Being that you are playing against other players in a blackjack tournament, your bankroll becomes very important. This is because advancement to the next round is based on who has the largest bankroll at the end of a blackjack tournament round. And ultimately the winner of a blackjack tournament is determined by the size of their bankroll.
So it is an understatement to say that your bankroll is just as important as your blackjack strategy in a tournament.
It does not matter whether it is a blackjack tournament that you have paid an entry fee to and are playing with that money, or whether you are playing with the nonnegotiable chips of a tournament. Your bankroll is just as important as your blackjack strategy.
That being said, let’s look at how players approach their betting strategies for blackjack tournaments.
Usually players will take one of two approaches to their betting strategies when playing in blackjack tournament. Some will start out betting conservatively. These players are of the sort who are hanging back to see how everyone else is playing, observing them you could say. Then near the end of the tournament round they will break out with the necessary betting to either over take the table leader or to hang on to their lead if they already had it.
Other players will dive head first into the tournament round and bet aggressively to try to gain a lead. These players are the sort who try to make table leader right away and then spend the round defending their place.
Both betting strategies have good points and bad points.
Going the conservative route will help you preserve your bankroll, but if the table leader is too good at defending their place you will not be able to overtake them. So even though your bankroll is stable, you may not have the time to overtake.
On the other hand, if the player who goes the aggressive route is not careful he could wipe out his bankroll if the cards have poor run. At that point he would be hard pressed to keep up with the table and try to regain the lead.
Think carefully before you choose which betting strategy you want to use. Or you could even find some online blackjack tournaments with a low entry fee and try both out to see which one you are more comfortable with before playing in a higher blackjack tournament.