The Sisyphean Gambler

[arcimede$]

Arc, let me see if I can finally get you to understand.

Unless you know when to quit (which is when you have a profit) you run the risk of never having a profit.

If you continue playing -- even at your positive expectation game of one eye jacks --you run the risk of running out of money at some point because you hit a "cold run" you were not prepared for.

But by cashing out your wins, and banking them, you give yourself the ability to build up "reserves" that allow you to get through the droughts and the slumps.

Unless, of course, you were in a hot streak and you would have won much more money. By cashing out you risk coming back when the machines are cold and losing everything you won previously and more.

You see how easy it is to use words to create a scenario where a certain action looks logical. My scenario is just as likely as yours. The fact is neither scenario is valid. Either one could happen at various times ... you know, because it's random.

Now, by cashing out at certain win goals (and your win goals for each session can increase if your wins are greater than your initial win-goal) you will be building up these reserves.

If you continue to play without deciding on a point to cash out at each session you run the risk of finishing each session with a loss -- and never having a profit.

Now, does that add up for you yet??

Nope, go back and read what I wrote above. You are trying to convince yourself that at some point in time your future hands are going to be loses but by leaving and returning at another point in time you will have wins instead. Your logic is wrong.

Frank gave up on you because you keep ignoring these simple facts.