Trip bankroll as a percentage of total bankroll

hopson77

Well-Known Member
#1
I'm just curious to know exactly how much of your bankroll you take on a given trip to the store. I know the longer you plan on playing, the more money you should bring. Is it a function of % bankroll per hour anticpated playing, or just some arbitrary decision to bring X% of your bankroll with you?
 

Sonny

Well-Known Member
#2
I will size my trip bankroll based on my trip ROR. That way I will have a good chance of not going broke during play but won't be carrying too much cash either.

Often times your results will depends greatly on how the trip begins. If you start winning right away then, as your BR increases, your chances of going broke drop. You'll find that short trips often have a larger ROR than long trips. As Don Schlesinger said, "If they don't get you at first, they're unlikely to get you at all." (paraphrased...I'll look it up when I get home:) ).

-Sonny-
 
#3
Sonny said:
...You'll find that short trips often have a larger ROR than long trips....
-Sonny-
Well you'd think so, after all, 100% of the trips where you go broke are shorter than what you intended!

In my scheme of determining a trip bankroll I also include where I'm going and how I'm getting there. If driving a couple of hours to a nearby casino for a night of BJ it doesn't matter too much because I can always just drive back. For longer trips I can always get more money out of the bank (I use Bank of America and there are branches in most places) but you have to consider losing play time over nights weekends and holidays. For dedicated BJ trips you also have to consider that you will have wasted your travel expenses too if you go broke in the field.

At a casino I play a lot in, for a while I went with a very short trip BR in hopes of having to take a cash advance on my credit card. What a crazy thing to do- no counter who is actually a threat would ever do something like that! :cool:
 

hopson77

Well-Known Member
#6
But as long as there's a positive count out there, and you have money in your pocket, you should still be playing, right? I know it's not wise to burn through one's entire bankroll during a trip, if only because of the psychological damage it would do. If you're playing with a bankroll of say 1500 units, and you bring say 200 units, it's not unheard of to go on a 200 unit loss over a bad 2-3 days, though it is certainly not a frequent occurence. So should one tacke on a few extra units, or should you limit yourself to that 200 unit loss, re-group, and hit them at a later time?
 

EasyRhino

Well-Known Member
#7
Automatic Monkey said:
To make myself look like an out-of-control compulsive gambler.
I applaud your commitment to the method acting, but man, that's a very -EV play. Up to three percent in immediate cash advance charges, plus high interest until you pay it off starting immediately!
 
#8
EasyRhino said:
I applaud your commitment to the method acting, but man, that's a very -EV play. Up to three percent in immediate cash advance charges, plus high interest until you pay it off starting immediately!
Thats an acceptable charge - BUT, better still, use casino credit. zg
 
#9
zengrifter said:
Thats an acceptable charge - BUT, better still, use casino credit. zg
Can't do it. I gave them a bogus SSN after hitting a royal on VP.

Grifter-type question: what happens if I screw on a marker at an Indian joint? They're always invoking Indian sovereignty to get out of civil actions, can't we do the same and claim the agreement was entered outside of the US thus a US court has no jurisdiction?
 

ScottH

Well-Known Member
#10
Automatic Monkey said:
Grifter-type question: what happens if I screw on a marker at an Indian joint? They're always invoking Indian sovereignty to get out of civil actions, can't we do the same and claim the agreement was entered outside of the US thus a US court has no jurisdiction?
Great idea!
 
#12
I think you can do it, just like any casino, but I would think they would notify every casino within the country concerning defalt. In addition, I'd be surprised if they are not members of credit reporting agencies. Then again, I don't know how any casino would know unless you applied for a credit line. Just pay cash for everything. The more I think about it, even if you used your player's card they wouldn't have any reason to check your credit history even when giving comps.
 
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