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#256
Vegas and Atlantic City / Caesars Guest Wins 3 Jackpots Worth >$1,000,000 In 48 Hours
June 21, 2023, 04:23:08 AM #257
Wagering & Intricacies / Re: The Importance of Neutralism
June 20, 2023, 02:57:18 AM
Interesting read.
"...Neutralism
After much thought, strong reading, thinking, playing, looking back with total open mind, I have finally realized the ultra importance of true neutralism...."
Great theory though easier said than done.
IMO its very difficult for one to achieve perfect 100% neutralism at the Bac table. In part because it is in itself a subjective term (meaning can't be quantified with 100% certainty), by a consensus or majority.
Also, because I perceive many Bac players initially learned from different sources early in their careers and these sources influenced ones first playing style: (Books, Super systems, Buddies, YouTube, Listening to other experts at the table, Big win, Media, Gambling forums,...etc).
So each player at the table is viewing (interpreting) the results from a different viewpoint.
Some of these aforementioned sources were likely helpful though some likely continue to contaminate one's decision-making skillset at the table. I would guess very few of these early sources focused on neutralism.
I do think we can all improve our decisions and "neutrality mindset" at the table and attempting to approach 100% neutralism is a worthwhile goal, though extremely difficult.
More later,
"...Neutralism
After much thought, strong reading, thinking, playing, looking back with total open mind, I have finally realized the ultra importance of true neutralism...."
Great theory though easier said than done.
IMO its very difficult for one to achieve perfect 100% neutralism at the Bac table. In part because it is in itself a subjective term (meaning can't be quantified with 100% certainty), by a consensus or majority.
Also, because I perceive many Bac players initially learned from different sources early in their careers and these sources influenced ones first playing style: (Books, Super systems, Buddies, YouTube, Listening to other experts at the table, Big win, Media, Gambling forums,...etc).
So each player at the table is viewing (interpreting) the results from a different viewpoint.
Some of these aforementioned sources were likely helpful though some likely continue to contaminate one's decision-making skillset at the table. I would guess very few of these early sources focused on neutralism.
I do think we can all improve our decisions and "neutrality mindset" at the table and attempting to approach 100% neutralism is a worthwhile goal, though extremely difficult.
More later,
#258
General Discussion / Re: Happy Father's Day 2023!
June 19, 2023, 12:10:05 PM
Thanks Vic / Same wishes to all.
#259
General Discussion / Re: Gambling Quotes
June 19, 2023, 12:08:28 PM
"A skilled gambler makes the most of it when he has the best of it"
Mason Malmuth (Author of Gambling for a Living: How to Make $100,000 a Year, Gambling Theory, et al must-read books for the serious player)
Mason Malmuth (Author of Gambling for a Living: How to Make $100,000 a Year, Gambling Theory, et al must-read books for the serious player)
#260
Other Casinos / Colorado’s Monarch Casino Loses $500K in Largest Heist in State History
June 17, 2023, 03:23:55 PM
This is a great casino in Black Hawk, Colorado, USA. Great casino destination in an old gold mining town. Approx 25 casinos together between adjoining towns Black Hawk/ Central City. I have played at Monarch many times. Though my wins were <= $500K, as best I recall.
https://krdo.com/news/2023/03/28/black-hawk-casino-heist-is-largest-in-colorado-history/
Continued Success,
https://krdo.com/news/2023/03/28/black-hawk-casino-heist-is-largest-in-colorado-history/
Continued Success,
#261
AsymBacGuy / Re: Why bac could be beatable itlr
June 17, 2023, 12:50:54 AM
Hi AS --good essay
"..Splitting outcomes in four 'events' categories was just an example, we have learnt that an asymmetrical (and unrandom) system remains asymmetrical independently of the precise spot chosen to be bet or considered.
For example, if the previous shoe had dealt a L in the examined spot, odds remain to make more probable a W than another L and the same is true about a single W towards getting another W (so forming a W cluster)...."[/color]
Can u elaborate on this part. Thx in advance.
Continued Success,
"..Splitting outcomes in four 'events' categories was just an example, we have learnt that an asymmetrical (and unrandom) system remains asymmetrical independently of the precise spot chosen to be bet or considered.
For example, if the previous shoe had dealt a L in the examined spot, odds remain to make more probable a W than another L and the same is true about a single W towards getting another W (so forming a W cluster)...."[/color]
Can u elaborate on this part. Thx in advance.
Continued Success,
#262
Roulette Forum / Re: Roulette Question for Gizmotron
June 13, 2023, 03:34:01 AM
Good exchange of info/intel
#263
Wagering & Intricacies / Re: Understanding Minimum, Average and Maximum
June 13, 2023, 03:30:16 AM
Good essay alrelax.
I agree with most of it.
"...Of course, without a doubt we desire the maximum. But you must realize when and why to increase or decrease your wagering. Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."
Its important to "Know Thyself".
For example: If I buy in for $____ and divide into ____individual wagers, then what is the average probability I can win three consecutive wagers before I exhaust my number of tries(wagers),...etc or whatever you want to plug into the above.
Is my personal probability greater than average?
What % of my sessions do I hit my _____ goal? If so can I start with fewer and larger wagers and still hit my win goal > 50% of sessions?? ....etc.
It all starts with clearly defined (& designed goals), and then a realistic workable plan.
For example, If I approach a 2k table max table /buy in for 2k and have a base unit size of 60, with a goal: I shall win >=four consecutive wagers (not necessarily 4iar same events) doing a full press or parlay+ pospro before I lose all my tries(wagers). That is realistic and I know I will accomplish that task greater than 50% of my attempts.
However, If I walk up to the same table with the same parameters above with a goal: I want to win a bunch of money, so I think I'll just full press any win ten times, color up, and go home. That is unrealistic because I know thyself(myself) and can look at my previous results and calculate or at least estimate the likelihood of success or failure.
Many players do not clearly know what they want to accomplish at that session (or if they do have a target its often unrealistic and or the design of ones plan doesn't fit the target). So the probability of success is minimal.
"...Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."
To my thinking, it is optimum to always start ones wager above the minimum (more options), regardless of if it is a Win or a loss.
For example, if table min is $50 and one is considering wagering table minimum then my preference would be to start wagering greater than 50 or say at least $60. This way we at least have the option to reduce to 55 or 50. Since Im mostly a pospro player that typically isn't an issue. However, I find it helpful to have more options vs fewer options.
re: "..minimum average and maximum wagering at the table.."
I find it helpful to know where my wager will be at least three to five Wins(or losses) down the road in my wagering regime.
More later,
I agree with most of it.
"...Of course, without a doubt we desire the maximum. But you must realize when and why to increase or decrease your wagering. Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."
Its important to "Know Thyself".
For example: If I buy in for $____ and divide into ____individual wagers, then what is the average probability I can win three consecutive wagers before I exhaust my number of tries(wagers),...etc or whatever you want to plug into the above.
Is my personal probability greater than average?
What % of my sessions do I hit my _____ goal? If so can I start with fewer and larger wagers and still hit my win goal > 50% of sessions?? ....etc.
It all starts with clearly defined (& designed goals), and then a realistic workable plan.
For example, If I approach a 2k table max table /buy in for 2k and have a base unit size of 60, with a goal: I shall win >=four consecutive wagers (not necessarily 4iar same events) doing a full press or parlay+ pospro before I lose all my tries(wagers). That is realistic and I know I will accomplish that task greater than 50% of my attempts.
However, If I walk up to the same table with the same parameters above with a goal: I want to win a bunch of money, so I think I'll just full press any win ten times, color up, and go home. That is unrealistic because I know thyself(myself) and can look at my previous results and calculate or at least estimate the likelihood of success or failure.
Many players do not clearly know what they want to accomplish at that session (or if they do have a target its often unrealistic and or the design of ones plan doesn't fit the target). So the probability of success is minimal.
"...Along with that, you have to understand there is a pathway to and from the minimum, the average and the maximum wagering at the table...."
To my thinking, it is optimum to always start ones wager above the minimum (more options), regardless of if it is a Win or a loss.
For example, if table min is $50 and one is considering wagering table minimum then my preference would be to start wagering greater than 50 or say at least $60. This way we at least have the option to reduce to 55 or 50. Since Im mostly a pospro player that typically isn't an issue. However, I find it helpful to have more options vs fewer options.
re: "..minimum average and maximum wagering at the table.."
I find it helpful to know where my wager will be at least three to five Wins(or losses) down the road in my wagering regime.
More later,
#264
AsymBacGuy / Re: Why bac could be beatable itlr
June 05, 2023, 02:52:53 PM
AsymBacGuy:
"... in the best position to grasp the probability spots where a so called 'independent' and finite world should produce more likely situations acting at various levels of probability.
Obviously in some way such statement must negate the perfect 'independence' of the outcomes, yet we've seen that even at coin flip successions where itlr A=B, some A patterns are more probable to come out first than some B patterns..."
Finite/ Order
I find the concepts of the two words in bold very important for how we should view the overall outcomes. Its good for us to understand the finiteness(I call it approaching limits) of outcomes. Just as importantly the order( If an outcome occurs First), yet the total outcomes may still be near even. The order of events are very important.
Continued Success,
"... in the best position to grasp the probability spots where a so called 'independent' and finite world should produce more likely situations acting at various levels of probability.
Obviously in some way such statement must negate the perfect 'independence' of the outcomes, yet we've seen that even at coin flip successions where itlr A=B, some A patterns are more probable to come out first than some B patterns..."
Finite/ Order
I find the concepts of the two words in bold very important for how we should view the overall outcomes. Its good for us to understand the finiteness(I call it approaching limits) of outcomes. Just as importantly the order( If an outcome occurs First), yet the total outcomes may still be near even. The order of events are very important.
Continued Success,
#265
Vegas and Atlantic City / MGM Makes Surprising Las Vegas Strip Gambling Change
June 04, 2023, 01:49:46 PM
This has alrelax written all over it .
"...The Gaming Streaming/Video/Photo Policy is launching for the Nevada properties in May 2023," the memo shared. "The new policy is aimed at allowing our guests to take photos and videos, and, when appropriate, to share that content in real or in near real-time via social media broadcasts..."
https://www.msn.com/en-us/money/other/mgm-makes-surprising-las-vegas-strip-gambling-change/ar-AA1c6EXJ
Continued Success,
"...The Gaming Streaming/Video/Photo Policy is launching for the Nevada properties in May 2023," the memo shared. "The new policy is aimed at allowing our guests to take photos and videos, and, when appropriate, to share that content in real or in near real-time via social media broadcasts..."
https://www.msn.com/en-us/money/other/mgm-makes-surprising-las-vegas-strip-gambling-change/ar-AA1c6EXJ
Continued Success,
#266
KungFuBac / Re: Live Casino Online - Best Live Dealer Casinos & Games May 2023
June 04, 2023, 01:04:44 PM
Thx alrelax for your prompt reply.
I agree with your opinion Gizmotron.
This is very concerning (though not surprising). I've always been a little paranoid to gamble online though I know a few people that have been successful.
"...Originally started as a Graphical User Interface for Panorama Tools (hence the name), PTGui has evolved into a full featured, industry leading photo stitching application. Take roulette for example. We can have a series of 35 dealer initiated spins and instantly while appearing legitimately, allowing the outcome to be our chosen result. ..."
Strong words from an insider. The evidence is difficult to refute.
I avoid slot machines and avoid most e machines. Many of my states 120+ casinos only allow one to play their freeplay on slots or emachines(such as eCraps by Interblock or eRoulette by Evolution).
A friend was playing the eCraps(by interblock). It is the one with the slender cylindrical glass capsule with two small dice where one is not playing with other players. Anyway, he built a profit of +$70,000 in approx 3months--then it was wiped away (+additional -12K) in approx 2mo,....etc.
I had warned him it was simply a slot machine with a craps cabinet. He disagreed as it was his opinion they had no method to control the dice. He was mostly wagering a steep Marty for 3 steps. Also, one can get a roll approx every 8-10seconds. A very dangerous combination.
Continued Success,
I agree with your opinion Gizmotron.
This is very concerning (though not surprising). I've always been a little paranoid to gamble online though I know a few people that have been successful.
"...Originally started as a Graphical User Interface for Panorama Tools (hence the name), PTGui has evolved into a full featured, industry leading photo stitching application. Take roulette for example. We can have a series of 35 dealer initiated spins and instantly while appearing legitimately, allowing the outcome to be our chosen result. ..."
Strong words from an insider. The evidence is difficult to refute.
I avoid slot machines and avoid most e machines. Many of my states 120+ casinos only allow one to play their freeplay on slots or emachines(such as eCraps by Interblock or eRoulette by Evolution).
A friend was playing the eCraps(by interblock). It is the one with the slender cylindrical glass capsule with two small dice where one is not playing with other players. Anyway, he built a profit of +$70,000 in approx 3months--then it was wiped away (+additional -12K) in approx 2mo,....etc.
I had warned him it was simply a slot machine with a craps cabinet. He disagreed as it was his opinion they had no method to control the dice. He was mostly wagering a steep Marty for 3 steps. Also, one can get a roll approx every 8-10seconds. A very dangerous combination.
Continued Success,
#267
Vegas and Atlantic City / Busting-vegas-myths-casinos-pump-in-extra-oxygen
June 03, 2023, 11:56:06 PM #268
KungFuBac / Re: Live Casino Online - Best Live Dealer Casinos & Games May 2023
June 03, 2023, 11:36:19 PM
alrelax:
"...Be careful. There are ways the casino can track you and have it appear they are not. I have some minor detailed info on this. Not handy right now, but I will dig out the email I received from an out of country, live online casino personnel, whom gave me some detailed operating tricks they use/used, etc. I will find it and post what I was told..."
Thx as I would like to hear these operating tricks.
I like the idea of Stadium Bac setups like in Vegas,USA or Bethlehem, PA,USA where one can set at a console and observe 4 games at once being dealt with live dealers visible at the tables in front of you. Observing the cut/ see each card and draw. It doesn't seem like they could utilize any tricks. Possible, I guess.
My state of main residence doesn't permit any online gaming(of any kind). However, two nearby adjoining states allow it. Plus my state is changing some of their gambling laws(or likely will in the near future).
*Regarding the two nearby adjoining states. I find it interesting that as I drive and approach the state borders, I start receiving popup texts from Caesars et al sports books offer sports betting there.
Continued Success,
"...Be careful. There are ways the casino can track you and have it appear they are not. I have some minor detailed info on this. Not handy right now, but I will dig out the email I received from an out of country, live online casino personnel, whom gave me some detailed operating tricks they use/used, etc. I will find it and post what I was told..."
Thx as I would like to hear these operating tricks.
I like the idea of Stadium Bac setups like in Vegas,USA or Bethlehem, PA,USA where one can set at a console and observe 4 games at once being dealt with live dealers visible at the tables in front of you. Observing the cut/ see each card and draw. It doesn't seem like they could utilize any tricks. Possible, I guess.
My state of main residence doesn't permit any online gaming(of any kind). However, two nearby adjoining states allow it. Plus my state is changing some of their gambling laws(or likely will in the near future).
*Regarding the two nearby adjoining states. I find it interesting that as I drive and approach the state borders, I start receiving popup texts from Caesars et al sports books offer sports betting there.
Continued Success,
#269
Alrelax's Blog / Re: 6 Thoughts Last Night
June 03, 2023, 11:16:31 PM
alrelax :
"...2). Exiting Points. Know what they are and exactly the definitive number/amounts of win or loss that triggers them. ..."
Every variable (including Exit) in our game should be predetermined EXCEPT: Bet Placement.
Re: Exit Point--My preference is to predetermine my W exit as (>= X). Never Ever Limit.
Im always looking for that extended W streak. However, one must be realistic/ not push. Patience and wait for it to come to us.
My Lexit is (0) per buy in/shoe or I'm tired. I will only lose (<=1 buy in) per shoe. Yes I could possibly lose 1 buyin in >1shoe, or every shoe that day(though I don't recall ever doing so), and the next day, and the next day,...etc.
I don't feel a need to lose down to (0) or hit W goal each day. For example if I play 4-5 shoes and up(or down) a few hundred and didn't hit W or L exits I may call it a day. I'm not thrilled but some days I head home and feel like it was a wasted day. However, its also a consolation on some days as I realize many players went on tilt and busted several buyins in a single shoe. Other days I observe just as many winning big and then give back their orig buyin + 100% of the winnings.
*A few weeks ago I played two 4 hour sessions that day(prob 6shoes): Session 1=+120, Session 2=+15(after gas). that's not a good return for 9 hours at the table and away from home 12 hours.
** Another day awhile back I a had a grand Net = +$8 for the day after about 9 hours at the table.
Some days I simply can't get anything going. I try to avoid dwelling in the past. Same for big win days--I start anew the next day.
Continued Success To All,
"...2). Exiting Points. Know what they are and exactly the definitive number/amounts of win or loss that triggers them. ..."
Every variable (including Exit) in our game should be predetermined EXCEPT: Bet Placement.
Re: Exit Point--My preference is to predetermine my W exit as (>= X). Never Ever Limit.
Im always looking for that extended W streak. However, one must be realistic/ not push. Patience and wait for it to come to us.
My Lexit is (0) per buy in/shoe or I'm tired. I will only lose (<=1 buy in) per shoe. Yes I could possibly lose 1 buyin in >1shoe, or every shoe that day(though I don't recall ever doing so), and the next day, and the next day,...etc.
I don't feel a need to lose down to (0) or hit W goal each day. For example if I play 4-5 shoes and up(or down) a few hundred and didn't hit W or L exits I may call it a day. I'm not thrilled but some days I head home and feel like it was a wasted day. However, its also a consolation on some days as I realize many players went on tilt and busted several buyins in a single shoe. Other days I observe just as many winning big and then give back their orig buyin + 100% of the winnings.
*A few weeks ago I played two 4 hour sessions that day(prob 6shoes): Session 1=+120, Session 2=+15(after gas). that's not a good return for 9 hours at the table and away from home 12 hours.
** Another day awhile back I a had a grand Net = +$8 for the day after about 9 hours at the table.
Some days I simply can't get anything going. I try to avoid dwelling in the past. Same for big win days--I start anew the next day.
Continued Success To All,
#270
Wagering & Intricacies / Re: Randomness. Using it and Understanding it.
May 30, 2023, 03:20:10 PM
Good Morning Gizmotron /thanks for your reply.
Gizmotron: "... missing every one and still just grinding away with a few ups and downs. Everything adds up. You must take the gravy once in a while in order to be able to take the chances in the first place. Playing against randomness is all about winning in the aggregate. ..."
I agree.
I view gambling at Bac as similar in some ways to fishing. There is a reason we call the art of casting a line into the water "fishing" and not "Catching".
A skilled fisherman doesn't just go anywhere into the ocean and start randomly casting their line in all directions and hope a fish finally sees the bait(and the fish also wants that bait and strikes at that bait).
A skilled fisherman may look at the weather conditions(In the past has fishing been productive in weather like this)?
In the past have the fish liked this particular bait better vs typical bait?
In the past have fish struck at my bait in this section of the ocean vs typical days?
What depth have fish in the past seemed to strike at my bait vs typical day?
In the past have fish seemed to strike at my bait at this time of day vs other times of day?.
...etc.
The more experienced the fisherman the more tools in the tackle box. Some days very few tools(lures--bait) will work.
Some days the fishing is great and we should fish all day and all night or until they quit biting.
Some days the fish simply are not biting. It is a great option to know we do not have to use all our bait and fish all day.
Continued Success
Gizmotron: "... missing every one and still just grinding away with a few ups and downs. Everything adds up. You must take the gravy once in a while in order to be able to take the chances in the first place. Playing against randomness is all about winning in the aggregate. ..."
I agree.
I view gambling at Bac as similar in some ways to fishing. There is a reason we call the art of casting a line into the water "fishing" and not "Catching".
A skilled fisherman doesn't just go anywhere into the ocean and start randomly casting their line in all directions and hope a fish finally sees the bait(and the fish also wants that bait and strikes at that bait).
A skilled fisherman may look at the weather conditions(In the past has fishing been productive in weather like this)?
In the past have the fish liked this particular bait better vs typical bait?
In the past have fish struck at my bait in this section of the ocean vs typical days?
What depth have fish in the past seemed to strike at my bait vs typical day?
In the past have fish seemed to strike at my bait at this time of day vs other times of day?.
...etc.
The more experienced the fisherman the more tools in the tackle box. Some days very few tools(lures--bait) will work.
Some days the fishing is great and we should fish all day and all night or until they quit biting.
Some days the fish simply are not biting. It is a great option to know we do not have to use all our bait and fish all day.
Continued Success