Question for Walter
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I have read your book, and find it quite interesing, as I an a computer programmer myself, I am actually working on a simulation program similar to the one you described. My question is one that I am not sure you have addressed in your progression system.
:?: I was wondering when you lose a hand (or any number of hands before 4) and then you end up pushing the next hand, do the number of quit points remain in tact, for example, if I have lost 2 hands already, and then I push... should it still be counted as me losing two hands, or does that reset it to losing zero?
My educated guess (and how I've been playing this progression) is that you keep the quit points as they are, however I would just like to confirm this. Thanks. -
Jeff: A push is a "non hand".
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I got ya... thank you. That was what I was thinking but just wanted to double check.
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I also believe in the progression system, it has been working well for me so far. I'am curious as to your win % with your system. Do you keep a record of it? Also, any thoughts on proper bankroll size and money management. For example I sit at a table with 40 units and will quit after I win 20 units. Maybe thats why my win % is high. Thanks for your input, looking forward to reading your book.
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J C said:I also believe in the progression system, it has been working well for me so far. I'am curious as to your win % with your system. Do you keep a record of it? Also, any thoughts on proper bankroll size and money management. For example I sit at a table with 40 units and will quit after I win 20 units. Maybe thats why my win % is high. Thanks for your input, looking forward to reading your book.
I know your question is posed to Walter, but I wanted to comment on your second last sentence. You can have a great win percentage if you leave after you're just up a moderate amount, but a win limit of 50% of your buy-in isn't always easily attained so I don't think you're skewing your win-loss record by doing that. (If you always left after just getting up 25%, then yes, I'd say you would be.) I use the same rule, but keep playing if I overshoot the win limit, with a rule of "don't touch anything in that 150% pile". To illustrate: on a buy in of $200, if I have $340 in front of me, I'll keep playing, but only with that last $40. -
Desert Dog said:[quote=J C]I also believe in the progression system, it has been working well for me so far. I'am curious as to your win % with your system. Do you keep a record of it? Also, any thoughts on proper bankroll size and money management. For example I sit at a table with 40 units and will quit after I win 20 units. Maybe thats why my win % is high. Thanks for your input, looking forward to reading your book.
I know your question is posed to Walter, but I wanted to comment on your second last sentence. You can have a great win percentage if you leave after you're just up a moderate amount, but a win limit of 50% of your buy-in isn't always easily attained so I don't think you're skewing your win-loss record by doing that. (If you always left after just getting up 25%, then yes, I'd say you would be.) I use the same rule, but keep playing if I overshoot the win limit, with a rule of "don't touch anything in that 150% pile". To illustrate: on a buy in of $200, if I have $340 in front of me, I'll keep playing, but only with that last $40.[/quote]
That's easy to do at local casinos, but how do you manage that in LV or AC (when you're there for 2 or more days?). -
Buffarino said:[quote=Desert Dog]
I know your question is posed to Walter, but I wanted to comment on your second last sentence. You can have a great win percentage if you leave after you're just up a moderate amount, but a win limit of 50% of your buy-in isn't always easily attained so I don't think you're skewing your win-loss record by doing that. (If you always left after just getting up 25%, then yes, I'd say you would be.) I use the same rule, but keep playing if I overshoot the win limit, with a rule of "don't touch anything in that 150% pile". To illustrate: on a buy in of $200, if I have $340 in front of me, I'll keep playing, but only with that last $40.
That's easy to do at local casinos, but how do you manage that in LV or AC (when you're there for 2 or more days?).[/quote]
The ground rules have to be a little different on a trip like that. From what I've read of your other posts, I'd say set your loss limit at $350 to $400 per day and your daily win limit at not less than $200 and not more than $300, or stop when it's time to go to dinner or a show or whatever. Also suggest you don't play more than six hours in a 24 hour period, and break that up into segments. There's other stuff to do. If you hit either your daily win or loss limit in say just two hours, then that's it, you are done playing for the day. Period.
Make sure you get your comp card and always give it to the dealer when you buy in. As for shows: one of the best priced shows is Second City (at Flamingo) for only $35 per person. I think Cirque de Soleil is overpriced, but have to admit it's an awesome show. -
Desert Dog said:[quote=Buffarino][quote=Desert Dog]
I know your question is posed to Walter, but I wanted to comment on your second last sentence. You can have a great win percentage if you leave after you're just up a moderate amount, but a win limit of 50% of your buy-in isn't always easily attained so I don't think you're skewing your win-loss record by doing that. (If you always left after just getting up 25%, then yes, I'd say you would be.) I use the same rule, but keep playing if I overshoot the win limit, with a rule of "don't touch anything in that 150% pile". To illustrate: on a buy in of $200, if I have $340 in front of me, I'll keep playing, but only with that last $40.
That's easy to do at local casinos, but how do you manage that in LV or AC (when you're there for 2 or more days?).[/quote]
The ground rules have to be a little different on a trip like that. From what I've read of your other posts, I'd say set your loss limit at $350 to $400 per day and your daily win limit at not less than $200 and not more than $300, or stop when it's time to go to dinner or a show or whatever. Also suggest you don't play more than six hours in a 24 hour period, and break that up into segments. There's other stuff to do. If you hit either your daily win or loss limit in say just two hours, then that's it, you are done playing for the day. Period.
Make sure you get your comp card and always give it to the dealer when you buy in. As for shows: one of the best priced shows is Second City (at Flamingo) for only $35 per person. I think Cirque de Soleil is overpriced, but have to admit it's an awesome show.[/quote]
Yup, O is amazing. Saw it 2-3 years ago (on the office Christmas party - that was a fun one!). I'll have a hard time playing only 6 hours per day, though. This is one of my only 'getaways' from the family all year :D
Usually, I set my loss limit per casino at $100-150. If I lose it all, I quit playing until the other guys are ready to go. Otherwise, i play until everyone's ready to go.
I usually only play $10-20 per hand. Do they even bother to give player's cards to players like me? My best friend is a nut and will bet $50-$100 per hand and gets a lot of comps, but I don't know if I play high enough to warrant it. -
They'll give you a card if you ask for it. You just won't earn as much on it as your friend. Park Place Entertainment (Paris, Caesars, Flamingo, Bally's and Hilton) likes to see six hours at the tables for the whole trip and the occasional $25 bet. Walter's progression should make for a few of those.
Your range of $10 to $20 is exactly the range I play in too.
I hear you about the "getaway" thing. A business trip doesn't count as one. This does. -
Desert dog- Thanks for your input. There are times when you go over your win % and dont realize it, it is at that point that I always get out right away. I believe I'll try your way next time of playing down to 150% It can't hurt and maybe even help you realize a 75% gain and have the option of getting out at that time.
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J C said:Desert dog- Thanks for your input. There are times when you go over your win % and dont realize it, it is at that point that I always get out right away. I believe I'll try your way next time of playing down to 150% It can't hurt and maybe even help you realize a 75% gain and have the option of getting out at that time.
Often it's a double or split that takes you past your win limit. If you find yourself up over 175%, do the same thing again. Illustration: buy in of $200, win limit of $100, shot past it to $140 net winnings, you first lock up the $100 won so you're guaranteed to go home with your original $200 plus that $100. Play the $40 excess. Win a few. Say now you've got $80 excess. Put aside the the additional 25% (that would be $50) to your "do not touch" pile (it now totals $350), and keep playing with the remaining $30. If it takes you to 200%, do it again. I had mine get to 197.5% and then just hung there, win-lose-win-lose-win-push so I decided that was as good as it would get.
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