This is big term in poker, but it can also apply to craps.
We will make some assumptions for the following example.
Player is a practiced player with at least 5-10K rolls in practice. Player has a sufficient bankroll relevant to the table stakes and has baugut in with sufficient start up and sustaining capital. Table conditions are very good. Player is the only one at the table. Limits are $10 min. Player is conservative aggressive ( $10 pass full odds, $30 6&8 $25 4&10). Assume that the point in each case is an even number (4-6-8-10)
Player has 3 straight Point 7’s or less than 3 rolls, in a row. That would mean that the loss’s will stack up quickly to +- $440. At this point frustration really sinks in. The player knows that they can roll their way out of this, but bank their bankroll is quickly depleting and this has a physiological effect.
Instead of doubling up on their bets in the hopes of stopping the bankroll bleed, its time to just walk away. Today was not the day. It happens. Take a break, go to the pool, go sightseeing anything but play right now.
The mind has to cool down and not think about getting back to even or why this happened. That can all be sorted out in practice. For now, it’s time to breathe. Walk away while the losses are sustainable. Many poker players have lost their entire bankroll because of tilt. Don’t let this happen to you at craps.
Replies:
Posted by: TommyC on May 23, 2013, 4:59 pm
You know the advantage is there, but quitting after missing the royal on a 1 card draw, or missing the aces after drawing to trips ten times in a session, can make your better judgment become a full tilt chase.
Getting beat in the exacta or trifecta by a nose when you know your handicapping is good and you just had a bad trip or a little bad luck makes you want to bet the next race and double up.
The problem is sometimes it works and you justify it in your mind that you have done it before why not again.
You forget your GTC ways and become the old action junkie you were before the first primer course.
TommyC
Posted by: Timmer on May 23, 2013, 5:18 pm
Great post!
😎 😎 😎
Posted by: Dr Crapology on May 24, 2013, 11:03 am
Alligator Rose and Doc.
Posted by: Dominator on May 30, 2013, 10:13 pm
And sometimes you just know after your first toss that it isn’t your day. The dice just don’t feel right, you can’t get a good grip, you don’t like the dealers.
Time to walk away!
Dominator
Posted by: TommyC on June 9, 2013, 5:48 pm
Its when I win ! I want to win more and more. I up my bets " I’M PLAYING ON THERE MONEY ", no its my money now.
When it goes into the rack, in my pocket, or in my on line account, its mine.
Thanks to GTC I now control this urge better than ever before.
Thanks again for the teachings that apply to all gaming activities.
TommyC
Posted by: The Breeze on June 10, 2013, 2:21 am
One of the issues I personally have is that I can’t just go roll when I want to or when it is convenient because I live in CA. So when I get to where I can roll I feel like I really have to take advantage of it – Wrong.
Back to the refresher and get my head back on straight and my confidence back. But I kept a reminder in my wallet to never repeat my last dumb performance. Leave, get right, go back to the room, re-group but don’t get dumb. And I just missed the small, tall and all by a 4 and 9 go figure.
Posted by: The Breeze on June 10, 2013, 2:21 am
One of the issues I personally have is that I can’t just go roll when I want to or when it is convenient because I live in CA. So when I get to where I can roll I feel like I really have to take advantage of it – Wrong.
Back to the refresher and get my head back on straight and my confidence back. But I kept a reminder in my wallet to never repeat my last dumb performance. Leave, get right, go back to the room, re-group but don’t get dumb. And I just missed the small, tall and all by a 4 and 9 go figure.
Posted by: Finisher on June 10, 2013, 3:42 am
Posted by: brothelman on June 10, 2013, 6:22 am
