do i really want this? .... advice please

#1
Before posting I'd like to say how sorry I am to hear about Rob McGarvey (I don't get on hear that often).. a little over a year ago he helped me get started in online play... everything he said was on the money and every bonus he agreed to split with me was sent; pretty awesome considering we met over the internet... god bless may you rest in peace...

.... While at a Christmas party (mingling with some folks I didn't really know) the subject turned to gambling (mostly hold'em.. friggin' TV). When a guy's wife made a comment about his losses at the craps table I turned to my fiancee (this is her crowd by the way..... my redbird A double S doesn't run in these cirlces), "did she just say that hubby lost a hundred large throwing dice!!!???"
The little wheel in my head started doing double time. Sure enough I made a comment to the Mrs. and the curiosity got the best of her and she told hubby and he wanted to hear the one minute speech on a subject near and dear to all of us .... With in minutes I found myself at a hold'em table with a small crowd around me .... 20 chips in front of me, he's the dealer (SD, H17, DA2, no DAS, 5 hands per deck, spread 1-4) .... I suddenly realize I'm nervous. Now here's the problem, it went too damn good!! 4 units out ... snapper, 1 unit out neg. count hard 12 against a 4 ... hit and win, after five decks I had over doubled the stack. He makes a proposal that the first trip we'll sit together and play black; if it goes well we'll switch to purple (holy crap... this man just said purple!).... he's got visions of millions and i've got visions of 1.5% or a .22 behind the ear if I lose his money (yes, crazy thougts did enter my mind). Here's the question and all thought's will be greatly appreciated. Would you sit down with a backer's money? If so, what kind of a split would you ask for? Thanks in advance
-Double Down Dutch
PS. I'm in Reno for the NBAA conference feb. 12-16 (at a nickel table of course) if anyone happens to be in the area the beer is on me (while at the tables.. but you're drinkin' alone.. lol)
 

Victoria

Well-Known Member
#2
casinos are not our ATM machines

Your friend might be under the impression that being a cardcounter means that you are going to be a winner just about every time you walk into the casino. It is an easy false impression for most people when you consider the ways we are portrayed in movies and tv. Casinos also do not mind letting the public think that they would go broke if they let some counter take advantage of them. If you go into a partnership with him, it should be made clear to him that you are striving to get a small, perhaps 1.5% advantage and in the long run should win about 55% of your visits, loosing the other 45%.

Some might think it would be real nice if casinos were our ATM machines but to me that would take much of the fun out of beating them.

Victoria
 
#3
Depending on the size stakes...

... and overall cumulative length of play, between 10% and 50% should be your cut. If he is going to bet the money himeself, then you will need to create and sufficiently practice a signalling technique for his bets/plays. PRACTICE! You will also need a strategy for his table exits and cover bets.

Ideally you should l;ine up another player of two to spot multiple tables for him. zg
 
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