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Thread: very depressing variance, what are the odds?

  1. #27


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    Quote Originally Posted by Freightman View Post
    Double Deck is so volatile, producing substantial positive and negative extremes. Heads up, usually at higher mins, can give you alone times. You also need to be a pig if one other is at the table, you have the option to spread and do so when favourable. Don’t worr6 about pissing off the plops.
    Being a prick is necessary at times. Below is a copy paste from a post that I made about 1.5 years ago. I was referring to a 50% pen dd game, when the table criwd d up. It really was pretty funny.

    Okay, DD no hole card game. Bonehead to my left is betting more than me is losing. Dumbo to my right is betting even bigger and he's losing. Deck starts heating up, we are all winning. I split to 2 hands, and the bonehead says what the hell are you doing. I comment that I don't recall having told him how to play his hand. He's pissed.

    I leave the table for a quick whiz. Get back, bonehead and dumbo have recruited dickhead to crowd my right side, not allowing me to spread to 2, leaving 1 share open between dickhead and dumbo. The innocent bystander plops down to my left. Im playing this ridiculous scenario making a comment or 2 to the conspiring conspirators. Critter comes to the table, bonehead is begging for another table, dumbo is joining the frenzy, both accusing me of their losses. Through a series of curcumstances, I know what everyone has, which is pretty much shit, note the monstrous TC, regale the conspiracy as requested, and with my turn to play, perfect timing for the critter standing there, not having done this in years, or possibly ever, split 10's v dealer 6. Bonehead and dumbo go nuts, dick head is having apoplexy, and I turn to bonehead stating, don't even think of telling me how to play the hand.

    Well, there's only 1 winner at this hand, and that's me. I reimburse the innocent bystander (making a point), and other than the innocent guy, the table is empty and a new one is being set up. Didnt see much harm, it was a quick hit and run 5 hour session, or was it 7, big spread on a DD game. Left comfortably up with no repercussions.

  2. #28


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    Quote Originally Posted by Freightman View Post
    Double Deck is so volatile, producing substantial positive and negative extremes. Heads up, usually at higher mins, can give you alone times. You also need to be a pig if one other is at the table, you have the option to spread and do so when favourable. Don’t worr6 about pissing off the plops.
    Forgot to point out that you need to have a wide range of both positive and negative index play. Some strategies that look bizarre, work very well if the joint is tolerant, and you can get away with some pretty good spreads.

  3. #29


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    Is this casino in part of Korea? If so it might be a cheating casino.

  4. #30


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    Freightman, I did the same thing you said in post #27 try to shoo away ploppies but the looser is me because I got lousy hands and lost, they got good cards and win. It happened in couple shoes and the person to leave is me because I lost day BR for that day.. Did you use FBM ASC count for that session?

  5. #31


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    Quote Originally Posted by cc12b View Post
    Freightman, I did the same thing you said in post #27.

    Did you use FBM ASC count for that session?
    The FBM ASC concept was still in its formative stages, and had yet to be announced as a valid strategy. As memory serves, successive aces appearing, simultaneously with an itchy left nut - an event which produced a relieving ball scratch, created the eureka moment.

  6. #32


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    Quote Originally Posted by Meistro123 View Post
    No, assuming you are modeling your betting strategy after the Kelly Criterion, frequency of true count is irrelevant.
    Certainly modeling after Kelly is one dimension, but let's not forget that the number of rounds per shoe that you have the oppotunity to bet is very important in your bet design. For example, I may choose to place a lager bet at TC1 (.5%+?) if positve because the pen sucks and is reducing the number of positve counts. Or I may choose to accelerate my ramp steps based on penetration. An on and on and on.........

    Bet design is a counters most important tool at beating a game and maintaining longevity. Do not short it by defining it as Kelly * advantage * bankroll. Think about what you are trying to accomplish with a bet design and include the attributes that are most likely to accomplish all of your objectives.
    Luck is nothing more than probability taken personally!

  7. #33


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    Quote Originally Posted by Stealth View Post

    Bet design is a counters most important tool at beating a game and maintaining longevity. Do not short it by defining it as Kelly * advantage * bankroll. Think about what you are trying to accomplish with a bet design and include the attributes that are most likely to accomplish all of your objectives.
    Nicely stated. Hadn’t thought if it fr9m this persoective. Certainly gives one another dimension to consider.

  8. #34
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    Quote Originally Posted by Stealth View Post
    Certainly modeling after Kelly is one dimension, but let's not forget that the number of rounds per shoe that you have the oppotunity to bet is very important in your bet design. For example, I may choose to place a lager bet at TC1 (.5%+?) if positve because the pen sucks and is reducing the number of positve counts. Or I may choose to accelerate my ramp steps based on penetration. An on and on and on.........

    Bet design is a counters most important tool at beating a game and maintaining longevity. Do not short it by defining it as Kelly * advantage * bankroll. Think about what you are trying to accomplish with a bet design and include the attributes that are most likely to accomplish all of your objectives.
    I was going to mention this but I find great pen so this steeper ramp for crap pen isn't an issue I have to deal with. I just choose not to play crappy pen. So I left it so someone that can speak from experience would. Nice one Stealth.

  9. #35


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    Certainly modeling after Kelly is one dimension, but let's not forget that the number of rounds per shoe that you have the oppotunity to bet is very important in your bet design.
    No, and restating your point with different phrasing is not an argument, it is just repeating the same thing.

    For example, I may choose to place a lager bet at TC1 (.5%+?) if positve because the pen sucks and is reducing the number of positve counts.


    You might choose to do so, but it would be an irrational / unprofessional choice.

    A professional gambler is going to bet the same amount with a .5% edge regardless of the circumstances of how that edge is obtained. If your bankroll is the same, and your risk tolerance / demand for reward is the same, then it makes no sense to wager a different amount. The only factors are your bankroll, and what your risk tolerance / desire for reward is. Solving for say, a specific hourly, is amateurish.

  10. #36


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    Quote Originally Posted by Freightman View Post
    Double Deck is so volatile, producing substantial positive and negative extremes. Heads up, usually at higher mins, can give you alone times. You also need to be a pig if one other is at the table, you have the option to spread and do so when favourable. Don’t worr6 about pissing off the plops.
    i thought you were talking about 6 deck! lol.

  11. #37


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    Quote Originally Posted by Meistro123 View Post


    No, and restating your point with different phrasing is not an argument, it is just repeating the same thing.



    You might choose to do so, but it would be an irrational / unprofessional choice.

    A professional gambler is going to bet the same amount with a .5% edge regardless of the circumstances of how that edge is obtained. If your bankroll is the same, and your risk tolerance / demand for reward is the same, then it makes no sense to wager a different amount. The only factors are your bankroll, and what your risk tolerance / desire for reward is. Solving for say, a specific hourly, is amateurish.
    1. He didn’t restate, you simply didn’t quite comprehend - reread.
    2. They’re legitimate powerful strategies which may alter your premise, for some, regarding standard bets per amo7ntnif advantage.

  12. #38


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    Is
    Quote Originally Posted by Meistro123 View Post
    A professional gambler
    same meaning of counter/AP? I always think "professional" is mocking way to call someone who addicted to gamble, at leas in my local casinos
    Last edited by cc12b; 10-17-2018 at 07:36 AM.

  13. #39
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    Quote Originally Posted by cc12b View Post
    Is
    Originally Posted by Meistro123
    A professional gambler
    same meaning of counter/AP? I always think "professional" is mocking way to call someone who addicted to gamble, at leas in my local casinos
    No. The three things all differ from one another.

    1) Professional gambler is someone that earns their money at gambling games. They may or may not play with an edge. But they get their spending money from games of chance.

    2) Counter is someone that counts cards. This practice may or may not give the individual an advantage when he plays.

    3) Advantage player is someone that plays with an advantage. They may or may not count cards. Most casino games are vulnerable to advantage play given the right conditions.

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