Tournament Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
Now that you have gone this far with this booklet,
Now that you have gone this far with this booklet, it is time for you to branch out and prepare your own analysis. Table 9-2, Modified Saw Tooth/Progressive Method of Betting – Format for Reader’s Exercise, is provided for your use. This writer has included in Table 9-2 the Amounts to be Bet for both the Win Streaks ($15, $10, $5, $5, $10, $15) and the Lose Streaks ($15, $15, $15, $25, $50, $95). During the Lose Streaks the bets tend to be progressive. But these progressive bets are not a Martingale. They were designed to limit Risk relative to the Risk of the Martingale. Now fill in the blanks in Table 9-2. Note: to determine the Average “Winnings” per Cycle add the difference values for Lose Streaks 1 through 6W and divide that sum by 64-1 (the average number of streaks for 1-6W.) After you are done and satisfied then check your answers against the Appendix Table 9-2. Also the Appendix discusses Table 9-2 further.
10. Money Management
10. Money Management Money Management is a much-talked about subject in gambling books yet it seems to remain a somewhat fuzzy subject. This author will not attempt to clear that fuzziness. However, look at the bottom portions of Tables 8-1, 8-3, 9-2 and Appendix Table 9-2. In these portions is the author’s attempt to provide money management specifically designed for some of the betting systems developed herein. Referring to Table 8-1 in Step 1 (Take to the Table $70) the $70 is the sum of the amounts bet for Win Streaks 2 through 4L ($30) plus the sum of the amounts bet for the Lose Streaks 1 through 4W ($40). Step 5 is the dollar amounts bet for the Win and Lose streaks. Step 3 is the dollar amounts converted to chips. Step 4, termed Verifications, verifies the chip amounts of Step 3 and the dollar amount of step1 ($70). Step 2 is what one asks for from the dealer. The player then stacks his chips in accordance with Step 3 and plays their represented dollar amounts in accordance with Step 5. If one reaches the number of desired playing cycles (for instance four for a 25% probability of losing Streak 4) he or she should quit the session. Also if one loses streak 4L he or she should quit the session.