Bankroll management

**Freightman** · 07-16-2016, 09:48 AM

Originally Posted by mcallister3200

Rule of thumb for gambling trip from the book: bring twice as much money as you think you need and half as many clothes as you think you need

Wise

**Ryemo** · 07-16-2016, 10:03 AM

Originally Posted by moses

The risks you take is just non sense in the first place.

The bubble you live in is nonsense.

Risks of carrying money? I manage those risks just fine. I conceal the money on my body when I'm traveling around, so It's not just in my pocket or just laying around in my car.

Read through many of the responses on this thread and the general consensus is to come to the tables well funded. Freightman said he feels naked with anything less than $10K and Stealth said he won't approach a table without $5K on him. So I think most of us can agree that it's far more riskier to come to tables under-funded.

End of story.

Zee · 07-16-2016, 10:09 AM

Yesterday, I went in to a local casino (where I am an established, rated player), sat at a game with lousy rules (DD, dbl on 9-11 only, no re-splitting but DAS allowed for 9-11) but great penetration (about 78-85 cards dealt). After first 3 hours, I was down $2900. I had $4k in my pocket when I started. I get a comped meal, sit down to eat, thinking of driving home the 3.5 hours, eat and there is a heavy thundershower so I return to the table. Heads up. In an hour of hot DD game, I win back $2300 and then left (the pit started watching a bit closer, I was playing with no cover and playing a 1-7 spread on a DD game). The rain had eased up. I still lost $600 but felt a lot better than having left down $3k.

I used to think $3k is enough for a trip bankroll but now I plan to use a $4k BR for a trip.

**Freightman** · 07-16-2016, 10:17 AM

Originally Posted by Ryemo

The bubble you live in is nonsense.

Risks of carrying money? I manage those risks just fine. I conceal the money on my body when I'm traveling around, so It's not just in my pocket or just laying around in my car.

Read through many of the responses on this thread and the general consensus is to come to the tables well funded. Freightman said he feels naked with anything less than $10K and Stealth said he won't approach a table without $5K on him. So I think most of us can agree that it's far more riskier to come to tables under-funded.

End of story.

You may not need the money, but you'd better have it when you do. Case in point, 2 recent out of town trips, both with an approx 25k trip roll. Trip 1, bought in for $500, and never went back to my trip stash, going home with a nice profit. Trip 2, wife asked if I'd lost weight - yes I replied, wallet is definitely lighter. Wouldn't have changed my play though.

The trip bankroll can get you into more trouble, or help you buy your way out. I've done both, but I'm further ahead being well financed.

**Ryemo** · 07-16-2016, 10:58 AM

Originally Posted by moses

Well, next time I actually "see" someone spreading blacks and pinks at a 6 deck shoe table full ploppies spreading reds and greens I will be sure to say hello to the Great Ryemo.

Don't need to worry about that. I have no burning desire to make any trips to Reno. Based on numerous reports, my understanding is that they don't tolerate any kind of real action up there.

**Freightman** · 07-16-2016, 11:04 AM

Originally Posted by moses

Freighter, I totally get what you are saying about being well funded at the table. Now, I have to admit I never knew Tupelo,Ms or a Philly, pa were known as gaming metropolis. But living everyday in a city that is, I can definitely suggest weighing that with caution.

2 comments
You know your game and your market best, and know what us safe or not safe in terms of longevity and safety. This knowledge obviously is a not a straight crossover for other markets.

I excercise certain protocols when out of town, which are not necessarily recognized AP protocols. Prior to cashing out, I scan for individuals who may have been in my playing area. I will take a brief detour within the casino to check if I'm being eyeballed. I have no problems asking security to walk me to my vehicle, if car is not at valet - I have no problems using valet (with my own set of protocols. I've told more than cashier to either tone their voice down when counting money, or stack outside the view of the window (but within my view). Though many people are at casinos for fun and entertainment, it stands to reason that their us a higher proportion of low life's and scumbags. I try my best to excercise caution.

I will amend these protocols depending on the market that I am in.

**Freightman** · 07-16-2016, 11:18 AM

Originally Posted by moses

I've got to get to Vegas sometime as see this action.

I'll be there in a few weeks

**Freightman** · 07-16-2016, 11:46 AM

Originally Posted by moses

Let me know. My cousin is an entertainer. He recently did a show with Bill Medley. He went to HS with Larry "the cable" guy. Thus he didn't follow the parents dream of being a Mortician. He had some interesting dates in the back of the Hirst though.

Things are pretty dead at the Morticians office, though people are just dying to go there.

**BoSox** · 07-16-2016, 06:11 PM

Originally Posted by Daligou

I have a question about bankroll management:

I'm aware that I need about 100 times my top bet to have a risk of ruin of about 5%, but the question I have is how much do I need per session? I don't see myself bringing $30,000 dollars at the $25 table.

Thank you

Daligou, thank you for providing absolutely zero information, for anyone to give you a straight answer!

**Daligou** · 07-16-2016, 06:25 PM

Thanks Ryemo, that's helpful. The game I have available nearby is an 8-deck S17 with 6.5-deck pen (so pretty good according to Arnold Snyder) and I got burned a couple of times having to leave the table with great count because I'm broke. I max bet with two spots of $150, so I'm guessing $2.5K-$3K should do it. In the meantime, I'm simulating like crazy on with QFit software.

**Daligou** · 07-16-2016, 06:29 PM

Thanks. The game I have available nearby is an 8-deck S17 with 6.5-deck pen (so pretty good according to Arnold Snyder) and I got burned a couple of times having to leave the table with great count because I'm broke. I max bet with two spots of $150, so I'm guessing $2.5K-$3K should do it. In the meantime, I'm simulating like crazy on with QFit software.

**Frank Galvin** · 07-16-2016, 06:49 PM

Originally Posted by moses

O for goodness sake. Follow Sharky.

Who the heck is Sharky, and what did she/he post?

**Ryemo** · 07-16-2016, 10:46 PM

Originally Posted by Daligou

Thanks Ryemo, that's helpful. The game I have available nearby is an 8-deck S17 with 6.5-deck pen (so pretty good according to Arnold Snyder) and I got burned a couple of times having to leave the table with great count because I'm broke. I max bet with two spots of $150, so I'm guessing $2.5K-$3K should do it. In the meantime, I'm simulating like crazy on with QFit software.

Hey Daligou,

8 deckers are definitely games I wouldn't normally seek out, but with 80% pen and S17, you can make it work. I would probably increase the spread just a tad more... Assume your top bet was one hand of $300 (1% of $30K Bank), then you could spread to two hands of 2x$225 without taking on too much additional risk. If you don't own software (CVCX), you should consider purchasing it. That'll at least give you an 18:1 spread, even though I personally almost never play anything less than 20:1 on 6D or 8D shoes.