Bank Roll Question

[longwolf]

I've been seriously studying BJ for years and feel more than ready to try my hand at it.
But my problem has always been coming up with the bank roll.

I've calculated the bank roll I need at about $7500 for about a 15% ROR.
Which is much more than I'd risk at one playing session (mostly because I plan on 45 min sessions).

Now if I split the $7500 into three session banks of $2500 that would give about a 45% ROR to each.
I could raise the $2500 much easier and, with a little luck, might win the rest of my preferred bank.

If I lost the $2500, I'd just have to wait till I could save the next 'session' bank.

So how would this be any different from starting with a $7500 bank, except that it might be much longer between my playing sessions?

 

[EasyRhino]

No particular difference. From a theoretical standpoint, you could think of your bankroll as everything that you're willing to dedicate to play over the rest of your life, regardless of what you have available at the moment.

The only place where the trip bankroll becomes really important is two places:

1) It may cut trips shorter than planned
2) In super-extreme situations where the trip bankroll is extremely small relative to total bankroll (like, total bankroll is $100,000, trip bankroll is $1000), then you may have a case where the trip bankroll isn't even big enough to accomodate a big bet or two.

 

[longwolf]

I get your point.
Ideally I'd like to walk away anytime the session bank roll fell below 4 double downs of my max bet.
Rare, but it did happen to me the only time I've made it to a casino and I've done it many times with the half dozen BJ games I have on my computer.

 

[longwolf]

Another Q,

I'll be aiming to build an optimal bank roll.
But based on the idea in the 1st post, what's the highest session bank ROR you'ld go for?
49, 45, less?

 

[toastblows]

You can set your goal to whatever you want.

Realistically 45% is higher than i expect. In the long run the house will win unless you employ BS, counting, advanced strategies, etc, and face it, even all of that is not a guarentee you are going to win. There are extreme wins and losses outside the deviation of the house advantage as well as AP advantage. Keep other factors in mind while deciding what your RoR goal is for "x session". If you are experiencing heat, RoR should be whatever you feel you can get without a booting for example. If your goal is 45% and you are at 35% and the PB is all over you, leave. If you are tired , same thing, take a break whether you are up or down. And make a stop loss, you indicate $2500 a session. That is important. When you get into the swings where it seems no matter what you do, you are losing a lot more than winning, stop. The game is not a perfect science, otherwise there would always be a clear winner...so read the advice a lot of wise people have posted on this board and make your own decisions based on the info. Then hopefully...youll break the casinos bank...:cool2:

 

[longwolf]

You can set your goal to whatever you want.

Realistically 45% is higher than i expect. In the long run the house will win unless you employ BS, counting, advanced strategies, etc, and face it, even all of that is not a guarentee you are going to win. :cool2:

Well, I'd hope to find a 2D game with late surrender (there were a few in NM a while back)
Then I'd try to play 2 hands at a time using BS with the RPC, Fab4, Illustrious 18 and a few extra indexes thrown in (all of which I can do in my sleep).
I'm using my own betting ramp loosely based on Kelly.

I have a BJ simulator that I wrote myself.
At a $1200 Stop-loss with a $200 Stop Win, 75 hand max session gives me an average of 30 mins per session.
Like I said, I've studied

You can set your goal to whatever you want.

There are extreme wins and losses outside the deviation of the house advantage as well as AP advantage. Keep other factors in mind while deciding what your RoR goal is for "x session". If you are experiencing heat, RoR should be whatever you feel you can get without a booting for example. If your goal is 45% and you are at 35% and the PB is all over you, leave. If you are tired , same thing, take a break whether you are up or down. And make a stop loss, you indicate $2500 a session. That is important. When you get into the swings where it seems no matter what you do, you are losing a lot more than winning, stop. The game is not a perfect science, otherwise there would always be a clear winner...so read the advice a lot of wise people have posted on this board and make your own decisions based on the info. Then hopefully...youll break the casinos bank...
:cool2:

Oh I know it.
I've seen winning systems run in the red on my simulator for 25,000 hands before turning around.
But I've also seen them doing 5 * EV for about the same period.

I'm just trying to figure out the smallest bank I can start with and at least have a shot and then hope I start during some neutral or positive variance.

I've spent too many years on the bench, I want in the game!