Looking to Cowtip...

[heavy]

Yeah, for some reason my office computer doesn't want to open that file. I'll have to try it on the home computer when I get back next week.

[bobthetree]

Can't play with it here, but you can look at it for the $15/$1 level - https://docs.google.com/file/d/0B3iy81S ... sp=sharing

Don't forget to zoom

[Shiraz]

Heavy: according to your post, DF incresased the bet when lost, but looking at Bob's tree, he increases after a win. I think I am missing something. Please correct me.
Shiraz.

[bobthetree]

If I am understanding correctly, there is a small amount increased after a loss ($1 on $15 units), but when you win the first time, you parlay that win and accept the results. 4 consecutive losses without a win puts you into a hole such that if you played the 5th time and then parlayed that win and hit (L-L-L-L-L-W-W in this case) then you still wouldn't cover your loses thus far, so after 4 losses in a row, you just accept your loss and start over. Someone correct me if I am wrong.

-Ross

[heavy]

I think we need to shake DF's tree and see if we can get him to chime in. Now, when I get back from Biloxi perhaps I'll put together a decision tree on another strategy. I sort of like the concept.

[Shiraz]

Bobthetree - when you win your first bet at 15, you parlay, but if you lose your first bet, do you go to 14 or stay at 15 ?

[bobthetree]

If you loose you go down on the tree and the bottom right of this boxes is your next bet. In this case it is $16

[al_falcons]

Hey bobthetree, this is the way I have always played it. $10 bet on don't pass, Up $1 as you lose, down $1 as you win. Only allow for 1 loss bet per shooter. If you win the come out miss, then you parlay that bet. So 10 becomes 20 or let say you were at 13, that becomes 26. Lose that bet then the next bet is 14. Win that 26, yell "Cowtippin" and then replace the bet $1 lower, so in this case it would be $12 next bet. I have never cowtipped twice on the same hand because normally that second win is with a 7-out and the next shooter has the dice. It is a great way to put little at risk on each shooter and wait for the dice to come back to you.

I put this method to the test against random rolls here, and it did OK, just about breaking even over 40 random sessions
http://diceinstitute.maxforum.org/2012/ ... e2/#post28

I am now a big fan of the loss progression on random shooters which the Cowtippin is a sort of. Up your bets as you lose, down as you win. There are others that did better $$ than the Cowtip, but they are more risky too.

[bobthetree]

Nice al falcon. I think I found your wincraps bet file thread on MPs forum. Is this file in there? I would like to run it too

[Dylanfreake]

COWTIPPIN`

On a $5 table with a $4375 Gambling Bankroll, buying in for $175 , which is what you are willing to risk during this craps session, you can use the following negative Cowtippin` progression (which I call a "negression"). I always make a Don`t Pass wager and limit my wagering to one loss per shooter.

5 10 / 10 10 15 20 25 35 45 The 5 10 / I call single wagers . The / 10 10 10 15 20 25 35 45 I call Cowtippin` wagers.

An Explanation: The first two wagers (5 10 / ) are single wagers . You bet the $5 wager until it loses ; after a loss you move to the $10 wager . If that wager wins you go back to making the $5 wager. If the $10 wager loses then you are down $15 , and the next bet in the series is the first $10 Cowtippin` wager. If this bet wins , you cowtip the winning chips on the original wager :now you have a $20 Parlay (which is what a Cowtip really is) on the Dont Pass. If that Parlay wins , then yell"COWTIPPIN`"as loud as you can scarin` the heck out of everybody around. You have just made a profit of $15. Now you get to go all the way back to the beginning $5 wager.

Another explanation: As you probably have figured out by now , once you get past the 5 10/ single wagers , then you are gettin` in Cowtippin` territory and are wanting, hoping , or praying for two wins in a row (A parlay win).

Should a Parlay (cowtip) win not happen , then you have reached your loss limit of $175. It does happen. I know because , I have lost a series of bets many times , usually on average about once every 3 or 4 hours of play.

My theory: It doesn`t make any difference at the end of the day whether I have won or lost money at the table. What does make a difference and what I do know is that I give the casino 7 cents out of each $5 that I wager at the table . Some people call this the tax you pay to the casino to play. I call it rent, since I squat at a table only losing one bet per shooter. I make about 16.2 wagers per hour (from my observation over the last six months at the craps table). Since I only have a wager on the felt about half the time, I have plenty of time to do other things while at a craps table , although that usually involves people watchin` (well women) and watching ball games if there is a TV close by.

I have used a lot of Cowtippin` strategies over the years . The one Heavy mentioned was one I used after my bankroll got on up there.

Cowtippin` played a very big part in increasing my bankroll. But don`t ask what strategy , I use now. But I will say that Monday night at Caesar`s Palace in Lost Vegas ,when I left the table ,the dealer said, "Come back when you want to "Cowtip" again ", as the pit guy was holding his hands cupped against his ears.

[al_falcons]

Thanks for the explanation Dylanfreake! I guess I made my own version of the Cowtip with only increasing the bets $1 at a time. I must have picked that up from some one else, but the strategy is similar. Some questions for you: I thought that you would only do the parlay when someone rolls a 2 or 3 on the come out, is that not correct? So with this strategy, you have to win 2 in a row to make some money and when you do that then you go back to the start at $5 right? If you parlay and lose, then your next bet is the next one in the sequence. Like last bet was $20 you parlayed it to $40 and lost, the next bet is 25, correct?

I wish that we could have met last year in Tunica, I admire your patience to only make 16 bets and hour. And your bankroll growth. I am very much into that right now and have gone "mostly" dark side in my play for the last 3 trips. thank you!

[Dylanfreake]

al, I have Cowtipped by increasing bets $1 at a time . That is the way I started out and as my bankroll grew , I would increase the wagers a little more.

When I started gambling in August of 2000, my thoughts were that I would lose my $100 and never go back into a casino. I just didn`t care to gamble and was forced by Gail to go to casinos with her where I would sit in a hotel lobby reading a book while she played the slots. I finally gave in and told her that I would take the $100 that I had from aluminum can sales and once that 4100 was gone , I would never go to a casino again. Then---------a funny thing happened . I started winning a dollar or two and then started getting coupons for cash, at that time , from casinos. The food was good and I thought, 'if I could accumulate $3000 around the age of 65 and I could no longer work, because my job is somewhat physically demanding, then Gail and I could travel and that $3000 Bankroll would fuel my casino play during my lifetime.'

Well , I shall be 67 in April , I still work my minimum wage job that I truly love and have had since 1985, (Well, it isn`t minimum wage but not far from it). My gambling bankroll right now is $10,755. In the past year , we have been to Las Vegas three times and have also been to Biloxi, Shreveport, St. Louis, Metropolis, have tried to get to New Orleans but have had to cancel twice because of weather and, of course, played in Tunica 47 different days in 2012.

Casinos have been fun for me the last almost 13 years . I just hate that I am slowing down . I doubt if we will go to casinos as much this year as we did last year. Aches and pains. I am not sure how much longer , I shall work . Our trips to Tunica this year will probably be for an overnight stay instead of a day trip.

My craps play since the first of the year has just been a flat DP wager. All I am interested in is breaking close to even. On a recent trip to Las Vegas , I played a $45 DP wager , one loss per shooter . After a total of 20 hours of play, I ended the trip up one unit. We had so damn many rooms in Vegas that I couldn`t keep them straight . We had rooms at Caesar`s Palace that I really liked . We had a room at Mirage but never spent the night there. And had a suite at Harrahs which was where we were staying the morning of the shooting and so that Gail could receive $100 in slot play we had a room booked at Ballys. We had a good time on the strip from Monday through Saturday.

I played at Caesar`s , Harrahs , Mirage , Bellagio, and Ballys. And ate and ate------but when I get back to Lost Vegas, I told Gail that I shall only eat at two places------KGB at Harrahs and Carnegie Deli at Mirage.

I still take the game of craps seriously, I guess , but I do not adhere to a win goal and I guess my loss limit is my session buyin which is $900. I guess , you might say that my loss limit is 8 or 9 or 10% of my gambling bankroll . A year ago it was 4% which I think is the right percentage for players to use.

[heavy]

Chef Simon can certainly cook some fine cuisine. I just don't see how he can call this a burger:

[Golfer]

Y'all have really gone uptown. I once had rooms at the Rio and Venetian on comps. I let my Sis, K, who you met stay at the Rio and I stayed at the Venetian. Congrats on the travel. Hope Gail came home with more than you.

I can imagine the yell of COWTIPPIN in a Vegas Casino did surprise some.


Golfer

[Dylanfreake]

Gail booked a couple of Southwest Airlines cheap tickets --$200 each round trip out of Little Rock and it was a direct flight. All the rooms were comped and the meals were either comped by the casino, mail coupons, or using Gail`s comps. The only cash we spent was about $40 on cabs to and from the airport in Las Vegas, about $200 in tips, and $60 parking at Little Rock airport plus gas in our little car for the 2 hour trip to Little Rock.

The reason we really went to Las Vegas was for Gail to play in a slot tournament at Harrahs. Out of 1500 players , she finished 492----it played 500 places ----she got $100 in slot play.

The reason we booked so many rooms in different casinos was because of slot play and food voucher offers. I guess I can refer to this trip as "Six days in Vegas, on less than $1000".

For a poor boy from Arkansas, Las Vegas is a different world. But the morning of the shooting , it was still dark outside and I was in the living room of the suite at Harrahs doing exercises as Gail slept in the other room, I could see blue and red lights flashing on Flamingo Road in the distance and thought Las Vegas is just like any town USA---same old problems, same old people.

[al_falcons]

Glad that they could take the country boy out of country, but couldn't take the country out of the country boy, DylanFreake! I might live in the big city now near Wash DC, but I was born in NC and that is the South the last time I checked. Not as far south as Arkansas or Mississippi, but I still consider myself a southern. Sounds like a fun trip for sure and very economical as well. $100 in free slot play is a $100 free anyway you slice it. I am glad to see that you two had a good time.

Back to how you play the cowtip? Do you only parlay come out winners only, or do you parlay all winners on the don't pass line? I am going to have to update the Cowtip program I have in WinCraps to make sure I have a newer version of the infamous Cow Tipping strategy! Thank you in advance.

[Dylanfreake]

I cowtip any win if I am behind in a series.

Example : Bet $5 win $5 Bet $5 win $5 Bet $5 lose $5 (now I am behind $5 for the series ) Next bet $10 win $10 (now I am ahead $5, so I go back to the $5 bet)

Now if I had lost the $5 bet and then the $10 bet, making me $15 behind , then the next bet would be $10 and if it won I would Cowtip it (Parlay would then be $20) Should that $20 bet be a winner, then I have a $15 profit for the series and would start back at the beginning with a $5 bet.

Cowtippin` has been very good to me over the last few years. It is a negative progression, so you are playing with fire . The bad thing about the series is that you must win two bets in a row to be ahead for the series. The beauty of the series is that winning a parlay , you are risking one unit to win three units.

I also only lose one bet per shooter. So you must play with patience and discipline and must have a large enough bankroll , so that you are not bothered by a series loss. They do happen and happen often at times , sometimes two or three times in a row.

When players tell me they don`t have that much patience to play that way, I tell them that I have more patience than money--which is true.

In an earlier post ,I said that Gail and I had decided not to go on so many day trips to Tunica but when I came home from work today, I told Gail that I had one vacation day that I had to take before the end of this month. Gail said, "Good ,take it Thursday and we will go eat at Paula Deen`s at Harrahs." I guess I spoke too soon.

The busy time of the year starts for me at work in March and ends toward the end of October.

[audionut]

Can't help but wonder if this great system would be even GREATER if you waited for a shooter to make a first point (or, if your patience is there) wait for 2 points to be made before placing the DP bet...

Seems like it would be awfully hard to reach the end of that progression with (dare I say it) "the odds in your favor" of a shooter actually making that 2nd or third point??

Thanks to ALL that share on this board; LOVE THIS PLACE

[bobthetree]

Sounds like a hybrid of DF's progression amounts , and MP's Choppy Table Short Leash start condition.

[Dylanfreake]

You can wait to play after a point is made. The math of the game cycles around no matter where your starting point is. Cowtippin` is nothing new. I just used it to extend time, with my small bankroll at the table, and got lucky and won a few dollars.

The main thing is that I do not chase any numbers and do not second guess myself with this play. I am consistent in my play and do not worry whether a series is a winner or loser. I just play.

Anything can and will happen at a craps table.

Know your strategy well before you start playing and be consistent in your play whether it be on the Rightside or the Darkside. I just prefer the Darkside but this should do all right the on the Rightside.

"I know my song well, before I start singin`" BD-Hard Rain