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Originally Posted by
Below AVG IQ
Having a positive EV only matters if you're bankrolled to play in the game in the first place. Having a 3% edge doesn't mean every time you bet you're making 3%. You will go through swings and having BRM and knowing your RoR will tell you if you can handle those swings.
Knowing this not only tells you if you can handle the swings but will also tell you if you're over rolled and are wasting your time playing for less when you could be making more.
The martingale system works fine... Till it doesn't.
Reading your post I feel your IQ is not below average but definitely above mine, but mine is way above average. Last night I read half way into blackjack variance, standard deviation, risk, ROR, money management. Most of these are common sense as I have been using them unconsciously. I gambled about five years without knowing the existence of basic strategy and then three years as a half baked AP. I only seriously considered ROR this year because gambling conditions are great this year. You are a funny guy!
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