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Thread: Some Action: Don - Money/time management

  1. #1
    Some Action
    Guest

    Some Action: Don - Money/time management

    Hi Don

    I play in a casino with no heat. 2 decks - 52-60 card penetration.

    Betting spread allowed is 1-10 on the table and you can play a max of 2 hands.

    It?s difficult to play heads up on a $25 table so I often play the $50 table. Only 2 tables available at $50

    3 questions.

    1. Since my playing isn?t curtailed by concerns about cover, what should I consider to be a playing session? By amount of money, number of hands, or time? Playing heads up I can play around 185 hands/hour. I know that I don?t want to cap my winnings and stop while I have the advantage but the shoe ends so quickly that I?ve been up $2000 at the end of the shoe with my session bankroll being $1500. And this is after 15 minutes.

    2. While playing in the above scenario, should I increase my bet spread to reflect the new available money or keep playing with the same spread and consider the winnings added to my overall bankroll.

    3. Sometimes another person joins the table. My options are often limited to either stop playing or play with that person. I play 2 hands at the appropriate times. I feel I should increase my bet spread to compensate for the fewer hands per hour I?m getting. Comments?

    Thanks

    SA.

  2. #2
    Don Schlesinger
    Guest

    Don Schlesinger: Re: Don - Money/time management

    > Hi Don

    > I play in a casino with no heat. 2 decks - 52-60 card
    > penetration.

    Not bad.

    > Betting spread allowed is 1-10 on the table and you
    > can play a max of 2 hands.

    Great

    > It?s difficult to play heads up on a $25 table so I
    > often play the $50 table. Only 2 tables available at
    > $50

    OK.

    > 3 questions.

    > 1. Since my playing isn?t curtailed by concerns about
    > cover, what should I consider to be a playing session?
    > By amount of money, number of hands, or time? Playing
    > heads up I can play around 185 hands/hour. I know that
    > I don?t want to cap my winnings and stop while I have
    > the advantage but the shoe ends so quickly that I?ve
    > been up $2000 at the end of the shoe with my session
    > bankroll being $1500. And this is after 15 minutes.

    How much capital do you bring with you? If your session isn't constricted by your bankroll, and if you truly can play unmolested, then a session is whatever you make it to be. Still, you have to wonder if they're going to allow that kind of play if you pummel them over long hours.

    > 2. While playing in the above scenario, should I
    > increase my bet spread to reflect the new available
    > money or keep playing with the same spread and
    > consider the winnings added to my overall bankroll.

    The latter is much more practical and is what most people do until they get to some meaningful multiple of their original bank. It would help to know those figures.

    > 3. Sometimes another person joins the table. My
    > options are often limited to either stop playing or
    > play with that person.

    Why would you stop? You can't play alone all the time.

    > I play 2 hands at the
    > appropriate times. I feel I should increase my bet
    > spread to compensate for the fewer hands per hour I?m
    > getting. Comments?

    I wouldn't. Your hourly win rate is an average of what you will get over variable playing conditions. Just accept that and don't over-think what appears to be a good situation.

    Don


  3. #3
    Some Action
    Guest

    Some Action: Re: Don - Money/time management

    Hi Don

    Thanks for your input.

    > How much capital do you bring with you?

    My overall bankroll is $15,000

    I consider a session bankroll to be 30 min bets for the table. So I'll bring 1-2 session bankrolls.

    > The latter is much more practical and is what most
    > people do until they get to some meaningful multiple
    > of their original bank. It would help to know those
    > figures.

    Playing the same spread until I double my overall bankroll? Is that considered meaningful?

    > Why would you stop? You can't play alone all the time.

    Fair enough. But I can play alone a great deal of the time. Thought that would be the ideal situation.

    > Your hourly win rate is an average of what
    > you will get over variable playing conditions. Just
    > accept that and don't over-think what appears to be a
    > good situation.

    Thanks again

    SA

  4. #4
    Don Schlesinger
    Guest

    Don Schlesinger: Re: Don - Money/time management

    > Playing the same spread until I double my overall
    > bankroll? Is that considered meaningful?

    Yes. But the choice is always yours as to whether you're happy with a particular level. There came a point in my play when, no matter what I could afford, I just decided, for cover and comfort levels, I wasn't going to play for any more.

    No one can make that decision for you.

    Don

  5. #5
    Some Action
    Guest

    Some Action: Re: Don - Money/time management

    > Yes. But the choice is always yours as to whether
    > you're happy with a particular level. There came a
    > point in my play when, no matter what I could afford,
    > I just decided, for cover and comfort levels, I wasn't
    > going to play for any more.

    > No one can make that decision for you.

    > Don

    Thanks

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