QuoteYes, I'm slowly grasping everything Roulette-related... so much to learn!
Let me see if I understand correctly so far...
I start off by having a good bet selection based on solid principles. These have been tested and tweaked for triggers and found to consistently win more than they lose. I use these in my strategy when "advancing into battle".
Knowing when to stop is essential to success. Whilst playing the game, money-management is the key to stop/loss. You recommend a positive progression on wins... and a maximum draw-down on losses. So we are not chasing our losses, but recouping a loss through future wins in other sessions.Quote from: VLS- You must always apply the principle of "MAXIMUM draw-down". You must exit when your next bet makes you go lower than what you brought for a session bankroll. Example of a Max. draw-down scenario: you come to the table with 100 chips/units, are up +45 and have a total of 145 chips now and your maximum draw-down at this point is 145 - 100 = 45 locked chips/units. When working the averages this mandatory principle makes a big difference -HUGE in fact! As opposed to the gambler whose stop-loss is leaving up to the last unit/chip to the casino.
The new maximum draw-down after winning +45 is now 45?
And therefore, no bet should make you go lower than 45?
And if it would, then it is time to exit, i.e. go home?
If you end the day winning... Do you continue the positive progression into the next day?
- Reinvest stack. This includes the positive progression from the last winning game. If I lose a session... I start over again with minimal unit value - the minimum BR being drawn from the reserve stack?
- Reserve stack. What percentage of the daily winnings should be reserved? Lanky once wrote that when he won a certain amount... instead of going home, he would continue to play (with those winnings only) ...and was able to build several reserved banks on the side. I imagine for unlucky streaks?
- Net wins. This is what we are all looking for...![]()
The ball in now in your court... opps, I mean wheel/disc...![]()
Laughter & Light,
Lady K