See the top rated post in this thread. Click here

Page 4 of 4 FirstFirst ... 234
Results 31 to 40 of 40

Thread: Big savings should override any objection to team play.

  1. #31


    Did you find this post helpful? Yes | No
    Quote Originally Posted by NotEnoughHeat View Post
    It just seems like bad methodology to consider things only when a loss occurs. It's the same kind of thinking the progression players use to justify their play, by only considering wins (they say "when you win you get X much and you'll rarely ever lose so losing doesn't matter). Sure, the team will save money by playing less at min bet, but to say that the savings is $100 per hand lost is missing a large part of picture. Even at a house advantage, players will still win quite often. Betting smaller means winning smaller when you win as well. I'd think that the correct way to size up the savings is the classic EV*avg.bet. Really the team is only saving around fifty cents per hand. It's not a negligible number, but compared to the EV gained by not having idle teammates, the decision should be obvious.
    Every little bit helps.

    Averaging can often give a distorted view when extremes are involved. Warren Buffet's financial statis added to mine, on paper, would show two wealthy individuals, and be completely misleading and inaccurate. Warren Buffet's coupled with Bill Gates would show two wealthy individuals and be completely accurate. The 50 cents per hand might be accurate but misleading.

  2. #32
    Senior Member
    Join Date
    Dec 2011
    Location
    3rd rock from Sol, Milky Way Galaxy
    Posts
    13,302


    Did you find this post helpful? Yes | No
    Quote Originally Posted by falling star View Post
    Your do nothing argument is worth its' weight in Bull S.... .

    All players can benefit from team play.

    You have a blind spot that even glasses couldn't help.

    You scored four out of ten. I hope you do better at BJ. What casino instructed you to try and kill the post?
    You're not very good at it.
    Delusion can cost you your BR. I doubt anyone here sees things the way you do. Sonny is well respected for his expertise so trying to discredit someone like that almost always destroys your credibility. You didn't have any to start with so there is no loss there. Many of the most respected posters on the site has taken the time to tell you what they think. Rather than learning from that you want to get into a pissing contest with those that have earned respect with many years of posting history across many AP forums. That is a very bad decision if you want to establish credibility. You can do that and eventually establish credibility by learning you were wrong and having posts that show you have learned. Continuing a pissing contest with someone that has credibility built on years of forum posts on the subject lust causes you to continue to erode your credibility if that is even possible.

    Generally people that get into trolling spirit in their posts are ignored except when it can be useful to rookies to point out where and why they are wrong. They usually don't get it and ramp up their trolling spirit when in fact comments are not even intended for them because they have shown they will not learn and have no hope of developing any credibility. You learn the most when you are proven wrong. Smart people admit when they are proven wrong and earn respect. Stubborn people get entrenched in argue mode and refuse to admit when they are proven wrong which just makes them look even worse. I have found this kind of advise is rarely obeyed and the posters usually end up being banned but I try to help when people start down this road by pointing this out. You can take it or leave it but I have done my part to help you if your reason for posting is to learn and inform others. If your reason for posting is to troll or stubbornly stick to a position that is wrong so be it. You will end up being ignored and possibly get banned. Happy posting.
    Last edited by Three; 12-15-2014 at 09:17 AM.

  3. #33
    Random number herder Norm's Avatar
    Join Date
    Dec 2011
    Location
    The mote in God's eye
    Posts
    9,020
    Blog Entries
    59


    Did you find this post helpful? Yes | No
    Quote Originally Posted by falling star View Post
    Your do nothing argument is worth its' weight in Bull S.... .

    All players can benefit from team play.

    You have a blind spot that even glasses couldn't help.

    You scored four out of ten. I hope you do better at BJ. What casino instructed you to try and kill the post?
    You're not very good at it.
    Behave or go away.
    "It is impossible to begin to learn that which one thinks one already knows." -Epictetus

  4. #34


    Did you find this post helpful? Yes | No
    Quote Originally Posted by falling star View Post
    Every little bit helps.

    Averaging can often give a distorted view when extremes are involved. Warren Buffet's financial statis added to mine, on paper, would show two wealthy individuals, and be completely misleading and inaccurate. Warren Buffet's coupled with Bill Gates would show two wealthy individuals and be completely accurate. The 50 cents per hand might be accurate but misleading.
    The last sentence addresses why you wouldn't want to do what you're doing. When presented with options you don't just choose the one with positive EV. You choose the one with the highest EV (even if that means least negative). Doing what you're doing is slightly positive EV, but it should be forgone for the much larger EV of having active and productive teammates.

    In some cases, using the mean or even median or mode is indeed misleading, but if you're gambling for a living (or even seriously and informed to any extent) you do care about the average. The reason in the Bill Gates case why it may be misleading is because we care about individual data points (if you don't then the average figure shouldn't bother you at all). When we're playing over time we care more about the trend as a whole rather than individual hands. I think the 50cents per hand is accurate and not misleading at all. I think its more misleading to only look at loses and try to say something meaningful about that on its own.

    Also, a bit of a nitpick, but the average would not show that there's two wealthy individuals. That would be misunderstanding the average. It would show that on average, the sample/population is wealthy. On average its true, but without qualifying it it isn't.

  5. #35
    Senior Member
    Join Date
    Dec 2011
    Location
    3rd rock from Sol, Milky Way Galaxy
    Posts
    13,302


    Did you find this post helpful? Yes | No
    Quote Originally Posted by NotEnoughHeat View Post
    Doing what you're doing is slightly positive EV, but it should be forgone for the much larger EV of having active and productive teammates.
    Is it? I think he is playing a ploppy progression . He hasn't mentioned anything about his strategy yet. His thought process indicates he is playing a losing game and knows it.

  6. #36


    Did you find this post helpful? Yes | No
    Quote Originally Posted by Tthree View Post
    Is it? I think he is playing a ploppy progression . He hasn't mentioned anything about his strategy yet. His thought process indicates he is playing a losing game and knows it.
    If that's the case, I second your suggestion below.
    Quote Originally Posted by Tthree View Post
    Even better. They all go to the casino and nobody plays. They save 25% more than 1 of the 5 playing. Of course my team would be winning money on an average. If they are losing the move is not to play. I guess you just play a losing game and don't get that an AP team is winning on average.

  7. #37


    0 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by Sonny View Post
    You guys remember who falling star is, right? The incoherent rambling should be the first clue.

    -Sonny-
    Hey guys... this is how you correctly bump an old thread.

  8. #38


    Did you find this post helpful? Yes | No
    Lighten up Francis!

    https://www.youtube.com/watch?v=0OnpkDWbeJs

    Any of you guys bump another old thread...and I'll kill ya!
    Last edited by moses; 10-11-2017 at 11:12 AM.
    Play the game to live your life. Don't live your life to play the game. Pigs get fat...Hogs get slaughtered. Moses' shoes are on his feet or in the closet.

  9. #39


    Did you find this post helpful? Yes | No
    You did say
    Catch a Falling Star. Shades of Perry Como

    https://youtu.be/5t_PDU5RmBw

  10. #40


    Did you find this post helpful? Yes | No
    Quote Originally Posted by moses View Post
    Speaking of Perry Como. T3s reply to Freighter about shorter posts.

    https://www.youtube.com/watch?v=BKQ9--_ZgB4
    Pretty funny

Page 4 of 4 FirstFirst ... 234

Similar Threads

  1. Team play
    By TonsOfFun in forum General Blackjack Forum
    Replies: 3
    Last Post: 08-08-2012, 05:20 PM
  2. sam: team play?
    By sam in forum Blackjack Beginners
    Replies: 2
    Last Post: 05-05-2004, 05:16 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

About Blackjack: The Forum

BJTF is an advantage player site based on the principles of comity. That is, civil and considerate behavior for the mutual benefit of all involved. The goal of advantage play is the legal extraction of funds from gaming establishments by gaining a mathematic advantage and developing the skills required to use that advantage. To maximize our success, it is important to understand that we are all on the same side. Personal conflicts simply get in the way of our goals.