The HG

[geoff365]

Any system is not a loser. It depends on the money management. Each session with any number of spins (eg 42, 67, 112), has to have a win goal and a stop loss. The problem is finding the loss and goal.

Take backing a single number, just an example.

Stop loss 36 units.
Win goal 18 units.
To show a profit session wins of at least 2/1 has to be achived. 

Or it could be:
Stop loss 24 units.
Win goal 18 units.

Take backing the last 18 numbers, just another example.

Stop loss 180 units.
Win goal 90 units. Again at least 2/1 is needed

The HG is not the mechanical system. It is the money management.

[VLSroulette]

Geoff, your post makes perfect sense.

Each session then represents a complete "transaction". In the end we have to think like the casino: long-term.

As players, we accept we can't win every session. Our only concern must be to AVERAGE more $ won than lost. With our hit ratio being at or below what probability dictates. Me, Manrique and every other money manager is with you: what makes the difference is how much is bet when you are on a winning run (win the most when winning) and how little it is laid on a losing run (lose less when clearly losing).

This post is Gambling framework material.

Thanks for making it.

Regards.
Victor

[Marven]

The HG is not the mechanical system. It is the money management.

&

Each session then represents a complete "transaction". In the end we have to think like the casino: long-term.

As players, we accept we can't win every session. Our only concern must be to AVERAGE more $ won than lost. With our hit ratio being at or below what probability dictates. Me, Manrique and every other money manager is with you: what makes the difference is how much is bet when you are on a winning run (win the most when winning) and how little it is laid on a losing run (lose less when clearly losing).

Victor and Geoff,

I truly couldn't agree more with what you said.

This somehow reminded me of Manriques's wise words:

"Only proper bankroll management can allow you to face better or worse every possible situation."

"It is about a playing methodology but also perseverance, patience and coldness; this means an impeccable conduct and taking it just like work."

Best regards,
Marven

[Marven]

-