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Thread: Is this possible?

  1. #40


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    Ideally.....

    You would track your hours played in a casino, or more specifically, rounds played. This will help you determine where your EV vs ACTUAL results are, and everything that accompanies that type of record keeping. This is something you should absolutely do.

    You can also track your "hours put forth towards AP", such as planning trips, traveling/driving, etc. It can get a bit murky because where does it "start" and where does it "end"? If I go on a 96-hour trip (4 days), do I count all 96 hours, or are some of them eliminated because I need to eat/sleep anyway? I'm not really asking, it's more rhetorical if anything.

    You can't just start a stop-watch at the beginning of the day and stop it at the end of the day then figure out your hourly EV from that. It's more like, at the end of a session, day, trip, or year, you have to ask yourself if the EV you generated for that period of time was worth the effort.


    For me, I don't really give a sh** how much "extra" time I devote to AP stuff. I do what I have to do. If I have to spend 10+ hours figuring out how to beat a game, planning all the logistics for a trip, doing math and learning something new, then I do it. It's like being the owner of a business. He's not counting up all the hours he works, he just does it because he knows at the end of the day, it's work that has to be done (in order to succeed).
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

  2. #41


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    Quote Originally Posted by Freightman View Post
    Zee
    Analogy
    A travelling commission salesman earns a percentage if his gross sales. Against those commissions, he measures the cost of earning those commisions. Expenses include gas, wear and tear on vehicle, accomodation, food. Expenses are deducted. A net is calculated, against which he must support his family, pay his bills, and of course, taxes.

    At the end if the day, the salesman must determine if the rewards are sufficient to offset his efforts. He either has the ability, or dies not have. It may or may not be time for a career change.

    Commisions for AP are earned against hours played. Everything else comes off the top. If I was your sales manager, I would not tell you that your expenses are too high. I would tell you that your commissions are not sufficient to cover your expenses. I would tell you not to work harder, but to work smarter. Commission sales people also have runs of bad variance.
    This analogy is apt.

    Both pieces need to be tracked, but the overhead should be able to be treated (on paper) as separate while certainly not being ignored.

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