I lost $170 my last outing....forgot to date it.DSchles said:What does the -$170 refer to?
Don
Right...I hear you.gronbog said:Your notes are all about individual hands and hot/cold sessions. This is all completely useless information. You should be taking notes on things like penetration, game speed, crowding, bet spread, heat (or lack thereof), etc. Things that define the value of the game in the long run. You should also be tracking dealers who provide better than average conditions and pit personnel who are more/less tolerant than others.
You want to be able to look at your notes to help you decide where and when to play most effectively, not whether your luck was good or bad.
kcchiefsfan1982 said:I am really considering raising my bets to the following:
-1,0,+1 = $10
+2 = $50
+3 = $100
+4 = $200
I like that idea a lot, actually. Never thought about that. The $25 on the first two hands played.KewlJ said:Sorry, I am a little late to the discussion. I don't like this spread at all. First as Don said, the very first jump that they will see $10 to $50 is too big.
There should be like a $25 @ +1. A TC of +1, really is made up of the whole bucket from +1 to +2, so even for s17 shoe games, it is just slightly +EV (for the bucket) and ok to raise. More importantly it smooths out the ramp.
I also am not crazy about a spread that goes through 3 colors, like red, green, black and they will start paying you in black after a while, even if your $200 is made up of green. I guess you can ask them for green only, but then you amass a huge pile of green and THAT draws attention.
The other thing about inserting that $25 wager at +1 is from that point on you can move to the next level by just taking a winning hand and adding to the original bet. THAT is a very natural way of increasing.
I am going to offer a little tip based on what I do. You may choose not to do it, but I am just sharing. When you buy in, the pit comes over and records your buy-in. They also record your first hand or two wager. So for your spread, they are going to record $10. So if at anytime they come back and you are wagering $200....boom, they instantly know your spread. Even if you are only to the $100 level, they instantly know what you have spread so far.
So what if you make your first wager $25 just for the first round or two. That is what they will record. You can drop back down by the second or third hand and this won't have cost you much (pennies actually). So then they come by again and see you wagering $100 or $200 and they are not seeing that large spread because they recorded your first wager as $25, not $10.
Just something to think about.
Where is that in your notes? I'm not being snide. That would be a more appropriate note than the ones you're taking.kcchiefsfan1982 said:I tested out the (2) $25 bets starting out last night...and I like it!!
We hate hearing this kind of talk because it's a red flag. It's one thing to act appropriately emotional at the table but experiencing real emotions related to your short term results can be a dangerous thing. It can lead to one going on tilt. Being emotional about winning is just as dangerous as being that way about losses.kcchiefsfan1982 said:if I can break that $1,000 mark, it will be very emotional for me.
[ ... ]
I know, you all hate hearing this kind of talk. But, this is my reality.
Waiting to see the math come to fruition at some point. Emotions are real.
After playing about 800 hours, I am not going to be fake. (650 of those hours were in 2019)gronbog said:Where is that in your notes? I'm not being snide. That would be a more appropriate note than the ones you're taking.
We hate hearing this kind of talk because it's a red flag. It's one thing to act appropriately emotional at the table but experiencing real emotions related to your short term results can be a dangerous thing. It can lead to one going on tilt. Being emotional about winning is just as dangerous as being that way about losses.
No. I'd be there right now!DSchles said:Would you be taking that break if you won $1,000 instead of losing it?
Don
Then you're really not cut out to do this.kcchiefsfan1982 said:No. I'd be there right now!
I am in my 18th year of supporting myself from my blackjack play. So last year 2020, was my 17th year. (see the math I did with that? )kcchiefsfan1982 said:I'm very new to this larger spread.
Yeah, it is no fun (for me) to lose $2,000 of a $5,000 bank roll in two days. Well, I had expanded my bank roll to $6,200 before that hit. I have recouped $1,200 of the $2,000 loss since then.KewlJ said:I am in my 18th year of supporting myself from my blackjack play. So last year 2020, was my 17th year. (see the math I did with that? )
So last year when casinos re-opened after the covid shutdown, I doubled my regular stakes, knowing that the pit would be busy with extra 'duties' and with masks and all, I could play higher stakes without additional heat. So wouldn't you know I immediately hit some pretty severe negative variance. Five figure losses, multiple days at the same property. This was much bigger losses and swing that I was used to and I started thinking all kinds of crazy thoughts. So my point is that even in my 17th year (at the time) a larger spread, and larger swings and variance can take some getting used to.
At the level you are betting, the chance is extremely low.kcchiefsfan1982 said:Sure hope I can play the rest of my life off this $5k bankroll.
You are severely over betting your bankroll. Your risk of ruin must be close to 100%.kcchiefsfan1982 said:Yeah, it is no fun (for me) to lose $2,000 of a $5,000 bank roll in two days. Well, I had expanded my bank roll to $6,200 before that hit.