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Playing Roulette is your job?

Started by PonyGambler, November 06, 2009, 06:48:32 AM

0 Members and 2 Guests are viewing this topic.

PonyGambler

Playing roulette is your job?, or roulette simply give you some money?, or you loose with roulette?


WannaWin

You never play roulette as a substitute for a job. Think of it as fun.

I play for fun and when I lose I take the money as entertainment, and always win. Won the game or entertainment.

Greetings
WannaWin

iboba

I started playing full time after retiring
Earn money today,learn roulette,practice,
and play later...................Iboba 8)

PonyGambler

Yap, but i mean, Can you go to the casino and get out in positive every day?(playing roulette of course).

Regards, PonyGambler ;).

iboba

Every day???----Nobody does.
Long run,yes...............Iboba 8) 8)

bene126

Hi Iboba.With which system are you profitable in long run?

Colin

Iboba enjoy your retirement keep on winning Keep'Her Lit Cheers Colin

PonyGambler

Quote from: iboba on November 08, 2009, 08:49:29 AM
Every day???----Nobody does.
Long run,yes. . . . . . . . . . . . . . . Iboba 8) 8)
So, how you know when to get out?.

Is easy when you are winning, because when you get your target win, you get out. .  Ok, but what happens when you are losing?.

Do you have to have a target lose too?.

Regards, PonyGambler.

Silver Fox

Imo its a wise move to have a stop loss... Dont chase your losses on a bad day :)

bombus

Quote from: Silver Fox on November 08, 2009, 09:35:26 PM
Imo its a wise move to have a stop loss... Dont chase your losses on a bad day :)

Stop loss is a valid component of your game.

It is hard to cut and run from a loss though.

Not knowing your particular games, what I recommend is 90/10/10.

So, with a $500 bankroll at -$450 (-90%) the session is put on alert to turn around and grind back to $450 (-10%)

Or, lose another $50 (-10%) then stop at -$500.

It amounts to a psychological buffer zone.

Nathan Detroit

At a $ 5  minimum table  my bankroll is  $600.00 which is divided into  3  different session increments of $ 200.00  each.
.
LOSS Limit is  geared at  $ 25 % or $ 50. 00 per session.

I am appalled that anyone  would even recommend to consider  a 90  % loss and if that does not work then go  for the remaining 10% to try to win  back  the original $ 500.00. Beam me up. :nono:

When  the loss limit has  occured it requires utmost DISCIPLINE  to leave the table  and after 3 sessions the casino.

You , Sir , who recommended such a venture   are  a  LOSER  yourself with a lot to LEARN and it   shows  a lack of responibility to give even the slightest hint of such an advice.  :diablo:

Nathan Detroit.


bombus


Sorry, my mistake.

By $500 I mean the money you bring with you to bankroll the current session.

Your total working capital should consist of a minimum of three and ideally at least six of these $500 stakes. So you are risking between 33% & 16.67% of your capital at each session.

You should only ever bet what you can afford to lose, but if you have spent one tenth of the time that I have in studying and practicing your game, then you should be at a point where $500 is not a lot to invest; a pittance in fact.

Like I said, I don't know your particular games, but if you can't ever trust your chosen strategy in turning a bad session around and grinding you out of a hole, then maybe it's time to change the game plan.

In the end it's all about the percentages, and you need to find an arrangement you're comfortable with. It is a personal thing, but for me, I prefer to give the session one last shot at it before I walk.


Quote from: Nathan Detroit on November 09, 2009, 03:18:31 AM
You , Sir , who recommended such a venture   are  a  LOSER  yourself with a lot to LEARN...


Nath, mate, you got me there didn't you... I'm just pleased to know there are a few clever Nathan Detroits out there getting some of mine back off them crooked casinos.

But please remember, there's more than one way to skin a cat. Now your way might not be the worst of them, but it might not be the best of them either.

Number Six

Quote from: hot vegas night
I make a good living playing IBS 7. :dance1:

Course you do, scammer  :haha:

Silver Fox


xman1970

Quote from: Silver Fox on November 10, 2009, 04:31:39 PM
IBS 7? :scratch_ones_head:

If memory serves Silver Fox, it a even chance system with a big BR & progression..... :rtfm:

xman1970

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