I understand what you're saying. I don't know what technical analysis is. Okay. Are you on drugs?
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We've seen countless examples of AP's using TA all the time. For instance, even though they know that only random hands have occurred in the past and only random hands will occur in the future, when they are behind for the year they ALWAYS claim (aka, predict) that they know they will be ahead by year's end. Similarly, when someone like Alan posts major wins and identifies he is ahead for the year, they use the same TA to "predict" that he will be behind by year's end.
See qua & arci, they do exactly what you're saying cannot be done. And right before your eyes, time after time.
Sorry Rob they are not charting or using technical analysis. It's more like fortune telling hoping the math will work for them.
Has anyone ever been banned from a casino for money management at VP, or using VP special plays?
I'm pretty sure the answer is NO.
So I'm wondering why that is, given modern casinos' ability to track play. Why would they want someone playing there who routinely comes in and beats them year after year?
Anyone want to take a crack at this?
APs get banned all the time, so at the very least, this is proof of concept regarding their edge over the casinos.
I'm just making a general remark that money management strategies are meaningless, and do not help you win. (They do help you lose a bit less, though, as you quit your sessions earlier, thus running fewer -EV hands! Of course, a horrible bout of the flu would accomplish the same thing.)
If money management and/or special plays could turn you into a consistent winner, casinos would take notice, and you would no longer be allowed to play VP.
That was succinct, Dan. Well done.
Rob, however, is going to say that he was banned from casinos, therefore money managing gets you banned.
So we're back to correlation versus cause and effect. If you are banned from casinos, are you banned for that which you think you are banned? Or must you ask the casino to truly establish a cause and effect? In Rob's case, for example, it's possible they have schlong limits and they've read his online posts (elsewhere) regarding this, so that's why he was banned, not his style of play.
Where are all of the baccarat and roulette junkies? You'd think they'd be all over this thread beings as it's about "trending"
Dan, you claim that "AP's get banned all the time". Can you name even ONE example of that which comes with written or video proof? And you have seen where I've thoroughly debunked the self-confidence-building perceptions and proclamations about winning year after year at the same casinos while being showered with comps & gifts & even MORE invites, by arci & Dancer & Jean Scott just to name a few? How? With simple business common sense, in that no casino anywhere would knowingly allow such individual drainage.
And yes, I have used money management & special plays for years, and have actually been the only player anyone has ever seen or heard about who has published an actual ban letter in a LV gaming paper.
So please do tell more clearly what in the world you're talking about.
jbjb, you're giving us card counters in bj and not vp "AP's". We already know card counters aren't welcomed. And who cares what Indian casinos do? I got banned from Casino Arizona for simply TRAINING a player on how to win and quit with a profit.
Why do you call it nonsense? All I read about is how players on +EV paytables say that they will win because they are playing +EV paytables. That sounds to me like they are predicting the future, doesn't it? Doesn't it say to you that over the next XXX number of hands they will be getting winners to offset any previous losses?
And they say the opposite as well -- that if you are playing -EV you must lose. Isn't that more crystal balling the future?
By the way, I lost my crystal ball in the Northridge Earthquake. I don't predict, but I do pray a lot in casinos. And while people pray in churches and synagogues they really mean it when they pray in casinos.
If they are true APs they will say they have a good probability of winning. I suspect you aren't nuanced enough to understand the difference.
Once again you are wrong. There is a good probability they will lose.
Sounds like you also lost your ability to understand the English language.
Arc, if you really believe each hand is random (and you say it is) then what has come before will have no bearing on the next hand you play. To say that you are playing a +EV game or machine means nothing except for that one single hand.
Now, are you telling me you can string together one +EV hand after another?
Well, in that case, looking at charts with trend lines should also work.
This thumbing one's nose at probability theory gets old. If Alan wanted to ascertain who is likely correct, arci or Rob, there's nothing that prevents him (a respected journalist) from simply asking a collection of people who teach probability or have doctorates in gaming theory. Alan could simply google the local experts in universities and ring them up. Most would be more than willing to have lunch and spell things out.
This never gets done.
The time wasted writing and phrasing and bantering back and forth is much more than the time required to ask credentialed experts what the truth is. Alan is actually perfectly positioned, in terms of reputation, to quickly get the answers to the matters in question.
He prefers to leave the uncredentialed and anonymous snipe at each other without providing a logical conclusion to the questions.
Our loss.
Im not arguing with probability theory. What I am simply saying is that I have asked for information here to INVESTIGATE whether stock market technical analysis can be used in gambling. Instead of anyone providing me with any data to chart and to determine whether or not it's applicable or not, I get the usual SPAM about probability theory, +EV and everything else BUT some INVESTIGATION into what I initially asked about.
What have we got here?
1. People who have no idea what technical analysis is.
2. People who have no idea what technical analysis is.
3. People who have their own agenda about what they want to discuss.
One of the basics of TA charting is to look at trends. In order to win at a +EV game you also must have a trend of more winners than losers. Hence we have something in common.
So, we do have a common thread here and it is not a challenge of "probability" and redietz there is no need to contact any professorial group.
What I would like to see is some data on the fluctuations of credit meters -- and if you give me the credit meter data from +EV I'll take them.
And for the rest of you who don't have a clue about charting for TA please start another thread for your static.
Anyone can start a thread. Be my guest.