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Thread: Min betting is for wusses...

  1. 06-07-2015, 01:37 PM #1
    Cloudstreets7087
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    Min betting is for wusses...

    Broke even at the casino this morning. Only made $200 yesterday. Hit a couple good counts and the variance gods nearly decimated my stack.

    Then there's the people that sit down with $100 just enough for 4 bets and plop the whole amount down. Win. Win again. Then they start putting 50 bucks in the exact match circle and hit exact matches. Now they're collecting black chips. And so it goes. Me min betting watching the count go nowhere fast bleeding to death one min bet at a time and the guy next to me won't let the relief dealer come in because the current dealer is dealing a hot shoe.

    After a couple shoes, I'm exhausted just getting my stack back to where I bought in and the guy next to me walks away with a pocket full of purple chips because they insisted on sitting at third base so they can guide the destiny of the table.

    Just a rant. Next weekend may workout better.
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  2. 06-07-2015, 02:24 PM #2
    ZenMaster_Flash
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    Hmmmm ? You "only" made $200 ?

    Not only is your attitude less than optimal,

    but your silly rant re: lucky ploppies suggests

    that you haven't embraced the Law of Large Numbers.
    Last edited by ZenMaster_Flash; 06-07-2015 at 02:26 PM.
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  3. 06-07-2015, 03:08 PM #3
    Cloudstreets7087
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    Quote Originally Posted by ZenMaster_Flash View Post

    Hmmmm ? You "only" made $200 ?

    Not only is your attitude less than optimal,

    but your silly rant re: lucky ploppies suggests

    that you haven't embraced the Law of Large Numbers.
    I'm fully aware these people lose in big numbers as well. It's only human to feel a level of frustration after so much reading and practice and so-so counts to watch someone win a couple grand because they parked in their lucky parking spot outside.

    It it takes discipline to keep min betting while that is going on. So trust me. I'm embracing.
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  4. 06-07-2015, 03:37 PM #4
    Avincow
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    Quote Originally Posted by Cloudstreets7087 View Post
    I'm fully aware these people lose in big numbers as well. It's only human to feel a level of frustration after so much reading and practice and so-so counts to watch someone win a couple grand because they parked in their lucky parking spot outside.

    It it takes discipline to keep min betting while that is going on. So trust me. I'm embracing.
    be happy that ploppies get lucky from time to time. when it comes your time to get 'lucky', the pit will be disinterested when you walk with purple chips.
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  5. 06-07-2015, 03:45 PM #5
    Cloudstreets7087
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    Quote Originally Posted by Avincow View Post
    be happy that ploppies get lucky from time to time. when it comes your time to get 'lucky', the pit will be disinterested when you walk with purple chips.
    Thats very true. I've become pretty good at keeping count and "fist bumping" others at the table when I hit the big bets. Looking like a ploppy. There's something uniquely satisfying in betting because you know probabilities have shifted rather than the "crazy Ivan" approach. Bet double at the bottom of the hour.
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  6. 06-07-2015, 06:06 PM #6
    Stealth
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    Quote Originally Posted by Cloudstreets7087 View Post
    Broke even at the casino this morning. Only made $200 yesterday. Hit a couple good counts and the variance gods nearly decimated my stack.

    Then there's the people that sit down with $100 just enough for 4 bets and plop the whole amount down. Win. Win again. Then they start putting 50 bucks in the exact match circle and hit exact matches. Now they're collecting black chips. And so it goes. Me min betting watching the count go nowhere fast bleeding to death one min bet at a time and the guy next to me won't let the relief dealer come in because the current dealer is dealing a hot shoe.

    After a couple shoes, I'm exhausted just getting my stack back to where I bought in and the guy next to me walks away with a pocket full of purple chips because they insisted on sitting at third base so they can guide the destiny of the table.

    Just a rant. Next weekend may workout better.
    Actually, a great table to play with cover provided by the civilians!
    Luck is nothing more than probability taken personally!
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  7. 06-07-2015, 07:30 PM #7
    stopgambling
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    These thing happens everyday to card counters all over the world . The game should be relatively boring ,then you are doing it right.IMO What is exciting is when you are gambling , such as putting 10 % of your bank on a hand of bj and hope to win 5-10 of them HANDs! My kind of excitement comes from getting next card info ,DE/Steered ace/Glimpse of a HC ,dealer accidentally exposed hole card with a max bet out.
    Last edited by stopgambling; 06-07-2015 at 07:33 PM.
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  8. 06-08-2015, 07:54 AM #8
    ZenMaster_Flash
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    Thumbs up

    Stopgambling,

    You said: "…     putting 10 % of your bank on a hand of bj ..."

    Surely you are not suggesting anyone do that without

    actually KNOWING that a Face or Ace is their first card.
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  9. 06-08-2015, 07:13 PM #9
    stopgambling
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    I am being sarcastic . The excitement from gambling( not having certainty) vs counting( grinding out a profit) is for people that want excitement rather than profit.

    Quote Originally Posted by stopgambling View Post
    My kind of excitement comes from getting next card info ,DE/Steered ace/Glimpse of a HC ,dealer accidentally exposed hole card with a max bet out.
    , even with a known face/Ace the number was 5% of bank for an ace( i hope i did not misunderstood)
    Last edited by stopgambling; 06-08-2015 at 07:21 PM.
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  10. 06-08-2015, 09:54 PM #10
    Lancehac
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    Quote Originally Posted by stopgambling View Post
    I am being sarcastic . The excitement from gambling( not having certainty) vs counting( grinding out a profit) is for people that want excitement rather than profit.

    , even with a known face/Ace the number was 5% of bank for an ace( i hope i did not misunderstood)

    Didn't Grosjean say 42.08% of BR for a known ace???!
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  11. 06-09-2015, 04:54 AM #11
    stopgambling
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    I would think one would have a serious problem with ROR betting 42% for a known ace. EV IS NOT EVERYTHING. I thought he said it only for theortical reason. I really do not think he implied one should bet 42% of their bank on a known ace.
    Last edited by stopgambling; 06-09-2015 at 04:57 AM.
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  12. 06-10-2015, 11:08 PM #12
    NotEnoughHeat
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    Quote Originally Posted by stopgambling View Post
    I would think one would have a serious problem with ROR betting 42% for a known ace. EV IS NOT EVERYTHING. I thought he said it only for theortical reason. I really do not think he implied one should bet 42% of their bank on a known ace.
    Hmm, 42% appears to be a fully kelly at first glance, can anyone confirm. What's the variance like for a known ace? I assume it's in the ballpark of the variance for blackjack in general. I would also imagine that ASers would also like to leave a bit more of a margin of error than making all their calculations as if they knew with 100% certainty what the next card was.
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  13. 06-11-2015, 06:18 AM #13
    Three
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    Quote Originally Posted by NotEnoughHeat View Post
    Hmm, 42% appears to be a fully kelly at first glance, can anyone confirm. What's the variance like for a known ace? I assume it's in the ballpark of the variance for blackjack in general. I would also imagine that ASers would also like to leave a bit more of a margin of error than making all their calculations as if they knew with 100% certainty what the next card was.
    42% is the advantage to knowing an ace is coming not the RoR (I thought it was 52% but my memory may be inaccurate). Full Kelly is 13.5% RoR.
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