ForeShadow
ForeShadow
Joined: Jul 31, 2019
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August 25th, 2019 at 4:40:05 PM permalink
When should you checkout your profits from a Jacks or Better session (6/9)?
Assuming the cash session is 300$ (or set to what you think would be best).

Mathematically, at which point should a player either cash-out or set trailing stops?

From distribution charts of 10000 hands, it seems higher probability to end up in the ~-250 than anywhere else. Maybe ~33% of the area of the curve is in the profitable zone. Should the cash-out be at least 2x300$ to cover the next 2 play sessions?
DRich
DRich
Joined: Jul 6, 2012
  • Threads: 71
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August 25th, 2019 at 4:42:57 PM permalink
Quote: ForeShadow

When should you checkout your profits from a Jacks or Better session (6/9)?
Assuming the cash session is 300$ (or set to what you think would be best).

Mathematically, at which point should a player either cash-out or set trailing stops?

From distribution charts of 10000 hands, it seems higher probability to end up in the ~-250 than anywhere else. Maybe ~33% of the area of the curve is in the profitable zone. Should the cash-out be at least 2x300$ to cover the next 2 play sessions?



9/6 JOB is a negative expected value game. You should cash out before you ever even press the deal/draw button. Every hand you play you are expected to lose money.
Living longer does not always infer +EV
darkoz
darkoz
Joined: Dec 22, 2009
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August 25th, 2019 at 5:22:15 PM permalink
Quote: DRich

9/6 JOB is a negative expected value game. You should cash out before you ever even press the deal/draw button. Every hand you play you are expected to lose money.



But if you could reinvent the wheel how would you do it?
For Whom the bus tolls; The bus tolls for thee
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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Thanks for this post from:
bobbartop
August 25th, 2019 at 5:35:53 PM permalink
Quote: ForeShadow

When should you checkout your profits from a Jacks or Better session (6/9)?
Assuming the cash session is 300$ (or set to what you think would be best).

Mathematically, at which point should a player either cash-out or set trailing stops?

From distribution charts of 10000 hands, it seems higher probability to end up in the ~-250 than anywhere else. Maybe ~33% of the area of the curve is in the profitable zone. Should the cash-out be at least 2x300$ to cover the next 2 play sessions?



Welcome to the forum. It depends what your goals and expectations are. The short answer before mine basically sums it up, that with each spin you will on average lose a little bit. There is no spin with which you will have an advantage.
We here scoff at the idea of a 'play session', in that life is one long play session.
If you ask the question differently, like what are the chances I can turn my $300 into $900 so that I can fund two future $300 bankrolls, someone here can give you a an answer.
If I am hauling my ass to a casino, I more often have a time limit than a dollar limit. If I happen to win $300 after an hour, but I still have a few more hours before I want to go home, or to work, then it doesn't matter to me if I was up $100, $300, or down $200.
bobbartop
bobbartop
Joined: Mar 15, 2016
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Thanks for this post from:
beachbumbabs
August 25th, 2019 at 7:27:22 PM permalink
Quote: darkoz

But if you could reinvent the wheel how would you do it?




First I would think "round".
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
darkoz
darkoz
Joined: Dec 22, 2009
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August 25th, 2019 at 7:38:28 PM permalink
Quote: bobbartop

First I would think "round".



Tank treads probably classify as some form of wheel reinvention
For Whom the bus tolls; The bus tolls for thee
DRich
DRich
Joined: Jul 6, 2012
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August 25th, 2019 at 7:49:58 PM permalink
Quote: darkoz

But if you could reinvent the wheel how would you do it?



Wheel is blase. I would improve air travel or time travel.
Living longer does not always infer +EV
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 168
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August 26th, 2019 at 11:02:11 AM permalink
Quote: DRich

Wheel is blase. I would improve air travel or time travel.



Think big. Perfect LSD and you won't need anything else. Just think it. Don't dream it, Be it.

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