When would you walk away from the craps table?

Discussion in 'General Craps Discussion' started by random_roller, Jul 28, 2016.

?

At what point (financially) would you quit playing a craps session?

  1. After winning 10% of my total buy in.

    2 vote(s)
    9.5%
  2. After winning 25% of my total buy in.

    3 vote(s)
    14.3%
  3. After winning 50% of my total buy in.

    1 vote(s)
    4.8%
  4. After winning 100% or more of my original buy in.

    2 vote(s)
    9.5%
  5. After losing 10% of my total buy in.

    0 vote(s)
    0.0%
  6. After losing 25% of my total buy in.

    3 vote(s)
    14.3%
  7. After losing 50% of my total buy in.

    7 vote(s)
    33.3%
  8. After losing 100% of my total buy in.

    1 vote(s)
    4.8%
  9. When the ATM will no longer given me money.

    0 vote(s)
    0.0%
  10. Not unless I"m kicked off the table or out of the casino. Quitters are for losers!

    2 vote(s)
    9.5%
  1. random_roller, Jul 28, 2016

    random_roller

    random_roller Member

    Joined:
    Apr 30, 2015
    Messages:
    4,011
    Likes Received:
    5,348
    How much would you have to win or how much would you be willing to lose before walking away from the craps table? Tabletop asked a similar question in another thread but was apparently too busy (okay, too damn lazy -- call it like it is!) to start a new thread, so I'm stealing his idea with absolutely no shame on my part.

    I used percentages rather than dollar amounts because buy ins will differ (perhaps significantly) across voters.
     
    #1

  2. 7uwin

    7uwin Member

    Joined:
    Nov 22, 2015
    Messages:
    548
    Likes Received:
    549
    Gender:
    Male
    I know it sounds boring but my win goal is 2.5% reach that and I cant cash out quick enough
     
    #2
  3. random_roller, Jul 28, 2016

    random_roller

    random_roller Member

    Joined:
    Apr 30, 2015
    Messages:
    4,011
    Likes Received:
    5,348
    I should be more like you, but....I'm not, lol.

    I probably could have made the responses as tiers, but I was trying to keep it somewhat simple. It won't let me add another selection -- perhaps I have reached the limit. It doesn't appear I can edit one of the existing selection, either.
     
    #3
  4. tabletop123, Jul 28, 2016

    tabletop123

    tabletop123 Member

    Joined:
    Jul 12, 2013
    Messages:
    7,564
    Likes Received:
    5,530
    Dang........2%? WOW, & i thought i was conservative! What is your buy-in? $5 000?
     
    #4

  5. 7uwin

    7uwin Member

    Joined:
    Nov 22, 2015
    Messages:
    548
    Likes Received:
    549
    Gender:
    Male
    2.5% I have a 10K line of credit my win goal is $250 my loss limit is 2K
     
    #5
  6. tabletop123, Jul 28, 2016

    tabletop123

    tabletop123 Member

    Joined:
    Jul 12, 2013
    Messages:
    7,564
    Likes Received:
    5,530
    Okee Dokee! Not a bad way to play!
     
    #6
  7. HornHiYo, Jul 28, 2016

    HornHiYo

    HornHiYo Member

    Joined:
    Jul 20, 2015
    Messages:
    3,174
    Likes Received:
    2,464
    I base my walk on gut feeling and dollars.

    For the dollars I have two sets of standards; one for losing and one for winning.

    My buy in (session stake) is one one hundredth of my total bank and I'm willing to risk it all.

    In losing sessions I play until I run out of time, get sick of playing, or go bust.

    In winning sessions I like to play until I run out of time or get tired of playing. I have a goal of winning X dollars and when I reach X I lock up my buy in along with half of X.
    I play off the remainder trying to reach X again, lock up half, rinse and repeat.
     
    #7
    EddieT and 7uwin like this.
  8. Onautopilot, Jul 28, 2016

    Onautopilot

    Onautopilot Member

    Joined:
    Jan 24, 2015
    Messages:
    9,405
    Likes Received:
    6,765
    Gender:
    Male
    Mine is not strictly fixed, although I have a win goal in mind when I start. For me, it is that old "utility" thing....what are the dollars in my hand worth to me at that given moment. That utility changes from time to time.

    But if you want specific.....I'm with 7uwin, around 5% of my cash at hand, which is $2,000.

    In the old days, it was never enough...I wanted the deed to the casino, and the one across the street too. :)
     
    #8

  9. 7uwin

    7uwin Member

    Joined:
    Nov 22, 2015
    Messages:
    548
    Likes Received:
    549
    Gender:
    Male
    This was how I played when I was younger strictly for the big win and I would play for hours and hours until they broke me or I made a score,
     
    #9

  10. 7uwin

    7uwin Member

    Joined:
    Nov 22, 2015
    Messages:
    548
    Likes Received:
    549
    Gender:
    Male
    Not a bad way to fly HornHiYo
     
    #10
  11. lone irish digit, Jul 28, 2016

    lone irish digit

    Joined:
    Jan 3, 2015
    Messages:
    3,767
    Likes Received:
    4,596
    I'm not sure if I could do that. During most times of the year my buy in would be for $5 and I might last 3 tosses.
     
    #11
    7uwin and HornHiYo like this.
  12. tabletop123, Jul 28, 2016

    tabletop123

    tabletop123 Member

    Joined:
    Jul 12, 2013
    Messages:
    7,564
    Likes Received:
    5,530
    LMAO!
     
    #12
  13. eagleeye2, Jul 28, 2016

    eagleeye2

    eagleeye2 Member

    Joined:
    Apr 19, 2015
    Messages:
    3,406
    Likes Received:
    572
    Gender:
    Male

    Yep, & the Pope Has Wings & can FLY!

    eagleeye2
     
    #13
  14. HornHiYo, Jul 28, 2016

    HornHiYo

    HornHiYo Member

    Joined:
    Jul 20, 2015
    Messages:
    3,174
    Likes Received:
    2,464
    I have enjoyed the game for many years and found something that suits me. It's not a bad way to fly but it is a single seater. That is I go alone so I'm the only one that can influence my table time and goals.
     
    #14
  15. KokomoJoe4, Jul 28, 2016

    KokomoJoe4

    KokomoJoe4 Member

    Joined:
    Sep 28, 2013
    Messages:
    5,739
    Likes Received:
    4,588
    Location:
    Cranberry Twp, PA
    When winning and on a roll, I would quit either when carried out dead on a stretcher or with the first big loser.

    When losing, usually with the loss of 50% of buy-in.

    Hopefully in both cases, the exit happens in the 20-90 minute time frame. Many and short sessions seem to suit me best.
     
    #15
  16. James Hall, Jul 28, 2016

    James Hall

    James Hall Member

    Joined:
    May 15, 2016
    Messages:
    16,881
    Likes Received:
    2,395
    Gender:
    Male
    eagleeye
    would 7uwin do better if he raised his win limit to 2k and lowered his lose limit to $250 ?
    what would happen if he had no win limit and he just quit when the numbers stopped coming up
    and the dice got cold??
    any advise
     
    #16
  17. EddieT, Jul 28, 2016

    EddieT

    EddieT Member

    Joined:
    Jun 14, 2016
    Messages:
    226
    Likes Received:
    39
    Gender:
    Male
    Get Emm Lone Irish! Come on you can do it! Cmon you can win if you put your mind to it.:)
     
    #17
  18. eagleeye2, Jul 28, 2016

    eagleeye2

    eagleeye2 Member

    Joined:
    Apr 19, 2015
    Messages:
    3,406
    Likes Received:
    572
    Gender:
    Male

    James Hall,

    Absolutely, I only see three reasons to cash out your chips:

    1) The table is ""COLD"", Dice have gone around & no one has had a good roll, few "profit chips" on the table ~ Likely not a good table pick to start with. You should have recognized table conditions along the way & played conservatively, or left earlier.

    2) Your Gain Reaches or Exceeds 5 times your buy in, as the Casino knows what you bought in for & about what you Color Out for (minus any chips you Rat Holed). Exceeding 5X numerous times definitely gains attention to you, regardless of who was shooting the dice.

    3) You have played for about two hours & have no reason to want to go around again to pick up that best roller on the table. This is purely a stamina out, only stick around if you continue to build towards that 5X level.

    With a 10 K Line, one should be buying in for some $500, as it improves ones comps & with that HOT table (that only comes about 20% of the time) you are fooling yourself big time with a $ 250 profit cash out.

    Also, that $500 buy in allows for a $2500 profit cash out, without drawing significant heat.
    Do not forget that on that Cold Table, you should be cashing out well before that $ 500 Buy In was reached.

    eagleeye2
     
    #18
  19. HornHiYo, Jul 28, 2016

    HornHiYo

    HornHiYo Member

    Joined:
    Jul 20, 2015
    Messages:
    3,174
    Likes Received:
    2,464
    Boys boys the topic is "When would you walk away from the craps table"
    NOT "How do you think someone else should bet or should play"
     
    #19
  20. Settingcanthurt, Jul 29, 2016

    Settingcanthurt

    Joined:
    Jul 31, 2015
    Messages:
    4,975
    Likes Received:
    3,498
    Gender:
    Male
    Location:
    Flyover below the tundra
    I need two votes
     
    #20