May 11
23
The major downfall of playing online blackjack is the fact that you cannot beat a continuously shuffled random number generator. With proper basic strategy, the house still has a considerable long term advantage of about 1 to 2 percent. So for every $100 you invest in online blackjack, you lose about $1 to $2. Additionally, counting cards is pointless if there is a continuous shuffle.
There are some systems and blackjack tips out there that involve varying your bet sizes in order to secure a profit. This is also not successful over the long run. To prove this theory, we can borrow a concept from the financial world. The theory of dollar cost averaging says that if you invest a little bit at a time over a long period of time, the daily fluctuations of the stock market are neutralized and you become privy to the long term increase that the stock market has experienced. On average, this increase in the stock market has occurred at a rate of about 3 percent per year. This has been the case over a period of time beginning back in the Depression Era. Regardless of how well individual years have done, the increase has occurred because of the average rate of growth. If you invest consistently for long enough, the rate of growth for each year will be different, yet you will see a consistent 3 percent rise over a long period of time.
If the same concept is applied to online blackjack, you are again experiencing dollar cost averaging, only in reverse. If you are at a consistent 2 percent disadvantage, you might have winning and losing sessions, but you will, over a long term, lose 2 percent of everything wagered.