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Billyjoe strategy

Posted: Fri Nov 01, 2013 7:27 pm
by Punch1234
Been searching for billyjoes strategy has it ever been posted?

Re: Billyjoe strategy

Posted: Fri Nov 01, 2013 7:49 pm
by cook1947


I dont know if this is his stradegy, but he always told me "just refuse to loose". Works for me!

Re: Billyjoe strategy

Posted: Fri Nov 01, 2013 8:50 pm
by pokerforme
I think it includes wearing Webmans hat?

Re: Billyjoe strategy

Posted: Fri Nov 01, 2013 11:42 pm
by Tedlark
I think it includes wearing Webmans hat?

Zing...

Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 10:31 am
by BillyJoe
Been searching for billyjoes strategy has it ever been posted?
Well, thank you for asking. It is less of a strategy, but more of an approach to managing your gaming bankroll.
 
While many on this Forum correctly point out, playing VP is a continuous process, spanning sessions, gaming trips, and years. It is also driven by the mathmatics of the paytables over a long stretch of time, assuming the machines are fairly set up.
 
I recognize that, but for me, living in Florida, I need to take gaming trips to regular casino locations in order to play. I also recognize that I choose to play mostly in casinos that are in either the Harrahs/Caesars Group or the MGM fold, since I am 7Star and NOIR respectively, and they have casinos nationally, not just in Vegas. I would rather invest my gaming budget in locations where I have status, that status is portable, and I can recieve comps for my play. This means that the VP paytables are not always the most player friendly. And most importantly, I want to enjoy myself, and not exhaust my gaming funds on the first day of a 5 day trip. 
 
I use a "Win Stop / Loss Stop" approach. I break my play up into sessions, based on whatever else I have planned during a trip (golf, spa, show). I will allocate a certain amount of my gaming funds to a particular session. I will then play that session until (A) I lose my allocation, (B) I win my session target amount, or (C) my session time is over.
 
Having played VP for many years, I feel that I can regognize when I am having a good, profitable session. I want to retain some of that profit for future sessions. Based on the amount of money that I allocate for a given session, I set a "Win Stop" point. If I am lucky enough to reach it, I stop playing, and go do something else (the pool, eat, take a nap). The same goes for the "Loss Stop" point. If I lose my session allocation, I stop playing VP, and wait for my next VP session. At times, if the VP is really stale, I may stop VP a little earlier, and switch to table games, which I find I can play for longer durations with a limited bankroll. 
 
This approach, for me, offers several benefits. I know I will have gaming funds to play with on my last trip day. Worse case, I only can lose the amount of money I chose to put at risk for that gaming trip. And, most importantly, I have FUN on my trip, regardless of the gaming outcome.     

Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 12:09 pm
by Webman
Wow. It would be a lot easier to just wear my hat.


Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 1:25 pm
by Vman96
Wow. It would be a lot easier to just wear my hat.

LOL

Although I think people could benefit gambling like billyjoe. I just wish I had the money to play the levels he does...

Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 1:27 pm
by Tedlark
Wow. It would be a lot easier to just wear my hat.

Zing, advantage, webman...

Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 1:39 pm
by Punch1234
Thank you for the response. I like that style I have been using something similar.
Me and wife love just getting away. I need to work on my win points cause I might set then to high. Lol
Thanks

Re: Billyjoe strategy

Posted: Sat Nov 02, 2013 6:58 pm
by BillyJoe
Wow. It would be a lot easier to just wear my hat.
Ahh, were it only so, sweet prince.