By the comments on the last entry – and the private e-mails I received – I realize that I have touched on a VERY sensitive VP nerve. Many questions have arisen and many comments bring up important related issues. I will try to answer these questions and address these issues in the coming weeks, but in the meantime I encourage all of you to read the comments frequently. Often there is as much valuable information there as in the blog itself. A community of knowledgeable VP players is out there, and I am so happy that some are willing to share their experiences and expertise here so we all can all become more skillful and thus more successful players. So feel free to answer questions other commenters pose, to bring up problems you have encountered, and/or to share resources you have found helpful.
One part of that last blog entry that caught a bit of flak was my comment that you shouldn’t call yourself an “advantage player” if your plays are not always 100%+. Actually I was careful to go on to explain that I was not dissing players who did not stick to positive plays, but I wanted you to be very honest with yourself. I like the Suze Orman expression “standing in your truth.” This money guru says you will never be financially stable unless you face all the monetary facts in your whole life. The same holds true with your gambling life, whatever or wherever you play. You must analyze every part of your play and KNOW what your edge or the casino’s edge is and whether your bankroll is sufficient for it. Here just “kinda knowing” is extremely dangerous.
So this series on bankroll and related issues is an effort to help you “stand in your truth.” Some of you may be casual gamblers who haven’t done much study on your “hobby.” You may not realize how much information is out there to save you money in a casino. You may be a beginning casino visitor who wants to learn more of the facts so you can eventually become more skilled. And some of you may be former “advantage players” who are transitioning to “just recreational players” because you still want casinos to be a good vacation/leisure time option even when the VP offerings have gone south.
Everyone whose main goal is entertainment wants to find ways to stretch their bankroll and extend their “fun time.” Those who are or aspire to be “advantage players” will want to find every piece of information they can to achieve their high goals. We all can use help! Let’s help each other. I hope to see many “Comments.”