Hello All. I wanted to share with you all an excerpt from the book "Ten Days at Monte Carlo at the Banks Expense"
I find this book fascinating reading and it makes a wonderful point about playing any system.
To quote the book, "A very essential point about a good system is simplicity. The more elaborate and complicated your system may be, the more certain it is to fail. There is no doubt that the croupiers will be on the look-out for the moment when you begin to get into deep water, and then, by spinning quicker than usual, they will prevent your working out any elaborate calculation to arrive at the amount to be staked. They will flurry and bustle you, and endeavor to make you lose your head and your temper, at critical moment, and from what I have seen myself and from what players themselves have told me, it is very certain that they often succeed.
It is no use people attempting to play a system unless they are specially qualified to undertake it. A few indispensable qualities are, a clear head, unlimited faith in the system, dogged perseverance, the best of good tempers, and plenty of pluck. Anyone who does not possess all of the above qualifications, in addition to a few others, had better leave systems alone; for to play a system impatiently, timidly, or with insufficient capital is quite the surest way to lose."
"Most systems fail because the stakes are increased too quickly: the player gets into big figures, strikes a run against himself, and is either defeated by the maximum, or from want of capital."
"The fact of the matter is that he is too greedy, and has not the sufficient patience. If he commences by losing, he is in too much of a hurry to get his money back. If he wins, at first, he stays on at the tables too long and exhausts his good luck, winning small sums, and when the bad luck sets in, he begins playing high stakes and losing."
This is valuable advice and it is amazing that it was written in 1898. I think there is a lot to be learned from this book and do highly recommend reading it.