Quit While You're Ahead... Revisited

[arcimede$]

Yes, I mentioned this before. It does happen. And twice in my life I hit two royals on the same trip and within about 12 hours of each other: It was about ten years ago that I hit two $5 progressives at Caesars, and about a year ago I hit a $2 royal ($8,000) and quit playing, but the next day I found out I had $500 of free play and on the third or fourth hand at a $1 machine I hit another royal $4,000. Yes, lucky things can happen. But I also remember how I lost $15,000 at Rincon and many other times when I had big profits and gave it all back... and I mean ALL back.

Ya know, you can poke holes at this idea of taking profits home all you want. I think you should do what works for you. I think sticking to win goals and loss limits will work just fine for me.

Not talking about the same trip. If you ever play another hand of VP you did NOT quit, you only experienced a longer delay between hands. You won in July and then again in October. Had you really quit in July you never would have won money in October. You need to stop confusing the length of time between hands with actually quitting. They are two different things. Once you accept that reality then you may be able to better understand that having a longer delay between hands is a meaningless factor.

[Alan Mendelson]

Not talking about the same trip. If you ever play another hand of VP you did NOT quit, you only experienced a longer delay between hands. You won in July and then again in October. Had you really quit in July you never would have won money in October. You need to stop confusing the length of time between hands with actually quitting. They are two different things. Once you accept that reality then you may be able to better understand that having a longer delay between hands is a meaningless factor.

This is old news. Keep up with the discussion.

[redietz]

Well, if we all agree that the length between sessions is a pause that leaves actual results unaffected, then we can move on to something else.

In some ways, walking away from the majority of sessions ahead plays into casinos' hands. People feel good after they have won. That kind of positive affect spawns more visits and more sessions. The emotional effects casinos want are for people to budget a per-trip loss, then have a small win have a greater positive emotional significance than a larger loss has a negative significance. In other words, they are shooting for a "feel-good" of five on a 10-point scale for a win of $250 and a "feel bad" of five for a loss of $500. That's what they want and how they train you.

[regnis]

Not to turn this into an English class, but one can "quit" doing something for 1 week or 5 minutes or any period of time. Quit may imply permanency but permanency is not required. So you can "quit" playing VP until the next time you play.

Now that adds absolutely nothing of any value to the discussion which is appropriate at this time.

[Alan Mendelson]

But regnis you nailed it. As I said before: when you quit with a profit it means you get up and leave. Yeah it's okay if you play again. Leaving with a profit today lets you live again to play another day.

Redietz you make things too serious and your psychological spin is too much. Can't you accept that some people feel better about walking away with some extra money? Every time you win or lose it doesn't have to be a psychological turning point.

[Rob.Singer]

red, let's ask the next person here who "quits" working if they ever plan on working again.

It doesn't matter if it's temporary or permanent in vp. I went to the Palms and profitted $3130. I've already spent most of it. The next time I go to a casino will be with a fresh wad of cash that I didn't have before because it's new income. What's done is done, and I can never lose those winnings even if I lose in the future.

Tying similar events together is like Alan tying his marriages together.

[slingshot]

red, let's ask the next person here who "quits" working if they ever plan on working again.

It doesn't matter if it's temporary or permanent in vp. I went to the Palms and profitted $3130. I've already spent most of it. The next time I go to a casino will be with a fresh wad of cash that I didn't have before because it's new income. What's done is done, and I can never lose those winnings even if I lose in the future.

Tying similar events together is like Alan tying his marriages together.

Now that's funny.

[RS__]

red, let's ask the next person here who "quits" working if they ever plan on working again.

It doesn't matter if it's temporary or permanent in vp. I went to the Palms and profitted $3130. I've already spent most of it. The next time I go to a casino will be with a fresh wad of cash that I didn't have before because it's new income. What's done is done, and I can never lose those winnings even if I lose in the future.

Tying similar events together is like Alan tying his marriages together.

Ah brilliant! "I can never lose those winnings even if I lose in the future". No wonder you won playing VP for 10-15+ years! Just file bankruptcy and suddenly you keep all your wins but all your losses disappear, leaving you with only profits! Rob Singer everyone.

[Rob.Singer]

Another genius post by the Rob Singer wannabe!

What you really don't have a handle on is reading comprehension. No one I know filed bankruptcy after 10-15 years of winning consistently. But I know plenty of AP's who have, only they never won anything.

The point is, slugs like you who work and make very little money in the casinos, need to tie all your finances together because you have nothing but expenses and bills looking at you from the future, while you also have a nasty gambling habit to confront.

You need to re-assess your going nowhere life before it's too late. Which means you need to wise up

[RS__]

need to tie all your finances together because you have nothing but expenses and bills

This couldn't be further from the truth.

# of bankruptcies filed:

RS__: 0
Rob Singer: At least 1



It's funny, you tried AP and failed. So now you're on a hunt to disprove AP and prove your shenanigans works. You seem bitter that AP failed you. Maybe one day you'll learn.

[Rob.Singer]

# of digits in RS's 401k: 7
#of digits in RS__'s 401k: 0

I failed as an AP because it doesn't work, and those who aren't too ego-heavy, stubborn or in denial learn more from me about AP foolishness every day. You still have a chance to get out of your mythical world of theoretical perception and make something of your life. Merely using my initials won't get you my degrees and success. Of course, you might think being a craps dealer is a huge success with a giant future. There's the first issue you need help with.

[redietz]

Rob, who appointed you arbiter of what defines "success?" See, this is your weird, self-referential, narcissistic stuff that goes too far afield. Somehow you are a "success," while someone who is a notch or two below you on an income scale (without a bankruptcy, mind you) is not a "success." And you're going to tell them how they went wrong and what their values should be. Do you see how absurd this is, and how it has no place on a gambling forum?

If 401Ks determined who knew the most about gambling, then clearly (in this country) we should all be listening to Bill Gates, not Rob Singer.

[regnis]

What are Gates' special plays?

[arcimede$]

Not to turn this into an English class, but one can "quit" doing something for 1 week or 5 minutes or any period of time. Quit may imply permanency but permanency is not required. So you can "quit" playing VP until the next time you play.

Now that adds absolutely nothing of any value to the discussion which is appropriate at this time.

quit
verb
: to leave (a job, school, career, etc.)
: to stop doing (an action or activity)
: to stop working

Nothing in the definition of quit implies returning to do the activity later.

Alan is in denial. He wants to believe that win/loss goals actually matter. Hence, he denies reality and his words give him a away every time.

Red is exactly right in his statement. People who leave with money are far more likely to return to a casino.

[arcimede$]

If anyone believes Singer has a 7 digit 401K while being unemployed and living in a small apartment for decades, they are about as gullible as it gets. Add to that they were evicted from that small apartment and now live in a trailer. His lies are so obvious even cave men are rolling on their sides.

[Alan Mendelson]

Arc how can you possibly argue against loss limits? Are you saying it's okay ro keep running to the ATM when losing on a +EV game? Are you saying it's okay to keep playing after a big win so that you risk losing it all back?

[arcimede$]

But regnis you nailed it. As I said before: when you quit with a profit it means you get up and leave. Yeah it's okay if you play again. Leaving with a profit today lets you live again to play another day.

Leaving with a profit is meaningless over time. Had you stayed you could have just as easily increased your bankroll which would let you play again many more days.

Once again, no one is saying that quitting and leaving a casino a a bad thing, especially when playing negative games. However, the timing is no more likely to improve your bankroll than it is to hurt your bankroll.

[regnis]

[QUOTE=arcimede$;33133]quit
verb
: to leave (a job, school, career, etc.)
: to stop doing (an action or activity)
: to stop working

Nothing in the definition of quit implies returning to do the activity later.

Stick to math arc---nothing in the definition implies permanency either. Trust a lawyer on this---this is how you lose cases. The judge needs facts, not vagueness. But also it appears you googled the definition and if so, read further into the explanations and examples.

[regnis]

Arc how can you possibly argue against loss limits? Are you saying it's okay ro keep running to the ATM when losing on a +EV dame? Are you saying it's okay to keep playing after a big win so that you risk losing it all back?

Alan--tell me where I can find a +EV "dame". Mine have all been -EV

[arcimede$]

Arc how can you possibly argue against loss limits? Are you saying it's okay ro keep running to the ATM when losing on a +EV dame? Are you saying it's okay to keep playing after a big win so that you risk losing it all back?

Not saying either one. I'm simply saying that the timing of when you leave has no effect on your long term results.

You should know that I don't play -EV games which means I could hardly be for playing before a win, after a win or at any time on one of them.