High Roller

[dinghy]

The house always wins. Haven't you heard?

Yes, I've heard.

Let's assume APs don't exist. Some VP players occupy what I would call the "stalemate" category. They're not outright winners, but considering comps and operational costs, the casino doesn't profit from them.

Casinos need losers, and losers need encouragement and inspiration. It's okay to lose if you had fun doing it.

[FAA]

I like the concept. We are Stalemate. Nothing much happens either way to move the meter. Casinos consider us tolerable nuisances. We're like the ants at a picnic. They need losers to come, hunker down, spin or roll their way into a hefty loss trip after trip. That is their bread and butter business model.

[Vman96]

I've watched some of his stuff lately. Some of his comments or advice make me cringe. "Backup Bankroll", wtf is that nonsense?

Now the intro to his videos are sharp.

[dinghy]

"Backup Bankroll", wtf is that nonsense?

As I understand, each type of gambling money requires different game selection and strategic considerations. The initial insert is your starting bankroll. Then after you go broke, you insert your backup bankroll. If at any time you pull ahead, you're now playing with house money.

There's a fourth type of gambling money unrelated to the others: free play. If you receive free play, you should start a thread asking what to do with it. The correct answer is $5 Wheel of Fortune slots.

[onemoretry]

If at any time you pull ahead, you're now playing with house money.

Actually, you're not. Before you won it, it was their money, but after you've won it, its YOURS.

[Jstark]

If at any time you pull ahead, you're now playing with house money.

Actually, you're not. Before you won it, it was their money, but after you've won it, its YOURS.

In reality, it was somebody else's money before the house got ahold of it.

[dinghy]

Actually, you're not.

Yes, it's a versatile concept. I'll give it to you in his own words. The basic idea is you play Bonus Poker, but then after you're ahead, you switch to TDB.



Then after you win at TDB, you go to a bad-paytable casino as a form of punishment.



Very important to note that you're NOT playing with ordinary money. You're playing with house money.

Hope that helps.

(Quoted comments are from parts 8 & 9 respectively of the Red Rock video series.)

[FAA]

I’m not okay with the “backup bankroll” either. You busted, it’s over. Don’t double down on a beat down. Not repeating that mistake.

[onemoretry]

Very important to note that you're NOT playing with ordinary money. You're playing with house money.

I don't know why you would think that any casino winnings in your pocket are different from funds you walked into the casino with.

If you put $100 into a machine, and are fortunate enough to cash out with a profit, all the money you leave with is yours, to do with as you wish. It is no longer "house money".

[dinghy]

I don't know why you would think that any casino winnings in your pocket are different from funds you walked into the casino with.

For me it's like learning another language. I can tell you the "what" but not necessarily the "why."

I think most gamblers are "doers." They learn by doing. Advancement is achieved through trial-and-error and pattern recognition. The "house money" concept may have arisen because someone played several sessions and discerned a tendency to win further when already ahead.