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Topic: The Jet Cash coffee lounge thread. - page 3. (Read 2462 times)

legendary
Activity: 2814
Merit: 2472
https://JetCash.com
July 17, 2019, 01:34:09 PM
I don't think card counting works with online casinos. The only people I know who have made money from playing in online casinos ( apart from affiliates ) are the pro poker players who start tables to draw in new players. They play with the casino's money, and get a %age of their winnings.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 17, 2019, 01:09:32 PM
I 4xed before in about an hour... It wasn't bad for the £300 I put in, I might keep doing this but I need to find a way to do it on a large online casino (so I don't feel as bad as the bitcoin casinos don't have much of a bankroll I don't think)...


Card counting strategies look quite good especially for me who accidentally forgets to focus on the size of chips I use... I managed to lose £200 a few days ago because I daydreamed while running with my strategy so just kept hitting deal and hit until I repeatedly went bust...
copper member
Activity: 2562
Merit: 2510
Spear the bees
July 16, 2019, 09:49:31 PM
Also, if you get 11 or 10 then double. And yes insurance is just throwing money at the dealer...
Yup. If you want to be more exact, double on 11 unless dealer has an Ace and you're not playing a <=2 deck table. Double on 10 for dealer 9 and below.

And here's another stipend when it comes to insurance:

Let 10-value cards be -9 and everything else 4. When the running total reaches a true count of 4 (i.e. total > 4 * cardsLeft / cardsTotal) you place insurance.

If you have two aces you might as well split also...
Always split Aces, never split Faces (unless you're counting).

@jetty who has the confidence to do this thing in person . You're a lot more likely to get caught too...
Live counting is where the money is, though. The point to make is to make your bets fall in line with your character or current mood. If they are suspicious (i.e. stagnant bet size then sudden increases) then you will get caught.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 16, 2019, 06:51:07 PM
A lot of places don't let you double if you have more than 11.

Also, if you get 11 or 10 then double. And yes insurance is just throwing money at the dealer...

If you have two aces you might as well split also...


@jetty who has the confidence to do this thing in person . You're a lot more likely to get caught too...
copper member
Activity: 2562
Merit: 2510
Spear the bees
July 16, 2019, 12:28:54 PM
I think my blackjack strategy works by determining the likelihood of the dealer going bust along with a small amount of martingale (it gives you the first card of the dealer, if its a 5 or 6 they're quite likely to go bust after being tempted to hit on 15... But its a bit more advanced than that so I can't explain it so well...
Keep it simple:
More low numbers = bet higher.
More high numbers = bet lower.
Never take insurance.
Never hit 12+ on dealer 3-6.
Always hit/double otherwise until hard 17.
Soft to 18 for dealer 2-8. Soft to 19 for dealer 9 to A.

You should know when to double down. Smiley
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
July 16, 2019, 11:39:15 AM
This is the guy who did the initial research into the system that I used. He wrote the book " Beat the Dealer"
https://en.wikipedia.org/wiki/Edward_O._Thorp
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 16, 2019, 11:33:37 AM
All of my possessions won't fit in a car...
I mean it'd probably take two lorries to hold everything I have at least but...



I'm thinking of trying to experiment with selling casascius coins at auction in the UK. I feel like the greater fools theory might work there and they are quite rare...


I think my blackjack strategy works by determining the likelihood of the dealer going bust along with a small amount of martingale (it gives you the first card of the dealer, if its a 5 or 6 they're quite likely to go bust after being tempted to hit on 15... But its a bit more advanced than that so I can't explain it so well...
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
July 14, 2019, 02:41:08 AM
I'm going to leave the buy order, just in case there is a flash crash. If it looks as if the price will never get there, then I can always cancel the order, and I haven't lost anything. I've decided that I need to clear at least one garage worth of scrap and rubbish, and I'll put the proceeds into my Coinbase Sterling wallet, and I can play with that. I'm still expecting a massive rise in the Bitcoin price later this year.

I want to do an analysis of the English economy as well. I'm seeing an increase in people living in cars, and some of the cars are only two or three years old. That must be really uncomfortable, and not something I would choose to do. A large converted van is fun, but a standard hatchback car must be really uncomfortable,
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 13, 2019, 01:22:58 PM
I think 8000 is a bit risky. The last fall was from 10200 to 9020.

I'd say we look like we could be forming a bear flag and if that's the case, my target would be around 8260 (the second pole doesn't go down as far as the first in this market)...

I've just sold with a hope to buy back at 8300.



Nice jazz music, is this your new background noise? I do quite like the jazz genre (it's a bit like classical but more upbeat and thus with more texture/timbre).
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
July 13, 2019, 02:53:22 AM
Good morning to all you lucky Jet Setters. It's the weekend, and time to reflect on Bitcoin and it's potential activity when the Monday traders  start playing on the exchanges. I thought that I would give you some relaxing Jazz music as a background to help you to work through the stats and reports.

https://www.youtube.com/watch?v=io85zAxiA0E

I'm going to spend some time on the Hayling Island beach, so let me know how you get on, and what you think of my current buy order which is under £8,000 ( $10,000 ).
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 01, 2019, 12:47:45 PM
I managed to lose £1000 yesterday while trading on bitmex.

The first £500 went because I managed to cancel a trade that had gone through  (somehow) and the second went because it kept saying the queue was full and then executed all of the trades regardless, I was at £100 profit and then it couldn't close the order and shot up so I'm now speculating their server is buggy and slow because they want you to make a loss and them to make a gain...

My trading account will be limited to £20 on there until I can work out why it's so buggy (if it's something I'm doing). Stop losses finally work though on there.

I've gone off 1 hour ema. I've still got a buy at £7.885, and I might just leave that there to try to catch a liquidation wick. I'll probably move another couple of hundred into my account, as I expect a bit of volatility over the next few days.

I normally don't go lower than the daily. I think the 4 hour can sometimes be useful for some TA but most people use it in conjunction with the daily ema to try to work stuff out...
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
June 29, 2019, 02:32:03 AM
I've gone off 1 hour ema. I've still got a buy at £7.885, and I might just leave that there to try to catch a liquidation wick. I'll probably move another couple of hundred into my account, as I expect a bit of volatility over the next few days.

I'm still pleased that I've been playing at trading. It has taught me a lot about the Bitcoin market, and its potential. I'm watching Krown at the moment, and he is having another bad hair day. I wish he would clean up his language, but he does seem to understand TA.

[sunday]
I'm also learning that no trading can be a good trade when you aren't sure of the direction that the price will take.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
June 29, 2019, 02:11:59 AM
It's fiddling with bet sizes instead of card counting...

There aren't many sites that will offer thst and I bet they'll switch out the deck every now and then...



Try a low ish weekly ema too like the 15 or something. A lot of the TA guys think well go down to 21 so the 20 ema should be crossed... But they do have "moving" in the name.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
June 29, 2019, 01:55:40 AM
Back in the early 60s, MIT and IBM ran a simulation using about 2 million Blackjack hands, and they worked out an optimal place. Rhis was basically a set of rules where you bet on the probability of the dealer busting. I got thrown out of Charlie Chester's casino in Piccadilly for using this method. Shortly afterwards, they changed the rules of casino Blackjack, and it was no longer possible to take advantage of this edge. It gave you about 1.5%, and slightly more if you counted cards.

With regards to Bitcoin, I think I'm going to watch the one hour EMA 12 and 26, and just trade the crosses, and I'll forget about emotion. It's just crossed bearish, but I'm already in fiat, so I can't take advantage of it.
copper member
Activity: 2562
Merit: 2510
Spear the bees
June 29, 2019, 01:51:07 AM
For now I'm using online bitcoin based games and it's great because you can resize the chips well and work out when youre most likely to make something on it (I've read this can't be done at brick and mortar ones).
I'm not aware of anything online that is good for counters. The best I've played at still only gives a pittance of a return.

What are you playing on?
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
June 28, 2019, 11:40:03 PM
I'm too lazy to walk into a casino and also don't want to be seen doing it - I used to work with kids so it just looks weird as I see them and their parents around the area.

For now I'm using online bitcoin based games and it's great because you can resize the chips well and work out when youre most likely to make something on it (I've read this can't be done at brick and mortar ones).

copper member
Activity: 2562
Merit: 2510
Spear the bees
June 28, 2019, 03:33:50 PM
My gambling strategy seems to yeild 25% profit on blackjack somehow (repeatedly)... I don't put much into it but its quite nice when I put a small amount on it.
Don't want to be a buzzkill but you've been charmed by Lady Variance.
Unless you're a counter, even basic strategy only drops HE to ~0.5% (with good rules)
Certain combinations of rules are +ev for play, but you have to know the game quite well.

Uston's APC system is actually not too difficult after learning it for a bit.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
June 28, 2019, 02:16:02 PM
8. The bitcoin price can move in different directions on different exchanges (this happens pretty regularly especially when. We're quite volatile).
9. Check your profits in btc and fiat. If one is higher than when you started, you're still in profit. If you're down £30 but up 0.01BTC then it's still a profit (or I tell myself that at least) .



My gambling strategy seems to yeild 25% profit on blackjack somehow (repeatedly)... I don't put much into it but its quite nice when I put a small amount on it.
copper member
Activity: 2562
Merit: 2510
Spear the bees
June 28, 2019, 01:33:51 PM
Some of the golden rules I've discovered.

1. Don't keep your savings in an exchange account.
2. Don't speculate with more than you can afford to lose.
3. Don't beat yourself up if the price goes up after you have sold. Nobody ever went bust by taking profits.
4. You haven't made a profit or a loss until you sell, or close the position.
5, Don't follow the herd, and do your own research.
6. Don't use a dodgy exchange that won't let you withdraw your money.
7. The best move when you're gambling is not to play.*
* unless you are +ev... then play!
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
June 28, 2019, 12:28:18 PM
Some of the golden rules I've discovered.

1. Don't keep your savings in an exchange account.
2. Don't speculate with more than you can afford to lose.
3. Don't beat yourself up if the price goes up after you have sold. Nobody ever went bust by taking profits.
4. You haven't made a profit or a loss until you sell, or close the position.
5, Don't follow the herd, and do your own research.
6. Don't use a dodgy exchange that won't let you withdraw your money.
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