-EV * -EV = +EV

Posted by Bill @ 6:31 am

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Last night was the big company Xmas bash. Some readers may find this hard to believe but once I found the bar I didn’t leave; even for dinner. A bunch of us headed over to the casino afterward and hit the -EV games.

I bought in at a £5 table for £100 and felt shortstacked as everyone around me was buying in for £300 and £400. After donking off about £50 I went to the cage and bought in for another £300 which they gave to me in those cool little rectangle cheques.

It was late and the casino was near closing (4am) when I went on my run. I ran that remaining £50 from the first buyin into about $350. I gave about £50 of it back when the dealer called “Last Hand.” I put £100 out there and watched as the dealer got blackjack and sent us packing on a losing note. Still, I ended up £200 (about $392) which puts be about back even. Obviously the first session at the casino was a complete fluke and really my fault because I hadn’t properly put myself into a -EV mindset.

WINNING BLACKJACK TIP: If you play a –EV game while in a –EV mental state (completely ripped) you have a massively positive expectation due to the fact that two negatives equal a positive.

-EV Black Jack * -EV Mental State = +EV

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