BJGenius007 I completely understand your dilemma and I sympathize with you!! I have the same problem but in a different area. I have invented a new fishing lure and could make millions but I don't want to be the man who killed fishing. To test my lure, I traveled to California, Florida and Texas and fished in three lakes at each location. My average time for emptying each of these lakes of fish was 1.6380 days. News spread and I was BO'd and read the trespass law by the game and fish commission of each state. I am not allowed to set foot in California, Florida or Texas, and my lure has been outlawed in 29 other states.
If I wasn't the kind of person I am, I'd buy options on fish hatcheries, then release my lure on the market and possibly make trillions but I have to think of the devastation I might unleash.
If you find a solution to your quandary, please contact me and clue me in because, at times, the weight on my shoulders is almost more than I can bear.
Houyi, I truly believe that you can take a better approach to the game considering the size of your bankroll. First of all you have a 400K bankroll, your more than likely doing better than 85% of the people in this country, maybe better. That is a sizable bankroll in my world. So your hovering over a $5 6 deck game like a vulture with a handful of $500 dollar chips. Richie Rich how could you think so low? It just doesn't make sense. I'm sure you can play a $400K bankroll better than that considering your Ivy League education. You have a big bank but it seems like your thinking like a poor person.
Read The Blackjack Life by Nathaniel Tilton. It is geared toward a 2 man team but you should still find it quite helpful. It discusses some of the techniques useful or necessary for getting the bets down at higher levels of card counting, and talks a lot about the effort and approach needed to be successful at it.
70% ROI on my current stock shows otherwise. with fidelity investments currently becoming a shareholder with trials news not even out yet and with a new trial for morphine/naltrexone started.
P.S this stock used to trade for $20.00 on th AMEX on just the hype of their ART (Abuse resistant technology) that they never ended up starting once the recession hit and they ran out of money. Now this company has gone full circle and now has 20+ FDA approved drugs and money to fund their main ART technology(2.7 billion dollar market), with better tech than current competitors and is going for just .19, ok good luck with whatever you do lol. One ART opiod marketed and this alone goes to 4.00 a share with the current Outstanding shares the company has. Get a share buyback program goin after first ART marketed, and sky is the limit. I havent even mentioned that the current CEO was Vice President at Actavis, third largest pharmaceutical in the world and he left for what? And then donated 1 million unsecure to the company to get the ART trials finally started and then the Chairman of the Board also donates 600,000 to the company. Again, don't take my word for it, the CEO also has 11 million shares of the company, and currently works for shares, if that's not confidence, then i dont know what is.
Remind me to update you in 1-3 years.
Last edited by ZenKinG; 01-13-2014 at 08:14 AM.
I don't think trying to decide whether OP is real or not (or has a $400k bankroll, Ivy League education, etc) is pertinent to the question. He asked a question and, whether you believe the backstory, go ahead and give your answer. Treat it as a hypothetical question at the least...
Anyways, I would also caution that wonging in and betting purple chips would get you noticed, watched and barred quickly. Sure, you can do it a couple times, but the third or fourth time that trip you try to play a positive count, they'll know what you're up to and you'll be backed off and barred. You may have to limit your trips to a couple wong in/outs and not go back there a while. Stick to busy times, ie weekends and whenever the casino is doing promotions, concerts, etc. Travel, travel, travel... if you don't, your shelf life will be a lot shorter than you are already setting yourself up for, which isn't very long... so keep that resume updated.
I would also do the half bankroll half expenses suggestion. Apartment, insurance (car, health), cell phone, food, entertainment, etc all adds up. Use one half to take care of expenses for a couple years (you never know what may come up) and the other to play blackjack, varying your bet sizing off of bankroll size. Coming from the poker background, I know people would get used to playing at a certain level (say, 10-20 NL Hold'em) and when they lost they either continued to play at the same level or move up to chase losses. You will need to be disciplined and vary bet sizing, not just stick to the same plan as you started off with (ie, those guys should've dropped down to 5-10 or 2-5 NL based on BR when they were down instead of going broke).
Vaya con Dios...
FWIW, if I were young and footloose again with that BR, I'd cut my living expenses WAY WAY BACK and do the 1/2 Rainy Day Fund and 1/2 BJ BR idea previously mentioned. You don't need no stinkin' high end apartment in The Big City if you're just traveling around playing BJ. Get a bunch of roomies and have a blast for a few years until you get sick of it and want to settle down.
If you are betting purple and Wonging, I predict you won't get in much playing time. It will be interesting to see how long it takes to get a BO (at least) that way. I remember a video on youtube starring Colin from the Holy Rollers Team and he was betting blacks and spreading to 2-3 hands and it took no time to get the inevitable BO. I think he was just trying to catch a BO on film for everyone, which was VERY cool. Without a team, this is going to be hard at this level.
In that regard, I would get at least 1 guy to do this with me if I were you so you can have company, commiseration for the low points and to increase your longevity with team strategies.
Good luck!!
It is sorta entertaining to watch so many here have a Wet Dream over the thought of having a $400,000 bank-roll. Reminds me of how people always get giddy when the lottery gets huge and they start talking about what they would do with all the cash if they won,,they almost seem to reach orgasm just talking about it, like little kids before a trip to Cedar Point or Disneyland
If I am reading the ARCHER right, the $400,000 is what he has saved, from work, etc.,, (life savings),some from playing, that he will use when he gives up his well paying job to be a BJ Pro, just at the time that the games are worse than ever and the eye and it's network have never been better, super judgment there
No harm done, just keep washing those sheets, keep dreaming, and when that day comes--- you also can put your entire life savings to work as a BJ Pro
Ouchez
Last edited by Ouchez; 01-14-2014 at 04:57 AM.
BJ isn't the only game he can attack. Other better opportunities are out there if he wants to evolve beyond the simple attack used by most BJ players. That is the one thing about a more complex counting system and being able to side count, when you are ready for some much better opportunities you have the skills to make the best of them.
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