[vpFREE] Re: Bob Dancer's LV Advisor Column - 8 JAN 2013

 

Why is it that some people insist that luck is the most important factor in gambling successfully?  Don't they see those huge buildings and fancy attractions built by casinos and where they got the money to do it?

I see one particular VP player famous for discounting the value of EV, and who criticizes the strategy and thinking of the guys who do "Gambling with an Edge" and can't help but think he sounds like a close relative of mine--someone I love.  He insisted on playing 6-5 TDB at the local indian casino, and that all he needed to do was get lucky.  He had a "system." I must have tried over a hundred times to explain the math to him in dozens of different examples to no avail.  He would just smile and say "OK," then go back to his system, and trying to get "lucky."  Needless to say, after three years of repeated disasters, his entire retirement of over $400,000 was gone, he was in debt and owed over $90,000.

To all who may be new to this site, you should be clear about claims some players make.  I'll keep it simple:

--The math DOES matter--you can't win at VP unless you have an over 100% EV.
--Luck WON'T change this in VP over an extended period because the top jackpot is not big
  enough to overcome your losses.
--Beware of players who criticize or seem to take enjoyment at the supposed failures of pro
  players like Shackleford and Dancer, who are trying to help you learn to play better.  Yes,
  they ask you to WORK to get better.  It it were EASY to win, everyone would be doing it.

[Non-text portions of this message have been removed]

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