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October 8th, 2011, 12:40 PM
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Senior Member
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Join Date: Aug 2010
Location: South Island
Posts: 149
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Just got slaughtered for 110 units, I want to cry :cry:
What's the worst swing you guys have taken?
I need a drink...
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October 8th, 2011, 12:56 PM
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Executive Member
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Join Date: Nov 2006
Location: Midwest
Posts: 2,815
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Pierce
Quote:
Originally Posted by PierceNation
What's the worst swing you guys have taken?
I need a drink...
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Get used to it, that is part of the game, variance, swings, wipeouts, big wins. That is also the reason for a high washout rate of new counters. It is a dangerous bizzness, and nothing is really guaranteed,,well almost nothing
And of course, most of the games today are very inferior, making it even harder to realize your dreams. Keep your eyes open for other plays, expand your horizons
CP
Last edited by creeping panther; October 8th, 2011 at 08:14 PM.
Reason: spelling
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October 8th, 2011, 01:13 PM
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Executive Member
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Join Date: Aug 2009
Location: Area 51
Posts: 1,144
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Well I wish that was my worst beating...even in the last week! 110 units is nothing, I usually encounter such a loss at least once every week or 2. My worst was about 5 times that amount, and it's happened more than once.
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October 8th, 2011, 01:17 PM
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Senior Member
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Join Date: May 2011
Location: north
Posts: 117
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110 units is probably what? 10 max bets? not much?i thought ,it was suggested to have around 200- 400 max bets?
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October 8th, 2011, 01:23 PM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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i feel your pain but....
as a famous AP told me, (errhhh paraphrased a bit substituted 'pull the trigger' for spin), "Now pull the trigger ya chicken sh!t....!!! it's called a fluctuation....get used to it!!!!! Geeze    "
well that said, i feel your pain, and like CP was saying, expand your horizons a bit, a diversified portfolio really can help these situations.
yah never know when Snidely Whiplash is gonna call in a loan, or give yah one. it just happens.
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October 8th, 2011, 01:31 PM
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Senior Member
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Join Date: Mar 2011
Posts: 330
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Barely a mosquito bite
This is nothing. Way way worse will happen to you.
A reasonable 50-hour bankroll is 100 maximum bets. For a 12-1 spread, that's 1200 units.
On the simulator and at the tables I have seen downswings of 30 to 35 maximum bets in 8-10 hours of play.
Downswings of 110 units or more happen at least a couple dozen times in 1000 hours of play.
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October 8th, 2011, 01:56 PM
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Senior Member
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Join Date: Mar 2011
Posts: 218
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Quote:
Originally Posted by PierceNation
What's the worst swing you guys have taken?
I need a drink...
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If the were red chips it ain't about nothing. But if the were black, orange, or grey then you have a problem.
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October 8th, 2011, 02:08 PM
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Senior Member
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Join Date: Aug 2010
Location: South Island
Posts: 149
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Fantastic, looking forward to dropping 50 max bets next time I go head first into a 3% advantage....
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October 8th, 2011, 03:24 PM
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Executive Member
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Join Date: Mar 2011
Location: Casino backroom
Posts: 1,118
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Quote:
Originally Posted by stopgambling
110 units is probably what? 10 max bets? not much?i thought ,it was suggested to have around 200- 400 max bets?
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Probably don't even need 10 max bets. In 3 or 4 hands, with splits/doubles, insurance, etc., that doesn't go your way, can be down 100 units in a couple of minutes.
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October 8th, 2011, 03:54 PM
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Senior Member
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Join Date: Oct 2010
Posts: 449
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I just had a 110 bet loss in the last two sessions. Nothing would go my way. It happens, but what you have to say is in the long run you have the advantage. Just remember that it can go the other way and you will be up 110 units; and it will happen!
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