ROR...again..

mdlbj

Well-Known Member
RJT said:
I agree. One method i think is particularly effective is to skew the bet but ensure that it totals to the same base amount. So say that you would have bet $100 on one hand, when you spread to two hands you should bet $70 on each, but how about betting $50 and $90 or $40 and $100? It looks very good to anyone watching, the only problem is that it dramatically increases varience so you need to make sure that your bankroll can withstand it (if you were playing at 0.3 Kelly i wouldn't foresee it being a problem).

RJT.
I guess I should rephrase. What is your expected value at one hand, and or what is your expected value with 2 hands.
 

mdlbj

Well-Known Member
Bojack1 said:
I agree that using kelly for setting your betting unit is best, but make sure its a fraction of kelly. But if are playing a 10 dollar unit even at .3 kelly which is as conservative as most get, MIT played at this for years, you would only need a total bankroll of $8870. A weekend trip you wouldn't need to bring more than $1200 to $1500 for a well funded trip bankroll with a 10 dollar unit.

On a different note, mdlbj you say your unit is $1600. That is the same size unit that the MIT teams played with for a while. But I must say we haven't been able to play anything close to that size unit in years due to the heat it brings. No matter how good you are playing that much brings some real attention and At least in Vegas most call ins, if your team plays this way, the table max at the mid shoe entry tables couldn't handle the action. I'm just kind of curious how your pulling it off.
Using a fractional Kelly unit would put most people on this forum at a 1 dollar table. Using a 1.00 Kelley coefficient will increase ROR. At a .3 Kelly, thats 887 units. Difficult for limited BR. I would suggest going with a 1.0 Kelly and accept that your ROR will be high. Hence, 10k would be advisable for a Kelly system at a 10 dollar table. Make sense?

QFIT can chime in at any time..
 
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mdlbj

Well-Known Member
Automatic Monkey said:
Several hours looking to get ahead? Dude, you can plan on several hundred hours looking to get ahead! Team play or not. Even the best SD games have a N0 of 4500 or so.
There is a difference in team play with funds and single play with a limited BR. I wont do the math yet as the saying goes, its over time.. AP is the way to earn your seat at the table. Dont get me wrong, I was just really starting to get all this just a short time ago. I met a few people after emersing myself into it and there are ways to wipe out the time it takes.. I think I read this on one of supercoolmancools posts.. Its a sickness.. But dont quit your day job..

Respect..
 
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Bojack1

Well-Known Member
mdlbj said:
Using a fractional Kelly unit would put most people on this forum at a 1 dollar table. Using a 1.00 Kelley coefficient will increase ROR. At a .3 Kelly, thats 887 units. Difficult for limited BR. I would suggest going with a 1.0 Kelly and accept that your ROR will be high. Hence, 10k would be advisable for a Kelly system at a 10 dollar table. Make sense?

QFIT can chime in at any time..
It doesn't make sense to me. Yes at .3 kelly that would be 887 units, but at full kelly that would be 266 units. That would mean at full kelly you would only need $2660. There is no reason to have 10k at all for a $10 unit. If you want to play the high risk at full kelly you don't need a real big bankroll but it better be replenishable, because you have a 50% chance of losing it. And if you want to be on the ultra conservative side of kelly, go with .3 and you still need less than 10k at $8870.

As for the playing in the high roller room, sure you can play bigger in there, but you can't play a conventional big player call in game there because of no mid shoe entry. Its okay for some advanced techniques, but I was under the impression from previous posts that you did call in team play. As far as playing with celebrities go, I've played with more than my share, hell Michael Jordan never even raised his bet over $5000. So if all the attention is at his table while I'm sitting there, and I was betting more than 3 times his bet for my max, I think thats just inviting red hot burn your house down heat. Of course its a different story if you are working for them and signaling them what to bet, than you're just betting table minimum and all eyes still remain on them.
 

mdlbj

Well-Known Member
Bojack1 said:
It doesn't make sense to me. Yes at .3 kelly that would be 887 units, but at full kelly that would be 266 units. That would mean at full kelly you would only need $2660. There is no reason to have 10k at all for a $10 unit. If you want to play the high risk at full kelly you don't need a real big bankroll but it better be replenishable, because you have a 50% chance of losing it. And if you want to be on the ultra conservative side of kelly, go with .3 and you still need less than 10k at $8870.

As for the playing in the high roller room, sure you can play bigger in there, but you can't play a conventional big player call in game there because of no mid shoe entry. Its okay for some advanced techniques, but I was under the impression from previous posts that you did call in team play. As far as playing with celebrities go, I've played with more than my share, hell Michael Jordan never even raised his bet over $5000. So if all the attention is at his table while I'm sitting there, and I was betting more than 3 times his bet for my max, I think thats just inviting red hot burn your house down heat. Of course its a different story if you are working for them and signaling them what to bet, than you're just betting table minimum and all eyes still remain on them.
"Guerrilla play is the way to earn your seat at the table"

Mid shoe entry in a High Roller room is negotiable when the perception is there. Yet, I have not seen an un-shuffled deck when I sit at a table as of late. They always shuffle up or break the deck when someone sits down. Unless tipped well.
 
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mdlbj

Well-Known Member
Bojack1 said:
It doesn't make sense to me. Yes at .3 kelly that would be 887 units, but at full kelly that would be 266 units. That would mean at full kelly you would only need $2660. There is no reason to have 10k at all for a $10 unit. If you want to play the high risk at full kelly you don't need a real big bankroll but it better be replenishable, because you have a 50% chance of losing it. And if you want to be on the ultra conservative side of kelly, go with .3 and you still need less than 10k at $8870.

As for the playing in the high roller room, sure you can play bigger in there, but you can't play a conventional big player call in game there because of no mid shoe entry. Its okay for some advanced techniques, but I was under the impression from previous posts that you did call in team play. As far as playing with celebrities go, I've played with more than my share, hell Michael Jordan never even raised his bet over $5000. So if all the attention is at his table while I'm sitting there, and I was betting more than 3 times his bet for my max, I think thats just inviting red hot burn your house down heat. Of course its a different story if you are working for them and signaling them what to bet, than you're just betting table minimum and all eyes still remain on them.
I guess my point was to cover your butt if you see the neg SD. Having 10K on hand would be advisable no? If this were a perfect world and we could bring 266 units @ a 1 kelly then more power to you..

sorry, I have had a little vino..
 
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