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I have just posted a zip file containing a collection of all the show closes I
produced during mt stretch on the show. The redundant parts have been edited
out, and I've added a few introductions to explain the creation process where
applicable.
It can be found at the bottom of my Radio Show Page:
https://www.progressivevp.com/radio_show.php
Hope you all like it.
~FK
Wow, Frank. Just listened to the start of show #1 and you talk about how you've only had three losing months gambling in your whole life. "But wait, there's more!" as we say in the TV infomercial business. You revealed that you have a win goal of perhaps $100 a day and may gamble for only a few MINUTES a day and you said you might be in a casino for 12 hours but gamble for only five minutes to make that $100 goal.
I like that!!
Now, does this put you at odds with the advantage players who say win goals are meaningless as long as they are playing a game with a positive return?
And thanks for posting the links on your site and here.
I'll have to re-listen to my first show to know what you are talking about. It sounds like you are making a reference to when I played Flush Attack for a year. With that particular game, one averaged playing about 5 min out of each hour, the rest of the time was spent waiting for the next light (I read books to pass the time).Quote:
Originally Posted by Alan Mendelson
I have no idea what you mean by a "win goal" and I'm quite sure that wasn't exactly what I said. I have no win goals, nor do I fully understand the concept. I'd like to make as much money gambling as is possible, as I'm sure most people would. As primarily a high progressive player, my only regular goal was to hit the progressive or play until my relief got there.
As far as advantage players saying, "win goals are meaningless" I'd have to understand what they are first before I would have an opinion. I have not heard this before.
Does this clarify things?
In show #1 from February 3rd while you and Bob were discussing your backgrounds, after talking about your emergency field promotion to manage the slot team because the team manager had a problem, you said:
"I go for really, really safe, really, really risk-less plays. And I am happy walking around through casinos for 12 hours a day and playing for five minutes to make a guaranteed fifty to 100 dollars rather than sit at a machine and playing it for 8 hours. Really different mentality."
You also said you only had three losing months in your entire gambling career.
Please clarify.
I'm not Frank, but quit when you are ahead is a pretty easy concept to understand, even if it is only $100 for the day. I had 3 hours to kill two weeks ago before returning my rental car to DTW so I thought I'd check out the Motor City casino in downtown Detroit. I walked around the place for about 20 minutes just to check it out (it is a pretty cool casino) before I sat down to play some DDB VP at a 25 cent bartop machine slipping a $20 bill into it. I hit 4 A's with a kicker in about 5 minutes after I sat down. I hit the cashout button after giving back some of the $200 hit (a $180 tito), and again walked around for a little while before leaving. While I wanted to hit a royal (I've only hit one this year), I wasn't going to give back all of of what I won chasing it. You don't have to hit a royal to make money playing VP.Quote:
Originally Posted by Alan Mendelson
No I'm sorry to say the concept of quitting when you are ahead doesn't make any sense to me. If I had applied that logic I would have had to quite playing 23 years ago and never played again, as I have always been "ahead". Here's several scenarios I can think of for playing and in none of them does quiting when you are ahead ever enter into the equation.Quote:
Originally Posted by BobOrme
1. You are playing because a progressive is up very high. You sit down and in your first 10 minutes of play hit a four of a kind and get up $100. You weren't there to hit four of a kinds and the progressive is still up. If you leave it is unlikely you'll find as high a progressive anywhere else or the following day, so all the reasons you sat down are still valid and leaving is counter-indicated.
2. You are playing because of some promotion which runs during a set period of time. Nothing that you hit or don't hit during this promotion time has the power to terminate the promotion, so if you did leave after getting up $100 you would be walking away from the same situation that existed when you sat down. If it was good enough to play, then it's good enough not to leave. Being ahead or down changes nothing.
3. You are playing to earn comps and or mailer, this requires a set amount of play (or action). For arguments sake let's say you need $10,000 in coin-in. If you leave as a result of your short-term result before getting to the $10,000 coin-in mark you will only succeed in failing to reach your goal.
When you make the decision to sit down and play a casino game you take into consideration several factors, and the only factor that can be influenced by your result would be if you hit the progressive and terminated the play...but even in this scenario it's not that you are ahead or behind that ends the play it because the situation that caused you to sit down has changed.
Think of it like this.
A + B + X = A decision to play (these variables can be anything, but must be limited to what you could know before playing)
Therefore: For the decision to leave A, B, or X would have to change.
If none of the things that made you sit down have changed then why would you leave???
To better understand where you are coming from and why you would think leaving after being up $100 would be a good idea, we need to look and the logic behind what made you play in the first place. If you could, please explain the factors that made you sit down and play originally, then we can see if any of them are influenced by a short term positive result. I'm not seeing the correlation.
Frank your three reasons (above) are the justifications of a video poker professional. This is your job. The rest of us - the non pros - would like to win progressives, but we can let it go because we probably don't have the proper bankroll that pros have to go after it; we've been lectured to about not playing for comps and not playing for promotions -- so we don't. We play for what we consider to be a comfortable amount of money and time.
It was said that, "quiting when you are ahead is a pretty easy concept to understand". I'm saying that it is not an easy concept for me to understand at all. I see no logic in it whatsoever. Apparently what you are telling me is this is because there is no logic in it and it is an emotional decision. I find that bizarre. There are so many things in life that one cannot use a logical mathematical reasoning to resolve, it seems very imprudent not to use logic when it is so easy to apply to anything gambling related. I leave you with this quote:Quote:
Originally Posted by Alan Mendelson
"The Reader may here observe the Force of Numbers, which can be successfully applied, even to those things, which one would imagine are subject to no Rules. There are very few things which we know, which are not capable of being reduc'd to a Mathematical Reasoning; and when they cannot it's a sign our knowledge of them is very small and confus'd; and when a Mathematical Reasoning can be had it's as great a folly to make use of any other, as to grope for a thing in the dark, when you have a Candle standing by you." ~Dr. John Arbuthnot (1667 - 1735)