Player of the week award

Tarzan

Banned
I have often mentioned about having enough money to play, having a sufficient bankroll and not overbetting your bankroll. I just don't think people quite understand just how important that really is. I've seen some examples of poor judgement and thought to myself how that poor guy and his pal must have read in here on that post which stated how a lousy $1000 is PLENTY to go to town with at some blackjack (which is just way offbase unless you are playing a $1 minimum table and then the overall is that you will make a whopping $1.75 an hour if you play it about perfectly in my opinion).

While wandering about and looking over tables to find someplace to jump in at, I noticed two very young guys about college age that were obviously playing well and using not just perfect strategy but obviously ramping up and down perfectly with the count. They were trading some chips back and forth at a $25 NMSE table. Although I ruled out sitting at the same table as these two, I watched them play for a while... they lost, they lost... they lost some more. They lost so badly it was amazing, one of those "dealer from hell" scenarios to say the least! They were losing regardless of the count or anything else, despite playing it perfectly. It all happened rather quickly and they got cleaned out and were scraping and checking meager finances with each other as they were down to the wire. They were walking away from the table muttering aloud on their loss of over two thousand and of "losing it all"; They were obviously overbetting their bankroll if they only had $2000 and were at a $25 minimum table, particularly in a NMSE game.

Guess what kiddies! Don't go to a gun fight with a pee-shooter! It can go really really bad for a really really long time and you need the resources to ride that out and if you play it perfectly you will score roughly 1.5-2 units an hour average over the next couple of years or so of play with lots of whacky swings in either direction along the way. Overbetting your bankroll is a sure way to knock yourself right off the map all in one playing session... examine ROR and understand it's ramifications because counting alone without money management skills can make you broke in a hurry. These two hotshots should have read more books and watched less movies (to bust on the "21" movie which depicts for the sake of movie hype that there is no such thing as losing in a good count)!!! Experience and KNOWING just how bad it can go (and for how long) on that fluctuation roller coaster makes one a bit more humble and makes you insure you are situated financially for the long haul. Experience keeps you from thinking that you are invincible or "God's gift to the game of blackjack" or anything like that also.

I saw something said someplace that I must quote here:
"What's the best way to win a million dollars in a casino?---Easy! Walk in with TWO million!" Those two guys never saw that quote before, I guess...
 
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blackchipjim

Well-Known Member
Amazing losers

We have sat and watched people at the tables lose and lose and lose and then lose some more. I find it fascinating that people have such money to literally throw away either through bad play or bad luck (variance). I myself have sinned in the past by playing with insufficient funds for the game I was playing. I did it for the thrill of betting big and seeing if my luck(variance) would pan out positive. I have since held true to the time honored practice of playing properly in the ap mode. This time honored rule of playing within one's br constraints is not something one should experiment to any great degree.:eek:
 

rrwoods

Well-Known Member
Tarzan said:
I saw something said someplace that I must quote here:
"What's the best way to win a million dollars in a casino?---Easy! Walk in with TWO million!" Those two guys never saw that quote before, I guess...
My favorite, and I have no idea where I heard this, is "It's easy to make a small fortune playing blackjack. You just need to start with a large one."


On the topic, my "player of the year" award goes to a guy who was sitting across from me on my first counting outing. "See? When you stay in, we win." *sigh* Yes sir, I suppose you're right.
 

ihate17

Well-Known Member
Might have been me

blackchipjim said:
We have sat and watched people at the tables lose and lose and lose and then lose some more. I find it fascinating that people have such money to literally throw away either through bad play or bad luck (variance). I myself have sinned in the past by playing with insufficient funds for the game I was playing. I did it for the thrill of betting big and seeing if my luck(variance) would pan out positive. I have since held true to the time honored practice of playing properly in the ap mode. This time honored rule of playing within one's br constraints is not something one should experiment to any great degree.:eek:
On a recent Vegas trip, I am down quite a bit and a new shoe goes highly positive very quickly. Conditions are good, one deck cut, S-17 game and heads up. I increase my bet with the count and continue getting hammered and behind me is a small group of people all shaking their heads (probably thinking how can this idiot stay there and take that beating). Down over 5 figures on the shoe it finally turns and in the last 4 hands, playing 2 hands each time, I win my last 8 hands with some naturals, splits and doubles included. Finish the shoe with a loss of less than $100 but once I began winning my head shaking crowd actually disappeared.

The casino bought (and probably should have bought) my steamer act completely and now on the shuffle two players have sat down. The question I always ask myself in this situation is how do I sell the fact that I want to begin the new shoe with a minimum bet after winning several max bets to end the previous shoe. What I do is just sit there, looking like a person who just escaped a serious trajedy and drained of strength, saying I need to just take a few hands off. Of course I am now backcounting while sitting at the table and will jump back in with a good count. A bad count and I just head to the restroom and come back with a rinsed face and re-combed hair.

So, I have the bankroll to do this and I have expierienced these things often enough to know if conditions are good I should continue playing through the count but I will look and act like the guy who is throwing his whole bankroll away. I have also witnessed novice counters kill their bankroll by overbeating during similar periods, other counters throwing what they know away and just really steaming, and of course average players just plain knowing (incorrectly) that they just can not lose that many in a row, while the losses continue.

ihate17
 
It's a tough call for me, but I'm giving it to Tarzan for his thought provoking and insightful post. I've only been a few times this year. All 17 with in the past month and 1/2. So here's a short list,

Drunk Chick at a party blacking blackjack
Drunk Chick's Boyfriend who played everyone of her hands.
The Guy playing blackjack at the casino who lost where his seat is and swore he was sitting there.
Mr. Guy who freaked out when I hit an 11 vs 8 and stayed. Later on he was helpful in offering advice and actually started to play my hands.
 
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