Bankroll comment/question

[MrJ]

Some of us agree, if you are up 20% of your BR, quit for the day. I have no issue with that. My real question however, some have a rule of.......if you lose 70% of your BR (whatever the %), also quit for the day.

Question being, why not just BRING that 70% (which would be 100%) to the casino and when/if you lose it ALL, then quit? I dont see the difference. Why have the higher BR if you KNOW it will NOT be used?

Ken

[Gizmotron]

One of the worst methods you can have is the rule of the tourist too: Once I lose such an amount of money I will quit. You should play with the ability to see a good session from a bad or difficult session. You should have a tactic or strategy that allows you to change tactics based on conditions.

I'm testing your 22 system. I'm adding a cut off point. Do you have a best cut off point. Like 50?

[MrJ]

"Do you have a best cut off point. Like 50?" >>> 50 meaning what, dollars? I wouldn't get out of bed for $50.

Ken

[Gizmotron]

I'm  sorry Ken. I assumed that you would understand the context. 22 relates to 22 spins.  It's  a big leap to think 50 bets@ $100 each is in fact what I meant. But that is what I meant. My computer simulation of your 22 system has a cut off, win point at +30. So far there are the occasional -200 sessions at 400 spin tests. That's  why I wanted to know if you have a stop loss point.

[MrJ]

I can tell you in terms of dollar amounts.

WINNING NET -- Around 2K, out the door.

A LOSS FOR THE DAY -- 8K, out the door.

Ken

[Gizmotron]

OK I see. I'll set up the sim that way.

[MrJ]

......and the simulation is for what/who?

Ken

[Gizmotron]

I'LL  PM you with my conclusions. I'm also going to research the best stop  loss and the best size of look back spins value. You deserve to know the answer. As you know, I won't openly share everything I know.

[Gizmotron]

Gads! I thought this would do much better.

400,000 spins at a time tested:

22 - LOOK BACK
$2,000 - stop-win
$8,000 - stop-loss

This method loses $300,000 - $500,000 per 400,000 spin test.

[MrJ]

I'll really be fu**ed when I hit 400,000 spins !!

Ken

[Gizmotron]

Ken, better look again. I forgot you were using $100 units.