blackchipjim said:
I wonder really how many players that visit this site do have limits. We read where a player losses his entire bankroll then ponders what went wrong. I think alot of new players bet the farm telling themselves that math says it will equate to winning.
I have sat a many a table that was running the house but the count did't justify upping the bet. To sit at such a table takes enormous dicipline and not jump it up a little. At times like these I may jump a chip up or two to blend in with the winners.
I have also sat at many a tables when the tide turned the big winners into big losers and me sitting with my humble stack ready for the good counts to show. I have come to term this longevity at the table hence your stop loss limits. blackchipjim
voodoo, ok here? lol, oh well i'll try this post.
me, i do a lot of stuff that's not by the orthodox counter's manual, lol. i try and use the knowledge i have about the game to fiddle around and try and win some money.
but, i'm not tempted in the slightest when i see my table mates winning big in a negative count. i just get jealous as hell, lmao.
but as far as stop loss, mainly my trip roll is my stop loss for any given days play. no trips to the atm for me, lol. i'm a recreational player, out to have fun, learn and hopefully either break even or win a bit of loot, if i lose my meager trip roll, well that's it for me for that day.
but my voodoo is well, i do have goals, stop win and stop loss, with a caveat.
like my normal idea for a days play is about a three hours attack, maybe six hour attack if i have a room. i emphasize the word attack and not actual play time. so ok, i can easy know what expectation and standard deviations sort of stuff that might happen for not me, but for the most perfect card counter in the world that plays all, circa 100 hands per hour for say the hours of my 'attack'. additionally i know the expectation and standard deviations a flat betting basic strategy player might have for various hours of play. if you look at it, there is a sort of by comparison overlap for positive standard deviation of a flat betting basic strategy player and expectation and standard deviation of a perfect card counter for some given number of hands.
see, me, i can only just tolerate counting maybe a series of one, two maybe or three maybe shoes (six deck) and then i need to rest, lol.
what ever, but on this stop win and stop loss caveat, what i do is if i win as much as the expectation, some number of hands (say 100, 200 or 300hands) as a perfect card counter, i'll at least take a break, play some penny video poker, or maybe even a penny slot, just to take a break and have some fun and a change of pace. if i get so lucky as to hit positive one standard deviation for the perfect card counter or maybe the expectation that counter has for the number of hours of my attack, i might probably be done for the day, lol. voodoo, i know.
ok, so if i'm counting and i end up losing say the amount of expectation (maybe a bit more) that a perfect card counter might win over that many hands, what i might do is just flat bet basic strategy for a while and hope for some positive fluctuation. what ever, the fluctuation involved in just playing basic strategy will often enough (not always) put me back even or maybe close to even. if that happens i'll resume counting and using a bet ramp and spread again, hoping for the best. but the flat betting just playing basic strategy thing, it's not like i'll just keep playing that way, hoping for positive fluctuation, eventually if it doesn't happen the way i'm hoping, i'll probably take another stab at counting with a bet spread and ramp, again hoping for the best. (edit: oh yeah, and when i'm just flat betting basic strategy, i'll be doing that fuzzy count voodoo stuff of mine and maybe take a gamble on a raised bet if i think it's a good time)
so i guess this is the sort of thing your asking about, sorry for the voodoo examples i gave.
:whip:
