Gambling Every Day
Young or old, retired or employed: some of us scratch that old itch every day.
I don't, and I wouldn't want to, but that's just me.
I wonder if gambling every day is a good thing?
One would think it could help cement an addiction; also, might it not then lose its "specialness?"
Too much of a good thing?
Quote: MrVThere are posters who, it seems, gamble daily.
Young or old, retired or employed: some of us scratch that old itch every day.
I don't, and I wouldn't want to, but that's just me.
I wonder if gambling every day is a good thing?
One would think it could help cement an addiction; also, might it not then lose its "specialness?"
Too much of a good thing?
I'm at a casino just about every day. I go to collect on offers, and I have a little weekly route that I do. Since I started this last fall, it's made it so that I really don't want to actually gamble much at all. I guess that's a good thing. Also, it's amazing what people will give, even with no real play to support the offers.
Quote: Sabretom2Five or six times a year, Biloxi or Vegas, two to five nights each. Wish I lived in Vegas, glad I don't.
So true. There is no way I could live in Vegas, having a casino a half an hour away is tough enough. I've had to relegate my gambling to only destination trips, like Vegas or AC.
Quote: rdw4potusI'm at a casino just about every day. I go to collect on offers, and I have a little weekly route that I do. Since I started this last fall, it's made it so that I really don't want to actually gamble much at all. I guess that's a good thing. Also, it's amazing what people will give, even with no real play to support the offers.
smart man
Quote: MrVThere are posters who, it seems, gamble daily.
Young or old, retired or employed: some of us scratch that old itch every day.
I don't, and I wouldn't want to, but that's just me.
I wonder if gambling every day is a good thing?
One would think it could help cement an addiction; also, might it not then lose its "specialness?"
Too much of a good thing?
I live 11 minutes walking distance from the Casino and I don't gamble everyday. it would get boring. they are open 24hrs a day 365 days a year. if i have a few bucks and wanted to have some fun, then once a week is good. if gambling for a living, depends on goals. if i made a an extra 2-500.00 id take a day of two off to enjoy it outside the casino.
LOL!
Quote: Ahigh
Yet he has 2 bottles of wine at his feet. He looks
like a wine-o, not a beer drinker.
Quote: Beethoven9th^^^^^^^^^^^
LOL!
All of varmenti's posts from 21 Sep to 01 Oct (inclusive) referred to his baccarat results either for that day or the previous day. That's 11 straight days of playing baccarat. Now he claims that he doesn't go every day, only once or twice a week. I don't understand. Am I missing something here? Someone please explain to me so that I can understand.
EDITED: I think I found my error. He says he takes a day or two off. Still, 11 straight days of baccarat without time off is a lot.
Quote: PaboAll of varmenti's posts from 21 Sep to 01 Oct (inclusive) referred to his baccarat results either for that day or the previous day. That's 11 straight days of playing baccarat. Now he claims that he doesn't go every day, only once or twice a week. I don't understand. Am I missing something here? Someone please explain to me so that I can understand.
EDITED: I think I found my error. He says he takes a day or two off. Still, 11 straight days of baccarat without time off is a lot.
are you forgetting I bought a 2013 Honda Civic just a month ago, I had to go every day to make the cash to pay for it.
I don't recommend going every day. if you want to top off your bank account go for it, but if you have no need for the extra money why go? to me sleep and family times are more important.
I did good yesterday bring home $700 above my bank roll so todsy I just went for lunch buffet and back home.
Casino's are open 24hrs a day.
Quote: PaboI guess when you have a winning formula, stay with it and keep gambling. No time to waste. As long as the money keeps flowing in, keep at it.
If you have a winning system, Don't be greedy with it. make a few bucks and walk, because you know you can do it the next day.
if you want, save your bank roll and build it to 10k and then goto high roller room and go nuts to make the "Big Bucks" do that a couple times a year just for the fun of doing it.
if you plan on making a living in the Gaming world, I'd highly recommend building your method of play surrounding small wins and short term goals.
Bet more when you're going to win, less when you're going to lose. (LOL)
Sincerely,
gr8beethoven
Quote: PaboI think I discovered the secret to winning. According to varmenti, you will lose 75% of the hands in baccarat and win 25%. Sadly, my experience has been closer to 80% losers and 20% winners. Anyway, varmenti says you can come out ahead on the 25% wins. I guess that would work if you ignore the losses on the 75%.
75% losses = losing 20% of your bank roll per session. (average -100.00 per table)
25% wins = going home with 1000.00 per day ( hitting runs of 6 or greater per shoe resulting in $$$)
Quote: varmentiare you forgetting I bought a 2013 Honda Civic just a month ago, I had to go every day to make the cash to pay for it.
I don't recommend going every day. if you want to top off your bank account go for it, but if you have no need for the extra money why go? to me sleep and family times are more important.
I did good yesterday bring home $700 above my bank roll so todsy I just went for lunch buffet and back home.
Casino's are open 24hrs a day.
Congratulations! That's fantastic--winning money and a car. I hope your good luck continues. But I'm still having trouble with your strategy. I can't understand how you can win 25% of your hands, lose 75%, and still come out ahead. I play baccarat and want to win, and if you have the winning formula, I really would like to learn how you do it. You've attempted to explain it previously, but I'll admit that I haven't quite got a handle on it. I'm an old dog trying to learn a new trick, so I would be most grateful if you would try one more time to explain your strategy. Am I correct in that it's basically a betting progression, trying to bet into streaks and playing both Banker and Player until you identify a streak? Something like that?
In the 90's - 2004 I averaged about 14 hrs a day gambling and enjoyed every bit of it. I don't need to be in action I rarely get the itch.
I have known some APs that can't go more then a day without playing something, even if it's just to earn a comp on some breakeven play. I have offered a few side bets to guys like that, for decent amounts, where I tried to bet they could not go 4 days without playing anything, and would give them a pass if something with a substantial edge pooped up, They always passed on the bet.
Quote: PaboCongratulations! That's fantastic--winning money and a car. I hope your good luck continues. But I'm still having trouble with your strategy. I can't understand how you can win 25% of your hands, lose 75%, and still come out ahead. I play baccarat and want to win, and if you have the winning formula, I really would like to learn how you do it. You've attempted to explain it previously, but I'll admit that I haven't quite got a handle on it. I'm an old dog trying to learn a new trick, so I would be most grateful if you would try one more time to explain your strategy. Am I correct in that it's basically a betting progression, trying to bet into streaks and playing both Banker and Player until you identify a streak? Something like that?
I just came up with those figures pertaining to the game of Baccarat and the ways the shoes seam to result in.
75% bad and 25% good ones.
an average day at the local casino will deal approx 1 shoe per hour x amount of tables x amount of time you stay.
I start my day at 10am and stay till 6pm, go for buffet, play again 8-12. Total tables 12 tables.
in my stay I will see approx 96 shoes in that morning shift. approx 20 of them will be HUGE profit. and the rest will be Crap.
and same with night shift.
Quote: varmentiI just came up with those figures pertaining to the game of Baccarat and the ways the shoes seam to result in.
75% bad and 25% good ones.
an average day at the local casino will deal approx 1 shoe per hour x amount of tables x amount of time you stay.
I start my day at 10am and stay till 6pm, go for buffet, play again 8-12. Total tables 12 tables.
in my stay I will see approx 96 shoes in that morning shift. approx 20 of them will be HUGE profit. and the rest will be Crap.
and same with night shift.
Thanks, I appreciate your taking the time to respond. I'm more interested in the mechanics of your play. In other words, on your first bet of the new shoe, what bets do you make? If you win the first hand, then what do you do? If you lose the first hand, then what do you do? I'm trying to understand how you adjust your bets for streaks and chops.
I've had stretches here in Illinois where I was gambling everyday 2 or 3 days.
I no long play in Illinois unless I have to, to save my 284.00 in resort credit. (1 every 6 months)
And that's just a video poker machine for 20.
I did the math. Over 19 years, I average going to the casino once every 60 days.
I can extend this to say, gambling or no gambling, I average $2.27 per day with year 20 starting in January.
I'm allowing myself to collect $2.27 per day for the next 88 days. With 8 of these remaining days in a casino.
Quote: PaboThanks, I appreciate your taking the time to respond. I'm more interested in the mechanics of your play. In other words, on your first bet of the new shoe, what bets do you make? If you win the first hand, then what do you do? If you lose the first hand, then what do you do? I'm trying to understand how you adjust your bets for streaks and chops.
Don't Bet over your head.
Always stay focused on what you are doing.
Quote: EvenBobYet he has 2 bottles of wine at his feet. He looks
like a wine-o, not a beer drinker.
Maybe so, but it's still hilarious.
Quote: Beethoven9thBasically, gr8varmenti's advice is:
Bet more when you're going to win, less when you're going to lose. (LOL)
I knew I was doing it wrong! I'm usually doing the opposite. :(
How often does that occur and do the casinos give them any trouble for staying that long and not playing?
Quote: PerditionI've heard of regulars who will camp out during non-gaming drawings for the whole 10-12 hour period. They bring books to read or just sit somewhere.
How often does that occur and do the casinos give them any trouble for staying that long and not playing?
As long as youre not causing a problem, i don't think they usually care. If you tell a regular to piss off, then you lost a regular, which is stupid for the casino to do unless they are an AP. If the casino is really crowded though, they probably will ask you not to sit at an idle machine. The last time I went to Tunica and talked to a couple waiting for 7 hours. They dutifully gambled for the day until they lost their $200 or so stake.
Quote: tringlomaneAs long as youre not causing a problem, i don't think they usually care. If you tell a regular to piss off, then you lost a regular, which is stupid for the casino to do unless they are an AP. If the casino is really crowded though, they probably will ask you not to sit at an idle machine. The last time I went to Tunica and talked to a couple waiting for 7 hours. They dutifully gambled for the day until they lost their $200 or so stake.
I stayed at a table at the Silverton last night for about an hour waiting for the dice while everyone around the table got lucky. I told Andrew when he asked how the table was doing that I had to break out my iPad app so Daniel know how much a 50 dollar craps bet pays on a 12. When Daniel heard me say that he quipped back at me, "Are you going to play or are you just taking up space?!?!" But not in a joking way. I think he was pissed he didn't already know the pay was $337.
Before Daniel came to the table, I was telling a dealer how all the people at the Silverton were really nice (Marco is who I was telling) except one dealer who get the award for the grouchiest dealer, and that's Daniel. I don't blame the casino, it's just Daniel. He gets angry and he can be mean to people (not just me, everybody gets an earful anytime they do anything that he thinks is not right).
LOL. In general, you can stay and watch a game as long as you want without betting as long as it's reasonable to consider that you may bet at any moment. The moment they decide, "this guy is done betting" you might get some talk. But as long as you have (enough) money visible, they don't want you to leave.
I had a couple hundred bucks on the rail at the time, but they were all black chips, and I think Daniel figured I wasn't going to bet a black chip and was just wasting time before leaving.
Quote: PaboThanks, varmenti. That's helpful interms of your betting progression. I'm already familiar with most of it. I'm particularly interested in the mechanics of how you apply it when you play by yourself (i.e. no partner), depending on whether you lose or win the first hand. What bet(s) do you make on the first hand of a new shoe? Banker or Player or both? What do you do if you win the first hand? What do you do if you lose the first hand?
Start each session with 1 chip on Banker and Player, after every win, increase as shown in the betting progression complimenting the other side with a chip.
if you lose start over. this is not a hard game to play, its simply Banker and player. Don not bet on Tie Or Dragon bets.
if you have no partner, then simply bet both sides at one spot, but keep in mind you will be rated at a very minimum by the supervisor.
having 25 on Bank and 50 on player at one spot on the table, rating will be just 25.00 average bet multiplied by time played.
Pabo, hope this helps, because I have a hunch you will be requesting an uploaded video walk through soon.
Quote: varmentiStart each session with 1 chip on Banker and Player, after every win, increase as shown in the betting progression complimenting the other side with a chip.
if you lose start over. this is not a hard game to play, its simply Banker and player. Don not bet on Tie Or Dragon bets.
if you have no partner, then simply bet both sides at one spot, but keep in mind you will be rated at a very minimum by the supervisor.
having 25 on Bank and 50 on player at one spot on the table, rating will be just 25.00 average bet multiplied by time played.
Pabo, hope this helps, because I have a hunch you will be requesting an uploaded video walk through soon.
This is the first post you have made that has caught my attention. You should just bet them both for one million dollars each if you want more points. This is a genius idea, and I don't know why I never thought of it!!!
Quote: AhighThis is the first post you have made that has caught my attention. You should just bet them both for one million dollars each if you want more points. This is a genius idea, and I don't know why I never thought of it!!!
This is where I stop commenting because the post go off topic and become a joke to everyone.
Ahigh, stop busting my balls, I don't criticize your stupid posts.
Quote: varmentiThis is where I stop commenting because the post go off topic and become a joke to everyone.
So you're commenting to say that you won't be commenting?
Quote: Beethoven9thSo you're commenting to say that you won't be commenting?
Not about to happen . LOL
Quote: Beethoven9thSo you're commenting to say that you won't be commenting?
yes, because the Jokers have arrived to ruin the topic and blow it all to hell.
I'm beginning to think some members on here are Home makers sitting in their wheel chairs, or Lazy boy couches, eating potatoe chips and are probably 500 pounds, and have nothing better to do than criticize other members and bash each other for the sake of passing time.
I'm also betting that 90% of the members on this forum don't even gamble but instead sit at home on their computers trying to figure out the Math behind the Game of Chance.
Am I right or? maybe someone can correct me and tell me why I should not continue to waste my time here to educate and share my success?
Quote: AxelWolfI have known some APs that can't go more then a day without playing something, even if it's just to earn a comp on some breakeven play. I have offered a few side bets to guys like that, for decent amounts, where I tried to bet they could not go 4 days without playing anything, and would give them a pass if something with a substantial edge pooped up, They always passed on the bet.
Huck Seed once accepted a big prop bet than he couldn't spend a month in Des Moines, Iowa. He bought the bet off for a fraction after spending just one week in Des Moines.
YES Now go away !
Quote: varmentiyes, because the Jokers have arrived to ruin the topic and blow it all to hell.
I'm beginning to think some members on here are Home makers sitting in their wheel chairs, or Lazy boy couches, eating potatoe chips and are probably 500 pounds, and have nothing better to do than criticize other members and bash each other for the sake of passing time.
I'm also betting that 90% of the members on this forum don't even gamble but instead sit at home on their computers trying to figure out the Math behind the Game of Chance.
Am I right or? maybe someone can correct me and tell me why I should not continue to waste my time here to educate and share my success?
Geez!
Where it this sudden hostility coming from, did you wake up on the wrong side of the Player bet this morning?
The majority of the people who post here gamble, and others are professionals who choose to get compensated for doing the Math behind Table Games and Slot Machines rather than try to beat negative expectation games via use of a betting system. Some of the world's foremost game designers are Members of this website. For example, PacMan is Roger Snow, inventor of games such as Let it Ride, CEO of Shufflemaster. You have PaiGowDan who is the inventor of quite a few games, most notably EZ Pai Gow. Blackjack Switch and Free Bet Blackjack are both invented by Geoff Hall, who goes by the moniker Switch, here.
MrSuit31 invented Money$uit31, and there are other inventors here, as well.
You have Teliot, who is Eliot Jacobson, PH.D. and one of the foremost gambling mathematicians who focuses mainly on game protection for casinos. He makes more money from one of his Advanced Advantage Play Seminars than some people earn in a year. He also owns Certified Fair Gaming, which tests and audits on-line casinos for fairness in their games, Wizard himself used to own that company until he sold it to Teliot.
Binary128 is the owner of Galewind Software, a software provider to Internet casinos, including Pinnacle Sportsbook.
There are also professional Advantage Players here such as IBeatYourAces, AxelWolf, KewlJ, MickeyCrimm and others. They got that way by betting into positive expectation situations.
The Wizard is also here, of course.
Other than that, there are also any number of math geniuses and programmers who post here.
I would imagine that the other Members on here all gamble, to varying degrees, but that's immaterial to their membership here. I would say that I gamble less, and certainly for lower amounts, than most of the Members here. The main reason for that is that most of my gambling takes place on negative expectation games, so I don't really feel the need to bet high dollar amounts on those.
Mathematical fact is mathematical fact, though, it would be mathematical fact from someone who doesn't gamble at all, so what's the difference?
If you feel that participating here is wasting your time, don't let the Logout button hit you in the ass on your way out. I'd hate to lose a semi-professional Baccarat system player, because I only have one other one, but what can you do?
Quote: varmentiJokers have arrived to ruin the topic and blow it all to hell.
Hate to say it, but this board appears to me to have lost its what few philosophers, gamblers, and scientists.
No one is updating the venues anymore, since mid 2012. Now there's the standby chip/word of the day stuff. And a sh*t load of garbage threads. Vegas small talk. Like me, don't like me stuff. And three-minute goofy exposes and clips of so-called world renowned gambling experts whipped up into a frenzy by diehard strangers.
Where will it all end? Is this the beginning of the end?
Anybody left here who isn't "in the business" or now completely indebted to it?
http://www.deadwizard.org/
Quote: varmentiAhigh, stop busting my balls, I don't criticize your stupid posts.
My posts are awesome. Like I said, I read right past every post you ever made until you made that post about playing banker and player at the same time.
In craps, I can see that having a use if you later want to take and lay odds.
For Baccarat, I can't imagine anything but a head-shake. I would not even be surprised if some casinos don't rate you at all for that, and other casinos disallow it just from having you make a fool of yourself thinking that buying points is a good idea.
As a general rule, buying points with no chance at all to win is a bad idea in my opinion.
I apologize for being sarcastic in my post, but I just wanted to make the point that paying for points without a chance to win is not a good play in my opinion.
Quote: Mission146You have Teliot, who is Eliot Jacobson, PH.D. and one of the foremost gambling mathematicians who focuses mainly on game protection for casinos. He makes more money from one of his Advanced Advantage Play Seminars than some people earn in a year. He also owns Certified Fair Gaming, which tests and audits on-line casinos for fairness in their games, Wizard himself used to own that company until he sold it to Teliot.
He can't make anything from actually playing the games himself. Yet he continues to selflessly advocate for the player?
And his bank account is bigger than mine? Who cares. For what it's worth, I live on the interest. Happily mind you, without all the hyped aggravation.
Quote: DoubleOrNothingHate to say it, but this board appears to me to have lost its what few philosophers, gamblers, and scientists.
No one is updating the venues anymore, since mid 2012. Now there's the standby chip/word of the day stuff. And a sh*t load of garbage threads. Vegas small talk. Like me, don't like me stuff. And three-minute goofy exposes and clips of so-called world renowned gambling experts whipped up into a frenzy by diehard strangers.
Where will it all end? Is this the beginning of the end?
Anybody left here who isn't "in the business" or now completely indebted to it?
Just out of curiosity, how come you only made 1 post over the course of a year and a half, yet for the past week you've been posting almost every day? (Not trying to be a smarta**, just genuinely curious)
Quote: DoubleOrNothingFor what it's worth, I live on the interest.
Me too, but often, nobody is interested.
Quote: varmentiStart each session with 1 chip on Banker and Player, after every win, increase as shown in the betting progression complimenting the other side with a chip.
if you lose start over. this is not a hard game to play, its simply Banker and player. Don not bet on Tie Or Dragon bets.
if you have no partner, then simply bet both sides at one spot, but keep in mind you will be rated at a very minimum by the supervisor.
having 25 on Bank and 50 on player at one spot on the table, rating will be just 25.00 average bet multiplied by time played.
Pabo, hope this helps, because I have a hunch you will be requesting an uploaded video walk through soon.
Thank you for the explanation, varmenti. Nope, don't need a video, but thanks anyway. You confirmed what I suspected to be the case: You simply bet both sides and use a betting progression on the winning hand to try and bet into a streak, letting your winning chips ride at either 25%, 50% or 100% of your winnings. It's that simple.
I don't see where betting both Banker (B) and Player (P) at the same time gives you any advantage. If there are chops in the shoe, then your system is a guaranteed loser. You will be chasing your losses. Your system only works if you are lucky enough to bet into--and keep hitting--a streak. You can minimize your losses by setting a loss limit, but if you set it at $100 on a $500 buy in, then you're going to reach that limit in 2 or 3 bets if the shoe is choppy. If you do that in the early part of the shoe, then you're going to be sitting around for a long time until the next shoe. If you're lucky enough to hit a winning streak, then I could see how you might build up your winnings early and bail once you win your goal. That, too, would happen relatively early in the shoe. I guess you sit around a lot waiting for new shoes. Either that, or you hit your win goal and go home early. Or take a break until the next shoe.
Bottom line: Yes, your system will work great if you are lucky enough to hit a hot streak. It seems to me, though, that you give up a lot needlessly by betting both B and P at the same time. Works for you, I guess, but I have never done it. I am not convinced it's a winner, so I'll stick to my own style. You know as well as I that no money management system will be able to help you overcome the house edge.
Anyway, thanks again for explaining it to me. I have a much clearer picture of your betting and playing style. Best of luck to you. Hope your good fortune continues.
ADDENDUM: Any system will work, actually, if you are lucky. it seems to me that you have to rely on luck/variance to win using your system. Too much good luck is a bad thing. No skill involved. I don't see where the skill is in your system. Nevertheless, good luck to you.
Quote: PaboADDENDUM: Any system will work, actually, if you are lucky. it seems to me that you have to rely on luck/variance to win using your system. Too much good luck is a bad thing. No skill involved. I don't see where the skill is in your system. Nevertheless, good luck to you.
I wanted to correct you. There are systems that do not work. For example, if your system is to bet $18 on black and $18 on red and $1 on 0 and $1 on 00 on roulette, you will lose $2 each and every time.
That is unless you are talking about working for the casino.
There are systems that simply do not work! The only way you could suggest otherwise is to refine a gambling system to exclude the ones that have a 0% chance of working by demonstrating that they are not considered systems since they can be proven to never be able to work.
I actually came up with a way to rate systems based on how "difficult" they are to create a profit with a theoretical edge (in craps). Essentially I tried to place them on a linear scale as they approach the class of systems that have zero chance of working.
This is something I haven't seen a lot of work on, but interests me a great deal.
A very difficult system that can work, for example, is to hop all the easy ways in craps and get paid 16 for 15 each time you don't roll a pair.
That's about the hardest system for a player to use to make a profit that I can conceive of that still has some chance to "work" as you say (without including dealer tips in your system anyway).
Cheers.
Quote: DoubleOrNothingHe can't make anything from actually playing the games himself. Yet he continues to selflessly advocate for the player?
And his bank account is bigger than mine? Who cares. For what it's worth, I live on the interest. Happily mind you, without all the hyped aggravation.
DoubleorNothing: What is the purpose of life? Why are we here?
Quote: Beethoven9thJust out of curiosity, how come you only made 1 post over the course of a year and a half, yet for the past week you've been posting almost every day? (Not trying to be a smarta**, just genuinely curious)
Fell off the wagon a bit back. Unable to sleep while fighting 'em off in the real world. That I did. Back to normal now, and in a working frame of mind and body again.
Believe it, or not, the above post was to be my, I guess second, last in these parts.
Good feel, sir. See you in maybe another year and a half!
Quote: DoubleOrNothingSee you in maybe another year and a half!
Take care, bro.
Quote: PaboDoubleorNothing: What is the purpose of life? Why are we here?
To truly find yourself in its equations, however you perceive those... that teasingly "immutable" station in life/death by which the universe is unable to mold you into your own worst enemy throughout its infinite dimensions of space-time. (It's a fair universe by which every one of us deserves such an answer in terms of his/her own comprehension.)
