Originally Posted by
kewlJ
Originally Posted by
monet
I seen mcap say something about meters and progressives won't pay the bills but I would beg to differ on that subject.
Seems I may not be the only one here that sometimes doesn't recognize sarcasm monet.
Mcaps comment was in reference to Rob Singer, who during various discussions about EV in blackjack, refers to EV as "phantom bucks" that can't pay the rent or buy groceries. In this case perhaps mcap should have called it "phantom credits".
Both are equally wrong. In this town, there are lots of rents, mortgages, groceries and other bills that get paid on the backs of meters, progressives (machines, not betting systems) and blackjack EV.
It's the misleading way you guys word this stuff. Why not say it the way the theory is REALLY supposed to work? As such...."I only play machine progressives that, theoretically, are in a positive enuf range for me that it's worth trying for. However, I know nothing is guaranteed, and if I find myself going 200,000 hands between royals or in a dry streak on the slots etc.--or both--then unless I've saved enough cash in my accounts, have a generous rich uncle, or married into easy money, then all that wonderful beautiful EV ain't worth dick."
You people get in trouble when you try to make others believe it's inevitable that any and all losing days or streaks will naturally, eventually turn, because "the math doesn't lie." But it doesn't lie for the casinos either, who 100 per cent KNOW they're going to win over time. You don't. In other words, you guys try to convince others that when losing, you're due! when that couldn't be further from gambling truth.
So does this EV truly pay for mortgages, groceries, etc? Only if you actually win. And nothing guarantees that, regardless of how much "theoretical +EV" you've accumulated.
What you guys do in this regard really isn't all that different from what I do. When you're losing, you're expecting and hoping the long term math will be on your side sooner rather than later. In my case, I'm expecting and hoping the session ending winner that my structured strategy sets the table up for, appears sooner rather than later. In other words, I expect and hope because I am "due" just as you folks rely on that faulty term for. And neither of us can buy or pay for a thing without the actual win. Trying to wordsmith it around in any other way is deceiving.