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Topic: Cure-Alls and Fix-Alls  (Read 1055 times)

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Offline alrelax

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Cure-Alls and Fix-Alls
« on: May 31, 2016, 12:36:45 PM »
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  • I just posted something to another thread on here, and came across the subject of 'Cure-Alls' and 'Fix-Alls'.

    I seriously believe that too many players are constantly having their previous/ past and historical sessions of loss come into their fore-thought as they are winning.  (Personally I find it totally hysterical that most players will have that at their fore-thought but if they are losing, most don't elaborate on it and compound it to slow them down---use this for food for thought, cause it sure now motivates me)!

    This causes them to have a false expectation of their winning money (less value-less realization) that they are currently experiencing.

    I will bring to light my last casino outing last Friday night.  Table was full, mostly regulars.  2 of them were winning several thousand's of dollars when I arrived.  Happy faces, talk amongst us, talk from other players, 100% accurate.  Okay, about 20 hands into it, they are losing all their winnings, both of them.  I don't want to get into the reasons why they lost, doesn't matter for the sake of this point. 

    They both continue to play and lose more than they were winning, a complete and noticeable change from the first 1/4 of the shoe I joined in.  Very clear.  I started winning, but for some strange reason, more so than other times, I really paid attention to the other players as well.  Not to wager against them or with them, just to factor in the total picture of what was happening and if I liked what they were wagering on, I either pulled it off or slowed way down.  I am lucky I did as well.  Of course that was not 100%, but they saw many of them same things in the board as I did and they wagered on them, I just said no and I will watch their wagers as though they were mine.  It helped, cause I would have got creamed big time and quick with only a $700 buy-in. 

    But then they got wiped and went to the ATM, both retuned and both got wiped again after getting up a bit.  They did it again before I cashed out.  The each lost $4,000 to $5,000 when they could have walked away with winnings.  Winnings mean very little if you are going to compare say $2,500 to $30,000 or $75,000, etc.  They were there playing for one purpose and one purpose only, to get even on all their past monies spent. 

    I made an acquaintance at another casino a couple of months ago.  I also mentioned this but it fits so well here.  The guy is a relative new player to baccarat, possibly a few months now, maybe since Christmas or possibly even January.  The guy wins over $10,000.00 (not going to use the exact number) a sum in one month over several visits, say 4 or 5 sessions.  He is like on top of the world.  He keeps playing and loses all the winnings and a sum of his own money which was greater than the winning, say about $15,000 to $20,000.  He told me point blank, all he wants to do is get his money back.  Sad but true, 100%!  He continues to play with small buy-ins and scared money and wins often, cannot hold it and will not and gives it all back each and every time until he is wiped.  Sits down with $500 to $1,500 buy-ins.  Gets up frequently, plays all night and the rest is damage to the total picture.  Instead of thinking 20 trips over time at $1,000 each is $20k, it does not register.  The only thing that registers is the $1,000 win at the moment means squat to the $20k he lost.  I can only assume his thought process is, "hell, if I just won that $1,000 I can win $5k or $10k as easily".

    I think the underlying problem for most of us, is that we are conditioned to perform and always do everything 'bigger', 'better', 'faster',  'more competitive', each and every time. In lots of life's pursuits that might be the winning spirit and the way, but in gambling it is not. 

    Here is an analogy.  Trying to replace 4 worn out tires on your auto with 2 used tires and calling it fixed. 

    Watch yourself and be realistic.  Wins are generally in small windows of opportunity. 

     


    Offline Garfield

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    Re: Cure-Alls and Fix-Alls
    « Reply #1 on: May 31, 2016, 08:59:15 PM »
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  • I could only share my experience when I "was" like that. Still happens now, but the freq is lower. LoL

    Back then, this was my thought :

    "Hey, if I could lose that much in the given time, I ALSO could win that much"
    "I will play better this time, not repeating my mistakes"
    "I hope the next shoe is easier"
     and so on and so on.

    I've mentioned that sometime it isn't about the BS or MM at all, but the "state of mind".

    Too bad many players only look to refine their "technical" aspects, and forget about the "psychological" aspect.

    It's ironic sometimes, the repeats / chops that give you a winning session could be the cause of your losing session the other time.

    It's still the same, P/B, repeat / opposite, but how you look,think, and review it could be different each and every time.
    You will never know. Not now, not in this life. You aren't that lucky.

    Offline alrelax

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    Re: Cure-Alls and Fix-Alls
    « Reply #2 on: September 28, 2016, 02:56:09 PM »
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  • Well, once again my friends---disaster strikes a player in the bankroll department!

    I hate even thinking about theses, talking about these or spreading them, but---if one of you can learn and take it to heart---mission accomplished!

    Here it is.

    I will just call the player "Dong Chow".

    One of my local casinos has a $2k max limit per player, per spot.  You can wager on another player's spot--as long as they have no more than $2k also, of course.  You cannot wager on an empty seat's spot.  Very common.

    Don Chow has been around all summer.  Been playing for a couple of years here and there, all over.  Mostly west coast and now resides in the Midwest.  Dong Chow got serious after just a couple years of occasional play, figured he could make a great living gambling a few times a week.  This is his own admission to me, before what ultimately happened here the past couple of weeks. 

    Dong Chow would buy in with $1k, if lost then $2k, if lost then $5k, and if lost then $10k.  He would always have $20k bankroll, kept it right their in his fanny pack turned around to the front, always, never changing.  I have never witnessed him loss the $10k if he got to that and I would say about 20% of the times, maybe a tad bit less--he would have to buy in for the $10k. 

    Months and months of gambling at the local place.  I go there maybe once or twice a week at most when I am in town.  I see a dealer or two at another casino around from this place and Dong Chow is often the subject of discussion for one reason or another. 

    Never has he taken the casino for a large win--meaning $50k or $100k or $200k, etc.  He makes $1k or $2k he is cashing out and leaving.  He played about 2 or 3 times every week, religiously. We have another 2 properties an hour each way that has baccarat available and with a few hours drive we have numerous places as well.  Dong Chow would never ever go tot he other places. 

    He was fairly reserved, patient, intelligent with his following the trend or playing against it, etc., etc. and so on.  Like I said, he was there several times a week and always prevailed, I personally know he never went bust all summer since he started playing there.  I have ate at the food court with him several times, at least 5 or 6 occasions.  We talked mostly about Asian cultures, Asia, west coast USA  (LA area) and our kids, etc.  The few times we talked about gaming, we talked about the typical bull-butt, trends and streaks and chop-chop, etc.  No big deal.  What did impress me about him, he was extremely patient and really never showed emotion, win or lose--except for maybe a smile or two on the larger wagers.  He always did well with recouping any loss with positive progressions/parlays of his previous wager lost.  Wager $200 and lose, next wager $400.  Lose that and the next wager of his would be $800, etc. etc., and so on.  Every time he would prevail, never failed him all summer.

    When I was at the casino several weeks ago, I asked one of the dealers where Dong Chow was as I have not seen him this week or last week, when no one was at the table and we were waiting for a few other players to come and start the game.  The dealer told me that, a couple of weeks prior Dong Chow did lose his $20k buy in and then went and got another $5k and proceeded to lose that also.  The last week, I asked another dealer and told that Dong Chow lost another round of $20k once again.  He told that dealer that pretty much wiped him out, when he was down to his last several hundred in chips from his $20k buy in that night.   

    This is a really dangerous game with the more you win the more your mind gets messed with, no matter who you are or what you know about gaming and casinos.  Easy to say it can't happen to you, especially sitting behind your keyboard, but it does to many many people all the time.  Some just don't understand that losing time is losing time, no matter what. 


     

    Offline alrelax

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    Re: Cure-Alls and Fix-Alls
    « Reply #3 on: December 15, 2016, 06:33:37 PM »
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  • Too bad many players only look to refine their "technical" aspects, and forget about the "psychological" aspect.


    So true!  Very much so!