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Old 10-26-2005, 05:13 PM
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this may seem like a dumb question but???

Has anyone ever just opened up 10-20 blackjack accounts at different casinos with 50-100 deposit and just tried to win 5-10 dollars in each per day just to make an extra couple hundred a day which add up to quite a few thousand per month.
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Old 11-11-2005, 01:16 PM
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LOL you'd be labeled an abuser in no time and banned from them if you tried...
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Old 11-11-2005, 01:38 PM
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I have done essentially this before. But not at that number of casinos, just at a few.

The problem is with a $50 bankroll, you may not last long, depending what stakes your playing. Also, it is not that easy to just win $5-10 every session.
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Old 11-18-2005, 08:07 AM
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Quote:
Originally Posted by dowo
Has anyone ever just opened up 10-20 blackjack accounts at different casinos with 50-100 deposit and just tried to win 5-10 dollars in each per day just to make an extra couple hundred a day which add up to quite a few thousand per month.

I thought that Cipher would answer this himself.

My own answer to that question, based on my own ‘informed’ ho is: Yes, it has been done, it is being done, and will be done over and again in the foreseeable future. Only perhaps that opening 10 to 20 accounts per day might be too much of a chore in itself… It's a lot of work.

I’d also believe that a lower rate of action (quantity-wise) would be preferable, and as quoted by Ditch “The problem is with a $50 bankroll, you may not last long…” One lost $50 deposit would nullify all the efforts put into five other humble $10 ‘hit and runs’!

I would suggest deposits being more substantial, maybe in the range of at least $150 to $200, this in order to give you some ‘room to move’ so to speak; the Standard Deviation alone, by itself may take you, at flat bets, to your positive and modest ‘stop point’, then again and more likely, it may take you the other way, where you will need the extra cushion for wisely applying small negative progressing increments to help you reach that positive ‘stop point’.

For deposits in the range mentioned I recommend 1/4 to 1/3 'bites', as in depositing $200 and cashing out $250, or depositing $150 in order to cash out $200. Of course the bigger your cushion the better your chances. This may be frowned upon by higher rollers, but the thinking behind this method is that all small wedges do form a full pie.

Should you endeavor in this activity, I’d suggest that you tackle this after many ‘play money’* sessions at reputable casinos’ softwares, in order to get the feel for this. While this is a money-maker for some, if you’re not self-confident that you will succeed with this, my suggestion is simply: just don’t do it.

This is my own personal take on this often brought up topic.


Regards,


P.S. *About ‘play money’ modes: make certain that you play a top brand to make certain that the play mode is the same as the money mode. An example of deceiving play mode are Oyster software powered casinos (aka Elka Systems) where you’d win a fortune in play mode, just to be sucked in by rigged software in ‘Real Money’ mode. Oyster/Elka casinos are to be avoided at all costs.





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Old 11-19-2005, 05:48 PM
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Hi THATCH:

You hit the nail right on the head here with your advice. This is the type of thing that is one hell of a lot of work. Frankly speaking, I only know of a very few players that have the discipline and dedication required to pull it off over an extended period of time.

Off topic, I'm finishing up a pretty involved work up on one of the biggest Playtech operators that I'll be posting within the next couple of days.

There just doesn't seem to be enough hours in the day anymore.

Have a good one.

Cipher
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Old 11-21-2005, 06:02 PM
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Thanks

Thanks for the replies. I already do have 10 accounts oppen for play. They are all micro casinos. You are right I think it would be better to depsoit 200 in 10 and then take 10-20 per day with $1 base bets
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