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Loss, Emotions, MMM & Presentments

Started by alrelax, August 26, 2020, 05:28:12 AM

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alrelax

"Win", is a given not a fuel or an indicator. It has to be allocated to your Money Management Method and excluded from your decisions. It has to be, otherwise it will only be a fuel for your loss forthcoming.

"To Accept the Loss". Said without much thought really. In business, in investing, gambling, and personal life, everywhere. "To Accept the Loss" is a universal catch-all for many reasons covering many areas.

You cannot always 'control' or 'regulate' things so much really. Then when you seemingly can 'control' or 'regulate' whatever it is causing you to wager on one side or the other and are constantly winning, the number of hands will be only a few. 

Do not think your Money Management Method can overcome losses, bad decisions and your mistakes. It cannot and never will. Money Management Methods are best used effectively to allow win money to be divided up into two areas. Number 1) To go into your active play money, and/ or Number 2) To go into you're locked up money.  A proper Money Management Method will allow you to continue winning if you are and hold a certain amount of the win money and all of your buy-in, if you start to lose and have the willpower to walk away.

In essence so many baccarat players believe that their Money Management Methods, unlike what I described in the  above paragraph; will control, recoup losses and regulate themselves while playing. And that is extremely dangerous. You are hurting yourself with your own unrealistic expectations.

Because most all baccarat players believe that they have to make up for losses or enter into other forms of wagering to recoup losses to get even, they lose sight of the shoe presentments as they are happening and move into the frame of mind that 'XYZ' will be coming out for whatever justification they feel good believing. This is where whatever you win on one or a few hands, will be lost on subsequent wagers with your attempt to repeat wins.

And at this point almost all of us will be affected by our emotions, with or without our knowledge that they have.

When loss does not happen we usually excel and excel with pride, happiness, purpose and huge drive no matter if it's small, medium or large wins involved. Of course, larger is going to produce greater responses from us but even the small ones ignite our energy and hopes to get to the larger ones. But the downside is knowing when to leave the casino and these days I see less and less of people leaving with sizable win money. Like I said, winning money becomes extremely dangerous because it changes a clear way of thinking. It also influences 'Unreal Expectations', which I'll write about next.

And that is exactly why most all the internet forum people will claim they are wagering without emotions, claiming they checked their emotions at the door along with all other false hopes.  Much easier said and planned outside the casino than what is actually consistently able to be done at a live baccarat table.
My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 35,957 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com

alrelax

Unrealistic Expectations. Examples

Because you have not seen it, or whatever is happening has not happened in your recent memory, or what is happening totally out of the realm because of your understanding of Randomness, Trends, Patterns, and Presentments in general, etc.. does not mean anything will appear or will not appear while you are sitting at the table.

Shoe after a small section of normal chop-chop and 3s and 4s, etc.   Starts the wins of player after player appearing. In fact 9 players appear with either a natural or a hand with the first two players cards versus the first two Bankers cards, the bankers would have won the highest majority of all times.  But the players third card brings the players up to 7, 8 or 9 every single time when the bankers were already sitting at 6 or 7. Then one banker and a natural tie. And almost everybody's money once again is huge on  the bankers side for the bankers to start 'equaling out'. Once again 8 additional players in a row. Making it 17 players to 1 banker and one tie in that section.

You cannot help but to watch those wagering consistent sums of $3,000 to $5,000 and up to $10,000 a hand on these types of Wagers. And I'm talking about on the opposite side cut. The desperation in their faces is blatant.  Even if you want to wager on the opposite side say $500 or $750, seeing the action and the hopes on the opposite side is emotional. It is influential for many purposes to many at the table. Like I said with other things coming into the casino or at your house, you may say that you're going to play your own game and you won't pay attention to anybody, but it doesn't always happen that way.

Watching players lose $10,000 $20,000 $30,000 in a short section of a shoe is powerful, believe me I see it all the time. I know a lot of these people and they are not multi-millionaires with whatever cash they bring to the casino is extra play money and a hobby to them. It is from their households and their businesses. They get hurt and they get hurt real bad. Again it is influential at the table no matter if you're wagering with them and supporting their decisions or you're playing the opposite side.

So to continue, the expectation was totally on the bankers to 'come back', 'match up' or 'get ahead'. In other words, what is being presented and how it is being presented, most baccarat players really believe it's not supposed to be happening  and will immediately allow such to govern their expectations, plain and simple. 

The other huge factor is the following. We are influenced at the table so many times and in so many ways, at least the highest majority of baccarat players are. Emotions come into play as well, both the positive as well as the negative ones. No matter what you say or plan beforehand, at the table things can change. Especially with people winning big on anyting you are not wagering on, or you are just wagering extra small on it. When you see someone repetitively win you join them and then they start losing, or you wager against them and they continue to win.  It becomes extremely emotional and influential and almost all baccarat players will not admit that very thing.

You start the rationalization of how to beat the house with everything from less wagering, to watching & waiting, to wagering large for only a few times, to wagering small and flat betting, as well as with up and pulls, etc. Making up all kinds of win stops and loss stops. The list is very long but the bottom line is, you convince yourself of your knowledge, what has to happen, etc., and that is exactly where most people's downfalls truly begin.

My Blog within BetSelection Board: https://betselection.cc/index.php?board=250.0

Played well over 35,957 shoes of baccarat since I started playing at B&M USA casinos.

THE PURPOSE OF GAMING IS TO WIN!

"Don't say it's a winning hand until you are getting paid for it".

Played numerous properties in Las Vegas, Reno, Southern California, Atlantic City, Connecticut, South Florida, The South/Southeast as well as most areas of The Midwest.

Baccarat, actually a mixture of Watergate, attacking the Gotti Family and the famous ear biting Tyson fight leading to disqualification and a near riot.  Bac has all that & more.
 
Administrator & Forum Board Owner  of  BetSelection.cc
EMAIL: Betselectionboard@Gmail.Com