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Managing Table Stakes

Postby semperfi » Thu Dec 16, 2004 2:32 pm

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ATE never said they don't work!!

Postby AdamtheExpert » Fri Dec 17, 2004 7:00 pm

ONE of the most important cournerstones, of ATE methodology, is the PLUCKING absolute, and I mean ABSOLUTE use of win goals and stop losses!!


Just because people like Roy Cooke, and some others, THINK they don't, does NOT mean that they don't.!!!!

Man, these guys, are so TOTALLY wrong, it ain't even funny.

This is one of the most important things, that I am reserving for my books, so I cannot go into com plete detail, because I have a trademark expression, and I DO NOT WANT ANYONE EVER SAYING THAT THEY INVENTED IT.

So, let's look at this situation, in terms that apply to you

(Ed note: this is a CLASSIC ATE teaching method)


I'm assuming that since you are using the Marine Corps motto, that you are a Marine.

Let's say that you were sent back in time, to say Saipan, circa 1944


There are 10 enemy machine gun nests, and your commanding officier has ordered you to destroy as many as you can, while also trying to stay alive. There will be no reprecussions, if you only take out a few, they trust your judgement and your courage.


You start with a Thompson, and 120 rounds, and 10 grenades.

You take out 5, using up 5 grenades, and half of your ammo. You are not tired, or even injured. Now, while attempting to attack the sixth, your arm is grazed by a bullet
(in poker terms, you just had a bad beat) No serious injury, you can proceed

If looks like the riflemen protecting this nest, are better shots than the last (players are better)

Should you continue?


OR DO YOU PLUCKIN' LIVE TO FIGHT ANOTHER DAY, HAVING DONE YOUR JOB

AND SAVED MANY MARINES (won a lot of chips)


IF WILLdDEBATE MALMUTH, SKLANSKY OR COOKE, ANy TIME ON THIS


I AM RIGHT, AND MY SUCCESSFUL STUDENTS WHO WALK AROUND WITH SO MANY BENJIMINS, THEY CAN'T FIT THEM ALL IN THEIR WALLETS, FOLLOW THIS PRINCIPLE




And yes, you should always try to stay around the max, unless no one else has this much.
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Postby semperfi » Sat Dec 18, 2004 5:04 am

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It's more complicated than that, Semperfi

Postby AdamtheExpert » Sun Dec 19, 2004 11:46 am

But, you didn't comment about my time-travel story!!

It's more complicated than that. I would have to work a long time, to make a good formula.

Just suffice it to say, that THERE IS NO SUCH THING as winning a nice amount, and giving it back. (In the ATE world)

This does not mean, just one double-up


If you are the good player, and are up against some goober with a large stack, you cannot just cut and run, like some chicken.

But, once things are CLEARLY going against you, HEY WAIT A MINUTE!! I said NOT to ask fresh questions, within another thread.
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Postby semperfi » Sun Dec 19, 2004 2:04 pm

Hi Adam,

You are right, I am a bloodsucking amphibious warrior, and I loved the time travel, combat analogy.

Sorry about asking another question in this thread. I wasn't sure how you counted mine, as it was a follow up on the original question to get clarification.

Thanks for the response, I am sure I will be bugging you again soon Adam.
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