True casino happenings from today -with moralities

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I was visiting at a friend's home today. That was a social visit, but the mate told  us to goto the casino. We went to local casino, me and two friends.

I just asked the friend for pen & paper (this is a must) and there we go!

We bought-in like this:

Marcus – 500 units.
Joseph – 200 units.
Me – 200 units.

Joseph & Markus were playing outside bets. Red/Black, Low/High, Even/Odd.

Joseph was at a point at 600+. He was betting Black + High combination, which when he entered was going very good. The mate was shortly after wiped when a heavy streak of Red + Low came. (Morality: Betting the same locations fixed for the session isn't advisable). He didn't played too long.

Marcus... Oh marcus!

Like mentioned, he started with 500 as bank. He is an "all or nothing" type of guy. By betting bravely and darely he made it to 1600+! The star of the night at that point. Bragging on how good he was at playing this game, his game phylosphy:
-      You have to bet heavy to win heavy.
-      You have to take the risks. No risk, no glory.
-      You can't come to the casino to make peanuts. Better to stay at home instead.
-      He said: "Ganar o Gastar". Literally: "To win or to spend". Explaining the casino is either winning money or spending in entertainment.

The morality was this: Every conscious player  knows that in the percentages game, to double the bankroll is a feat, that is 100% return, and then when he TRIPLED the bank I said: Stop playing. Let's cashout. You already made a very good game by tripling it. He said to me: "Quedese quieto compañero" which could translate like the "Take it easy my friend" idiom.

That was his session peak. From there his bank was steadily dimishing. It fluctuated up and down, but never reached previous 1600+ balance-high. Then he rose bets in a desperate trial to get past that and he lost more quickly. At a point he was near 1000, which was still double the initial buy-in. I told him to stop betting. Doubling the bank is still quite nice. 100% return can't be bad.

He said: "No te preocupes, ahorita subo esto" => "Don't worry, I'm about to rise this again".

I just forgot of him and focused in my game, since there were instances when it was a bit fluctuating, and the flow demanded my complete attention, specially at times when I was considering two eligible numerical events to back-up and had to pick one to ride.

The beforelast bet from Marcus' buy-in was a huge bet on "high" (19-36) and a "low" (#2) came. He had only 30 units left!. Which didn't took long to evaporate, since that was the amount of his last bet, which lost and "zeroed" him.

At that time I was finishing my game happy with a 300-unit total, which considering the 200-unit buy-in netted me 50% return.

What was I playing today? I was flat-betting using 12-number groups. Given the limited bank, I considered flat-betting the best option. At a time I was 370+, in the "fluctuating game". That is. another morality: When flat betting, the name of the game is fluctuation, and it only gets beaten by conduct.

As you rise, you have to work with "floors". When I reached the 350, I was already thinking, I'll withdraw 300 shall it go down. When I was almost at 380, I said to myself. Shall I double, I won't continue. 100% Return is magnific! But that was my peak and it went down. And from there no matter what, I was missing the bets. Made the traditional "re-evaluating" pauses and when trying to ride some event, it didn't happen. Fine. I did hit some winning bets along, but didn't beat the odds, and since there was no progression used, the balance lowered and when it reached 316 or so, made the 12-number bet and placed some units at hot numbers to make the bank cut at exactly 300 (hehe, no dealer gets a chip from me). Lost the bet and walked away a winner, losing but winning, sounds bittersweet, doesn't it? I left with a beatiful 50% return, sweet one by all means.

I really didn't want to stay because when it goes clearly down flat betting, it usually continue going down. To cut the session still being in profit when losses are coming and leave the table a winner is a precious and valuable habit.

So I stopped the session, got my money in cash and went to accompany joseph who was hanging around the slots aisles.

On his part, Marcus wanted to get even from the defeat, and bought-in this time for 1000 units. I did leave him alone and only passed by at times.

Since I had already finished, I really didn't want to know how the game was doing. For me the session ends and that's it. No more roulette till the next session, but I couldn't make the discourtesy of leaving them. Marcus was 1200+ but he just couldn't make up for the -500 while I was there.

Later on he went to us, pissed-off, saying he lost the whole lot and yes; at a point he broke even (meaning 1500 units), but claimed shall he had left, then the whole casino trip would have been in vain, breaking even is not winning and he came to leave the casino a winner. But the truth is in his obsession for leaving a winner, HE LOST IT ALL. What an irony..

Morality: Breaking even after taking a bad beat is a win for the saavy player, for you don't have to recover no units, then the average isn't touched.

When being at the casino, better to lose time than money whenever possible.


From my trip today with these two friends, I refhesed several "common errors made by the wheel". Those errors do cost money, this is why I'm preparing a post on them. Better to learn them here at the forum, than at expenses of the wallet at the casino.

For today I leave you the best morality of them all: [highlight]At serious gambling, in our conduct lies the key[/highlight].

Regards,
Victor

[roger]

Your friend Marcus is right on 2 things:

-      You have to bet heavy to win heavy.
         -      You have to take the risks. No risk, no glory.

But than he makes the classical mistake of not stepping away from the table, I've been the once or twice and i know how hard it is sometimes to step away, but this story learns why not to.
 

[roger]

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