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Romes
Romes
Romes
Joined: Jul 22, 2014
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January 8th, 2016 at 11:57:57 AM permalink
Quote: GamecoxJax

Ahhh, and that is done by simple observation of table circumstances?

What specifically are you referring to?
Playing it correctly means you've already won.
odiousgambit
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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January 8th, 2016 at 12:06:22 PM permalink
Quote: Romes

So if your long term EV is -$10,000 for your lifetime, and you're already -$20,000... This means by the end of your life (decades from now) you can mathematically EXPECT to gravitate upwards towards that -$10,000 number.



ooh, this is wrong!

regression to the mean is a percentage only. The card gods do not know or care that you lost money so far. They will make no effort to get it back for you. However, the math gods will see to it that anomalous percentages of loss likely will return closer to expectation as a percent. Probably, you will lose more money in the process.
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
GamecoxJax
GamecoxJax
GamecoxJax
Joined: Jan 5, 2016
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January 8th, 2016 at 12:11:46 PM permalink
Quote: GWAE

Means playing certain games when they are at an advantage but not creating the advantage.



This was what my "simple observation" comment was referring to
TwoFeathersATL
TwoFeathersATL
TwoFeathersATL
Joined: May 22, 2013
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January 8th, 2016 at 12:56:16 PM permalink
Quote: GamecoxJax

This was what my "simple observation" comment was referring to

where ya cruising? Maybe more importantly, which cruise line? Gambling on a cruise line is tough, but some are tougher than others ;-)
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
GamecoxJax
GamecoxJax
GamecoxJax
Joined: Jan 5, 2016
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January 8th, 2016 at 1:02:17 PM permalink
Quote: TwoFeathersATL

where ya cruising? Maybe more importantly, which cruise line? Gambling on a cruise line is tough, but some are tougher than others ;-)



Norwegian Getaway outta Miami 7 days.... Drinks and specialty dining included (that's why we chose it)
TwoFeathersATL
TwoFeathersATL
TwoFeathersATL
Joined: May 22, 2013
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January 8th, 2016 at 1:20:50 PM permalink
Quote: GamecoxJax

Norwegian Getaway outta Miami 7 days.... Drinks and specialty dining included (that's why we chose it)

just came off a Norwegian 7 day out of Canaveral (thanksgiving). Let me think about how to respond and get back to you.....
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
GWAE
GWAE
GWAE
Joined: Sep 20, 2013
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January 8th, 2016 at 3:06:11 PM permalink
Quote: TwoFeathersATL

just came off a Norwegian 7 day out of Canaveral (thanksgiving). Let me think about how to respond and get back to you.....



I will be interested to hear. We were on norwegian a few months ago and had a great time. We also had drink cards and never had a problem getting a drink even when not playing. Just go to the bar and show the card. We also had ultimate beverage card.

Op, did you get this though a casino?
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
ukaserex
ukaserex
ukaserex
Joined: Jul 12, 2015
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January 16th, 2016 at 8:41:18 AM permalink
The OP mentions that he and the wife are not very good at gambling. This could be attributed to poor decisions at the tables or just Providence smiling at others instead.

The best way to stretch the gambling dollar is to discern which game - be it machine or table has the best edge. On a cruise, I don't think you can do this, unless one of the cruise dealers can give you some insight - and it's not a given that they'll even know or tell the truth.

If you truly love gambling - go to a casino that has plenty of competition. Save that gambling budget for the next trip to a casino.

There are plenty of other things - excursions, etc - that should give a better expectation of value.
"Those who have no idea what they are doing, genuinely have no idea that they don't know what they are doing." - John Cleese
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