How to grow a bankroll in blackjack
Top tips for managing your bankroll in blackjack
Lesson description
Don't rely on big wagers or scammy betting strategies to grow your bankroll. Learn responsible, sustainable approaches to build your money pot with Mr Blackjack’s goal-setting and planning methods.
Players always want to know tips that will grow their bankroll, fast. Unfortunately, there are no secret tricks to getting more money from the casino, but the following tips will help you save more towards your bankroll.
To grow your bankroll you first need to change your way of thinking. You need to think monthly and even yearly instead of daily.
Like any business, you will have bad days and bad months. Overall though, you need to look at the big picture and see if your business is a profitable one.
Set realistic goals based on your bankroll and mitigate risk versus reward. For instance:
- Your nightly goal should be to 3x your nightly bankroll
- Your monthly goal should be to 2x your bankroll
- Your yearly goal should be to 10x your bankroll
Use the 5-10% rule with your bet sizing in relation to your current stack. You will ensure that your upside has enough potential to grow, and your downside is capped.
Also, use 10% of your overall bankroll rule for buy-in and 10% rebuy to determine your nightly roll. I give more detail on this in season three, episode three.
It's always a good idea to use a spreadsheet to track your wins and losses on any given night. Even if it's only $10, it needs to be tracked.
Some players will tell you that they play casino bonuses and side bets at the blackjack tables to grow their bankroll; that is true in some cases.
In the long run, these players will not become winning players. A one-in-a-million Royal Flush on the side bet with a $10K payout does not happen to everyone. Most players will not tell you about the losses they have, but only the big wins. Always keep that in mind.
If you follow these rules and apply the lessons you have learned throughout this series (from basic strategy, expected value, Ace tracking, and card counting) you will finish the marathon as a winning player, and thus your bankroll will grow.
What this lesson covers
- Practical tips to grow your bankroll
- How to track your wins & measure your success
- ‘Get rich’ tactics to avoid
Meet Mr Blackjack
With a career spanning two decades, Mathieu Blake knows his way around a blackjack table. He's taught and entertained over 100,000 subscribers on his YouTube channel NeverSplit10's . In this series he'll take you through basic strategy, card counting, and bankroll management. Take a seat with Mr Blackjack and become a winning player.
Bankroll Management
How much should I bring to the casino?
How much should I bet at blackjack tables?
How can I calculate my bankroll?
What is EV & how does it affect your bankroll?
Maintain emotional control while betting
How to cope with big losses in blackjack & avoid tilting
How to grow a bankroll in blackjack
Top tips for managing your bankroll in blackjack
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FAQs
- Should I exclude casino bonuses from growing my bankroll?
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Casino bonuses can help you increase your bankroll as it’s effectively free credit. However, these promotions usually come with extensive terms and conditions that may conflict with your plan for growing your bankroll. Our casino bonus guide gives a rundown of terms all players should know before signing up for these promotions.
- Are there any casino bonuses that will help?
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Some casino bonuses, like no deposit codes, are modest sums that you can use on blackjack games. These bonuses will help you avoid spending your bankroll on new games or casinos you’re uncertain of.
- Does this approach apply to all betting limits?
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This approach can help all players grow their bankroll, whether you play low stakes games or the VIP tables in Vegas.
- Can side bets help me increase my bankroll?
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Side bets may offer big payouts, but they come with a high house edge and bigger risk that players shouldn’t rely on. Season four of Blackjack Academy covers side bet essentials, or you can learn more about these wagers in our in-depth side bets guide.
- Should I use any software to track my bankroll growth?
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Spreadsheets are a cheap, simple tool to track your progress that any player can use.
- What if I lose all my bankroll early on?
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If you consistently lose your bankroll early in your plan, you should prioritize improving your skill. Revisit basic strategy and card counting guides, and practice these skills on free blackjack games or special blackjack apps before revisiting real money games.
- Do professional blackjack players set goals and plans to grow their bankrolls?
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Professional players focus on their long-term success when it comes to winning at blackjack, making it essential that they set goals and plans.
- How will I know if my plan to grow my bankroll have worked?
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Setting yourself short-term and long-term goals over months and a year will help you measure the success of your efforts over time. It will also help you stay motivated and not tilt on short-term losses.