I like to spend ALL my money without batting an eyelid, and I ALWAYS find more money to spend.


Suits my lifestyle perfectly. 

Quote from: Xander on January 18, 2014, 01:39:56 AM
If people don't already know how to manage there money while gambling, then they shouldn't be playing.

Everything that gamblers need to know about money management can be written on just one page.  Too much time and money are wasted on the subject.
Gambler's should spend more time focusing on how to get the edge, and less time worrying and reading about money management and gambling discipline.  Money management and gambling discipline never has, and  never will affect the house edge.

Unfortunately It's all that some gambling authors have to sell because they suck at math.

I play with experienced, skilled players most every day and my take is that everyone could improve on money management.  You believe house edge has an impact on player performance?  What do you play?  Do you even play?

The fact of the matter is that in a game like baccarat house edge has near zero impact on play over any time frame. EVEN IN THE INFAMOUS WORLD FAMOUS NOTORIOUS LONG RUN WHERE THE DARK WIZARD AND HIS BLACK RIDERS HAVE FINALLY HAD ENOUGH OF YOU AND WEEEEEEEEELLLLLAAAAAAAAA THE GAME CHANGES!  Game math - lo FN l has zero to do with it.  Why on earth so many conflate the numbers that a casino deals with and manages with that of a player is beyond me.  Of course, most every game has bets that aren't worth it or incorrect play based on fees and expenses, but anyone serious about a game should pick up on that in short order.

Game theory, game math, game design, everything about what a casino and their industry colleagues innovate and put out there is incredible, but they have their domain of risk and reward that differs.  Individual players with skill can grip it and rip substantial win and still have periods during a session were they get rolled hard.  Bet selection is critically important, but even the best of the best can only be so good.  Money management is crucial for locking in win and winning back after rough streaks.

Quote from: 21 Aces on December 28, 2016, 07:42:11 PM

Bet selection is critically important, but even the best of the best can only be so good.

Money management is crucial for locking in win and winning back after rough streaks.

Bet selection  is the most important for getting somewhere in a live casino table game.

As far as money management, pretty much the overall truth.  Most casino players don't possess it or they do not employ it. 

No matter what you choose to use, use something.  Use something that will allow you to wager with your win money and walk with a certain amount of the won money if you did win. 

Quote from: alrelax on December 30, 2016, 12:19:57 PM
for getting somewhere in a live casino table game.

As opposed to where?

Ken

Quote from: Mr J on December 30, 2016, 07:01:44 PM
As opposed to where?

Ken

Positive on the win side.  So I can get to the point I can implement my 1/3rd, 1/3rd and 1/3rd agenda.

Posting a solid MM  method? No one will  pay any attention  either. Waste  of time.

Mine works real good for me if I win, when I start to lose for whatever reason(s), as long as I follow my plan, it works perfect, better than anything I every tried.  I gave myself a fair chance (with extra time) on the casino's win money and managed to save my buy-in and at least 1/3rd or 2/3rds of my win money, if not more. I don't have that feeling, 'what if I just played longer', etc.  If I don't win, I can't implement my M.M. agenda of course.  I refuse to get into the debate about progressions.  To each his own.