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.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.
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.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.
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.Kasi said:I don't see how you spend your money effects your BJ results.
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.Dopple said:Any recommendations for those moving into larger betting scenarios. What are some of the pitfalls others have run into?
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?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-
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.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?
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.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.
Amen. This all comes down to one phrase - "Know your enemy," that was either originated by Sun Tzu or Ken Uston, I forget which.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-
lol in my case the worst one is probably in the mirror.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.