OPTIMAL BETTING STRATEGY FOR SHORT TOURNAMENTEvent
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.