5 Tips for Blackjack Bankroll Management

Whether you play Blackjack occasionally or enjoy it on a regular basis, managing your bankroll is one of the most critical things to do as a player. Sure, bankroll management won’t guarantee you wins in every Blackjack round, but it will allow you to make the most of your Blackjack gameplay session.

That being said, here are the top Blackjack bankroll management tips that will help both beginners and experienced Blackjack players.

What exactly is Blackjack bankroll management?

Managing our money wisely is critical in all aspects of our lives. And the world of Blackjack is no exception to that. In fact, bankroll management has been one of the most important things behind the success of top players in the history of Blackjack.

In simple terms, Blackjack bankroll management is all about using the money that players have set aside to play Blackjack in the most effective way. Having a Blackjack money management system will help you make more informed decisions during gameplay. Also, it allows you to know what to expect from a given Blackjack session. What’s more, managing your money means you can limit your overall losses when you play blackjack online.

A look at the top money management tips for Blackjack

Now that you know the basics of Blackjack bankroll management, here’s a look at the top tips to manage your Blackjack bankroll.

Have a decent spread between your minimum wager and session money

As a Blackjack player, your session bankroll must be adequate to give you a decent chance of winning. Also, the amount must be adequate to keep your risk of going broke to a minimum.

For instance, wagering a quarter of your overall session bankroll on each Blackjack hand isn’t a good idea. This is because your wager-to-bankroll ratio isn’t large here, so your chances of going bust by having a losing streak are high.

The solution: there must be a decent spread between your minimum wager amount and the bankroll for that particular session. Taking the Blackjack dealer rules and other gameplay aspects into account, many Blackjack experts suggest that you should have at least 50x your minimum wager for a 3-hour Blackjack session.

Your total bankroll must be three times your session bankroll

As mentioned earlier, the total bankroll is the amount that you’ve set aside specifically to play Blackjack. For each Blackjack session, your gambling amount must be one-third of your total bankroll. That way, you need to have at least 150x your minimum wager as your total bankroll.

So, if you’re willing to wager $2 on each Blackjack hand, you should have $300 as your total bankroll amount. If you don’t have that much cash as of now, we suggest you avoid playing real money Blackjack until your bankroll increases to that level.

Now you might ask why I need that much money to play Blackjack. The answer is simple: the outcome in Blackjack depends on the element of luck. So, you never know what the result of your next Blackjack round/rounds will be. By having a sufficient bankroll, you will be protecting yourself from losing all your money in just a few gameplay rounds.

Go with proportional betting

As you continue to play Blackjack at a casino UK, your total bankroll amount will either increase or decrease. If lady luck is by your side, it will hopefully increase. What we suggest is that your wager size must always be in proportion to the total bankroll you have at that moment.

Again, this will reduce your risk of going completely bust in Blackjack Switch and other Blackjack games. To give you an example, let’s say you have $750 in your total bankroll. You take one-third ($250) of your total bankroll for a Blackjack session.

Unfortunately, luck wasn’t in your favour, causing you to lose $150 in that session. That way, your session balance decreased to $100. After adding the remaining amount to your total bankroll, your total bankroll size is now $600.

For the next Blackjack session, you’ll take the third portion of $600 instead of the original total bankroll ($750). Here, your minimum wager amount will be reduced to $4 from the original $5 wager size.

In the same fashion, your total bankroll and wager size for the next playing session will be slightly higher if you happen to win your current Blackjack round.

Don’t vary your bet size aggressively

For some Blackjack players, it seems boring to keep wagering the same amount. As such, they choose to use a progressive betting system that requires them to vary their bet amount based on the outcome of their previous hand. In addition, as one of the most prevalent Blackjack myths, they tend to believe that the betting system will always give them an advantage.

Let us tell you, however, that this notion is far from reality. Sure, using a betting strategy may sometimes improve your chances of winning, but it won’t always change your chances of drawing specific hands. The point here is that you should avoid varying your bets vigorously and go with the minimum bet amount if your chances of winning are slim.

Always check the playing rules

As a player, you’d always want to play Blackjack games that come with player-friendly online Blackjack rules, such as the ability to resplit aces and doubling down allowed after pair splitting. Also, you’d want to stay away from rules that are less favourable to players like the dealer hitting on soft 17 and no soft doubling permitted.

That being said, it’s critical for you to always understand the rules of your chosen game. While this isn’t specifically a bankroll management tip, it can help you lower the house edge by avoiding less favourable terms and conditions.