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Re: What size Bankroll do I need for this wagering strategy
Posted: Sat Oct 05, 2013 3:12 pm
by BigBen
Uh Oooohhhh, he's thinking again! Hahahahaha...
Seriously though, this approach really just MIGHT work for us!
BB
Re: What size Bankroll do I need for this wagering strategy
Posted: Sat Oct 05, 2013 3:20 pm
by Blackcloud
UNHH!!At 495 per hand, times 30=15,000 per session. Times 3 sessions per day=45,000 per day
Re: What size Bankroll do I need for this wagering strategy
Posted: Sat Oct 05, 2013 4:10 pm
by heavy
If you guys are playing partners a $25 table should be no problem. You play $25 on the Pass. She plays $25 on the Don't Pass.
I'll have to mull the whole bankroll requirements for the play you outlined around for a bit. I don't think I'm deep enough into the vodka to have an answer for that yet.
Re: What size Bankroll do I need for this wagering strategy
Posted: Sat Oct 05, 2013 5:01 pm
by heavy
Speaking of the Hunt for Red October - Tom Clancy died this week. This might be unremarkable to a lot of people who don't suffer from the conspiracy theory bug like I do. But Vince Flynn died back in June. Now I'm thinking, "Why is the government killing off our leading thriller writers?" Things that make you say hmmmm.
Re: What size Bankroll do I need for this wagering strategy
Posted: Sun Oct 06, 2013 9:24 am
by Mad Professor
Hi SE,
To a large part, trip-bankroll and especially session-bankroll requirements depend on whether or not you need to lean heavily (psychologically-speaking) on the the artificial-contruct of a 50% loss-limit.
If so, then simply double the value-amounts I am about to layout for you.
~First determine how many kicks at the Lay-bet can you are willing to give yourself before calling it quits for a session.
~For example, if you determine that three Lay-$470-Across hands would give you a good sense of whether or not your D-side shooting is 'on' for that session; then a $1500 buy-in would be more than enough. That's because, on the off-chance that you pick off each and every one of your Lay-bet wagers before 7'ing-Out, for three self-thrown hands in a row; you'll still walk away with a few sheckels.
~Multiply that per-session amount by the number of sessions you plan to play, and you will have plenty of bankroll-reserve cushion for the trip because the likelihood of knocking off every Lay-bet in every hand of every session you plan to play, is extremely remote...so you could probably bring quite a bit less and still be fine.
Again though, if your shooting-confidence is mentally-fragile (which I do not believe yours is, SE); then using the artificial-construct of using a 50% loss-limit would require a doubling of all of those amounts.
I could take this discussion much further (including showing, on average, how often you'd likely take a one-Lay-loss, two-Lay-loss, three-Lay-loss, etc. bite before 7'ing-Out); however, to do so would require using that nasty old "S" word. 
MP
Oh, the "S" word?
SRR 
Re: What size Bankroll do I need for this wagering strategy
Posted: Sun Oct 06, 2013 11:02 am
by wudged
$nakeeye$ wrote:I need to re-evaluate the ' dice set ' -
The 4/3 - 5/2 produces TOO many 6's and 8's if on axis and a 7 is NOT produced -
I NEED to find a set that produces MORE 4's and 10's when a 7 is NOT produced !
HEAVY -
Practice what Sean Connery instructed his radio operator in " Hunt for Red October " -
" One ping, ........... , ONE Ping ONLY " !
Translated to decipher - " One shot at a time " !
$...eE..$
A few things here - if you are going to be shooting from the PASS line - then I think you would want 6/8 since it is more easily repeatable. Also, 6/8 are the cheapest lay bets to lose. 4/10 are the most expensive, so you would rather avoid them the most.
If, however, you are going to be shooting from the DON'T, then I would recommend the straight sixes. It has both yo and both ace-deuce (which cancel each other out over the long haul,) plus your moniker for an immediate front-line "winner" all on-axis. It also has hard 4/10.
Re: What size Bankroll do I need for this wagering strategy
Posted: Sun Oct 06, 2013 12:59 pm
by Blackcloud
UNHH!!The bets as specified compare to a steam shovel; in that they are QUITE capable of digging a LARGE hole
UNHH!!An initial loss is an invite to CHASING
Re: What size Bankroll do I need for this wagering strategy
Posted: Sat Nov 23, 2013 6:56 pm
by luxlogs
Heavy wrote:Speaking of the Hunt for Red October - Tom Clancy died this week. This might be unremarkable to a lot of people who don't suffer from the conspiracy theory bug like I do. But Vince Flynn died back in June. Now I'm thinking, "Why is the government killing off our leading thriller writers?" Things that make you say hmmmm.
Brad Thor should be quaking in his boots.
I too have a custom made tin foil hat.
Re: What size Bankroll do I need for this wagering strategy
Posted: Sun Nov 24, 2013 6:08 am
by Dylanfreake
I calculate my loss limit as a percentage of my Total Gambling Bankroll.
Really conservative players 1-2%.
Somewhat conservative players 2.5-3%.
Relaxed conservative players 4-5%.
Examples: Really conservative player with a $10,000 Total Gambling Bankroll willing to risk 2% of his Total Gambling Bankroll per session would buy in and be willing to risk losing $200.
A Relaxed conservative player with a $10,000 Total Gambling Bankroll willing to risk 5% of his Total Gambling Bankroll per session would buy in and be willing to risk losing $500.
Without knowing one`s Total Gambling Bankroll , it is hard to determine how much a SERIOUS player is going to risk (To lose).
For the "feel good factor" you can always buy in for more at the table than you are willing to lose . I have done that ,but when I lose I always feel the same way no matter if I have any chips to color up or no chips at all. All folks are different in that regard ,so from that aspect do whatever you want as long as you stay within your percentage of risk in relation to your Total Gambling Bankroll .
That`s just me talkin` and most of this is right out of the Dice Doctor`s book and a lot of times I make no "cents".
"Whose got the drugs and the whiskey?", Guy Clark asked as he opened the door at a songwriter`s workshop my brother was doing at Merlefest in 2001.