Blackjack and Card Counting Forums - BlackjackInfo.com

  #1  
Old July 31st, 2009, 04:38 AM
flyingtriangle flyingtriangle is offline
Member
 
Join Date: Jul 2009
Posts: 7
Question 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.
Reply With Quote
  #2  
Old July 31st, 2009, 08:07 AM
johndoe johndoe is offline
Executive Member
 
Join Date: Aug 2008
Posts: 965
Default

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.
Reply With Quote
  #3  
Old August 2nd, 2009, 06:58 AM
Xur Xur is offline
Senior Member
 
Join Date: Mar 2009
Location: New England Area
Posts: 120
Default

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.
Reply With Quote
  #4  
Old August 2nd, 2009, 08:06 PM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
Default

Quote:
Originally Posted by Xur View Post
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.
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.
__________________

Reply With Quote
  #5  
Old August 4th, 2009, 01:49 AM
Blue Efficacy Blue Efficacy is offline
Executive Member
 
Join Date: Apr 2008
Location: Tundra
Posts: 699
Default

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.
Reply With Quote
  #6  
Old August 4th, 2009, 07:04 AM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
Default

Quote:
Originally Posted by Blue Efficacy View Post
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.
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
__________________

Reply With Quote
  #7  
Old August 4th, 2009, 08:59 AM
13Counter 13Counter is offline
Member
 
Join Date: Aug 2009
Posts: 15
Default

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.
Reply With Quote
  #8  
Old August 4th, 2009, 10:49 AM
bjcount bjcount is offline
Executive Member
 
Join Date: May 2008
Posts: 807
Default

Quote:
Originally Posted by 13Counter View Post
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.
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.
Reply With Quote
  #9  
Old August 4th, 2009, 11:47 AM
Automatic Monkey's Avatar
Automatic Monkey Automatic Monkey is online now
Executive Member
 
Join Date: May 2006
Location: Connecticut
Posts: 4,054
Default

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.
Reply With Quote
  #10  
Old August 4th, 2009, 01:05 PM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,600
Default

Quote:
Originally Posted by Automatic Monkey View Post
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.
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.
__________________

Reply With Quote
Reply

Tags
bankroll, minimums, penetration

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 09:17 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright 2005-2009 Bayview Strategies LLC