robbie380 said:
yes but only if you play it like a casino
exactly. apparently Thorpe applies principles with hedge funds in such a way to have an edge in ways similar too how edges are achieved with advantage play over a casino. how he goes about i haven't the foggiest but he did manage to get rich.
robbie380 said:
i thought that would sound funny to yall when i wrote it, but it's true. i've only had 20 losing days this year (just throwing that out there for anyone who thinks trading is a casino). i don't kill it everyday like some of the other guys at my office but i'm comfortable. you just have to find a consistent edge and minimize risk. i like how i make it sound easy with that generic line lol.
well that sounds like what we try to do with advantage play. the gamble however is still there as long as the word risk is meaningful.
robbie380 said:
anyhow, i am trying to learn to count down decks. it's hard to do it fast without mistakes, but then again i've only been doing it for a couple days. also, i bought a book by arnold snyder called blackbelt in blackjack. it looked solid compared to the other books that were there and i heard it was a good book to look at.
some people pick up counting quickly others not. i was one of the not so quick. i'm familiar with Blackbelt In Blackjack but not very conversant with respect to it. it kind of specializes in methods that seem less fundamental to me. i shoot for having a more generic fundamental understanding of advantage play. unfortunately i don't know of a really simple book that can provide you with that. John May's Get the Edge in Blackjack comes closest that i know of. problem with his book is that it is so concise that as your reading it if you blink you may miss an important point. you might consider the ace/ten front count described by Fred Renzy in Blackjack Bluebook II .it is a very simple count that can afford you a small edge when used in conjuntion with basic strategy and a few basic strategy departures. i can provide you with a link about it if you like.
robbie380 said:
a question for the good counters...how much do distractions effect you? do become good enough that it becomes like counting from 1 to 10 and you don't even have to think? i figure i will be dealing with ample distractions in the casino and last night when i was practicing while my gf was watching a movie i noticed i was much worse. i should probably get good in isolation first and then deal with distractions later.
distractions are a problem for me, simply because i'm the type that is easily distracted but you can train your self to overcome them. my biggest distraction is when the adrenilan gets to flowing when a big bet is out in a high count. for some reason that is when i usually lose the count.
it probably would be best to gain some proficiency in isolation at first.
try counting the cards three differant ways in your practice sessions.
1. flip the cards one at a time and maintain the running count.
2. flip the cards two at a time and maintain the running count.
3. fan the whole deck out on a table and count up the running count.
robbie380 said:
also, i do know i will lose in the long run with only basic strategy, but it is the quickest fix i have and i give myself a better chance of losing less money or getting lucky and making money.
right. you may really want to consider the ace/ten front count. but i warn you the results can be quite volatile.
best regards,
mr fr0g