The perfect shoe

[ohbehave]

Not at all. It's easy to keep throwing out max bets when you are winning, it's when you are losing hand after hand it becomes a little tougher.

Yes, of course your right... since you didn't lose a hand all you had to do was drag the winnings. The perfect shoe indeed!

 

[aslan]

Yes, of course your right... since you didn't lose a hand all you had to do was drag the winnings. The perfect shoe indeed!

He also had to fight the temptation to lower his bet, since the house has a decided edge on number of hands won even in plus counts. One hates to jump ahead $5,000 or $10,000 only to see it return to the house in the second half of the shoe. So while it may be true that it is easier, I still must take my hat off to kewljason. He really did live up to his username. :1st:

 

[kewljason]

He also had to fight the temptation to lower his bet, since the house has a decided edge on number of hands won even in plus counts. One hates to jump ahead $5,000 or $10,000 only to see it return to the house in the second half of the shoe. So while it may be true that it is easier, I still must take my hat off to kewljason. He really did live up to his username. :1st:

2 things aslan. 1, I thank you for the compliment. I assume living up to the username was meant as a compliment. lol And 2, and more important is is your first point and I'm not talking about this specific session that we have discussed in this thread. It only lasted about 12 minutes and I think we have sufficently discussed and over discussed it now. lol

But in more general term, while we have all had those shoes that you win a good amount the first half, only to give it back by the end of the shoe, and it is indeed a bad feeling, but, to not do so crosses the voodoo line. Anyone who considers not putting your big wager out when called for because you have already won some hands, is severely lacking as an AP.

It is one thing to have voodoo thoughts creep (like a panther...lol) into your brain, I will confess to this even in the last 2 weeks since this incident, but quite another to act on them. One needs to chase those evil thoughts away with a broom, cross, silver bullet or garlic cloves. Whatever it takes as quick as possible. lol Put that big bet out there when called for. Don't even think about it. That will only get you into trouble. just do it!

 

[21forme]

Anyone who considers not putting your big wager out when called for because you have already won some hands, is severely lacking as an AP.

Absolutely right, Jason.

Sometimes, as I'm winning big, my wife will say, "shouldn't you stop now?" My standard answer is, "Does a casino ever close when they reach a certain win level?"

 

[aslan]

2 things aslan. 1, I thank you for the compliment. I assume living up to the username was meant as a compliment. lol And 2, and more important is is your first point and I'm not talking about this specific session that we have discussed in this thread. It only lasted about 12 minutes and I think we have sufficently discussed and over discussed it now. lol

But in more general term, while we have all had those shoes that you win a good amount the first half, only to give it back by the end of the shoe, and it is indeed a bad feeling, but, to not do so crosses the voodoo line. Anyone who considers not putting your big wager out when called for because you have already won some hands, is severely lacking as an AP.

It is one thing to have voodoo thoughts creep (like a panther...lol) into your brain, I will confess to this even in the last 2 weeks since this incident, but quite another to act on them. One needs to chase those evil thoughts away with a broom, cross, silver bullet or garlic cloves. Whatever it takes as quick as possible. lol Put that big bet out there when called for. Don't even think about it. That will only get you into trouble. just do it!

Ya, I was doing it tonight at two hand of $250 each until finally I recovered the more than fifteen hundred I was down. Whew! Glad that's over with. Sometimes you start off on the upside, and other times you start off on the downside and spend the rest of the night digging your way out. This was one of the other times. :laugh:

 

[Meistro]

54 max bet victory.... now that is a hot shoe!

 

[KewlJ]

Ok, I see "the perfect shoe" has been bumped to present day. Since it has, there are a couple things that came out of that experience that day, that of course I didn't know at the time, that I can now share.

1.) I lost that casino in a rather unusual way. A few days later I was having a drink at a bar several miles from that casino. One of the pit guys that was working the day of my big win, was there. I had seen him there before but never spoke to him. On this day he bought me a drink. Since we were both alone, I went over to thank him and he told me that he could not allow me to play on his shift at that casino anymore. He also advised me that I should not attempt to play on other shifts as well, as my picture was posted in the pit.

2.) That guy and I became friends. To this day I consider him one of my closest friends. I invite him to my home whenever I have any kind of get together with friends. And a professional blackjack player and a strip pit guy friendship has it's benefits. Although I never asked him to....I would never do that, he takes it upon himself to keep me advised of any information on me in the various database.

And out of respect for his friendship, I have never attempted to play that casino, on or off his shift since that day.

 

[Meistro]

So it's true, pit critters and counters can live in peace after all!

 

[xengrifter]

54 max bet victory

Which demonstrates the possibility of a 54 max met losing session.

 

[KewlJ]

Which demonstrates the possibility of a 54 max met losing session.

Not in my case. While I don't believe in stop or loss limits, I do only have limited funds on me to start each day. It's more a security precaution than about stop/loss limits, but either way, it pretty much limits my daily loss to about half that "54 max bet amount", unless I replenish after losing that amount which I rarely do. If I have lost my daily or trip BR, I am ready to call it a day. There's always tomorrow.

 

[xengrifter]

While I don't believe in stop or loss limits... [I LIMIT] my daily loss to about half that "54 max bet amount", unless I replenish after losing that amount which I rarely do. If I have lost my daily or trip BR, I am ready to call it a day. There's always tomorrow.

My interpretation of the above is that you do NOT believe in 'stop-loss-limits' BUT you DO use one anyway.
What if you lose your 27 or so max bets in the first hour of play? What will you typically do in that event?

.

 

[KewlJ]

My interpretation of the above is that you do NOT believe in 'stop-loss-limits' BUT you DO use one anyway.
What if you lose your 27 or so max bets in the first hour of play? What will you typically do in that event?.

No the interpretation should be that I do not believe in stop-loss limits, but the "trip" bankroll that I use for a day's play for security purposes, basically results in the same result as playing a stop limit, although that is not the purpose or intent.

I have only lost the majority of my daily bankroll two times in the first hour of play. On one of the occasions, I went and got a new "daily" bankroll and continues playing. That happens to be my biggest single day lost as I lost some of that second daily BR. The other time, we had another stop or two where my partner had some machine play, ate a meal and went home early.

What is much more common is that I have lost a portion of the daily bankroll quickly, enough of a portion that I didn't have enough funds to comfortably start a new session, so I withdrew some funds at the ATM (arranged higher withdraw limits) enough to play another couple sessions, but not a whole new daily bankroll's worth.

 

[xengrifter]

No the interpretation should be that I do not believe in stop-loss limits

That was indeed my stated interpretation.

I do not believe in stop-loss limits, but the "trip" bankroll that I use for a day's play for security purposes, basically results in the same result as playing a stop limit, although that is not the purpose or intent.

A rose by any other name ...

BTW, most would not know it - but the sainted Lawrence Revere claimed to me that he used a quasi-intuitive pre-loss stop-indicator whereby
IF he saw/experienced certain negative anomalies early in a playing day he would quit for the day ... even just a few extreme things....
...Similar in a way to how Nick The Greek claimed to use small-change slot play as a luck-tester.

.

 

[ZeeBabar]

"What is much more common is that I have lost a portion of the daily bankroll quickly, enough of a portion that I didn't have enough funds to comfortably start a new session, so I withdrew some funds at the ATM (arranged higher withdraw limits) enough to play another couple sessions, but not a whole new daily bankroll's worth."

Are there specific guidelines for session BR or trip BR? Like how many units should we have before we start a session?

I play DD with a 1-6 spread ($25 min. games) and when I visit the local casinos, I usually take $2k or $2.5k with me. If I am down and have just $600 left, I either head home or keep playing till I lost it all or won back. I also end session and quit for the day if I am up about $1k.

On short 1-2 day driving trips, I take $5k and if I get down to $1-2k, I just get in car and head home. If I am up over $1.5k, I head home as well.

On my LV trips of 2-4 days, I take $10k. Since I cannot come home earlier than planned, its a bit trickier. My best won trip of 2-4 days to Las Vegas was for $3300 and worst was when I lost $3.7k.

To you pros, all this is amateurish. I am taking the risk of ridicule to get a feel for how you pros play. My decisions are based mostly upon my own psychological needs. When I started, playing red chips, a loss of $200 at a session was tough but gradually, I have become more accepting. My loss limits are based upon my lines where if I cross the line...that is, if I lose more in one day or one session, I get down and if I win too much, I get cocky, splurge on something.

 

[Meistro]

"Are there specific guidelines for session BR or trip BR? Like how many units should we have before we start a session?"

30 max bets has been suggested by a lot of people for a decent starting point with regards to trip roll. This brings the risk of tapping out to be fairly minimal. Tapping out itself is not really the end of the world either, so there is no reason you can't play with only 15 max bets especially if you are not aiming for a ton of volume that session. As for when you must call a session because you are losing, you should never have less than six additional max bets if you are playing two hands, as you must be able to cover all doubles and splits. Technically you could reduce your max bet and keep playing I guess.

 

[KewlJ]

Anyone that has ever run out of funds mid-shoe of a juicy count learns that this is not a mistake you want to make a second time.

BUT, anyone that has ever been robbed of a significant portion of bankroll, discovers you need to find a balance between the two.

 

[xengrifter]

If I am up over $1.5k, I head home as well.

A stop-win, aye?

 

[Meistro]

were you robbed Kewlj?