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Thread: Loss Training

  1. #21


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    Quote Originally Posted by ShipTheCookies View Post
    My definition is from first hand played until I either quit playing forever or I die. Whichever comes first.
    Well, then, your (one) session win rate is 100%. But that isn't very helpful for this discussion, is it?

    Don

  2. #22
    Random number herder Norm's Avatar
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    I think it is. Almost posted the same thing.
    "Croyez ceux qui cherchent la vérité, doutez de ceux qui la trouvent." --André Gide

  3. #23


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    No need to multi-quote about DP; I thought everyone would know that it stands for Disadvantage Player. I definitely ROFL'ed on D-Man's definition tho! XD

    Quote Originally Posted by Stealth View Post
    Almost all of those SESSIONS were played with positive counts skewed in our favor (BP call in at True 2) which promoted high variance.
    I don't understand how a positive count promotes high variance? Does this occur because the dealer is able to receive the advantageous cards too?

    @Counting: Great post, thanks. I play like a robot up to a point but if I don't start adjusting to game conditions, I will simply get wiped out in the most severe sessions.

    For example, I just had a session that ended with a win after 58 losses and 29 coups. I admit, I used positive variance to win and I require it. If I had tried to strong-arm that session, I would have lost my bankroll probably at least twice.

    I agree with Norm & Cookies about personal permanence. Unfortunately, I have never had the discipline to apply a method that factors it in. I really need to start doing this for peace of mind.
    Last edited by Reyth; 04-19-2020 at 07:40 PM.

  4. #24


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    Quote Originally Posted by DSchles View Post
    Well, then, your (one) session win rate is 100%. But that isn't very helpful for this discussion, is it?

    Don
    There's no guarantee it'll be 100%. Might be 0%.

    Some people gripe that they lost $30,000 this week, but are still miles ahead lifetime.

    Point is, what happened today, tomorrow, or all week is irrelevant to lifetime.

  5. #25


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    Quote Originally Posted by ShipTheCookies View Post
    There's no guarantee it'll be 100%. Might be 0%.
    Not for an AP who is properly bankrolled. The probabilities point to 100%.

    Don

  6. #26
    Senior Member UK-21's Avatar
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    Boo . . . yet another thread I've contributed to recently being unceremoniously consigned to the disadvantage forum. As I'm sure most here have noticed I don't make many postings to the forum anymore, largely as I no longer play BJ; in the UK exploitable shoe-dealt games are something that have largely been consigned to the history books, and for me it was never more than a challenge and a reason to keep the beads on my abacus from seizing up anyway. I responded to Reyth's original post as he's someone I've responded to on another forum before and out of curiosity - as for one moment I did think he'd had some sort of epiphany moment and was looking to make a major step change in his approach to tackling a different game of chance. Look's like he's still looking for that something that will get the variance fairy on his side?

    As Reyth has stated that he's a "DP" (Disadvantage Player) and isn't looking to change that, I think there's precious little that can be said to assist him really - beyond learn to play perfect basic strategy and flat bet the table minimums (whatever that is) at all times. To my mind that really is about it?
    Last edited by UK-21; 04-20-2020 at 06:21 AM.
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  7. #27


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    Quote Originally Posted by Reyth View Post
    I am a DP player and that is not going to change.
    Well, Reyth, that pretty much sums it all up! No need to continue wasting time.

  8. #28


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    Sorry to bring up an old topic, but thank you for your willingness to be sympathetic to newcomers. It's nice to ask questions without fear of being judged.

  9. #29


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    Quote Originally Posted by MikeWill07 View Post
    Sorry to bring up an old topic, but thank you for your willingness to be sympathetic to newcomers. It's nice to ask questions without fear of being judged.
    Mike, I am assuming that you are addressing me since I wrote the post in front of yours is that correct? If that is a yes to my question, do you think that I treated the newcomer poorly? I am not sure where you are going with that rather vague statement you made.


    Welcome to the board.
    Last edited by BoSox; 01-20-2021 at 10:45 AM.

  10. #30


    2 out of 2 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by Reyth View Post
    I don't understand how a positive count promotes high variance?
    The variance is higher because we intentionally bet more when we have a positive count, generally controlling our bets sizes based on our bankroll size and the acceptable RoR. The variance is a math function where the bet size is critical in its calculation.
    Luck is nothing more than probability taken personally!

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