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Thread: I'm happy with a thousand.

  1. #1
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    I'm happy with a thousand.

    Ok so I'm new to the forums I'm not new to the game but not an expert.i know that people talk about needing a larger bank role to play black jack. The thing is I'm not looking to make 50 or 100 thousand every time a sit down. This is the way I think if I can win a grand every time I sit to play and leave no matter how long it takes me to win that grand at four times a month (weekends only) I have four grand at the end of the month. Do that four 12 months and I have 48000 a year. That's more than half what I make a yr at work.is this possible?

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    Extremely unlikely to the absurd. Of course it all depends on your strategy. If you start off betting $1,000 units it becomes more likely but still no. You are going to lose some of the time. How often and how much is the question.

  3. #3
    Senior Member DM21's Avatar
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    If it was that easy everyone would be doing it. It is possible to make $48k a year but it won't be by making $1K every week. Some weeks you will make 3 or 4 times that and some weeks or months you my lose 5 or 10 times that. This game is full of swings and the only constant is you don't know what will happen next. I had a weekend trip a while back where I won $2K. Easy enough right? The first night I won $4k, the second day I lost $8.5K, the last day won $6.5K. I am not going to say that it is typical but it happens more often than we would like.

    Also, if you sit down at a casino and play until you are up $1K then you will not last long at all. You will be exposing yourself and rub it in their faces that you are a constant winner.


    I am not sure what level you want to play but I am sure that you don't have the experience or knowledge to extract that amount of money if out being burned out every place you play. The bankroll requirements to earn a mid 5 figure income would need to be in the upper 5 figures or higher to handle the swings associated with that level of play.

    Not to discourage you but baby steps are needed. First, learn to count. Second, build a decent bankroll for your level of play. Third, start as small as possible for some seasoning. Then you will see what it takes to be a long term winner.


    DM
    Don't judge a man until you have walked a mile in his shoes, by then you are a mile away and have his shoes.

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    Does the term "Rude Awakening" mean anything to you ?

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    Quote Originally Posted by elaz View Post
    is this possible?
    Lady variance says **** no. If it was that easy and constant, everyone would be doing it, and casinos would shut down all the games.

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    Senior Member bigplayer's Avatar
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    Who wouldn't be happy with $1000 everytime we sit down. Sorry pal, it doesn't work that way. Sometimes you're never ahead and only lose lose lose from the moment you sit down to play. Nobody, not even the most hardened blackjack pro expects to make $50,000 or $100,000 everytime they sit down. Your entire premise is ridiculous. Your EV is $150 to $300 an hour depending on the game if your top bet is two hands of $400. Play four to six hours and you'll make $1000 on average, with very big swings and playing to get $1000 of EV per weekend will take you about four years to have a 98% chance of being ahead.

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    For what it's worth, I think it is easier to consistently win $100 from ten shops (giving you your $1,000), then to win $1,000 at one spot. Like you I'm not shooting for $10,000 weekends, my goals (and bankroll) are small but growing. I employee this method and it works ok for me. I play red chips (1 - 6 spread) and my playtime at any one location is from 10 - 60 minutes. I end up spending more time driving from location to location and updating my records than I do at the tables. My intent is to grow a bankroll that will allow me to one day play greens. Like momma told me, " Slow and steady wins the race".

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    Quote Originally Posted by elaz View Post
    Ok so I'm new to the forums I'm not new to the game but not an expert.i know that people talk about needing a larger bank role to play black jack. The thing is I'm not looking to make 50 or 100 thousand every time a sit down. This is the way I think if I can win a grand every time I sit to play and leave no matter how long it takes me to win that grand at four times a month (weekends only) I have four grand at the end of the month. Do that four 12 months and I have 48000 a year. That's more than half what I make a yr at work.is this possible?
    only more than half? Are you hiring? Where do I submit my resume' and referal information?

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    Quote Originally Posted by elaz View Post
    Ok so I'm new to the forums I'm not new to the game but not an expert.i know that people talk about needing a larger bank role to play black jack. The thing is I'm not looking to make 50 or 100 thousand every time a sit down. This is the way I think if I can win a grand every time I sit to play and leave no matter how long it takes me to win that grand at four times a month (weekends only) I have four grand at the end of the month. Do that four 12 months and I have 48000 a year. That's more than half what I make a yr at work.is this possible?
    You will not win a grand everything you sit to play. For two reasons: one is due to the chance factor that involves uncertainty and risk. The second is variance. In mathematical terms variance is the statistical measure of the spread and variation of a block of numbers in a sample. That block of number is equal to the square of the standard deviation. The lower the variance the better. From the Law of Large Numbers which describes the outcome of performing the repeated experiment a large amount of time the outcome obtain from that large number trials should be close to the expected value. The outcome will become even close when more trials is being perform. What that means is that you will need a bankroll to survive a period of loses to get to the long run. however, to get to the long run even faster. I suggest you play as a team. If you play as a team of 30 players you will have higher probability of winning.

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    Thank you for all the quick replies just wanted to know if it was possible as I ask in the last sentence.

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    I think the point is anything is possible, but chance of you succeeding is probably extremely unlikely. You're asking the wrong questions.

  12. #12
    Senior Member DBJT's Avatar
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    A big TEAM with a huge bankroll -might- be able to consistently get $1K a week with a lot of individual hours put in, but even then there's gonna be variance and huge swings.

    The hope would be that they'd smooth out collectively for everyone together (Joe's way up, offsetting Bob who got slaughtered) but practically speaking even in this you have to be prepared for losing and losing and losing for long blocks of time.

    Being "certain" of EVERY WEEK for the team, being UP? Prolly ain't gonna happen. Every MONTH? More feasible. Every YEAR? Much more likely.

    But for an individual solo player, even with huge bankroll to work with, being "certain" to be UP every WEEK? LOL LOL LOL

    -DBJT

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    You can generate $1,000/week in EV!
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

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