Ah yes, my younger brother married one of those freckled red heads. Lovely photo, Alan.
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Ah yes, my younger brother married one of those freckled red heads. Lovely photo, Alan.
If she's as beautiful on the inside as she is on the outside she's your biggest win this year by far.
When Jason and his girlfriend met her, Jason said "jackpot!"Quote:
Originally Posted by pkspins
Here's the best reason why you should want to quit after reaching a pre-determined win goal: because you said you were going to do it, and because there was a reason why you said you were going to do it. When you make changes on the run because you are unable to do what you said and because you just cannot leave the action (and yes, that's what it is) then you will never know when you're going to stop in the midst of it all. That's how most wins are squandered. I'm sure you already know that. Excuses like playing for a reduced jackpot win since the win came out higher than your original stop-win goal is only justification for playing on because you know you cannot stop. Most people do this, and most people lose.
Rob having a plan that includes a rising stop-loss is also something you do in advance. With a rising stop loss you are saying to yourself "I have reached my objective but now I have some extra money to try to win more." Here is an example:
You are playing $1 Bonus Poker with a $300 win goal. Several medium sized wins give you a profit of $200... and then you hit AAAA for a $400 win. Your total win at this point is $600 which surpasses your $300 win goal. So, you start a stop loss. Of that $600 profit you put $450 in your pocket which leaves you $150 to continue playing.
There is no guarantee you will win anything more -- but that big win of $400 with AAAA gave you the opportunity to both enjoy what you're doing AND the possibility that you might hit another winner or two.
With a rising stop-loss, you never lock up less than your original win goal amount.
Not buying any of that Alan. All a rising win goal means is that it's a pre-determined plan that will make you keep playing when you know you can't stand to stop playing. That's all it really is--in justification form. It's still way better than having no plan at all, but it comes up short on the self-control factor, which is an absolute necessity when gambling.
According to Alan, a baseball player should refuse to play if he gets hit in his first at bat.
I don't want to have a dog in this fight, but I am going to say I did discuss trailing stop-losses with Rob way, WAY back in 2005 on a very old VPFree group setting. He basically told me VP is far too addictive of a game for that.
I found it interesting Rob is saying the same thing this many years later, so he stuck to his guns!
Anyway, huge congrats to Alan on a terrific 2015 with those big royals. Nice going!:cool:
VP is the crack cocaine of a casino.
Congrats Alan as it certainly looks like you truly did hit the jackpot with this lovely red headed beauty. Much happiness and joy in the coming years for both of you.
Arc if you are reading this, someone hacked your account and posted this ridiculous, idiotic statement.Quote:
Originally Posted by arcimede$
But just in case you did write this, if you meant he was hit by the pitch in his very first at bat and suffered a concussion, perhaps he should refuse to play in the future. LOL
Just a typo .... left out the word "a". It should have read . "a baseball player should refuse to play if he gets **a** hit in his first at bat."Quote:
Originally Posted by Alan Mendelson
After all, he's probably met a "goal".
Thanks for clarifying. Again, your "hacker" got this analogy wrong. No ball player takes the field hoping to get just one hit.Quote:
Originally Posted by arcimede$
Few gamblers play to just win one jackpot.Quote:
Originally Posted by Alan Mendelson
The point is after that hit he is hitting 1.000 for his game/session. With the vast majority of players their game/session batting average will go down with more play. Sounds like the perfect place to execute the Alan Mendelson win goal.
Yes, there's a reason I am making this sound ridiculous. It is just as silly as claims that quitting at some point in a gambling sessions improves your long term results.
Let me try a one word response:Quote:
Originally Posted by arcimede$
NO.
Let me try another one word response.
Denial.
Alan doesn't take too well to analogies. Whenever analogies are purposely ridiculous (to show how ridiculous his logic is), he says how stupid the analogy is....not realizing, he's talking about his own logic.
Show me a "record book" for highest batting average for the fewest number of at bats.Quote:
Originally Posted by RS__
Go ahead. Show me.
I don't even know what you're asking, to be honest. Point is: You read an analogy then twist it around. It's not meant to be taken literally. It's a comparison between two (idiotic) ideas.Quote:
Originally Posted by Alan Mendelson
It's like an "AP" clown show again.
Talk to or at least read what Bill Belichick says. "Last week's win & Tom Brady's performance means nothing as we go into this next game. Our success (or failure) over the past decade means nothing. The only thing that matters is our next game, his next pass, etc."
There's your analogy to gambling sessions and results. Long term results are only there for a measurement and stats for others to talk about. They are history. The only important statistic is the next game's result and Tom Brady's next game completion rate. And once that game is over he can enjoy the win or whine about the loss for a week, but it is forever over. A new individual game is coming up.
Wise up guys.