rdw4potus
rdw4potus
Joined: Mar 11, 2010
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March 23rd, 2013 at 11:14:10 AM permalink
Quote: TheWolf713

And when did leaving a casino fall under the gambler's fallacy?



Are you talking about leaving and never ever gambling again? If so, we can talk. If not, then it doesn't matter when you end each gaming session...
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
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March 23rd, 2013 at 11:27:42 AM permalink
You are talking about strict adherence to win goals and loss limits and when a shooter has a hot roll you bolt out of there with your winnings and don't give it back.

In craps, players bolt. Haven't we all colored up and left after a hot roll?

But if you raise this point in a discussion with "advantage players" in video poker they will tell you when you come and go makes no difference because you always have an advantage with a positive expectation game... so they reject the idea of win goals. (I don't even think they have such a thing as a loss limit because they are playing a positive expectation game!!)
TheWolf713
TheWolf713
Joined: Feb 12, 2013
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March 23rd, 2013 at 11:35:19 AM permalink
Quote: rdw4potus

Are you talking about leaving and never ever gambling again? If so, we can talk. If not, then it doesn't matter when you end each gaming session...




So leaving does not effect if you " win" on a session... At all..

And time has absolutely no bearing on a win or loss..

Would this be something you agree with?? Im trying to understand the logic.
"I'm a DO'er and you my friend, are a Don'ter" -Mark Walberg pain and Gain
TheWolf713
TheWolf713
Joined: Feb 12, 2013
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March 23rd, 2013 at 11:40:14 AM permalink
Quote: AlanMendelson

You are talking about strict adherence to win goals and loss limits and when a shooter has a hot roll you bolt out of there with your winnings and don't give it back.

In craps, players bolt. Haven't we all colored up and left after a hot roll?

But if you raise this point in a discussion with "advantage players" in video poker they will tell you when you come and go makes no difference because you always have an advantage with a positive expectation game... so they reject the idea of win goals. (I don't even think they have such a thing as a loss limit because they are playing a positive expectation game!!)





So do you believe it is possible to make this an advantage in a negative expectation game?
"I'm a DO'er and you my friend, are a Don'ter" -Mark Walberg pain and Gain
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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March 23rd, 2013 at 11:40:58 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
AlanMendelson
AlanMendelson
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March 23rd, 2013 at 11:41:37 AM permalink
Absolutely I believe in win goals and loss limits. And I believe that you have to be at the table to catch the lightning when it hits.

I guess I was too cryptic in what I wrote. If you mentioned win goals and loss limits in a discussion forum involving advantage video poker players on their positive machines they would tell you -- and me --- that we're crazy. They would say that with a positive game they win on every hand played... or some crazy talk like that.

By the way, I started to use my new system of pass line with fire bet just so that I would be there when the lightning hits, but limit my losses when it doesnt. Unfortunately it takes a lot of discipline to stand there with a passline bet and watch the numbers go by.

But it did work for me at Rincon where I hit the fire bet for 5 numbers, $1250, and started it all with only $5 on the passline. Later I added a couple of numbers, but never went above $5 pass and $5 on the place bets.
Ibeatyouraces
Ibeatyouraces
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March 23rd, 2013 at 11:57:05 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
rdw4potus
rdw4potus
Joined: Mar 11, 2010
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March 23rd, 2013 at 12:06:12 PM permalink
Quote: TheWolf713

So leaving does not effect if you " win" on a session... At all..

And time has absolutely no bearing on a win or loss..

Would this be something you agree with?? Im trying to understand the logic.



If you "win" on a sesson and leave only to return later, then leaving has no effect other than to allow you to temporarily hold onto the money a bit longer before eventually losing it back. It's just like pushing a "pause" button.

How would time have a bearing on a single win or loss? You get a super duper hunch that the next spin will be black, so you only bet then?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Transender46
Transender46
Joined: Jan 2, 2010
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March 23rd, 2013 at 12:38:07 PM permalink
Quote: rdw4potus

If you "win" on a sesson and leave only to return later, then leaving has no effect other than to allow you to temporarily hold onto the money a bit longer before eventually losing it back. It's just like pushing a "pause" button.

How would time have a bearing on a single win or loss? You get a super duper hunch that the next spin will be black, so you only bet then?



And it all comes back to the gambler's fallacy
TheWolf713
TheWolf713
Joined: Feb 12, 2013
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March 23rd, 2013 at 12:57:27 PM permalink
Quote: Transender46

And it all comes back to the gambler's fallacy



Once again with gambler fallacy... How does it all come back to that???
Are the "wins" not independent of each other? Where's the fallacy?
"I'm a DO'er and you my friend, are a Don'ter" -Mark Walberg pain and Gain

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