First Losing Session.

Mikeaber

Well-Known Member
All I can reply with is that you have spent (assumedly) a whole lot of time learning advantage play. If you have the bankroll with you, it just doesn't make sense to leave a table when the odds are in your favor. You are not playing on "luck", you are playing on percentages and probabilities. If the deck's count is favorable to you, it just doesn't "compute" to walk away from it because you've lost a few hands. It happens. I mean, a positive count is not a guarantee that you're going to win. However, that is what you've been counting and hoping for!

Now, if your BR has "gone south" and you don't have enough to play, that's a different story. Or if you've reach a time limit which you've arbitrarily set to avoid notice from the pit, then I'd be all for leaving after the conditions changed (either count goes negative or you end the shoe.)

It happened to me on my last trip. I had played 6 or 7 shoes on a very low limit table. Basically, it was a practice session for me. No heat. I had done pretty well and was ahead 12 or 13 units. Then we started a shoe with just me and one other guy left at the table. In the first 3 or 4 hands, the count went from the IRC of -20 to a -32. We hadn't even reached 1 deck in play on a 6-deck game. It was about time for me to leave and that seemed a good time to get out of Dodge. I colored up and the other guy did the same after three or four more hands. He was losing everything he bet. I kept count and when he finally left (after losing his stack) it was at -24. At this casino, the table just freezes...no reshuffle. Eventually, a couple of avid morons sat down and lost 8 or 9 hands to the dealer and left. There were only three decks in play at that time and the count was still -13. A "regular" came in and went heads up against the dealer with maximum bets out ($25). He went through $200 in almost straight hands. It was unbelievable. If he had a 20, the dealer would either push or draw out on him! However, as he went through that $200, the count finally climbed to -2 and then on up to +7. I watched 3 hands in a row where he drew a 13 or 14 on the first two cards and the dealer had a pair of faces. Still he was losing almost every hand. I wanted so bad to jump in but my wife was pulling on my sleeve to leave by that time. Point is, he was losing just as much with the high count as with the low count. Of course, had he known what I knew, he wouldn't have jumpped in with those kinds of bets when he did. But, I'd have loved to have bought more chips and pounded that +7 count! The advantage was his, but it just wasn't working. It happens and you have to be ready for it and determine how you are going to deal with it. Leave? Maybe. Get mad. Probably. Accept it? You have to! It's part of what we do.
 

Mackhack

Well-Known Member
Mikeaber said:
All I can reply with is that you have spent (assumedly) a whole lot of time learning advantage play.
You assume right :D and I do that for 3 years now relativly successful.

Mikeaber said:
If you have the bankroll with you, it just doesn't make sense to leave a table when the odds are in your favor. You are not playing on "luck", you are playing on percentages and probabilities.
I usually do have the right BR with me, it was just one of those days where we decided to go right after work when not to many people are there and you have a good change to play heads-on! I do know that I don't play on luck but on math. percentages and probabilities. That's why I learned counting myself! :D

Mikeaber said:
If the deck's count is favorable to you, it just doesn't "compute" to walk away from it because you've lost a few hands. It happens. I mean, a positive count is not a guarantee that you're going to win. However, that is what you've been counting and hoping for!
I do know that and that is I guess what a lot of people don't understand that counting gives you an edge over the house but there is still no guarantee to win those hands - even if we wish though.
 

ScottH

Well-Known Member
Mackhack said:
I doubt this statement. When I lose right now, and I leave, why should I keep losing next time? The cards are not in the same order, different people play different, different amount of people are at the table = new conditions.
He isn't saying that you will keep losing. Let's say you have lost money on the last 6 shoes, leaving won't make the next shoe you play any better. So it doesn't matter if you stay there and play the 7th shoe, or if you take the day off and play the 7th shoe the next day.

The point he was trying to make is, if you're playing a good game, it doesn't make sense to quit while up or down because the more you play the more you expect to make. That doesn't mean that win/loss limits are bad though, many advantage players use them.
 

blackchipjim

Well-Known Member
money management?

Evening gentleman, at the risk of sounding like a smarty pants, I couldn't help but think of one of the most effective ways of profit in bj. By no means does it gaurantee any consistent wins but it does minimizes losses. I by no means am any type of expert in the game but have been trying to practice counting on a regular basis. I have found that seperating my bankroll and applying certain parameters to my sessions my wins and losses are not great but not bad either.Part of being a good advantage player is effective money managment please bear in mind this just my own oppinion.The pros have a much larger bankroll and can stand the wild swings that go hand in hand with the game.. yours. blackchipjim:devil:
 

zengrifter

Banned
blackchipjim said:
Evening gentleman, at the risk of sounding like a smarty pants, I couldn't help but think of one of the most effective ways of profit in bj. By no means does it gaurantee any consistent wins but it does minimizes losses. I by no means am any type of expert in the game but have been trying to practice counting on a regular basis. I have found that seperating my bankroll and applying certain parameters to my sessions my wins and losses are not great but not bad either.Part of being a good advantage player is effective money managment please bear in mind this just my own oppinion.The pros have a much larger bankroll and can stand the wild swings that go hand in hand with the game.. yours. blackchipjim:devil:
Keeping sessions short with 'stop-win' and 'stop-loss' parameters does not prevent wild swings. zg
 

Mackhack

Well-Known Member
How about this... Just a thought which came in my mind yesterday... Nothing new but it is a sho worth...

2 people. One sits down and plays minimum. The other guy stands behind his friend and has some higher denomination chips(green for instance) in his hand or pockets. He is back counting. When the count is good to bet higher, he gives his sitting friend some green chips (has to look like he doesn't have the guts to play or is afraid or doesn't know how BJ works) and tells his friend to bet his green chips with his red ones.

Do you think they would kick us out soon?
 

SystemsTrader

Well-Known Member
Mackhack said:
How about this... Just a thought which came in my mind yesterday... Nothing new but it is a sho worth...

2 people. One sits down and plays minimum. The other guy stands behind his friend and has some higher denomination chips(green for instance) in his hand or pockets. He is back counting. When the count is good to bet higher, he gives his sitting friend some green chips (has to look like he doesn't have the guts to play or is afraid or doesn't know how BJ works) and tells his friend to bet his green chips with his red ones.

Do you think they would kick us out soon?
No I do this all the time. Sometimes my ploppy friends come along to the casino with me. I get them to sit at a busy table with no open seats and when the count is in my favour I give them chips to add to the pile. I have yet to run into a problem doing this. Its even better than running around backcounting tables, it's less obvious. Then if you see a seat about to open up, wander over to the next table wait until someone fills the seat then walk back over to where your buddy is playing and start counting again!
 
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