Hi Lo

Kasi said:
It is amazing that 99% of gamblers have no idea what they are doing.

How many of those do u think believe they know exactly what they r doing all the time?

Knowing everything, as it seems u do, how do such persons ever figure out they don't know everything?

For a silent guy, u sure do spout alot lol.
i seem to piss you off kasi, thats hilarious, keep the insults coming.. your insulting the person im talking to by insulting me btw, because you are telling them they cant stand up for themselves, and i didnt attack him, i just said he copy pasted, and so what if he did? it doesnt matter where the info came from, its still info.. the reason i said that is because som1 said something like "wow thats a lot you typed out".. and if im wrong, so what? funny how ppl get so mad.. i will change my quote since it encourages ppl to act 13 and insult me.. you take it the wrong way, because you want to fight.. when i say that, im saying i cant believe that so many ppl havent read 1 sentence how how to play blackjack and have played for 10 years and think they know what they are doing (and i bet u also think im referring to ppl on this site, which i am NOT).. as far as knowing exactly how much money i will lose per hour in the long run, yes i know what im doing, and yes id say half of those 99% think they know what they are doing when they say something retarded like "u must watch for streaks, thats how u win", and how you could offer a 5% house edge blackjack game, and some ppl wud still play it.. btw, ever heard of kevin smith? im not a silent guy named bob, he is a character
 
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Kasi

Well-Known Member
SilentBob420BMFJ said:
i seem to piss you off kasi,
No, not really. I'd say amused would be a better word.

The implication of saying that he copied and pasted it seemed to me to be that u thought he was incapable of understanding what was written, especially given ur earlier absolute advice of "don't gamble - ur an idiot" advice.

It sure seems like u think people on this site don't know what they are doing despite ur statement to the contrary. Otherwise, why bother telling us all this stuff that supposedly we already know?

Tell me/us what it is, if anything, u have learned here that u did not know before?

Do u see anything at all wrong with the statement

"as far as knowing exactly how much money i will lose per hour in the long run, yes i know what im doing,"?

So, have u figured out exactly when u will go broke?

Who is SilentBob anyway - didn't know he was a character.

Anyway, post away. I'll tell u what I think and u take it from there.

And, if u feel I insulted u, my apologies. But I still think u spout alot :)
 
sagefr0g said:
lol, no truly i typed my little heart out.
i wasnt insulting you btw, its not like copied info is less valuable.. ya, i type a real lot too, so i believe it.. besides ive seen some of your other posts
 

Kasi

Well-Known Member
SilentBob420BMFJ said:
i seem to piss you off kasi,
No, not really. I'd say amused would be a better word.

The implication of saying that he copied and pasted it seemed to me to be that u thought he was incapable of understanding what was written, especially given ur earlier absolute advice of "don't gamble - ur an idiot" advice.

It sure seems like u think people on this site don't know what they are doing despite ur statement to the contrary. Otherwise, why bother telling us all this stuff that supposedly we already know?

Tell me/us what it is, if anything, u have learned here that u did not know before?

Do u see anything at all wrong with the statement

"as far as knowing exactly how much money i will lose per hour in the long run, yes i know what im doing,"?

So, have u figured out exactly when u will go broke?

Who is SilentBob anyway - didn't know he was a character.

Anyway, post away. I'll tell u what I think and u take it from there.

And, if u feel I insulted u, my apologies. But I still think u spout alot :)
 

Sonny

Well-Known Member
Tom007 said:
Hey QFit, I have been using Hi/LO at a 6d game with poor rules but 75-80% pen and been ramping my bets like this.

tc 0=1unit
tc 1=2 units
tc 2=4 units
tc 3=6 units
tc 4=8 units
tc 5=14 units
That spread looks good for a standard shoe game. If the rules are pretty bad then you might not have an advantage until a +2 TC. In that case you might want to wait until +2 to raise your bets. Maybe something like this:

tc 0=1unit
tc 1=1 unit
tc 2=2 units
tc 3=4 units
tc 4=8 units
tc 5=14 units

-Sonny-
 

mdlbj

Well-Known Member
Sonny said:
That spread looks good for a standard shoe game. If the rules are pretty bad then you might not have an advantage until a +2 TC. In that case you might want to wait until +2 to raise your bets. Maybe something like this:

tc 0=1unit
tc 1=1 unit
tc 2=2 units
tc 3=4 units
tc 4=8 units
tc 5=14 units

-Sonny-

Question for Bojack1, you know my methodology of playing. Why am I looking at this and scratching my head? Im trying not to second guess myself.
 

Bojack1

Well-Known Member
mdlbj said:
Question for Bojack1, you know my methodology of playing. Why am I looking at this and scratching my head? Im trying not to second guess myself.
This differs from your play I believe because you hopefully don't play bad games, you're betting way below your unit during times of disadvantage or fairly neutral counts, giving you a huge spread without having to lay out that many units at a TC of 5. And correct me if I'm wrong, you are using team play so there is no need for a drastic spread during positive counts for the BP due to the huge spread available to you due to the using of flat betting minimum/ backcounting spotters.
 

EasyRhino

Well-Known Member
Sonny said:
tc 0=1unit
tc 1=1 unit
tc 2=2 units
tc 3=4 units
tc 4=8 units
tc 5=14 units
I don't know mdlbj's style of play, but one disadvantage of this system appears to be that the betting ramp probably isn't proportional with the advantage.

Assuming that a full 1% advantage is gained at a TC of +3, then maybe something like:

TC <=1 = no play
TC +2 = 0.5X% of bank
TC +3 = 1X% of bank
TC+4 = 1.5X% of bank
TC+5 = 2X% of bank

Would that be reasonable? Course, it's only a 4x spread and relies on serious wonging.
 
QFIT said:
Use the calculator at http://www.card-counting.com/cvcxonlineviewer.htm with password 100. It will provide the actual optimal bets instead of an estimate. They are quite different.
ive heard about that password 100 thing many times, and it doesnt work, i still get 90% of the fields blank (-).. also, ive typed in different wonging amounts, and nothing happens.. i dont understand how the RoR field works, because wouldnt the other values decide that? i dunno, all these calculators are confusing to me, because i cant put a value in for all the fields, as i dont know what to put.. i need some good programs and calculators tho, thats for sure
 
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mdlbj

Well-Known Member
Bojack1 said:
This differs from your play I believe because you hopefully don't play bad games, you're betting way below your unit during times of disadvantage or fairly neutral counts, giving you a huge spread without having to lay out that many units at a TC of 5. And correct me if I'm wrong, you are using team play so there is no need for a drastic spread during positive counts for the BP due to the huge spread available to you due to the using of flat betting minimum/ backcounting spotters.
You are correct. EasyRhino sums it up nicely about betting according to your advantage. It will be interesting how Norm will incorporate this into the piece of software he is developing for BJI. From my understanding, he has somewhat of a disagreement with their methodology of how to ramp ones bet.
 
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RJT

Well-Known Member
mdlbj said:
You are correct. EasyRhino sums it up nicely about betting according to your advantage. It will be interesting how Norm will incorporate this into the piece of software he is developing for BJI. From my understanding, he has somewhat of a disagreement with their methodology of how to ramp ones bet.
As far as i'm aware Norm and BJI have shelved their project for the moment to work on other more pressing matters.
It's not so much a disagreement of methodologies, BJI advise one thing as it is easy to calculate and you don't need a simulator to do it. Norm's assessment of bet ramps is as correct as correct can be, and the MIT teams themselves would have run sims on the situations they were playing in beforehand to find what the best bet ramp would have been - not used the simplified versions that a beginner would use.

RJT.
 

Sonny

Well-Known Member
SilentBob420BMFJ said:
ive heard about that password 100 thing many times, and it doesnt work, i still get 90% of the fields blank (-).
Unfortunately that password was only good for 2006. Now only people who own his software can get a password. The 100 password was just a temporary promotion for last year.

-Sonny-
 

Kasi

Well-Known Member
EasyRhino said:
I don't know mdlbj's style of play, but one disadvantage of this system appears to be that the betting ramp probably isn't proportional with the advantage.

Assuming that a full 1% advantage is gained at a TC of +3, then maybe something like:

TC <=1 = no play
TC +2 = 0.5X% of bank
TC +3 = 1X% of bank
TC+4 = 1.5X% of bank
TC+5 = 2X% of bank

Would that be reasonable? Course, it's only a 4x spread and relies on serious wonging.
I've always thought betting one's advantage * bankroll would give rise to a ROR greater than Kelly.

Just a general observation.
 

EasyRhino

Well-Known Member
The "X" in my ghetto formulas represented the desired fraction of bankroll you felt like betting. So you might only bet 1/4 of 1% of bankroll at a 1% advantage. I was just trying to imply a directly proportional relationship between advantage and amount bet.
 

mdlbj

Well-Known Member
Kasi said:
I've always thought betting one's advantage * bankroll would give rise to a ROR greater than Kelly.

Just a general observation.
They way BJI lays it out, you at most Kasi, have a 13% chance of loosing half of your bankroll.

Now the worst part of blackjack for me is the math. Not at the table but the type of stuff one would read in Blackjack Attack. I absolutely could care less about the math behind what I am doing and at the same time, I think people put to much time into that rather than putting time in to playing the strongest game they can. Sure delving into the guts behind application could be good but, it takes time. Knowing what the percentage of a certain play is useless, knowing what to do with the cards on the table is priceless.

Looking at the Betting schema, I was not under the impression that what BJI has to offer would be at a beginner level at all RJT. I think it is one of the best possible ways to play. Not only in the sense that it minimizes ROR almost to nil, it also keep ones playing life alive for a long time. I understand that they did use their calcs for certain games yet the fundamentals remained the same. They did however change the size of the betting unit according to the bankroll size.

I would not argue with Norm at all, he hands down does some awesome stuff with his software. With team play and a large bankroll, one tends to try to protect them selfs with smaller spreads and a more conservative bet ramp. I'm not to sure how you and Bojack were doing it yet, Im sure it was right for the time and place. I guess I'm a bit apprehensive and paranoid when it come to placing out so much so fast.

Peace.
 

Kasi

Well-Known Member
EasyRhino said:
The "X" in my ghetto formulas represented the desired fraction of bankroll you felt like betting. So you might only bet 1/4 of 1% of bankroll at a 1% advantage. I was just trying to imply a directly proportional relationship between advantage and amount bet.
Right. I understood that.

It's just that sometimes I think alot of people assume, and I'm going to assume here for a second that they know for an absolute fact their advantage is 2% and their bankroll is $10K, that $200 would be their optimal bet for that hand.

Whereas I think their optimal bet would be more like $150-$155 after dividing by the variance.

Nothing wrong with it, just a higher ROR than Kelly.
 

Kasi

Well-Known Member
mdlbj said:
They way BJI lays it out, you at most Kasi, have a 13% chance of loosing half of your bankroll.
Actually, I think, taking the square root of your original risk would be the chances of halving your original bankroll.

So much greater than 13% using Kelly.

So it might be nice to know if one is playing at only a 9% ROR, that one still has a 30% chance of halving your original bankroll.

Higher than you thought, huh? :)
 
mdlbj said:
They way BJI lays it out, you at most Kasi, have a 13% chance of loosing half of your bankroll.

Now the worst part of blackjack for me is the math. Not at the table but the type of stuff one would read in Blackjack Attack. I absolutely could care less about the math behind what I am doing and at the same time, I think people put to much time into that rather than putting time in to playing the strongest game they can. Sure delving into the guts behind application could be good but, it takes time. Knowing what the percentage of a certain play is useless, knowing what to do with the cards on the table is priceless.

Peace.
i disagree, because think about this.. if you lost over 50% of your bankroll, and then later found out it wasnt due to extremely bad luck, how would you feel? that is the one reason i wont spread, because i have to be 100% sure that the money i have (less than $2000), is enuf.. i think too many card counters learn a system and jump in and follow it just like it is in the book, and then they lose all their money due to variance, or they get lucky, double their bankroll, start betting more cuz they think the system is awsome, then they still lose it all.. i have read this is very common, and if i ever start seriously doing this (imo, making more than $5/hr), i want to know the exact reasons i lost all my money, or put another way, i want to be sure it was due to hitting that 5% RoR.. i cant calculate my RoR because i dont know all the variables it requires, which sucks
 

Kasi

Well-Known Member
SilentBob420BMFJ said:
i have to be 100% sure that the money i have (less than $2000), is enuf.. i ...i want to know the exact reasons i lost all my money, or put another way, i want to be sure it was due to hitting that 5% RoR.. i cant calculate my RoR because i dont know all the variables it requires, which sucks
I'm sure you know there is no such thing as certainty in not losing a bankroll lol.

At least make an effort in calculating risk given how you play what.

At least make a range so you have a general idea. Take worst case and best case and see where you are.

Give me/yourself a game, how u play it, total units in roll, assuming how long you might be playing it, etc.

In other words, what do you think is your lifetime ROR? And why?
 
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