sevenshooter
sevenshooter
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January 16th, 2010 at 10:37:58 PM permalink
In choosing to play a game over which one has a reasonably significant advantage plus disciplined bankroll management, it is not a difficult feat to routinely leave the table with relatively "big" wins.

I believe what constitutes a large win is the real-world value of the chips one cashes out. Once an advantage-gambler works his/her way up through the ranks of casino chips consistently grinding out wins ranging between, say, four to ten units, it is quite common to be walking away with profits exceeding the thousand dollar mark.

Personally, I usually play at a level high enough to secure these "big" wins on a daily basis yet at the same time small enough that I remain under the radar of the pit crew. For example, if the table maximum is $500 then I'll be using only green chips making wagers of one to six units. Black chips at higher limits.
seattledice
seattledice
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January 16th, 2010 at 11:52:39 PM permalink
Quote: sevenshooter

In choosing to play a game over which one has a reasonably significant advantage plus disciplined bankroll management, it is not a difficult feat to routinely leave the table with relatively "big" wins.

I believe what constitutes a large win is the real-world value of the chips one cashes out. Once an advantage-gambler works his/her way up through the ranks of casino chips consistently grinding out wins ranging between, say, four to ten units, it is quite common to be walking away with profits exceeding the thousand dollar mark.

Personally, I usually play at a level high enough to secure these "big" wins on a daily basis yet at the same time small enough that I remain under the radar of the pit crew. For example, if the table maximum is $500 then I'll be using only green chips making wagers of one to six units. Black chips at higher limits.



There are a couple of interesting comments here. A table game with a significant advantage? Based on the context, I assume you mean a player advantage? I'm sure we'd all like to see that!

Besides the common wins, isn't it also quite common to be walking away with losses exceeding the ??? mark.

What do you mean "under the radar of the pit crew?" What are you trying to avoid? What is it that you don't think they know?
sevenshooter
sevenshooter
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January 18th, 2010 at 11:56:51 AM permalink
"There are a couple of interesting comments here. A table game with a significant advantage? Based on the context, I assume you mean a player advantage? I'm sure we'd all like to see that!"

Though it is difficult to quantify, a skilled precision shooter can achieve somewhere between 5%-10%. Three-and-a-half % for Three Card Poker.

"Besides the common wins, isn't it also quite common to be walking away with losses exceeding the ??? mark."

Always bet your advantage and adjust upwards as bankroll increases. This way you will win more than you lose and profits grow exponentially.

"What do you mean "under the radar of the pit crew?" What are you trying to avoid? What is it that you don't think they know?"

Betting the table max tends to attract unwanted and unnecessary attention from the pit. Routinely walking away with 5-figure wins will put a fast-end to your career as a precision shooter. Don't forget the boxman has the power to arbitrarily end you even getting to touch the dice let alone preset and axis shoot.
Aussie
Aussie
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January 19th, 2010 at 7:45:24 PM permalink
Quote: sevenshooter


Though it is difficult to quantify, a skilled precision shooter can achieve somewhere between 5%-10%. Three-and-a-half % for Three Card Poker.




How exactly do you come to have an advantage on a game like 3 card poker?
sevenshooter
sevenshooter
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January 19th, 2010 at 7:51:03 PM permalink
Quote: Aussie

Quote: sevenshooter


Though it is difficult to quantify, a skilled precision shooter can achieve somewhere between 5%-10%. Three-and-a-half % for Three Card Poker.




How exactly do you come to have an advantage on a game like 3 card poker?



I'm sure if you invest some time perusing through this site or the Wizard's sister site, "The Wizard of Odds", the answer will become apparent to you.
Aussie
Aussie
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January 19th, 2010 at 8:20:36 PM permalink
Couldn't you make it easier and just tell me? Just the principle, no need to get into details. Eg craps is through dice control, no need to explain all the settings etc.
sevenshooter
sevenshooter
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January 19th, 2010 at 8:28:17 PM permalink
Quote: Aussie

Couldn't you make it easier and just tell me? Just the principle, no need to get into details. Eg craps is through dice control, no need to explain all the settings etc.



https://wizardofodds.com/newsletters/2003-09-06.html
Aussie
Aussie
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January 19th, 2010 at 11:09:41 PM permalink
Thanks for that. Interesting read.
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