I think you mean what is the appropriate bet spread for 1% ROR because bankroll isn't usually variable but bet spread always is. And that depends on rules and cut. I recommend the use of a blackjack simulator such as CVCX to find this information as well as to compare the desirability of various counting opportunities.What is appropriate BR for 1% RoR????
There are lots of ways to improve your game. i don't get upset when I lose. i get upset when I gave too much EV or actual money away in disadvantage situations. Your goal in every session, or day at a given casino as I call sessions, is to post the highest EV you can and not to give up much in EV or actual money playing through disadvantage situations. Sometimes I win or push every round or every bet pair through a long disadvantage situation which I am okay with. But sometimes I sit too long after I start losing. I feel that some of your best rounds are while the count is tanking. Each round the count continues to tank is a high card round. You are trying to bet into expected high count rounds but will get successive high card rounds while the count tanks. If I play through a winning run while the count continues to tank I am fine with it. But if I play through losing much at a disadvantage I feel like I played poorly.Originally Posted by moses
Other ways to improve your game besides EV or setting yourself up to win more when EV isn't there are to use the info you gather more thoroughly like use more indices. Learn new ways to gather and/or use information that increases EV and reduces n0. Learn more about risk and certainty so you can earn money more efficiently with less risk. etc
I work on narrowing the focus. As a habit I tell myself "I'm just going to play this one shoe perfectly, and not do anything stupid." It seems to be a deal my brain readily accepts, and makes the picture smaller. Takes what went before out of it., and makes a nice small manageable goal.
Of course it does. The financial goal is to maximize your gain, and if not possible, minimize your loss. I have one such situation, outside if blackjack, going in right now where the goal is to minimize my loss. Part of the strategy is the timing of that loss.
If I'm playing perfectly, that is all part of the system. I don't sit down saying my goal is to win $100 in this shoe. If I'm playing perfectly, minimizing loss, and maximizing gain, is built into my rules. Just have to follow them.
Of course, this is correct, and to which I agree. However, you previously said that playing perfectly has no financial gain attached. That statement is incorrect, since, winning or losing any particular session, playing perfectly will maximize your long term result. N'est pas?
All games are different. BR for one game with a 75% pen and 1-12 spread is different than BR required for a 70% game or an 80% game....or a 1-10 spread or 1-16 spread.
Get CVCX and play with the numbers. See what you like and what suits you. If you don't know what your BR needs to be to play with a 1% ROR, then you likely don't have CVCX and you likely don't know your EV, SCORE, etc.
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
Already some good answers in this thread, but I'll add my $0.02. If you don't own CVCX, then definitely buy it. It'll be one of the greatest tools you can own to evaluate your game and assess your Risk of Ruin (RoR). I play off of a low 6 figure Bank Roll (BR) and I still do not play $100 min games, unless it's a deeply dealt DD game with good rules. But our goals may be different too... I rely on my blackjack earnings and try to keep my RoR below 1% and I would not consider my BR replenishable. It sounds like you ran very well (most likely way above expectation) and you'll want to do everything that you can in order to preserve this BR now!
Losing 3 sessions in a row is extremely common. In fact, I know full time players who have been on losing or break-even streaks for months at a time. The swings can be extremely brutal. "Taking a break" is not normally what I would advise other players. My thoughts would be to plow through the hours, keep your RoR as low as you can, be very selective in your games, and search for tolerance so you can find a joint that will allow you the hours that you'll need in order to earn your EV. If you follow that regimen, you should be fine. Don't allow your good run to cloud your judgment and give you some sort of false sense of security. Variance can be great (when you're running good), but it can also be a bitch. I've been on losing streaks that you would almost think weren't possible. I've also been on the opposit side of the spectrum as well. Just remember... Your EV will eventually manifest, no matter what side of the bell curve you're on right now.
Good luck.
Last edited by Ryemo; 03-05-2017 at 02:50 AM.
I guess the advice is to play on UNLESS the losing streak affects your decision making. Some overbet, some become overcautious and underbet, some start assuming they will lose even as they enter a casino, some want to bank a winning session after the losing streak so they leave as soon as they are up a $100. The mind is tough to conquer so I prefer to take a break, read, practice, get the optimism back again before heading back in to play.
Posting Permissions
Reply With Quote
Bookmarks