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Managing Your Blackjack Bankroll: How much is enough?

Fri, Jul 4, 2008

Blackjack

Once you’ve learned blackjack and basic blackjack strategy, you may want to start taking your play more seriously. So this week’s Gambling Q&A will deal with blackjack bankroll management. Here’s a question that is asked a lot.

Hey BonusHacker, I’d like to start a separate bankroll for my blackjack play. What is the proper size bankroll for blackjack?

In this article, I’ll share with you the importance of establishing your blackjack bankroll, and what size you need to reduce the risk of going broke.

Why you need a blackjack bankroll

You’ll hear me say this over and over, but it’s always worth repeating. Practicing proper bankroll management is half of the winning formula when you are trying to make money gambling. I’m not talking the casual gamblers amongst you; I’m talking to you people who want to take this more seriously. Having the proper blackjack bankroll will allow you to play comfortably without worrying about going bust.

What is the right size blackjack bankroll

As with most things in gambling, it depends. Yes, there’s a formula for calculating bankroll size, but it’s likely to make your eyes glaze over. For the sake of those who don’t want to know all the complicated math, I’ll keep this answer relatively simple. Here’s the important information that you need to know.

You need a minimum of 20 bets per hour of blackjack. So if you’re betting $5 per hand, and want to play 5 hours, you should have $500 for that session ( 20 x $5 x 5 hours = $500). That doesn’t mean you need to buyin for $500. It means you should have that much money with you to avoid going broke. This refers to your session bankroll. Professional blackjack players would want around $10,000 to play at $5 per bet.

Did this article help you understand blackjack bankroll management? Please feel free to post any comments or questions you have about having the proper size blackjack bankroll.

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