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Showing results for tags 'Online Black Jack'.
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Online Blackjack is generally run by gaming commissions, and require that the payout percentages usually fall under the 97% or higher percentile rate. After running 1000+ hands through an excel sheet, I found some staggering information which I am going to spread on here to hopefully help players like myself understand when and when not to play. First off, I want to say that I am a very good blackjack player. I understand mathematics, betting trends, and often most importantly, when and when not to stay at a table. Even with knowledge, online seems to always be a completely different animal to tackle when it comes to blackjack. After running 1000 hands of history, my number one suggestion to you is, know your payout percentage rate. This number is absolutely key when determining how successful you can be online. Generally, online casinos want a player to be 97% or higher. If you are a person maintaining 97%, you are most likely actually losing money online. The most common trend I noticed after depositing on 3 different sites, is that each time I sat down at a blackjack table, my payout percentage rate would be an incredible 140%+ from the first 50+ hands. Even if you only doubled your money, I would honestly recommend cashing out as soon as possible, and I will explain why. Online Blackjack more specifically targets these payout percentages, this does not mean the hands are rigged because they are not, but it does mean that depending on that % you have, can have a huge impact on the amount of hands you will win, or the amount of money you will lose to even out the percentile. After hitting my high of 152%, I continued to play mainly for research purposes. I then went on the worst run online I probably ever had. I lost 79 hands out of 100, which is terrible. I went from a nice hefty profit, to about even money. In the next 100 hands, I didn't even get past 56 hands. My 21's would push, my 20's would lose. My double downs would always miss. Everything was literally falling apart. Mathematically winning hands were getting crushed against the dealer. By the time I spent my last dollar, I realized that my payout % ended up being 97.56%. Which falls very well in line the gaming commissions rules. Even with statistics showing that a player lost 128 hands to 156, it doesn't matter. The system only cares about a players payout percentage. It does not matter how they monitor it, or how the system controls it, but they will make sure that if you don't walk away from being an above average player, you will ultimately control your own demise. You can make some good money with online blackjack, but if you are a player that likes to play for hours, and manage your bankroll, please be wary of payout percentage rates. It literally will control the rise and fall of your deposit. If you don't believe me, try it out for yourself with a 500-1000 hand excel sheet. Try and monitor your winning percentages, and see where you end up. Thanks for reading guys!