A Good Gambling Plan


A Good Gambling Plan

Marshall Thuber was the first person to emphasize on “responsibility” as the most important success principle. He emphasized mainly on responsibility to our fellow human beings.

In your case, this translate to responsible gambling. Responsible gambling is possible only if you understand gambling theory. In other words, this also extends to responsibility in your decisions and outcomes on your gambling money. The way to do it is to set your own rules that apply to your gambling money, session duration and period of casino trip. First, you have to honour your rules. Second, you have to make sure that your rules are realistic. Being realistic means that your rules must consider and foresee all possible outcomes which may include best scenarios, worst scenarios and unexpected scenarios.

It is not easy to honour your rules. Many people refuse to honour their own rules because they were unable to accept the outcome. Usually, it is not their fault. It is just that their mental control breaks down. Only those who are emotionally mature are able to accept the outcome.

Ask yourself these questions:

What are your rules on money?
What are your rules on relationship with bankroll and playing sessions?
What are your rules on power to stop loss and power to quit?

From my experience in medical practice, I have found that when your mental control breaks down due to loss of money, relationship or power, people react in two distinct ways. First, they deviate from their rules, just like shifting the goal posts in the middle of the game. Their emotions are usually extreme. They may become extremely brave or extremely timid. Secondly, they go into grief reaction. Grief reaction is a symptom complex that manifest in many ways including depression. It usually takes up to six months for grief reactions to resolve.

At this stage, I would like to emphasize that NLP practitioners were the first persons to point out that human minds are unable to handle negative state of emotions. This in my opinion is very important but seldom emphasized. If you have not heard of NLP before, it stands for Neurolinguistic Programming. You can now see why it is important to clarify your rules on money, relationship and power. Clarity leads to power and wisdom. These three elements of money, relationship and power are your bluprint and checklist.

Your responsibility on money, relationship and power permeates every area of your lifestyle including your gambling venture. Gambling venture is not a ‘money’ venture. Gambling venture is a venture on money, your relationship with gambling money and your power to execute your gambling plan. Focus on the way you handle money, try to understand how you handle money under casino environment.

Finally, I would like to repeat what I have just mentioned. Your success or failure in gambling is not related to your ‘if only’ reasoning because each gambler play at their own comfort level. The quantum difference lies in the hazardous casino environment which can precipitate acute situational gambling behaviour and put you on gambling tilt. You have to be aware that the casino environment is affecting you in subtle ways as long as you remain in the game and even in the casino hotel.

You have to consider these elements in your gambling plan when you make your next trip to the casino. For example, you can work out the criteria when you will quit the game and when you will quit the casino.

You may still make mistakes because there are flaws in your gambling plan. However, always remember that a bad plan is better than no plan. You can always review your plan and improve on it. Start with a gambling plan. Do not procrastinate. Procrastination is the thief of time.

KEYPOINTS
1. Responsible gambling is possible only if you understand gambling theory.
2. Casino and game activities are environments with potential for hazards.
3. Human minds are unable to handle negative emotions.
4. Acute situational gambling behaviour and gambling tilt are due to irresponsible gambling, hazards of casino environment and inability of human minds to handle negative emotions.
5. You can counter these setbacks by having a good gambling plan.

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Feel like expressing your thought. Post your comment.
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Responsible Gambling

Four Essential Tips for Responsible Gambling

Gambling in casinos can be a lot of fun and the outcome is not always negative. However, gambling in casinos loses its entertainment value when players gamble irresponsibly. Here are the four essential tips you may find helpful.

1. It is important to set limits for yourself. Plan ahead your loss limits and time limits. Setting aside a certain amount of easily affordable money you are willing to blow away. Players who do not set aside certain amounts of money can fall into the trap of gambling to chase losses in order to win back money. For instance, if a gambler is down US$200, he or she may try to bet US$200 in order to recover the losses. However, this often backfires and can easily snowball into massive losses. Time limits are equally important. Prolonged hours of gambling can lead to impatience and tilt. For this reason, it is important to set time limits for sessional play and daily play.

2. Be smart about the source of your gambling money. Gambling money should only be taken from money set aside for entertainment. Money that is needed for everyday expenses should never be used in gambling. More importantly, you should never borrow money in order to gamble. If you are borrowing money, then that is a pretty good sign that you should not be gambling in the first place.

3. Manage your time wisely. It is always a good idea to take frequent breaks and do other activities in between gambling sessions. Some people wake up in the morning and gamble all day. Gamble a little in the morning, then stop and do something else for the rest of your day. At night, you can gamble again. Taking frequent breaks can also mean you can play better. Many players get tired, go on tilt and make mistakes. Therefore, gamble only when your mind is fresh.

4. Finally, and most importantly, enjoy your gambling. The moment you stop having fun while gambling, you should stop. Gambling is supposed to be a recreational activity. When you find yourself struggling to have a good time, then you should call it a day. Gambling can be a lot of fun, and if you follow these four tips you will enjoy recreational gambling. Never put gambling before other important things in life, and always be aware of your responsibility. If you want to gamble, plan to gamble responsibly.

responsible gambling

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RESPONSIBLE GAMBLING, IRRESPONSIBLE GAMBLING, QUIT GAMBLING

RESPONSIBLE GAMBLING, IRRESPONSIBLE GAMBLING, QUIT GAMBLING

If you can’t play responsibly, you have to quit gambling.

If you play irresponsibly without discipline and self-control, you will invariably run into serious problems associated with gambling.

When you can play responsibly, gambling becomes a recreation.

On one end of a spectrum is responsible gambling. On the other end are serious problems associated with gambling. Let’s admittedly call it irresponsible gambling or problem gambling.

How, then do you identify serious problems associated with irresponsible gambling.

When you go to the casino, you will end up with

1. Small win
2. Small loss
3. Huge win
4. Huge loss

All serious problems associated with gambling are the result of huge gambling losses. These huge losses can be cumulative or the result of just one session.
If you win whether small or huge wins, you do not have these problems. If you have small affordable losses, you also do not have gambling problems. These are responsible gambling.

Therefore, by learning strategies to avoid huge losses, you have succeeded in responsible gambling. That is the goal of this blog. That is to educate the public and promote responsible gambling.

Even though I provide gamblers with winning strategies, 92% of them lost money. It is not easy to win in gambling. Casino has odds against you. Casino also use counter-measures to make sure you lose faster. Casino reward you generously when you lose big to make you feel like a winner. Gambling is a vice. Commercial banks consider purchase of casino chips as expenses. They have good reasons.

This post is about dealing with the consequences of losing lots of money in gambling.

Losing lots of money in gambling is not fun. If this is your problem, there will come a time when you start thinking about your misguided gambling venture. Some events may have occurred to you recently as a result of your gambling. So, you decide that this is the right time to take action. You may also be fed up that gambling can cause enormous stress in your daily activities of living.

There are many reasons why people may decide to change a habit but usually it has to do with a lot of unforeseen events arising as a result of the habit. In gambling, this usually means having very serious problems with money, conflicts with the important people in your life in particular your family, your work colleagues and close friends. More importantly, the deterioration of your emotional and mental health may cause you to go into depression and in extreme cases suicidal tendencies.

Despite your worries about your gambling problems, it is still not always easy to ask for help, or even to know how and where to seek help. You might feel too embarrassed to seek professional help, or you might not have thought you need help. It is also possible that you thought you would try to solve this gambling problem yourself.

A good way is to solve this problem through the internet if your gambling problem is early and mild. You can use the internet as a shield. You can use a pseudo-name. Your identity is protected.

So, you are looking forward to a brighter and more hopeful future with responsible gambling or even without gambling. Unfortunately, many people affected by problem gambling often face a serious situation in which they owe money, a lot of money, as a result of their gambling. For some people this debt may seem insurmountable. It may take years of financial discipline to repay it or it may even be impossible to repay if your job income is threatened.

As a result, as you work on gaining control over your gambling, you may encounter difficulties. You begin to feel hopeless, powerless, meaningless, demoralized and depressed over the prospect of having to repay money that you take many years to earn.

These feelings may destroy your motivation to continue to work on your problem gambling for the sake of long-term recovery. You may feel that it is not worth working on your gambling since there is no hope in future. You may also feel that gambling may be the only way that gives you a chance to solve the financial problems more quickly.

Unresolved financial problems may also affect your relationships with your family, colleagues and close friends. This can be even more serious if the people close to you are not fully aware of the extent of the financial difficulties and subsequently understands the severity of your financial problem.

These gambling problems must be addressed as early as possible because problem gamblers may use illegal means to repay the loan. They borrow from individuals who exploit them with excessive interest rates. They turn to gambling as a way to ‘fix’ the problem. Any of these disastrous ‘solutions’ would, of course, worsen your financial crisis.

Finally, some distraught gamblers are unable to see a way out of their problems. They carry with them a great deal of shame and guilt. The gambler may begin to believe there is no way out of the situation they find themselves in, and seriously consider the option of suicide. They may believe that this is the only option left to them.

If you find yourself having these types of feelings, or if you have begun to consider hurting yourself, then it is very important that you speak to a professional counsellor or therapist, clergy, family physician or Gambling Anonymous as soon as possible to help you through this crisis and work proactively towards solving this problem.

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If you believe that you may be facing this kind of financial situation, then I highly recommend that you meet with a professional financial counsellor to discuss credit counselling and specific strategies to deal with such debt.

The next post is Self-Help Guide to Quit or Reduce Your Gambling:

If you would like to learn more about eliminating ‘lose big’ and turn your gambling into responsible and recreational gambling, this book is ideal reading. I strongly recommend it.

A Tourist’s No-Brainer Guide to Profitable Gambling: How to quit losing your money in casinos and still have fun

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Poker History Part 2

Poker History Part 2

It was until 1970 that Binion decided to re-create the poker excitement and stage a battle of the giants. The “World Series Of Poker” was born. The goal is to determine who would be worthy of the title “World Champion.” Johnny Moss came out on top. The decision was consensus in that the champion of the World Series of Poker was decided by fair competition.

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The following year, Moss again was declared the World Series of Poker Champion. It was until 1972 that Thomas “Amarillo Slim” Preston won the title. He went on the talk-show circuit. The propanganda brought about global exposures and the World Series of Poker began to gain a wider following.

It was only a year later that Binion participated in the Oral History Project at the University of Nevada-Reno and discussed the World Series of Poker with interviewer Mary Ellen Glass. “This poker game here gets us a lot of attention,” he told Glass. “We had seven players last year, and this year we had 13. I look to have better than 20 next year. It’s even liable to get up to be 50, might get up to be more than that.” Binion then paused, and as if gazing into the future, prophesied, “It will eventually.”

In the early 1980s, Binion’s dreams came true and the popularity of the World Series of Poker soared.

Today, the legacy Benny Binion left the poker community ranks as the oldest, most prestigious, and most media-hyped gaming in the world. The World Series of Poker has touched thousands of lives over the years.

Notable champions from these early WSOP tournaments include Johnny Moss, Amarillo Slim, Bobby Baldwin, Doyle Brunson, and Puggy Pearson. Later in the 1970s, the first serious poker strategy books appeared, notably Super System by Doyle Brunson
and Caro’s Book of Poker Tells by Mike Caro, followed later by The Theory of Poker by David Sklansky.

By the 1980s, poker was being depicted in popular culture as a commonplace recreational activity. For example, it was featured in at least 10 episodes of Star Trek: The Next Generation as a weekly event of the senior staff of the fictional ship’s crew. In the 1990s, poker and casino gambling spread across the United States, most notably to Atlantic City, New Jersey.

Poker’s popularity experienced an unprecedented spike at the beginning of the 21st century, largely because of the introduction of online poker and hole-card cameras, which turned the game into a spectator sport. Not only could viewers now follow the action and drama of the game on television, they could also play the game in the comfort of their own home.

Following the surge in popularity, new poker tours soon emerged, notably the World Poker Tour and European Poker Tour, both televised and the latter sponsored by online poker company PokerStars. Subsequent tours have since been created by PokerStars, such as Latin American Poker Tour and Asia Pacific Poker Tour, as well as other national tours.

In 2009, the International Federation of Poker was founded in Lausanne, Switzerland, becoming the official governing body for poker and promoting the game as a Mind Sport. In 2011 it announced plans for two new events. The Nations Cup, a duplicate poker team event, to be staged on the London Eye on the banks of the River Thames, and “The Table”, the invitation only IFP World Championship, featuring roughly 130 of the world’s best poker players, in an event to find the 2011 official “World Champion.

If you want to gamble, learn poker.

If you are excited over this post, learn poker.

If you want to train your mind, learn this Mind Spot, POKER.

Gamblinghelp provide free poker courses to educate the public and promote responsible gambling

continue Poker History Part 3

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How Not To Become A Victim of Casino Scene

How not to become a victim of casino scene.

THIS POST IS WRITTEN FOR BEGINNERS

When you are gambling in a casino, you are hypnotized by the casino environment. You are like someone in the middle of the jungle or in the middle of the ocean. Just like you are surrounded by trees in the jungle or water in the ocean, in the casino you are surrounded by free food, free lodging, and dollars as baits. So you use lady luck, system and money management action to get the casino dollars.

What is the outcome. It is the casino that get your dollars. You are scammed into playing their game of random decisions.

Why don’t gamblers consider their gambling activity as part of the big picture. Let’s use this analogy. Your gambling activities are the trees, your big picture is the forest. You must train yourself to see not only the wood and the trees but also the forest. You must be aware of the big picture that you are in the middle of the forest.

The forest is the casino scene. If you go for adventure in the middle of the forest, you will be lost without the proper tools. These tools are maps, compass and local guides.

You need these tools to handle the casino scene. Without these tools you will be lost in the jungle. My free gambling courses will help you to arm yourself with these tools.

The big picture includes both private victory and public victory. Your private victory is your health and education and your public victory is money, relationship and power.

You should do well if you approach gambling with this mindset. You can never go wrong.

If you lose, lose within tightly controlled limits. That is your expenses. Expense is recreation. You can also consider expenses as a kind of victory just like charity.

If you are able to win long term, you get income, that is money victory.

Knowledge is power. Therefore you must educate yourself with a thorough understanding of gambling theory. Passing mark is not enough to beat the casino. You need to be an expert.

YOU NEED A CORRECT MINDSET TO HANDLE THE CASINO SCENE.

In this blog, I am persuading the readers to support its goal of educating the public and promoting responsible gambling.

I started this blog because I am very much inspired by the sincerity of the Singapore Government in promoting responsible ganbling.

If you have any question, email me at

soondr@gmail.com

Subscribe to Beginner’s Free Gambling Courses

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How The Late Arthur Irwin Bruce was Barred from the Five Largest Casinos in the UK

How the late Arthur Irwin Bruce was barred from the five largest casinos in UK.

After he was barred from the five largest casinos in the UK, Bruce set up 60 schools throughout United States to teach gamblers how to win in gambling.
It was said that the start up cost of his 60 gambling schools came from his winnings.

Bruce was a former dental technician. His death was a tragedy. He was shot dead by his stepson.
Many of his peers and fellow professional gamblers consider Bruce as a talented champion gambler.

This was the initial method he played. Bankroll 700.

10, 10, 15

When you cancel off the numbers you have won 35 units.

He starts by betting the first number on the left 10. If lost the string becomes

10, 10, 15, 10

He bets only one number when losing. The goal is to protect your bankroll. Protecting the bankroll is the priority in gambling.

He bets 10 again. If lost, the string becomes

10, 10, 15, 10, 10

He bets 10 again. Lost again. Now, the string is now

10, 10, 15, 10, 10, 10

Next bet. He bet 10. Won. The string becomes

10, 15, 10, 10, 10

Because he won, he takes two numbers, the first and the last numbers. So he bet 20. Won.

The string becomes

15, 10, 10.

Now he take three numbers. Bet 35. If won, he conclude the series. If lost, the string becomes

15, 10, 10, 35

Because he lost, he bets only the first number. He bets 15. Lost. The string is

15, 10, 10, 35, 15.

He bet 15 again. Now won

10, 10, 35, 15.

Now bet 25. Won

Now bet 45. Won.

Series completed with a net win of 35.

DISCUSSION

He reduces bets to protect his bankroll when losing. He increases bets up to a maximum of three numbers on winning streaks.

His bet selection is “follow the last”. When he lose five times more, he switched over to “opposite the last.”

Initially he took loss when losses hit his bankroll, that is 700.

After playing for some time, he modified his method. He felt it was not necessary to take loss.

So, he claimed his winning is 100%, but still not holy grail.

He felt that it was not necessary to play the numbers.

He used percentages.

When losing in a row, he will play only 10% of the total of the outstanding numbers.

When winning, he will go for three numbers until he conclude the series.

ILLUSTRATION

Let’s assume the numbers are:

35, 45, 60, 75, 95, 105, 135,

Total=550

He would bet 10% of 550 = 50.
If won. He bet 40% of 500 = 200.
If won he bet=60%of 300 = 180.
If won he bet the remaining 120.

If won he would have won the string of 35 units.

Remember he bet 10%, the 40%, then 60% then 100%.

If the string gets too long, he would bet only 5%, then 10%, the 40%, then 60% then 100%.

Generally, he concluded his series whenever he won four to five extra times, not necessarily consecutively.

And adverse run doesn’t get him because he bets only 5% of the outstanding losses.

This means he concluded his series anytime when a mild winning streak come to the rescue.

In the early years of his career, he accepted losses when losses hit his bankroll of 700. However, in the latter part of his career, he said it was not necessary to take loss.

That was when his profit became enormous. And he was finally barred from the five largest casinos in the UK.

He did not explain how he handle his play when the numbers got very big.

You can see. This is another example of success story using smart chasing of losses.

I have modified his method especially when the numbers got big. And I have used it with great success in actual casino play. If you are keen to know how I do it, email me at

soondr@gmail.com

GAMBLINGHELP is my latest project. The goal is to educate the public and promote responsible gambling.

Gamblinghelp provides free gambling courses to help gamblers in recreational gambling, professional gambling, quit gambling.

Subscribe to free gambling courses:

Free Gambling Courses

WARNING: THIS METHOD IS FOR PROFESSIONALS ONLY. YOU WILL BE DROWNED IF YOU DO NOT HAVE SUFFICIENT PLAYING EXPERIENCE.

Midas Touch System

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Review of Beat The Casino by Frank Barstow

Review of Beat The Casino by Frank Barstow

Frank Barstow was a Wall Street Analyst. Upon retirement he did substantial research on gambling systems.
All the gambling systems are documented in the book “Beat The Casino”. The book is now out of print.

He concluded by saying that he could have named these systems as “Royal Road to Riches, but he chose not to”. Then, in the epiloque, he criticised the politicians for legalising the casinos.

He explored up as you win systems, up as you lose systems, bet selection and partnership play.

UP AS YOU WIN

If you would like to go for small but consistent wins, parlay is a good system to use.

Barstow recommends this system

2 3 4 5 7 10.

Total= 31 units.

He said you should win 42 units for every 31 units that you lose.

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You can also use the 31-parlay system

1 1 1 2 2 4 4 8 8

This system was documented in Las Vegas magazine. This old man make a living playing just one system.

The total loss per series is 31 units. That is why it is commonly known as 31-parlay system.

For playing parlay systems, use the reverse-repeat bet selection (more on this later).

And try to chose tables with lots of doublets and avoid tables with lots of singlets or chops or jumps (whatever you call it).
It does not matter if the cards do not go your way. You still have to do it for the benefit of the doubt.

Up-two-down-one system. Barstow says this is the best system. So, he lent his name to this system.
Now it is known as Barstow’s system.

1 2 3 5 7 9 11

Starting bet is one unit. You move up either one level or two units after a win. You reduce one level after a loss.

Generally, you conclude the series after three wins in a row, www, or two wins one loss then another two wins, wwlww.

It is not necessary to end the whole series after say www.
You can pull back to a lower level somewhere in the middle of the series if you still need to catch up.

Everytime you lose, you reduce one level.
If you lose three big bets consecutively exceeding 30 units, you drop the whole series. Execute your strict limit on losses.

Barstow said he played eighteen four hour sessions. His results are as follows:

Won 14 four hour sessions averaging 350 per session
Lost 4 four hour sessions averaging 150 per session.

See some examples here and figure it out yourself how I play this system.

Losses are in brackets

The examples are taken from my log playing 5% baccarat in one of my overseas trips.

Example 1:

1, 2, 3 won 6 units

Example 2 :

(1), (1), (1), (1), (1), (1), (1), (1), 1, 2, 4, 6, 3, 5 won 13 units

Example 3:

(1), (1), 1, (2), (1), (1), (1), 1, 2, (3), 2, (4), 3, (5), (4), 3, 5, 7, 9, (5), (4), 3, 5, 7. Won 16 units

Example 4:

(1), (1), (1), 1, (2), 1, (2), 1, 2, (4), 3, 5, (6), (5), (4), 3, (5), (4), 2, (4), 3, (5), 4, (6), 5,
(7), 6, 8, (10), 9, (11), 10, (5), 4, 6, 8, 4.

Won 2 units. Despite losing the two highest stake of 10 and 11.

You will notice how I deviate from the basic rules.

To win playing this system skilful handling is a MUST.

Note:

Play within your comfort zone. Professional gambling is a trade-off between risk and reward.
You must be comfortable with the risk in order to take the reward.
This method is still smart chasing of losses. The odds are still negative.

UP AS YOU LOSE

All up as you lose systems fall under the grind category.

Barstow says 80% of the professionals only escalate on winnings whereas 20% of the professionals also escalate on losing.
To the latter, they say it is the surest way to win.

Barstow describe the following systems.

1. Doubling up or Martingale.
Barstow recommend strict limit of losses at four levels.
Careful bet selection is a MUST to come out ahead.

2. Fibonacci.

1 2 3 5 8 13 21 34 55 89 144 233

Twelve levels.

Barstow says bet selection is crucial to come out ahead.

Just follow my blog. One day I will describe to you how I modify these fibonacci numbers for optimal play. I won between 50 cents to one dollar per bet. That is, if I had played one thousand bets, my winning is US$500.

3. Two-Five system.

Barstow recommend this system. He says it is a good especially when

played with partners or use imaginary partnerships.

You create a string with five numbers.

For example 2 3 5 7 10

Start with two units you keep pushing up until you get two wins or lose the series.

Anytime you get your two wins you conclude your series.

For example your winning series can be

2, 3
(2), (3), 5, 7
(2), 3, 5
(2), 3, (5), 7
2, (3), 5
2, (3), (5), 7
(2), (3), (5), 7, 10
(2), (3), 5, (7), 10

For bet selection, Barstow recommend a method he named it “PATTERN”.

In this bet selection you will lose to double chop or two-two, but win all long series of single chop (or jump or alternating). You will also win all long streaks of BANKER as well as PLAYER.
You only lose to BANKER second liner and PLAYER second liner.

The REVERSE of PATTERN is the bet selection known as REVERSE-REPEAT.
Barstow recommends player switch to REVERSE-REPEAT when they notice they are losing more times.
In REVERSE-REPEAT, player wins the first liner and second liner of both BANKER and PLAYER.

REVERSE-REPEAT bet selection is ideal when you are playing systems like parlay where two consecutive wins are crucial.
I repeat,

REVERSE-REPEAT BET SELECTION IS IDEAL WHEN YOU ARE PLAYING SYSTEMS LIKE PARLAY WHERE TWO CONSECUTIVE WINS ARE CRUCIAL.

Take some time to explore these systems.

If you have any questions, email me at

soondr@gmail.com

My goal is to help you all to become better gamblers.

When you become better gamblers you will know what to do.

“I agree with the position that to help gambling addicts, one must help them become better gamblers. Once they understand gambling theory, the smart ones will leave gambling for good or small trips, the not-so-smart ones become living examples of their recklessness/arrogance/stupidity.
My teaching is free and always will be.

Gamblinghelp can help you in

1. Recreational Gambling

(i) beginner recreational gambling

(ii) advanced recreational gambling

2. Professional gambling

3. Quit gambling.

I am looking forward to develop this website into a meaningful gambling community network. I appreciate the assistance and co-operation of each and everyone of you.

The goal is to educate the public and promote responsible gambling. It is designed to help you to protect yourself.

Tell your friend about this blog. Tell them to email me or subscribe to my free gambling courses so that I know who they are. Email me even to say, hello is welcome.

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