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bob Dancer's new column, new question

chefantwon
chefantwon
Mar 4, 2011
4:55am
Block User
Quote
Originally posted by: slapinfunk
Just a dollar amount in a bankroll does not mean much.

If the 10K bankroll is for $1 VP, thats 10,000 credits.
If the 10K bankroll is for $100 VP, thats 100 credits. -------don't you mean 1,000 credits????????

Now the 80K roll...

If the 80K bankroll is for $5 VP, thats 16,000 credits.
If the 80K bankroll is for $100 VP, thats 800 credits.



I always thought more $ ment you were likely doing better.....
MoneyLA
MoneyLA
Mar 4, 2011
4:59am
Block User
arc this is what I wrote, and if you dont believe me, go back and re read it yourself:

So, how many $300 per session losses can a gambler with an $80K bankroll endure? About 266.

Thats it buster. No more. No less. You want to make a big argument over it... go ahead. Count me out. Talk to yourself.
vpman80
vpman80
Mar 4, 2011
5:08am
Block User
$10,000 ÷ $100 = 100 credits...


Money plays at a $5 level. If he has a session when he wins $4000, he won 800 credits.

The $0.25 player, if they win 800 credits thats $200
The $0.50 player, if they win 800 credits thats $400
The $1 player, if they win 800 credits thats $800
The $2 player, if they win 800 credits thats $1,600

I'd rather win the 4K, but you could easily loose 8K trying to get there...
KayPea
KayPea
Mar 4, 2011
5:10am
Block User
But, how many $300 per session wins can a gambler with an $10K bankroll endure?

vpman80
vpman80
Mar 4, 2011
5:17am
Block User
what denomination is the 10K bankroll player playing?
mrmarcus12LVA
mrmarcus12LVA
Mar 4, 2011
5:25am
Block User
Quote
Originally posted by: MoneyLA So, how many $300 per session losses can a gambler with an $80K bankroll endure? About 266. What the math cannot predict is when you will have a win.
More of the same complete nonsense. The number of $300 losses sustainable depends upon the person's EXPECTATION. You are confusing a recent loss with the person's expectation. If the person's expectation is a $300 win, he/she can likely sustain an infinite number of $300 losses, with an $80K bankroll. And anyone with that bankroll would likely pay a significant portion of it, if possible, to cap any losses at $300. Of course, that's not possible.

Quote
Originally posted by: KayPea And to the original question in the thread, the $10K bankroll is better because it belongs to a winner. As Newton's first law of motion would suggest, the winner will keep winning and the looser will keep loosing.
A $300 win doesn't make a player a winner.



KayPea
KayPea
Mar 4, 2011
6:35am
Block User
Quote
Originally posted by: mrmarcus12LVA
A $300 win doesn't make a player a winner.


It beats a kick in the sack.
snidely333
snidely333
Mar 4, 2011
7:18am
Block User
No matter what Dancer writes by page 3 it is the same old shit with you guys.
chefantwon
chefantwon
Mar 4, 2011
7:30am
Block User
Quote
Originally posted by: slapinfunk
$10,000 ÷ $100 = 100 credits...


man, I am just off today with that $10k, maybe I'm expecting another 0 in there.
arcimedes
arcimedes
Mar 4, 2011
8:30am
Block User
A general rule of thumb is you should have around 3-5 RFs worth of bankroll. That means $10K gets you to the .50 level at best unless you want to risk losing it all. The $80 bankroll could manage $5 VP but with more risk than I know I'd like.

Of course, most people don't think in terms of bankrolls because they have jobs that can feed into their VP play.
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