The object is to have a hand with a total value higher than the dealer's without going over 21. Kings, Queens, Jacks and Tens are worth a value of 10. An Ace has the value of 1 or 11. The remaining cards are counted at face value.

A basic betting strategy is simply to double the bet after losing a hand, also known as the Martingale system. This can go for multiple hands in a row until you win at blackjack. Then, you reset the bet to the starting value. That one bet will cover your previous losses and even provide a profit.

But the minimum and max wager are always posted on a placard on the table. Usually in blackjack that card is near the discard rack. Most high limit tables the max is 50 to 100 times the minimum. So usually in the range of 5000- 10000 dollars.

First and foremost, they protect the casinos from paying out unsustainable winnings. Secondly, they help operators to abide by fast-emerging Responsible Gambling initiatives designed to protect and safeguard vulnerable customers. Table limits are great as they help you know where you stand before you begin.