In Support of the STEEP REDUCTION MANEUVER

[wild child]

In Support of the STEEP REDUCTION MANEUVER :

The STEEP $ at RISK Maneuver
.
is among the STRONGEST of WAGER BANK ROLL PROTECTION Mythologies....

In my opinion perhaps the strongest.....

In the old standard Dice Doctor
Sam Grafstein illustrates the move........

Following a large wager and upon that wager being decided
Old Sam reduced ( I think the WAGER AMOUNT was $500 ) to $5

He mentions that his REDUCTION of $ at Risk of Loss drew several "raised eyebrows"
The Dice Doctor gave not a flip the opinion others had of his
ULTRA ( UBER) STEEP REDUCTION MANEUVER...
.
To sift it down. Sam felt strongly,that the gambler would lose ground ( and much else of value)
when the gambler ultimately LOST LARGE and won small.........
.
The methodology of I S R ( or S R at any subsequent point)
.
IS
.
WIN LARGE and lose small

Just me saying

W C

[Jazzycat]

WC, just to clarify, you're endorsing ISR/SR, correct?

[wild child]

Jazzycat

Often references are made of the Initial Steep Reduction ( I S R )
That is at a juncture in your play ,you REDUCE the amount of your DOLLARS at Risk...
The deeper you reduce that $ amount the steeper the reduction
.
Thus the deeper (more steep) the REDUCTION ,the greater the spread you have locked up...
Consequently with a STEEP REDUCTION to MINIMAL TABLE LEVEL would lock up that amount $
to the safety of the rack...............
.
On occasion a good hand of repeating numbers rolls on...and with increased wagering placing
a greater $ amount AT RISK ,there is an opportunity to repeat a secondary REDUCTION of
the $ amount at RISK.....With the blessing of a record setting prolonged hand is the OPPORTUNITY
to elect to make SUBSEQUENT REDUCTION(s) of $$$$ AT RISK........
.
We know not if any given CRAPS HAND will terminate after ONE ROLL or 100 ROLLS
UNTIL
said given hand become HINDSIGHT
.......
The greedy to often become the needy...when the cautious soldier on and on and further so on

Just my opinion.
The I S R is the strongest Money Management move to Wager Bank Roll Preservation.

Just Me Saying

W C

PS : I ain't selling anything......Just saying Win,Win,Win......Pay,Pay,Pay.........

[Jazzycat]

Got it! Thanks!

[acpa]

WC,

If I remember correctly, Sam's qualification were for when to bet, but I don't remember a reduction in initial betting though.

Noah

[London Shooter]

He talks about this on page 84 of his book - though may version may be different to earlier editions.

To mostly paraphrase:

He had gone 10-15-25-35-50-75-125-175 on a hand that had 8 passes made. His next bet was 250 passline. Shooter rolled a natural so he parlayed to 500, then shooter rolled a crap number which was his sign to come all the back to the start of his progression. Next bet was 10 on the passline. Shooter rolled another craps, so he bet $10 again with $10 odds and shooter soon sevened out.

His point was that he lost only $30 which was a world less than if he had maintained his passline of 250. He notes of course that things could have gone the other way, but sums up in feeling that maintaining the same bet on the passline after a craps number is a form of chasing and that could ultimately end up overallin you losing money on a shooter you have already won on.

[wild child]

This is going to be a long response....It may not hold many person's attention....
It may or may not be what you seek....
.
.
There is no magic bullet.
.
Play TOO long at a net negative odds game and you only loose ....


The Dice Doctor was a major guide for me from Jump Street back when Heck was a pup
I was fortunate in associating with people willing to point me in the correct direction...
Then it was up to me to best use the resources at hand..........
.
The methodology I am most comfortable using may or may not be in the COMFORT ZONE
of another person.......I employ a mix of intuitive selection....perhaps I may say MY FEELINGS...
.
You know like walking through an area with a roll of Quarters in my leather glove....not looking
to pick a slug-fest or seek trouble,rather step around TROUBLE..
however prepared to respond and walk on uninjured..........
.
Empirically speaking,the craps pit / craps table is a neighborhood and I am a visitor...
It could be a place to which I am returning or a totally a new place in a totally new to me Zip Code.
You can take in a lot , process the information and perceive the general demeanor.......

......Observe the Dealers,Box Person,other players......noise...rack full or devoid of chips
THE ACTION....somewhat controlled or just plain undisciplined Pigeon Feeding
.
I carry way more than my intention to place at risk..
..Not always wisest,however I am comfortable...
.
Even if I am prepared to wager $1800 Across with $100 Horn..
..I assure you that IS OTHER THAN MY INITIAL WAGER ....
.
Should I buy in for $1500 -$1800 ...I don't blink at $160 Across $40 to $60 Horn
and comfortable reducing my exposure to TABLE MINIMUM after one or two rolls...
( this is after I have scoped the situation (neighborhood out to my content).
.
If I have front loaded with wager(s) of greater $$$ value and reduced the $ value at risk
after an early win,I and my BANK ROLL/BUY IN are in SECURE CITY......Would not trouble me
to have the hand ROLL ON till there had been THREE SHIFT CHANGES and we went back to STANDARD TIME...... Should the hand set zero records for longevity, I am still on
the way O K side of the event...
...
How about a P S O or P P S O : say you....OH YIEYEEeeee I can handle it like an adult...
Live on to give it another shot another time.......
........
now for some more of the methodology I favor...
..............................................
I have on occasion taken it all down after one or two rolls of the dice...(actually most of the time)...
.
and at times............
I have made one or two D/C WAGERS and taken my PLACE WAGERS DOWN......
Then the shooter hit his POINT........GOOD.........Even when the shooter is that Wild Child fellow
.
I have placed a modestly greater than MINIMAL Pass LINE WAGER
. The shooter on many occasions tossed a COME OUT SEVEN...
WIN...WIN...WIN...because INSTANT BONUS BUCKS ON THE PASS LINE AND THE D/C WAGERS as above mentioned........
.
Could it go some other way?....Yes and at times it has.....So I guessed INCORRECTLY.
NO BIG DEAL....I can afford to stand around and wait for another opportunity
or
I could trot over to another casino or just another table and start over....
Or I could afford to close up shop and pack it in until another day..

When I am THE SHOOTER ,
I play basically similar with at most a at times slight variation

( TOO COMPLICATED TO EXPLAIN IN THIS POST )

Bottom line I could afford to make choices and take a shot another time...
.
Too often...you will observe guys start minimally,progressively INCREASE THEIR $$$$ AT RISK
only to LOSE BIG and followed by win small ..then wash,rinse tumble dry
and REPEAT LOSE VERY BIG then win itsie, bitsey, tinny small until they are totally busted ....
...
Also I have TRANSITIONED From the DO SIDE..to the DON'T SIDE..and back to the DO SIDE....
TIME THE TRANSITION CORRECTLY
AND
Many ,MANY,MANY times you can catch the traffic in your favor..
.
YES
.
. There are times.your timing is out of sync & your WAGERS just step out into
the FLOW of THE GAME and GET FLATTENED..
.
You may have moved one wager TOO SOON or HELD ON one wager TOO LONG....
Some days you are the windshield and some days you are the bug...
..
It is by far more gut and ZERO SCIENCE.
.
When you measure your losses to the HALT LEVEL just take what is left and STOP PLAY....

Hope the above helps...

Just me saying essentially what I have said previously other times

W C

[acpa]

I remembered that after a loss London Shooter, but most, if not all of the reductions people are talking about now are reductions after a win, not after a loss.

But thanks for the comment.

Noah

[freak]

I'm no expert, but one thing I feel I've learned from my own regression plays is the importance of a consistent approach. Keep the big initial bets and the subsequent reduction consistent and give it a chance to work over time. If you vary, and make the initial bet larger sure as heck that will somehow conjure up a PSO. If you get nervous and reduce the initial bet that's the one time you'll catch a good hand, and now it won't earn to it's potential. Steep reduction requires some nerve to put up a large risk for a brief time. I have learned that sometimes I am "in the mood" for this play and other times I'm not. I need to listen to my inner voice. If I decide this is my play, I must stick with it and give it a chance to earn it's keep right up to my loss limit. It does often induce significant volatility. That's the nature of the play. But moderate hands will break even and one good hand can make up for for the first several stinkers. The thing I like best about a steep regression play is that it prevents the "death by a thousand cuts". We used to do that a lot. Tiptoe in on a $5 table and slowly lose for two hours. Sometimes we still try a small play but now we add a regression to that as well in the form of "Take me down."