Blackjack is often called the King of the Casino. Why is that, you may wonder? Because, blackjack is easily the most popular game in the western gambling world. There are several reasons for the success of this game.
Why Blackjack is Popular
For one, it has incredibly good player odds, and a low house edge to accompany them. If you are gambling on blackjack, the house edge is 0.5% or less. Compare that to the house edge of slots which can go up to 15%, and blackjack is obviously better.
The other reason is that blackjack is great fun. People all over the world have embraced the game, precisely because of its mass appeal. You can play some blackjack online at Novibet in New Zealand, as well as enjoy the game in land-based Las Vegas casinos.
Part of the reason why blackjack is so fun is because it combines strategy and luck. Knowing when to hit and when to hold is strategic thinking in-and-of itself. However, the real hardcore strategists, plan before they’ve even started playing.
What are Betting Strategies?
Betting strategies are exactly what you think. Strategies that help players make a bet. In other words, the planning has already begun, even before you’ve entered the casino. The idea with most betting strategies is to minimize any losses, as you can never be sure that you will eventually win. That is why, the most popular betting strategies are progressive betting systems.
There are two incredibly famous betting systems, which we will take a look at in this article. The Martingale sequence and the Fibonacci. Both of these are used by professional blackjack players and seasoned amateurs alike. So, if you are interested in strengthening your blackjack game, check out how these systems work, and see if they are for you.
Martingale
The Martingale is, without a doubt, the more popular of the two. The idea is simple, you start out with a small bet, then you double it when you lose the game. This continues until you win, at which point you go back to the initial small bet.
What is the goal? The point of the system is to minimize any loss, and maximize any potential win. How? By doubling your bet every time you lose, a gambler is ensuring that, in the case of an eventual win, they will have earned back the cash they lost, as well as something extra.
Fibonacci
Math nerds may know about the popular Fibonacci sequence. The name for this system comes from the mathematical sequence, and those who are aware of it, may already know where this is going. In case you are not, the Fibonacci sequence entails that every following number is a sum total of the previous two. Like so:
1 – 1 – 2 – 3 – 5 – 8
If that is the Fibonacci sequence, then the system is obvious. You start with a small bet, and then, every subsequent bet is the sum total of the previous two, until you win, and go back to the initial bet. The idea is the same as the Martingale, and quite a few gamblers have stated they prefer the Fibonacci themselves.