Went with two other players who were not counters, but had deep pockets.
$100 table
My Buy In: $2,000.00
Player 1 Buy In: $10,000.00
Player 2 Buy In: $10,000.00
3 shoes of play.
My profit: $1800.00 + $1000.00 commission from 2 players ($500.00 ea.) Total profit = $2800.00
Player 1 Profit: $12,000.00 - $500.00 commission = $11,500.00
Player 2 Profit: $10,200.00 - $500.00 commission = $9,700.00
Went well. No heat.
What are you talking about? I can only assume commission means you charged your friends and then told them what to bet and how to play? You won't get away with that for long. Furthermore, it likely was a losing proposition for them. Even winning what you claim, I doubt they racked up $500 EV. (hard to say without knowing all the details of game and how you 'attacked' it).Originally Posted by Cloudstreets7087
They know how to play. They play often and play perfect basic strategy.
It has been my observation that the more disposable income an individual has, the less interested they are in learning counting strategy.
They are friends of mine and we went together. They know I count, but don't really know what that means in terms of my play. So, I told them if they see me make a bet of $800 or more, they are free to make whatever they feel is their max bet. They told me if at least $5K in their profits were from max bets based on my play, they would each give me a purple chip.
They played like many high rollers do. Bets all over the place, but they were consistent in betting their personal max whenever I did. So, I got 2 purple chips out of it and they were happy. Not conventional team play, but I seized an opportunity to make some additional money to keep my bank roll moving.
Well, I stand by my statement that they likely did not earn $500 in EV and if they did, they gave the majority of it to you.
Furthermore, 2 players, let alone 3, raising and lowering wagers in unison is about the worse thing you can do.
And finally, if you were making max bets of $800, I hope you brought a hell of a lot more than $2000 with you.
It is not a joke, but true events that happened yesterday evening as I went out with two friends to a local store. They were more than suspect that card counting has any validity. So, I made a deal with them and they agreed. So, not team play in the conventional sense.
Ok, let me try to explain it this way. Your arrangement was similar to a sportsbook 'tout' guy. You took a percentage of the win, but that amount was far greater than the 'expected value' of the wager. While it works out short-term after a sporting wager win, or in your case a BJ session win, this is a long-term losing proposition for the sports bettor, or in this case your friends.
But good luck to all of you going forward.
It was just an outing with my friends and an interesting story where counting cards produced a good session result. It is unlikely we will have this opportunity again or that they would want to participate in this same deal. They are "bottom line" style players. I don't think they especially care about EV. One guy had $21,500.00 in their pocket and the other guy $19,700.00. I left the casino before they did. They probably lost it all playing roulette or something.
I got them to pay me $500.00 ea. So, it was a nice bonus.
How am I not being "chill"?
What anyone won is absolutely irrelevant to the conversation. The OP labeled this a team play..."first team effort", which it most definitely was not an AP team play. If anything it compares more to a scavenger play type situation except the OP was taking advantage of non AP players that he considers friends. With friends like that......
it IS scavenger...agreed..."associating" with high rollers can actually EXTEND longevity...and betting $800 with a $2k buy in is NOT uncommon at all in HL roomsHow am I not being "chill"?
What anyone won is absolutely irrelevant to the conversation. The OP labeled this a team play..."first team effort", which it most definitely was not an AP team play. If anything it compares more to a scavenger play type situation except the OP was taking advantage of non AP players that he considers friends. With friends like that......
Last edited by Sharky; 06-24-2015 at 11:04 AM.
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