And let me tell you one other thing about variance. I know a little about reducing variance. I played Atlantic City for 5 and a half years. The first 3 were on a very small bankroll, starting with $4300 and working up to 10,000 by year 3. And I didn't tap out. I now know I didn't for dumb luck. I played a very small spread and that reduced variance. But you know what else it does? It reduces win rate. I was barely playing a break even game back them because I was trying not to tap out. That is why it took me 3 F***ing years to really get going.
And you know what, I suspect that is what Moses is really doing. He retired, with some sort of retirement income and sits around the sportsbook chatting and arguing with his buddy's. And every once in a while when he gets tired of arguing with them, he sits down at a blackjack table and probably spreads $5-$15 and makes a few dollars. MaxPen called it lunch money.That small spread at that very low limit is probably tolerated, especially if they know him and know he gambles in other things. AND such a small spread would come with less variance. A big losing day would be $100, a huge losing day would be $200.
THAT is where I think we are in this discussion, and there is absolutely nothing wrong with what Moses is doing. But there becomes a problem when he starts talking about real variance, of which he knows absolutely nothing about. I'll say this one more time. Real blackjack card counting play involves real variance and wild swings.




That small spread at that very low limit is probably tolerated, especially if they know him and know he gambles in other things. AND such a small spread would come with less variance. A big losing day would be $100, a huge losing day would be $200.
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