Investing also has to be viewed as 'control' and 'cashing out' and returns.

1) Go buy a stock like Google, Microsoft, General Motors, etc., it goes up, how much, how quick, etc., can I sell it to get my cash profit??

2) Go purchase equipment to go into business and work your rear-end of and provide something with good or great value that is needed or desired.  You set your own destiny based upon the market, your service or products, your value-pricing and running of your company, etc.  You always have the liquidation value of the equipment, property and other tangible assets you invested in when you began, etc.

3) Purchase and resell tangible assets, old muscle or antique cars, sports memorabilia, old-rare art-currency-other printed items, etc.  Have the knoweldge and the contacts and know what you are doing.  Be int he right spot at the right time, etc., etc. 

4) Invest in other possible investment streams, such as crypto currency, gambling, gambling teams-schemes-crews, etc., and other 'start-up nothing backing or guaranteeing them except verbal talk and promises.  What control and what level of risk can you take, afford, handle?? 

What I do know after 50 something years alive, a good 30 plus working and investing, is the easier-better-gold mine-no brain needed-make lots of money without risk or very little risk-etc., etc. etc, al carry super high risk and most of the time (most) a great loss of money.

I learned about 'Freedom Checks' and spend a good 1/2 day listening, learning, talking and researching it, I should have Face Time my little boy and played 'tiddly-winks' or got out my supply of transformers and call of duty (Halo) figures and played with him that day--it would have been a better use of 1/2 a day! 

Pretty much correct LeungYeh.  Personally I would not put say  $50,000.00, $100,000.00, $250,000.00 in a cypto currency investment for my kids and leave it for a number of years.  Like most other things, that come and go, quicker and easier (safer?) to make the money when it is happening.  As far as longevity, too many things to happen first in several years, IMO.

The scariest thing and the most important thing, is to the best of my knowledge and info, there are no guarantees to get rid of any of them, can bust out and belly up at any time, at least that is what I read in multiple places. 

At least when I buy a stock, I might lose money if I have to sell but there are guarantees I can sell it, etc.  Investments are just that, what is the risk and what is the guarantee that I can sell it for 'whatever' is i have to or something with it takes a down turn???

The reasons here in the USA from everything I read, is the non-government backing of them, with that--that will bring a higher price of return and also a higher chance or risk of bust-out???  IMO, as an investor and the person that has to earn the money and then turn it over and take the risk. 

But the points you bring out about the younger crowd, view and reasons and whom they compete against are absolute and correct and great points.

I was just about to make an announcement yesterday, but an event that happened in Florida took place.  2 of my 3 kids demanded my presence where they are and I had to accompany them to school today.  I will make the announcement soon, it is not the time yet, thanks, Alrelax.

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When I play roulette on the rare occasion!  LOL.

The people of Oregon are simply donuts over something!  I knew they were way out there, like way way out there! 

http://www.foodandwine.com/travel/portland-having-doughnut-crisis

http://www.oregonlive.com/dining/index.ssf/2012/07/is_a_portland_doughnut_war_app.html

The best thing about bac is, 'if you can control yourself', you don't have to bet to stay in the game.......................

What so many fail to understand and see bac as, is this-----it is like a female that will be always be honest and pure to you even when you are not within viewing and witnessing range...............................the mess ups are your fault, your decisions, your doings...... just almost all people find other things/people to blame all their downfalls on......

Jelly Donuts only in Oregon!

There was once a teenage girl who wasn't allowed to have a boyfriend, but she would sneak them into the house anyway.

One night she had over a boy, when her father began knocking on the door. She knew she couldn't have boys over so she locked him in the first of her three closets. (The one with all of her dirty shirts and pants)

About a week later she had another boy over and she herd a knock on the door. As she knew she couldn't have boys over she locked him in her second closet. (With all of her dirty underwear)

Another week later she had another boy over and she herd a knock on the door. She knew that she couldn't have boys over so she locked him in her last closet. (The one with her trash can of used tampons)

A few weeks later she was cleaning her room and remembered the boys in the closets:

-She checked the first one and the boy had starved to death.
-She checked the second one and again he had starved to death.
-She checked the 3rd one and the boy was still there. Curious, she asked how he managed to stay alive. "Thankfully, you left plenty of jelly donuts in your trash can for me to eat" he replied.

Sexy Donuts

Fred, Mark and Mike visit a whorehouse after playing roulette at their local casino.  Mark can't wait
until he gets in the place as is evident by his pushing and rushing the other two as soon as they parked
their car in the parking lot.  They get inside the whorehouse and about 20 minutes later reunite together.

Fred comes out of the first bedroom and says, "She put a powdered donut on my d**k."

Mike comes out of the second bedroom and says, "She put a glazed donut on my d**k."

Mark comes out of the third bedroom, holding two dollars. Fred and Mike ask, "Did she donut you?"

"No" says Mark, "she told me to go and buy a box of Cheerios and then come back again."

The Ultimate, A plate of them set in front of you:

https://www.youtube.com/watch?v=fC3Cthm0HFU

This is what a real-life gambler does, a real life baccarat player. 

What is it that you do? 

Please do share!

Bump, I went back and read through this. 

Here is my question:  How come with all the successful grinding it everyday type of layers making all the money they claim they make, they have no pictures, no cash outs, no buy-in's, no proof, etc., etc., etc???  Why is that? 

Why?  How come?  Why not? 

Quote from: alrelax on November 06, 2017, 05:04:28 AM
Conclusion of the above post:

So, could have I ran out and purchased those things with my own funds from my company, my paycheck and other moneys I have coming in.  Sure.  But, better to have them purchased from my play at the casino, add to my bank roll and other money as well as reserve my risk capital for yet another chance.  Do I lose my risk capital?  Yes, at times.  But my profits and my wins far outnumber my losses since I changed my visions, wants, desires, and I accept each and every attempt as what the karma truly is.  I can and do walk away without that dreadful feeling of misery and gut wrenching desire to buy back in and get whole again.  I truly have overcome that stupid, moronic, financial wreaking havoc of gambling. 

I had a 9 time buy-in profit plus on Friday night.  Could it have been a 20 time one?  Could it have been a 50 time one?  Maybe.  Sure, anything is possible.  However, there was particular problems that limited me on Friday and I knew what they were and I factored them in my stopping while winning, instead of giving back 'XYZ' and then stopping.  And that is critical here as well.

I don't chase!  The single biggest, worst, absolute downfall you can engage in while playing baccarat.  Negative progression and chasing, both are almost every gamblers worst nightmares.  Like 99 out of 100 gamblers that lose everything they have, in fact.  Virtually every author and systems inventor includes that within their work, as sort of a guarantee or a promise as a way out, a full backing of how strong their system is and how they never ever lost but just in case, all you have to do is this '-----'......., and then they explain and lay out the negative progression thing, etc.

Every smart, experience dealer I talk with---that truly knows the game of baccarat has wholeheartedly agreed with me about chasing and negative progressions.  It is hard—probably the single biggest obstruction and task in baccarat gambling.  The protocol to adhere to buy-in with 'XYZ' that is a fraction of your bankroll, losing it and walking away for several days or a week, etc.  Everyone says, (and I used to and once in a while still do, and I regret it 90 something times out of 100), "let me get even—I will stop", or "Let me win just a little bit and I will then stop".

And then the gamblers get the casino's money and put it in their chip stacks.  Larger and better and play with much more aggression, average wagers and drive.  Win, win, and win.  But does it always work that way?  All they do is get themselves in an unconscious 'rut' as I have said.  You have to buy-in with a certain disposable amount of money and if you win, reset and refresh, each and every time.  See your gain, realize your reward from your risk.  Physically see it and psychically realize it like I did Friday night.  That is what I have been talking about in many of my threads for the longest time.

Your mind will control you—there is a thought process—which does and always allows you to win—but it can 100% allow you to only lose a small amount and win larger amounts.  And they way to accomplish that is not by a continual gamble with a continual stacking of win chips and increasing your wagering and play time at the table.  You will inevitably every time fall into that horrible 'rut'.

If you apply what you just won to your buy in stack or even put it in your pocket and maintain the thought you will continue to smack the casino—again and again and again, you cannot realize what is going to happen or could happen.  And it will happen each and every time when the cards change and you will be saying, all I have to do is negative progression bet to get whole again. 

I have witnessed it first-hand countless times.  The most recent of a larger nature was someone that won over $60,000.00 on about a $5,000.00 buy-in at the very most.  Gave it all back and lost at least another $20,000.00 attempting to chase it and recover their 'mini treasure' they just gave back.

Your mind, your buy-in---they need to work together and realize and realize everything going on and how to proceed with the instant events as they unfold.  Not easy for most, but this is the key.  You also have to place an extreme value on win $$$.  Not just chips from the casino to replace your lost ones that same session or prior sessions, etc.   Like I keep saying, 'reset' and 'refresh'.  Each and every shoe or session.  Nothing else can be factored into the play, if you do—all you are doing is clouded and discounting any value you will place on win money coming in.

That win money has to be paramount to you and your structuring of your play.  It is to me and since I realized and discovered all this, my play has been virtually turned around and extremely profitable and powerful. 

So, now back to Friday night and Saturday morning.  So, I ran out as I said to Wal Mart and a shopping center to purchase those things.  When I went back, my casino buddies were down, this is about 3 hours later.  Almost all of them, gave back their win money and a few were buy-in once again.  Sad, but just a regular happening.  I reset and refreshed.  I bought in with only $300.00 out of the $500.00 I originally did.  The shoe was bad.  I waited until it was about hand 65 or so.  I started to play small.  I won a few hands and threw in $150.00 wager and won.  I doubled my buy-in.  I played another 20 hands into the next shoe.  About ¾ of the way through the shoe, I was up to about $2,300.00-$2,400.00.  After a bit I was down to about $1,700.00.  I made a $400.00 wager on what I figured was going to win.  I lost.  I said to myself, "I am not having fun, I am struggling, and everyone else lost their $5,000.00 to $10,000 win monies and were into their 3rd and 4th buy-ins.  I had another $1,000.00 and my $300.00 sitting in front of me.  I called it a night.  I woke up in the morning, went to the restaurant and ordered that steak and eggs and figured out what I had to do later in the day.  I called it quits.

Sure I wanted to play later in the day, last night.  But, I know the odds and my win came too quick anyway.  I would have been in the wrong mind frame with a bunch of players returning to the casino later in the evening with new money to chase their lost money from the night before.  Aggression, impatience, winning and then losing---it is not good at all to thinking clearly.  Sorry, for the risk of sounding conceited and obnoxious, I just have too much experience around baccarat tables.

And then I read about all the other players with the mentality of the following:  "I can make 10 units at one table, go to another table make another 5 units and then keep doing that for hours.  Make $100 and call it a day.  Double the bankroll every month or so and leading me to full time income."  Etc., etc., and so on.  I say, yeah right, try it.  You already did.  Every time you build up and build up, you just wager bigger and harder and you fall that much deeper and harder each and every single time.  Nothing changes.  Then you say, "As an example, if someone has $20,000.00 as a bankroll, then I would just focus on making 1 or 2 % per day, doubling that bankroll within so many months, etc.  After a full year I will be earning a great income."  And, so many other things all similar to what that member said there. 

I have figured it out and it works for me, and I did it Friday night, a pretty average night, and just a little bigger win, with no regrets of stopping before I got sucked in and could not.  I said, I have flaws also and I make mistakes as well.  I have had bigger wins, much larger.  In Vegas with my wife, played a couple shoes as soon as we got into Vegas to Caesar's Palace and won well over $100,000.00 and gave back a little.  We ran out and bought a brand new Cadillac Escalade for right at $80,000.00.  Got rid of most of the win money and rest and refreshed.  And, we are not going into it, I have experience in Connecticut with a couple hundred thousand dollar wins and giving it all back, every bit of it and chasing and chasing and chasing. 

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To me, gambling, winning, losing, etc., is all part of the same game.  You have to figure it out and do not let everything alter your mind, your decisions, your desires, your actions, your thoughts, etc.  Because almost all the time—players do!  It's the same all over, here, there, where you are—everywhere.  Stop thinking you are invincible and you know everything.  You do not.  Your mind will have false desires and false thoughts induced to it---when the wins and the losses come.  And they both will. 

And next time I go to the casino, say I lose my $500.00 or my $1,000.00 buy-in.  I will not get up and go to my car and sit there thinking something along the lines of, "I won $4,600.00 last time and I increased my bank roll by $2,000.00—I just lost $500.00 so why not try again tonight with another $500.00 and if I lose I will still have $1,000.00 from that money and all my other money still there."  NO!  It does not work, because I know 1,000% that when I lose I generally continue to lose that night, session, trip, etc.  True sometime I can get it back, but I would say out of roughly 100 I try to recover and get whole after losing, I probably only successfully accomplished the recover 10 to 20 times.  The 80 or 90 times of ADDITIONAL LOSSES far outweigh the recoveries.  That is my facts and everyone that I talk with that is honest with me, tells me something along the same exact lines.  As far as my own profitability and continual efforts, I know 100% by my bankroll and my physical possession/bills/pre-paid debit cards, etc., etc., that I am far (and I mean far) ahead of the game!  I do not keep a record book, no need to.  Just confusing, pressure and I am not a professional full time gambler, earning my living from gambling only. 

So, back to Friday night once again.  I went back to the casino after the shopping, Walmart and errands I took.  A couple of the dealer's say, "Where's all your money"?  When I sat down with only a few hundred buy-in once again.  They say that because they did not see me for a few hours and figure I lost it like most of the other did and do all the time.  That is so much the norm, it is funny—sad, but funny because things almost never change.  Friday night the floor people had to expedite security to get to the baccarat tables with fill chips because everyone was taking them so quick from the rack.  Normally that does not happen and the floor lets the racks run down because they usually get it back before they run out.  Then a couple of hours later, the floor is calling security to get to the other baccarat tables with empty cases to remove the excessive chips they have no room for because each and every player was giving them back to the other tables!  That is why I preach the rest and restart I repeat and repeat all the time.  As well, I don't subscribe to the illusion of grandiose huge wins as almost every player continually does or used to do.  But likewise, I don't exclude myself from having an occasional one and I do that by not setting win-stops or loss-stops.  Period.

I see the same faces on a local scale.  I know their buy in's and I know their average wagers.  I also see what they win or they tell me.  I know when they play bigger, buy in more and wager heavier.  I know the upper 90-% of the times--that is from their previous win money.  All they do is what players do all over the world.  Just give it back and get sucked even deeper and deeper and deeper and play longer and longer and longer without any real reward for their risk. 

There, I think I kind of explained it to you guys??  Maybe some will understand and for the others, just go ahead and continue your chastising and attempt at humiliation.  Cite how much you make and how you never lose, etc.  Cite this or that.  Can I please see your buy-ins, your chips, your cash outs and all that?  Or are you just going to stress how many '+' units you win and what your stop loss is, with all your win money??  Just curious. 

Just like a prostitute that gives the answer, "I never been arrested by the police and I work every night on the street and been doing it for 20 years".  I would have to say, 'show me your RAP sheet, then I will believe you'.  Just like the dog catcher that says he has never been attacked or bitten in 25 years of working for the city animal control.  I would have say, 'show me your medical file that substantiates that'.  The list goes on.  But when money is involved and ego as well--stories and purpose change real quick.  Especially on the internet.  Once again, I am real, I play with real money and I have been doing exactly that for many years. 


Strength and Weakness

Do not let your downfall be your inexperience and your greed.
2 of the most common things, IMO—that would be to blame for the real reason a player had a massive downfall.
Confused with Reality and Strength.  The events at hand and how the player acts and responds.

Why did the baker stop making donuts, the baker in Oregon that is?

Because he was fed up with the hole business!
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Knock Knock!  Who's there?  Justin.  Justin Who?

Just in time for a doughnut!
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Why couldn't the teddy bear eat his doughnut??

Because he was stuffed!

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I thought you stopped gambling you said??  I also thought you stopped giving advise cause you were getting blamed for others losing??  No?

Love the stuff you write!  Drinking coffee, with no donuts here on the tail end of a bad white-out storm snow storm today! 

As far as the phone call from jail, no idea what you are referring to? 

I have your number from a while back, you want me to call you tonight?