\nIt’s hot and heavy on the post titled "Math" about leaving when you have attained your "win goal" which is, to put it mildly, another ploppy idea when applied to a GTC advantage player. You can read Dominator, Stickman, Missouri Rick and others about that "win goal" nonsense. You can also read those who support this erroneous concept. <\/p>\n
\tBut what about "stop losses" another favorite idea in gambling circles. Is this concept nonsense too? <\/p>\n
\tNo it isn’t when you truly understand the concept as it relates to an advantage GTC player. <\/p>\n
\tI stated in the post "Math" that there are only three reasons to leave a craps table when you are an advantage player: <\/p>\n
\t1. fatigue <\/p>\n
\t2. you’ve shot three or four times and you need a break <\/p>\n
\t3. something has gotten to you to affect your throw <\/p>\n
\tNumber two is the key to understanding why there is a natural loss limit on a GTC advantage shooter. If you take the dice four times and your spread is $60 each on the 6 and 8 and a Pass Line bet of $10, then your risk is $130 when you shoot. Lose on a point-seven out four times and you have lost $520. <\/p>\n
\tRather than wait between a half hour and one hour for the dice to return to you, you take a break. You have shot four times, bombed out, and leave the table with your tail between your legs having lost $520. <\/p>\n
\tThat $520 is most of your "loss limit" for that session. <\/p>\n
\tIf you only bet one Come or Pass Line bet of $10 on the random rollers, say there are 10 of them, you will bet on 43 percent of the random rolls, which means a house edge of 1.41 percent against $40 which comes to a loss of $1.64 – give or take on any given session. The worst that can happen is you lose all $40 and now your "stop loss" escalates to $560. <\/p>\n
\tSo you see there is a natural "stop loss" for a GTC controlled shooter if he follows our advice. You can actually calculate what it is before you play. <\/p>\n
\tBut this stop loss is based on controlled shooting, not some artificial stop loss as in normal gambling thinking. <\/p>\n
\tThere is a big difference between advantage craps play and gambling. Often players just don’t know this.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
It’s hot and heavy on the post titled "Math" about leaving when you have attained your "win goal" which is, to put it mildly, another ploppy idea when applied to a GTC advantage player. You can read Dominator, Stickman, Missouri…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-gtc-wisdom"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}