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Thread: Optimal Betting

  1. #14
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    Quote Originally Posted by ferenc11 View Post
    I've been taught that when having 3 or 4 percent of advantage (or more) I should bet at it more aggressively.
    Yes. I didn't think that I said anything to indicate otherwise, except maybe I used less aggressively to mean lower than the sim recommends. Risk aversion should be factored into large bets but most systems either don't gather enough info or don't use the info gathered in a way that would determine the risk involved with certain deck compositions is higher than others in the same TC betting bin or both. If you can't see any difference between things that are different you have to treat them the same.

  2. #15


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    Quote Originally Posted by Three View Post

    If you can't see any difference between things that are different you have to treat them the same.
    Which is where variance can really bite you in the ass.

  3. #16
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    Quote Originally Posted by Freightman View Post
    Which is where variance can really bite you in the ass.
    Exactly.

  4. #17


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    Quote Originally Posted by dalmatian View Post
    ....I've got about 1500 a month in gas, food, and credit card mins to cover. Very very on edge when things dont go my way.....
    "paying credit card mins" is very bad. You shouldn't think about increasing your bets until you can pay off your credit cards in full each month.

  5. #18


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    Quote Originally Posted by Freightman View Post
    So, just to be clear, you’re paying your living expenses, or at least a portion therefore, from blackjack play. Does your 2% ROR calculation factor in the $1500 per month expense of living. If not, you will need to recalculate.
    Plus 1 freighter, a valuable post that any AP should remember.

  6. #19


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    The more a person say , the more "they " have on you. Whoever "they" maybe ! making 20% to 30% of your total bankroll after expenses per year sounds reasonable to sustain long term bj CC.

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