Consolidation Betting Revealed

#1
Consolidation Betting Revealed

Circa'99 - This one is little known and stems from the theories of Mason Mamulth, 'BJEssays,'85 who is best known for poker and David Skalansky's partner.

It was first sim'd for me by GeoC who, in his own words said "at first I thought Grifter's idea was dumb." The sim-stats speak for themselves and GeoC named the scheme 'The Grifter's Gambit'

The Grifter's Gambit @ 2D

Typical Mirage 2-deck with 65 cards dealt, one player.
ZEN w/80 indices including split 10s.

Betting -
0/minus- 3 hand of 1 unit
TC 1,2 - 1 hand of 3 units
TC 3,4 - 1 hand of 5 units
TC 5+ - 1 hand of 7 units

Per 100 rounds, the sim showed -
a gain of 4.0u with a StDv of 49u.
DI 8.12 Score 62

RoRuin w/$50 units
25% $23K, 20% $27K, 10% $38K, 5% $50K, 1%
$77K.

For a typical 20 hour trip there is a 17% chance of
losing $12K

These numbers can be computed by using either JA's BJRM or Dunbar's Risk Manager. The sim was run on SBA 5.0.

I have applied the technique on and off in juicy DD games including Bellagio, Mirage, TxSta, IP and elsewhere with no heat. Irrespective of my great act, I think that the technique is pretty much off the counter-alert radar screen. I even allude to "my new system" while dealers and PCs alike grimace in disdain as I "chronically wreck the flow of cards after a favorable streak."

Recently I utilized it for hours on-end and repeatedly for several days at Bellagio, while listening to PC and dealer accounts of an on-going counter-purge, spreading
(alternating) oddly from 3x$50 to 1x$350.

I hesitate to include an estimate of just how many neg-decks I might abandon in an hour (the sim assumes NO exiting). I often appear to be closing a "big deal" and must run to the house phone or step back from the table frequently after an imaginary page or a pager/cell phone chirp (Icomplain excessively about the attorneys and associates needing me to hold their hand thru every detail!).

The Grifter's Gambit @ 1D

For a GOOD 1D there can be a virtual flat-bet-amount: -counts bet 3x1u and +counts bet 1x3u - this will yield a similar EV to a traditional 1-4 spread BUT w/higher variance.

Because the min-bet is 3x1u, the comps are much better, btw. zg
 

Poet

New Member
#2
Re: Consolidation Betting Revealed (An aside)

You my friend are an incredible fountain of light (to mix metaphors). You have helped me reflect on Zen, karma, ethics, populism, and more - and that was just so far today.

Mayor, You are to be congratulated on cultivating such a vibrant Web site!
 
#3
Re: Consolidation Betting Revealed (An aside)

Have you checked out the Illuminati Conspiracy webpage zg referenced somewhere here.I spent 4 hours reading everything on there and that forced me to use encyclopedia.com where i was researching every damn cult, secret society and mystic organzition on the globe..from kaballah to shriners..
Hehe zg ..bro where do you get the time..you must be a voracious reader..

Lee
 

Poet

New Member
#4
Re: Consolidation Betting Revealed (An aside)

Yes, that's part of what I'm alluding to. And I've been reading ZG and the M's past posts and the discussions triggered - sparks!
Now to the matter at hand, this strategy is brilliant I think. I hope it does not become a player tell too soon.
 
#5
Re: Consolidation Betting Revealed (An aside)

>> this strategy is brilliant I think. I hope it does not become a player tell too soon. <<
------------------

I don't use it exlusively in a session - I use it as a part of the mix of gambits, some of which are covered in the 'Art of 1D' post elsewhere on this page. zg
 
#6
The problem with this strategy is that most casinos put a restriction on betting more than one hand. For example, two hands you must double the minimum and three hands some places make you play 5 times the minimum. If you are a red chipper and your unit is $10 or $15, then your strategy is impossible to employ at these casinos.
 
Top