On Fri, 14 Dec 2012 16:38:11 -0500, Andrew <Re...@Group.only> wrote:
>Hi Alan,
>
>Thanks for the reply.
>Basically what's always worked best for me is a modifiied Grinder type
>of play. That means starting with min. PL with X1 odds until ahead,
>increasing to X2 when results are going my way, falling back to X1
>or even no odds when things inevitably turn cold.
>
>Along the way I will play more Hardways and/or craps checks or
>Hi-Lo Yo's when ahead. My goal is always to quit at least 25% ahead
>on total bankroll but of course I use a rolling stop loss because I
>think you should never quit when you're winning. Occasionally, I
>might try to rob a Field bet when you get those kinda runs that "seem"
>to favor that. I rarely Place bet as it just never seems to work out
>for me - go figure. The idea is to play PLX2odds and maybe Comex2 odds
>and when the table is right this is usually my best play.
The fact that place bets have not worked out for you in the past is no
indication of the future. In general, one's own experience is too
small a sample from which to draw conclusions, but it's difficult not
to.
>Very unscientific I am sure but I'm currently doubled on my small
>bankroll and looking good. Previously, I used my winnings for bills
>but this time I'm going to try and see how far I could get with it.
>But I don't see how more play is worse sense you can vary your bets.
The more you play, the luckier you have to be to get or remain ahead.
That's a simple fact.
>I always thought the trade off was more play time versus greater
>variance. Couldn't more play time mean more small wins and more
>variance mean more losses as easily as their reverse outcomes?
More variance could absolutely mean larger losses, although not more
losses. High variance combined with low HA gives the highest
probability of overcoming the expected loss, but is balanced by the
losses being of greater magnitude.
If you use Wincraps to simulate your method of play for 10 or 20,000
sessions, you can see the shape of the resulting graph. That's what's
"out there", but the dice will select for you a relatively tiny sample
of those possible sessions.
>
>and Merry Xmas to You & Yours,
>
Same to you,
Alan