About betting strategy and money management

The lighter side... playing for entertainment, less concerned about "the math."
olds442jetaway
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Re: About betting strategy and money management

Post by olds442jetaway »

Guess we will see

FAA
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Post by FAA »

10% daily interest. Maybe affix this Post It message on our machine. We could use the help.

olds442jetaway
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Post by olds442jetaway »

Check it yourself FAA. I bet you will be surprised how often that ten percent daily interest is attained. I’m guessing as a wild guess your BR may be 200-300 bucks. If we would only convince ourselves that twenty dollar bill is just like finding it on the sidewalk with nobody around that may have dropped it.

billryan
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Post by billryan »

olds442jetaway wrote:
Thu Aug 08, 2019 5:07 am
Guess we will see
Think about it. You are capping your winnings at 10% while allowing unlimited losses. It's like a Martindale. How much are you willing to lose to break even or be up 10%?

FAA
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Post by FAA »

You're once more missing the point. We are up the 10% at some point in our day, usually rather early to boot. This for me covers R/T expenses incurred. Chump change, but it beats losing.

billryan
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Post by billryan »

If the idea is to break even, why not just stay home.
If quit points work, why don't pro's use them? Why does a Bob Dancer not practice this? My math skills stink but it seems everyone with a lack of math skills looks at things like this as gamechangers , while people who know shake their heads..

Eduardo
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Post by Eduardo »

billryan wrote:
Thu Aug 08, 2019 3:27 pm
If the idea is to break even, why not just stay home.
1) If I stay home, my wife will find something for me to do.
2) Break even, with a chance to hit something big.
3) Because it's enjoyable to play the game in a casino.

billryan wrote:
Thu Aug 08, 2019 3:27 pm
If quit points work, why don't pro's use them?
Because Pros have a boring view of the game. :lol:

Jstark
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Post by Jstark »

Making money is boring?

case
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Post by case »

Leaving early....leaving late....does not change the odds. Billy is right about one thing and that is "capping your winnings at 10% while allowing unlimited losses" The first day you do not get ahead 10% your losses will knock those small wins out of the park.

In roulette if you keep doubling until you win, you will go home many times with a small profit. However the first time your doubling up does not work you lose all your profits plus WAY more.

Systems do not change the odds.

Eduardo
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Post by Eduardo »

Jstark wrote:
Thu Aug 08, 2019 7:36 pm
Making money is boring?
This probably describes 75% of jobs, yes.

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