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Thread: After 3 years, I am funded for my journey

  1. #1
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    After 3 years, I am funded for my journey

    I want to give some brief background and then ask several questions related to my quest.

    I played blackjack for my first time at age 18 on a cruise ship CSM. Before ever playing I looked up basic strategy, but didn't have it down perfectly. I played several hours at ~$5 and won $60 by the time we disembarked. Beginner's luck I guess.

    Over the next few months I studied basic strategy and looked into card counting; I was hooked. I took my first counting trip from my university in Los Angeles (one of the two big ones) to Barona in San Diego and played terribly, making count-based deviations way before their proper index was reached, spreading $5-$20 on a 6 deck H17 game (lol), etc.

    Over the next couple years I learned more and more, practiced more, and took advantage of other edges in blackjack that were not strictly count based. I won more than I lost.

    I then devolved into simple comp counting, particularly on the Las Vegas strip when I would take trips with friends and such. I'd pepper in some decent spreading when there was a cheap game available, and was backed off and flat bet a total of 2 times, both in Nevada, when I played marathon sessions. Otherwise I'd play $25 double deck games at MGM properties, flat betting or spreading 1-2, counting all the while in order to make index plays, wong out when the count would dive during the first .5-1 decks, etc. I saw some big swings, but ultimately left Vegas after many trips down a bit, not factoring in my comps (remarkably close to rough estimation of expectation).

    In the last month I have started working my first REAL full time job, and it is on the east coast. I am now properly funded and can devote 10k to a bankroll that replenishes. I would like to make at LEAST $15/hour counting, maybe 10-25 hours a week. I have two primary casinos within less than 30 minutes from my work that I could visit on weekdays, and several others that are within 90 minutes that I could bounce around to on weekends. They are mostly s17 das LS games at $15 and $25 minimums, 6-8 decks.

    What is the best strategy?
    Sims tell me that with a 10k roll, the aforementioned rules and 75-80% penetration that is prevalent and 13% risk I can make ~$20/hour before factoring in wonging and counting two tables (I use hi lo i18 + a few other indices). When I add in a plan to wong in at +1 it goes up to ~$30/hour

    I think I may rotate the two 30 minute casinos, for 1-2 hours each night, then take weekend trips and play 1-2 hours at each of the further casinos on weekends. I could spread up to almost $200 and stay at 13% risk, if I am wonging out aggressively.

    I would assume even just an hour or two each night at these places at such a bet level would earn substantial comps. I should play with a card, correct? Keep in mind that an hour or two is total spent IN the casino. If I am sitting there and backcounting two tables that have miserable counts, I will not be playing, which seems to limit my exposure.

    I also have a bigger question. I have an option to take on an investor on the front end that would match my 10k contribution. Should I entertain this possibility? I hesitate because I am already replenishable, and would have to pay some percentage of wins to him (what is even reasonable for a sideline investor to expect as his return?). I also hesitate because playing with other peoples' money is more stressful.

    I may think of more questions but any help is appreciated.

  2. #2
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    Quote Originally Posted by FalseCount View Post
    "I have an option to take on an investor on the front end that would match my 10k contribution. Should I entertain this possibility? I hesitate because I am already replenishable, and would have to pay some percentage of wins to him (what is even reasonable for a sideline investor to expect as his return?). I also hesitate because playing with other peoples' money is more stressful."

    Give him 40% of the profit; having him assume 60% of the losses

    (all on a per day basis) then you will have a sufficient motivation.


    With a combined 20K bankroll, you are only marginally set to play

    a $25 game, since
    you are using a Level One Ace Reckoned count.





  3. #3


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    If your current 10k roll is replenishable , then what is the replenishable dollar amount per month is it replenishable by?
    Example, current 10k bankroll replenishable by 1k per month.

    10k + (12 months X 1k per month) = 22k equivalent bankroll. If you lose 1k ir more, your revised bankroll is the amount left over - until next month, when you add 1k and redo your new bankroll calculation. Use caution, and make sure you're good enough before trying this.

    Don't need the investor now.

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    Quote Originally Posted by ZenMaster_Flash View Post

    Give him 40% of the profit; having him assume 60% of the losses

    (all on a per day basis) then you will have a sufficient motivation.


    With a combined 20K bankroll, you are only marginally set to play

    a $25 game, since
    [COLOR=#000080] you are using a Level One Ace Reckoned count.


    As an investor, I would want to see records of prior performance, to I insure that I get a certain safety margin for my investment. I'm not sure that OP is proven yet as an acceptable risk.

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    Quote Originally Posted by Freightman View Post
    "I'm not sure that OP is proven yet as an acceptable risk."
    Almost obviously, the O.P. found a ploppy who IMAGINES that he is being offered "money-in-the-bank."

    There is not a hint in the O.P.'s post that he has the bona fide credentials to gamble with the funds of others.

  6. #6
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    Quote Originally Posted by Freightman View Post
    As an investor, I would want to see records of prior performance, to I insure that I get a certain safety margin for my investment. I'm not sure that OP is proven yet as an acceptable risk.
    Do note that I am asking advice from the perspective of the player, not the investor. The investor will never see this thread, so your suggestion is largely irrelevant.

    Obviously my post has done little to demonstrate my ability to count effectively and profitably, but once again, I am not searching for an investor, only stating that I already have one, and inquiring purely from my perspective whether or not I will benefit from entering into such a partnership.

    The civilian understands a surprising amount re advantage play, and realizes that 10k invested anywhere is subject to substantial risk.

    Counting two tables is something I would never be able to do accurately if I were to adopt a level 2+ count. I would rather use an ace reckoned count and use my side counting ability for the next table over than devote all my attention to my primary table. Reducing max bet and playing far more hands in beneficial counts makes sense for me, but to each his own.

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    Try out your plan using cvbj.
    Maman died today. Or yesterday maybe, I don't know.

  8. #8
    Senior Member bigplayer's Avatar
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    Quote Originally Posted by ZenMaster_Flash View Post

    Give him 40% of the profit; having him assume 60% of the losses

    (all on a per day basis) then you will have a sufficient motivation.


    With a combined 20K bankroll, you are only marginally set to play

    a $25 game, since
    you are using a Level One Ace Reckoned count.





    That investor is fucked.

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    Most of us at some point, due to variance, lost a ton of money (or more Han half the BR, requiring us to lower our bet size and work it back up. However, there are those who lost a series of big bets, saw that playing at lower levels was harder now that you had sat at the big boy tables, attempted to play at the same levels and lost it all or quit before all was lost.

    its to early. Talk after a year of playing at the $25 tables.

  10. #10


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    Quote Originally Posted by moses View Post
    ...and the hits just keep on coming. Hey Joe, I noticed you won some money playing B'S out of a 6 deck shoe. I'm not happy with my rate of return so let me give you 10 grand to Play for me. Really? People that can drive cars, know how to order from drive thru, do this? My luck I'd catch kj on the night he lost 20 grand.
    miss KJ. I just wish he would not get so pissed off when folks promote a multi level count.

  11. #11


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    Quote Originally Posted by ZeeBabar View Post
    miss KJ. I just wish he would not get so pissed off when folks promote a multi level count.
    I don't. He turned into a maniacally singularly focused primadonna pain in the ass, damaging those indivuduals he professed to protect.

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    Did he ever come over to this site?

  13. #13
    Senior Member Jabberwocky's Avatar
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    KJ now resides in the outliers of time and space.

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