Power Press

Discussion in 'Beginner Zone' started by oldgrasshopper, Sep 22, 2016.

  1. James Hall, Sep 22, 2016

    James Hall

    James Hall Member

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    NOPE PAL I lost what I invested It,s not mine till I rack it
    the PROFESSIONAL way of thinking takes the pressure off
     
    #21
  2. betwthelines, Sep 22, 2016

    betwthelines

    betwthelines Member

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    either way you look at it seems valid to me...if you are talking about from the time you started, you have lost $200...

    if you are talking about from the time of your peak bankroll, you have lost $700...

    i guess too from a certain point of view this is all academic and really of little importance...OTOH, no, the status of one's bankroll, ie how much is the "house's money", frequently has a definite effect especially on the amount of one's bets...

    tom p
     
    #22
  3. James Hall, Sep 22, 2016

    James Hall

    James Hall Member

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    that is one reason why I press money won , ONE reason
     
    #23
  4. James Hall, Sep 22, 2016

    James Hall

    James Hall Member

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    That is the way I approach it once I have my buy in back in my rack or pocket and playing with money I have won , I can't lose
    at that point
     
    #24
  5. random_roller, Sep 22, 2016

    random_roller

    random_roller Member

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    I'm in agreement with JH on this one, even if I wouldn't necessarily press as aggressively (as I mentioned in an earlier post). On a net cash flow basis (ignoring time value of money, which is immaterial in this situation), he's only out $5 on that particular series of HW & parlay bets.

    And cumulative net cash flow is the metric that really matters in the end.
     
    #25
  6. Onautopilot, Sep 22, 2016

    Onautopilot

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    I think is a matter of two realities here. One is, in fact real, in the sense that it was his money, a $500 non contract bet.

    The other reality, is a cumulative bet mindset, a commitment to the parlay, with no thought of regressing.

    Either way, it makes no difference really. :)
     
    #26
  7. random_roller, Sep 22, 2016

    random_roller

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    To me, there is no finality to the gaming session until I leave the craps table and color up. During the gaming session, I view chips from parlayed (and other) wins as unrealized gains, but not earnings, since I can still throw those chips back onto the table at any point.
     
    #27
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  8. James Hall, Sep 22, 2016

    James Hall

    James Hall Member

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    Once chips go into my rack I don't remove them untill I color up
     
    #28
  9. random_roller, Sep 22, 2016

    random_roller

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    If you're able to do that, you are a more disciplined bettor than I am. If memory serves, you previously mentioned you hardly ever bet on another shooter unless you know them well (paraphrasing). On the other hand, I will be on most shooters, though not as much (initially) as I would when I''m shooting.
     
    #29
  10. Settingcanthurt, Sep 22, 2016

    Settingcanthurt

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    The total reality is James is willing to risk the money he won, just now.

    We all play with money we either won or earned (or whatever got by entitlement) and as far as I know, there are no timeframes built in, where money won belongs to the winner.

    Broken down by sessions, original buy in, original bet amount, realized gains through outcomes, ownership is without question.

    JH point starts here. Realized gains becomes a tool. Outcomes being $5000 for both intended parties. Risk? $5.00 x 2
    If only the world were so perfect.
     
    #30
  11. Onautopilot, Sep 22, 2016

    Onautopilot

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    Yes, I play with that same mindset during a session also. To me it is strictly utility, the value I put on the money in my rack, but I do consider it my money when it is in my rack.
     
    #31
  12. James Hall, Sep 22, 2016

    James Hall

    James Hall Member

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    Many years ago I began to realize , what ever wins I might realize
    were lost back while waiting for 12 other shooters to roll and then for the dice to come back to me
    such is the case with most players , win some , lose it back
    I throw the dice when I 7out what ever I win I cash and leave
    if I don't win I cash and leave
    my rule 7 out win or lose I walk
    because of the way I play the most I can lose is $42 the amounts I can win are sometimes very large
    it takes discipline but doing it so many years now it is just habit brought about by the rules of each of the betting strategies we use
    if the rule says press we press ,
    if the rule says pull down we pull down
    sometimes the little voice says take your bets down , I take them down
    I NEVER GIVE IT ONE MORE ROLL I have in the past and it cost me nearly every time
    I tell THE guys , "TRUST YOUR INSTINCTS RELY ON YOUR TRAINING"
    It's about structured betting strategy / a plan
    plan your work work your plan
     
    #32
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  13. $nakeEye$, Sep 23, 2016

    $nakeEye$

    $nakeEye$ Member

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    And THAT, boys and girls is THE voice of experience speaking -

    HEED his advice !

    $...eE..$
     
    #33
  14. oldgrasshopper, Sep 23, 2016

    oldgrasshopper

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    I can't locate the thread, but Vegas Dice Controller posted a three stage press strategy outlining how he won 72K. I wanted to again post it here for further discussion. I thought this was well thought through, especially the math. Lends new meaning to the expression "make hay while the sun shines."
     
    #34
  15. James Hall, Sep 23, 2016

    James Hall

    James Hall Member

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    could some of the guys more familiar with this stuff , find and repost this , I would love to see it
    I like to see other winning strategies
    thanks
     
    #35
  16. Craps Poopshoot, Sep 23, 2016

    Craps Poopshoot

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    This is HIGH VOLATILITY CRAPS play. You typically see guys play such styles when they have a lot of money to flash around and are looking to attract attention to themselves. I seen such play in Vegas in the more 'Gangsta' casinos where the players have far better Basketball skills than I do! :D

    So, why would you wan to play like this? Mostly to show you got money, you got balls, and you got moves. Sure, it is about getting the girl, but it is also about showing the peeps in the casino who got the money and who has the hunny! LOL
     
    #36
  17. James Hall, Sep 23, 2016

    James Hall

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    but skilled shooters play it to maximize wins on the trends
    the nickle dimers won't they just don't know how
     
    #37
  18. $nakeEye$, Sep 23, 2016

    $nakeEye$

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    You do realize that he has 3 handles on this forum -

    The other 2 are Trend Setter Craps and Advantage Craps Player !

    $...eE..$
     
    #38
  19. Craps Poopshoot, Sep 23, 2016

    Craps Poopshoot

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    Snakebutt, are you worried that he might beat you in the number of accounts on this site? :D:D:D :eek:

    What are you up to now, three or is it four now.
     
    #39
  20. James Hall, Sep 23, 2016

    James Hall

    James Hall Member

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    I wish someone could find that post Oldgrasshopper referenced I would like to see it
     
    #40