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Robert,
Blackjack is the one casino game by which the odds can shift to your favor.
As cards are played from the deck, the composition of the deck changes,
and thus the odds change. As opposed to dice, where the odds remain the
same with each roll because the numbers are always the same on each die.
Yes, we have four riverboat casino's in the Shreveport/Bossier area, and my
office is only 5 minutes from three of them.
Al Taglavore
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> From: Robert C. Richmond <rcrich@xxxxxxxxxxxx>
> To: Rick Mortellra <rmjapan@xxxxxxxxxxxxx>; metastock-list@xxxxxxxxxxxxx
> Subject: "Systems" & Money Management
> Date: Wednesday, February 11, 1998 10:19 AM
>
>
>
> Rick Mortellra wrote:
>
> > My advice is to spend time developing a good money management strategy
> > first, then apply it to a general market observation for you trading
system.
> > As long a you have discovered an observation that wins more money than
it
> > loses (not how often!) the money management system will keep you ahead.
> >
> > regards,
> > Rick
>
> Two observations:
>
> 1. I think I am not clear on what you include in "money management" in
this
> context. Could you focus that for me?
>
> 2. The analogy of "counting cards" in Black Jack, would seem to be quite
> different as your bounds (seems to me) are much more tightly defined by
the
> known contents of the deck. (But maybe the analogy fits better if I can
better
> understand your money management concept?)
>
>
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