Best advice I can give is to refrain from constantly going into the pocket back and forth. When I first started playing bigger denomination chips, I was constantly paranoid that I may have dropped chips so I kept checking on them in my pocket. Of course I dropped a few checking on the chips that never moved... LOL. But I was fortunate enough to recover them. Now I buy in. Play. Color up and straight into the pocket they go until at the cage, hotel room or final meeting wherever that may be. It's not a good feeling to be carrying around that type of money when you are not used to it. You lose one little chip and it could cost you $5,000 or more sometimes. Also, it gives onlookers less of an idea of how much you have on your person. You never know who is watching.
After a thorough audit of my chip inventory and trip cash, I think its unlikely I lost the purple chip, which is a relief. I've made some changes in my trip bankroll management. I normally keep my chip inventory and trip bankroll close at hand because I don't always know ahead of time when I can get in a session. Now with more than 80 bj sessions in the last 2 months, and keeping a substantial trip bankroll, its necessary that I manage the bj funds more professionally. So now instead of keeping a log of only session results, I'll keep a separate accounting of funds into and out of the trip bankroll. I'm also looking into more secure forms of chip storage. I found something at walmart.com that looks small enough to keep on hand but yet holds more than enough chips.
Man, you calculate EV in a TOTALLY different manner than I do! But then again..........maybe it's the definition of "lost" that you have that's different than mine. Because I guaranty that anything you put in a stripper's g string was LOST forever and casino chips just don't quite fit while freebet coupons just MIGHT!
"Women and cats will do as they please, and Men and dogs should just relax and get used to the idea" --- Robert A. Heinlein
It's because of observations like these that I can't completely discredit the Efficient Market Hypothesis . There is an old economist joke that goes:
"An economist and a normal person are walking down the street together. The normal person says “Hey, look, there’s a $20 bill on the sidewalk!” The economist replies by saying “That’s impossible- if it were really a $20 bill, it would have been picked up by now.”
“Life's true face is the skull.” - Nikos Kazantzakis
Bookmarks