Do you even invest?

Off-topic? You mean on-topic!
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max225 wrote: Fri Feb 26, 2021 2:27 pm
Irish wrote: Fri Feb 26, 2021 2:24 pm

Please explain.
Say lottery ticket is $1 odds of winning are 100,000,000 : 1 . Payout of above $100,000,000 (for the cash payment, inclusive of taxes paid out) meaning the present value of the ticket is more than $1. It only happens once every 5 years or so, lately above $1B
I see.
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D Griff wrote: Fri Feb 26, 2021 12:16 pm
Detroit wrote: Fri Feb 26, 2021 11:22 am
That would cover half my initial investment. Yes, I'm a retard and bought near the high. Whatever, what's done is done, can't cry about it, just need to plan an exit. I bought with the expectation of making money or losing it all, and that's what I'm sticking to. With this volatility, anything is possible. Normal market dynamics do not apply, this is gambling at the casino. The stock literally more than doubled in value in about an hour on Wednesday. What the fuck. Might as well ride the roller coaster at this point.

If it crests $200, I'll be tempted to sell. I'm definitely selling if it hits my breakeven ($300)...but that's longest of long shots. More retarded is if I had bought $1,000 when the price was at $40 on Tuesday, I could have erased my losses now and be sitting well in the green. But no way in hell was I going to throw more money at what I thought was the sinking ship. I'm learning a lot about this shit...mostly that it's not for me. I'm risk averse and hate gambling in general, and I know now that this is the one and only time I get involved with stupid speculation. Good lesson to learn since I'm playing with money that doesn't impact my day to day life one bit.
Yeah man, I am with you. I mean, the market is cool in that I have made a lot of dollas on my mutual funds in retirement, but I have zero interest in the day to day. I make enough money at my job and actually have knowledge/skill at that. I don't need to fuck around with shit that I don't understand and is out of my control.

I actually love gambling when it is a game and low stakes (few hundo at craps in Vegas is a fun weekend for me) but with real money that impacts my life? Not my thing.

I feel like it is getting more and more "in" to play around in the market and I would be willing to bet that my strategy of just leaving it be in funds winds up far more successful than all these dinguses on the internet making huge stonk gainz. You are just the rare breed that is actually willing to admit that you lost your money.

I can confess that I have been to Las Vegas at least 20 times and I've only ever come out ahead on gambling on one of those trips. I've been more than most, and enough to know that all of the people coming home and bragging about all of their winnings just aren't telling you about the fact that they lost even more. I'd venture to throw :waxer: in this category for example. You don't just go make a bunch of money gambling... it's a once in a lifetime kind of occurrence, the house/hedge fund/man always does win.
It's proven statistically that nobody really makes out big in the long run day trading. Not only is a lot of work, but you just can't time things perfect every time with every stock. Plus right now, there's a lot of :wtf: going on with the market that makes it impossible to accurately predict. Same with gambling at the casino. Gotta be honest with yourself, but also understand that all these people on the internet claiming to be making out big has also lost big at some point, in the end it's close to a wash. The internet does a great job of making you believe everything is easy money and everyone around you is winning non stop. People are just too chicken shit to admit when they lost. IDGAF, I truly don't believe that I make mistakes, I just have more learning opportunities from some decisions more than others.

Diving into GME is a perfect example. It forced me to learn a lot about the market, shorting, squeezes, all that BS. I won't be getting into this sort of gambling again, and that's a good lesson to learn early that it's not for me. You only lose when you sell, so who knows...maybe GME will turn around eventually and my stock will be worth something (there's some real possibility here, but it will never reach my entry point on its own organically for the next decade at least). Or maybe there'll be some random event that spikes the price and I'll get out unscathed. I'm playing with money that I can't touch for decades, so who cares, it'll come back,

I haven't invested in any cash yet...but intend to as a hedge against inflation. As a result of this, I've formulated a bit of an investment strategy, which should help me win in the long run. Vast majority of investment cash will go into an Ally invest account where you just set risk tolerance, it's automatically invested in things, and forget about it for years. It turns out that I kind of enjoy researching companies and stocks, so I'll set aside a bit to gamble with on companies I like to see what happens, but the majority of my investments will be in easier to manage/safer (if I chose) investments that should just grow with the market without my involvement. That's where the smart money is IMO.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Irish wrote: Fri Feb 26, 2021 1:21 pm
D Griff wrote: Fri Feb 26, 2021 12:16 pm

Yeah man, I am with you. I mean, the market is cool in that I have made a lot of dollas on my mutual funds in retirement, but I have zero interest in the day to day. I make enough money at my job and actually have knowledge/skill at that. I don't need to fuck around with shit that I don't understand and is out of my control.

I actually love gambling when it is a game and low stakes (few hundo at craps in Vegas is a fun weekend for me) but with real money that impacts my life? Not my thing.

I feel like it is getting more and more "in" to play around in the market and I would be willing to bet that my strategy of just leaving it be in funds winds up far more successful than all these dinguses on the internet making huge stonk gainz. You are just the rare breed that is actually willing to admit that you lost your money.

I can confess that I have been to Las Vegas at least 20 times and I've only ever come out ahead on gambling on one of those trips. I've been more than most, and enough to know that all of the people coming home and bragging about all of their winnings just aren't telling you about the fact that they lost even more. I'd venture to throw :waxer: in this category for example. You don't just go make a bunch of money gambling... it's a once in a lifetime kind of occurrence, the house/hedge fund/man always does win.
:yesth: People in general are lying to us because they are lying to themselves.....

There are "systems" you can use (in Blackjack and Craps especially) that can shave away SOME of the house edge and get the odds close to even (if the systems are implemented properly)... but that edge is still a real thing that will ALWAYS ensure that the house wins over the long haul......

I dabbled in some investing years ago and did okay but it was mostly beginners luck......

I do have $400 (down from $500) sitting in my Ally Investment account (which I dont recommend by the way). I would love to get those dollhairs working for me, but frankly I'd be much better off depositing them in one of the (now legal) online poker sites. I am a decent at no limit hold 'em player and its a game where you are playing against other players rather than the house and skill definately increases your chances of winning (....though luck certainly helps).
Oh wow, why don't you like Ally? I've been a banking customer for years and opened an invest account to take advantage of the self-managed portfolio option. My brick and mortar bank offered the same service, but charges 2% of managed assets for it, which seems like a rip off compared to Ally.

I may just dump a bunch into some broad market ETFs instead...

Real actual gambling just seems like a spiral, but if it's something you enjoy participating in, might as well if you can keep losses in check. I don't view gambling as an opportunity to make money, it's just paying for entertainment. The house ALWAYS wins.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Yea I’ll never claim I won it big because frankly I haven’t. My only goal is to outpace inflation, which I so far have. Rest is gravy.

There is no doubt in my mind the market is wild because of stimmy hitting all these businesses, the . Gov completely :troywax: and sent insane amounts of money into the economy. Rising tide lifted all ships
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D Griff wrote: Fri Feb 26, 2021 12:16 pm
Detroit wrote: Fri Feb 26, 2021 11:22 am
That would cover half my initial investment. Yes, I'm a retard and bought near the high. Whatever, what's done is done, can't cry about it, just need to plan an exit. I bought with the expectation of making money or losing it all, and that's what I'm sticking to. With this volatility, anything is possible. Normal market dynamics do not apply, this is gambling at the casino. The stock literally more than doubled in value in about an hour on Wednesday. What the fuck. Might as well ride the roller coaster at this point.

If it crests $200, I'll be tempted to sell. I'm definitely selling if it hits my breakeven ($300)...but that's longest of long shots. More retarded is if I had bought $1,000 when the price was at $40 on Tuesday, I could have erased my losses now and be sitting well in the green. But no way in hell was I going to throw more money at what I thought was the sinking ship. I'm learning a lot about this shit...mostly that it's not for me. I'm risk averse and hate gambling in general, and I know now that this is the one and only time I get involved with stupid speculation. Good lesson to learn since I'm playing with money that doesn't impact my day to day life one bit.
Yeah man, I am with you. I mean, the market is cool in that I have made a lot of dollas on my mutual funds in retirement, but I have zero interest in the day to day. I make enough money at my job and actually have knowledge/skill at that. I don't need to fuck around with shit that I don't understand and is out of my control.

I actually love gambling when it is a game and low stakes (few hundo at craps in Vegas is a fun weekend for me) but with real money that impacts my life? Not my thing.

I feel like it is getting more and more "in" to play around in the market and I would be willing to bet that my strategy of just leaving it be in funds winds up far more successful than all these dinguses on the internet making huge stonk gainz. You are just the rare breed that is actually willing to admit that you lost your money.

I can confess that I have been to Las Vegas at least 20 times and I've only ever come out ahead on gambling on one of those trips. I've been more than most, and enough to know that all of the people coming home and bragging about all of their winnings just aren't telling you about the fact that they lost even more. I'd venture to throw :waxer: in this category for example. You don't just go make a bunch of money gambling... it's a once in a lifetime kind of occurrence, the house/hedge fund/man always does win.
I couldn't agree more with the bolded. Truth bomb bullseye right here folks.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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Detroit wrote: Fri Feb 26, 2021 3:16 pm
Irish wrote: Fri Feb 26, 2021 1:21 pm

:yesth: People in general are lying to us because they are lying to themselves.....

There are "systems" you can use (in Blackjack and Craps especially) that can shave away SOME of the house edge and get the odds close to even (if the systems are implemented properly)... but that edge is still a real thing that will ALWAYS ensure that the house wins over the long haul......

I dabbled in some investing years ago and did okay but it was mostly beginners luck......

I do have $400 (down from $500) sitting in my Ally Investment account (which I don't recommend by the way). I would love to get those dollhairs working for me, but frankly I'd be much better off depositing them in one of the (now legal) online poker sites. I am a decent at no limit hold 'em player and its a game where you are playing against other players rather than the house and skill definitely increases your chances of winning (....though luck certainly helps).
Oh wow, why don't you like Ally? I've been a banking customer for years and opened an invest account to take advantage of the self-managed portfolio option. My brick and mortar bank offered the same service, but charges 2% of managed assets for it, which seems like a rip off compared to Ally.

I may just dump a bunch into some broad market ETFs instead...

Real actual gambling just seems like a spiral, but if it's something you enjoy participating in, might as well if you can keep losses in check. I don't view gambling as an opportunity to make money, it's just paying for entertainment. The house ALWAYS wins.
I'm not happy with Ally because the interface is somewhat borked, it is not a transparent as I would like and there was NO communication when it sold my position in the stock that I had.

I am not even 100% sure that I had a sell order in TBH.

After the fact I cant seem to find any record that:

a) I requested a sell threshold
b) what that threshold was (I mean obvs it was 20% but I would like to see something that says that formally)
c) When exactly it occurred.

I mean I know I bear some responsibility for not having a better handle on things, but there should still be a finite record of everything and it should be easily accessible.
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Detroit wrote: Fri Feb 26, 2021 3:13 pm
D Griff wrote: Fri Feb 26, 2021 12:16 pm

Yeah man, I am with you. I mean, the market is cool in that I have made a lot of dollas on my mutual funds in retirement, but I have zero interest in the day to day. I make enough money at my job and actually have knowledge/skill at that. I don't need to fuck around with shit that I don't understand and is out of my control.

I actually love gambling when it is a game and low stakes (few hundo at craps in Vegas is a fun weekend for me) but with real money that impacts my life? Not my thing.

I feel like it is getting more and more "in" to play around in the market and I would be willing to bet that my strategy of just leaving it be in funds winds up far more successful than all these dinguses on the internet making huge stonk gainz. You are just the rare breed that is actually willing to admit that you lost your money.

I can confess that I have been to Las Vegas at least 20 times and I've only ever come out ahead on gambling on one of those trips. I've been more than most, and enough to know that all of the people coming home and bragging about all of their winnings just aren't telling you about the fact that they lost even more. I'd venture to throw :waxer: in this category for example. You don't just go make a bunch of money gambling... it's a once in a lifetime kind of occurrence, the house/hedge fund/man always does win.
It's proven statistically that nobody really makes out big in the long run day trading. Not only is a lot of work, but you just can't time things perfect every time with every stock. Plus right now, there's a lot of :wtf: going on with the market that makes it impossible to accurately predict. Same with gambling at the casino. Gotta be honest with yourself, but also understand that all these people on the internet claiming to be making out big has also lost big at some point, in the end it's close to a wash. The internet does a great job of making you believe everything is easy money and everyone around you is winning non stop. People are just too chicken shit to admit when they lost. IDGAF, I truly don't believe that I make mistakes, I just have more learning opportunities from some decisions more than others.

Diving into GME is a perfect example. It forced me to learn a lot about the market, shorting, squeezes, all that BS. I won't be getting into this sort of gambling again, and that's a good lesson to learn early that it's not for me. You only lose when you sell, so who knows...maybe GME will turn around eventually and my stock will be worth something (there's some real possibility here, but it will never reach my entry point on its own organically for the next decade at least). Or maybe there'll be some random event that spikes the price and I'll get out unscathed. I'm playing with money that I can't touch for decades, so who cares, it'll come back,

I haven't invested in any cash yet...but intend to as a hedge against inflation. As a result of this, I've formulated a bit of an investment strategy, which should help me win in the long run. Vast majority of investment cash will go into an Ally invest account where you just set risk tolerance, it's automatically invested in things, and forget about it for years. It turns out that I kind of enjoy researching companies and stocks, so I'll set aside a bit to gamble with on companies I like to see what happens, but the majority of my investments will be in easier to manage/safer (if I chose) investments that should just grow with the market without my involvement. That's where the smart money is IMO.
Yeah you were very honest with yourself and all of us from the get go. I am similar in that I am generally hesitant to learn new things if I'm not invested in some way (under pressure at work, want to DIY to get something done with my car/bike/house or to save money), so sometimes I have to dive in to really "get it". I sometimes wish I was someone that could spend hours and hours and hours researching preemptively, but I'm just not inherently that way.
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Huckleberry wrote: Fri Feb 26, 2021 1:49 pm I once turned $10 into $.50 and then into $30 at the casino. What a rollercoaster of a night.
:amaze:
I once turned a quarter into $20 at a slot machine at the Vegas airport. :waxer:

I think I also once turned $60 into $200 at the craps table on a cruise.

But overall, I lose. :eeyore:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Fri Feb 26, 2021 4:51 pm
Huckleberry wrote: Fri Feb 26, 2021 1:49 pm I once turned $10 into $.50 and then into $30 at the casino. What a rollercoaster of a night.
:amaze:
I once turned a quarter into $20 at a slot machine at the Vegas airport. :waxer:

I think I also once turned $60 into $200 at the craps table on a cruise.

But overall, I lose. :eeyore:
You can make serious Money when the roller goes on a an extended run at the craps tables that offer "odds" (multiples if your original bets) ..... this is because these tables offer the ability to back up your bets with amounts that pay off the "true odds" of the various numbers being rolled rather than the "adjusted odds" that lean in the house's favor...

BUT

You can lose a LOT quickly when the dice go cold..... because, with the odds bets, you can have a lot of money on the table at any given time.

The key is to go into it with an amount you are comfortable with losing for a given session and walk away as soon as you spend that..... I always tried to allot enough to have three losing sessions in a visit

Back in the late nineties when My Mom was fighting cancer my brother and I would take her to Atlantic City so she could pay slots). We went 7 times over the course of 6 months or so and I came out ahead 5/7 times and would say that I am ahead a few grand on craps for my lifetime. (including the handfull of times I've played elsewhere). But I gave at least that much back on blackjack slots and roulette.

When you play with the system I use and the dice get hot its :jimp: and it's especially :amaze: :fatty: :drunk: :gonbgud: :fuckyeah: :excited: if you're the shooter..... You make :waxer: :troywax:
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Irish wrote: Fri Feb 26, 2021 5:16 pm
wap wrote: Fri Feb 26, 2021 4:51 pm

:amaze:
I once turned a quarter into $20 at a slot machine at the Vegas airport. :waxer:

I think I also once turned $60 into $200 at the craps table on a cruise.

But overall, I lose. :eeyore:
You can make serious Money when the roller goes on a an extended run at the craps tables that offer "odds" (multiples if your original bets) ..... this is because these tables offer the ability to back up your bets with amounts that pay off the "true odds" of the various numbers being rolled rather than the "adjusted odds" that lean in the house's favor...

BUT

You can lose a LOT quickly when the dice go cold..... because, with the odds bets, you can have a lot of money on the table at any given time.

The key is to go into it with an amount you are comfortable with losing for a given session and walk away as soon as you spend that..... I always tried to allot enough to have three losing sessions in a visit

Back in the late nineties when My Mom was fighting cancer my brother and I would take her to Atlantic City so she could pay slots). We went 7 times over the course of 6 months or so and I came out ahead 5/7 times and would say that I am ahead a few grand on craps for my lifetime. (including the handfull of times I've played elsewhere). But I gave at least that much back on blackjack slots and roulette.

When you play with the system I use and the dice get hot its :jimp: and it's especially :amaze: :fatty: :drunk: :gonbgud: :fuckyeah: :excited: if you're the shooter..... You make :waxer: :troywax:
Yes! A hot shooter is :fuckyeah: fun. I also play the true odds, though I can never remember which bets get what odds so I have to watch other people to see what they do to remind myself. I rarely play, like once every few years, so it takes me a little while to relearn those bits. The most fun thing is the camaraderie around the table. No one is playing against anyone else, you all root for the shooter and if they're hot, everybody wins. It can be electric with the right crowd.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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Irish wrote: Fri Feb 26, 2021 5:16 pm
wap wrote: Fri Feb 26, 2021 4:51 pm

:amaze:
I once turned a quarter into $20 at a slot machine at the Vegas airport. :waxer:

I think I also once turned $60 into $200 at the craps table on a cruise.

But overall, I lose. :eeyore:
You can make serious Money when the roller goes on a an extended run at the craps tables that offer "odds" (multiples if your original bets) ..... this is because these tables offer the ability to back up your bets with amounts that pay off the "true odds" of the various numbers being rolled rather than the "adjusted odds" that lean in the house's favor...

BUT

You can lose a LOT quickly when the dice go cold..... because, with the odds bets, you can have a lot of money on the table at any given time.

The key is to go into it with an amount you are comfortable with losing for a given session and walk away as soon as you spend that..... I always tried to allot enough to have three losing sessions in a visit

Back in the late nineties when My Mom was fighting cancer my brother and I would take her to Atlantic City so she could pay slots). We went 7 times over the course of 6 months or so and I came out ahead 5/7 times and would say that I am ahead a few grand on craps for my lifetime. (including the handfull of times I've played elsewhere). But I gave at least that much back on blackjack slots and roulette.

When you play with the system I use and the dice get hot its :jimp: and it's especially :amaze: :fatty: :drunk: :gonbgud: :fuckyeah: :excited: if you're the shooter..... You make :waxer: :troywax:
I employ a similar strategy (I love playing craps in LVNV). I am definitely down a few Gs over the years on many visits :doe:

That :mahtroy: luck ( :ppouroneout: ).
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wap wrote: Fri Feb 26, 2021 5:28 pm
Irish wrote: Fri Feb 26, 2021 5:16 pm

You can make serious Money when the roller goes on a an extended run at the craps tables that offer "odds" (multiples if your original bets) ..... this is because these tables offer the ability to back up your bets with amounts that pay off the "true odds" of the various numbers being rolled rather than the "adjusted odds" that lean in the house's favor...

BUT

You can lose a LOT quickly when the dice go cold..... because, with the odds bets, you can have a lot of money on the table at any given time.

The key is to go into it with an amount you are comfortable with losing for a given session and walk away as soon as you spend that..... I always tried to allot enough to have three losing sessions in a visit

Back in the late nineties when My Mom was fighting cancer my brother and I would take her to Atlantic City so she could pay slots). We went 7 times over the course of 6 months or so and I came out ahead 5/7 times and would say that I am ahead a few grand on craps for my lifetime. (including the handfull of times I've played elsewhere). But I gave at least that much back on blackjack slots and roulette.

When you play with the system I use and the dice get hot its :jimp: and it's especially :amaze: :fatty: :drunk: :gonbgud: :fuckyeah: :excited: if you're the shooter..... You make :waxer: :troywax:
Yes! A hot shooter is :fuckyeah: fun. I also play the true odds, though I can never remember which bets get what odds so I have to watch other people to see what they do to remind myself. I rarely play, like once every few years, so it takes me a little while to relearn those bits. The most fun thing is the camaraderie around the table. No one is playing against anyone else, you all root for the shooter and if they're hot, everybody wins. It can be electric with the right crowd.
Yeah, there is a reason the craps tables are the rowdiest area of the casino.... its magical when there are extended runs....
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Never played craps. I usually lose all my gambling money (small amounts) within 30 minutes at a blackjack table and that's it. I just don't enjoy gamlbing.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Mon Mar 01, 2021 11:18 am Never played craps. I usually lose all my gambling money (small amounts) within 30 minutes at a blackjack table and that's it. I just don't enjoy gamlbing.
Same ... I always watch my friend do it and I suppose get the kick out of this way. I have never seen him win in the end... and I have seen him loose 5 figures I think in the process. Watch him gamble in Reno, cruise ship, Vegas etc ... kind of :mindblown: but I’m just cucking next to him and get free drinks
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max225 wrote: Mon Mar 01, 2021 3:20 pm
Detroit wrote: Mon Mar 01, 2021 11:18 am Never played craps. I usually lose all my gambling money (small amounts) within 30 minutes at a blackjack table and that's it. I just don't enjoy gamlbing.
Same ... I always watch my friend do it and I suppose get the kick out of this way. I have never seen him win in the end... and I have seen him loose 5 figures I think in the process. Watch him gamble in Reno, cruise ship, Vegas etc ... kind of :mindblown: but I’m just cucking next to him and get free drinks
This is the way.

Nobody wins gambling in the long run.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Yep no matter what the stories are ... in the end there is glitzy town on the surface on mars with 68F ac inside/some of the hottest women and flowing water in the desert with fountains and shit.

I’m not naive to think that it happened because a bunch of people “win” at casinos
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max225 wrote: Mon Mar 01, 2021 3:20 pm
Detroit wrote: Mon Mar 01, 2021 11:18 am Never played craps. I usually lose all my gambling money (small amounts) within 30 minutes at a blackjack table and that's it. I just don't enjoy gamlbing.
Same ... I always watch my friend do it and I suppose get the kick out of this way. I have never seen him win in the end... and I have seen him loose 5 figures I think in the process. Watch him gamble in Reno, cruise ship, Vegas etc ... kind of :mindblown: but I’m just cucking next to him and get free drinks
Def need a system to slant the odds back away from a significant house advantage.

In Craps the "real" odds back up bets that no one tells you about is the way.

In Blackjack its memorizing the probability tables.... so you know when to Hit, Stand or double down
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Irish wrote: Mon Mar 01, 2021 3:33 pm
max225 wrote: Mon Mar 01, 2021 3:20 pm

Same ... I always watch my friend do it and I suppose get the kick out of this way. I have never seen him win in the end... and I have seen him loose 5 figures I think in the process. Watch him gamble in Reno, cruise ship, Vegas etc ... kind of :mindblown: but I’m just cucking next to him and get free drinks
Def need a system to slant the odds back away from a significant house advantage.

In Craps the "real" odds back up bets that no one tells you about is the way.

In Blackjack its memorizing the probability tables.... so you know when to Hit, Stand or double down
:dat:
We learned the bolded from a book. Makes it the least house-advantaged bet in the whole casino, iirc.
But ultimately still house-advantaged, :doe:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 5:23 pm
Irish wrote: Mon Mar 01, 2021 3:33 pm

Def need a system to slant the odds back away from a significant house advantage.

In Craps the "real" odds back up bets that no one tells you about is the way.

In Blackjack its memorizing the probability tables.... so you know when to Hit, Stand or double down
:dat:
We learned the bolded from a book. Makes it the least house-advantaged bet in the whole casino, iirc.
But ultimately still house-advantaged, :doe:
:yesth: short of talented card counting in BJ I think you are correct sir......
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Isn't card counting in BJ or poker frowned upon by the House? Though, how they can tell is beyond me.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 5:52 pm Isn't card counting in BJ or poker frowned upon by the House? Though, how they can tell is beyond me.
Oh yes.... in old Vegas they'd bust your kneecaps .... Today they'd likely just warn you first then ban you......



this bands been my guilty pleasure been following them for years...... the dude went on to found Patreon .....
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:notbad:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 6:01 pm:notbad:
You'll 'remember this one from your tour of duty during the Korean War

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:wub:
Memories...
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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yayyy my xrp finally went out of the red!
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