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What is your number??

Discussion in 'Table Games' started by ballagio, Apr 2, 2016.

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  1. ballagio

    ballagio
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    I was getting ready for another Vegas trip. Hopefully longer than my last trip. I was thinking about my last trip and was wondering how much everyone would have to win to stop gambling for the trip? Obviously, everyone would want all of a casino's chips but we all know that is not possible unless you are Shifter. It can be a multiple of your BR or a set number since we all have different budgets. $1k probably won't move some member's needle but will make other member's trip.

    I have been lucky enough to have 4 and low 5 figure wins lately. As I think about my wins relative to my BR, it is only about 50-125% of my BR. It kind of made me think that my goal is too low. If I only brought $1k, I would want $2-4k before I walked. Am I putting too much at risk to double my money? I have been having fun and getting a free vacation has been really nice so I can't really complain.

    Sorry to be long winded. So my question is what positive number/multiple would you have to hit to make you shut down a trip? Also, if you just walked into a casino and won your number/multiple in the first 30 minutes, what percentage of your win would you lock in or would you go for the jugular?
     
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  2. Broncofn

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    As an honest answer? I really don't know. There have been a few times when I had a 6 figure win locked up but kept on playing. Still trying to figure out when enough is enough. Hopefully I will have that problem in a few weeks and I will really cut myself off.
     
  3. shifter

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    The key is not to eat like a bird and shit like an elephant. Too many players will dump a ton chasing when things are going bad but get scared and stop playing the minute they get up a little. That makes for a very expensive hobby.

    But at the same time, it's a terrible feeling to get up big and get greedy and dump it back.

    I think the key is not to set a fixed number but stay disciplined and set a stop loss amount. Keep playing while you're running good but quit if you reach that point and lock in the win.
     
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  4. Jaydog98

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    I thInk this question is asked by all of us and no one really knows the answer. This my friend is why Vegas is still Vegas lol.
     
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  5. Krh2o

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    I bet for such low amounts at table games, usually around $10 that it doesn't matter. I'll keep playing as long as I'm having fun.
     
  6. ballagio

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    I think this is good advice. I too have thought long and hard about my stop loss and win limits. We have to be realistic here. I am not going to go Nick Papagiorgio and win at every game I play. That is why they call it gambling. It is a negative expectation game, and I expect to lose with a chance at winning every trip. I think that you can usually expect to win and lose on a trip. The key factor is when you press your bets to overcome the expected loss and how much you press dictates how ahead you end up. The most important factor is when to call it quits on a win or loss.

    With that being said, I have a BR of $6-12k depending on how I am feeling at the beginning of the trip. It has been more lately as I am up. I will swing for the fences and am willing to lose about $5-10k per trip. Losing it all won't affect my lifestyle or my ability to put food on the table. If it is going bad, I will cut it off earlier but will risk it if it is choppy where I still have a chance with well timed presses. Lately, I have been up from the get go so I have been able to press pretty aggressively for some really lucky slot wins. I think my slot luck may be due for a turn south so I am going to try to hit the tables. As for my win limit, I think it is pretty similar to my loss limit of $5-10k. If it is closer to $5k, I will book $2k and swing for the fences with my free money of $3k and hope to get a huge handpay. They last three trips, that has yielded an extra $26k. I know it won't hold up so I am just enjoying the moment.
     
  7. ballagio

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    Good luck on your next trip. Hopefully, you will have the problem of getting up so much at the beginning that you max your winning bets. From your TR, I don't think I could stomach watching you pound away at the tables. I am a little bit more conservative. I think my problem with table games is that I can't go big whereas I can hit a larger pay on a smaller bet. I limit my slot sessions to about $1-2k loss limits. I just have been really lucky as of late and don't have any bet remorse as the wins have been high limit slots instead of wasting my luck on quarter machines. Actually, have been on drunken quarter machines of $25 but that is another story.
     
  8. shifter

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    :LOL::ROFLMAO::LOL:

    ETA: I think maybe you were talking about the real Nick Papagiorgio from the movie. I thought you were talking about the poster from the other site.
     
    #8 Apr 3, 2016
    Last edited: Apr 3, 2016
  9. Malibugolfer

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    I've gotten up over 150% of my total 3 night BR on the first night my last 3 trips. I kept playing and have ended up with bad last nights in all 3.
    But you come to play right?
     
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  10. ballagio

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    No idea who the poster from the other site is. Sorry for the movie reference. Just now getting comfortable in posting on boards. Didn't really get too into any of the other boards. Really love the environment you have fostered here with your hard work and generosity. But yes. Was referring to the movie. Why can't we all win like that?

    Sorry to hear about giving back the wins. I like money too much to give back early wins. I am more apt to lost when I am on tilt than after winning. I think that is why I have been on a roll lately though I am sure it will end soon. The casinos want you to play more to "earn" your comps so they have a chance to win back your wins and dig your losses. If they didn't comp me, I would hit and run and pay my own comps out of their money. Someone on this board had the idea for it.

    I play a little more conservative because I have 4 kids and am in saving mode. Don't get me wrong. Still enjoy Vegas but extra cash does not hurt when it is time to book family vacations. If Vegas goes well, we will do a lot more activities during family vacations.
     
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