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Thread: Officially Done with blackjack

  1. #1
    Senior Member dalmatian's Avatar
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    Officially Done with blackjack

    I am totally and completely done with blackjack. The blackjack life is one long grind filled with misery and despair to the point that when you finally do succeed you've been so abused and crushed and disillusioned you cant even enjoy the win. I havent won much but I can say I put a lot of effort into learning halves and all the finer points of play. I struggled very long with having an adequate bank because I was I started from scratch. Well, after 3 years I'm up about 20k. Was that really worth it? Heck no. I can hustle with my full time job and add a second job like food delivery plus day trading stocks and easily make 100k a year. In order to make significantly more than that counting I would need a 200k bankroll and put it at risk and deal with insane roller coaster swings all the while traveling across the country living in squalor and complete shit. Its simply not worth it. And even if you do succeed, which is a HUGE IF, they'll make it impossible for you to play if you are capable of winning really money. So honestly at the end of the day, save yourself the misery and depression and go to school or start ur own business but PLEASE DONT COUNT CARDS. It totally SUCKS.

    DALMATIAN

  2. #2


    2 out of 2 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by dalmatian View Post
    I am totally and completely done with blackjack. The blackjack life is one long grind filled with misery and despair to the point that when you finally do succeed you've been so abused and crushed and disillusioned you cant even enjoy the win. I havent won much but I can say I put a lot of effort into learning halves and all the finer points of play. I struggled very long with having an adequate bank because I was I started from scratch. Well, after 3 years I'm up about 20k. Was that really worth it? Heck no. I can hustle with my full time job and add a second job like food delivery plus day trading stocks and easily make 100k a year. In order to make significantly more than that counting I would need a 200k bankroll and put it at risk and deal with insane roller coaster swings all the while traveling across the country living in squalor and complete shit. Its simply not worth it. And even if you do succeed, which is a HUGE IF, they'll make it impossible for you to play if you are capable of winning really money. So honestly at the end of the day, save yourself the misery and depression and go to school or start ur own business but PLEASE DONT COUNT CARDS. It totally SUCKS.

    DALMATIAN
    About easily making 100K a year on stock market. We have been living in an abnormal period of time in the past few years. The Fed has been making the market full of liquidity because it is what they know to combat crisis. If you long stock market, basically you can make good money on any stocks you pick. Don't expect this continues after Covid 19 crisis is over. You might feel you are a genius after easily earn 100K in 2020. But most Robinhood crowd and Redditers did the same. Let's see these people can duplicate the success after The Fed begin tapering.

  3. #3


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    I am totally and completely done with blackjack. The blackjack life is one long grind filled with misery and despair to the point that when you finally do succeed you've been so abused and crushed and disillusioned you cant even enjoy the win. I havent won much but I can say I put a lot of effort into learning halves and all the finer points of play. I struggled very long with having an adequate bank because I was I started from scratch. Well, after 3 years I'm up about 20k. Was that really worth it? Heck no. I can hustle with my full time job and add a second job like food delivery plus day trading stocks and easily make 100k a year. In order to make significantly more than that counting I would need a 200k bankroll and put it at risk and deal with insane roller coaster swings all the while traveling across the country living in squalor and complete shit. Its simply not worth it. And even if you do succeed, which is a HUGE IF, they'll make it impossible for you to play if you are capable of winning really money. So honestly at the end of the day, save yourself the misery and depression and go to school or start ur own business but PLEASE DONT COUNT CARDS. It totally SUCKS.
    Hey Dalmatian, I feel your pain. I was just curious as to how to mitigate the "roller coaster". What is your percentage winning sessions, and what is your average gain and average loss. The basic thing I have learned, which is very hard to to do , is to limit the losses. Knowing that Card counting works, makes me want to stick around to recover my losses. My average win is $300.00, I win about 75% of my session. But my average loss is $1000.00 which is my session Bankroll. I'm slowly going broke. If I can lower my average loss to $500.00, Ill be in the money. I also found out that for me it is very hard to quit. as much as i hate loosing, I love to walk out with some of the casinos' money.

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    My average win is $300.00, I win about 75% of my session. But my average loss is $1000.00 which is my session Bankroll
    Excellent commentary to dissect and analyze. On 100 sessions you win 22500 and lose 25000, losing overall 2500. Reducing your average loss (which is your primary goal) to 500, maintaining your average win of 300, you win 22500 and lose 12500, winning 10000 overall. Equal dollar wins and losses of 300, you win 22500 and lose 7500, earning 15000 overall. Equal dollar wins and losses is almost impossible.

    My first question - is 75% win rate based on style of play, or simply playing while losing to regain losses or lose more. Clearly, there is some flaw in your game. By the way, an average dollar loss exceeding average dollar win is typical. The key is to achieve a percentage win rate sufficient to overcome and get you to a figure roughly in concert with your simmed rate. The next step is to consider methodology to surpass your simmed rate and achieve superior to simmed rate returns.

    Let me suggest something to all for debate. Consider (contrary to counter thinking), a style of play that reduces your average win, and reduces your average loss by a percentage surpassing your average win.

    I can add more if I want, but let’s see what this drums up.

  5. #5
    Senior Member dalmatian's Avatar
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    Quote Originally Posted by BJGenius007 View Post
    About easily making 100K a year on stock market. We have been living in an abnormal period of time in the past few years. The Fed has been making the market full of liquidity because it is what they know to combat crisis. If you long stock market, basically you can make good money on any stocks you pick. Don't expect this continues after Covid 19 crisis is over. You might feel you are a genius after easily earn 100K in 2020. But most Robinhood crowd and Redditers did the same. Let's see these people can duplicate the success after The Fed begin tapering.
    I never said I can easily make 100k on the market. As a supplement to a full time job that pays 70k, a second job that pays 20k, I can easily be pushed into six figure territory especially since my bankroll is 150,000$ through Technical Analysis and dollar cost averaging......

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    Senior Member dalmatian's Avatar
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    Quote Originally Posted by Freightman View Post
    Excellent commentary to dissect and analyze. On 100 sessions you win 22500 and lose 25000, losing overall 2500. Reducing your average loss (which is your primary goal) to 500, maintaining your average win of 300, you win 22500 and lose 12500, winning 10000 overall. Equal dollar wins and losses of 300, you win 22500 and lose 7500, earning 15000 overall. Equal dollar wins and losses is almost impossible.

    My first question - is 75% win rate based on style of play, or simply playing while losing to regain losses or lose more. Clearly, there is some flaw in your game. By the way, an average dollar loss exceeding average dollar win is typical. The key is to achieve a percentage win rate sufficient to overcome and get you to a figure roughly in concert with your simmed rate. The next step is to consider methodology to surpass your simmed rate and achieve superior to simmed rate returns.

    Let me suggest something to all for debate. Consider (contrary to counter thinking), a style of play that reduces your average win, and reduces your average loss by a percentage surpassing your average win.

    I can add more if I want, but let’s see what this drums up.
    Manipulating your win and loss rates or whatever you are talking about shouldn't affect your average win rate, which is all I care about.

  7. #7
    Random number herder Norm's Avatar
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    Day trading is gambling, unless you have an eight digit bankroll..
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

  8. #8
    Senior Member dalmatian's Avatar
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    LOL I'm going back to the tables!!! I'm so bipolar

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    Quote Originally Posted by dalmatian View Post
    LOL I'm going back to the tables!!! I'm so bipolar
    Good choice. In the long run, winning at Blackjack table is easier than winning at stock market.

  10. #10


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    Excellent commentary to dissect and analyze. On 100 sessions you win 22500 and lose 25000, losing overall 2500. Reducing your average loss (which is your primary goal) to 500, maintaining your average win of 300, you win 22500 and lose 12500, winning 10000 overall. Equal dollar wins and losses of 300, you win 22500 and lose 7500, earning 15000 overall. Equal dollar wins and losses is almost impossible.

    My first question - is 75% win rate based on style of play, or simply playing while losing to regain losses or lose more. Clearly, there is some flaw in your game. By the way, an average dollar loss exceeding average dollar win is typical. The key is to achieve a percentage win rate sufficient to overcome and get you to a figure roughly in concert with your simmed rate. The next step is to consider methodology to surpass your simmed rate and achieve superior to simmed rate returns.

    Let me suggest something to all for debate. Consider (contrary to counter thinking), a style of play that reduces your average win, and reduces your average loss by a percentage surpassing your average win.
    I've come to the conclusion that my problem may just be discipline. I've been down $600.00 to finally work out with $200.00 or $300.00. So I find it difficult to leave the table until my session bankroll is depleted. I also worry that if I quit too early, my win rate will surfer some.

  11. #11
    Senior Member dalmatian's Avatar
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    Quote Originally Posted by Norm View Post
    Day trading is gambling, unless you have an eight digit bankroll..
    Can you expand on this any Norm? The reason I liked blackjack is because your edge can be quantitatively expressed precisely. With technical analysis and day trading there are so many books put there like "Day Trade for a Living" that give you all these rules and imply you have an edge but it all seems like voodoo to me.

  12. #12
    Senior Member dalmatian's Avatar
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    Quote Originally Posted by Freightman View Post
    The next step is to consider methodology to surpass your simmed rate and achieve superior to simmed rate returns.

    Let me suggest something to all for debate. Consider (contrary to counter thinking), a style of play that reduces your average win, and reduces your average loss by a percentage surpassing your average win.
    This is beyond my pizza delivery boy abilities to comprehend.......

  13. #13
    Random number herder Norm's Avatar
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    Quote Originally Posted by dalmatian View Post
    Can you expand on this any Norm? The reason I liked blackjack is because your edge can be quantitatively expressed precisely. With technical analysis and day trading there are so many books put there like "Day Trade for a Living" that give you all these rules and imply you have an edge but it all seems like voodoo to me.
    There are tons of books on winning the lottery too. The advantage you have in trading is that the market goes up in the long run. But, when day trading, you are betting against deep pockets, massive information, and co-located machines. Even with that, large organizations have setbacks. Robinhood is scary. Some have made a pile of money. But these folks are not even starting with an even chance as they are paying massive margin and/or credit card interest. One family is suing them over their son's suicide. These days, buy and hold looks good to me.

    A few words on technical analysis. Mathematically, it’s voodoo. But, it’s voodoo that people believe and follow. Therefore, it works because it predicts the actions of other people. But, the big guys can recalculate this stuff tick to tick.
    Last edited by Norm; 05-15-2021 at 11:17 AM.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

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