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Food for Thought ...... Holy Grail ???

Started by Wally Gator, January 05, 2009, 01:16:09 PM

0 Members and 3 Guests are viewing this topic.

lucky_strike

How do you think as an strategy player, if you are one!
When you as an strategy player know your up and downs "variance" then what do you do if you hit the deep hole from scratch and there is no way around it.

You find your self aim for a gain of 10 units.
Then you find your self in the hole and are down -10 units.

Now you know your variance and it did not hit, did it.
So did you get a secound shot to win, when you find your self in this situation, the deep hole.

The distance from 0 to 10 is the same as -10 to 0, so did you get a secound shot at it, to win.

So if you would have two ways to win, then would your ratio of succes increase.
And when starts the warning bell sound in your head.
Is it when you pass this two, if that is your way of play and would you use a slow recovery strategy to grind it all back after this two attacks.

When would you exept a loss, would you?
Would you just keep going with a never ending story.
There is no secret formula for a strategy player.

All we have and its my humbel opinion, you win or break even and hit loss limit less.
There is no all in or is it?

Any thoughts or opinions...

Cheers Lucky Strike

Wally Gator

@lucky strike,

Good post.

For me, it's all about flexibility.  From taking a risk on the 2nd spin and win, to using a slow recovery strategy, to walking out and adding the loss to the next day, it's all about flexibility.

Like I've said, if there is a single thought I have about losing it's the lack of discipline.  And, especially when on a losing run.  We must fight, and fight hard, those thoughts and feelings of getting it all back, and all back NOW!!!  No question everyone on this forum has had these feelings and can relate.  Psychologically it sucks walking out a loser.  Having said that, my belief is to always focus on what the long term goal is.  Why trash your bank just because you've had a losing run?  STOP !!  Put the brakes on and continue when your responses will be more productive.  If that means having a cup of coffee and returning, then that's what it is for you.  If it means leaving and returning in 6 months, then that's what it is for you.  Don't trash your bank from a single losing run.

I believe our psychologial state is just as important as any given strategy or system.  We don't seem to discuss that much, but I believe it's very important.

TwoCatSam

Wally

Very good post.  I view it as little battles, first and tens, or at bats.  I am trying to set my goal as a monthly figure so loosing a session doesn't seem to be so bad.  We don't call the game when the first batter strikes out or we punt the ball.  We play the full game.

I am working very hard to learn when to walk away.  There is a time to stay a while long and a time to run.  Saying it is a lot easier than doing it!

Sam

Wally Gator

Sam,

You are right on the money.

Think of it like this .... instead of approaching the game with the philosophy of having to win every session or everytime we're at the casino, work the session for what it's worth.  By that I mean if it's going exceptionally well, then exploit it for all it's worth.  If things are going down the sh*tter, and if you've been playing for any length of time you know exactly when that is, then get the hell outta there.  It really is a learned and practiced discipline.  I believe that this is the Holy Grail.  It is within each of us and up to each of us to use our brain power for strategy and to keep our emotions in check.

Look at baseball, for example.  The best of the best hitters of the game, the Babe Ruth's, the Barry Bonds', the Mark McGuire's, these guys failed (struck out), on average, 6-7 out of 10 times at bat.  SIX to SEVEN times.  That is HUGE !!!  So, why are they called the best of the best?  Yeah, you could say it's because it's better than most other players .... but, the real reason is a combination of their average COMBINED WITH the fact that when they did get up they slammed that sucker outta the park !!  So, they took advantage of their sessions at bat and made the most of it.

It's no different for what we are attempting to accomplish.  Think about it.  Think about how many people play roulette at any casino anywhere in the world at anytime and how many win.  The people on this forum are easily in the Babe Ruth category for roulette.  You DON'T have to win every time to walk away with alot of money over a long period of time.  We should not even be thinking of winning every time.  It's how to maximize those times at bat.  It's knowing our averages at all times.  Knowing who the pitcher is, the condition of the field, our swinging strategy .... get my drift??

Remember, you get 3 swings at the ball.  These players have no choice in the matter.  We, on the other hand, can set the parameters of those swings with amazing accuracy.

roules

Quote from: TwoCatSam on January 07, 2009, 02:09:22 PM
Wally

Very good post.  I view it as little battles, first and tens, or at bats.  I am trying to set my goal as a monthly figure so losing a session doesn't seem to be so bad.  We don't call the game when the first batter strikes out or we punt the ball.  We play the full game.

I am working very hard to learn when to walk away.  There is a time to stay a while long and a time to run.  Saying it is a lot easier than doing it!

Sam

Gotta know when to hold em, know when to fold em.
Know when to walk away, know when to run. :thumbsup:

TwoCatSam

roules

Took me a long time to understand that song.  I thought...WHEN do you fold 'em?  WHEN....do you hold 'em.  I finally understood that each must learn for himself; there is no formula.  Like riding a bike or learning to swim.  You can be instructed but you have to learn by yourself.

Sam

MXkid77

Here's a speadsheet showing the effectiveness of 1% per day/session.

In members downloads

nolinks://vlsroulette.com/downloads/?sa=view;id=289

bombus

Hello.
Starting with $100, earn 1% per day compounded for 30 days, and you've got $136 and change.
$36 a month ain't much to look forward to, and who could maintain such a pattern of growth for 3 years without ever dipping in to the money?
Seems too impractical to really attempt.
What about the other end of the scale?
Starting with $100, earn 100% per day, compounded for say 10 days, and you've got $102,400!
If you can accomplish this goal, it's party time!
If you lose, all it cost you is $100.
Trying it once a month is probably cheaper than your mobile phone bills, and you could try once a month for 85 years before it became a break-even prospect.
And what a challenge it would be to accomplish it on the roulette table.
This sounds like much more fun than the 1 percenter.
Does anyone think they have a strategy that could win 100% of the stake 10 times in a row?

Kingpin


VLSroulette


MXkid77

"Does anyone think they have a strategy that could win 100% of the stake 10 times in a row? "

Would that not be "THE GRAIL"?

bombus

"The Grail"
Not necessarily, you've just got to pull it off 10 times in a row every now and then.
You could lose 100 times before you strike your good form. I guess it's all about having big enough balls to keep going "all in" with your accumulated stake.
At first it might not be so hard, but when the money gets big, and the table limits grab hold, it would then mean a bigger spread of play over a longer period.
I don't think trying to get lucky for a 10-day burst of play is the HG.
Regardless, it still sounds like more fun than the 1 percenter.

Wally Gator

bombus,

I agree, the concept is definitely more exciting.

But, as I said in my original post, the purpose was more deisgned to provide those who want to do this for a living that it takes alot of discipline and patience.  So, if you focused on 1% of Bank per day, after a period of time you would have not only accomplished a financial goal, but also the discipline to work many strategies/systems for lifelong benefit.

Thanks for your post.

Gator

bombus

Granted. There would be a huge prospect to grow in knowledge and disipline. But eventually, either way there will be some big money investments toward the end of the excersize. 1% or 100%, both will need to be very brave at some point.

ikarianman

hello everyone!hey wally gator!how is it going with the idea?i hope good because i just read and think of start with this "system"
cheers :thumbsup:

ikarianman

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