My Blackjack Team's Worst Losing Streak
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- Опубліковано 11 жов 2021
- At one horrific point, the blackjack team I co-managed was down nearly half a million dollars. In this video, I’m going to share with you what got us to that point, how we ultimately climbed out of it, and what exactly you need to know to avoid making our mistakes.
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Thanks for being real. Sharing the losses with us not just telling stories about all the winning. This video helped me know what I need to do as well as believing that you are truly in this to help others. Thanks for information. I am a fan.
Colin. One of the top videos you've ever done! Informative, and will listen to it again. Have more like these.
Love your stories and analogies. Not a Blackjack player myself, but I think your lessons are inspirational to many other things in life!
I LOVEE THESE VIDEOS! Thank u for doing your best on uploading content colin! Much love from vegas!🙌🏽
Hey Colin, thank you so much for your videos. You have inspired me to start on the AP journey. In the beginning, I had little confidence I would be able to actually achieve the perfect game. Now with around 45 hours of training and about 15 hours of back counting at the tables, I have started to recognize I CAN do it (with some more practice). You really are a true inspiration. I can’t wait to have a perfect game and take the casinos money. Thank you so much!
So 2 years later, how did it go?
@@zx9rrider720 I can hazard a guess...
I really appreciate the effort you guys put into this. I am learning to become an AP, and i'm trying to go at it slow an steady. The information you guys provide is amazing. I enjoy understanding the good, the bad, and the ugly so I am not taken back when my losing streaks come. Great job guys. I look forward to the day when I am good enough to give a subscription and get my play checked out by one of you guys or member!
Great video, I return to it whenever things are going poorly for me. Apart from anything else it let's me rationalise things that are going on.
My traveling expenses are free, im a truck drivers lmao
That’s sweet!
Yea you ares
Damn bro ur multiple drivers?
Brooo there are a lot of gambling truck drivers lol
Do you counts the cards goods too?
Thanx, God bless your team!
I'm made this from 999 to 1k likes! Felt good!! Love the videos!! Just these has helped my game!!
9:45 "Hour after hour, week after week, month after month" Sounds like a job to me.
Good life advice right here. Thanks.
Hi Colin! Steven Bridges just posted the trailer of his card counting series! I have been subscribed to Steven for a long time but I had no idea he attended a BJA bootcamp and that you guys know each other. I would love to see a podcast episode with him!! Probably super cool to hear a magician's prespective on card counting!!
Eey congrats on 250k Colin, you earned it
If your not growing your declining, its important to not just maintain your skill but to grow by practicing, networking, reading, watching videos etc...
If you can count a whole deck in 30 secs the have goals like count in only 20 sec,,, having goals is a good way to grow
I always love the investment angle of this! It’s about the bigger picture
Wow! Keeping it real. Will listen.
I wish I could afford a private lesson with one of you guys. It would have helped last year.
what was the timeline between these losses and recovering all back
Losing streaks in blackjack can be pretty rough. Such a small edge and a lot of work....
@@NoNo-ro9gx no joke
I wouldn't mind the losing streaks if I didn't have to drive 2+ hours to play games. Travel expenses suck the worst
Colin, good content man, what percentage would you say is breakeven with your basic strategy drill and card counting drill, 95% and 95% would you consider breakeven? Or what would you consider? (you said 90% is losing)
You could simulate it in CVData. But the point is, anyone I’ve known who hasn’t trained to perfection (or close to it) doesn’t make it.
Colin n my at I just ask ,do you always suggest waiting for the second card before counting because when I play European no hole card with just myself and the dealer I’m wondering if I should start counting straight away to give me more time
Needed that pep talk
Colin, the basic strategy for english blackjack in Europe is a little different or not of your board in American Blackjack ?
Hello Colin, when You bankroll go down to 500k $ what bet spread did You play then ? Did you play on table with what minimum and maximum bet ? thanks for answer
What was your thesis to start your blackjack fund?
Hi Colin, What spread did You have? when did You lost 300 k $ on blackjack ?
I haven't played for a few months and I've given up playing for the time being. However, I'm curious. When should you finally resize your bankroll? How much should you be able to part with before resizing becomes a necessity in order to continue making it a profitable enterprise? What are the criteria?
ua-cam.com/video/BJx3I8ygMSk/v-deo.html
Hey my local casino started doing facedown blackjack on double deck shoes is there any advantage for the casino for doing this?
yesterday I went in a +15 win streak in a single session. I never had that much luck in my life. Same happens with losing streaks too
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 🙏.
@@karlthekounter which country is a table min of 1?
Very informative channel but I have a question. Do you believe there's a better time to play? At busy tables during prime hours, noted there will be lot's of drunk recreational players, or during slower hours, and maybe just heads up?
I have a better idea
What are your top 5 favorite Bible verses Colin?
Stupid question, but since they sell basic strat cards in the gift shop and you could alter it with deviation plays, why was the play poor from some of the players?
Was it count issues?
Are you still doing the mini course?
I have Idea for video series on basic strategy. Most of your current videos are one level above for amateurs. Make a series of 4 simple videos on basic strategy.
1) Hard totals: - Include all simple hands to some unique hands where people get confused
2) Soft totals: - Include all simple hands to some unique hands where people get confused
3) Pair splitting
4) Surrender
5) Insurance
Really good life lessons in here.
Almost 200 hours in since I started back in January, definitely had a moment where I lost seemingly every time I went, and actually went back into the negative (by only a little). But we kept generating EV and are now doing better than we ever have.
@Blia Yang some, not all. Up decently this year but just starting out with my bankroll.
@Blia Yang well no casino game is "fair" :)
@Blia Yang I mean, it's no different than others. They might be a little different here and there but it's pretty normal.
@Blia Yang so Indian ?
This is great to hear for me - I'm currently engaging in something similar (in terms of the EV and maths - 2:1 odds sports betting in a market where I seem to have an edge) and after suffering a bad loss today, it's good to see and hear these stories about people dusting themselves off and recovering.
Hey Colin, I wanna get your opinion on this, I am still in the process of trying to perfect my game so I’ve got a small bankroll I can set aside for when I get into the casinos (about 1k) I live in Canada so many casinos are still recovering from lockdown and closure, local casinos have a minimum bet of $25-$50 at most places, $15 if it’s a good day of the week. Some also don’t have great rules, I was wondering if it would be smarter to get started now on those lower mins and start building EV or if I should wait for table mins to be consistently low and keep perfecting my game
Say your best advice is to keep perfecting your game, and saving up a bankroll until you can get some lower minimums. $25 minimums is going to eat away at $1,000 really quick, unless you come across some incredible positive variance. I Wouldn't consider regularly playing $25 minimums until you get at least $10,000. I've given up $1,000 in one day playing $10 minimum tables (I've also won over $1,000 in one day at the same tables). You don't want to risk your entire bankroll by over betting and get crushed by a negative swing. So, you may have to end up waiting a long time, unfortunately.
At $25 my downswings have been $400 $500 just waiting for at least a +1.8 true to ramp bets. No way $1,000 would be enough for more than a $5 table (assuming a 10-1 spread) for 4 to 8 hours depending on your level risk tolerance.
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 🙏.
@6:06 hot damn, y'all dressed like the villains in an 80s-90s college comedy.
How do I buy one of those Church team shirts Colin? 😀
Haha. Sorry, limited print for church team members and investors.
@@Blackjackapprenticeship what's your take on Spanish 21 does the strategy work on Spanish 21 with deviations
@Dracula Tepes I just found out that you start every shoe on Spanish 21 with a negative 4 true count depending on how many decks are used I been pissed at myself because I been giving money away playing Spanish 21 but I know basic strategy rather well but I'm reading the pros guide to Spanish 21 and it's an eye opener for real
Maybe there were team members pocketing their share of the bankroll. Like saying they lost $1,000 but they actually won and pocketed $1,500 or whatever.
Guarantee some were
I got up $5000 really quickly and the last 2 sittings lost $2200. From a math standpoint, I’m averaging $300 a sitting. Needed this video to reassure myself it’s about the long run and to trust the math. Buy in smaller and walk away when I’m up my average at the end of a shoe.
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 🙏.
No matter how good you are, there are ups and downs in your games. Happen to the best of us. As for me, i could not handle the pressure of losing 400 euro, thats why i am just living a normal life. ( not a risk taker)
Absolutely, it's not a linear progression at all and it can be rough to ride out the downswings, we all have to make the choices that is best for ourselves
How many blackjack hands one needs to play for EV and AV to be around the same or level out?
Probably 100,000-200,000 hands, so 1,000-2,000 hours.
I still can't get over how your friend nicknamed himself loud & often. What's the back story behind it?
It’s so hard to count with the fast pace
How do I become a 100% card counter? I'm probably at about a 30-45% right now.
Lots and lots of practice.
Bottom line. The average player trying to do this for real can NOT sustain a bad losing streak which will eventually occur. Movie Blackjack heroes are just that.
Wrong, just wrong. If you play correctly and you keep your ROR under1% youll be fine
@@DonTrump-sv1si sure pal,sure post a vid of you playing in a casino for 1hr.
@@clydeb7713 Just because youre a loser (and im not just talking black jack) doesnt mean everyone else is. Thats hilarious. You have zero clue who youre talking to.
Any one tried this at the Southland casino in west memphis or the Tunica casinos?
Advantage black jack as well as being an EV poker player is still stressful. Advantage slot play is much easier on the mind. I’ve stopped playing poker completely because of this. Advantage slots = low stress + $$$
Out of curiosity, how could you even have an edge on slots?
@@jaxsonbateman 😂. As confused as you are
I’m so glad that I found this video. Now I am not worried about losing half of my $1 million bank roll. 😔
Hey.. keep your head up.. we’ve all been there. Listen to what Collin is saying here. Regroup, reevaluate and make adjustments where improvement can be identified. I was a lone player in the Midwest. Back then there were only a few local options to frequent. On the days where I was losing more than 25K, I beat myself up thinking, this is more than some people make in a year. Gone in less the 4 hours. The take away being, you have a million or had, in your bankroll. You can do it again. Trust the math and maybe take a trip out to have your game evaluated from a non biased source. These guys are legit and when these things happen, it’s best to regroup and get back to the basics..
You got this.. your next problem will be getting backed off before you know it.
Good luck..🙏👍
Take some of those winnings and get some bitcoin or something. Before you know it. You’ll have passive income from it and you can retire Lamborghini style if that’s your thing.
Loan me some money please lol
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 👍
Luxor is on the other side of NYNY. Shirt is wrong. How did you miss that detail?
That x-axis on the chart though! *cringe*. Cool video though, takes guts to pull through that and be honest about the mistakes.
Having a hard time keeping the running count. Almost have basic strategy down though.
I was counting cards in rising sun indiana at rising star casino they would bitch about me putting cigarettes on the marble of the table and I’m like wtf? He said card counters were recording us with a camera in a pack and I thought why lol thennnn I saw your film holy rollers and realized it was you guys haha since been booted from there but damn that hand shuffle 25 dollar blackjack is the best and they let you play three spots at once !
"If there's something you can't do exceptionally well, you shouldn't be doing it." WOW. Either a really hard truth or just the most asshole thing I've heard in a long time. Maybe even both.
My Wife when I come back from the casino: So how much did you win?
Me: Winning is a process, not an event.
My wife the next time I come back from the casino: So how much did you win this time?
Me: 😮💨
Was your church team the one featured in the blackjack documentary "Holy Rollers"?
Yep, that was us
58 hours winning 42 losing you don’t notice losing if it comes between winning sessions but otherwise it’s bad
5:40 put in the work
After a year and a half of no casinos open here in Manitoba, Canada, I finally got the chance to play blackjack again two weeks ago. I was a little worried my card counting skills would suck badly even though I have done some practicing over that time. I lost $200 as the count was not high enough to do any good betting, the dealer was hitting everything and it was just a slow trickle. I pulled out my last $85 and then went gang busters. I was counting perfectly, the count went ridiculously high and stayed that way for about 4 hands. So I increased my bet spread from $10 to $40, played two hands and was splitting my 10s (much to the horror of the lady playing beside me) Nailed every one and in just two shoes, I made back my $200 plus another $190. It felt good. I wished I lived closer to the casino where I could develop some good skills and EV.
You joking?
This is not advantaged play.
@@mattkelley6219 why it isn't ?
@@mattkelley6219 I mean maybe a deviation I don't know all of them but you should really not split 10 at all lmao.
U shouldn’t split 10s bruh 💀
I’m in the middle of watching Holy Rollers and I’m at the part where you all fired the atheist because the guy that hears voices accused him of stealing. That really changed my opinion of you guys. Wow. I really hope you all realize how foolish that decision was.
They were all mentally unstable outcasts
I have 5-6 hours of experience now.
exactly!!! real card counters tell the truth,, you are going to lose big, its unaviodable, but over time you will win you just need a big bankroll ,, and if you are a single player without help good luck cuz your going to get bounced over and over again
Are you blacklisted in Vegas now?
What’s so sad is $455k seems like nothing with all of these slot streamers these days. . . It’s insane.. . But great story man
thats 1 night for train he loses 1mil a day lol
I didn’t have this problem because I played against a single deck with good penetration. 45 years ago. I had advantages exceeding 10% on individual hands at times. So my overall advantage was almost what the roulette wheel takes. I had losing streaks, but not what you experienced. I had a 20 hand losing streak twice, but one of those ended up being a winning session. I started another session with 14 consecutive losses, and that also ended up being a winning session. A +15 running count with less than half a deck remaining is huge!!
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 👍
play smart ..keep sessions short.....walk away with winnings and you could win living expenses month over month....betting 50 dollars can return 4000 dollars a month if you accept that is about as much you can do.....
Hello
done.
Hell yeah losing streaks are real!! I am sorry you lost soo much....16 years ago I lost 367000 in 1.6years so I know the pain 😭😭
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 🙏.
Ppl were skimming off the top
Toliko ste novaca izgubili, stvar je u odlučivanju. 😢Pozdrav iz Croatia.
“We need to be humble” proceeds to fire 1/2 the team. Pretty wild hypocrisy
You should do a Max Rubin interview. He’s great to chat with.
Losing steaks are a part of the game if you can't deal with the losing streaks and pitfalls of the game. Chances are that you won't make it as a card counter
Crazy I lost 10k and I'm feeling like it's 100k
I’m a 8 years card counter,five hundred dollars to half a million dollar.I also often tell others,even as a card counter 90%will lose in the end.that y a reason I don’t like to teach other how to play.
And I’m not play card in us
If you could help me out: I'm playing in Europe and my bankroll is 1,000$ with a table min of 1$, the game rules are normal(H17, no surrender) double deck. What should my bet spread look like? What should I bet according to the true count? Back offs aren't a problem so I don't mind an aggressive spread. I would by the BJA pro-betting software but it's expensive and my bankroll is pretty small. Thanks 👍
I’m on a losing streak 😢😢😢
Those 2007 outfits 😂😂
We were trying to look ridiculous. 🤣
I would have thought it would be simple to spot a counter. Who really watches everybody else’s cards being dealt?
The part about him having to fire his friends was good. It shows how ruthless you have to be sometimes when it comes to winning money.
Colin im looking for the loss rebate theorem spreadsheet on your website but cant seem to find it
Are you sure someone wasnt stealing?
As someone who plays poker and roulette, I like to balance risk against reward all the time. To minimise variance it appears to me that going straight to bigger bets as soon as the count is in your favour may cost you a lot of money if many big bets go against you. I don't know if you do this at all but I think applying a 'Martingale' system to the betting when the count goes in your favour would reduce variance greatly.
From what I'm reading online, the martingale system isn't mathematically sound and appears to rather just make you feel better in the short term. The bet size at any given point is a calculation task where there is a "best" answer which is based on what you are trying to achieve (in this case maximum return without exceeding an overall risk of ruin of some value like 2%).
Even when the count is high, you are risking a serial of losing hands.
He has a few videos on betting strategies, the problem with martingaling is you will eventually hit the table limit, or if you had extremely high limits you'd eventually risk your whole bankroll to get back to even and what if you lose then? The only mathematically sound way is to increase your bet when the count increases and therefore your advantage increases and decrease your bet size when the odds are in the house favor, the only reliable way to calculate this odds is perfect running count and accurate true count conversion
Chicken soups for dingy gamblers 😂
I lost 7000$ in 22hours of play, btw these are my first 4 sessions ever
Yikes. Unless you have a $100k bankroll (or larger) you are over betting. Have you had your game evaluated by a pro?
@@Blackjackapprenticeship no , I bought cvcx for my betting, and I have a 33000$ bankroll, I play tables of 25$ minimum, I cant play lower tables then this, their is simply none🥶, my max bet is 125$ at +4
@@Blackjackapprenticeship And I dont know any pro card counter so I havent evaluate my game unfortunatly, but I have pratice at home more then 200hours. I think my problem is my betting, in my region « Canada » I cant find a place lower then 25$ minimum tables.
@@etiennetousignant1177 give me $500 😅. Its much better than lossin.
@@royce6435 I won 1400$ today, my first win 😁
Do you take personal investments like I hand you 10k and you go and play for me
Has anyone seen MG21 blackjack videos? He starts with a pretty decent bankroll (usually $25-$50K; avg starting wager $500/hand). He doesn't count cards, uses basic strategy & varies his bets from 1-3 hands. He seems to do pretty well.
He’s over betting and a 1-3 bet spread won’t cut it. Either he doesn’t share his losses or he’s just gotten lucky so far.
If he doesn't count cards he will lose over the long run.
He's definitely not being completely honest on his channel. He'll raise his bets in negative counts and bet way too much. I also saw one vid scrolling through his channel of him showing off a penthouse suite he was staying in, which the casino wouldn't let him do if he wins consistently. My best guess is he either doesn't show all his losses or he has some kind of deal with the Casinos where he plays a winning game and they get free marketing from his channel.
My traveling expenses are free, im a hitchhiker
I think your thinking on job vs investment is backwards. Through all of your vids one thing that comes out clearly: this is not easy, takes time, and takes effort. That sounds like a job to me. My investments are where I stick money and forget about it.
It seems to me that a player's bankroll *should* take into account the expenses, like any business must. If your one-person business has to pay $10K in rent but generates only $9K in revenue per month, you can't say, "well, my business is profitable if I take out the expenses and pay for those out of this 'other' money". Get a cheaper hotel, eat ramen, lower expenses but if the EV over the long haul doesn't pay for the expenses you're not profitable.
Quite so. Collin gets a lot of things wrong from a business perspective. The simple reason why, according to the numbers he provides, they were over performing in the beginning, was because they’ve overestimated the size of their bankroll (because they paid all expenses from the same stash of money) and therefore gambled at a much higher risk than they estimated. Higher risk, higher profits until the luck turns. Don’t even get me started on ROI on card counting, and he always avoids giving away much in his videos on that subject, I think there’s hardly any investment opportunities one could do worse at. So yes, these videos are entertaining, but that’s about it in my view.
I’m thinking about attending a boot camp rather than using Uston’s APC. I’ve read anything more powerful than the hi-lo count is overkill. What’s your opinion on this Colin?
We discuss several other methods here if you want to take a look
ua-cam.com/video/1PmpnrNkGDs/v-deo.html
Everybody else gotta go 👉
Bruh
WTF...No need to count to win..
Your chart looks like Bitcoin from 2015 to now lol
That's is not a big loss for a big team
Watching the holy rollers documentary really disappointed me. You kicked that guy off your team just because he wasn't a Christian. That's disgusting. Shame on you man.
So...quit while you're ahead
That does not apply if you have the advantage. By your logic, the casinos are ahead, so they should quit.
Just make $5K per week and you’re good.