New counters, advice on adjusting BS

[UK-21]

I didn't know they recorded cash outs - have never seen anyone recording info when people leave the table ever, but then I've never seen anyone change up chips to the value of more than about £50 when leaving (apart from me!). You sure on this one?

On my most recent trip to a Gala, I forgot my membership card, but they let me in without checking my ID all the same. It meant they couldn't track my buy in, although of course I didn't pick up the brownie points (not that they're worth much).

Bearing in mind your results, you're obviously doing quite well and if the house know that you've relieved them of c£1,600 in just a few weeks, playing the £2 table, you may find their patience wears thin eventually. There aren't many people who win money at these places over the longer term. Perhaps they're just waiting for when you lose it all back to them?

 

[ycming]

Well not just all from one casino, IIRC, is like 1000 from one casino, then 400 between all other ones.

I don't actually quite know how they do it, but at the screen there is a section for buy in and cash out. Probably don't track everyone.

Yeah, they must be thinking their luck must run out.

My birthday today, so casino will resume on the Sunday Will update

Ming

 

[UK-21]

"I don't actually quite know how they do it, but at the screen there is a section for buy in and cash out. Probably don't track everyone. "

Try and find out. I suspect the software is something Gala have bought in from the States, where tracking buy ins and cash outs is seen as more important for comping reasons, and knowing the net value of regular players. I suspect strongly they rely on the HMRC cashing out requirments to provide them with info on regular players who may represent some "leakage" from the P&L account.

 

[ycming]

We have hit the 2k profit mark . But it seems it is hard to get away from it!

We have decided to stake to the same bet spread until my friend gets back from canada on the 13 oct.

Newb99, yup you are right, at the moment the Gala i play in do not record cashing out value, but the one i have seen does. So it is kinda weird.

We are thinking of going on the gala gibraltar holidays.

(Dead link: http://www.galapokergibraltar.moonfruit.com/)

the deal we found is £222 / person for fligths and hotels for 4 nights . Pretty good that is.

thanks
Ming

 

[UK-21]

Let us know what the hotel and food is like. Mrs N and I have been looking at it for next year sometime.

Newb99

 

[ycming]

Will do mate .

Another question, from people's experenice when do you decide to move the unit bet size up ?

Like does BR and unit size have a linear relationships?

So in my case:

2000 BR = £5/unit does that mean at:

4000 BR = £10/unit ?

6000 BR = £15/unit?

and so on...

And i guess the bet spread will stay the same.

On a side note:

I now accept that just don't understand what we doing, so we just agree with them yup yup we are just degenerate gamblers. But it is rather funny one is stuck in an office and we are having a laugh with hotel and food paid for

Any help on the question would be great!

thanks
Ming

 

[UK-21]

If my memory serves me correctly, you started with £2K giving you 400 units. You now have £4K giving you 800 units? What this does is significantly decrease the possibility of you losing the lot if your unit bet value remains the same - the RoR figure.

By increasing your unit value to £10 you are increasing your chances of going bust, back to what it was when you started. A matter of risk and return again and the RoR you're prepared to live with. Your call really.

If you do increase your unit value in pos counts, then do think again should you be in the position where you have lost, say, 100 units. The other risk is that your spread will become £2-£80, which even at Gala may draw some attention.

 

[tripsix]

Now you've hit 4k, congrats!

Forgot to add the table ranges are £2 - £400.

So at negative count i won't be betting 1 unit = £5 just £2.

Does that affect much ?

Thanks
Ming

Since your effective spread is already 1-20 you may not want to increase it. It appears a fair advantage may be had at this spread and level.
With your original BR of 2K it was a little bit of a risky proposition, but we gotta go for it sometime. A 4K BR is much better to survive the variance which may be encountered.
Just a feeling from your posts, it appears you are operating, 'under the radar' for the venues you're playing. Considering the geographic availability as well, I suggest keeping your spread the same.
If you double your BR again, consider taking trips to new horizons, playing at a higher spread as if you are a high roller. Raising your spread at your usual haunts may raise red flags.
just my 2 pence worth

 

[ycming]

ah sorry my bet spread is only 1-8 spread.

With 1 unit = £5

Thanks for the advive everyone

Ming

 

[ycming]

Just an update if anyone is interested, after the hit we took in canada lossing £1500. We have recovered , at one point our BR was down to £700. We have also swithed our bet spread from 1-8 to 1-12, where keeping out bet units the same at £5.

Now we are winning £2450, with our BR at £4450. Hopefully this is the point of no looking back!

Does anyone thinks the ROR is too high with a spread of 1-12 ? Was even thinking a spread of 1-16, but we felt that was too much!

Thanks for all the help guys
Ming

 

[Kasi]

So how do you recommend these guys bet this game? zg

Just lost a typically long-winded post lol.

Count your blessings lmao.

Didn't mean to be rude to you by not having replied to your question earlier but I re-read post since it was brought up again and noticed it.

The Long and Short of it is, no freakin clue how to bet it with "wonging-out", spreading, ENHC, re-splitting Aces maybe, with Early Surrender vs Ace or 10, can't remember, maybe while spreading to multiple hands at certain points and maybe while changing spreads from 1-12 to 1-16, etc. That's like 3-9 sims already lol.

I don't have a sim to figure out an optimal-ramp, risk etc.

I just can't play without knowing how to bet and what my risk to roll is. Apparently, I'm some kind of weirdo lol.

So, to answer your question, I'd bet how my sim told me too. I'd never bet at all w/o knowing what to expect and what "variance" meant in my chosen case.

How these guys apparently often spend years betting without knowing risk is beyond my very limited comprehension and my definition of "gambling".

On a side note - what do you think of old Uncle Sam proposing imposing a 5.4% surcharge on income > $1MM? God Bless high-denomination slot-players who generate hundred's of W-2 G's/yr unable to offset losses on Schedule A.

I don't know what can be simpler.

Buy a sim and bet like it tells you.

 

[Kasi]

Does anyone thinks the ROR is too high with a spread of 1-12 ? Was even thinking a spread of 1-16, but we felt that was too much!...

What do you think your ROR is in the first place?

Do you even know what risk, if you knew it, would be the risk you like?

Keep in mind, whether spreading 1-12 or 1-16, you can keep your risk-to-roll the same merely by betting a different amt of units at each TC.

I forget how many years ago you began this thread, but, really, is there SOME point, while risking real money, with apparently ucertain spreads, at which you will at least consider buying a sim?

No big deal, ycming.

God Bless the Child Who Has His Own.

 

[UK-21]

Regardless of whether you do any in depth sums, one thing to remember is that doubling the bet spread doesn't double the risk of ruin - as 80% of the time you'll only be betting one unit.

Unless I've misread something, YCMing started with a bankroll of £2,000 spreading 1-8, and now has a bankroll of £4,450 and is considering spreading 1-16? So at TC+2 it'll go from 2 to 4 units, at +3 from 4 to 8 and at +4+ from 8 to 16 units. As the jump from 8 to 16 units will only be applied 8% of the time, and bearing in mind his bankroll has increased from 400 to 890 units, on the surface I would think the RoR would be largely unchanged - or perhaps even a smidgeon less - than when he started?

A sim would come up with the definitive indication, but looking at this with a reasoned MK1 eyeball, I can't think it will have significantly altered. Perhaps I'm wrong though?

 

[ycming]

Thanks for the info guys!

IS the sim CVdata that everyone talks about? I used it as a trial version and found it slightly complicated ......

And is the ROR only be worked out on a sim?

And this thread only started on the aug 2009.

Ming

 

[ycming]

Also in blackjack attack there is a chart that gives you the ROR knowing 3 things:

- BR in units
- per hand expectation ?
- standard deviation ?

So how would i work out the per hand expectation and standard deviation ?

Thanks
Ming

 

[psyduck]

I believe there are free online calculators to use.

 

[ycming]

Just a little update, variance seems to be a right bitch at the lowest point we have actually moved from £4450 to £720. But after some grind and rigorous playing we have moved to another all time high!

Our backroll is now £6215!

Next step as suggested in other thread is to move to the Zen count, but i think we will spent time on that after new year!

Thanks
Ming

 

[psyduck]

Just a little update, variance seems to be a right bitch at the lowest point we have actually moved from £4450 to £720. But after some grind and rigorous playing we have moved to another all time high!

Our backroll is now £6215!

Next step as suggested in other thread is to move to the Zen count, but i think we will spent time on that after new year!

Thanks
Ming

What are your current % advantage and N0?

 

[ycming]

not sure what NO is,

We max bet at Tc+4 using hi lo, so that's around 1.5% advantage. Game is ENHC with a HE of 0.54.

Ming

 

[ycming]

What do you mean by a 1-25 limit table? (or do you mean 1 - 250?)

Like table limit from $/£1 to $/£25 ? That seems rather low for such table ...

Ming