Two Person Blackjack Team
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*Two Person Blackjack Team Movie
*Two Person Blackjack Team Win
*Two Person Blackjack Team Members
*Two Person Blackjack Teamson
Card counting is the most talked-about blackjack advantage play method, but it’s usually thought of as being done by a single person. A single card counter can do fairly well in blackjack, but a well-run blackjack team can be much more profitable.
Two Person Blackjack Team register with Two Person Blackjack Team your new casino. There can Two Person Blackjack Team sometimes be a time limit associated with any no deposit casino bonus received. For example, you may only receive a day or just a few hours to play your bonus funds. The film was based on the book “Bringing Down the House,” which chronicled the true story of the MIT Blackjack Team — of which Chang was a player and manager in the 1980s and 1990s. Multiplayer blackjack can be found at table games as well as in blackjack tournaments. Generally, players start out with the same amount of money in their available bankroll and at the end of a predetermined number of rounds the player that has the most money is declared the winner. On the Web you will find a variety of multiplayer blackjack games.
Two Person Blackjack Teams Another very popular approach to team play is the two-person team. This type of team often consists of players who play together at a table, without any attempt to disguise the fact that they are together. Blackjack, formerly also Black Jack and Vingt-Un, is the American member of a global family of banking games known as Twenty-One, whose relatives include the British game of Pontoon and the European game, Vingt-et-Un. It is a comparing card game between one or more players and a dealer, where each player in turn competes against the dealer. Players do not compete against each other.
Books and movies have been released about famous blackjack teams, like the MIT blackjack team. If you’re interested in putting together a blackjack team to battle the casinos, I’ve covered some pointers below.Types of Blackjack Teams
A blackjack team consists of two or more people, and a team can be run different ways. The simplest type of blackjack team has two players who both count cards and work from the same bankroll.Two Person Blackjack Team Movie
The same concept can work with three or more team members.
Another type of blackjack team has a number of counters who sit in games and count cards but don’t vary the size of their bets. When the count is favorable, they signal another team member, who enters the game and makes big bets while the count remains in their favor.
This type of team can have as few as two counters and one big player or a large number of counters and one or two big players. Depending on the talents of the players on the team, the same member can work as a counter on one trip and as a big player on a different trip to a different location. This isn’t normal, but it’s possible.
Both types of teams can win money in the long run, but if a team is run correctly, a larger team using a big player can be more profitable, and it’s more difficult for the casino to identify the team.Team Management
A blackjack team that’s bigger than two people needs a clear leader or manager. The manager doesn’t have to play, but he or she can play as part of the team. The manager needs to be smart, and it needs to be clear that he or she is in control at all times.
This page is designed with the team manager in mind, but the information can be useful to anyone involved with a blackjack team.
The team manager controls the bankroll, plans how the team runs, organizes trips, and makes sure the team members don’t make mistakes that lead to the downfall of the team. The manager also has to have a firm understanding of variance because even the best blackjack teams lose sometimes. A string of losses can destroy a team if it doesn’t have a strong manager.Bankroll
For a blackjack team to make enough money to pay everyone enough to make it worth their while, you need to have a large bankroll. You also need a large bankroll so that the team can ride out short-term negative variance and survive until they start making a profit.
You can set up the way team members are paid in different ways.
The simplest way is for each team member to receive an equal share, but many times, the counters are paid a straight hourly wage.
Things can get complicated when the bankroll comes from an outside source that must be repaid and gets a percentage on their investment.
In a perfect world, you provide the entire bankroll and build and run the team. But this is challenging or impossible for most players. They simply don’t have enough money.
This page isn’t about how to fund the team bankroll, but understand that you’re going to have to get the money somewhere.
This means that you’re probably going to have to convince someone that you can safely offer a good return on investment.Trust
The two most important things you need for a blackjack team to be successful are talent and trust. All of the team members need to be talented enough to make money for the team, but trust is just as important.A blackjack team deals with a great deal of cash, and a single team member can destroy everything.
This is why building and running blackjack teams is so difficult. Beyond the fact that team members have to be trusted with cash, a team can start coming apart during a downswing.
Beating the casinos using card counting isn’t something that happens in a straight line. Some sessions are losses or break even, and some sessions are profitable. If the team has more than one big player, one of them can have a great session while the other doesn’t.
While you hope to recruit talented counters, sometimes they make mistakes. Any time the team faces a downswing, it can build resentment and distrust. Accusations can be made, and feelings can get hurt.
This might not seem like a big deal, but anything that can cause discord inside the team must be eliminated as quickly as possible.The Basics
You have to have one or more people who can count cards well. It helps if the person you use for the big bets can also count, but it’s not a 100% requirement. I don’t believe there’s a perfect team size, but a team with three counters and one big player is a good way to start.
It’s not overly difficult to learn how to count cards. With enough practice, almost anyone can learn how to do it. Because counters on a team always make the minimum table bet and just use basic blackjack strategy, they usually are safe from heat from the casino. This reduces the pressure on them.
Of course, you want to make sure your counters are good enough that they rarely make a mistake, but you can teach most people how to be good enough. For this reason, I recommend finding a few people you can trust and training them as counters for your first team.
You can use friends or family members, but you want to make sure that family members don’t look alike. It’s important that the casino never sees the team together and that it’s as hard as possible to identify team members.
Find two or three friends or family members and start working on your skills. You can act as the big player to start. Once you learn the ins and outs of making your team a success, you can start expanding or building another team.
While it’s good to be close to the team, you can run more than one team in different areas if you have good management skills and have people you can trust.
At times, some of the MIT blackjack teams had dozens of members working all over the United States and elsewhere. You can do the same thing if you’re smart and can put together a large enough bankroll.Challenges of Running a Blackjack Team
Blackjack teams face a number of challenges in addition to the ones I’ve already covered. You have to be able to move large amounts of cash around, including on airplanes.
What are you going to do if you get caught with tens of thousands in cash and are questioned by the authorities?
Carrying around a large amount of cash isn’t illegal, but law enforcement often thinks you must be into something illegal if they catch you. The simplest way to explain all of the cash is to file taxes as a professional gambler and keep the records with you. This doesn’t guarantee that you won’t have trouble, but it can help.
You might be thinking that you can avoid all of this by simply wiring the money to the casino, but this is a big mistake. You don’t want the casinos to know who you are, and you don’t want them to be able to track you more than they already can.
Members of your team need to stay in different places and never spend any time together away from the blackjack pit. They can’t act like they know each other even in the pit. They need to start playing at different times also.
If you do things well, the big player can earn comps, including free hotel rooms, but even this can be dangerous. Eventually, the casinos figure out that they’re being attacked and start looking closely at everything.
The good news is that there are more casinos available than in the past, so you can move around a great deal. You can also rotate players as your team grows to make it more difficult to identify possible team members.
If you run successful teams for a long period of time, you’re going to get burnt by the casinos eventually. Most of the successful people behind the best teams are forced to work behind the scenes. This stresses your management ability, but you can make it work.Conclusion
A blackjack team can be profitable, and it’s not as hard to put one together as many people believe. The truth is that a proper bankroll is about the only thing needed that you can’t learn. Goldfish slots free chips.
Start small by creating a blackjack team with people you trust, and you have a good chance to succeed.Please enable JavaScript to view the comments powered by Disqus.Posted by
Author: Bluesman from BJ21.com
I frequently read about blackjack teams and the difficulties they get into. As someone who has been a player, an investor, and a manager for a blackjack team, I thought I would write some general notes and, I hope, help others avoid some of the pitfalls we had to negotiate.I. There are several important questions that should be resolved unambiguously before the team ever plays a hand.
1. How are the winnings to be divided?
a. Each team has players and investors, and they all want to get paid. Are you going to split the profits down the middle between the two groups? This is the convention.
b. That’s easy enough to do for investors; an investor who buys in for 10% of the bank obviously gets 10% of the investor share.
c. But how are you going to compensate players? If you do not get this question resolved before the team gets going, you will see a remarkable phenomenon. Inevitably, each player will put in 20 or so hours. Some will have a net win, some will have a net loss. The winning players will argue that only winners should be rewarded at this point. Those players will demonstrate a remarkable facility with Reaganite entrepreneurial arguments, the importance of rewarding strong performance, the inherent fragility of a corporate structure without proper incentives, the fundamental fairness of rewarding especially (and, by the evidence, obviously) skilled players such as themselves, etc. etc. etc. The losing players, however, will demonstrate heretofore untapped abilities to analyze and explain why their losing results are to be expected. Expect BJRM figures to be flourished that illustrate the startlingly high yet previously unanticipated likelihood of bad results. Expect people who lose to reiterate that individual losses are the reason that people join teams, and that the collective results of the team are what is relevant, not anyone’s individual results. These players will argue that the wins should be divided equally among all players, or perhaps divvied up on the basis of hours. A third class of player will argue irrespective of anyone’s results that he or she has special skills superior to those of garden variety card counters that should be rewarded with special above-the-norm compensation. Anyone who has studied 20th century philosophy will at this point be reminded of John Rawls’ work, particularly his discussions in A Theory of Justice about how people’s conceptions of justice often seem determined by their economic situation. The team manager, after having been privately confronted by numerous players with their own ideas about fairness in distribution and having been put on the spot to make unpopular decisions, will probably be sympathetic to a fourth approach, the “Table Method”: put all the players in a room with the player share on a table. The players must decide how to divide up the money before they leave the room.
There are probably defensible reasons to adopt different rules for compensation depending on the preferences of the players. It is important, however, to adopt them before, not after, play has begun.
2. Just as importantly, when are the wins to be divided?
After the bank is doubled? After some fraction of the bank is made as profit? After some dollar figure is achieved? After some number of hours is put in at the tables? How do you handle things when a player or an investor wants to take the money and run — to leave before the stop point is achieved and demands compensation for what he has provided? Again, each of these choices has costs and benefits; making these choices in the middle of play when they appear to benefit some players and burden others runs the risk of appearing partial or biased.
Big bang theory slot machine for sale. 3. But perhaps the most important question is subsidiary to how is the team manager to be chosen and what powers should he/she have?
The second half of this question is no small issue. When I ran a team, I thought it was obvious that there were all sorts of policies that needed to be determined and promulgated by a team manager, rather than by individual players or the team collectively on an ad hoc basis, such as:
a. bet spread (min and max)
b. number of hands to play in varying situations
c. which casinos to play
d. which games in those casinos
e. what kinds of cover are permissible, prohibited, or mandatory
f. who should hold the bankroll in between sessions
g. to what extent and frequency results should be reported to the rest of the team
h. instructions on how to deal with law enforcement personnel and private security personnel
i. whether team members are allowed to play blackjack ‘off duty’ or if all play is team play
j. to what extent expenses (e.g., travel) are reimbursable from team profits or bankrolls, and who is empowered to make those decisions
k. tipping policies
l. what comps, if any, are counted as team wins ‘ especially lottery/ tournament prizes deriving from comped entries
m. whether players should use special advantage play methods, e.g., hole-card play, for team play
n. to what extent team members should be seen together in casinos, including such ancillary facilities as parking lots and restaurants
o. grounds for penalizing and/or terminating team members, and discussion of what the penalties might be
p. (most importantly and controversially) how the team will comply with tax laws.
I know this seems like a lot, but it is better to face a lot of these issues up front and set policies rather than just leaving it to reasonable people to set their own policies ex post. If you choose this second policy, you will find that reasonable people will disagree, possibly to your detriment! There are presumably special circumstances where special information would give team members grounds to override special policies, but I would think that the general rule is that the team manager’s decision would be respected. I think it is best to have these decisions written down and promulgated before a hand is played. It is possible in theory to make these decisions collectively, but I am inclined to think that organizationally you’d want to defer to a manager. Otherwise, you run into what Oscar Wilde identified as the problem with socialism: too many meetings.II. How do you tell whether your business is doing well or poorly? Any business will be endangered if it lacks auditing procedures. This is especially true of a blackjack team.
1. No team will survive unless it anticipates the essential blackjack team problem: alleged internal corruption. This problem occurs in many forms. Its most typical is that some team member will have results sharply below other team members or below expectation. Other team members get frustrated, and the low par results create severe internal stress. It is helpful to remember that there are only three factors that can create this result: bad variance, incompetence, or corruption. It is my view that players who join teams sharply underestimate the frequency of corrupt and/or incompetent players.
a. It is, of course, important to have a sophisticated understanding of what realistically can be expected from an individual’s session or set of sessions in terms of bad variance.
b. Incompetence is by far the #1 underestimated factor, in my view, with respect to player underperformance. Overestimation of one’s own abilities is as prevalent among advantage players as in any other field.
1) Some people have simply managed to convince legit players that they can passably count cards, although they cannot keep the count on a consistent basis or make some similar error of basic competence. This is more common than you might think. These players can be eliminated at a kitchen-table audition.
2) Some players have a rough grasp of the basics but have also managed to pick up some superstitious ideas. These dangerous and costly ideas will probably not be detected unless you have a reasonably long — say, one hour — kitchen-table audition designed to weed out half-competent players.
3) Some players are gamblers, and I mean that in a bad way. They focus heavily on session results, and bet big money without an advantage to turn negative short-term results around.
4) Some players just can’t cut it in the casino despite how well they can play at the kitchen table. Some are distracted by cocktail waitresses, noise, etc. Others have a neurotic response to the pressure created by the demands of successful play. Others are insufficiently aggressive in pursuing good bets (the technical term is ‘lazy’), doing such things as relentlessly playing through negative shoes for hours rather than getting up off the posterior and taking a restroom break at appropriate times. One of the responses to heat that to my knowledge is not sufficiently discussed in the literature is what I call ‘shrinking violet cover.’ This happens when players play quite competently, except that they fail to put out their big bet. In effect, they are playing with a sharply reduced spread. This style of play is not as ine
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*Two Person Blackjack Team Movie
*Two Person Blackjack Team Win
*Two Person Blackjack Team Members
*Two Person Blackjack Teamson
Card counting is the most talked-about blackjack advantage play method, but it’s usually thought of as being done by a single person. A single card counter can do fairly well in blackjack, but a well-run blackjack team can be much more profitable.
Two Person Blackjack Team register with Two Person Blackjack Team your new casino. There can Two Person Blackjack Team sometimes be a time limit associated with any no deposit casino bonus received. For example, you may only receive a day or just a few hours to play your bonus funds. The film was based on the book “Bringing Down the House,” which chronicled the true story of the MIT Blackjack Team — of which Chang was a player and manager in the 1980s and 1990s. Multiplayer blackjack can be found at table games as well as in blackjack tournaments. Generally, players start out with the same amount of money in their available bankroll and at the end of a predetermined number of rounds the player that has the most money is declared the winner. On the Web you will find a variety of multiplayer blackjack games.
Two Person Blackjack Teams Another very popular approach to team play is the two-person team. This type of team often consists of players who play together at a table, without any attempt to disguise the fact that they are together. Blackjack, formerly also Black Jack and Vingt-Un, is the American member of a global family of banking games known as Twenty-One, whose relatives include the British game of Pontoon and the European game, Vingt-et-Un. It is a comparing card game between one or more players and a dealer, where each player in turn competes against the dealer. Players do not compete against each other.
Books and movies have been released about famous blackjack teams, like the MIT blackjack team. If you’re interested in putting together a blackjack team to battle the casinos, I’ve covered some pointers below.Types of Blackjack Teams
A blackjack team consists of two or more people, and a team can be run different ways. The simplest type of blackjack team has two players who both count cards and work from the same bankroll.Two Person Blackjack Team Movie
The same concept can work with three or more team members.
Another type of blackjack team has a number of counters who sit in games and count cards but don’t vary the size of their bets. When the count is favorable, they signal another team member, who enters the game and makes big bets while the count remains in their favor.
This type of team can have as few as two counters and one big player or a large number of counters and one or two big players. Depending on the talents of the players on the team, the same member can work as a counter on one trip and as a big player on a different trip to a different location. This isn’t normal, but it’s possible.
Both types of teams can win money in the long run, but if a team is run correctly, a larger team using a big player can be more profitable, and it’s more difficult for the casino to identify the team.Team Management
A blackjack team that’s bigger than two people needs a clear leader or manager. The manager doesn’t have to play, but he or she can play as part of the team. The manager needs to be smart, and it needs to be clear that he or she is in control at all times.
This page is designed with the team manager in mind, but the information can be useful to anyone involved with a blackjack team.
The team manager controls the bankroll, plans how the team runs, organizes trips, and makes sure the team members don’t make mistakes that lead to the downfall of the team. The manager also has to have a firm understanding of variance because even the best blackjack teams lose sometimes. A string of losses can destroy a team if it doesn’t have a strong manager.Bankroll
For a blackjack team to make enough money to pay everyone enough to make it worth their while, you need to have a large bankroll. You also need a large bankroll so that the team can ride out short-term negative variance and survive until they start making a profit.
You can set up the way team members are paid in different ways.
The simplest way is for each team member to receive an equal share, but many times, the counters are paid a straight hourly wage.
Things can get complicated when the bankroll comes from an outside source that must be repaid and gets a percentage on their investment.
In a perfect world, you provide the entire bankroll and build and run the team. But this is challenging or impossible for most players. They simply don’t have enough money.
This page isn’t about how to fund the team bankroll, but understand that you’re going to have to get the money somewhere.
This means that you’re probably going to have to convince someone that you can safely offer a good return on investment.Trust
The two most important things you need for a blackjack team to be successful are talent and trust. All of the team members need to be talented enough to make money for the team, but trust is just as important.A blackjack team deals with a great deal of cash, and a single team member can destroy everything.
This is why building and running blackjack teams is so difficult. Beyond the fact that team members have to be trusted with cash, a team can start coming apart during a downswing.
Beating the casinos using card counting isn’t something that happens in a straight line. Some sessions are losses or break even, and some sessions are profitable. If the team has more than one big player, one of them can have a great session while the other doesn’t.
While you hope to recruit talented counters, sometimes they make mistakes. Any time the team faces a downswing, it can build resentment and distrust. Accusations can be made, and feelings can get hurt.
This might not seem like a big deal, but anything that can cause discord inside the team must be eliminated as quickly as possible.The Basics
You have to have one or more people who can count cards well. It helps if the person you use for the big bets can also count, but it’s not a 100% requirement. I don’t believe there’s a perfect team size, but a team with three counters and one big player is a good way to start.
It’s not overly difficult to learn how to count cards. With enough practice, almost anyone can learn how to do it. Because counters on a team always make the minimum table bet and just use basic blackjack strategy, they usually are safe from heat from the casino. This reduces the pressure on them.
Of course, you want to make sure your counters are good enough that they rarely make a mistake, but you can teach most people how to be good enough. For this reason, I recommend finding a few people you can trust and training them as counters for your first team.
You can use friends or family members, but you want to make sure that family members don’t look alike. It’s important that the casino never sees the team together and that it’s as hard as possible to identify team members.
Find two or three friends or family members and start working on your skills. You can act as the big player to start. Once you learn the ins and outs of making your team a success, you can start expanding or building another team.
While it’s good to be close to the team, you can run more than one team in different areas if you have good management skills and have people you can trust.
At times, some of the MIT blackjack teams had dozens of members working all over the United States and elsewhere. You can do the same thing if you’re smart and can put together a large enough bankroll.Challenges of Running a Blackjack Team
Blackjack teams face a number of challenges in addition to the ones I’ve already covered. You have to be able to move large amounts of cash around, including on airplanes.
What are you going to do if you get caught with tens of thousands in cash and are questioned by the authorities?
Carrying around a large amount of cash isn’t illegal, but law enforcement often thinks you must be into something illegal if they catch you. The simplest way to explain all of the cash is to file taxes as a professional gambler and keep the records with you. This doesn’t guarantee that you won’t have trouble, but it can help.
You might be thinking that you can avoid all of this by simply wiring the money to the casino, but this is a big mistake. You don’t want the casinos to know who you are, and you don’t want them to be able to track you more than they already can.
Members of your team need to stay in different places and never spend any time together away from the blackjack pit. They can’t act like they know each other even in the pit. They need to start playing at different times also.
If you do things well, the big player can earn comps, including free hotel rooms, but even this can be dangerous. Eventually, the casinos figure out that they’re being attacked and start looking closely at everything.
The good news is that there are more casinos available than in the past, so you can move around a great deal. You can also rotate players as your team grows to make it more difficult to identify possible team members.
If you run successful teams for a long period of time, you’re going to get burnt by the casinos eventually. Most of the successful people behind the best teams are forced to work behind the scenes. This stresses your management ability, but you can make it work.Conclusion
A blackjack team can be profitable, and it’s not as hard to put one together as many people believe. The truth is that a proper bankroll is about the only thing needed that you can’t learn. Goldfish slots free chips.
Start small by creating a blackjack team with people you trust, and you have a good chance to succeed.Please enable JavaScript to view the comments powered by Disqus.Posted by
Author: Bluesman from BJ21.com
I frequently read about blackjack teams and the difficulties they get into. As someone who has been a player, an investor, and a manager for a blackjack team, I thought I would write some general notes and, I hope, help others avoid some of the pitfalls we had to negotiate.I. There are several important questions that should be resolved unambiguously before the team ever plays a hand.
1. How are the winnings to be divided?
a. Each team has players and investors, and they all want to get paid. Are you going to split the profits down the middle between the two groups? This is the convention.
b. That’s easy enough to do for investors; an investor who buys in for 10% of the bank obviously gets 10% of the investor share.
c. But how are you going to compensate players? If you do not get this question resolved before the team gets going, you will see a remarkable phenomenon. Inevitably, each player will put in 20 or so hours. Some will have a net win, some will have a net loss. The winning players will argue that only winners should be rewarded at this point. Those players will demonstrate a remarkable facility with Reaganite entrepreneurial arguments, the importance of rewarding strong performance, the inherent fragility of a corporate structure without proper incentives, the fundamental fairness of rewarding especially (and, by the evidence, obviously) skilled players such as themselves, etc. etc. etc. The losing players, however, will demonstrate heretofore untapped abilities to analyze and explain why their losing results are to be expected. Expect BJRM figures to be flourished that illustrate the startlingly high yet previously unanticipated likelihood of bad results. Expect people who lose to reiterate that individual losses are the reason that people join teams, and that the collective results of the team are what is relevant, not anyone’s individual results. These players will argue that the wins should be divided equally among all players, or perhaps divvied up on the basis of hours. A third class of player will argue irrespective of anyone’s results that he or she has special skills superior to those of garden variety card counters that should be rewarded with special above-the-norm compensation. Anyone who has studied 20th century philosophy will at this point be reminded of John Rawls’ work, particularly his discussions in A Theory of Justice about how people’s conceptions of justice often seem determined by their economic situation. The team manager, after having been privately confronted by numerous players with their own ideas about fairness in distribution and having been put on the spot to make unpopular decisions, will probably be sympathetic to a fourth approach, the “Table Method”: put all the players in a room with the player share on a table. The players must decide how to divide up the money before they leave the room.
There are probably defensible reasons to adopt different rules for compensation depending on the preferences of the players. It is important, however, to adopt them before, not after, play has begun.
2. Just as importantly, when are the wins to be divided?
After the bank is doubled? After some fraction of the bank is made as profit? After some dollar figure is achieved? After some number of hours is put in at the tables? How do you handle things when a player or an investor wants to take the money and run — to leave before the stop point is achieved and demands compensation for what he has provided? Again, each of these choices has costs and benefits; making these choices in the middle of play when they appear to benefit some players and burden others runs the risk of appearing partial or biased.
Big bang theory slot machine for sale. 3. But perhaps the most important question is subsidiary to how is the team manager to be chosen and what powers should he/she have?
The second half of this question is no small issue. When I ran a team, I thought it was obvious that there were all sorts of policies that needed to be determined and promulgated by a team manager, rather than by individual players or the team collectively on an ad hoc basis, such as:
a. bet spread (min and max)
b. number of hands to play in varying situations
c. which casinos to play
d. which games in those casinos
e. what kinds of cover are permissible, prohibited, or mandatory
f. who should hold the bankroll in between sessions
g. to what extent and frequency results should be reported to the rest of the team
h. instructions on how to deal with law enforcement personnel and private security personnel
i. whether team members are allowed to play blackjack ‘off duty’ or if all play is team play
j. to what extent expenses (e.g., travel) are reimbursable from team profits or bankrolls, and who is empowered to make those decisions
k. tipping policies
l. what comps, if any, are counted as team wins ‘ especially lottery/ tournament prizes deriving from comped entries
m. whether players should use special advantage play methods, e.g., hole-card play, for team play
n. to what extent team members should be seen together in casinos, including such ancillary facilities as parking lots and restaurants
o. grounds for penalizing and/or terminating team members, and discussion of what the penalties might be
p. (most importantly and controversially) how the team will comply with tax laws.
I know this seems like a lot, but it is better to face a lot of these issues up front and set policies rather than just leaving it to reasonable people to set their own policies ex post. If you choose this second policy, you will find that reasonable people will disagree, possibly to your detriment! There are presumably special circumstances where special information would give team members grounds to override special policies, but I would think that the general rule is that the team manager’s decision would be respected. I think it is best to have these decisions written down and promulgated before a hand is played. It is possible in theory to make these decisions collectively, but I am inclined to think that organizationally you’d want to defer to a manager. Otherwise, you run into what Oscar Wilde identified as the problem with socialism: too many meetings.II. How do you tell whether your business is doing well or poorly? Any business will be endangered if it lacks auditing procedures. This is especially true of a blackjack team.
1. No team will survive unless it anticipates the essential blackjack team problem: alleged internal corruption. This problem occurs in many forms. Its most typical is that some team member will have results sharply below other team members or below expectation. Other team members get frustrated, and the low par results create severe internal stress. It is helpful to remember that there are only three factors that can create this result: bad variance, incompetence, or corruption. It is my view that players who join teams sharply underestimate the frequency of corrupt and/or incompetent players.
a. It is, of course, important to have a sophisticated understanding of what realistically can be expected from an individual’s session or set of sessions in terms of bad variance.
b. Incompetence is by far the #1 underestimated factor, in my view, with respect to player underperformance. Overestimation of one’s own abilities is as prevalent among advantage players as in any other field.
1) Some people have simply managed to convince legit players that they can passably count cards, although they cannot keep the count on a consistent basis or make some similar error of basic competence. This is more common than you might think. These players can be eliminated at a kitchen-table audition.
2) Some players have a rough grasp of the basics but have also managed to pick up some superstitious ideas. These dangerous and costly ideas will probably not be detected unless you have a reasonably long — say, one hour — kitchen-table audition designed to weed out half-competent players.
3) Some players are gamblers, and I mean that in a bad way. They focus heavily on session results, and bet big money without an advantage to turn negative short-term results around.
4) Some players just can’t cut it in the casino despite how well they can play at the kitchen table. Some are distracted by cocktail waitresses, noise, etc. Others have a neurotic response to the pressure created by the demands of successful play. Others are insufficiently aggressive in pursuing good bets (the technical term is ‘lazy’), doing such things as relentlessly playing through negative shoes for hours rather than getting up off the posterior and taking a restroom break at appropriate times. One of the responses to heat that to my knowledge is not sufficiently discussed in the literature is what I call ‘shrinking violet cover.’ This happens when players play quite competently, except that they fail to put out their big bet. In effect, they are playing with a sharply reduced spread. This style of play is not as ine
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