Pressing Bets

[regnis]

Years ago there was a group of Hawaiians that played like that downtown.

Let me guess: at the Cal?

Weird that the Cal only offers double odds and its sister / adjoining property, MSS, offers 20X odds.

Those Hawaiians seem to play an aggressive game.

You are correct Mr. V. It was fun to play with them at times, but also a little too intense.

[Alan Mendelson]

I think the traditional way (RS___ mentioned this term) keeps you at the table longer so you can catch the monster roll.

In the past two or three years I've been at a table with a 45+ minute shooter maybe only three times.

Even on a 45 minute roll, you’re not going to be winning that much. Hanging out at a table for hours and hours, waiting for that long roll, is just really boring to me. For someone like Alan who enjoys playing for longer periods of time, then the power pressing way probably isn’t for you, since you’re pretty much constantly throwing money at the table until you get a decent roll. If it’s constant PSOs, or worse — everyone’s hitting each number 2 times, then you’re really bleeding.

Regnis, something else you can do, or if you only like the 6/8, is to bet $90 on each, if one hits drop $15 and press both to $150, then when it hits again drop $5 and press both to $240. Interestingly, it costs $200. You can do the same thing with $40, bet $18 on each, drop $3 then $1, although those amounts are kinda wonky.

RS__ I really wonder if you were a craps deslet? Not win a lot of money on a 45 minute roll? Are you bullshiting me?

Give me a ten minute roll and I can and have made $200 with my baby step presses. Give me 20 minutes and I'll make $400. Not bad for a $52/54 start. And that doesn't include passes with odds.

And thanks for telling us about your imaginary power pressing. Did you read about that on WOV?

[Alan Mendelson]

Of course Rob doesn't Martingale, but the term Martingale has such negative connotations that his critics gladly use it.

As the book reviewer said Rob's system is the spiritual cousin of the martingale.

How many book reviews would you like to see where it says it's not a Martingale?

(Hint: I know plenty of bloggers.)

[RS__]

I think the traditional way (RS___ mentioned this term) keeps you at the table longer so you can catch the monster roll.

In the past two or three years I've been at a table with a 45+ minute shooter maybe only three times.

Even on a 45 minute roll, you’re not going to be winning that much. Hanging out at a table for hours and hours, waiting for that long roll, is just really boring to me. For someone like Alan who enjoys playing for longer periods of time, then the power pressing way probably isn’t for you, since you’re pretty much constantly throwing money at the table until you get a decent roll. If it’s constant PSOs, or worse — everyone’s hitting each number 2 times, then you’re really bleeding.

Regnis, something else you can do, or if you only like the 6/8, is to bet $90 on each, if one hits drop $15 and press both to $150, then when it hits again drop $5 and press both to $240. Interestingly, it costs $200. You can do the same thing with $40, bet $18 on each, drop $3 then $1, although those amounts are kinda wonky.

RS__ I really wonder if you were a craps deslet? Not win a lot of money on a 45 minute roll? Are you bullshiting me?

Give me a ten minute roll and I can and have made $200 with my baby step presses. Give me 20 minutes and I'll make $400. Not bad for a $52/54 start. And that doesn't include passes with odds.

And thanks for telling us about your imaginary power pressing. Did you read about that on WOV?

You consider $400 to be a lot of money? I should have emphasized you won't make that much money relative to how infrequently a 45+ minute roll occurs.

I've dealt plenty of times on a 30 or 45 minute plus roll. It always amazed me that people would still be playing with something like $22 inside and finally after forever press their six to $12. Everyone plays their own way and enjoy how they play, but I'd be bored to tears doing that.


Assume $64 across including, 2 rolls per minute, bets always working. You'll see (average) 3 twos and twelves, 6 threes and elevens, 9 fours and tens, 12 fives and nines, and 15 sixes and eights (each). If you press by $5 or $6 per hit, you'll get profit $3,748. Betting $160 across (including) with power pressing, you'd profit $79,474 for the same roll, even on a table with a table max of $2k. Of course, you're not likely to see the exact amount of each number as expected....you'd maybe see more nines and fewer eights, or whatever, for example. If I'm on the table for a 45 minute roll, I wouldn't be super thrilled about making ~$4k.

Again, that's just the way I play, when/if I do play, which is rare....since I don't go to the craps table to play for entertainment. Last time I played was about a year ago.


But hey, you asked how people played and pressed their bets and I answered. Don't know what you're in a big huff about.

[Alan Mendelson]

I think $400 profit is a lot of money when you start with $52 or $54, yes.

Of course I don't know of $500 an hour advantage plays like you.

And frankly not only do I think I'm the only person here who doesn't exaggerate, but I think I'm the only person here who admits to losing while the rest of you lie about it.

[Bill Yung]

Of course Rob doesn't Martingale, but the term Martingale has such negative connotations that his critics gladly use it.

As the book reviewer said Rob's system is the spiritual cousin of the martingale.

How many book reviews would you like to see where it says it's not a Martingale?

Don't have to see any, one way or the other, to know that it's a Martingale for slot machines. Different payouts each have their own Martingale equivalent. For one-to-one payouts, the Martingale involves doubling. But even something less than a double leads to completely the same result.

You can have an advantage in edge, and still always lose by such a negative progression. Incidentally, in case you didn't know it, "pressing" your bets is the same as a positive progression betting. The opposite of negative progression betting. Similarly, going up by any amount after a win is still positive progression betting.

[Alan Mendelson]

For those of you who think Rob's system is a Martingale, does that include the part of his system when bets are REDUCED?

[mickeycrimm]

Of course Rob doesn't Martingale, but the term Martingale has such negative connotations that his critics gladly use it.

As the book reviewer said Rob's system is the spiritual cousin of the martingale.

How many book reviews would you like to see where it says it's not a Martingale?

(Hint: I know plenty of bloggers.)

In the marty you bet more when losing. Rob bets more when losing. In the marty you reduce your bet when you catch up. Rob reduces the bet when he catches up. Rob's tactics are a marty variant plain and simple. Nothing more, nothing less. Nothing you can say will change that.

Craps is for losers, pimps, drug addicts, welfare queens, street tramps, gambling addicts and noodle slurping minorities.

[quahaug]

I don't see it as a true martingale either. It does suffer the same flaw however which is a bad run leading to the loss of all your dough or reaching max bet so you have to stop the playing the system at a big loss.

[mickeycrimm]

For those of you who think Rob's system is a Martingale, does that include the part of his system when bets are REDUCED?

Alan, you really need to wake up to Rob's "claims." This is a guy who admittedly lost $250,000 from 1990 to 1996 playing the game. He filed for bankruptcy in 1996 stiffing his creditors. Then he supposedly comes up with a $170,000 bankroll to continue to play the game. One of his latest statements is that he made 1.4 million from 1999 to present playing video poker. If you believe him and do the math then he would have made 1.1 million from 1990 to present. If you believe him then that's about $40,000 average per year over 28 years. And he also claims to have spent the money and didn't pay any taxes. And now the guy claims to have payed cash in the last several years for 3 homes, worth about a quarter million each, plus payed cash for 2 mobile homes.

Alan, you are an investigative journalist. Can't you find any holes in this story?

[slingshot]

I apologize for ruining this thread. I merely thought I recognized some Martingale aspects in "pressing". It was a learning experience for me. My only two interests are VP and jaunts to the so called penny machines- which was for my wife's entertainment. She no longer goes, so I play them after a VP session for entertainment.

[mickeycrimm]

I apologize for ruining this thread. I merely thought I recognized some Martingale aspects in "pressing". It was a learning experience for me. My only two interests are VP and jaunts to the so called penny machines- which was for my wife's entertainment. She no longer goes, so I play them after a VP session for entertainment.

No big deal, sling. Your hero Argentino has shit on every thread I ever started on here.

[Half Smoke]

the best method of playing a negative expectation game (but not a winning system) is MAXIMUM BOLDNESS

if you have budgeted $500 then your best effort would be to bet it all on pass or don't pass or $250 on the 6 and $250 on the 8. These are the lowest house edge bets except for free odds. Free odds bets would be better but they carry too much variance.

take your money after one win.

you can then play a little more for entertainment value if you win with much smaller bets with a stop loss of $100 if you bet pass or don't pass or a stop loss of $50 if you bet on the 6 or 8.

most people will not play using this method because they can't stand the fact that they could be knocked out of the game with just one resolution

but it's still the best method. if you play for a long time the house edge is much more likely to grind you down. if you do this with don't pass or pass the expected dollar loss on your bet is just about $7.50. If you bet $25 100 times your total action is $2500 and your expected dollar loss is about $37.50. Of course, if after winning you play on with a stop loss of $100 this will increase your expected dollar loss somewhat.

if you played this method in 100 visits to the casino with pass or don't pass you would win on average about 49 times and lose about 51 times. you would actually do slightly better than this.

you would win much more often if you split your bet in 2 with the 6 and 8 and came down after 1 win but you would win much less

[FABismonte]

Years ago there was a group of Hawaiians that played like that downtown.

Let me guess: at the Cal?

Weird that the Cal only offers double odds and its sister / adjoining property, MSS, offers 20X odds.

Those Hawaiians seem to play an aggressive game.

I was at the Cal this summer and played some craps. Yes, there were a lot of Hawaiians. But unless the table is hot, there are a lot of long faces as many of them start pressing aggressively. That afternoon -- a lot of long faces.

BTW, I never understand why the Cal and the sister casino Fremont have only double odds -- the worst in Vegas. Meanwhile fellow sister Main Street Station has 20 times. Anybody have a theory to explain this?

[FABismonte]

As for my own pressing. Aside from my passline, I like to set up $30 on the six and eight. After three hits on a number I start alternatively "press" then "same bet" . While I dream of going "to infinity and beyond" I don't remember actually getting very far up the ladder.

FAB

[RSC]

For those of you who think Rob's system is a Martingale, does that include the part of his system when bets are REDUCED?

Alan, you really need to wake up to Rob's "claims." This is a guy who admittedly lost $250,000 from 1990 to 1996 playing the game. He filed for bankruptcy in 1996 stiffing his creditors. Then he supposedly comes up with a $170,000 bankroll to continue to play the game. One of his latest statements is that he made 1.4 million from 1999 to present playing video poker. If you believe him and do the math then he would have made 1.1 million from 1990 to present. If you believe him then that's about $40,000 average per year over 28 years. And he also claims to have spent the money and didn't pay any taxes. And now the guy claims to have payed cash in the last several years for 3 homes, worth about a quarter million each, plus payed cash for 2 mobile homes.

Alan, you are an investigative journalist. Can't you find any holes in this story?

Alan is the guy who lies about seeing 18 yo’s roller in row on a craps table. Is it any wonder he’s teamed up with the biggest greaseball snake-oil merchant in the business? Two douche bag bullshit artists hand in hand. Why are you surprised one is defending the other?

[Keystone]

For those of you who think Rob's system is a Martingale, does that include the part of his system when bets are REDUCED?

Alan, you really need to wake up to Rob's "claims." This is a guy who admittedly lost $250,000 from 1990 to 1996 playing the game. He filed for bankruptcy in 1996 stiffing his creditors. Then he supposedly comes up with a $170,000 bankroll to continue to play the game. One of his latest statements is that he made 1.4 million from 1999 to present playing video poker. If you believe him and do the math then he would have made 1.1 million from 1990 to present. If you believe him then that's about $40,000 average per year over 28 years. And he also claims to have spent the money and didn't pay any taxes. And now the guy claims to have payed cash in the last several years for 3 homes, worth about a quarter million each, plus payed cash for 2 mobile homes.

Alan, you are an investigative journalist. Can't you find any holes in this story?

Alan is the guy who lies about seeing 18 yo’s roller in row on a craps table. Is it any wonder he’s teamed up with the biggest greaseball snake-oil merchant in the business? Two douche bag bullshit artists hand in hand. Why are you surprised one is defending the other?

Excellent point

[Alan Mendelson]

So let me get this right: none of you expert gamblers have ever played 25-cent video poker and lost, but then moved up to $1 video poker and hit something like quad 3s that wiped out your previous losses at the 25-cent level?

[RS__]

So let me get this right: none of you expert gamblers have ever played 25-cent video poker and lost, but then moved up to $1 video poker and hit something like quad 3s that wiped out your previous losses at the 25-cent level?

Of course. But we generally find the 'best' game to play and just stick to that for a given session. I might play 25c denom at one casino, $5 denom at another, and 5c at some other place. Sometimes it's the other way around, where you play 5c (like 50 or 100 play) and you hit a bunch of royals, dealt four of a kinds, etc. then you go play $5 (single line) at another casino and get crushed.


Not sure why you think we lie and say we never lose. The closest to that is MC, but the stuff he plays is high edge and lot of quantity, even though it's for low denom. That kind of stuff is an anomaly, for the most part (as far as almost always winning every day, AFAICT). I lose all the time. I also win all the time. Overall, my wins and losses add up to a net win. Most of it is pretty simple math, TBH.

[Alan Mendelson]

Best game RS__ ? Since when is the best game determined by denomination? Red Rock, for example, has 8/5 Bonus Poker at 25-cents thru $25 per coin.

Yesterday I had a win goal of $100 at 25-cent 8/5 Bonus Poker. I lost $100. I put my next $100 bill in at the $1 level and hit a full house and a flush and then quad 3s for $200.

Did I Martingale?