Simon 4,557 August 24, 2015 Share August 24, 2015 Can't believe I haven't made this thread yet. So some people on here might know that I do a bit of gambling. At the moment I'm living off poker while looking for a job. I know I can't be the only person here that enjoys gambling (or at least talking about gambling ), so I figured I'd toss up a thread for all of us degenerates to chat. Talk about strategy, annoying bad beats, big wins at the blackjack table, or whatever else you feel like discussing. For me, my main game is Hold'em. I generally play 4-8 fixed limit and some tournaments, though I haven't been hugely successful at tournaments and I've tried to cut down on them because of the strain they're putting on my bankroll. I've also been known to stick a buck or fifty in a slot machine even though I shouldn't (though I've had some ridiculously good luck in slots). As for the pit, I know blackjack, never got that into it. Really only go in the table games when I have a match play or promo chips or something. Anyway, hopefully there's a few people out there who also enjoy losing money and getting extremely aggravated at the world spending some quality recreational time in casinos. 1 Link to comment Share on other sites More sharing options...
MidnightMadness1 105 August 24, 2015 Share August 24, 2015 I have partaken in gambling for example hold ' em but usually i prefer to base my gambling on my skill for example betting on teams checking which is the best seeing how they have been doing and just calculating who will win. This is my Oc Midnight Madness https://mlpforums.com/page/roleplay-characters/_/midnight-madness-r8768 My other OC Silver Tongue https://mlpforums.com/page/roleplay-characters/_/silver-tongue-r9261 Link to comment Share on other sites More sharing options...
Mesme Rize 15,684 August 24, 2015 Share August 24, 2015 During the summer, i was betting on 3 different Football/Soccer Tournaments on a team winning, because betting on Sports not only is luck, it also requires a bit of knowledge. Needless to say, it didn't worked out very well. Yes, you can gamble from time to time, if you don't do it too much and don't lose too much money on it. My OC Mesme Rize: >https://mlpforums.com/page/roleplay-characters/_/mesme-rize-r8777 Thank you Randimaxis for this Wonderful Avatar. Please, don't be afraid to talk to me. I am not as unapproachable, as you might think. Link to comment Share on other sites More sharing options...
Biggybrony 244 August 24, 2015 Share August 24, 2015 I don't mind gambling in the context of a game like cards. I enjoy it but I've never actually gambled with real money. I have very little interest in games like roulette. I'm not a medical expert, psychologist, psychiatrist, teacher or love doctor. Take my words with a pinch of salt, yeah? I am an experienced cook, musician and care worker though, so that's something. Link to comment Share on other sites More sharing options...
Simon 4,557 August 24, 2015 Author Share August 24, 2015 i prefer to base my gambling on my skill Yep, I think that's super key with anything in gambling. The biggest reason a lot of gamblers don't make money is they play games where skill plays a less important role than luck. I mean, slots are fun, but there's no skill involved. It's purely a matter of crossing your fingers and hoping you are lucky. Similarly, any sort of table game whether it's Craps, Roulette, Blackjack, Baccarat or anything else will always have a house edge, so even if there's a bit of skill involved, like in Blackjack, you can't gain an advantage in the game over the house. On the other hand you have a couple of skill based bets. Poker you're playing against other people not the house, so if you're a strong player, you can put the advantage in your favor. Similarly, you can actually be a 'good' sports gambler. I mean, sure the house takes a lot of care to try and adjust spreads and payouts on sports betting to minimize the chances of a loss, but you can actually make educated strong bets and give yourself an advantage over the house. And then there's the complete sucker games (sorry Keno players, you'll never make money ) Link to comment Share on other sites More sharing options...
GuyNamedEarl 1,332 August 24, 2015 Share August 24, 2015 I play craps a lot and I'm really good at it. Most people think it's a game of chance but if you know how to you can controller your roll xD. Creator of MLP Ruined Vines and Recorder Sh*t Equestria's Biggest Hip-Hop Nerd Everyday is Leg Day! Follow me on Twitter: @EarlBrony Link to comment Share on other sites More sharing options...
Simon 4,557 August 26, 2015 Author Share August 26, 2015 I play craps a lot and I'm really good at it. Most people think it's a game of chance but if you know how to you can controller your roll xD. How long did it take you to learn controlled rolling? It's definitely a thing, never met someone who actually had it down enough to shift the house edge in their favor. Link to comment Share on other sites More sharing options...
09thRoad 104 August 26, 2015 Share August 26, 2015 My dilemma when it comes to gambling is that I love Hold'em, but Hold'em is NOT a game you play to make money. It is far, far easier to make money in Blackjack and other casino games as opposed to poker in general. I play Hold'em to have fun, but if I find myself in the red I switch over and grind Blackjack for awhile until I'm back in the green. Ain't much I can do but I do what I can, But I'm not a fool there's no need to pretend And just because you got yourself in some shi-, It doesn't mean I have to come deal with it You handle your own when you become a man, And become a man when you handle your own Ain't much I can do, but I do what I can, But what can I do if I do till it's gone? Link to comment Share on other sites More sharing options...
Simon 4,557 August 26, 2015 Author Share August 26, 2015 My dilemma when it comes to gambling is that I love Hold'em, but Hold'em is NOT a game you play to make money. It is far, far easier to make money in Blackjack and other casino games as opposed to poker in general. I play Hold'em to have fun, but if I find myself in the red I switch over and grind Blackjack for awhile until I'm back in the green. Eh, not really. Blackjack, Craps, Roulette... any casino game really has a house edge, which means over a long period of time, statistically the house will win more than you do. If you're only making 2-1 bets, you can use a betting system which will help you profit, but those all rely on increasing the bet after losses to overcome loss streaks which requires an extraordinary bankroll, and is ultimately a high risk for low reward way of gambling. Anything other than the 2-1 bets have too high of a house edge and too low of a probability for a person to profit by anything other than getting lucky outside of an advantage play. Take Blackjack for instance. It's appealing to a lot of gamblers because on its face, it seems like it has a player advantage. Players only lose 1:1 if the dealer gets a blackjack but win 3:2 or 6:5 on their own Blackjack. Player has the ability to increase bets through double downs and splits where the dealer has no such advantage. Players can choose when to stop hitting where the dealer is controlled by a set of pre-determined rules. Despite all these things that seem to contribute to player winnings, the true problem with blackjack is that the player goes first. This means that if both the player and the dealer busts, the dealer wins. That is far more common than blackjacks or any other advantage the player may get, and as a result, there's actually a house edge comparable to Baccarat or even a video poker machine with ideal play. Poker on the other hand is a genuine skill game. Since you're playing against other players and not the house, the odds of winning are determined by the player's skill. The only thing you have to overcome from the house is the rake, which is relatively easy to do in mid limit games if you're a good poker player and the rake is reasonable (out here it's usually 10% with a a $3-5 max on low-mid limit games) Since the house doesn't have any stake in who wins, it's the only genuinely 'fair' game in the casino where there's no rules tilting the odds against you. Only the skill level of yourself compared to the other players at the table will skew your edge. That's why there's, by far, more people living off poker than any other casino game. Don't get me wrong, it still has luck involved and no skill amount will prevent you from ever losing, and you do have to get good cards to win, but over long periods of time, everybody at the table is going to get relatively similar proportions of good to bad hands, and it ultimately comes down to their own skill level to determine who walks away a winner and who walks away a loser. It's definitely not a game that's 'unbeatable' though. Link to comment Share on other sites More sharing options...
09thRoad 104 August 26, 2015 Share August 26, 2015 Blackjack is a game of rules, not skill, which is why the house edge is less than 1% (0.28%). It is one of the best, if not the best, casino games to play if your intention is solely to make money. I've made thousands of dollars over the years playing casually, and very few sessions actually end up with my being in the red overall. Again, I enjoy Hold'em and poker in general BECAUSE it is a game of skill, but games of skill are much harder to make a profit off of overall. Ain't much I can do but I do what I can, But I'm not a fool there's no need to pretend And just because you got yourself in some shi-, It doesn't mean I have to come deal with it You handle your own when you become a man, And become a man when you handle your own Ain't much I can do, but I do what I can, But what can I do if I do till it's gone? Link to comment Share on other sites More sharing options...
Simon 4,557 August 26, 2015 Author Share August 26, 2015 Blackjack is a game of rules, not skill, which is why the house edge is less than 1% (0.28%). It is one of the best, if not the best, casino games to play if your intention is solely to make money. I've made thousands of dollars over the years playing casually, and very few sessions actually end up with my being in the red overall. Again, I enjoy Hold'em and poker in general BECAUSE it is a game of skill, but games of skill are much harder to make a profit off of overall. Oh, don't get me wrong, I agree Blackjack is far better than the other alternatives in the pit, and for the vast majority of players it's one of the best games in the casino. Because it has an element of skill, (i.e., knowing not to be a donkey and double down on a 17) vs something like roulette which you aren't making any decisions in that effect play, the house gets away with having a much, much smaller edge since they profit extra off people not playing the game properly. I also agree for the vast majority of people, Blackjack is probably the best game in the casino to play if you want to have a shot at leaving with a profit, or at least leaving with a minimal loss for a large amount of play. All I was trying to explain is that poker isn't a game that can't be beat. My family's been living off poker since I was an infant, it's definitely not a game where it's unusual to have a person regularly profit. At any poker table, there's going to be a best player and a worst player, and that's the big difference between it and other games. If you are below average at poker, the edge is going to be atrociously not in your favor because you're going to have to get lucky to win pots, and do it often enough to overcome the rake. If you're above average at poker, then poker has the unique quality of possibly being the one thing in the casino with an advantage in your favor instead of against it. End of the day, player has more predictable wins/losses in blackjack since it's a static edge. Poker is a different beast from anything else in the casino and boils down to the saying that if you can't spot the sucker in the first half hour at your table it's probably you. They're not easy games to try and compare because of how unique they are, but neither one can't be profited from with the right player. Link to comment Share on other sites More sharing options...
GuyNamedEarl 1,332 August 26, 2015 Share August 26, 2015 How long did it take you to learn controlled rolling? It's definitely a thing, never met someone who actually had it down enough to shift the house edge in their favor. My friends and I have been playing for years, and I'm only 18 so I've only done it at a casino once, but we'd play in my parents basement. It took me about 3 years to where I can do it consistantly. I don't win every time but I definately beat the house. Creator of MLP Ruined Vines and Recorder Sh*t Equestria's Biggest Hip-Hop Nerd Everyday is Leg Day! Follow me on Twitter: @EarlBrony Link to comment Share on other sites More sharing options...
Simon 4,557 August 27, 2015 Author Share August 27, 2015 Just went to register for a $5 online sit and go, and accidentally played a $50 one instead and won it Best mis-click ever. we'd play in my parents basement. You have a Craps table in your parent's basement? XD Link to comment Share on other sites More sharing options...
GuyNamedEarl 1,332 August 27, 2015 Share August 27, 2015 Yes we have like a bar and sort of an "adult game room" as we like to call it. Apparently my dad was a gambler when he was younger. Creator of MLP Ruined Vines and Recorder Sh*t Equestria's Biggest Hip-Hop Nerd Everyday is Leg Day! Follow me on Twitter: @EarlBrony Link to comment Share on other sites More sharing options...
Simon 4,557 August 28, 2015 Author Share August 28, 2015 Just got home from a long day of poker. Played in a bounty tournament and some cash games, ended up with $1,000 profit for the day <3 Link to comment Share on other sites More sharing options...
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