Day Trip to Atlantic City

[Doofus]

Are you new to Casino Play? I was that kind of shaky playing at first, but once I got a few sessions behind me, got much more relaxed. Hate to say it, but yea ,].... casino play is the only way to get past that.

May be best to stick with BS till you're more comfortable. You don'' want to start ramping your bets to find you're off on the count. Besides, when you first push out bigger bets the nerves may get you again.

I've been playing semi-seriously for two years, but total, probably not more than 5 or 6 different gambling trips.

Oh, I definitely need to stick to BS. But as my original post says, I've been doing a lot of reading and a lot of bad practicing at counts.

Honestly, I think if I stop getting a jolt of adrenaline playing, and don't get excited at the thought of pushing chips out onto a felt, I ought to take up yet another hobby. I've already got one regular job, I don't want a second one as a player! :laugh:

 

[EasyRhino]

Note that on any slot play promotion that REQUIRES an hour worth of play, the most capital-conserving strategy would be to really micro-roll it with small as stakes as possible. Then, at the end of the hour, go nuclear with the big bets. That way you're not really required to stake any of your own additional money if you lose.

If the promo doesn't REQUIRE an hours play, then you can go nuclear right away.

A while ago Barona had a promotion where they would either double wins, or reimburse losses. In that case, going nuclear was still the best bet... you wanted to ensure that you either won or lost the max amount. (I heard busloads of people started coming in to play it. They stopped the promo).

 

[Automatic Monkey]

Why not just play your normal game of advantage BJ for 29 minutes then do whatever you're going to do with the coupon for one minute?

In Grosjean's article he's assuming we have only -EV games available to play. We're card counters, we can do our high risk parlays and whatever on +EV blackjack hands instead of roulette spins and dice rolls. That way gaming EV is added to the coupon and it can become worth more than its face value.

E.g. suppose you Wonged into a positive count with a $100 bet and attempted to win 4 consecutive hands, doubling the bet each time you won. That's $1500 (or more if you get a natural) you have the opportunity to win on your $100 loss rebate.

 

[shadroch]

But if you lost any of those four hands,you still have 28 minutes or so to play to fulfill the time requirement if its 30 minutes..
My thought is that BJ is too choppy a game for this. If you are betting $10 a hand,the chances of being up or down $100 after a half hour are slim.For this promo,the worst case scenerio is that you are even or $5 ahead.And if you are betting $10 a hand and in the last minute switch to much bigger bets,you'd better make sure the PB witnesses this in person.I just think its better to play a slot where you will have an accurate record of your real loss,not your percieved loss.Ortherwise,why not play your normal BJ game and just rathole enough chips to claim a loss.I'm guessing a lot of people have tried that one.

 

[Automatic Monkey]

But if you lost any of those four hands,you still have 28 minutes or so to play to fulfill the time requirement if its 30 minutes..
My thought is that BJ is too choppy a game for this. If you are betting $10 a hand,the chances of being up or down $100 after a half hour are slim.For this promo,the worst case scenerio is that you are even or $5 ahead.And if you are betting $10 a hand and in the last minute switch to much bigger bets,you'd better make sure the PB witnesses this in person.I just think its better to play a slot where you will have an accurate record of your real loss,not your percieved loss.Ortherwise,why not play your normal BJ game and just rathole enough chips to claim a loss.I'm guessing a lot of people have tried that one.

I think it would all depend on the details of the rebate. If they told me "Here's a $100 loss rebate coupon, use it any time you need it" I would do nothing other than play my usual BJ game. How many sessions can it take before I'm down $100?

If I had to use it that day I'd play my regular game for 28 minutes, then decide what I'm going to do. Playing a $10-$200 spread, it's real easy to be down $100 at some point.

 

[EasyRhino]

I think the point is, you'll need to pay attention to the rules. Many of these rebates don't even apply to table play at all.

 

[shadroch]

The rules,as I understand them are-You play for either an hour or a half hour( it varies from casino to casino) and they will reimburse you your losses,up to $100.

 

[Doofus]

The rules,as I understand them are-You play for either an hour or a half hour( it varies from casino to casino) and they will reimburse you your losses,up to $100.

At Bally's, it's this exactly - at least 30 minutes on your first visit, table play or machines.

 

[Mr. T]

Never like the idea of time based playing promotions.
It is a suckers play.
The casinos know if you play long enough they will get you even if it is only for half hour. You are bound to lose and they will give you some refund back when you do.
Shadroch idea of going for the jackpot sounds reasonable except that you are likely to lose much more often than just winning your bet 1 to1.
In my opinion dont go for it.

 

[mdlbj]

Well if you have some charactor and are pulling tail from a dealer, your 10 year may giver you an advantage there.

 

[Doofus]

It is a suckers play.

If I was in town to play BJ anyway, why do you view it as a suckers play for me to give some time to a place that would cover me for my first $100 in losses? I don't view that as a suckers play on my part, it's not as if I was making side bets on getting a 20, I just played the game I was there for in the first place.

 

[Automatic Monkey]

Never like the idea of time based playing promotions.
It is a suckers play.
The casinos know if you play long enough they will get you even if it is only for half hour. You are bound to lose and they will give you some refund back when you do.
Shadroch idea of going for the jackpot sounds reasonable except that you are likely to lose much more often than just winning your bet 1 to1.
In my opinion dont go for it.

If you think promotions are a sucker's play, you don't know how to play promotions. There are AP's who earn a majority of their income on promotions. For those at the red chip level in Nevada, it's the way to go.

 

[Mr. T]

First of all, Shadroch who introduce this subject recommend playing Slots and not BJ.
Second, the coupon as I understand it is for single bet only i.e. win or lose they take the coupon away so it is worth half its face value only..
Third, Automatic Monkey says "There are AP's who earn a majority of their income on promotions". What is this about earning an income when it is a partial loss rebate promotion.
Forth, these promotions are never freebies or give away. The terms and conditions of the promotions are such that they will make you stretch alot to be entitle to the promotions. You could end up several hundred $ down and feel sorry for youself.
My experience is that you be better off not to go for this type of promotions.
Dont get me wrong, I chase after bonuses and other types of promotion all the time but not this one for me.

 

[shadroch]

You just don't get it.
This is a loss rebate,not a match play. Its cash.Lose $100, in thirty minutes,get $100 back. Plain and Simple.
If you can't figure out how to exploit that,you should find someone who can.

 

[Automatic Monkey]

First of all, Shadroch who introduce this subject recommend playing Slots and not BJ.
Second, the coupon as I understand it is for single bet only i.e. win or lose they take the coupon away so it is worth half its face value only..
Third, Automatic Monkey says "There are AP's who earn a majority of their income on promotions". What is this about earning an income when it is a partial loss rebate promotion.
Forth, these promotions are never freebies or give away. The terms and conditions of the promotions are such that they will make you stretch alot to be entitle to the promotions. You could end up several hundred $ down and feel sorry for youself.
My experience is that you be better off not to go for this type of promotions.
Dont get me wrong, I chase after bonuses and other types of promotion all the time but not this one for me.

I'm a very linear thinker too, and it took me a while to figure out how you can beat a slot with a 5% house edge with that kind of promotion. The math is actually quite simple and we don't all like to talk about it in detail on an open forum.

Think of it this way: you're flipping a coin with a guy for $10 a shot, and a casino manager comes up to you and says "I'll give you 10% back of whatever you lose on one flip." Win the flip, win $10, lose the flip lose $9. Or, I could go to another guy who is willing to flip for $1000. But if I flip with the $10 guy 100 times, that's not the same thing, because I'm only getting the rebate on one flip. So the way you make an income this way is take one $1000 flip, and go down the street and find another casino manager. Make more sense now?

 

[Mr. T]

O.K, it is 100% face value and not 50%.
There is no downside to this promotion? Is this your contention. Free money?
Good Luck to you.

 

[Mr. T]

Casino giving out free money?, Shadroch

You just don't get it.
This is a loss rebate,not a match play. Its cash.Lose $100, in thirty minutes,get $100 back. Plain and Simple.
If you can't figure out how to exploit that,you should find someone who can.

Is that what you are saying.
Just sit and/or play the minimun at the Slots and in the thirth minute, play the maximun of your remaining $100 and go for the jackpot play. If you lose the casino will refund you your $100 and if you win you stand to collect thousands of $ as you said.
Dont have to be a genius to figure this out or go hush hush on this.
Any 10 year old boy can figure this out and waitng for his turn to play the Slots and get free money from the casino.

 

[shadroch]

It appears you've finally figured out the first half of the formula.Now think hard on how you can really exploit it.As you said,any ten year old boy can do it,so I assume you can as well.
Of course,over here we have a TV show that has adults compete with 5th grade students on a variety of school subjects.Guess which side tends to win.

 

[Mr. T]

It appears you've finally figured out the first half of the formula.Now think hard on how you can really exploit it.As you said,any ten year old boy can do it,so I assume you can as well.
Of course,over here we have a TV show that has adults compete with 5th grade students on a variety of school subjects.Guess which side tends to win.

Shadroch, so you are actually saying the casino is giving out free money.

Either the casino is crazy or you are.

I have nothing more to say

 

[shadroch]

I have nothing more to say[/QUOTE]

Promise?