Fantik24 LV.3 Lurker
Nov 21, 2022, 06:16 PM 45 read

OPTIMAL BETTING STRATEGY FOR SHORT TOURNAMENT

Event

A local casino runs a tournament. 8 deck shoe, 10 hands, you start with $5K in chips, must bet $100 at least, no maximum. Must get to $10K in chips to move on. Is there a best betting strategy for this? It seems that the value of card counting is somewhat minimized, given how short the tournament is, and the fact that it's 8 decks, so I would like to see if there's a best way to optimize your chances of amassing $10K in chips. Thank you.    

Comment 6

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  • KaydenGalvan LV.1 Mootie Nov 21, 2022, 11:49 PM

    "If you are sure --- really sure -- that 10k will be enough to advance, then the optimal strategy is to bet 5k at some point. If you do it early and are successful, others will copy you but if you wait to the last hand, then you may no longer have 5k to bet or you may get unlucky and push.

    I usually wait until there are 3 hands remaining. Fewer players will see you make the move because some may have busted out and the onlookers may have moved on, and you have some wiggle room in case you push or need to make additional bets to reach the $10k.

    Good luck!"

  • ChasityPineda LV.1 Mootie Nov 22, 2022, 06:57 AM

    Thanks a lot, folks, for sharing the strategy. Actually, it’s gonna be my first tournament. Though I’m really nervous, I hope I’ll manage to win. Btw, guys, do you think luck matters when playing at a casino? I mean, I can’t say I’m a very lucky person. Mostly I try to rely on my skills only. I think it’s the best strategy I can pick, actually. I developed it when I was using these Free Sports Picks to take my first steps in betting. Analytical thinking is probably the best skill I’ve ever developed. Btw, guys, what are the most essential skills for every casino player in your opinion? https://www.pickatm.co

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