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Thread: Quitting when ahead.

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  1. #11
    Originally Posted by arcimede$ View Post
    I expect you'll fall off the wagon as soon as you hit an extended losing streak. It will happen, it happens to everyone. Will you keep those "tight loss limits" when you walk in a casino and lose it all in an hour?
    I think that is more likely to happen with someone who thinks they have some kind of entitlement towards winning, such as someone with a formula for winning, or someone who has some recipe to follow for casino gambling. Perhaps someone who says "the math" should make them a winner might be running to the ATM to keep playing.

    I hate to say it, but our friend Rob does that when he carries a $50,000+ bankroll around with him for the sole purpose of reaching a $2,500 win goal. That makes no sense to me.

    On the other hand, true recreational players have set budgets because they are using only recreational dollars with no master plan to drive them to keep playing. Recreational players know they are there at the casino for a given amount of time, and a set amount of money, and when it's time to go to the airport or to the show or to dinner or to meet the wife for the shopping trip they know it's time to leave. Recreational players also don't have to win because they haven't convinced themselves that they should be winners.

    Arc, could you accept that you can't win on your positive expectation one-eyed jacks machine? Hell no. I'm sure you consider them your personal piggy bank that the law grandfathered just for you at that Indian casino.

    I remember about seven or eight years ago when I went to Vegas and had passes for the Global Gaming Expo. I was playing craps and the table was hot. We were all making money with hot shooter after hot shooter and as it neared 10am I started looking at my watch. Sid the floorman (may he rest in peace, he just passed away a couple of weeks ago after a few years of retirement) said "going somewhere?" "Yes, Im going to the gaming expo." "You'll never make it," he said "you'll be here all day." Well, at 10:15 when the shooter made his pass, I took down all my bets, took my chips out of the rail, and headed to the cage. (I did not color up at the table because I didn't want to take the time or interrupt the flow of the game).

    One more TRUE story: I'm at the table at Caesars and a shooter is having a hot roll and exactly at 12 noon a guy at the table yells out, "it's noon, I gotta go. Give me my chips (take his bets down is what he meant)." As the dealers were taking his bets off the table the floorman says to him, "where you going?" "I have to go to the room," the guy says, "noon is when my wife says I have to come up for sex."

    For everyone who thinks they are entitled to win, watch this (one of my favorites):



    And part two:



    And part three:

    Last edited by Alan Mendelson; 11-27-2012 at 11:02 AM.

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