Moving up on the bet size

Dopple

Well-Known Member
Any recommendations for those moving into larger betting scenarios. What are some of the pitfalls others have run into?

One thing that was always a problem for me is after say a $500 winning night I would blow half of it on frivolities and then a downturn would come.
 

sagefr0g

Well-Known Member
Dopple said:
Any recommendations for those moving into larger betting scenarios. What are some of the pitfalls others have run into?

One thing that was always a problem for me is after say a $500 winning night I would blow half of it on frivolities and then a downturn would come.
definately no recommendations here. but as far as pitfalls moving into a larger betting scenario yeah i ran into that. went from a 1-8 bet spread to a 1-10. just when i did that i hit a losing streak to where i lost one seventh of my bankroll.
 

Kasi

Well-Known Member
Dopple said:
One thing that was always a problem for me is after say a $500 winning night I would blow half of it on frivolities and then a downturn would come.
I don't see how you spend your money effects your BJ results. Whether you blow it or not, you won $500 playing BJ and that's what you write down in the log you're about to begin lol. Along with all the other pertinent info lol.

I assume whether you win or lose a session, you're still playing to same original roll to same game in same way.

Ever try to measure how lucky those $500 nights are? Or the downturns that follow? Of course both will occur - it can't be otherwise. In other words, more specifically, what do you think your EV and stan dev are for the particular game you were playing? Or what they are for each different game you play. Without knowing that, I'm not saying exactly but at least an idea, a range, one may tend to curse one's horrible "bad luck" while attributing wins to "that's what's supposed to happen" while both may actually be very common and to be expected.

If you haven't already, what is your reluctance, reasoning, whatever, maybe wrong words, why you don't blow on some of those $500 nights a hundred or so on a frivolity like a sim? Or take some time to download a free one and learn how to use it?

Mostly just being a Mother Hen here, fearing the worst as always from a very fuzzy idea of how I think you play, so don't get mad lol.

Long way of answering your question that sounds like you maybe mean pitfalls unrelated to roll and spread etc. First make sure your solid on the new game on the basics.
 

Sonny

Well-Known Member
Kasi said:
I don't see how you spend your money effects your BJ results.
If you don't reinvest those winning back into your bankroll then your RoR increases. If you always spend your winnings (or a portion of them) then every losing session will grind you down but the winning sessions will not build you back up. It doesn't directly affect your results at the tables, but it might eventually affect your ability to play.

-Sonny-
 

Sonny

Well-Known Member
Dopple said:
Any recommendations for those moving into larger betting scenarios. What are some of the pitfalls others have run into?
Moving up to a higher unit size often requires a new game plan to avoid heat. While a 1-20 spread in red chips might be tolerated at a particular casino, you might get into trouble if you try it with greens. While Wonging with greens might work, doing it with blacks might bring you too much attention. You might not need any camo or cover with blacks, but playing with purples will require some clever timing and very strong playing skills. If you are increasing your betting level by a large factor then you will probably have to change your playing style or play at different casinos. It will all depend on the stakes and the casino's choke point. You probably already know those two things if you have been playing there for a while, so the next step is to come up with a new game plan that will allow you to keep taking their money.

-Sonny-
 

Kasi

Well-Known Member
Sonny said:
If you don't reinvest those winning back into your bankroll then your RoR increases. If you always spend your winnings (or a portion of them) then every losing session will grind you down but the winning sessions will not build you back up. It doesn't directly affect your results at the tables, but it might eventually affect your ability to play.

-Sonny-
I see what you mean but if one is ahead and spends that money one could choose to begin again with a brand new bankroll and have his original ROR again from that point forward while the first roll was now a win over a period of time. Maybe lol?
 

Opinion

Member
It's Still the Same

Kasi said:
I see what you mean but if one is ahead and spends that money one could choose to begin again with a brand new bankroll and have his original ROR again from that point forward while the first roll was now a win over a period of time. Maybe lol?
Yes, you would be starting over, but if betting fixed Kelly that one in seven chance of wiping out will eventually catch you. If you reinvest then eventually they can't catch you.

Probably any amount over .25 or .2 fixed Kelly you can take out of your bank and be safe.
 

Kasi

Well-Known Member
Opinion said:
Yes, you would be starting over, but if betting fixed Kelly that one in seven chance of wiping out will eventually catch you. If you reinvest then eventually they can't catch you.

Probably any amount over .25 or .2 fixed Kelly you can take out of your bank and be safe.
I see that sometimes one will lose the original roll even though they were ahead at some point. But if the money is spent all he can lose is the original roll lol.

If we're up 50% of original roll, if we even know that, do we know we can lose $15K now to lose our original $10K roll? Is it on paper or in a bank account?

Just BS'ing lol.
 

Doofus

Well-Known Member
Sonny said:
Moving up to a higher unit size often requires a new game plan to avoid heat. While a 1-20 spread in red chips might be tolerated at a particular casino, you might get into trouble if you try it with greens. While Wonging with greens might work, doing it with blacks might bring you too much attention. You might not need any camo or cover with blacks, but playing with purples will require some clever timing and very strong playing skills. If you are increasing your betting level by a large factor then you will probably have to change your playing style or play at different casinos. It will all depend on the stakes and the casino's choke point. You probably already know those two things if you have been playing there for a while, so the next step is to come up with a new game plan that will allow you to keep taking their money.

-Sonny-
Amen. This all comes down to one phrase - "Know your enemy," that was either originated by Sun Tzu or Ken Uston, I forget which.
 

sagefr0g

Well-Known Member
Doofus said:
Amen. This all comes down to one phrase - "Know your enemy," that was either originated by Sun Tzu or Ken Uston, I forget which.
lol in my case the worst one is probably in the mirror.
 

Ferretnparrot

Well-Known Member
Iv always tried to spend at least 5-10% of my winnings so that in the event i do run out of money, i will at least have the stuff i bought to show for my efforts, and in a sense, never really lost to begin with.
 
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