Step up and bet on an RR-- win $1.000... now what?
Posted: Sat Jul 12, 2014 10:14 am
I need to lay a psychological background--I apologize for the length of this opening...
I was at the $10 table at IP yesterday. I bought in with $700. I hate playing at the $10 table--but there's always 'way less people there during the times I visit (when I drive for my wife). I play the $10 table if I'm the 6th shooter (maximum) and the $5 table is full. (If I can't get those conditions, go read in the car.) The stakes at the $10 table are psychologically too high because I'm used to a two-hit "3x" regression. On a $5 table, on a point of 6 or 8, I'd bet this only on myself- $90 inside and a $5 PL w/$25 odds. Two hits and I'm down to $26 Across and $25 odds. On the $10 table, if the 6/8 is the point, I'm just barely comfortable with $122 inside and $10/30 odds on the PL. One hit and I'm down to $32 inside and 10/20 PL. It's not that I've got no confidence in my ability to roll 2 points regularly, but I don't like the exposure of $160 per roll when it's my money. Granted, if I'm rolling for a second paying instance, the exposure is ~ $100 which is the same as my 3x-two hit game on a $5 table, but that first roll makes me itch all over. With that as a background...
There were 5 of us at the $10 table. I rolled the dice 7 times, made a few bucks, the dice cycled around to the shooter on my right and he held the dice for 30 minutes.
I was up $57 at the end of my own roll. I had a feeling--the table seemed 'tolerable'. Usually, I bet only on myself at the $10 table-- on RR's, maybe a Grafstein $10 DC no odds for a maximum of three points and that's it. (I'll play 16 inside and 5PL + 10 odds on an RR on the $5 table, but double that on an RR?? not very often unless I know'em) This time, I just felt like taking a chance and I bet on the RR to my right-- $10 w/$30 odds and $32 inside ballooned to $1063 profit.
I cashed in immediately and left. My feeling was, I hadn't touched the dice in better than half an hour. There's a new strategy I learned recently from you all on how to keep most of the profits, yet press the table for opportunity... that advice was to pocket the bulk of my winnings and allow X dollars (say, 10-15x minimum bet) to try the table one more time for a winner and continue/quit depending on that outcome-- but that process didn't feel valid since I had had no recent time with the dice. My next roll would have felt like a 'very first' throw.
Was I "right" to leave? What would you have done? Three other guys cashed in at the same time, if that influences your decision... in that situation, I might have gotten to shoot almost continuously if I'd stayed.
Instead, we went to dinner. Afterwards, she changed her mind about "going home right after dinner" and wanted to slot some more because some nickel-and-dime reward program started after dinner. So I went back to the $10 table. There were two shooters there so I bought in with $300, rolled for myself and lost $150 and quit. $150 was the limit I'd set for myself; it amounted to three hands with the dice. (I'd lost ~$80 on the second hand- I rolled four times and out. Should I have quit then? For my last hand I had $67; I bet $10PL w/30 odds and $32 inside and lost it. I know that's a hard betting scheme with which to attempt a profit... looking back, I think I should have quit, down that $80. Argh... another lesson 'financed'.)
Please critique my play and decision-making on the 'quit' points. Thanks!
I was at the $10 table at IP yesterday. I bought in with $700. I hate playing at the $10 table--but there's always 'way less people there during the times I visit (when I drive for my wife). I play the $10 table if I'm the 6th shooter (maximum) and the $5 table is full. (If I can't get those conditions, go read in the car.) The stakes at the $10 table are psychologically too high because I'm used to a two-hit "3x" regression. On a $5 table, on a point of 6 or 8, I'd bet this only on myself- $90 inside and a $5 PL w/$25 odds. Two hits and I'm down to $26 Across and $25 odds. On the $10 table, if the 6/8 is the point, I'm just barely comfortable with $122 inside and $10/30 odds on the PL. One hit and I'm down to $32 inside and 10/20 PL. It's not that I've got no confidence in my ability to roll 2 points regularly, but I don't like the exposure of $160 per roll when it's my money. Granted, if I'm rolling for a second paying instance, the exposure is ~ $100 which is the same as my 3x-two hit game on a $5 table, but that first roll makes me itch all over. With that as a background...
There were 5 of us at the $10 table. I rolled the dice 7 times, made a few bucks, the dice cycled around to the shooter on my right and he held the dice for 30 minutes.
I was up $57 at the end of my own roll. I had a feeling--the table seemed 'tolerable'. Usually, I bet only on myself at the $10 table-- on RR's, maybe a Grafstein $10 DC no odds for a maximum of three points and that's it. (I'll play 16 inside and 5PL + 10 odds on an RR on the $5 table, but double that on an RR?? not very often unless I know'em) This time, I just felt like taking a chance and I bet on the RR to my right-- $10 w/$30 odds and $32 inside ballooned to $1063 profit.
I cashed in immediately and left. My feeling was, I hadn't touched the dice in better than half an hour. There's a new strategy I learned recently from you all on how to keep most of the profits, yet press the table for opportunity... that advice was to pocket the bulk of my winnings and allow X dollars (say, 10-15x minimum bet) to try the table one more time for a winner and continue/quit depending on that outcome-- but that process didn't feel valid since I had had no recent time with the dice. My next roll would have felt like a 'very first' throw.
Was I "right" to leave? What would you have done? Three other guys cashed in at the same time, if that influences your decision... in that situation, I might have gotten to shoot almost continuously if I'd stayed.
Instead, we went to dinner. Afterwards, she changed her mind about "going home right after dinner" and wanted to slot some more because some nickel-and-dime reward program started after dinner. So I went back to the $10 table. There were two shooters there so I bought in with $300, rolled for myself and lost $150 and quit. $150 was the limit I'd set for myself; it amounted to three hands with the dice. (I'd lost ~$80 on the second hand- I rolled four times and out. Should I have quit then? For my last hand I had $67; I bet $10PL w/30 odds and $32 inside and lost it. I know that's a hard betting scheme with which to attempt a profit... looking back, I think I should have quit, down that $80. Argh... another lesson 'financed'.)
Please critique my play and decision-making on the 'quit' points. Thanks!