This is a most-interesting topic to elaborate on.
There are plenty of mixed inter-session MM rules; yet one set I particularly like being:
Winning session procedure:
33% - Added to attack session's bank (increase base unit for next session)
33% - Add units to the last session bankroll of the lifetime reserve.
34% - Player profit.
Losing session procedure:
Attack bankroll returns to base unit.
Money management goal:
Compounding profits on concatenated winning sessions.
Safeguarding the lifetime bankroll on concatenated losing sessions.
Quote from: VLS on November 08, 2012, 02:26:47 PM
This is a most-interesting topic to elaborate on.
There are plenty of mixed inter-session MM rules; yet one set I particularly like being:
Winning session procedure:
33% - Added to attack session's bank (increase base unit for next session)
33% - Add units to the last session bankroll of the lifetime reserve.
34% - Player profit.
Losing session procedure:
Attack bankroll returns to base unit.
Money management goal:
Compounding profits on concatenated winning sessions.
Safeguarding the lifetime bankroll on concatenated losing sessions.
Interesting
can you elaborate more on the bit underlined?
Quote from: subby on November 22, 2012, 11:09:34 AM
Interesting
can you elaborate more on the bit underlined?
Sure.
Remember in this inter-session money management there are two types of bankrolls:
1) Attack
2) Reserve
The purpose of the attack bankroll is to grow up to the highest unit value possible, so concatenated winning sessions make the largest dent feasible on casino's bank.
Reserve bankrolls on the other hand are your oxigen.
Units are what allow you to "breathe" in gambling; while you have units to play, you have a chance to continue. The more of these base unit (low value) bankrolls you have in reserve the better. This will enable you to lose the least in bad trams of concatenated sessions and to have enough "hold" to continue in game.
There is a theoretical point in which you have so many of these base units saved in these reserve banks that it realistically gets to take longer than what you can ever play in your entire lifetime to lose them. At this point you are certain to end up a winner.
(It doesn't really matter where such units are: in a bank account netting interests, in gold or under the matress... what's important is that you own them).
Illustrations to follow for better comprehension.
"Over" but not out,
Vic