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Alter your MM plan

Started by Talesman, August 29, 2008, 04:41:26 PM

0 Members and 1 Guest are viewing this topic.

Talesman


Perhaps there has been over 5 trillion words typed up about MM.  Some useless, some were gems.  But what I not seen discussed is a very simple concept.

Every progression written has you winning something at the end if you lose your initial wager (and survive the progression).  Sometimes in one fell swoop or in a series of bets.  But they all have you betting a negative progression immediately after a loss.  Is that really wise?

If you believe like I do, that not losing is paramount and having a profit at the end of a session is just icing on the cake, then maybe it is time to reflect on how we bet.

My take on it is simple.  Don't employ your planned progression until you have lost all previous profits or have lost a part of your BR (which I realize could be your first bet).

Let's assume you had a stroke of luck and were up 10-20 units. Now you are losing. Why not wait until those units are gone before progressing?  More often than not you can stay in the game for 100-300% longer by doing that.  I am not worried about preserving the wins. My ONLY concern is preserving my BR.

Try it against games you recently tested.  I am sure you may not have that same great profit but it will reduce the game's volatility greatly and may allow you to skip over bets that caused you to place huge amounts of money on the line.  Bets that you may have subsequently lost - causing you to progress even higher before winning once again.

Just a thought.


Spike

If you believe like I do, that not losing is paramount>>>

You're talking about managing your losses. Yes, its actually more important than winning, because if you manage the losses, you will win eventually.

Just recently I've gone from betting every spin or hand for the whole game, to betting every other hand after a series of losses OR wins. This tends to keep things under control, lets me keep wins or minimize losses. Not exactly what you're talking about, but in the same ballpark.

Talesman


We're close.

When I wrote that I just re-ran some data that had me betting astronomical amounts. Had I actually done so in a casino I would have been soaking wet with sweat because every dime I had in my hand and in my jeans was on the line. I pulled out, as I usually do, but I had to re-think a bit.  There had to be a safer way.

I changed the tact and allowed the previous profits to be eaten and then jumped in with my chosen progression.  At the end of the file instead of having $28,000 all I had was $21,500 but at the same time I never had to bet more than 1/2 my bank (unlike the previous try). 

In real life I know that once I had $1,000 or more in profits I would have colored-up. But in testing you might as well run the entire file.  That's usually enlightening.



Spike

 Had I actually done so in a casino I would have been soaking wet with sweat because every dime I had in my hand and in my jeans was on the line.>>>

Thats why they keep the defibulator completely charged up in most casinos, for players like that. Luckily in practice all you have to worry about is letting the dog out before he soils the floor..

Talesman


Sometimes when I practice I use casino chips (a comp from Marlboro) the visual is the same by pushing them across the table as it is when the dealer picks them up.

We can get detached by merely using a computer sim. There you think "oh, what the hell, it's only a few grand (when the progression rises) and I bring lots more to the casino...".  That's why I do a hands-on with chips in my final practice before going to the casinos.  I need reality.  Like an actor does his lines, I rehearse the scheme.  Then I can almost play by rote once in the casino.

You have a dog like that too, I see!!!   

LOL.



Talesman

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