Maximizing AdSense Revenues via Up-Selling
If you go into any Blockbuster Video store, you quickly notice the company’s use of a classic marketing technique – up-selling correlated products. This technique is highly effective at maximizing Blockbuster’s revenue and profit per customer. Moreover, this same technique can be applied to websites using Google’s AdSense program.
How to Profit from Knowing the Most Expensive Keywords
By knowing the most expensive keywords on the internet, you can create websites and web pages based on these keywords. On these sites and pages, you can serve expensive ads and/or promote affiliate offers that reap high bounties when clicked or completed.
Google's AdSense a bonanza for some Web sites
LOS ANGELES — Canadian software developer and part-time humorist Eric Giguère made fun of the avalanche of Internet arthritis drug offers on his Web site last year. For his efforts, he received a $350 check from Internet search giant Google.
1 comment:
Its really awesome process to earn money via online.My so many friends are earn money form Blackjack games.I just planning for that so thanks for sharing that nice information.
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