A thought about Craps from an old man
Posted: Sat Jul 02, 2016 3:13 pm
Back in late winter, early spring, I was thinking while playing the free holdem games on Poker Stars about how I am perfectly satisfied playing the 1000 token low limit games. Gail on the other hand likes the 50,000 token games or even the 100,000. When I first started playing the free games , it probably took me two or three years to build up a couple of million tokens. Now Gail sometimes wins 2 or 3 million tokens in some of the games when she finishes in the money. I play the 6 man table games and Gail plays in the games with a couple hundred other players.
My thoughts while playing poker drifted to craps early one morning. At the time when I went to the casinos for a craps session , I would try to play the lowest minimum table , preferably $5 and lay $42 on whatever the point was in odds. I thought that I would probably just as satisfied playing minimum odds in place of $42 odds.
And then I thought more---- My bankroll is over $12,000-----I am 70 years old------my craps playing days are limited-----limiting my losses to 4% of my Total Gambling Bankroll per session means my bankroll will probably last until I die-------so why not just play and keep building up comps and using them during my remaining good years----since it really doesn`t bother me when I lose and it really doesn`t excite me when I win, why not just play the table minimum laying minimum or close to minimum odds????
So beginning June 2016 , I began playing $5 DP $12 (10) 12 (8) 12 (6). To spice it up a little and to help keep me alert at the table , I would count the number of shooters and after 60 shooters , if I were ahead , I would move up to $18 in odds for the next 60 shooters and continue going up $6 in odds each 60 shooters if ahead. If I were behind after 60 shooters ,I would drop back to $12 in odds and begin again.
My results for the month of June playing this way was:
I played 18 hours and 45 minutes-----259 shooters -----ended minus $129
That was an average of 13.8 shooters per hour.
If I lost $129 per month , It would take 8 years for my bankroll to become zero.
This is not the way to play , if you are wanting to increase your Total Gambling Bankroll. You cannot play unlimited sessions. You must use a loss limit and you must quit when you are ahead.
My thoughts while playing poker drifted to craps early one morning. At the time when I went to the casinos for a craps session , I would try to play the lowest minimum table , preferably $5 and lay $42 on whatever the point was in odds. I thought that I would probably just as satisfied playing minimum odds in place of $42 odds.
And then I thought more---- My bankroll is over $12,000-----I am 70 years old------my craps playing days are limited-----limiting my losses to 4% of my Total Gambling Bankroll per session means my bankroll will probably last until I die-------so why not just play and keep building up comps and using them during my remaining good years----since it really doesn`t bother me when I lose and it really doesn`t excite me when I win, why not just play the table minimum laying minimum or close to minimum odds????
So beginning June 2016 , I began playing $5 DP $12 (10) 12 (8) 12 (6). To spice it up a little and to help keep me alert at the table , I would count the number of shooters and after 60 shooters , if I were ahead , I would move up to $18 in odds for the next 60 shooters and continue going up $6 in odds each 60 shooters if ahead. If I were behind after 60 shooters ,I would drop back to $12 in odds and begin again.
My results for the month of June playing this way was:
I played 18 hours and 45 minutes-----259 shooters -----ended minus $129
That was an average of 13.8 shooters per hour.
If I lost $129 per month , It would take 8 years for my bankroll to become zero.
This is not the way to play , if you are wanting to increase your Total Gambling Bankroll. You cannot play unlimited sessions. You must use a loss limit and you must quit when you are ahead.