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Thread: Won 25 of 28 trips

  1. #1
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    Won 25 of 28 trips

    Cant seem to lose. I stopped at a nice share count on my stock and started to focus mainly on blackjack. Took a 2500 bankroll + my daily job and grew it to about 7700 right now within 6 trips and two weeks of work. Yup time to prove to all of you, that i got what it takes. The only reason before I didnt grow it was because I played with a small trip bankroll each time due to lack of a decent job and putting all my money into my stock, so when I went to play and won I would then put it all back into my stock and therefore could never grow the bankroll organically. Yes, the winning streak dates back to when I was playing with a small trip bankroll and dumping it into my stock. But now with my focus mainly on blackjack, my bankroll is already at 7700 in 6 trips and am sizing up my bets accordingly. I mainly pure wong with an occasional aggressive off the top wong out at TC -0.5. This is only to see if I can catch an early high count and have the table to myself so I can play a high speed game, but if count tanks early on to about -0.5 TC, im outa there. The pure wong strategy that Im using is jump in at +1 and out at 0 or 0.5 depending on the conditions(crowded table and pen). Im also sure all of you know by now, Im utilizing Halves with Full indices and the games I play are all S17, DAS, LS, with about 81% pen, 8 deck shoes.

    25 out of 28 winning trips, pretty good ratio huh? Back and better than ever. Plan on growing this to 100k within 1 year. I doubt variance will hold me back much when all I do is pure wong the hell out of games. Also the stores I play at never give me any heat whatsoever, and I never play rated. Don't remember the last time I gave up a card, maybe like 2 years ago. There are a lot of tables where I play at and I find new tables to backcount within 5 minutes at the most, so im always moving around and finding new tables. Seems like a pretty good combination and I plan on killing it for the rest of the year and finally getting a legitimate bankroll. Also after my stock goes through the roof, ill have a REALLY good bankroll. Life's good.
    Last edited by ZenKinG; 08-20-2015 at 05:47 PM.

  2. #2
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    That's great ZK. You have some pretty high goals. I suspect you will get there but probably in more time than you think and with a few spats with negative variance. Hopefully their timing will be good to allow steady BR growth. You are young so time is on your side. Good luck.

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    From my experience, high variance doesn't happen in the low counts. You should be able to play with a great RoR though.

    Good luck to you, your plan sounds solid. Don't forget this feeling if/when the losing streak comes around.

    Sent from my HTC6525LVW using Tapatalk

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    Out of curiosity what level are you playing? Very impressive run, keep it up.
    There is no glory in practice, but without practice there is no glory . -Unknown

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    Quote Originally Posted by Orangechip2 View Post
    Out of curiosity what level are you playing? Very impressive run, keep it up.
    my current spread is 2x25 - 2x125. I started with 2x15 - 2x60. Im now thinking of going to 2x30 - 2 x 150. Let's not forget I have a replenishable bankroll of about 600 cash every week so im upsizing my bets with a little aggression. Looking at CVCX the risk is pretty low with a 7700 bankroll and pure wonging at +1 and out at 0.

    The whole stock market thing really slowed me down and im kind of kicking myself, because if I just took the money I have in it right now I could have a really sizeable bankroll, but I figure i will continue to take a shot at that stock as positive Phase III data is right around the corner, which im looking to flip for really good profit. Im down about 4% on my investment which is nothing, but Im more mad about the fact that the money has just been sitting there and has kind of been dead money. Of course there could be a delay or even negative data as you never know with small biotechs, whichthen ill try to sell as much as I can and move solely to blackjack. But from my extensive due diligence on the stock, there's a really good chance the data comes back flawless. The tech has already been proven in the past and this is more of a run around to protect the FDAs back after the tech being on the shelves for such a long time.

    Let's see how it goes for now, but im pretty optimistic now that I can finally grow my blackjack BR organically with the help of my job on the side as well, and with no more funds going into the markets, but solely towards blackjack.
    Last edited by ZenKinG; 08-20-2015 at 05:42 PM.

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    Quote Originally Posted by Tthree View Post
    That's great ZK. You have some pretty high goals. I suspect you will get there but probably in more time than you think and with a few spats with negative variance. Hopefully their timing will be good to allow steady BR growth. You are young so time is on your side. Good luck.
    Appreciate the advice. Yes my schedule is a little aggressive and it might take longer, im just hoping i can get to 20-30k quickly so i can up my bets with low risk, where I can then make a really good hourly EV. Im thinking of maxing out at around 2x250 as that is usually the general choke point for most stores. I figure If I could stay under that threshold, I should be fine heat wise as long as my sessions stay short, play unrated, and play only shoe games, I should be able to last for a long time. Once I hit 2x200, I plan to start using up some cover, but when I say cover, I dont mean cover plays, as those are vastly over rated. If you're getting heat, you're already doing it all wrong, and a couple cover plays wont trick the EITs. My cover will simply be psychological and manipulative. If I could do all of this and given the continued positive variance, it can build very quickly. The reason I'm not too worried about the negative variance is because the money im making from my daily job each week should cover up the swings pretty well.
    Last edited by ZenKinG; 08-20-2015 at 05:30 PM.

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    If the news release is good news it will cause a spike in prices that day. I don't want to tell you when to sell but research when the peak usually hits. The stock will drop back down to about its current value of time. With penny stocks you need a buyer which a buyer rich environment is causing the spike. If nobody wants to buy it can be hard to sell your stock. So look at how a news driven spike tends to go and plan a sell point before the stock starts to fall. Once it starts falling buyers are hard to find. You have a lot of smart profit takers that have sold near peak and are either moving on or planning to buy again when the stock falls back to its proper value.

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    Quote Originally Posted by Tthree View Post
    If the news release is good news it will cause a spike in prices that day. I don't want to tell you when to sell but research when the peak usually hits. The stock will drop back down to about its current value of time. With penny stocks you need a buyer which a buyer rich environment is causing the spike. If nobody wants to buy it can be hard to sell your stock. So look at how a news driven spike tends to go and plan a sell point before the stock starts to fall. Once it starts falling buyers are hard to find. You have a lot of smart profit takers that have sold near peak and are either moving on or planning to buy again when the stock falls back to its proper value.
    Yea I plan on flipping it hard. Ive learned a lot from my mistakes and how to value a company. The share structure is pretty bad, as is with many small R&D companies who try and raise cash. I was a novice at the time it peaked hard all the way to .97 and I never sold. I was planning to sell if it got to about 1.20, but it never came only to watch it fall all the way back down. Im about even on my investment, and in the next two months its really gonna be make or break with the Phase III data. Ive also thought about just taking out the money right now and buying back in after approval. Because it's the OTC markets, there's no premarket like NASDAQ or NYSE, so how much would I lose by just buying back in at the ASK once data comes back positive? A couple of cents? To me it would be worth it playing it safe like that. I guess the risk would be, that no one would be selling at all at that time if data comes back flawless and would be hard to buy back in a huge position.
    Last edited by ZenKinG; 08-20-2015 at 06:23 PM.

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    Nice. Keep growing, nothing to it but to do it !
    Not to get off topic, but what kind of money do you have in the stock market and are you a long time contributor to your stock fund(s)? You mentioned a 4% loss, but if your dividend is say 4 or 5x higher than that 4% loss yearly you may still have a money maker on your hand and not know it. Id take losing 4% of $100 bucks yearly to make 25% of my $96 remaining. But I see where your going, your looking at it as the money youve been contributing to your stock plus the $600 weekly increase to your roll will be more beneficial.
    There is no glory in practice, but without practice there is no glory . -Unknown

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    Zenking,

    Thanks for your post! It gives me some inspiration!

    Your approach is very similar to mine. I use hi/lo with 30+ mostly positive indices. For the last two years or more I have always wonged into games. I started this approach on the 8 deck game available to me and eventually on the 6 deck game as well. I only have two casinos within driving distance.

    I started with a six figure bankroll in 2012 playing full shoes, play all and blew most of it. Once I started just back counting, it made a difference for a short time especially at the 8 deck store. Eventually, I found myself playing positive shoes and getting pummeled to a point that I could not longer continue full time. Now like you I have been going to the casino with only $600 from work hoping to rebuild. I have focused on the six deck game, and still I have not been successful. Again I have faced a few shoes this year with high counts and some good penetration only to be almost wiped out. I have only had one positive month. Now I am taking a break to catch up on bills and build a better bankroll such as you did. Going in with $5/600 at a time is banking against RoR.

    So, my tale is a cautionary tale! I applaud your recent success. I hope it continues. Still, keep your hopes in check and aim for more modest goals. Hitting 100k in a year is the dream of many but only a few actually get there. For that to happen, as you may know, you would have to play full-time. I don't recommend to anyone to play the game full-time. Keep your day job!

    I recommend finding a partner. I feel that if I had had a friend with whom I could work the tables, I would have been successful. A second pair of eyes backcounting will make a big difference! You will spend less time standing around waiting for a good count.

    I recommend waiting for at least TC2! TC1 can easily disappear in one round of cards leaving you in the awkward position of jumping out of a shoe you just started. That looks strange to floor personnel.

    Good luck! I hope I can find the success that you have had recently!

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    HalBruno
    ,

    You neglected to mention "Twin River" as the 3rd store in your neck of the woods.

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    WOW, Hal. I would examine my game hard because it sounds like you have some issues with it. Blowing a 6 figure BR and losing consistently. Perhaps you have crap games to play. ZK described the best shoe games out there. Something is not right there. Perhaps mistakes or lack of discipline. Only you would know. Inspiration that continuing on your path will have different results may be the worst thing for you. Finding out why you have such woes at the tables is what you are tasked with. Are you playing some crappy no hole card game or other high house edge crap? I would have quit a long time ago if my results were like yours. You may have a gambling problem.

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    Sounds like he's been bouncing back-and-forth from the DD game at GN and the monster shoes in Wild Wild West !

    Better Cards
    There is no glory in practice, but without practice there is no glory . -Unknown

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