I definitely hear and understand what your saying. I think most of the time on this forum people think I don't have a clue and I understand that too.
There is a level of expediency with regard to building my bank roll. Not sure how else to put that. You get to a point in life where you just know your not worth more than what you get paid at your job. You think about how you have more years behind you than ahead and it's then that you know the only person that can change it is yourself.
I have always been very conservative by nature. Most likely to a fault. So it was quite a trip outside my comfort zone to even try blackjack. But I studied and practiced on sims for a long time and I have been playing now for about 9 months.
I never buy buy in more than once. So, for $50 tables I bring 2K and buy in for 1K. The extra 1K is in case I reach Max bet and I have to split than double or something like that. It's happened before.
If if I bust. I'm done for the day. If I'm down at the end of a shoe, I will battle it out until it's gone or until I break even and then leave. Count dependent of course. If I'm up at the end of a shoe, I leave. This is where I personally have to change. My session times are anywhere from 20 minutes to 3 hours. I need to stay longer if I'm doing well.
So I've come up with some rat hole rules to keep me going and still leave with profit after longer session times.
This is is not AP stuff. I know it. I'm using counting and the rest is just strict playing rules to keep me on the positive in my bank roll.
Danger Will Robinson - Danger
The level of expediency you mention will greatly assist you in decimating your bankroll.
Your half way through a shoe, count goes through the roof, and you've tapped out after 1 or 2 max bets. Don't be in a hurry - show patience and bet stakes appropriate for bankroll. You are absolutely going to crush yourself using your definition of 2k trip bankroll on $50 min.
Also ignore the joker somewhere in this thread who is essentially saying to throw caution to the wind. I believe his handle is some non circumcised version of another well respected poster around here. If you do throw caution to the wind, I wish you good variance.
Last edited by Freightman; 06-27-2015 at 09:40 PM.
again, everyone doesn't have the same risk tolerance, SCARYman....simple balance between what HIS goals and risk tolerance are...NOT YOURS....only HE can determine what RISK HE IS COMFORTABLE....any "so called" respected pro WILL TELL YOU THE EXACT SAME THING.....IT IS UP TO WHAT HE IS COMFORTABLE WITH IN TERMS OF RISK, NOT YOU
A cursory review of your posting patterns indicate that you have nothing to little of value to contribute. Not withstanding your crude disrespect of my handle, you have failed to interpret the statement by the poster in question. If you read his posts, He's already been knocked back a couple of times by the certainty of statistical principles. Now, he may get lucky - however - if he continues on this path, he will likely be decimated. He is not sufficiently bankrolled for the stakes that he plays - hell, he is not even sufficiently bankrolled for a session bankroll. His limited session bankroll approach will force him out out of profitable situations. Now, your comments may be suitable for some situations, however, your temerity in encouraging an individual to commit financial suicide is outrageous.
As for your condescending banter, your useless commentary may well be welcomed elsewhere. I certainly won't put up with your bullshit.
you simply need to learn how to read and comprehend....please show me ONE instance where I ENDORSE his stakes and/or strategy.....PLEASE FIND MY JUST 1 INSTANCE...i was simple TEACHING you that ROR is based on the INDIVIDUAL's GOALS AND RISK TOLERANCE....NOT SCARYMAN's....this 'discussion' IS OVER!!
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