Pressing: Buy in amount?
Thread Rating:
I start at $20/$20 and buy-in for $500 (25x ante bet).
I press $5 only if I win 4x bet. If I lose, drop to $20/20.
If I get to $40/40 and win, then take profits and drop back to $20/20.
(I don't play Trips unless full house pays 9 units)
I was thinking of pressing $5 on every win.
In the long run, it'll be the same 2.x% house edge.
But pressing more leads to higher variance so I need a bigger bankroll.
How much bigger buy in to compensate for the increased variance?
Is there a formula?
I pressed after each win, even if it was 1 unit. (Ie: dealer didn't qualify so ante want paid)
I was up both sessions but 1 session was because I got quads at my pressed bet.
Hmm.. $15/15 and pressing $5 is 33% increase.
But at $5/5, pressing $5 is 100% increase.
If I lose $20/20 with Max bet, my session bankroll can take the hit.
If $5/5, I press to $10/10 with max bet and lose then that's a Large hit to my session bankroll.
So start with $10/10 (with matching buy in) as the minimum for my pressing strategy?
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
That tells me to not press beyond $100.
so if i win at 4x with $100, i'm doing to quit and savor this moment.
(that also means 20 wins in a row.. yes easier than 12 yo's in a row but still...)
You're really getting wound up about this!Quote: 100xOddsAnd why that amount?
Is there a formula?
link to original post
you should be able to calculate the EV of your betting without any help. For how many hands per hour get dealt, and how much you typically wind up betting, that is available at the WoO site page on the game
"How much to bring " is a matter of figuring out how much you might lose, not to say you can't win. In a high volatility game, I've found it can be 40 times expectations for a "session" which is usually 2-3 hrs. Decide if you want to have more than that, personally I don't like to color up nearly broke
You can also calculate 3 standard deviations, but that is for flat betting
Quote: 100xOddsok, after several tries at pressing $5 at every win starting at $5, i got up to $50!
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
link to original post
Do the reverse. Press one unit each loss and remove one unit each win (unless you are at just a one unit bet). It of course doesn’t change the HE or EV, but does have the psychically cool benefit of letting you have a winning session even if you lose more hands than you win.
Quote: unJonQuote: 100xOddsok, after several tries at pressing $5 at every win starting at $5, i got up to $50!
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
link to original post
Do the reverse. Press one unit each loss and remove one unit each win (unless you are at just a one unit bet).
It of course doesn’t change the HE or EV, but does have the psychically cool benefit of letting you have a winning session even if you lose more hands than you win.
link to original post
Thought about that but that's a Martindale.
Psychologically, i dont want to do a martindale.
Quote: unJonQuote: 100xOddsok, after several tries at pressing $5 at every win starting at $5, i got up to $50!
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
link to original post
Do the reverse. Press one unit each loss and remove one unit each win (unless you are at just a one unit bet).
It of course doesn’t change the HE or EV, but does have the psychically cool benefit of letting you have a winning session even if you lose more hands than you win.
link to original post
Thought about that but that's a Martindale.
Psychologically, i dont want to do a martindale.
Quote: 100xOddsQuote: unJonQuote: 100xOddsok, after several tries at pressing $5 at every win starting at $5, i got up to $50!
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
link to original post
Do the reverse. Press one unit each loss and remove one unit each win (unless you are at just a one unit bet).
It of course doesn’t change the HE or EV, but does have the psychically cool benefit of letting you have a winning session even if you lose more hands than you win.
link to original post
Thought about that but that's a Martindale.
Psychologically, i dont want to do a martindale.
link to original post
It’s an extremely mild version or a negative progression. But I get it.
Quote: 100xOddsQuote: unJonQuote: 100xOddsok, after several tries at pressing $5 at every win starting at $5, i got up to $50!
But i lost @ $50 then dropped back to $5.
Going to try press up when i win but drop 1 unit when i lose instead of going back to $5.
Just like pressing on every win, just dropping only 1 unit on every loss could mean a QUICK depletion of bankroll.
No matter the method, it's subject to the same house edge.
But my new way will give me more action. (Like continuous COME with max odds in craps)
But that also suggest an addition to action?
link to original post
Do the reverse. Press one unit each loss and remove one unit each win (unless you are at just a one unit bet).
It of course doesn’t change the HE or EV, but does have the psychically cool benefit of letting you have a winning session even if you lose more hands than you win.
link to original post
Thought about that but that's a Martindale.
Psychologically, i dont want to do a martindale.
link to original post
So give it a cool name and go from there. Call it The Selena.
