am I making mistakes?

[gamblingghost]

more please

Perhaps there should be two distinctions : betting less and under betting.

hmm, are you saying one of these means the spread is not enough to get
an advantage? Or, both have to do with bet size in correlation to BR size
but there is a distinction.?

 

[paymypush]

hmm, are you saying one of these means the spread is not enough to get
an advantage? Or, both have to do with bet size in correlation to BR size
but there is a distinction.?

By under betting I was referring to reducing bet size based solely on a losing streak during a good count. I've seen experienced counters do this to try to stop the bleeding. This of course is nothing more than superstition. If you're only betting a fraction of your max when you should be at max, you are giving something up.

I've had the same horrible swings as everyone else and they can shake you to the core. Without knowing the op's experience, I was trying to encourage him or her to persevere and under betting is an area that doesn't seem to get much attention.

 

[Bondy3]

my unit is the table min, sometimes during the day they have tables with lower min, but I want to stay consistent.

I got backed off playing at a smaller joint that only had 1 table and I played for a 5 hour session. the backoff was at the end of 5 hours

Also my BR is replaceable at a rate of 100 units / month

I am not playing blackjack for a living, its more of a hobby, I have a real job that gives me security, so if I loose too much I can just stop playing for a while and rebuild my bankroll.

Also, of my loss, 290.5 units was from one HORRIBLE session:flame:. (the .5 is from getting a blackjack with a 1 unit bet)

I have overbet and I have under-bet in the past, but after loosing a lot when overbetter and winning a lot when underbetting I dont do that anymore. this 173 hours is all no overbetting or underbetting, I have been very consistent because I want to do it right.

I would be content making 1 or 1.5 units per 100 hands, this is just a hobby, nothing more, nothing less

 

[MountainMan]

Rather than raising your bet spread, try finding a better game. DD with decent rules and pen will do. I think the shoe games are like trading punches with Mahamed Ali. If you raise your spread to 20:1 you'll be on a bigger roller coaster.

 

[paddywhack]

i really like that you two guys are harping on the bankroll/money management issues. It seems to be one of avenger's pet projects as he is constantly bringing it up. I think most players thinking of playing seriously, whether pro or not, are not educated nearly enough in this, probably the most important aspect of the game. I know one player, a few years back who wasn't! irks me a little bit when players are concentrating on playing a level 2 system or adding indices, when they don't understand the more important money management/bankroll requirements and then go out and play under-bankrolled or over bet the bankroll that they have. Good job.

x2

 

[Bondy3]

sounds like my money management sucks, i thought a br of 1000 units spreading 1-10 units was plenty, are you seriously telling me that i started out seriously underfunded?

 

[ringlejames]

sounds like my money management sucks, i thought a br of 1000 units spreading 1-10 units was plenty, are you seriously telling me that i started out seriously underfunded?

1-10 spread with 100 top bets is a great start. For a 4 deck game. 6-8 decks I would spread to 1-12 wonging till you build better bankroll. Your ror is kind of high however. Im guessing between 14-24%. Would be good if someone could give exacts.

1000 units for ur main bank is pretty nice. I am guessing red chipping???

I would however wong in until you have a 2000 unit bank. If you dont run into any horrible negative varience you could get there within 5-10 trips. Then you can get to the pure profit what do I buy with it first bankroll. At that level. You cant work anywhere between 1-10 hours a week and make a career out of it. A living. But be careful and live by basic strategy and the count as if your life depnded on it.

 

[Bondy3]

1-10 spread with 100 top bets is a great start. For a 4 deck game. 6-8 decks I would spread to 1-12 wonging till you build better bankroll. Your ror is kind of high however. Im guessing between 14-24%. Would be good if someone could give exacts.

1000 units for ur main bank is pretty nice. I am guessing red chipping???

I would however wong in until you have a 2000 unit bank. If you dont run into any horrible negative varience you could get there within 5-10 trips. Then you can get to the pure profit what do I buy with it first bankroll. At that level. You cant work anywhere between 1-10 hours a week and make a career out of it. A living. But be careful and live by basic strategy and the count as if your life depnded on it.

get an additional 1000 units and double my bankroll in 5-10 trips? you mean 5-10 trips of playing 48 hours straight and overbetting?

here are the profits and loss's of my last 37 trips (totaling 173 hours), I bolded the outliers

12
14
-9.5
0
47.5
-89.5
125
92.5
77.5
75
-110
-55
70
23.5
91
-36
30
-290.5 <---- WTF variance
-95
15
-68
-24
0
-30
5
-20
-20
2.5
0
35
40
-100
-50
-48
-59
10.5
-65.5
0.5 <---- Got backed off so ended session early
52.5
-32
115.5
-11.5
-110

sum: -389

 

[blackjack avenger]

saying vs doing

You say you can add to your bank?
Will you?
If yes, not overbetting
If no, overbetting probably

 

[zengrifter]

A 1-10 spread, as you have been told, is not going to make you alot of money but it should still be making you money,,
CP

I don't think 1-10 play-all is sufficient for a newbee. zg

 

[ringlejames]

I don't think 1-10 play-all is sufficient for a newbee. zg

I would have to agree with you there ZG.

I suggested wonging till he built a sufficient BR. Around 2000 units. Although I did leave out that fact that he should break down his MAIN BR into Im thinking 1k groups. I break my 9k down to $500 individual bankrolls, but Im special.:grin:
Would love to hear what you think ZG.

Also to the person we are talking about, not sure if it is the OP, but it seems to me you are either losing the count or just overbetting. This game is not for the weak minded brother. Practice practice practice. My home results before I started going to the casino shows about what urs does. Loss count, over betted. Betted way wrong... Your result should look like my casino play results with hi-lo playing a 4-8 deck games. You should be capturing the high end of the standard deviation 2/3 of the time looking back at my Hi-lo casino play stats. The other 1/3 is split between low-end profit and groups of negative variance. My first year and a half I had 11 trips I showed a 1342 unit profit. Spreadin 1-12 on 6-8 deck games, 1-10 on 4 deck games wonging. I have my DD and SD on separate columns.

I would find a good 4 deck game and wong-in with you 1-10 spread. Playall is way too dangerous with such a small bankroll. Scale is everything in this game of investment, if you dont understand that or accept the advice, you might as well play penny slots with a 17% HA.

 

[Bondy3]

I would have to agree with you there ZG.

I suggested wonging till he built a sufficient BR. Around 2000 units. Although I did leave out that fact that he should break down his MAIN BR into Im thinking 1k groups. I break my 9k down to $500 individual bankrolls, but Im special.:grin:
Would love to hear what you think ZG.

Also to the person we are talking about, not sure if it is the OP, but it seems to me you are either losing the count or just overbetting. This game is not for the weak minded brother. Practice practice practice. My home results before I started going to the casino shows about what urs does. Loss count, over betted. Betted way wrong... Your result should look like my casino play results with hi-lo playing a 4-8 deck games. You should be capturing the high end of the standard deviation 2/3 of the time looking back at my Hi-lo casino play stats. The other 1/3 is split between low-end profit and groups of negative variance. My first year and a half I had 11 trips I showed a 1342 unit profit. Spreadin 1-12 on 6-8 deck games, 1-10 on 4 deck games wonging. I have my DD and SD on separate columns.

I would find a good 4 deck game and wong-in with you 1-10 spread. Playall is way too dangerous with such a small bankroll. Scale is everything in this game of investment, if you dont understand that or accept the advice, you might as well play penny slots with a 17% HA.

first, I dont understand why anyone would ever play slots, 17% HA is crazy.

second, there are no 4D games in my state, Also no DD games with decent pen in any of the casinos around me

third, when I go to a small local casino I feel like I have to play all because there is only 1 BJ table.

fourth, I break my bankroll up into 1k bankrolls, but I bring multiple of them with me when I go play

fifth, how do you mean I should be in the positive end of one standard deviation? you cant control what happens and that's why we play on a bell curve and there is a risk of ruin, yes I SHOULD be in the positive but just because i'm negative doesn't mean I am playing wrong, anyone who has studied statistics or has much experience with AP should know that bad swings happen

 

[ringlejames]

first, I dont understand why anyone would ever play slots, 17% HA is crazy.

second, there are no 4D games in my state, Also no DD games with decent pen in any of the casinos around me

third, when I go to a small local casino I feel like I have to play all because there is only 1 BJ table.

fourth, I break my bankroll up into 1k bankrolls, but I bring multiple of them with me when I go play

fifth, how do you mean I should be in the positive end of one standard deviation? you cant control what happens and that's why we play on a bell curve and there is a risk of ruin, yes I SHOULD be in the positive but just because i'm negative doesn't mean I am playing wrong, anyone who has studied statistics or has much experience with AP should know that bad swings happen

If I sounded condescending I did not mean too. If you could refrain from being condescending I will to.

From what I understood you sounded like a newbie.

also if your seeing negative variance this early on in the game, dont worry you should be skating happy in no time. Hopefully. Granted you play right. I used to swear up and down I was playing right, and I was the first 36 hours of 72 hours of straight play-all.

Then i broke down my trip into 45 minute sessions as wong suggests it should be the way you play. It keeps your mind clear gives you breaks to use the restroom and re-energize and regather.

I thought I had it all figured out and I thought I was an a.p. for a long time. But then my mind opened.

Also if you only have one playable wong in table, YOU ARE NOT GOING TO LAST. If you dont have any playable DD games with only one playable wong-in table, you are not going to last. Sound like to me, your town is crap. Buy a bus ticket spend 100 or so on a roundtrip ticket what ever you got to to find a decent game. With you bankroll that should be no problem.

I was giving advce just like I am now... TAKE IT.

 

[Sucker]

You will find some excellent advice on this website. You will also find some not-so-excellent advice here. You will find advice that simply does not apply to your particular problems. And you will find some very horrible advice. Your job, Bondy; is to sort out which is which. Easier said than done.

 

[ringlejames]

Also as I was told a few days ago as a way to enlighten me...

Never attempt to teach a person that refuses to learn.
The first beliefs you should challenge are your own.

 

[blackjack avenger]

because we have been told to?

that's why we play on a bell curve and there is a risk of ruin.

Why play with a ror?

 

[tthree]

You can wong out. If you are going to the casino to play 2 to 4 hours of BJ, they don't have to be all at once. Wong out and find something else to do for a while. You might find a great act for cover if you do it right. Womanizer, drunk, sports nut or maybe play or watch other games like you are trying to learn and get your feet a little damp.

 

[AussiePlayer]

You will find some excellent advice on this website. You will also find some not-so-excellent advice here. You will find advice that simply does not apply to your particular problems. And you will find some very horrible advice. Your job, Bondy; is to sort out which is which. Easier said than done.

Very well put.