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It's all just a matter of degree really. Play with a billion unit roll and you can't go broke in a billion hands and it doesn't matter how much money or time casinos have. Assuming you always bet the same reasonable way with a +EV.InPlay said:
Then again, even a neg flat-betting EV BS player would have 0 liklihood of losing a billion unit roll in a billion hands lol.
But isn't it great one always could know the liklihood of whatever happening lol?
Heck, I'm mostly a neg EV player and I've never even lost an entire trip roll or anything close to it lol.InPlay said:
But I bring alot of units lol for what I expect so I already know I can't lose it all when I leave my house.
Are you talking about losing/replenishing a trip roll or the lifetime roll your betting to and trip roll is based on?
Kasi said:
Lifetime bankroll. Say you started with $50,000 and just used that for gambling (AP). I guess playing those billion hands on the computer is different then the real world. You are only a mouse click away from replishing your bankroll if you go bust. That can also be said in the real world also ATM card, cash advance, credit card.
The problem is, it doesn't matter what most answer with, because if it doesn't fall within ones experience it will be thought of as another internet lie. I'm sure many have tapped out their bankrolls. I'm also sure many play with a higher risk of ruin then I would even consider. Its been my experience that most supposed Ap's that play this game play it as if they should win every time out, usually meaning playing underfunded only to be replenished later after they get bombed out. There's nothing wrong with that, as long as you know your risk and are not surprised by the consequences of it.InPlay said:
I have never even come close to tapping out my bankroll, and I never will. Its totally possible to play with this confidence if you are properly funded. Strange things can happen, but with good money management, and skills, tapping out a full bankroll shoudn't happen. A trip bankroll, sometimes. The whole thing, never, unless you play with a high enough ROR that you expect it and can replenish it easily. The truth is most play with an uneeded sense of urgency to get to the casino, thus playing with what they've got instead of what they need. That leads to the stats of which you feel make up a lot of AP's. So what, the idea is play right and play long, anything else, is just a matter of you reaping what you sow.
i think he just means proper BR size for whatever level of play and bets you plan to use to bring ROR down to something acceptable for a full time person, like maybe 1% total ROR and maybe 5%-10% trip ROR. you dont need an investor or banker to be "properly funded" you just need to size your own bets and play appropriately.InPlay said:
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Bojack1 said:
rukus said:
Hope you spend some time to figure out what those "real world" players above are trying to tell you. Worth its weight in gold.InPlay said:
Which, basically is, you could bet your $50,000 lifetime roll in some games and have 1 chance in millions to lose it all if you wanted. And you might only need 500 units. That's a lot less than a billion btw. You could bet a $10,000 roll and have same odds in the same game if you changed your $unit from $100 to $20.
What lifetime ROR is a real world player like you comfortable playing to?
Not that that win goal above has anything to do with ROR as you could play for that EV at high risk or low risk. With $50K lots of games could have an EV of $15-$20/hr with very very low risk of losing original $50K.InPlay said:
It could be so low you'd never experience the thrill of the hunt or of killing or being killed again lol. Could you live with that
?YEP !Kasi said:Not that that win goal above has anything to do with ROR as you could play for that EV at high risk or low risk. With $50K lots of games could have an EV of $15-$20/hr with very very low risk of losing original $50K.
It could be so low you'd never experience the thrill of the hunt or of killing or being killed again lol. Could you live with that
LOL - well then proceed accordingly.InPlay said:YEP !
Pretty much means run a bunch of sims for your games under various conditions likely to be encountered. Then do it every time for that game.
I give you an hour before you make a bigger bet than intended in some astronomical count
If you want to just experience betting like a good little robot to a simmed plan, maybe how hard it is to actually do that, post some hands in the BJinfoteamthread from time to time. ROR over there is 1.4% lol with a 4000 unit roll lol. And you'll know how your "luck" is at any point in time. Just a warning though - you'll likely be bored out of your mind with no spreading, no huge bets from time to time etc. That's OK. One shoe at a time whenever if you feel like it.
Kasi said:LOL - well then proceed accordingly.
I give you an hour before you make a bigger bet than intended in some astronomical count
QUOTE]
Could be less then an hour you forget I am a gambler also. I have been doing this thing (gambling) for a long time and still around and not tapped out.
