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Upcoming Trip in Aug

Discussion in 'General Vegas Talk' started by duster10, Jul 11, 2016.

  1. duster10

    duster10
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    So, I have a midweek trip planned for the end of Aug. Its been a long time since I have been to Vegas, so I am thinking about doubling my normal bank roll for the trip. I realize this is the worst spot in the world to try and find people to talk me out of taking 6 figures to vegas, but I am open to suggestions. The pro/con of this is that this is a trip with the wife, so there will be no marathon sessions, it will be shorter sessions with a much higher average bet......could be feast or famine. Thoughts?
     
    #1 Jul 11, 2016
    Last edited: Jul 11, 2016
  2. Tellafriend

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    Sounds like a great idea to me. Be sure to post a detailed TR!
     
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  3. VEGASBJ

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    I would bring just in case. You don't have to use it all, but will help weather any downturns. You need enough bullets to stay in the game.
     
  4. vegasmeister

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    I'm all for the go big or go home mentality, but you just have to make sure you are able to lose the entire bankroll (worst case scenario) and not have it affect your life on the homefront. If you have six figures to bring to Vegas as your bankroll I'm sure this isn't your entire net worth. Good luck! Bring home a six figure win! Hit and run!

    What is your game of choice and what will your avg bet be?
     
  5. tom4u

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    Looking forward to reading about your trip. I’m a bit nervous for you though because you’re asking whether or not to bring double your bankroll or not.

    Why do you want to bring double your normal amounts for gambling, aside from not being to Vegas in awhile (for example, taking a shot?, adrenaline rush?, desire to win big?, etc.)

    I think Vegas should be a fun place to chill and get your gamble on, and the food!!! Unless you have a plan to make Advantage type plays, there’s no need to go out of your comfort zone by increasing your bets, bankroll and potentially ruin your mood/trip if the amount in question affects your life.

    If the amount you hope to win (or lose) on this trip affects your life in any way, you shouldn’t risk it. There are much better ways to risk your money and get a potential nice return in other aspects of life, albeit a lot slower than a roll of dice or flip of cards.

    Also, once you start making bigger bets, you will become desensitized to your old betting amounts. Meaning, you will lose the fun and adrenaline of lower betting amounts from before and seek to bet bigger to feel that rush, chase loses, etc. Your swings will be much bigger than what you thought it would be.

    Emotionally/mentally, there will be no going back to playing smaller unless you are forced to. And if you are forced to bet smaller than what you want, you’re no longer going to have fun. Gambling forums are fun and exciting but very few people talk about loses and what it may have done to their life.

    Everybody wants to win. But can you afford to lose.

    If you can… then go for it!!! That rush of booking a relative huge win is fun. Beating the casino is such a thrill.

    If you can’t… Don’t do it. Yes it would make for an exciting trip report and we would all cheer for you but don’t risk large sums for just a few days of entertainment for the masses and yourself. You’ll regret it if it doesn’t end well.

    Whatever you decide, plan ahead (write it down) on how many betting units you will have (my stop loss is 20-30 units) and contingency plans when things go unexpected, they usually do in Vegas. The worst when gambling is not having enough bullets when you need it. Stay disciplined.

    My friends get excited if they win hundreds to a few thousand. I’ve lost that thrill (desensitized) and need to win much larger sums to even feel excited. So I’m speaking from experience. If you’re going to risk 6 figures, have at minimum 7 figures as back up for future gambling roll, otherwise, don’t do it. Things sometimes don’t go as planned. You may say you won’t go too deep into your roll, lose a few sessions, tilt like a mofo, and then you end up wiping out your entire roll so only bring what you can lose.

    Most importantly… focus on having an amazing trip with your wife, enjoy the atmosphere. No famine, All Feast!!!

    I’ll definitely be cheering you on no matter what and wish you lots of LUCK.
     
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  6. Broncofn

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    I'm not a 7 figure player but this is all truth!!
     
  7. Broncofn

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    One question @tom4u , you say you have a stop loss at 20-30 units. I use units in my sports bets. Are you saying you will stop playing at 30 units if you bet for instance 5 units a hand? That is only 6 bets if you lose them all.

    Just wondering how you bet for a comparison. Just don't think I could shut it down after a few bets. I agree with everything you have said
     
    #7 Jul 11, 2016
    Last edited: Jul 11, 2016
  8. tom4u

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    For some reason I suck at short replies. Wrote a bunch of thoughts and how I bet, will create a new thread so I don't hijack Duster10's trip report. I'll post in the Off-Topic section.

    If I lose my session bankroll, I must quit.
    30 units for me is 30 "possible" bets in a session. But I structure my style in such a way that it's not like that at all. I flat bet and hope to get up, then press profits. If I am down, I switch strategy. The key is that I would only bet 5 units of profit if I was going for it. So it works out that I have a lot of playing room within that 30 units, and I only see the chips in front of me as units rather than money and bet accordingly to how things are going.

    basically, my average bets when I am winning is bigger than my average bets when I am not.
     
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  9. shifter

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    Fixed that for you.

    Excellent post BTW and this really sums up the crux of the matter.
     
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  10. duster10

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    First of all.....really good responses, and if I am honest, much better responses that I expected. I truly am teetering between the size of the BR I will take. I always use front money, that is my circuit breaker....once its gone, its gone. I am also the type of person who will not lose it all. I damn well might lose 80% of it, but not all of it. The question was asked "what is your average bet, and what games do you play?" I play 80% BJ, probably around 800-1k a hand and then I sprinkle in some craps and some bacc.

    There was another really good point that was made and that was the fact that this is a trip with the wife. I normally don't get real emotional when I play, but an 80k loss would be something I am to overly familiar with. I would imagine it would impact my mood to some degree. I also do NOT have a 7 figure gambling budget. I just don't gamble that much. I would guess I am in a casino twice a year at the most, and if it is on a family vacation in the caribbean, I normally just bring 10-20k (wire it in if it is over 10k). I still have plenty of time to decide, and regardless of which route I go, I think it will be a great trip. I also have to keep in mind that we are heading straight from Vegas to 4 nights in NAPA with a bunch of friends, so I don't need to be in wine country pouting about a bad vegas trip. BUT, if I can hit Vegas for a 6 digit win........NAPA will be epic!
     
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