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Blackjack tournament strategy eventually comes down to a balancing act: you must take enough risks to win, but only when the rewards are big enough to justify taking those risks. This helps keep the competition on a more equal footing; players who act last are at a significant advantage, since they can see how much their opponents have bet, and see how their hands are doing before they need to make any decisions of their own. Perhaps the most well-known to television audiences was the World Series of Blackjack , a competition televised on the Game Show Network. This works because, in general, the players making bets of similar sizes will end up with a similar number of chips. Online Blackjack. In the last decade, poker has gone through a tremendous boom thanks to the rising popularity of poker tournaments. On the other hand, blackjack is mostly known as a table game played in the casino, not a competitive endeavor where you compete against fellow players. Meanwhile, you — as the only player at the table trying something different — will likely find yourself with a very different amount of chips. Since your goal is to accumulate more chips than your opponents, it is sometimes wise to do things which you would never do when simply playing blackjack at a regular table. Typically, a round will last somewhere between hands, after which the players are ranked by the number of chips they hold. One of the key strategic concepts in blackjack tournaments is that players will tend to have very similar results in terms of winning or losing hands. Most good players will generally bet small, but look for some good spots to make larger bets, especially when they can act last and see what their opponents are doing first. Still, blackjack tournaments are commonly held in major casinos around the world, often with large prize pools that can range into the hundreds of thousands of dollars or more. Multiple blackjack games Publicly traded company Multi award winner.{/INSERTKEYS}{/PARAGRAPH} This is an especially critical advantage on the final hand. {PARAGRAPH}{INSERTKEYS}Online casino tournaments data supplied by CasinoListings. In recent years, several blackjack events have gained considerable notoriety. German Spanish. While it is far from a guarantee, hands where a few of the players win against the dealer and a few lose are less common than hands where the whole table beats a busted dealer, or the dealer defeats all or nearly all of the players. All Rights Reserved. However, unlike with poker, most major blackjack tournaments are not televised. Instead, the first position changes from hand to hand, with a button moving around the table, much like the dealer button in poker. Typically, a blackjack tournament will consist of elimination rounds though single table blackjack tournaments do exist , in which the top one or two finishers out of a table of about five to six players will advance to the next round. Related News. Blackjack tournaments are also spread regularly at many online casinos, meaning you can play in an exciting tournament from the convenience of your own home! For instance, if the rest of the table is making small, conservative wagers, this strategy suggests that you should make large wagers instead. This concept led to the discovery that one very effective strategy in blackjack tournaments was simply to do the opposite of what the rest of the table was doing. In fact, for many people, high stakes tournaments might be the first thing they think of when they think of poker. Best Blackjack in Las Vegas, Ken Smith BlackjackInfo Interview. These days, blackjack tournament strategy has evolved to the point where these easily exploitable tables are less common, which means more advanced strategy is required. Play Read Review. Advanced blackjack tournament strategy goes even further, taking steps to optimize bet sizing, pointing out when to ignore basic strategy because you need to take bigger risks or need to play extra conservatively , and much more. At the beginning of each round, each player starts with the same number of chips. This might put you in first place, or it might put you in last, depending on how the dealer treats you.