Blackjack Counting Betting Spreads and Bankroll Management 3

Question 1

Standard deviation in blackjack helps counters understand:

Accepted Answer

The range of expected session results due to variance

Answer

How many cards to count per shoe

Answer

The house edge in any given game

Answer

The legal betting limits per session

Question 2

A counter should 'take insurance' when:

Accepted Answer

The true count is +3 or above (approximately)

Answer

The dealer shows an Ace on any hand

Answer

The player has a hard 20

Answer

The running count is positive

Question 3

The 'N0' (N-zero) figure in card counting represents:

Accepted Answer

Hands needed for positive EV to overcome one standard deviation

Answer

The neutral count value

Answer

Number of decks in a standard shoe

Answer

Zero-count starting point for KO

Question 4

Why should card counters track their sessions with detailed records?

Accepted Answer

To monitor actual results vs expected value and detect mistakes

Answer

To report winnings to casinos

Answer

To satisfy IRS requirements automatically

Answer

To track which dealers are most favorable

Question 5

A 'stop-loss' limit for a card counting session is best defined as:

Accepted Answer

A pre-set loss amount at which the counter leaves for the day

Answer

The count level at which to stop raising bets

Answer

A casino-imposed betting restriction

Answer

The point at which to stop counting

Question 6

What does 'wonging out' mean during a negative count?

Accepted Answer

Leaving the table when the count drops unfavorably

Answer

Increasing bets when count drops

Answer

Sitting out hands at negative counts

Answer

Switching to a side bet strategy