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.
Blackjack tournaments present a different experience to the average blackjack player. Once in a blackjack tournament, a certain foreign competitiveness is felt that is not normally present in regular blackjack games. This is because blackjack tournaments—online or not—put us into direct competition with other blackjack players. Something that does not normally happen.
Blackjack players will wager and play their way to be the table leader. And once you are the table leader you want to stay the table leader. What can you do to defend your place at the table?
Once you have succeeded in becoming the table leader pay careful attention to what everyone else at the table is betting. You are now going to need a betting strategy. Do not confuse that with a betting system. You do not under any circumstances want to use a betting system. You only need to use a little bit of betting strategy. And the betting strategy to use as the table leader is quite simple:
Match your wager with that of the player who is closest on your tail.
It is really that simple.
The reason you want to match the wager of your closest opponent at the table is because if you both lose then your opponent is no closer to gaining on your lead. Also if you both win he is not any closer to catching up to you. Sure he might have just won $50, but so did you. He has not gained any advantage.
Now if you win and he loses then you have just increased you lead against your closest opponent even more.
If you lose and he wins then he is a little closer on your lead; but if he over takes you in this same scenario, his lead is not that much ahead of you, and you can increase your wager to overtake him and become the table leader again.
Most of the time blackjack players are just fine playing against the dealer. They do not have to worry about what any other blackjack players at the table are doing. They can play out their rounds of blackjack only focusing on their strategy and what the dealer is doing.
But from time to time we like to increase the thrill of our blackjack games. And to do that we usually find ourselves a blackjack tournament. In a blackjack tournament we have to take what the other players at the table are doing, most particularly what they are betting.
And that brings me to my first blackjack tournament tip.
If you are trying to catch up to the table leader you are obviously going to have to increase the amount of your wager. But how? Do you increase it by a large amount in one or two rounds? Or do you increase by a moderate amount over several hands?
The thing to keep in mind is that, while blackjack players are used to not paying attention overly much to each other in a normal game, they are watching each other like hawks in a tournament game. Only the player with the largest bankroll will go on to the next round. Tournament games are highly competitive.
So considering how competitive blackjack tournament games are your best bet, no pun intended, is to do a couple of large increases over one or two rounds to try catching up to the table leader. Betting moderate amounts may not allow you to catch up to him, especially if he is betting higher than you to try to keep his lead.
Blackjack tournaments are sometimes played to a certain number of rounds. Do not waste rounds trying to catch up with moderately increased bets. You are more than likely not going to catch up, much less overtake him.
Blackjack is a gambling game. There is risk involved in a regular game, but in a tournament there is a feeling of even more risk—even if you are playing with nonnegotiable tournament chips and not your actual money—simply because it is not only about betting the dealer.
A blackjack tournament game is about having the highest bankroll. It is that heightened sense of competition that makes tournaments feel more risky. With that in mind, use larger wager increases to try to catch up to the table leader.