Feb 29, 2016

Vegas 2016 Prep

Well hello out there! Today is the 5th anniversary of Janice and I's engagement....it was a cold and dreary February day in 1996 when I got down on my knee on the Kentucky side of the Ohio River. It doesn't get much more romantic than that.

To celebrate, we (just the two of us) had a wonderful brunch at the Omni hotel downtown. Randomly bumped into another couple we knew and the four of us spent 2 1/2 hours pigging out.  Nothing like a 4,000 calorie meal at 11 am. What came after dessert? Another helping of Prime Rib! I'm still stuffed now and I haven't eaten anything since that meal. (Maybe that explain why I didn't sleep well and am up at this hour? )

That buffet certainly got my stomach ready for the Vegas trip, now just 9 days away. Need to get my game plan/strategy in order as well for the trip. Some notes to ponder as we get closer to the start:

- Loved Layup's previous post about this innermost feelings for the trip. I, too, am a little nervous about bankroll. We've got a lot of things going on this year - Spring Break trip, the golf trip to Ireland, and other things - and of course a bad college basketball season. It all adds up - quickly. And I don't have the ex-pat salary cushion anymore. ( I know, cry me a river...)

- Instead of setting loss limits on game, I like to make sure I know what I will take into a session for each game and my initial betting strategy. This, of course, will change on conditions such as time of day, alcohol intake, and general moods. But here is my initial plan for each game:

1. Craps - the hardest to figure out. Assuming a $15 table, we have:
   - pass line with double odds ($45)
   - 6 and 8 for $18 each ($36)
   - a $5 lotto ticket on the all small
   - hard 4/10 when the point is 4 / 10 (I know, awful...)

That's $86 per roller; if the point is 6 or 8, I may do a come bet instead of a 2nd place bet; this will get us to about $100 per roller..... ugh.

I think we need 7-8x the roller outlay as a bankroll, so we are talking $750 for a $15 table.

I'm looking forward to craps at the Mirage - I hate playing craps down here at the Horseshoe; I don't think I have ever come close to winning money. The thrill of the all small and a parlayed hardway just can't be beat.

What do I do at a $25 table?
  - pass line with double odds ($75)
  - 6 and 8 for $30 each ($60)
  - $5 all small
that's $140; 7x$140 = $980 so $1000 for those sessions.

By the way, we are flying through the craps curriculum here at the house with the two older boys. Freddie and Warren are now on the Craps 302 course, covering advanced topics such as:

 - What does 3-4-5 odds mean and how can you get more money on the table if you are limited by the odds
 -  What are the proper don't pass odds
 - What does "off and on" mean
 - How to ignore your dad when he is hustling for tips at the table.

It's fascinating to watch their strategies. Freddie, who is very conservative with his money, will always press his 6 and 8, while Warren - who bets $100 fields regularly - will always say "same bet" with his place bets.

2. UTH: Not much to say here. I think my baseline of 40x the ante bet is good for a session. So $600 for a conservative $15 game, $1000 for a $25 games. This has worked in the past; you can run out quickly if you get killed, but for the most part, it's ok. That's 6-7 "4x" loss hands.

3. Blackjack: Ugh. I'd like to play more blackjack on the main floor this trip - $25/$50 tables. I'm comfortable with 20x the minimum bet here. $500 for $25, $1000 for $50. Really don't want to go higher than that...... (I'll just stop here).

4. Baccarat. Double ugh. I do love this game, but this is getting expensive. (I went through my records - holy crap, what happened in 2014????? How did I lose that much money in baccarat? need to read the blog). 8-10x minimum bet is usually good, but that can get wiped out in 2 minutes with bad cards. Can we stay away ? (no...... I'll drag Mike A into this and blame him)

5. Pai Gow - this is the opposite of Craps for me at the Horseshoe. I usually have good luck at the Horseshoe with Pai Gow - mainly because I actually stay at the table when playing (how's that for an idea, Layup?) - but can't catch any cards at the Mirage, especially against John. I won't play with him at night - just too painful - but in the morning or for a break in the afternoon, yes, I'm sure I will play. I'm thinking 8-10x bet is a good enough bankroll here. So for $50 hands, $400 is fine.

6. Sports betting. I need to REALLY re-evaluate what I am doing here. This on-line account has been problematic. For the Vegas trip, it's all fun and games if you go to the window during the week and bet 87 games *.....you go 40-47 and incur a small loss, and it's a lot of fun.

However, you do that 5-6 days a week (taking off on Friday), and it really wears you down. I can't get out of the "smorgasbord" attitude I have - oooooh look, there's a 1 pm OVC game today! - and just focus. I need to just pick the 3-5 games a day (or, 3-5 in afternoon and 3-5 in evening) and shoot for those. No more picking 20 games a day.

(* - that is a slight exaggeration, but only by a little. I'm sure there have been trips where I placed over 50 wagers across 4 days).

Planning to play golf 3 of the 5 days will be good - will allow me to get out of the casino for a bit and then focus on the sessions later that day ( or early, before golf). I don't think it's healthy to spend 24 hours in the casino each and every day (which is what we did last year).

I know a lot of these plans will be thrown out the window once the drinks start flowing and the all smalls start hitting - but I firmly believe you need to have a base strategy to start with and then adjust on the fly.

(Oh - drinks - I think I need to add to my drink choices, esp at UTH. What the hell should I drink while at a 4 hour UTH session? Rum and cokes? Vodka Lemonades? Tom Collins can only take you so far....)



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