Which casinos in which state should I go if I try to make money?

**chang04133** · 01-07-2013, 07:42 PM

Well, my budget is fine. I have over 50k to spend, and losing it all is not so much problem, (although it will probably hurt my heart so badly)
I am planning to spread 25 to 400.
Which casinos in which state AP players recommend? I don't want to go to small casinos, for counting at those place will create so much heats from pits.
Thanks in advance.

**Goatlife** · 01-07-2013, 08:24 PM

have you ever counted before in a live casino. In the month of May i tried to start with a similar bankroll. I was quickly humbled and lost about 30 percent of my bankroll and thought about quiting. I then took some time off from the casinos and practiced practiced practiced till i learned full index and a different count. Using a different count did not matter as much but was important that i had a better understanding of the game and the "swings" involved. I then have had some positive variance ever since and have fully recovered and I am within 10% of my EV. If I could start over I would start with a smaller bankroll for the first 100 hours and get a feel if you are completely new. That is by far more important than where to play but I would rate where to play as #2

I think the biggest think when you start is learning how to control your emotions not what count you use. with 400 as a top bet be prepared to lose 10k or more if you play 15 hours on a weekend. It might not happen off the bat but it will happen at some point.

**chang04133** · 01-07-2013, 09:24 PM

i am spending 4~5 more months before entering the casino.

**Goatlife** · 01-07-2013, 09:41 PM

still, after you practice for 4-5 months you should red chip it up for a min of 50 hours to get a feel of live play. Ask other besides me and see what they say

**shadroch** · 01-07-2013, 09:59 PM

You got 50k to blow. Put $45K in a CD. Take $3,000 to cover your expenses and $2,000 to play with. Play nickles with a $5-$40 spread until you double your bank. Then play $10-$80 until you double it again. Then you are ready.

**chang04133** · 01-07-2013, 10:22 PM

Yea I think that is what i am going to do. getting an experience. Btw Putting CD sucks. You will only gain ~1% income annually, according to current banks' interest rate.

**Smartpart** · 01-08-2013, 12:56 AM

Originally Posted by chang04133

Yea I think that is what i am going to do. getting an experience. Btw Putting CD sucks. You will only gain ~1% income annually, according to current banks' interest rate.

Will keep you from touching it.

**bigharryonion** · 01-08-2013, 05:25 AM

if anything you should put in a money mutual fund because then if you double your bank roll and double it again in less than a year which is probably what you would put your CD for then you can easily withdraw the funds in 6 months, 7 months, or 9 months and 3 weeks. yea its still a crummy return, but it will be out of sight and out of mind when you lose your entire session bankroll on one shoe which is completely possible.

**moo321** · 01-08-2013, 06:54 AM

I would not recommend jumping right into green chip play. Start off at low stakes. No matter how much you practice on the kitchen table, you will make all sorts of mistakes when you first get into the casino.

**BookerPA** · 01-08-2013, 08:23 AM

Originally Posted by shadroch

You got 50k to blow. Put $45K in a CD. Take $3,000 to cover your expenses and $2,000 to play with. Play nickles with a $5-$40 spread until you double your bank. Then play $10-$80 until you double it again. Then you are ready.

Very sound and inexpensive advice. If you desire a little better return, check out this link for PPL. At current market price, annual return is 4.9%.

http://www.pplweb.com/investors.aspx

**chang04133** · 01-08-2013, 08:45 AM

Thanks for the advise guys. As I told them before, losing fifty grants for me is not severely an issue for me, because my family is wealthy enough to cover that expense. The fifty grant that my family is giving to me is a sort of test whethe I am eligible to make a certain amount of profit with that much money. For sure though, losing it all will cost more than losing fifty grants for me.

**Goatlife** · 01-08-2013, 08:51 AM

Originally Posted by moo321

I would not recommend jumping right into green chip play. Start off at low stakes. No matter how much you practice on the kitchen table, you will make all sorts of mistakes when you first get into the casino.

1x

i practice religiously before i started and i honestly wasn't making any counting mistakes at home. What i was doing was playing like a robot , staring at the discard tray, and taking such a long time to calculate all the indexes in my head. I got 6 back offs in my first month and the bad thing was i attacked the finest of games around so they are not available to me to play anylonger. i started off with a max bet of 2x300 which was way too mujch to begin with. Even if you play perfectly in the casino the real key to this thing is to be able to sense heat and leave before a backoff can happen. You won't know about this unless you have experience. Just my .02

**muffdiver** · 01-08-2013, 08:59 AM

Originally Posted by chang04133

Thanks for the advise guys. As I told them before, losing fifty grants for me is not severely an issue for me, because my family is wealthy enough to cover that expense. The fifty grant that my family is giving to me is a sort of test whethe I am eligible to make a certain amount of profit with that much money. For sure though, losing it all will cost more than losing fifty grants for me.

You should take some of that available wealth and go back to school and learn how to spell.