I still dont get the vehemence of hostility toward Rob Singer. It seems that I need to state that Im not Rob Singer and not his sock puppet. O.K., Im not Rob. I just dont understand why he is usually singled-out for ridicule. His theories dont seem too far-fetched.
I read his first book and from what Ive read there and on his site, his advice is:
- Plan your play and work your plan.
- Never play short; have an adequate bankroll proportional to the amount of action you want.
- Set win goals and loss limits. (Singers suggested win goal is <15% of playable bankroll.)
- Quit while youre ahead.
Is this arguable? These same points were made by John Patrick over twenty years ago and invoked by most every writer on gambling since then without a peep from detractors.
My response here was triggered when a prior post linked to Harry Porters discussion of tournament play. One of the things he said that stuck with me was that variance is the tournament player's ally. Ill suggest that an overwhelming number of VP players are always going to be in tournament play. For us, perfect play is an abstraction, unlikely to be obtained in live play, sims success notwithstanding.
All of the paytables Ive seen require us to hit a RF to achieve an EV of 100% or greater. I read the digests and numerous players have remarked that they didnt get a royal for years. Im not a math guy, but to me, having less than 100% return paytables means that even perfect play will fall short over time. Experts may screw up fewer times than I do, but theyll still need volatility to win.
If you accept that over the number of hands that we are likely to play in our lifetime, variance, luck if you will, is necessary to win, whats the problem with Singer?
He switches games to change volatility and his up-on-loss progressions are similar to many progression/regression systems used in a surfeit of casino games. The plateau of denominations seems to work because the payoff ratios, e.g., 125, 4000, are very high when compared to other casino games.
I dont want this to turn into an I hate Rob thread as Im looking for enlightenment, but the fact that hes wrong is taken as a fait accompli, and I think thats unwarranted.
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