Originally Posted by jbjb View Post
Originally Posted by Alan Mendelson View Post
Originally Posted by mickeycrimm View Post

Alan, per your tagline, there's nothing wrong with quitting while ahead. The problem is you are not quitting. You are just pausing. Pause for one second, one minute, one hour, one day, one week, one year or whatever. But you are not changing the results by doing it. You are just changing when you play. The one good thing that comes our of it is you are playing less on a negative game so you lose less money. So forget all the Argentino pie in the sky voodoo bullshit.
What I'm doing is going home with a profit. Since when is it wrong to go home with a profit?

Or, should I keep playing till I lose $8800 on a game when I think I have an edge?

But you trapped me mickeycrimm. I didn't want to debate this. This is how I play. You play your way. Others should play their way. If they want to lose $29,000 in a week and call it variance it's fine by me. I can't afford to lose $29,000 in a week, or $8800 in a day.

I'll take my small profits and go.
As stated many thousands of times, going home with a profit and returning later is EXACTLY THE SAME as cashing out, spinning around the chair 3 times and restarting. Naturally none of you can fathom this.
That's not exactly right.

Cashing out with a ten dollar profit today, and then cashing out another ten dollar profit tomorrow gives you a total of $20.

The difference between you and me is that I subscribe to the theory that everyone is ahead at some point -- and the trick is to cash out when you have a profit.

Take this morning for example. I just came back from Red Rock where I had $15 of free play. I did get as high as $42.50 playing 25-cent 8/5 Bonus thanks to several full houses, but I cashed out $21.25 and using points had their players club breakfast.

I wonder if the AP who lost $8800 in a day was ever ahead?

Yeah, I've had days when I was never ahead but the stop loss or loss limit prevents you from digging a hole you can't climb out of.

Try it.