Chip inventory question

[Alan Mendelson]

Sorry kewlj, I didn't mean to challenge APs again but I keep remembering how you told us you lost $8800 in a day and then won it back plus a profit of several thousand and I knew you just didn't do it with blacks and greens and avoided the cage.

Alan, Alan, Alan. I've heard KJ rant of losing $20k in a night. But let's go with your total of $8,800 in a day. At $200 per session average, that's 44 sessions, just to get back to even. What's wrong with this picture?

I'm not sure what you're saying because I don't know and I don't pretend to know the lingo of the APs on this site. It took "forever" for me to understand what kewlj meant when he said he could count two tables (he has limitations) and it took forever for me to understand his self-created terminology about expected value. So I'm asking you to explain it so a dumb person like me can understand.

Frankly I'm surprised kewlj mentions sessions because for years Singer was criticized for talking about sessions... with the APs saying all gambling is just one session.

[Rob.Singer]

And there you have it....again. kew getting all worked up over the tough questions that he continues to be incapable of answering without dancing around with his predictable windbag spins. In fact, the more he babbles on, the more he proves what a phony he is.

And apparently unbeknownst to him, statements like "so I can increase my bets when the count is positive" not only undress him publicly--he shows how he has no knowledge that the computers upstairs are counting right along with him (and they do it at a six sigma rate) for the sole purpose of tossing players who are doing what he "claims" to do. Oh yeah, 300 days a year in multiple daily "short term sessions". And let's not forget how every "AP" ALWAYS has a bounce back tale after saying they lost a bundle. In other words, he claimed he was "due"!

Wise up.

[Moses]

So I'm asking you to explain it so a dumb person like me can understand.
.

Sorry Alan. I was joking by repeating your name. There is a saying. Numbers never lie. People do. KJs numbers reflect his lies. Bouncing around like a pinball with HiLo to make $70-$75k annually? Hmmm. I don't think so.

Now, Alan. Consider playing 20 sessions a week where you are the one in control. Game selection is key. Even then, winning 60% of the sessions is considered better than average according to sims. Suppose $300 is your upside for a win and your downside for a loss. IF, you go 12 wins 8 losses, that's $1,200 a week profit. Hindparts sitting on leather about 300 hands a day or about 15 years a week.

A horrible week would be 2 wins 18 losses. This would be a disaster of $4,800 in the red. It's never happened to me because I've learned to duck and make large bets count. However, I've had some 18-2 weeks. That's when you begin to worry about getting 86ed. So the next week, you spread to different shifts.

There is always some guy in the sportsbook boasting he had a big bet on the 17 point dog straight up after they won. But no one ever sees him buy or cash a ticket. I've wondered why people tell such large tales and/or continue to repeat the same ones over and over again.

Rob Singer seems to have a pretty good handle on bullshiters. Maybe he could explain it to me.

[Alan Mendelson]

No BS from me. I've never had a profitable year in a casino even getting two $100k royals in one year -- both of them seeded with $2500 of free play.

[Alan Mendelson]

Moses, the APs here don't have downside losses or stop losses nor do they quit when they've lost too much. You must understand that our APs including kewlj are accumulating expected value when they lose and that accumulated +EV will make them winners.

Losing $8800 doesn't matter because of all the accumulated +EV kewlj got that day. Ask him.

[Moses]

Moses, the APs here don't have downside losses or stop losses nor do they quit when they've lost too much. You must understand that our APs including kewlj are accumulating expected value when they lose and that accumulated +EV will make them winners.

Losing $8800 doesn't matter because of all the accumulated +EV kewlj got that day. Ask him.

I know Alan. It's like there are two completely different games. The one that is played at the casino. And the one that is played amongst these AP forum pros.

I read a thread started by Midwest Player the other day. He wanted to quit playing early to secure a sizeable profit for his trip. However, the "cult" is in his head. So he kept playing and gave nearly all of it back.

I was in a session the other day and I was 1 green chip away from a win within casino tolerance. The phone already rang once. The pit boss then changed out the decks. This has a history of being a way for the pit boss to inform the dealer there is a counter AP playing. After that, you get reduced pen. The longer you play the more you etch yourself in that dealers memory. So big whup. I cashed out $18 shy of paying my quarterly tax bill with the days profits. I did not find another game to my liking that day. Point is, if "the cult" mentality was in my head, it could've spelled disaster.

Rob is spot on. You don't jump up and down with huge profit swings for very long. Why? Because once your money is lost it became their money. Now you have to win the same amount of their money back to break even.

[jbjb]

Moses, the APs here don't have downside losses or stop losses nor do they quit when they've lost too much. You must understand that our APs including kewlj are accumulating expected value when they lose and that accumulated +EV will make them winners.

Losing $8800 doesn't matter because of all the accumulated +EV kewlj got that day. Ask him.

If I'm playing a M. Stud game with knowledge of 3rd street, I'm playing the entire shift with that dealer. What I've won or lost during that time is irrelevant.

As for KJ, me or any other AP. We're making money in casinos and YOU aren't! So you tell me who's doing what right?????

[Alan Mendelson]

Oops. I forgot. Include jbjb among those who never loses.

[Moses]

If I'm playing a M. Stud game with knowledge of 3rd street, I'm playing the entire shift with that dealer. What I've won or lost during that time is irrelevant.

YOUR time is what is relevent. No? We may or may not run out of money. We WILL run out of time.

[Alan Mendelson]

If I'm playing a M. Stud game with knowledge of 3rd street, I'm playing the entire shift with that dealer. What I've won or lost during that time is irrelevant.

YOUR time is what is relevent. No? We may or may not run out of money. We WILL run out of time.

It's the AP mantra: as long as I have an edge I will keep playing... unless I have to pee, take a dump, eat, sleep... because that edge makes me a winner. And if I'm not winning, I'm accumulating EV.

[Rob.Singer]

Yes....the claim of "banking ev" from their comfy armchairs does have a sort of "calming" effect. But what I enjoy most is how they claim the grocery stores and electric company accepts these phantom bucks as a form of payment....especially after claiming "it doesn't matter if I win or lose, what matters most is if I "have an edge on the game I'm playing!"

[jbjb]

Yes....the claim of "banking ev" from their comfy armchairs does have a sort of "calming" effect. But what I enjoy most is how they claim the grocery stores and electric company accepts these phantom bucks as a form of payment....especially after claiming "it doesn't matter if I win or lose, what matters most is if I "have an edge on the game I'm playing!"

Yeah....I have no fucking clue how I pay my house bills, internet, food, phone, satellite service, etc., etc., etc.....

[Alan Mendelson]

Yes....the claim of "banking ev" from their comfy armchairs does have a sort of "calming" effect. But what I enjoy most is how they claim the grocery stores and electric company accepts these phantom bucks as a form of payment....especially after claiming "it doesn't matter if I win or lose, what matters most is if I "have an edge on the game I'm playing!"

Yeah....I have no fucking clue how I pay my house bills, internet, food, phone, satellite service, etc., etc., etc.....

We don't know either.

[Keystone]

Yes....the claim of "banking ev" from their comfy armchairs does have a sort of "calming" effect. But what I enjoy most is how they claim the grocery stores and electric company accepts these phantom bucks as a form of payment....especially after claiming "it doesn't matter if I win or lose, what matters most is if I "have an edge on the game I'm playing!"

Yeah....I have no fucking clue how I pay my house bills, internet, food, phone, satellite service, etc., etc., etc.....

We don't know either.

We know, however, that you don`t ...asswipe

[Moses]

It's the AP mantra: as long as I have an edge I will keep playing... unless I have to pee, take a dump, eat, sleep... because that edge makes me a winner. And if I'm not winning, I'm accumulating EV.

The problem is our opponent wins by forfeit. No game. No EV. Win today. Play tomorrow.

[Rob.Singer]

Yes....the claim of "banking ev" from their comfy armchairs does have a sort of "calming" effect. But what I enjoy most is how they claim the grocery stores and electric company accepts these phantom bucks as a form of payment....especially after claiming "it doesn't matter if I win or lose, what matters most is if I "have an edge on the game I'm playing!"

Yeah....I have no fucking clue how I pay my house bills, internet, food, phone, satellite service, etc., etc., etc.....

And neither does anyone else, since you're just another anonymous poster who, as a self-proclaimed ap, thinks their claims have to believed by all.

jbjb & kew....a pair that'll beat any STRAIGHT flush.

[mickeycrimm]

Sorry kewlj, I didn't mean to challenge APs again but I keep remembering how you told us you lost $8800 in a day and then won it back plus a profit of several thousand and I knew you just didn't do it with blacks and greens and avoided the cage.

Alan, Alan, Alan. I've heard KJ rant of losing $20k in a night. But let's go with your total of $8,800 in a day. At $200 per session average, that's 44 sessions, just to get back to even. What's wrong with this picture?

I'm not sure what you're saying because I don't know and I don't pretend to know the lingo of the APs on this site. It took "forever" for me to understand what kewlj meant when he said he could count two tables (he has limitations) and it took forever for me to understand his self-created terminology about expected value. So I'm asking you to explain it so a dumb person like me can understand.

Frankly I'm surprised kewlj mentions sessions because for years Singer was criticized for talking about sessions... with the APs saying all gambling is just one session.

Alan, you were doing pretty good for a couple of days. Now you are back to being an imbecile again.

[mickeycrimm]

Moses, the APs here don't have downside losses or stop losses nor do they quit when they've lost too much. You must understand that our APs including kewlj are accumulating expected value when they lose and that accumulated +EV will make them winners.

Losing $8800 doesn't matter because of all the accumulated +EV kewlj got that day. Ask him.

Moses, don't be fooled by Alan. He hates all AP's because he can't stand winning gamblers. That includes you. He's only being nice to you because you are running down KJ.

[RS__]

Dear God. For once a constructive, interesting question was asked and KJ explained the answer in detail. He just needs a few chips to start playing. If he starts winning, great. If he starts by losing, and the count is negative, he will leave the table. If it’s positive, he will buy in for cash, ostensibly steaming, and bet much bigger. Makes perfect sense to anyone who cares to understand.

But here we are, back to the same old same old.

+1

[mickeycrimm]

Dear God. For once a constructive, interesting question was asked and KJ explained the answer in detail. He just needs a few chips to start playing. If he starts winning, great. If he starts by losing, and the count is negative, he will leave the table. If it’s positive, he will buy in for cash, ostensibly steaming, and bet much bigger. Makes perfect sense to anyone who cares to understand.

But here we are, back to the same old same old.

Dankyone, you are confusing the anti-AP crowd with the facts.