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Old 08-05-2005, 11:48 AM
Homer Homer is offline
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Join Date: Sep 2002
Posts: 5,909
Default Re: protecting a lucky run

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Newbie to blackjack whoring here,

I've just a a good run at sporting bet casino, deposited $50 for $100 bonus, and am now sitting on $250 with $1000 of the WR still to go. (I've been flat betting $3 so far)

Whats the best way to ensure I keep most of that, should I carry on with the $3 flat bets, or drop to $2 or even grind it out at $1???

Or would the experienced whores out there suggest increasing betsize and trying for a really big score while I'm playing on the casinos money ;-)

Mat

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I assume there's a logical reason behind the $3 bet size you chose to begin with -- stick with it.

There is no difference between the $100 bonus you were given initially and the $150 you won on top of that. Either way, it is your money until the casino wins it back. What you're doing is creative money management.

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Could you elaborate on this a bit, Homer? My assumption (which could be completely wrong, of course) would be that the OP picked a betting amount per hand that would finish the bonus in a reasonable amount of time while limiting his risk of ruin. ISTM that after he finds himself in a different situation these assumptions could change. However, I do understand that I was advocating a strategy that wouldn't run his wins as much as possible to balance out the times when he starts with $3 bets and loses quickly.

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What I'm saying is that he shouldn't mentally separate the bonus money from winnings due to gameplay. Once the bonus money is granted, it is his, just like any other money.

I also assumed that he picked a bet size based on his bankroll, risk tolerance, etc. If anything, he should raise his bet size since ever so slightly since his bankroll has increased by $150. Lowering to a $1 bet size doesn't make sense to me. If he is going to now bet $1/hand, why wasn't he doing that from the get go?
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