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egalite
egalite
Joined: Dec 30, 2011
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January 6th, 2014 at 5:53:01 PM permalink
Quote: EvenBob

What happened? Do you lose a great deal of money?
What you wrote is very vague.

LOL, when you become my accountant, I will provide you with the details. Yes by your standards I lost an incredible deal of money, from a situation that began by betting the wrong side on a frustrating table, with a frustratingly slow dealer. I have played since and won.

Surely there are some good gambling physiological / motivational reads on the internet.
AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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January 6th, 2014 at 5:53:28 PM permalink
Quote: AxelWolf

Zen and the Art of Poker ?



Ha, I had just copied the link from amazon and I was going to post the same reply :)

Bottom line: If you have the edge, don't worry about the money; just trust the math. If you don't have the edge, get used to losing.
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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January 6th, 2014 at 5:57:29 PM permalink
You seem to feel you are an AP at Baccarat; frankly, zipping over to the high limit section would seem to rule out card-sorting or some such method.

What do you say to the frequently heard opinion that to be an advantage player at baccarat is not possible [assuming all is on the up and up]?
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
egalite
egalite
Joined: Dec 30, 2011
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January 6th, 2014 at 6:08:17 PM permalink
Quote: AxiomOfChoice

Ha, I had just copied the link from amazon and I was going to post the same reply :)

Bottom line: If you have the edge, don't worry about the money; just trust the math. If you don't have the edge, get used to losing.

Grinding out over 50k inside two months from one casino, $20k from another inside a month, betting a variation of levels $10, $25, $100 & $500, while frequently enjoying, consecutive successful sessions of 10, 15 even 27. I reverse the maths on to the house (without wishing to go further into detail), I don't rely or need to predict "edge" anything. Sure scoff it you like, my unparallelled win rate speaks for it self. It is very rare for me to lose my cool, yet that happened two days ago and yes it cost me.

Now I want to find a good read, not only to help me lick my wounds, already have got back in the saddle, but I'm limping, however more importantly I want to better arm/educate/awareness/ myself to prevent it happening again. I will check out the book mentioned.
sodawater
sodawater
Joined: May 14, 2012
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January 6th, 2014 at 6:11:23 PM permalink
egalite,

everything you are saying is nonsense and you would be well advised to stop deluding yourself that you have some sort of mystical advantage in baccarat.
EvenBob
EvenBob
Joined: Jul 18, 2010
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January 6th, 2014 at 6:12:52 PM permalink
Quote: egalite

Yes by your standards I lost an incredible deal of money, .



You have no idea what my standards are because
I have never talked about them, and you know it.

You're the guy that laughs every time goals are
mentioned, yet if you had loss limits you wouldn't
be where you are now. I've known you for a long
time, you know better than to sit there like a
ploppie in a bad mood, and just lose and lose.

On a side note, don't you just hate it when you bet
one side and you meant to bet the other? There's
actual research on this, it's a trick the brain does.
We really have to double check our bets more often.
"It's not enough to succeed, your friends must fail." Gore Vidal
AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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January 6th, 2014 at 6:15:21 PM permalink
Quote: egalite

Grinding out over 50k inside two months from one casino, $20k from another inside a month, betting a variation of levels $10, $25, $100 & $500, while frequently enjoying, consecutive successful sessions of 10, 15 even 27. I reverse the maths on to the house (without wishing to go further into detail), I don't rely or need to predict "edge" anything. Sure scoff it you like, my unparallelled win rate speaks for it self. It is very rare for me to lose my cool, yet that happened two days ago and yes it cost me.

Now I want to find a good read, not only to help me lick my wounds, already have got back in the saddle, but I'm limping, however more importantly I want to better arm/educate/awareness/ myself to prevent it happening again. I will check out the book mentioned.



I'm not scoffing at anything. What I'm saying is this:

If you have a mathematical edge, don't worry about the money. Swings happen. Understanding this, and really coming to terms with it, can prevent you from going on tilt. You should EXPECT to lose a bunch of money sometimes, if you play for long enough. It's not about preventing it from happening again -- it's about not losing your cool when it does happen.

If you don't have an edge and are just playing some betting progression or looking for patterns (say it ain't so) then get used to losing, because you haven't reversed anything.

I honestly don't know what you are doing, so I'm not scoffing or judging or anything. I am well aware that many games can be beaten, if you have the right information.
rainy
rainy
Joined: Dec 19, 2013
  • Threads: 2
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January 6th, 2014 at 6:18:51 PM permalink
Quote: egalite

Grinding out over 50k inside two months from one casino, $20k from another inside a month, betting a variation of levels $10, $25, $100 & $500, while frequently enjoying, consecutive successful sessions of 10, 15 even 27. I reverse the maths on to the house (without wishing to go further into detail), I don't rely or need to predict "edge" anything. Sure scoff it you like, my unparallelled win rate speaks for it self. It is very rare for me to lose my cool, yet that happened two days ago and yes it cost me.

Now I want to find a good read, not only to help me lick my wounds, already have got back in the saddle, but I'm limping, however more importantly I want to better arm/educate/awareness/ myself to prevent it happening again. I will check out the book mentioned.


I think people here don't care for people who say they have the edge, unless they explain the strategy behind it.

I'm sure if you have a consistent winning strategy at a game you play, you would not want to share it, but you can't really say anything about people "scoffing" at you when the only explanation you give them is "I am successful and my winrate speaks for itself" because in reality, it doesn't speak for itself. Since we don't know what you do.
dwheatley
dwheatley
Joined: Nov 16, 2009
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January 6th, 2014 at 6:21:27 PM permalink
Quote: egalite

My question to veteran board members, it there any decent literature on the web, book recommendations that deal with these rare and unfortunate aspects of gambling.



http://en.wikipedia.org/wiki/The_Black_Swan_%282007_book%29
Wisdom is the quality that keeps you out of situations where you would otherwise need it
egalite
egalite
Joined: Dec 30, 2011
  • Threads: 9
  • Posts: 164
January 6th, 2014 at 6:23:00 PM permalink
Quote: odiousgambit

You seem to feel you are an AP at Baccarat; frankly, zipping over to the high limit section would seem to rule out card-sorting or some such method.

What do you say to the frequently heard opinion that to be an advantage player at baccarat is not possible [assuming all is on the up and up]?

I don't and have never claimed to be an AP playing Baccarat, I'm just a very savvy player.

As with all casino games (without exception) everything comes down to money management. Even BJ players when the shoe count is favorable rely on money management, i.e they increase their bets even though the dealer is just as likely to snare a BJ as the player. I simply play a game whereas the house has to buck xx odds for me to lose x number of bets in a row, even when they manage that, it's not the end of the world, unless they can do so on a consistent basis. Yesterday as an example they managed it approx 5 times in 6 shoes, twice in one shoe and no times in a few others, yet I waked away with a 150% profit of my buyin. Meanwhile I simple focus on solid MM which is what gambling hinges on, whether you perceive you have an advantage or not. Unfortunately I am not a robot and there was a rare melt down.

This thread was not started to discuss the merit of playing Baccarat, or for me to divulge my personal details for Spike, rather a little "here is a brief of what happened", surely the board members at WoV must have come across some good reads regarding recouping after a tilt.

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