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Managing an existing blackjack team is tough work, but the fun and rewards can be terrific. Once you have put together some card-counting friends you’ll need to pool your bankrolls or convince a financier to put up some cash. By then you should have all your teammates on the same page. It’s best if you can devote plenty of time to your venture, but that doesn’t mean you can’t have other jobs.

For you, your job as manager will have many aspects, especially if you sign a formal agreement with a financier and have several team members playing and investing. Honesty seems obvious, but it still needs to be mentioned. You and your players will be under a great deal of stress, so don’t let the occasional losing streak unhinge you. The best way to proceed is to let everyone know their job. You’ve already proven that everyone can play the game and everyone can count, so make sure you everyone understands the odds you are working with.

There’s no sense spending hundreds of hours working together and training if you can’t play together in the casino. And, there’s no sense hitting the casino if you over-bet and blow your bankroll. A successful team need never go broke. You may have to reassess your wagers and reduce your expected income for a while during a bad streak, but always play to a small element of ruin by having a bankroll large enough to withstand the ups and downs of gambling.

Even a small bankroll of $2,000 can be a start, but keep in mind that you’ll have to keep your biggest bet fairly low. An individual playing to a $2,000 bankroll can manage a bet variation of $5 to $50 with good cover play. That bet range takes a 400-unit, minimum-wager bankroll. As you win and your bankroll increases you can raise your wagers, which means you can double your earnings when you have $4,000 to play to.

If you are using a Big Player approach, you’ll still need to keep your wagers at $5 to $50 with a $2,000 bankroll to keep your element of ruin below 5% (a one-in-twenty chance of going broke). However, with a successful Big Player approach you’ll find that your hourly income soars because you will be getting all of your $50 wagers with a substantial edge, and the counters will be betting only $5 per hand. Still, it’s always a good idea to start with a small bankroll and successfully double it, share the wealth, and then set a new bank. Team members and financiers will be happier and more comfortable knowing the system actually works.

Once your team is set and you have a bankroll, you’ll need to put on your administrator shoes and start scouting casinos. Find the best games (fewest decks used, fewest cards cut, least number of Pit Bosses watching, most tables etc.) and schedule your players. If you have many casinos to choose from, move all your counters around from club to club and let the Big Players stay in one casino at first, then do the opposite the following few days.

If you have fewer casinos to choose from, make sure you take great care in keeping your people moving around the clock, as much as 12-hours apart to avoid being seen by the same bosses right away. If this is the case, your counters aren’t in much danger, but you’ve got to rotate your Big Players in and keep them from playing too many hours in one place.

Your card counters will hardly be noticed, since they just bet the minimum, and they’ll all blend-in at busy casinos. However, your Big Players will really be noticed, so keep them safe from detection!

Keep detailed and accurate records of where everyone is playing, how long, who the Big Players are in each area or casino, and of course the amount of wagers and win/loss. There is nothing wrong with fretting over the skill of your counters and your Big Players, but don’t jump to any conclusions with a small amount of information.

Once you have 100 hours or more of play and records you can depend on, then you can start drawing conclusions about win-rate and player ability. Remember that your Big Players will be called into games at different times and the count will not always be the same. Their luck (and yours) won’t always be the same either. When things don’t look right after that you can consider what’s going wrong: poor training, poor play, bad conditions, missed counts, or even player theft.

Remember, you are the manager and are responsible for the conduct of your teammates and their overall results. Treat everyone with respect, treat your bankroll like a businessman treats his capital, and always be fair and honest with your investors. The team’s success really does depend on you and your management skills.

What’s your cut of the profits? That’s up to you, but if you completely administer the team, your hourly rate should be about double that of the Big Players. You’ll also be an investor, so your overall income should be quite healthy. If it’s not, well, who’s to blame?

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