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[Sputnik]

  Hello Alrelax, what is your loss limit and how do you handle your money playing with positive progression.
How and when do you stop playing?

For example, sometimes you make a few units as the strike comes later during the game and sometimes you strike in beginning and win serious money. Do you stop playing in both situations?

Cheers
     

[alrelax]

  Hello Alrelax, what is your loss limit and how do you handle your money playing with positive progression.
How and when do you stop playing?

(As a general rule of my own--my loss limit is my initial and dedicated buy-in.  I have written about this numerous times in different perspectives.  But on a local level, (versus going every so often to Vegas or Atlantic City)  I bring and buy-in with what I am willing to risk and lose for the session.  The highest majority of the time, that is what I subscribe to.  After years of playing, I found that when I win--I win.  When I lose on a consistent basis for the immediate session, I keep losing.  When I push money back and forth, meaning--win 3, lose 4, win 5, lose 6, win 4, lose the next 3, etc., I will generally either take off on a great win or go straight down hill.  Since I do win larger with numerous side wagers up to 200 to 1 or the 40 to 1's, etc., I take all that into consideration about continuing or stopping).

For example, sometimes you make a few units as the strike comes later during the game and sometimes you strike in beginning and win serious money. Do you stop playing in both situations?

(At times I will hit it very nicely/large in the beginning of the session.  I then convert to my 1/3rd money management system I adopted that suits me extremely well and has made me a lot of larger wins over time and i do believe allowed me to keep 2/3rds of what I have won, when I most certainly would have given it back.  So, the majority of times, if I won--I would have re-pocketed my buy-in and hopefully 2/3rds of the initial win money and possibly further win money, depending on what the outcome of the continued play was with the initial 1/3rd or so of the win money.  But I keep breaking it down and not stacking it up, in front of me like almost everyone does.  I play better with a clearer mind when the win is off the table and put away. 

When I do win the 'serious money', I usually continue the play, but 99% of the time with the 1/3rd MM System to govern myself.  Because I learned the hard way, stack it all up in front of yourself and then when you lose, you persist to, 'get it back' and lose consciousness of the situation, at least I do.  My proof to myself of what I just said was, I know all my repeated buy-ins when I have a losing session, will far outweigh my winning ones, if (IF) I continued to repeatedly buy-in with the pursuit of winning or getting even.  Does not matter if I have a $5,000 or $10,000 or $100,000 bank roll with say 10% buy-in amounts for each session.  Example, $500 buy-in with a $5,000 bank roll.  That would give me 10 solid chances to win something 'good/nice/sizable'.  When a repeated buy-in type of playing, puts it all at risk where I might not recover it, that same session.  One session I can and do lose.  Same with 2 and 3 and 4 sessions.  It is not rare, but infrequently I seldom lose more than 4 or 5 sessions consecutively.  I will and have always made my, 'local bank roll amount' back before it becomes completely depleted with all losing buy-ins straight, without replenishing it.  The key to my system of MM is also, say I lost 4 sessions over a few weeks.  Then on the 5th or even 6th sessions I started to win.  The first amount of the win money has to go back to my bank roll to make it whole.  Then my buy-in comes off the tale and added back to make my bankroll whole or in as profit/win amount.  Then, play of the win with 1/3rd, etc. 

Prior to playing this way I mentioned above, I would easily lose an entire bank roll or lose all continued repeated buy-in's versus winning and getting even.  And the few times I did win, with a repeated buy-in attempt to continue a session, would far outweigh the times  was able to make a come back.  IMO, that has to do with becoming frustrated, aggravated and just plain pissed-off.  Clouded judgement and the inability to play correctly.

As far as the progressions, once I start to win, I will start with 1-3-2-6's or just my side parlay besides my regular flat betting wager amount.  I try to take one win or a win and split it up into 4 or 5 attempts, called my 'side parlay wager'.  Say I won $500.00.  I take that $500 and try 5 times with $100 each bet.  I try to parlay it '1 + 4' times.  $100, then $200--$400--$800--$1,600.  Those are my 2 different types of progressions, but my positive progressions are 90% of the time out of my win money, not trying to catch up or recoup losses.)

Cheers
   

[alrelax]

I tried to answer as short as I could, but I have numerous variables I use to, 'milk a winning session' and how I can safely do it without ever giving back all my win money.  Any questions, ask, thanks.

[Sputnik]

Alrelax thanks for taking time and effort to explain.

I like the method of taking 1/3 out of the winning pot and continue with what remains.
Will try this my self.

I don't fully understand you staking strategy, but i assume you play 1326 at Banker or Player side and on the other side you play up as you go, for example, 12345 on a winning, if not you flat betting 1111  and 1326 kick in - everything between loses or break even.
Is this correct or am I missing something or did I misunderstand your staking strategy?

Cheers 

[alrelax]

Alrelax thanks for taking time and effort to explain.

(Your welcome, no problem)

I like the method of taking 1/3 out of the winning pot and continue with what remains.
Will try this my self.

(I verify, but my own benchmark to start this, is if I triple my buy-in or more, but depends on how long or how bad the struggle was to get there, etc.)

I don't fully understand you staking strategy, but i assume you play 1326 at Banker or Player side and on the other side you play up as you go, for example, 12345 on a winning, if not you flat betting 1111  and 1326 kick in - everything between loses or break even.
Is this correct or am I missing something or did I misunderstand your staking strategy?

(Yes, the 1-3-2-6 or 1-3-2-4 with the win, after some wins off the flat betting paid off, etc.  I cannot say how many times I would flat bet?  But generally the easier the wins come, if they do, I would be more aggressive moving towards the positive progressions to continue, rather than sticking to a flat betting stake.  I view everything in sections, most of the time.  Losing, winning, pushing back and forth, hitting side wagers, losing side wagers, etc.  I found out after the first 20 years of playing, that the wins are the shortest sections and when they come, you have to be aggressive.  If you flat bet or wager scared or sit out and wait, you will ever do well at baccarat.  But, IMO, the whole key that helps turn the lock to open the door, is hitting the winning section real hard and aggressive and then backing down.)

(The sections, help me control my emotions and desires I guess.  Sections, the same as I wrote about with turning points, regarding chop-chop, steaks, doubles, 1's and 3's, etc., etc.  Everything I try to view as sections, that way I am not looking 50 hands later for the same thing, which the majority of times will not happen anyways.)

Cheers

[Sputnik]

Alrelax have you test other positive progressions and what is your verdict.

Many Thanks 

[alrelax]

I really have moved away many years ago from the steady and repetitious 'anything' in baccarat.  Being repetitious in baccarat is almost a guaranteed loss, unless you are playing an extremely short amount of time.  And, in which case, if you lost right away which will happen more so than wins, your wins will have an extremely hard time to catch up, replace the previously lost money and third, give yourself a nice profit. 

I really only do the parlay wagering once or twice out of win money, or set aside a certain amount of win money to split up and attempt my '1 + 4' parlays, or start the 1-3-2-6/1-3-2-4 parlay.  But, I do not do them on an on-going wagering thing, hand after hand.  Or, the other one I do, is win and parlay 1/2 or 3/4 of the win and then pull down the win amount in full if I win and leave the original bet or pull the bet down and save it for another hand, etc.