Bob
Explain "knowing when to quit".
Ralph
[Non-text portions of this message have been removed]
Isn't it just one long game?
[Non-text portions of this message have been removed]
You can either factor luck into your decision to continue to play or
not.If it is just one continuous game whether you are up or down it
really does not matter when you quit.You will still have the same
skill when you return next time.
···
--- In vpFREE@yahoogroups.com, BANDSTAND54@A... wrote:
Bob
Explain "knowing when to quit".
Ralph
BANDSTAND54@AOL.COM wrote:
Bob
Explain "knowing when to quit".
Ralph
Have you ever hit a jackpot, made a reasonable profit, then put it all back in the machine and walked away a loser for that session? If you answer no to that question, you are someone who either lies or someone what doesn't gamble at all. We have all done it at one time or another, some more than others, and if you observe other gamblers, you see it done all the time.
The trick is knowing when to quit. You will not always be right, but it is a lot better than walking away a loser almost every time. This all comes with experience and the will power to leave the machine, which a lot of people don't have.
For example: Lets say I am playing $1 TP DB. I have $800 invested in it. I have 385 credits on the machine when I am dealt 4-aces. After I am paid and get my W2G, I will play off the 85 credits to see if something else might come up, but if it doesn't, I will quit and cash out my $300 for a tidy profit of $1,900. I will take a long break, change machines, get something to eat, or quit for the day depending on my mood and schedule. No way is that particular machine going to get any more money from me that day. The next person to sit down at that machine might very well hit a royal within a few hands, and then again they might pump in hundreds of dollars without hitting anything. I like to gamble, but when I win, I want it in my wallet. And if you believe that it is the casino's money you are playing with at that point, you have a bigger problem than I can help you with here.
Now I know that the math purists and "experts" out there will pooh pooh this and say they know everything there is to ever know about playing VP and say that it does not matter what machine I play and that it is only the long term that matters but I have two problems with this. First, all sessions are short term. This is reality. Second, I believe it is the long term of the machine and not that of the player. This has been discussed on this forum before, with those with the loudest voice believing they won the argument.
It all comes down to the experience of a good gambler, knowing and using expert play, luck, and the will power to quit when not too far behind or after showing a profit. I have been playing VP since 1980 and today I do very well, but this was not always true years ago when I just knew the machine was going to hit just one more four of a kind.
Every player must find their own comfort level when gambling. Don't use someone else's, it just won't work. I have found mine and am very happy with it.
Bob
···
But before you do, call James Randi and collect your million
dollars for proving psychic powers are real.
gj
I still can't see where you are quitting. You are taking a break then switching machines.
I can't fault that, and then you go back to playing, I can't fault that either.
I can't see where you are quitting ?
If you come into Vegas for a 1 week vacation and Hit a Royal in your first 15 minutes, what are your actions for the rest of the week ?
Regards
A.P.
···
----- Original Message -----
From: Bob Sommer - Top of the World Coins
To: vpFREE@yahoogroups.com
Sent: Tuesday, July 15, 2003 11:48 PM
Subject: Re: [vpFREE] Isn't it just one long game?
Have you ever hit a jackpot, made a reasonable profit, then put it all
back in the machine and walked away a loser for that session? If you
answer no to that question, you are someone who either lies or someone
what doesn't gamble at all. We have all done it at one time or another,
some more than others, and if you observe other gamblers, you see it
done all the time.
The trick is knowing when to quit. You will not always be right, but it
is a lot better than walking away a loser almost every time. This all
comes with experience and the will power to leave the machine, which a
lot of people don't have.
For example: Lets say I am playing $1 TP DB. I have $800 invested in
it. I have 385 credits on the machine when I am dealt 4-aces. After I
am paid and get my W2G, I will play off the 85 credits to see if
something else might come up, but if it doesn't, I will quit and cash
out my $300 for a tidy profit of $1,900. I will take a long break,
change machines, get something to eat, or quit for the day depending on
my mood and schedule. No way is that particular machine going to get
any more money from me that day. The next person to sit down at that
machine might very well hit a royal within a few hands, and then again
they might pump in hundreds of dollars without hitting anything. I like
to gamble, but when I win, I want it in my wallet. And if you believe
that it is the casino's money you are playing with at that point, you
have a bigger problem than I can help you with here.
Now I know that the math purists and "experts" out there will pooh pooh
this and say they know everything there is to ever know about playing VP
and say that it does not matter what machine I play and that it is only
the long term that matters but I have two problems with this. First,
all sessions are short term. This is reality. Second, I believe it is
the long term of the machine and not that of the player. This has been
discussed on this forum before, with those with the loudest voice
believing they won the argument.
It all comes down to the experience of a good gambler, knowing and using
expert play, luck, and the will power to quit when not too far behind or
after showing a profit. I have been playing VP since 1980 and today I
do very well, but this was not always true years ago when I just knew
the machine was going to hit just one more four of a kind.
Every player must find their own comfort level when gambling. Don't use
someone else's, it just won't work. I have found mine and am very happy
with it.
Bob
>
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[Non-text portions of this message have been removed]
Albert Pearson wrote:
I still can't see where you are quitting. You are taking a break then switching machines.
I can't fault that, and then you go back to playing, I can't fault that either.
I can't see where you are quitting ?
If you come into Vegas for a 1 week vacation and Hit a Royal in your first 15 minutes, what are your actions for the rest of the week ?
I never said that on a one week vacation I would quit completely, I just said I would take a break of some kind. I will quit a session when I have reached or exceeded a particular goal I have set for that session. The next time I play might be 10 minutes later or the next day. I will also quit or change machines for the same reason and parameters if losing. Each session is short term. There is no long term, except for the machine, as far as I am concerned. It works for me and many others I know. The last paragraph of my previous post says it all.
Bob
Well I can't argue, it just comes across differently to me and some others.
If you want to play and take a break and switch machines or whatever, I certainly don't see any problem with it, I basically do the same thing. I just don't call it quitting, I call it switching machines or taking a break.
Even the greatest proponents of randomness and non switching , generally agree, that taking a break and switching machines (as long as you aren't switching to a machine with an inferior paytable), is not a bad thing to do.
Whether the long term is the machine or the player is irrelevant in my opinion, because the result I believe will be the same.
Is this quitting when you are ahead ?
I don't believe so, to me quitting means you don't play any more. I did this with Keno, I once won $1000 on Keno and haven't played in years, that is quitting when you are ahead.
Anything else is just taking a break in a long run, and is a good and proper thing to do.
I'm glad that you have been more specific in your answer, now the only further discussion would be on semantics, not on VP .
Regards
A.P.
···
----- Original Message -----
From: Bob Sommer - Top of the World Coins
To: vpFREE@yahoogroups.com
Sent: Wednesday, July 16, 2003 12:18 AM
Subject: Re: [vpFREE] Isn't it just one long game?
I never said that on a one week vacation I would quit completely, I just
said I would take a break of some kind. I will quit a session when I
have reached or exceeded a particular goal I have set for that session.
The next time I play might be 10 minutes later or the next day. I will
also quit or change machines for the same reason and parameters if
losing. Each session is short term. There is no long term, except for
the machine, as far as I am concerned. It works for me and many others
I know. The last paragraph of my previous post says it all.
Bob
[Non-text portions of this message have been removed]
Bob Sommer wrote:
The trick is knowing when to quit. You will not always be right,
but it is a lot better than walking away a loser almost every
time.
Whether it's "better" is a matter of personal preference. Many people
would be happy to walk away a loser almost every time, as long those
rare times that they walked away a winner were for big enough wins to
outbalance the frequent losses.
If one values the frequency of winning sessions (i.e., if one wants
to minimize the frequency "walking away a loser"), then strategies
about when to walk away are relevent. If one values the overall
monetary return of video poker play, then such strategies are
irrelevent.
Stuart
sresnick2@comcast.net
http://home.comcast.net/~sresnick2/mypage.htm
Stuart wrote:
If one values the frequency of winning sessions (i.e., if one wants
to minimize the frequency "walking away a loser"), then strategies
about when to walk away are relevent. If one values the overall
monetary return of video poker play, then such strategies are
irrelevent.Stuart
I agree with this, but I only consider cashback in monetary returns. I do not consider comps. How many buffets can a person eat? Most are not worth it anyway. My ego does not require me to wear a jacket or T-shirt with a casino logo on it and let everyone think I'm a local or professional gambler. I know some people have more than one hotel they are checked into on a given day. To me this is a waste of time and energy, and trying to remember which hotel my luggage is in. At the level I play at, I would rather be as anonymous as I can except to my host. I have not paid for anything for years (except laundry and telephone long distance), as the host always picks up everything, win or lose. If I want something, I just ask for it and it appears. But I am not greedy. The people working slot booths may not be the brightest bulbs in the casino, but the analysts that watch such things are. Contrary to some popular opinions, upper management are generally not stupid and they can track and see who is milking the system for everything they can. I have a friend that gets everything he can from comps at the slot booth and then complains that the host won't give him much more than minimum. Want to bet there is a notation from the slot club in his computer file that the host brings up?
I'm doing just fine, thank you. As I have said, everyone must play and do whatever makes them comfortable and everyone is different in this respect to some degree. The slot club will only see me once during a stay, when I check out, for cashback. Other than that they will never see me. It works for me.
Bob
Bob
Best answer I've seen yet.
···
----- Original Message -----
From: "Stuart" <sresnick2@comcast.net>
To: <vpFREE@yahoogroups.com>
Sent: Wednesday, July 16, 2003 1:02 PM
Subject: [vpFREE] Re: Isn't it just one long game?
Bob Sommer wrote:
> The trick is knowing when to quit. You will not always be right,
> but it is a lot better than walking away a loser almost every
> time.Whether it's "better" is a matter of personal preference. Many people
would be happy to walk away a loser almost every time, as long those
rare times that they walked away a winner were for big enough wins to
outbalance the frequent losses.If one values the frequency of winning sessions (i.e., if one wants
to minimize the frequency "walking away a loser"), then strategies
about when to walk away are relevent. If one values the overall
monetary return of video poker play, then such strategies are
irrelevent.Stuart
sresnick2@comcast.net
http://home.comcast.net/~sresnick2/mypage.htm
bring enuf $, play as best i can, and hope for luck
Downtown in Aug
M J Perry
···
--- In vpFREE@yahoogroups.com, gj bart <bronco@e...> wrote:
On Tue, 15 Jul 2003 BANDSTAND54@A... wrote:
> Bob
>
> Explain "knowing when to quit".
>
> Ralph
>
>
I recomend 3 hrs before plane leaves,