Good way to maximize emotional EV

[The DaveR]

lol bj

2k hard eight pls.

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You need to come out and hang with me again soon so I can get you to stop making ridiculously large BJ bets. Obviously you should be playing a single hand of Casino War instead.

[DrewOnTilt]

Sounds to me like a great way to go busto in a hurry.

[DanielC]

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I happen to be 0/4 on these bets and down almost 10k

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Easily remedied in one 10k hand.

[SEAN.R.R]

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Sounds to me like a great way to go give up a little value for increased varience

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[Daliman]

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Sometimes when I'm leaving a casino, if I'm stuck for the day after a long session, I take what I'm stuck and put it on one hand of blackjack.

I figure it's a pretty close to neutral EV bet, and when I'm stuck 2k I sort of feel the same crappy feeling as when I'm stuck 4k. But if I'm even instead of stuck 2k, I'm much much much happier. So I sacrifice a tiny bit of actual EV and gain a ton of emotional EV.

I happen to be 0/4 on these bets and down almost 10k but I'm pretty sure it's a winning strategy.

Discuss.

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I know this is likely tongue in cheek, but Mike Caro discusses this in a few of his books, and it has to do with threshold of pain, where once you go past a certain point, losing more all feels the same. Obviously, this is a VERY dangerous leak. Try thinking of your losses vs your average hourly win rate, and then instead of thinking, " I lost 2k what's 2k more" maybe you will think "It will take me 15 hours to make up 2k, do I want to risk 15 more hours of free work on essentially a coinflip?"

[Daliman]

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I used to do this all the time but I finally forced myself to quit, despite running very well in my attempts.

Think about it logically. Why would anyone in their right mind bet 2k every few days on a losing game? You lose ~$50 every time you do this depending on the casino's rules. If that price is worth the thrill and the emotional +EV to you, then so be it, but it's probably only a matter of time before you are in a really bad state of mind and try to go double or nothing after losing your first BJ bet. It's a downward slope.

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As long as she has ANY clue about BJ, and doesn't play those retarded 6-5 games, about the bigggest edge against her will only be 1%, but most likely, .5%, so basically, she's tossing away a sawbuck or two each time.

[KappaSig215]

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go to roulette and bet your life savings on red or black

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like this guy...

http://www.collegehumor.com/video:1727202

[bav]

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As long as she has ANY clue about BJ, and doesn't play those retarded 6-5 games, about the bigggest edge against her will only be 1%, but most likely, .5%, so basically, she's tossing away a sawbuck or two each time.

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What're the odds in BJ if you're doing an all-or-nothing single bet? So you aren't going to be able to split or double down? I imagine you're giving up two or three percent.

Bacarrat may be the best even-money all-or-nothing bet with a 1% house edge. Pass line without odds is 1.4%. Both are WAY better than red/black/even/odd.

[*TT*]

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As long as she has ANY clue about BJ, and doesn't play those retarded 6-5 games, about the bigggest edge against her will only be 1%, but most likely, .5%, so basically, she's tossing away a sawbuck or two each time.

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What're the odds in BJ if you're doing an all-or-nothing single bet? So you aren't going to be able to split or double down? I imagine you're giving up two or three percent.

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What is the probability of winning any given hand in blackjack?

Under Atlantic City rules the probability of a net win is 43.31%, a tie is 8.80%, and a loss is 47.89%.

as per the wizard. There is no data available that I could find if you cannot split or double down, but I did ask the Wizard so we might learn soon enough.