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July 31st, 2009, 04:38 AM
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Member
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Join Date: Jul 2009
Posts: 7
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Low Minimums Vs. Bad Penetration
I am fairly new to the world of counting and I have an awful bankroll. Is it worth it to play at Mohegan because they now have 5 dollar games.
I realize that Foxwoods has better penetration but the lowest minimum I'll ever get there is 10.
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July 31st, 2009, 08:07 AM
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Executive Member
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Join Date: Aug 2008
Posts: 965
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You won't be making much money with a small bankroll anyway ($5-$10/hr tops), so play where you enjoy it more.
From a financial perspective, it's better to work a little more and build up your bankroll, at least until your hourly EV is a good bit higher than what a job would provide.
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August 2nd, 2009, 06:58 AM
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Senior Member
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Join Date: Mar 2009
Location: New England Area
Posts: 120
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If you are new to counting, just get a job and forget about it.
Then maybe when you are set in life, have a good financial standing, house, car that won't need to be replaced in a good while, come back to counting.
I have been told you need $10k to start playing and making about $10 / hr. I was like, ah to hell with that. I'm gunna hit the game with my measly br. Lets just say the Indians have most of it now, and it didn't take them long to get it. And I'm back to where I should have just started...having a job.
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August 2nd, 2009, 08:06 PM
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Executive Member
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Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
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Quote:
Originally Posted by Xur
If you are new to counting, just get a job and forget about it.
Then maybe when you are set in life, have a good financial standing, house, car that won't need to be replaced in a good while, come back to counting.
I have been told you need $10k to start playing and making about $10 / hr. I was like, ah to hell with that. I'm gunna hit the game with my measly br. Lets just say the Indians have most of it now, and it didn't take them long to get it. And I'm back to where I should have just started...having a job.
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Yeah, it's hard to feel like you're using your time wisely when you dedicate $10,000 to winning $10 an hour! But it's also relative--that is, if you have $100,000 bankroll dedicated to blackjack alone, you will not feel like you are doing much to be winning $100 an hour with such a large sum behind you. With that much backing, you will probably feel bored. haha You can't win.  Therefore, it is imperative that you just love to play blackjack. For example, I love meeting people at the BJ tables from all over the world who come to Vegas or AC to gamble. I also love the intrigue of beating the house and escaping notice. Immature, maybe, but fun just the same.
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August 4th, 2009, 01:49 AM
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Executive Member
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Join Date: Apr 2008
Location: Tundra
Posts: 699
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I am a low limit player, and I am not in it for the money, I am in it for the love of beating the house, and the love of free casino buffets and hotel rooms.
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August 4th, 2009, 07:04 AM
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Executive Member
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Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
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Quote:
Originally Posted by Blue Efficacy
I am a low limit player, and I am not in it for the money, I am in it for the love of beating the house, and the love of free casino buffets and hotel rooms.
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Makes for some nice, low cost vacations, doesn't it? The wives go shopping at all the outlets, if they go at all, and we go to the tables for a fun time of "beat the house," meeting people, and earning free food, clothing, and hotel rooms. I got a really nice DVD player recorder last year, as well. If it ever becomes a "job," I'm outta here! lol
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August 4th, 2009, 08:59 AM
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Member
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Join Date: Aug 2009
Posts: 15
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Some people only calculate the per hour rate on actual money won. If you enjoy all the comps you need to take that into account. When I go and play I get food and my room comp'ed. So even if I break even on a weekend trip, I got free food, shows and a room out of it.
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August 4th, 2009, 10:49 AM
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Executive Member
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Join Date: May 2008
Posts: 807
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Quote:
Originally Posted by 13Counter
Some people only calculate the per hour rate on actual money won. If you enjoy all the comps you need to take that into account. When I go and play I get food and my room comp'ed. So even if I break even on a weekend trip, I got free food, shows and a room out of it.
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Technically, if you broke even at the tables and got "free" RFB, based on your quote, "If you enjoy all the comps you need to take that into account," you have a +ev trip which you should calculate into your w/hr.  If you lost at the tables and offset the loses evenly with the comp value then it's break even, but I look at is a loss in my records.
BJC
Last edited by bjcount; August 4th, 2009 at 10:53 AM.
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August 4th, 2009, 11:47 AM
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Executive Member
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Join Date: May 2006
Location: Connecticut
Posts: 4,054
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Comps are nice, but you really need to earn cash too. Sooner or later you will hit the session from hell, and you will need to have built up your cash reserves to absorb it.
Besides, they can (and will) take your comps away anytime they want to. Your cash is yours to keep.
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August 4th, 2009, 01:05 PM
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Executive Member
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Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
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Quote:
Originally Posted by Automatic Monkey
Comps are nice, but you really need to earn cash too. Sooner or later you will hit the session from hell, and you will need to have built up your cash reserves to absorb it.
Besides, they can (and will) take your comps away anytime they want to. Your cash is yours to keep.
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No fear of that. I spend them as fast as I can. But, yes, I agree. It is good to build up your br. I am a little worried because I spent the last $1,300 I made in AC, and will be a little on the short side my next trip.  
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