One of the most popular online casino games around the world is online blackjack because its low house edge gives players a strong opportunity to make money. But many blackjack players often neglect the concept of bankroll management, which makes it much harder for them to earn profits. That said, it’s definitely worth discussing how to properly establish an online blackjack bankroll.

Number of Bets vs. Stakes

The first concept to understand with regard to your blackjack bankroll is how many bets you have compared to the stakes. For example, if you’re betting $5 per hand and your bankroll is $100, you have enough cash for 20 total wagers. Now this isn’t a whole lot of bets, but it’s not a bad amount either and should allow skilled players to play blackjack for a while – provided they don’t hit a big losing streak.

Assuming you really want to play online blackjack for a while, it’s recommended that you have at least 40 total bets. For example, if you’re making $5 bets with a $200 bankroll, that’s enough to cover 40 wagers. Of course, it never hurts to have more than this amount if you love playing real money blackjack.

Finding Exact Numbers

If you really want to get serious about blackjack bankroll management, you can perform more detailed calculations. This is extremely helpful when estimating how long your bankroll will last. To set up an example, let’s say we’re looking at a really good player who lowers the blackjack house edge down to 0.5% and plays 100 hands per hour. Combining this low house edge with the aforementioned $5 stakes, this player would only lose $2.50 per hour on average (0.005 x 100 hands x $5).

Now you can’t simply say that – with an average losing rate of $2.50 – you can definitely play blackjack for X amount of hours. After all, blackjack is a game of streaks where some players make lots of money and others lose far more than the average. However, if you were to play for 10 hours, the math shows that you’d only lose $25 over this period.

As you can see, it’s not overly-difficult to calculate how much money you need to play online blackjack at specific stakes. So it’s definitely worth taking a few minutes to do this before you decide to play.