How can I calculate my bankroll?
Lesson description
Mr Blackjack shares his tips and experiences on building sizeable and sustainable bankrolls so you can play responsibly at the casino.
What this lesson covers
- How to calculate a bankroll that suits your budget
- How to build your bankroll
- Best practices to avoid draining your bankroll
Episodes
FAQs
How much bankroll do I need?
Blackjack players generally get through 30-40 hands per hour. Decide how long you want to play for, then calculate how much you can afford to wager per hand, per hour, and assess whether the amount is realistic. Say you want to play blackjack for two hours; that’s 80 hands. If you get $5 per hand that’s $400 minimum.
Should I manage my bankroll differently for online blackjack games?
Online casinos operate bankrolls and winnings differently from brick-and-mortar venues. Check whether the online casino you choose has any minimum withdrawal requirements or additional withdrawal fees that might affect your winnings. Be strict about setting time limits for your gameplay, and withdraw your winnings when you have hit your target.
How much bankroll do I need to be considered a high roller?
High roller tables usually have a minimum bet limit of $100 and reach $1,000 or more on upper limits. You need a bankroll that can sustain these bet sizes in real money blackjack for several hours to consider yourself a high roller.
How often should I review my bankroll?
This depends on your reason for playing. If you’re playing to make money, review your bankroll after each session and every month to see whether you’ve reached your goals. This will also help you see whether your skills in basic strategy and card counting are improving too.
What if I don’t achieve my 5X bankroll growth goal?
If you don’t meet your goal in the time you anticipated, revisit your sessions. Determine what hands caused you the biggest losses, and focus on improving your blackjack skills. Set more realistic expectations for your goals to avoid putting unnecessary stress on yourself, which could cause you to make poor choices.
Can I realistically build a big bankroll on small cash amounts?
It is possible if you look at growing your bankroll over six months or a year. If you’re hoping to bet small amounts and win big in blackjack in one session, you will likely be disappointed.
Will my bankroll last longer at a full blackjack table?
Having more players at the table will slow the game speed down, meaning you will play fewer hands per hour. While this means your bankroll might stretch for longer, it also means you’re playing fewer hands that you can win payouts on too.
