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D'ya Wanna Win, or
D'ya Wanna Gamble?
Most
gamblers subscribe to Nick
the Greeks
philosophy: "The
next best thing to winning at gambling, is losing at gambling
the most important
thing is to PLAY." Of
course, I DO NOT agree with that statement, but like I said, most gamblers
do. Consistent
WINNING is what separates people who gamble for the ACTION, and those
who play for the PROFIT. Winning is
part of my strategy, not part of my prayers. With
intelligently structured betting-methods, skillful Precision-Shooting, well thought out
Money Management, and iron-willed DISCIPLINE
this game is winnable
and can be
CONSISTENTLY PROFITABLE
but you have to decide just WHY you are playing. This
brings us back to the central theme
Dya wanna WIN, or Dya just wanna
gamble
and HOPE that you somehow manage to eke out a profit once in a while. Why
Are You In a Casino? If
your aim is to go to a casino to gamble and not necessarily win; then this series of
articles is definitely NOT for you. If on the
other hand, you are tired of losing, and you are prepared to make some changes to your
game that will bring more GAIN, less PAIN and a whole lot more profitable
consistency
then dicesetter.com is for you, because this series is designed
to gently nudge you in the direction of WINNING MORE and LOSING LESS. Most
Go To PLAY, I Go To WIN! I
love winning, and I hate losing. Most people
are in a casino for entertainment, while I am there strictly for the money. If I cant win, Im not interested in
playing. That is what keeps me away from the
slot machines, keno lounges and Pai Gow tables (see
Professional
Precision-Shooter vs Full-Time Gambler ). The
Corporate View If
the rules of craps change so that I am no longer permitted to use Precision-Shooting to
engineer most of the risk out of the game, then I will turn my back on the casino and
probably never play again. Im not going
to give my money to a corporation for the pleasure of losing. Oh, Ill still gladly own shares of their
publicly-traded stocks, but I WONT contribute to THEIR profitability with MY
money. Playing
the game for the pleasure of gambling is a lot different than playing the game for profit. When you first employ conservative
betting-methods, some people find the game less exciting because the rush of the
risk isnt as high. However,
they soon learn that the satisfaction that comes from being able to continually walk
away from the table with MORE money that they walked up to it with, is just about as much
fun that they can have with their clothes on. Gaming
Gurus Dont Agree I
get the impression from the writings of various gaming gurus that the gamble
part of the game, is much more important to them than the actual winning
part of their game. If they put as much
passion into WINNING every game that they try to master, as they put into PLAYING
as wide of a variety of casino games as possible; they just might fare a little better in
the profit-department. Oh
sure, theyll tell you that they want to win and that they
like to win, but if they get to play and they break-even, then thats
a good day in their eyes. If they lose, they
put it down as gaining more game-experience. The thing is, gaining experience
without being able to translate that new understanding of skill and knowledge into a
consistent winning combination, is just time spent on something that is COSTING you money,
and not MAKING it. Therein
lays the big difference between them and me. They
GAMBLE in hopes that they can continue to PLAY. I PLAY so that I can continue to PROFIT. Make
no mistake; I am in this for the money, NOT the thrill of the chase. If your love of the risk and the thrill of the
game OVERPOWERS and OVERSHADOWS your win-objective; then I want to help you shift your
emphasis from just PLAYING to WINNING! So,
lets start to shift your thinking away from the action of the gamble
and move it towards the profit of the win. In
a Casino
WINNING Is What Its ALL About Have you noticed
that the casino advertisements always show happy, smiling faces? They promote their outstanding entertainment, plus
the fun and excitement that makes up their all-encompassing casino-experience. Americans gamble and LOSE more than $100 BILLION
DOLLARS each year while being entertained that way. The REASON the
casino-corporations WANT you to be entertained is so that you feel you are getting
SOMETHING of value for your money as you LOSE. Whether
it be at the tables or in the machines; if they can charge you up with artificial
excitement, its a lot easier to separate you from your money. People seem to be of the mind that, If I
cant win, I might as well be entertained, and that is exactly how they
want you to feel as they take your money. In
most cases, the happy, smiling faces belong to the gleeful casino executives, and NOT the
players. Casino executives
refer to the free liquor that they serve as chip remover. Alcohol makes it much easier to disconnect a
player from his money. The sensory stimuli
of the sounds of winning, the distraction of clashing colors, clanging bells,
flashing lights, ringing bells, and general crowd noise all add up to an overload of
senses and a disconnect from your common-sense. That is where I
come in. When you combine Precision-Shooting,
proper betting-methods, money-management and discipline; the money has a tendency to flow
your way instead of going in the opposite direction.
Youll soon find that consistent profit tends to bring a LOT of smiles
your way. If You Refuse to
Change
You can ignore me,
and go blithely along the same path that your casino gambling has been on all along. Its your choice, and it certainly is your
money (for now). If you are in a casino and
you arent playing with an advantage, then as Lawrence Revere
would say, "When you lose
expect it". A Simple Mantra Repeat after me: Money COMING this
way (to you) is a good thing. Money GOING that
way (from you) is a bad thing. That simple concept
seems to be so hard for some people to grasp, yet in the casino, that is exactly what your
goal should be. As soon as we lose sight of
that objective, and seek to be entertained as some sort of fair exchange for the
money that we are losing; then the outflow of our cash (losses) almost always exceeds the
inflow (profit). You can continue to call
that entertainment; I call it losing. Winning Concepts In
the casino: Winning
is the only important concept. Other
attitudes are for losers. Without
discipline you are dead. If everyone played
with iron-willed discipline, the casinos would be dead. Only
the very lucky win by ignoring proper betting-methods.
Extreme luck never lasts. A
select few know how to consistently go home as winners.
The rest go home and say they were entertained. Those
with big egos and low self-esteem will have more bankroll volatility (higher highs and
lower lows) than those who keep their self-worth separate from their betting decisions. Big egos occasionally garner bigger wins, yet
suffer larger losses, and rarely retain any of their profits. Turning
Precision-Shooting Profit into Random-Roller Losses Most
dicesetters give back their own Precision-Shooting profits on other random-rollers out of
fear, greed, impatience and BOREDOM. As
they wait for the dice to cycle around back to their position, they HOPE that each one of
the random hands that they see might potentially develop into "THE" hand
of the day, or at least one that they can profit from.
In most cases, it turns out to be just another short-lived (and
unprofitable) random-roll. To
deal with that situation, I wrote a five-part series of articles entitled
Creating More Shooting Opportunities. That series chronicles various ways for you to get
the dice into your hands more often. As a
skilled Precision-Shooter, youll find that your performance is generally better than
most random-rollers. Moreover, as your skill
improves, youll find that the duration of your rolls are more consistent and
predictable than a random-roller. While a R-R
may occasionally manage to string together a great hand, it never happens nearly often
enough, and it certainly isnt predictable as to when it may happen again. As
your shooting-skills improve, you actually have to decrease the amount of money that you
are willing to risk on random-rollers. Heres why:
Ø
As you improve as a Precision-Shooter, more and
more of your profit will come from your own hands and not from the volatile randomness of
the game. Ø Bets on random-rollers will sometimes win, but most times, lose.
Ø
As your Precision-Shooting skill increases, you
have to move away from exposing your bankroll to random volatility and move it towards the
increased predictability of advantage play.
Ø
Most Precision-Shooters turn the lions
share of their profit back into random-roller losses, but theres no rule that states
that you have to be one of them.
Ø
The revenue from your own shooting will
increase, but if the rest of your game remains the same; then it is still subject to the
wild bankroll-gyrations as you continue to bet on other unqualified shooters.
Ø
We want to decrease the depth of bankroll dips,
and increase the altitude of the bankroll-highs.
Ø
While you will still have ups and downs, my
conservative, low-risk approach will tend to give you more ups
and less downs.
Ø
At the end of the day, the amount of
Precision-Shooting profit that you will be able to keep will be determined to a large
extent by how much and how often you bet on random-rollers.
Ø
Remember that we are taking as much gamble
out of the casino experience, and inserting as much skill as our
Precision-Shooting will allow.
Remember that we are taking as much gamble out of the casino experience, and inserting as much skill as our Precision-Shooting will allow. Shortcuts
to Success There
really is NO SHORTCUT to success in the field of dice-setting. The
one element that stands out in a lot of the e-mail that I receive is most novice shooters
frustration, when it comes to consistency. When
it comes to being able to make steady profits, there really is no substitute for: Ø Proper practice techniques. Ø Wise money-management. Ø Iron-willed discipline. Ø Adequate bankroll. Ø Suitable betting-methods. It
seems that everyone WANTS the results, but VERY FEW are willing to put in the time,
effort, commitment and discipline that is necessary to achieve them. In
addition, there are countless players who COULD earn steady profits, but they refuse to
change their betting methods to match their current Precision-Shooting
skills, or they place all of their faith (and a disproportionate amount of their bankroll)
on high-erosion bets that boost their ego when they hit, but quickly diminish their
bankroll when they don't. The
Road Ahead It
is true that when you read about the whole idea of perfecting your Precision-Shooting
(along with all of the supporting skills); it is more of a journey than a
destination. I havent gotten
to perfection yet either, but I am still making excellent profit as I continue to improve
my game. When
I look back to where my skills were just three or four years ago compared to where they
are today
I am AMAZED! Every
week brings more improvement, new insight and more profit.
I can only hope that in two or three years from now, Ill be able to
look back on my current skills and proudly smile as to just how far Ive progressed
from here. I have the benefit of hindsight
telling me that while Ive come so far on this more win, less gamble
voyage, Ive still got a long way to go. So
far, it has been one hell of an enjoyable and profitable journey. You
are welcome to join me as we continue that journey. Until
next time, Good
Luck & Good Skill at the Tables
and in Life. Sincerely, The
Mad Professor
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