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20% of what?

Started by Mr J, September 29, 2010, 04:37:05 AM

0 Members and 1 Guest are viewing this topic.

Mr J

I have read many times to shoot for 20% profit, then leave. Is that 20% of your BR or 20% of your buy in? Opinions please......Ken

Far-Q


bombus

Buy in.

I prefer around 14% myself.

If you could consistantly earn 14 cents in the dollar on any type of investment you would become very rich without being greedy. :)

KGB

A player who limits himself to stop/win goals is doing more harm than good.  This type of thinking only proves my case more.  How can one win a serious amount of money using this flawed logic? The answer? YOU CAN'T! If it was 20% of your total bankroll, then in order to win 1 million dollars you would need 5 million to do it.  If you are winning, you should keep playing until things subside.  How else can you be expected to make any significant profit? With an up as you win progression, the compound interest can make you win a large sum of money with a relatively small bankroll.  I am still playing and winning while the rest have gone home with their IMPRESSIVE 20%. 

bombus


Nathan Detroit

A 20 % WIN GOAL does NOT mean  a WIN   LIMIT.  It is  a GUARANTEE   and any smart player should   know  what that means. and what to do with that 20 % and it does not mean leaving the table or casino.. :ok:

There is  actually much  more to know than meets the eye how to handle all the subsequent wins. But this  again is part of  the lnowledge of   REAL expert players.. Those cats know  how to operate  on   ALL cylinders.

Nuff said.

Nathan Detroit
HAPPY WINNINGS!!!



beretta28

The key question is: " If my stop win is at x% of my session bankroll,how many sessions do I need to ricover all my session bankroll if I lose it all?"

If the answer is: I need 5 or 10  sessions(stop win at 20% or 10%),this  is too much!!

To ricover a session bankroll it would need maximum 3 sessions,but 33% as stop win seems too much!!

So what?

We come back to the rule number one of all players:play only a few spins and don't fraction too much your session bankroll.

For me:session bankroll 10 units at the most,stop win at 3 units!

But playng like that you don't have fun!!

So the choice is:play for fun and lose,speculate and play in a boring way and MAY BE you can win small amounts of money!!


Am I wrong?


Mr J

@Nate >> I like when you say... 'Nuff said'

Mike

I'd like to know where this magic figure of 20% comes from. My guess is it should be lower than that, somewhere between 5 and 10%. I investigated this and found that, for example, in 100 spins playing the even chances you won't ever be more than about +7 units ahead flat betting, which would make a conservative estimate of 5% more realistic.


MiniBaccarat

G'day,

Quote from: Mike on September 30, 2010, 04:42:20 PM
I investigated this and found that, for example, in 100 spins playing the even chances you won't ever be more than about +7 units ahead flat betting,

You talk like Garnabby!

The self professed losers tell us they can't win, fine,
but then they want to tell NON losers that they to will lose!

Would you go to a financial planner that has been bankrupt 10 times for advice?
"Oh, You can't make money on Forex, Shares or Property, I lost!!"

As for the idea that we're all making it up (being winners),
keep telling yourself that, you're as WRONG about
that as you are about the MATHS involved in Roulette!!

Don't bother asking or trying to ridicule me, I've got the money, YOU haven't!!

Glenn.


Mr J

I liked your post Glenn. I said it before, people that do not do 'well' playing this game, HATE others that do. I guess jealousy, but I'm not real sure, dont quote me on that.  If THEY cant win....nobody else should be able to win.  :girl_wacko: Ken

Mike

Wow, you guys sure are touchy. Where did I say you can't win in this thread? I post a comment asking where the 20% comes from then present my own findings based on actual research, and I get this.  :sarcastic:

Because you know, deep down, that your winnings (if any) are based on luck, and only luck, it really bothers you that someone else seems to know what he's talking about, then you start to scream "go away and leave me with my delusion! please don't tell me the truth! I can't handle it!"

None of the systems in this forum are based on anything other than hope. They are just plucked out of thin air with no basis or foundation in mathematical facts. If you actually did the proper analysis you would realise that none of them will work consistently.

Just a simple "I don't know where the 20% comes from" would have done, but no, you have to ignore the question and start with the personal attacks. That's not helpful to anyone. This could have been an interesting discussion about what is the best percentage to aim for and why, someone might even have learned something. But you prefer to make it a battle of egos. What about the truth? isn't that more important? apparently not.



Nathan Detroit

A 20 % return is more likely to happen on  a fairly consistent basis.

The  10 % return is  an intelligent figure and not difficult to reach while  5 % is  SUPER intelligent and smart .

Nathan Detroit

Ulysses

this is how I play, I aim for 50% profit, if and when reached, playing straight up numbers playing 0.10 min rng

Bank roll £100

50% profit £50

(if lose bank roll, stop, play again tomorrow)


New Bank roll £150

50% profit £75

(Stop play if total bank roll drops to £110)


New bank roll £225

50% profit £112

(Stop play if total bank roll drops to £150)


New bank roll £337

50% profit £168

(Stop play if total bank roll drops to £225)


New bank roll £505

continue repeating staking plan

Mike

Quote from: Nathan Detroit on October 01, 2010, 10:59:18 AM
A 20 % return is more likely to happen on  a fairly consistent basis.

The  10 % return is  an intelligent figure and not difficult to reach while  5 % is  SUPER intelligent and smart .

Nathan Detroit

Take this to its logical conclusion: So if you aim for 0%  return then you are a genius!  ;D

Mike

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