The money management in blackjack is a method of betting that minimizes losses and maximizes gains. The game of Blackjack brings with it the risk of losing. The advantage that the casino has a counter is low and monetary fluctuations on the player’s availability can occur with frightening speed. Appropriate management of its funds is indeed necessary in all aspects of the game in order to obtain the best chance of achieving the elusive “long term”.
Some of you will begin your career as a card counter with a big win and never look back. Some of you, however, begin with a loss and will need more hours of play before seeing a win, this is the reality of things. What I teach in the next four or five lessons will be surviving the game until your benefit, the long term, materializes and has its benefits.