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Michaels actual edge over the casinos typically run .5% over the house on average in live money play. So to make 60,000 per year he has to push $1,000,000 a month across the tables. This is not hard to do on a $100 table with an average bet of $200. Using the formula of one hand per minute or 60 hands per hour times the average bet of $200 equals $12,000 per hour. $1,000,000 divided by $12,000 equals 83.3 hours per month or 20.8 hours a week or 2.9 hours a day. At a $60,000 per year goal you can shorten your time played per day by increasing the average bet or increase the income goal per year, likewise. However, experience has shown him that this is NOT a good idea in the middle of a season unless your edge over the casino has doubled to 1% Y.T.D. (year to date) or better as well. F.Y.I. Like big numbers, over the course of one year using the formula above he has pushed $12,000,000 onto the tables at risk! No worries mate. Tip: for those of you who want to use the above formula if you think you are running a .5% or more edge over the house you should use, $100 starting unit, $2,000 session money and $10,000 total bank roll or 100/2,000/10,000. Be very careful though, because without a great system like the PRO VPS© the huge wins can come in a hurry and deteriorate TWICE as fast. A huge bank roll and a little knowledge, a Blackjack Pro does not make. You can get lucky and win a few times but in the long run they will get you. Kind of like a pool shark sand bagging at first, setting you up for the kill. Also note that at a .5% edge over the house does not mean that you won't experience 100% - 1500% pure profit sessions from time to time, you certainly will, but you will also sustain small loses as well along the way, so you are merely looking for an average of .5% or better over the long run which is reasonable and acceptable. Any amount, however slight OVER the house consistently is better than winning big from time to time and sustaining many huge unrecoverable loses that keep you in the red. Most people don't keep track of this because they really don't want to know how bad it is. Conversely, on a double deck table under certain set house rules using just basic strategy alone the casino is supposed to have just a .5% edge over the player which should be just one dollar for every $200 bet, but they get it all, go figure. That's their 100% and when you go digging, well you get the picture, do the math.



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$1,000,000 Harrah's Millionaire Maker Blackjack Tournament Final, Caesars Palace, Las Vegas, Nevada, 08/13/06 - 08/16/06. First round Winner. (lost on the last hand of the second round by a bad beat)
    

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