newbctr said:
Final point is regarding risk. Per kj, I ditched the increase after win only and decrease after loss. This has HUGELY increased my standard deviation. I don't think it can be anecdotal either: the swings are way beyond anything I saw in about 400 hrs of play
Hold on there young buck. Don't try to pin your problems on any advice that I or anyone else gave you. You take, or not take any advice with a grain of salt and make your own decisions. That said, to clarify, the advice you are referring to was that I pointed out the flaws in your god, Ian Anderson's play. That parlaying up on winning bets only and not dropping bets on winning hands even if the count calls for it, may be ok for single/doubledeck games, but for 6 deck games you get to the really good counts very infrequently and you gotta be prepared to get the money out their when these rare situations occur to take advantage of them. If you waste time slowly parleying up when these situations occur, you will miss half of them.
That said, that really has nothing to do with your problem. But before I address that, I will answer your question concerning swings of 500+ units. If you are playing 6 and 8 deck games, especially mediocre games such as Pa and especially AC, you need a large spread to beat them. Larger spreads unfortunately mean larger swings, both good and bad as sometimes, (far too often) you lose many of those big bets in a row.
I too, have experienced a few extreme swings over the first half of this year like none that I had encountered before, luckily to date more positive than negative, but could just as easily go the other way. Again, you gotta bet big to win and betting big sometimes means losing big for a period. That is the whole reason one must be properly bankrolled, which brings me back around full circle to your problem.
In various posts on this site and the other you have talked about playing both $50 and $100 units. You have also mentioned spreading 16-1 and playing 2 hands totaling $1000. In short, you are overbetting your bankroll. Without knowing the exact specifics of the games you are playing, I wouldn't attempt to figure your exact RoR, but I would guess you are playing
full Kelly, if not more.
And that means a pretty high chance of not only losing 500 units but losing your entire BR. Anyone planning on
safely playing for any period of time off a set BR is playing a
small fraction of Kelly. The only acceptable reason for playing full kelly, would be if your BR was easily replenishible, in your case meaning you could easily lose the 50 grand and start again with another 50 grand, because again, there is a reasonable chance that will happen and I dare say, you may be in the middle of that now. :sad:
During the “cost of cover” thread, you talked about sometimes playing your Max bet off the top of a new shoe for cover purposes. I tried to tell you this method of cover is costly. Not only the cost per hand of playing a max bet with negative expectation. That may only be a few dollars each time, but this play also increases RoR, which you are going thru. So don't blame me for that one. Blame our friend Zg. He is the one pushing this as inexpensive cover.
One final point about Pa and AC, If you have equal access to several of the PA stores as you have mentioned, why are you continuing to play the inferior games in AC so often?
All other things being equal, the LS on Pa games is a big deal and makes them far superior to AC.