Session Bankroll - Doubling and Increasing Bet

[mushin]

From the standpoint of a under banked player would what are your thoughts on the following as a way to try to rapidly increase the bankroll.

Lets assume that a player is starting off with $1000 which is essentially their session bankroll. Over the course of play they now have $3000.
They want to leverage their wins and try to up their bets by taking session bankroll to $2000.00. They prefer to not to loose all $2000 but are aware that they could.

Since they have essentially tripped their starting amount how can they best use the $1000 or the whole $2000 to try to get a bigger bump in their bankroll. (Obviously with a ROR increase)

Game would probably be an 8 deck game H17 DAS NS with 75 to 85 pen. $10 or $25.00 min.
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All that being said in general what are some strategies that can be used to try to quickly boost up a bankroll.

[muckz]

You may have better odds putting your entire br on one hand rather than try to play with a 90% ror.

[mofungoo]

CVCX should give you the sort of information you need, and for various game conditions too.

[Orangechip2]

From the standpoint of a under banked player would what are your thoughts on the following as a way to try to rapidly increase the bankroll.

Lets assume that a player is starting off with $1000 which is essentially their session bankroll. Over the course of play they now have $3000.
They want to leverage their wins and try to up their bets by taking session bankroll to $2000.00. They prefer to not to loose all $2000 but are aware that they could.

Since they have essentially tripped their starting amount how can they best use the $1000 or the whole $2000 to try to get a bigger bump in their bankroll. (Obviously with a ROR increase)

Game would probably be an 8 deck game H17 DAS NS with 75 to 85 pen. $10 or $25.00 min.
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All that being said in general what are some strategies that can be used to try to quickly boost up a bankroll.

I'm sure Simi will have a good reply for you here soon.

But I would think the obvious answer would be color up mostly blacks and go back count a game in play and come in with 2 slightly larger than normal big bets on say +2TC.

[NotEnoughHeat]

I don't see why you would change your strategy based on how you're doing that session. Sure, there's there might be a positive psychological effect but when it comes down to the nitty gritty numbers if you want BR growth why not just take on a larger risk ramp closer to full kelly?

[bigplayer]

There are several articles in the BJ21 Archives regarding "The Hail Mary Bankroll" An example would be to start off betting at 2 Kelly or even 3x Kelly. If you bust out (not surprising) you wait until you build up another seed bankroll and try again. If you get lucky and win (and it will happen) just maintain the same betting level until your Kelly Fraction drops to 2/3 Kelly then begin regular resizing back up to 3/4 Kelly each time your bankroll causes your risk to drop to 2/3 Kelly, once your bankroll is at a healthy level you could then choose a far less risky betting scheme like 1/2 Kelly or lower.

[mushin]

There are several articles in the BJ21 Archives regarding "The Hail Mary Bankroll" An example would be to start off betting at 2 Kelly or even 3x Kelly. If you bust out (not surprising) you wait until you build up another seed bankroll and try again. If you get lucky and win (and it will happen) just maintain the same betting level until your Kelly Fraction drops to 2/3 Kelly then begin regular resizing back up to 3/4 Kelly each time your bankroll causes your risk to drop to 2/3 Kelly, once your bankroll is at a healthy level you could then choose a far less risky betting scheme like 1/2 Kelly or lower.

Very good information. This is probably a good thing for an under banked player with a revolving bank to look into.
The advice from orange chip about back counting from orange chip is also good. By taking say $1000 or $2000.

One thing I was thinking is figuring out how to best ensure that your +- 3SD amounts would typically fall within the +/- $2000 range and set your bets according to that.

[bigplayer]

Sometime the Hail Mary cab be as simple as taking a $100 bill once a week and putting it on a single number at roulette. If it hits you've got a $3500 instant bankroll. I've had some monster runs many times so keep trying for flux often enough and eventually you'll hit one and have a usable seed bankroll. But don't quit your day job, you'll need it.

[DSchles]

"If it hits you've got a $3500 instant bankroll."

No, you have a $3,600 instant bankroll! :-)

Don

[moo321]

Why are you using session bankrolls at all? The only reason to do that is if you have huge amounts of cash and you don't want to get robbed of all of it.

[mushin]

Why are you using session bankrolls at all? The only reason to do that is if you have huge amounts of cash and you don't want to get robbed of all of it.

Just to clarify this is a hypothetical scenario. I guess it is not a session per say be really more of a scenario where you have started with $1000 and now have $3000. The Initial $1000 investment is "safe" and the player wants to grow the $2000 as fast as possible.

[Bodarc]

If you can add money weekly or monthly to your bankroll, you can increase your "effective bankroll" as bigplayer suggested by using the method described here: http://www.bj21.com/bj_reference/pages/9719.html or in Blackjack Attack. This will require 'patience' and afford you a reasonable ROR if you use optimum betting, however, it will give you the fastest 'safe' way to grow your bankroll if you combine it with lots of scouting and wonging.

If you don't have a renewable br, the fastest 'safe' way to grow your bankroll is to study for methods that give you a better advantage and scout until you find a good opportunity. This of course requires 'patience'.

If you don't have any 'patience', then you just want to use the Dusty Springfield method of 'Wishing and Hoping' you have a lucky run at variance. This is better known by the name of 'Gambling" and then my good friend muckz's suggestion of just taking the amount you are willing to lose, back count a game and 'let it ride!' will work just as well as any other.

There is really no difference in the 1,000 and the 3,000. You once had 1,000 but now you have 3,000 and it is your money. Why would you risk losing 2,000 of it?

[Three]

There is really no difference in the 1,000 and the 3,000. You once had 1,000 but now you have 3,000 and it is your money. Why would you risk losing 2,000 of it?

This.^