EC Money / JL Challenge

[Skakus]

I hope you guys don't mind, but I think the JL Challenge thread is a great opportunity to test out some Money Management (MM) strategies, so I will be using the results posted on the JL Challenge to test out an Even Chance MM strategy that I call 'EC Money'.

I will use the results from JL's selections with my own MM.

Good luck JL, if you win, I win, we all win!

If it shows enough promise as the test matures then I will explain the process. If not, then I will shove it where the sun don't shine!


Attached is a comparison of the test results thus far.

[Skakus]

I skipped the 1st result from the JL challenge link.

From there if you look at my .txt you'll see that the Lw registry overall shows -2 flat betting, but the EC Money plan's profit is +66.

The same -2 registry shows +6 for JL.


Early days...

[Johnlegend]

I hope you guys don't mind, but I think the JL Challenge thread is a great opportunity to test out some Money Management (MM) strategies, so I will be using the results posted on the JL Challenge to test out an Even Chance MM strategy that I call 'EC Money'.

I will use the results from JL's selections with my own MM.

Good luck JL, if you win, I win, we all win!

If it shows enough promise as the test matures then I will explain the process. If not, then I will shove it where the sun don't shine! .                                 

Hi skakus, its not going to. Be easy the hard part is doubling the.BR. If get there, I'm really on my way.
                                                                                                                                                                           


Attached is a comparison of the test results thus far.

[Skakus]

Hi JL.

God luck with your challenge.

If you can pick these ECs at anything close to 50% correct then my EC Money strategy should slay this game!

Using your results I'm already at +141 as opposed to your +12, with +144 being the next safe zone with bet reductions to follow.    

[TwoCatSam]

***If you can pick these ECs at anything close to 50% correct then my EC Money strategy should slay this game!***

I say let's slay it.

And cut off its ying-yang!

[Skakus]

LOL.

We'll save its ying-yang for you, TwoCatSam. 

[Johnlegend]

Hi JL.

God luck with your challenge.

If you can pick these ECs at anything close to 50% correct then my EC Money strategy should slay this game!

Using your results I'm already at +141 as opposed to your +12, with +144 being the next safe zone with bet reductions to follow.   

Well done Skakus. I'm taking it slow to start with. The idea is to build the powerbase slowly but surely. I've been telling everyone this forever. And its how I work. If I reach 400 units. Then I can take a few more risks. Remember its easy to work a money management system against events that have come and gone. When you are in the thick of it waiting for the result of each spin its something else.

The idea is to get in and out as quickly as possible. Today I got what I came for in only 10 spins. Yesterday was another story I lost count. Tomorrow could be either kind of session. Or somewhere in the middle. The age old mistake made by too many is trying to win too much too soon. And ending up losing too much too soon. Then joining the negative camp telling everyone you ain't going nowhere with this game ever.

I am trying to show to convey my philosophy and application of play with this game. Its not about winning huge amounts in a hurry. I never attempt to win more than 10 units in any one session. What I try to do is over the course of time raise the unit value. Always in relation to BR growth. Whether you play a live wheel or RNG. They are not going to hand you your winnings. You will have days where it seems easy like today was for me. Then the next day you will swear that random is out to get you. In either case you keep your focus on your objective. And remember its better to bail with a small loss or small profit. Than to leave a session with half your bankroll gone. And that gutted feeling that you have been ripped apart.

I am taking it one step at a time. I realize for many my pace will be too slow. But I am here to win over the long haul. And if I am able to achieve my objectives over the coming months. I think I will achieve something a lot more important. The openning of more than a few minds. To what is really possible with this game. And that's all I can ask for.

[Skakus]

 
I do appreciate the get in and get out way of betting is very safe & sensible. Also that it is easier to play against past results.

The EC Money strategy is all about taking money from the casino or die trying, guns a blazing!

It is a balls out method to be sure, and a large lifetime bank is needed (432 units x 3 = 1296 units) but it is also peppered along the way with sensible win goals, stop losses, and safety brakes.

There is a master progression and a slave progression, a master bank and a slave bank. The four together can be very effective over the long haul as long as you pick close to 50% winners.

Anyway we will see what we will, and if you succeed with accurate selections then when combined with the EC Money plan, the profits should flow through nicely.

I will be watching with interest.

[Skakus]

JL's most recent session has all but destroyed my momentum.

Like I said, you need to be hitting close to 50% with your bets for this to work.

Anyway I'll persist for now, but if JL can't pick his fair share of winners then there's not much hope.

Also, this MM is for the ECs only so I'll have to ignore any other bets JL makes.

[Skakus]

Attached is the updated .txt file with the current results.

Considering how JL smashed it apart with his last effort, I'm happy to be fighting on with 32 units in the bank.


I noticed a 4 unit mistake along the way so the balance should be 36 units but I'll let it slide and just continue. No biggie.

Come on JL, back on your horse, mate! 

[Skakus]

   I’ve tried a handful of ‘practice sessions’ to get a feel for this challenge format and I’ll probably try some more before I rip in.

I’ll only ever really be able to roughly explain my bet selections because even though I’m using a systematic approach, I’m still deciding whether or not to bet etc on a spin by spin basis. Also the selection method could evolve somewhat as we go.

The main point of my attempt to beat Bayes RNG is,

A) To test out my EC Money Management strategy.
B) To win, and to show it can be done (same as JL is attempting).

Now I’m no Johnlegend, and this challenge is a long term deal, but at the end I’m hoping to start a new thread called, ‘RIP Bayes RNG’ or ‘Skakus Is A Douchbag’. 

[Skakus]

 
So far I've placed 129 EC bets for 66w 63L.

Start Bankroll = 300

Current Bakroll = 351

I've made a few little mistakes along the way with the wrong amount bet, or the wrong field filled in, and I even had one little finger spasm that double clicked the program for a loss that should have been a win, but it all amounts to very little difference I would think.

This is tough, but its fun.

[Skakus]

Cool!

EC Money has made it to the first end zone of +144 units.

That means I can back off the bet size back to stage 1.

The system increases the chip range as the bank fluctuates up and down, but when it reaches an end zone, either +144 or -432, it goes back to stage 1.

There are 5 stages.

1) 1.2.3.4.5.6.7.8.9.10
2) 2.4.6.8.10.12.14.16.18.20
3) 3.6.9.12.15.18.21.24.27.30
4) 4.8.12.16.20.24.28.32.36.40
5) 5.10.15.20.25.30.35.40.45.50

In the uploaded sessions I've made a few errors in the staking but it all evens out in the end.

[Skakus]

In my last session I made a small error, so then tried to chase the few units and lost a string of small bets to lose all chips gained for the session.

I won't be doing that again, I hope.


link:://:.gigabean.co.uk/s_test.html     

[TwoCatSam]

Very interesting!