I recently had a five figure loss on an opportunity with a much larger edge than standard card counting. Before my trip ended due to time constraints I got more than half of it back in dramatic fashion but unfortunately still left town in the hole a few thousand on a game that’s “hard” to lose at. Shit happens.
Here’s the thing though. Common wisdom is to just “understand the math and keep playing.” Another common reaction is to try and figure out just how bad your luck was. These are not the best reactions. What you should do after a heavy loss (or any other time, really) is to examine your game and what you think went right and what went wrong. Were there leaks in your game? Are you sure you did everything correctly. I went home after this loss, reflected, and will do research to see how I can take advantage of my opportunity even more. I am pretty sure I can improve on the edge I already had. I didn’t go home and sulk on how bad my luck was or try to figure out how many sigma I was down. That information won’t do me any good.
James Grosjean wrote an excellent article a few years back regarding the attitude toward losing. It changed my perspective and it should change yours.
https://www.lasvegasadvisor.com/gam...ve-variance-juicy-count-games-and-ishniae-sp/