loss

hammer

Well-Known Member
The point is how much to we lose before enough is enough
and when its going strong how much for the take
or simply leave it to the cards like the Mayor says.

many go for % takes and % losses
many have stop losses

other ideas.....?
 

Rob McGarvey

Well-Known Member
If you are playing BJ properly, ie good games, basic startegy, indice variations, bet per TC, you should consider using a kelly betting format. We always use 10K since it makes the concept simple to explain. Break this roll into 10 mini banks. Go play and lose 1K. Next time out you have 10 $900 mini banks. Win a few times and you may have 12K, then your mini bank is $1200. You will never go broke playing like this, and you can play one two or three sessions a day if you wish, but I would clear my head after a lose OR a big win. Both can do damage to your nerves of hard cold steel. Sharks eye me lads!
 

The Mayor

Well-Known Member
Play while you have energy, adequate bankroll in your pocket, a good game, and the heat is low.

Leave after a quick, large, win that will get you noticed.
Leave when you get tired.
Leave if your bankroll in your pocket is so low that you can't double/split.
Leave if you feel heat.
Leave if conditions at the table deteriorate.
Leave after 1.5 hours (or less) in any event.

Stop losses, %'s, have nothing to do with advantage play.

--Mayor
 

steve

Active Member
why does (if it does) mood affect play?

Hi Friends,
I thought this was appropriate for a thread about losses. Why does mood affect play? Does it really, or do we just remember the events better? I have the idea that when I am happy go lucky, and just "fooling around" that I win a lot, and if I am being studious, overly serious, and "worried" about whether I win or not, I lose. I haven't kept any statistics on this to see if it is true or not. Perhaps it isn't that my play is all that different, but I just remember the event better. I think if I play while "happy go lucky" if I do lose I just shrug it off and go find something else fun to do so I don't "remember" the loss, and if I win, I was "up" so the memory is reinforced. On the other hand, if I am "down" and I win, I have the Eyeore (spelling?) response, "oh well, at least I didn't lose", and if I lose, the memory is reinforced because I was down, "see, I knew I shouldn't play when I am down".

I don't know if it is the memory thing or not, but I asked several Yoga teachers I know for exercises to do to "raise" energy levels, it seems that doing these exercises, thus elevating mood, makes a difference.

The worst outing I ever had was my first outing after I decided to give up my day job, I got completely hammered, but my friends all told me before I went, "you shouldn't go right now, you are too worried about losing". I'm not sure if there is any credence to this or not.

What is your experience? Does your mood affect your play? If so, why do you think that is? Could it be that when you are "down" you make too many mistakes? Or does mood just make us remember the events more clearly?

Regards,
Steve
 

Rob McGarvey

Well-Known Member
Re: why does (if it does) mood affect play?

"As a man thinketh, in his heart, so he becomes." Think about that! ;>
 
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