Blackjack Counting Blackjack Counting 4

Question 1

What is the 'Kelly Criterion' used for in blackjack card counting?

Accepted Answer

Calculating optimal bet sizing based on edge and bankroll

Answer

The Kelly Criterion is a formula that tells counters how much of their bankroll to bet to maximize long-term growth while minimizing ruin risk.

Question 2

Which of the following hands should a card counter always insure at a very high true count, per index plays?

Accepted Answer

Any hand when the true count is +3 or higher

Answer

Insurance becomes profitable when the true count reaches approximately +3, regardless of the player's hand total.

Question 3

What is 'cover play' in card counting?

Accepted Answer

Playing basic strategy incorrectly on purpose to appear as a non-counter

Answer

Cover play means intentionally making suboptimal strategy decisions occasionally to mimic how a regular gambler plays.

Question 4

When the true count rises significantly, how should a card counter adjust their strategy for 16 vs. a dealer's 10?

Accepted Answer

Stand when the true count is +0 or higher

Answer

At a true count of 0 or higher, standing on 16 vs. dealer 10 becomes the correct index play (I18 deviation).

Question 5

What is the concept of 'risk of ruin' in the context of card counting bankroll management?

Accepted Answer

The probability of losing your entire bankroll before achieving a winning session

Answer

Risk of ruin is the statistical probability that variance will deplete a counter's entire bankroll before the long-term edge kicks in.

Blackjack Counting Practice Test