Blackjack Strategy: Money Management

Once you've got comfortable with the basic strategies of Blackjack it's important to consider the issue of money management ahead of putting any real money on the table at the online casino you've chosen to play. Remember that good strategic play does not guarantee winning, only achieving the best possible odds of winning, so astute money management is a vital skill to add to your playing palette to maintain control of potential losses.

The first step of intelligent real-money gaming is to fix a ‘bankroll' to play with. How much should that be? Put simply, never bet what you cannot afford to lose. The value of bankroll you settle on defines your loss limit, and you need to be ruthlessly realistic about that sum if you are to get the best from your gaming experience.

With your bankroll decided, the Blackjack table it your to play for as long as you like with the sole proviso that, if you should reach the point that you've bet all of the bankroll then that's a moment to stop. When it's gone, it's gone – never chase your losses.

The other money management technique that many players find worth subscribing to, is to switch to just playing with money earned as winnings if and when those winnings reach a certain value. For example, a player starts their Blackjack session having set themselves a bankroll of £50 to play with. The session proves successful, and that player finds he that bankroll's grown to £100. He or she then switches their strategy to play only with the £50 they've won in the session so far, putting the original bankroll aside and ‘out of play' for the remainder of the game. This ensures that, however the remainder of that Blackjack session progresses, that player can guarantee to walk away with no overall loss.