DeMango
DeMango
  • Threads: 36
  • Posts: 2958
Joined: Feb 2, 2010
March 5th, 2013 at 4:01:14 AM permalink
Quote: 7craps

Nice post, but...
The reason why it "does not work" is the players fault. almost 100%
Too small a bankroll! Yep, you got it right.

They are underfunded. BIG TIME and it ain't no funny...

Most do not show proper bankroll needed to play different methods in Craps.
Math or simulation data.
The Wizard does not.
Not even a simple RoR table available.

Only a very few gamblers will ever play with the proper bankroll for their selected bet sizes and length of session play.
The others will just bitch and moan and blame all the mathss gurus for their misfortune, that they mostly brought onto themselves



This is a question to all, especially 7craps, to the above post, part of the biased dice saga.

What is the proper bankroll for someone who puts $50 on the table. Say $5 pass line, double odds (point is 9) and $34 inside?

Or: per $100 in play how much to bring to the table?

One more: Passline only using a stepladder progression (D'Alembert), no odds, $5 base bet, stopping at $100, max bet. Again how much to bring?
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
odiousgambit
odiousgambit
  • Threads: 326
  • Posts: 9570
Joined: Nov 9, 2009
March 5th, 2013 at 8:14:32 AM permalink
Quote: DeMango

This is a question to all, especially 7craps, to the above post, part of the biased dice saga.

What is the proper bankroll for someone who puts $50 on the table.



read the link. I noted I arrived at the same conclusions roughly on my own: about $500 for session and about $5000 in total. A 401G, the guy calls it. For session, I like to take more than needed actually.



Quote: DeMango

Or: per $100 in play how much to bring to the table?



note that it is 10 times that for session, then 10 times that overall. IIRC.


Quote: DeMango

One more: Passline only using a stepladder progression (D'Alembert), no odds, $5 base bet, stopping at $100, max bet. Again how much to bring?



I'd just go by the $100, making it $1000 etc., except with such low variance with just betting the line you could probably be OK with something less.

PS: for the link, I mean the one 7craps provided. It's pretty good.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
FleaStiff
FleaStiff
  • Threads: 265
  • Posts: 14484
Joined: Oct 19, 2009
March 5th, 2013 at 8:19:23 AM permalink
Quote: DeMango

What is the proper bankroll for ... $5 pass line, double odds (point is 9) and $34 inside? (Lets add reasonable tip to dealers and waitress,too).

In order to go four hours at a ten percent risk of ruin with the above betting scheme and an occasional tip, you would need 1,000 for a buy in.
EvenBob
EvenBob
  • Threads: 441
  • Posts: 28652
Joined: Jul 18, 2010
March 5th, 2013 at 8:48:00 AM permalink
People go to Vegas with $300 and think they have a BR.
Its not even enough to play the penny slots properly, let
alone a table game. When you take $300 to Vegas, just
give it to a bathroom attendent as a tip, at least it did some
good that way.

Now somebody will say they took that amount to Vegas
and came home with 2000. My reply is, I once found a
$50 bill on the sidewalk, whats your point.
"It's not called gambling if the math is on your side."
Buzzard
Buzzard
  • Threads: 90
  • Posts: 6814
Joined: Oct 28, 2012
March 5th, 2013 at 8:53:11 AM permalink
`Hey, I heard you once went to Las Vegas in a $200 car and came home on a $50,000 bus.

MISSION , IT'S A JOKE ! OK ?
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Gabes22
Gabes22
  • Threads: 15
  • Posts: 1427
Joined: Jul 19, 2011
March 5th, 2013 at 8:55:34 AM permalink
You see, that joke is really old. The bus only cost $50,000
A flute with no holes is not a flute, a donut with no holes is a danish
Buzzard
Buzzard
  • Threads: 90
  • Posts: 6814
Joined: Oct 28, 2012
March 5th, 2013 at 8:58:15 AM permalink
Well, I did not want to be suspended for insulting a senior citizen. EvenBob went there on a mule and came back on a stage coach.

IT"S A JOKE !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Ahigh
Ahigh
  • Threads: 90
  • Posts: 5197
Joined: May 19, 2010
March 5th, 2013 at 9:11:35 AM permalink
Quote: EvenBob

People go to Vegas with $300 and think they have a BR.
Its not even enough to play the penny slots properly, let
alone a table game. When you take $300 to Vegas, just
give it to a bathroom attendent as a tip, at least it did some
good that way.

Now somebody will say they took that amount to Vegas
and came home with 2000. My reply is, I once found a
$50 bill on the sidewalk, whats your point.



EvenBob.
Why
is
it
that
you
like
to
hit
the
enter
key
so
much?

I do prefer it to other posts online about gambling. I think my least favorite is the Mad Professor who changes colors and font sizes as if it makes his writings more credible because he can control what his text looks like.
aahigh.com
tringlomane
tringlomane
  • Threads: 8
  • Posts: 6281
Joined: Aug 25, 2012
March 5th, 2013 at 10:32:49 AM permalink
Quote: Ahigh

EvenBob.
Why is it that you like to hit the enter key so much?



He explains why he does it here:
https://wizardofvegas.com/forum/info/rules/3853-discussion-about-the-suspension-list/98/#post224407
Ahigh
Ahigh
  • Threads: 90
  • Posts: 5197
Joined: May 19, 2010
March 5th, 2013 at 10:45:46 AM permalink
Oh cool. That makes sense. Yeah, it doesn't bug me, really. I just get picked on so much I guess I felt like picking on him.
aahigh.com
EvenBob
EvenBob
  • Threads: 441
  • Posts: 28652
Joined: Jul 18, 2010
March 5th, 2013 at 12:46:39 PM permalink
Quote: Ahigh

Oh cool. That makes sense. Yeah, it doesn't bug me, really. I just get picked on so much I guess I felt like picking on him.



Take a page from a paperback book and hold it
up to my posts. They are almost identical, 10
words on average to a line. Yet you don't write
to the publishers complaining their books are too
narrow. Why is that?
"It's not called gambling if the math is on your side."
Ahigh
Ahigh
  • Threads: 90
  • Posts: 5197
Joined: May 19, 2010
March 5th, 2013 at 3:25:51 PM permalink
Quote: EvenBob

Take a page from a paperback book and hold it
up to my posts. They are almost identical, 10
words on average to a line. Yet you don't write
to the publishers complaining their books are too
narrow. Why is that?



If you re-read it, you will see that I said I liked it; it wasn't a complaint, just a question. But I was sort of picking on you in a way by asking the question.
aahigh.com
  • Jump to: