Mar 21, 2006

Lessons Learned

I know everyone is getting tired of all of this Vegas talk, but what else do we have right now? I can tell you about the WBC game last night and how I met the Japanese guy from Major League 2 or I can go back to complaining about Starbucks.

So anyway, Lee and I were talking about what did we learn from this trip to make sure that the next trip would be better financially. Number 3 and 4 this past time worked out well for me and I will continue to follow them, but I have to find some way to remove number 1 from my memory. If Eric has to stand next to me with a bat and hit me whenever I start to put money on this then so be it...

Top 5 Things that I need to start or continue doing on future Vegas trips:
1. Don't bet on Black/Red. Or if you do, just bet it once and leave. Don't try to press your money if you loss. This ends up in you betting $700 on Black after 3 straight red hits. I've tried to stop doing this over the last couple of trips, but I get liquored up and I can't stop myself. This has singled handily cost me close to $4000 during the last three trips. Do they have a patch that reduces the urge to do this? Ugh.
2. Still not sure when to press the bets on BJ and Pai Gow. It seemed like whenever I went up to $100 in BJ, I lost. Eric and Lee, what do your books say?
3. Stay away from the Sportsbook. I did this for most of the weekend and I ended up $30. Of all people, I should know not to go crazy in the sportsbook.
4. Don't overtip the dealers. This probably saved me a good $30-$40 this month. Save it for when you leave, and if you are up then tip, but try to refrain from tipping during a session. Now, I still tipped a little during my sessions, but it was minimal and I could actually tell a difference.
5. Good looking women can still throw the dice well in craps, but be careful about going back to the well too often. For example, Carol rolled nicely for Wiz and I at the Mirage the one night, and then did fairly decent with Eric and I at the Monte that morning. But then we all went back for one last roll, and unloaded and she crapped out immediately. How did we not see this coming?

5 comments:

The Dudeman said...

Come on, I want to hear about the Japanese guy from Major League 2.

Eric Z said...

Who's getting tired of the Vegas talk - I mean, besides the Gooch?


Your posts show some fascinating insights into the mind of Derek Z.

2) Key word in that sentence: "when". Is it mandatory that you press? If so, why are you going up that high? At a $10 table, a good pressing streak is $10, $20, $40 - and if you win $40, keep all that profit and start again at $10. Not sure wht you would be going all the way up to $100.

4) I have to say, I was very impressed with your behavior with tipping this trip.

5) Again, key word: "unloaded". Did you bet more than your regular amount that last time? If so, why?

Now, take these comments from a very conservative gambler. During our run with Ines Saturday night, I made $150, which paled in comparison to what everyone else made that night at the same table. I had a crisis of confidence that night - which Don helped me get over.

You need to determine your betting strategy before the trip - whether you will be aggressive or conservative - and adjust your expectations accordingly. If you are aggressive, let's say, then a loss of $500 should not faze you.


You didn't mention point #6, increasing your bankroll at the roulette table for longer sessions. Did that work consistently on the trip?

Eric Z said...

By 'crisis of confidence', I mean I was doubting whether I should be as conservative as I was, or should I start betting and pressing a whole lot more. Don helped me get over that self-doubt.

dzahn07 said...

The $100 presses came at the $25 tables, not the $10. I don't think I wagered more than $50 at that one $10 table.

Oh, and you are right on the "increased bankroll." This was clutch. It easily resulted in a couple of very large hits at the Monte.

Other Brad said...

Believe me, The Gooch is in no way tired of hearing about Vegas. I love Vegas and want to retire there.

Unfortunately, The Gooch was supposed to go to Vegas around that same time as you guys, but work interfered and I spent my time in Tulsa, OK.

Before I get into that, let me make a few observations:

1. Hearing that Don beat Eric in Golf, officially makes me want to never pick up my golf clubs again. This is no offense at Don, I don't know him, but I do know that Eric is a damn fine hacker. I have joined a golf league this year, so maybe I might get a bit better playing 14 rounds this year instead of my normal 2.

2. I would love a picture of Derek's reaction to the stay on 16.

3. If I were so lucky to receive a wav file of Derek's reaction to the stay on 16, I would gladly make it my ringtone.

Now for "The Gooch's Adventure in Tulsa."

1. Found out on Wed that my hotel is 10 mins from "Cherokee Casino." -spent Wed night there from 8 pm - 3 am. Must be at work on Thurs at 6:30 am for 1.5 hour drive to OKC office from Tulsa. :)

2. Cherokee Casino, definitely not Vegas, reminded me of the Casino that Chevy Chase went to when he was down big in Vegas Vacation. You know the one with Table Games such as: Pick a Number and War.

3. Although small time, I ended up playing a "new" table game to me called, "Ultimate Texas Hold Em." Left that night $600 up.

4. After returning home, I heard of a Poker game at my cousin's house. My wife and child were away that evening so I got to attend. Not a large game, but left there $120 up.

5. Next day, I found out that my friend Tim's brother was also in Vegas and could place bets for me in the sportsbook. Since DZ couldn't return any calls, I didn't want to bother him to much, I placed some wagers on money lines in Vegas thru Tim's brother Mark.

-Thank You Memphis, Thank You Gonzaga, Thank You Texas.

$300 up.

So, although I couldn't attend, I still felt as if I had an excellent trip $1020.

Feel free to continue the Vegas talk, I am enjoying it immensely.