Blackjack Tips Information & Video Source:
JV has lost his mind! He tries the Blackjack Martingale session for one shoe while gambling on double deck Blackjack. This is an extremely risky method of betting and we do not advise this unless you are prepared to lose (and win) big. Remember the casino house edge when doing this! You will on the edge of your seat seeing these high limit Blackjack bets!
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Source: YouTube
Crazy session today! JV tries the Martingale betting system for an entire shoe! We DO NOT advise this as a betting style as you need a huge bank roll and it is very risky. We thought you all would get a kick out of it though!
What is the Martingale betting system? According to Wikipedia:
"A martingale is a class of betting strategies that originated from and were popular in 18th-century France. The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails. The strategy had the gambler double the bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. Thus the strategy is an instantiation of the St. Petersburg paradox.
Since a gambler will almost surely eventually flip heads, the martingale betting strategy is certain to make money for the gambler provided they have infinite wealth and there is no limit on money earned in a single bet. However, no gambler has infinite wealth, and the exponential growth of the bets can bankrupt unlucky gamblers who choose to use the martingale, causing a catastrophic loss. Despite the fact that the gambler usually wins a small net reward, thus appearing to have a sound strategy, the gambler's expected value remains zero because the small probability that the gambler will suffer a catastrophic loss exactly balances with the expected gain. In a casino, the expected value is negative, due to the house's edge. Additionally, as the likelihood of a string of consecutive losses is higher than common intuition suggests, martingale strategies can bankrupt a gambler quickly."
that was fun. thanks for real gambling.
I didn't see the Martingale strategy…
but I enjoyed the video…
That was some good wins on the doubling up on the bets
🎉
Awesome win! The betting strategy can cause some anxiety but it worked out so congratulations!!
Not sure why you were contemplating hitting 12 vs dealer 6 (?)
Your basic strategy is far from perfect
Nice fun and fresh content, keep it up JV!
GREAT JOB! Newer Subscriber here would appreciate your support. Keep up the Great Work! 👍
I’m so sick of Blackjack and it false promises.