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My bankroll is at $15,000, I was thinking about a spread of 1-12 playing $5 min tables my max bet being $60
Holy crap that's a good bit of change for that spread. If you don't get any heat you should make money.
8 Deck Blackjack online, free Wizard Of Odds
Do you think 4,000-5,000 is a more reasonable bankroll for this spread ?
More bankroll is always better. Basically your Risk of Ruin is pretty low with that bankroll spreading 5-60, which is a good thing! You should spread higher, if possible. No DAS is a weird rule to have at an 8 deck game, especially a S17 8 deck game. I have never seen a S17 8-deck game, to be honest.
You are playing with an advantage, assuming everything you say is true and you are competent. Not sure how much of an edge, though. 75% pen is pretty bad for 8 deck.
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More bankroll is always better. Basically your Risk of Ruin is pretty low with that bankroll spreading 5-60, which is a good thing! You should spread higher, if possible. No DAS is a weird rule to have at an 8 deck game, especially a S17 8 deck game. I have never seen a S17 8-deck game, to be honest.
You are playing with an advantage, assuming everything you say is true and you are competent. Not sure how much of an edge, though. 75% pen is pretty bad for 8 deck.
That might be the trade off for a 5 dollar min game with s17.
It's a good game to practice and hone your skills, but not a good money maker.
See you at the tables, man.
1.) learn Basic Strategy perfectly
2.) learn Hi/low perfectly
3.) Keep your decisions reletively simple (hit 2-card 16 vs. 10, but stand 3-card 16, DD 9 or Soft 18 vs. 2, 11 vs Ace, etc.) don't go that extra mile at +EV, build confidence
4.) Spreading 5-60 at a game with an EV of -0.6% isn't gonna win much... like maybe 60 units ($300) in 50,000 hands. But is a good solid way to get involved. A better Stand soft-17 game is on the East Coast, with DAS, Split 4 handed, and Surrender (EV -0.35%). The 8-deckers on E. Coast are 75-85% penetration.
5.) The cut-card has little effect (maybe 0.02%) on 8 decks. You will find that generally a shoe will stay good or stay bad longer than games with 2 decks. When bad leave. When good stay.
6.) Keep this little rule in mind... don't raise your bet until you win at the better 'level', and then limit it to a double-up. But ALWAYS reduce the bet when the score indicates to do so, and always make the correct bet when reducing.
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