noti wrote:I guess the argument is that you have to work all these other side gigs to pay for your gambling habit. But I imagine that $100,000 royal on Dotty's NSU Dollar Deuces covered you for a couple of months at least.
On a side note, maybe I can ask you some questions: What's the longest you've gone without a royal? 5 cycles? More? And what's the most money you've burned chasing a royal?
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People who believe my "gambling habit" is net negative are mistaken. Believe that or not, as you wish. But it's true.
People who believe that writing articles and teaching and preparing for and hosting radio shows increase my knowledge and I'm a more successful gambler because I do those things are absolutely correct. That's the real benefit to me from doing those things. The actual money I get from doing those things is a small part of my income. This income IS always positive so it provides a useful cushion, but on average my gambling income is quite a bit more than my non-gambling income.
I don't keep track of cycles. I don't know how long my biggest streak has been in terms of cycles. And I switch stakes a lot, so the number of royals is not particularly important. Today I hit 2 royals --- and lost. I was playing 10 cent Hundred Play.
Years ago, when $10 single line was as big as I played, I lost about $80,000 over eight months (I think --- not positive on either the amount or the length of time. It was in the late 90s.). There were probably some $4,000 royals along the way, and maybe even one or two for $20,000 in there, but those are just bumps in the road when you're usually playing higher stakes.
Your comment about one $100,000 jackpot is strange. Do you think I hit that royal in a vacuum and it was cost free to play before and after I hit that royal? Playing NSU for $125 a hand when you don't hit royals or deuces can be quite expensive. Even though $100,000 sounds like a lot to you, it's just a once-in-43,461-hands royal. Every experienced player knows that each royal is not "pure profit." You have no idea of my coin-in at Dotty's --- or how many other $25,000 or larger jackpots I've hit there this year --- if any.
If you think I write about all of my "sizeable" jackpots, you're mistaken. There has to be some sort of "teaching moment" involved for me to want to write about a particular jackpot. Having column after column saying "I hit another one --- aren't I clever?" isn't my style. My style is more to explain WHY I was playing that particular machine at that particular time. People can learn from that. They can also learn from that kind of information even if I lose $20,000 or more in a day. The swings go up and down --- but if you're always playing with an edge and within your bankroll, you're going to end up okay.
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Posted by: Bob Dancer <BobDancerVP@hotmail.com>
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