ARTT For Rob Singer

[slingshot]

Thanks, Rob. And my apologies to VP Guy and Alan. I said it was Vegas Vic that asked the question and it was VP Guy. I apologize to Alan for being so blunt but to me this was an important point and a great answer to my further understanding. I respect you guys for your beliefs, but to someone like me who is learning what I believe to be the truth it is so pleasant to just have the question answered by the person you inquire. I really learned a lot from the answers. Thanks again.

[vpguy]

Thanks Rob and everyone else for your comments and advice. I'm going to test ARTT in Shreveport next week and then try it out during at trip to LV in June. Will let you know the results.

[Alan Mendelson]

Since you were not playing any particular strategy of mine, you didn't violate any of the rules associated with them.

At the time I didnt know anything about your strategies, but I did have a strategy of my own which came from stock market investing and that was "raising your stop loss limit."

So, let's say my stop loss (point that I would quit) was $100, and I just won $100... my new stop loss would now be $50, or giving back half of what I won. If I was fortunate enough to win $1,000 my new stop loss might be $300 so I would keep $700 of what I just won. This is of course different from your "win goal" system because using a "rising stop loss" allows you to keep playing, longer.

Both the win goal system and the rising stop loss limit system require discipline to know when to quit.

Today, I am more inclined -- and have used -- a simple win-goal system.

[Alan Mendelson]

It's nice to hear about such nice close hits, but without the proper overall strategy, playing while waiting for a handpay only exhibits a player's gambling problem in a kinder light. When someone can't wait to feel that next slice of intermittent satisfaction that gambling gives us all when winners are hit, I teach people how much they need to step back and take an overall big-picture look at what's really happening to them and what COULD happen to them.

Rob, if I recall in your book Rambling and Gambling through Nevada you wrote about hitting back to back royals. The second royal came after the handpay on the same machine at the same casino. Were you not following your own advice there?

And if someone were following your strategy to the "T" and hit a royal or other big handpay that allowed them to reach their win goal, and the floor person asked them to "play off the machine" would you? Or would you just leave and tell the casino floor person to play it off with the casino's money?

And by the way, I've seen players do that often, refuse to play off the big win showing on the machine. The last time it happened, the player refused to play off the quad ACES on a $5 DDB machine, so the floor person called the eye in the sky, said he was depositing $5 to play off the jackpot hand, and the floorperson was dealt quads. LOL

[Rob.Singer]

Alan, in that same book I wrote that I was taking only about five thousand dollars with me and I was not going to be playing my strategy because that wasn't the purpose of the trip. It was to explore and talk to as many other players in different parts of Nevada as I could. Yes I did hit back to back royals on quarters in Wendover, and I played optimal strategy throughout the trip because that was my best chance since I could not play my strategy.

I have a policy of NEVER playing off the big handpaid winner for any reason, because it is something the casino wants you to do and I always do the opposite of what they want and expect. It causes problems at times, but that doesn't matter to me. I get paid, and if I'm done I'm done and just get up and leave after hitting the cashout button. If I'm not done and there's a hassle over it, I cashout and head to another casino to continue playing.

[Alan Mendelson]

Rob have you really been hassled over not playing off a big win? Did you know that the policy even at Caesars Palace is that you don't have to play off a big win. They dont care if you leave a royal showing on the machine. In fact, several years ago I left a $20k royal sitting on a machine while I played a nearby macine. And about a half hour later I returned to the "royal machine" to play some more.

Ive never heard of a casino giving a customer a problem over not playing it off. I just know that most casinos prefer that you do play it off.

[Rob.Singer]

Yes, because I've played at virtually every casino in Nevada and at every Harrahs property around the country. Some supervisors just don't like it if they have to be bothered getting a ticket produced so THEY can play off the last hand. Many casinos don't care one way or the other, and Caesar's acts professional about it because they know they cannot force anybody to gamble any more than they choose to.

[Alan Mendelson]

At one casino, the floor person called the eye in the sky to say he was playing off the game. reached into his bag of money, inserted $5 and played it. No ticket involved.