Need Help w/ Investors

[Rudy]

I'm not saying I walked away with a large amounts of money in those 23 sessions, sometimes break even, sometimes with 5 units, sometimes with 60 units, etc. I was very lucky to find good shoes, and guess what? It was with KO lol But then, came the debacle, thats why I joined the forum, I thought I knew everything, of course I was wrong. We just gave him an intro, tryin to help him. Now it's his decision. I'm not an expert, I'm so far from it. You will never see me talking about percentages and deep conversations abouth BJ math, let's leave that to the experts. But I think we have to help people to stop losing his money. Is not funny to see how "billionaires companies" takes away your money and addin to his "infinite BR". Of course you are right, he will have to roll with it.

[moses]

MrB175; Shoot I'm thrilled with 3 straight winning sessions. I'm not a counter. My system has little to do with counting but was developed by reading and learning from the best counters and or highest regarded blackjack minds in the business. Norm, Thorpe, Mr.Wong. and The Silver Fox. Again, not selling or trying to convince others is not my purpose. Just trying to improve my game by reading this forum.


Yes. I'd agree that 12 straight sessions of 10-40% within 12 hours is impressive. Luck? A wise man once told me that luck is acquired and often coincides with hard work and a sound plan. Don't change in midstream if it's working for you. Stay within your cash reserves, profit, and volitlity ratios. In simpler words...never get greedy.

"Pigs get fat...Hogs get salughtered"....especially true and at a more rapid pace "either way" in blackjack.

[Intermediate]

Mr BJ75. Most counters would wait to judge their performance until they have accumulated on the order of 200-400 hours of playing time, or 20,000 to 40,000 hands. Your 12 sessions total result could easily fit within a couple standard deviations of variance for your total action. Counters don't typically count session win/loss rates, since it's effectively one long activity broken up into sessions, or trips, or tables, etc. What counts is your total, which is why your stats aren't really valid in most experienced counters' eyes. You haven't yet built the case that you are playing with an advantage, and that's why you're not getting any takers (at least publicly).

FYI, counters try to size their bets and bankroll to achieve a lifetime Risk of Ruin in the single digit percentages, and those with non-replenish able Bankrolls would seek to play below 5%, and pro's would want less than 1%. There are many threads at this board discussing RoR. People starting out with low, but replenishable bankrolls might be willing to play with a higher RoR in hopes of getting positive variance to build the bank. $5k might be ok bank for an individual on a Vegas trip if you have a valid counting system, pick your games wisely, and have an aggressive spread, and stick to $5 and $10 tables, but I wouldn't be willing to invest unless you can show you're playing with an advantage, and your expected return for me as an investor has some valid math and statistics behind it.

[21gunsalute]

1. No, I'm not counting.

2. Yes, I have a business plan.

If you aren't counting then your business plan sucks and nobody here is going to invest in a losing strategy.

You're obviously a math guy like the most of us on here. Thus, I think it's funny for you to say, "you got lucky." Walk into a casino, sit at a game where the odds are against you and then win 10-40% of what you sat down with. Yes, that would be lucky. Now, do that 12 times in a row at 12 different casinos within 12 hours. That is not lucky, that is a proven strategy.

When you lose 12 times in a row will that also be a "proven" strategy? I've won 13 times in a row while counting, and I've lost 13 times in a row while counting. All any of this talk of streaks proves is that the game is extremely random and volatile, and variance can turn on you as quickly as it can become your best friend. I'm not impressed by streaks. We all know that one bad night can wipe out the best of streaks. I'm impressed with someone playing with a proven long run advantage, not by losing systems that merely encountered a hot streak.

[moses]

Rudy. Well put. UR Last post. You primarily use KO? Isn't Norm's version REKO a more consdensed and simplified version with better effectiveness? I was just curious how/why you settled on KO?

[mofungoo]

The only way to beat blackjack without counting is to play with information. It seems that what you are doing is playing some sort of money management/progression system. If it truly works you will get rich twice - playing your system then writing and selling a book telling others how to do it. However, mathematicians have been trying to do what you claim to have done for over 400 years without success.

Good luck.

[Nyne]

If you are playing to either win 10% of your session bankroll or lose it all, you'll win roughly 90% of the time. So win $100 nine times for every $1000 loss, basically. With a 90% win probability, you have a 28% chance of winning your next 12 in a row. That doesn't mean you have a winning system, it just means (a) you designed your playing style to generate frequent small wins and occasional large losses, and (b) this time you got lucky.

[moses]

Nyne: IF you feel comfortable I think it would be valued information for the newer players to these questions from analogy you present. What dictates a buy in game for you? Is you chip amount in relation to table limits or always the same? What are your goals for profit in a session? What would be your reason (if) for early exit before
profit goal is met? Is the there a downside limit?

[The Suburbs]

Hi, I'm new to the forum. I'm a former BJ dealer and active player, yet live in TX where the nearest casino is an hour and the spreads are horrible.

I tested my system this Summer in 22 hour turnaround trip to Vegas. I won $200+ in 12 straight casinos with a $1000 BR.

I'm going to Vegas in September and October for 3 days each and need investors to have a BR. Does anyone have any helpful suggestions?

Thank you,

Mr. BJ75

If it's such a great system, why don't you just go to the casino every day? Why not become a pro if you can make $200 a day, every day? That's $70,000 a year! JUST TAKE ALL OF MY MONEY NOW.

[Three]

I will say one thing for Mr BJ75, he is the most polite and respectful system poster I can remember. Most are reduced to cursing and name calling when almost everyone disagrees with their approach. I like him. He will most likely learn the hard way or his system will keep grinding out small wins in a short period of time.

Counters tend yo win about 70% of their sessions but that varies by money management techniques. Streaks aren't that uncommon. It is better for us to log a small lose than a small win due to casino heat so a streak including a lot of small wins is rare. A glance at my recent records show streaks of 9 wins regularly and streaks of 5 wins often enough. They are separated by small loses and the occasional big lose. If the playing conditions sucked I would usually play a short amount of time and get out with a small win of less than $1000 or lose some. If I liked the conditions I would play longer or leave quick with a big win. Sometimes I would post big loses but usually string a lot of big wins if the conditions are good. If I fought for small wins rather than being happy to post small losses I would have longer winning streaks. The casino will glance at your history and if they see a lot of wins you could be in trouble. Usually if I am way down my goal is to post a small loss. Of course sometimes you win so fast before the advantage wanes you post wins anyway. Frequent but small losses just look better and aren't very different than posting small wins in the long run.

[RS]

If it takes 12 sessions to 'prove' it's a winning system, it's only going to take 1 session to 'prove' it's a losing system.

[Mr BJ75]

Obviously, I'm just now catching up on the posts, for I work a 9-5, well 8-7 in my case. Thank you for all the responses, for I really appreciate the time, even the negative comments. Moses, I really appreciate your thoughts.

I also understand the comment one had regarding 10% 90 percent of the time and 100% 10 percent of the time. On that trip my actual lowest return was 20%+, but I get what your saying. Until i can build a large enough BR, a higher % of my BR will be at risk early until my insurance kicks in and I'm playing on the store's dime.

I also understand that I've given you limited info about one single trip. Keep in mind, that I flew to Vegas on a red eye and checked in at 4:00 am. We slept till 7:00 and was at the first store by 7:30. 12 stores and a few breaks to discuss play later, we stop at 5:00 to clean up and have dinner. After dinner, we checked out and headed back to the airport. Thus with a solid plan and discipline, I had 12 winning sessions for a total of 4.5xBR, and was playing on the stores' dime by stop 5.

I'm not here to put down any other system. Like Moses said, I have found a strategy that really works for me. To the final user... I would love to be in Vegas on a biweekly schedule for 3 days doing this, and that is why I need help finding some investors. I would make much more than 70k. I thought this would be a good place to start. It doesn't sound like I'll get an investor, but I am getting some great advice.

Thanks again,

BJ75

[moses]

Mr B175: You are welcome. With all due respect, your trip sounds equally challenging to your regular job. It's great, that you can show a consistent profit in Vegas 6 days a month without living there... chances are the tradeoff will come with some other aspect of your life.

I wouldn't worry too much about acquiring venture capital. I've found investing my own funds are difficult enough. I'd hate to live with the stress of potentially losing someone else's money.

Even if you only net $2k per trip...thats still one heckuva part time job.