Wow, October was a crazy month for me. After my balance decided to go skydiving, I slowed down in the amount I was playing. All is good though because I finally reached my newest peak and I am still climbing!I started the month not playing to many games and when I did play, I played Hi/Lo. Why? because I was busy at work, still in shock from the big loss and was preparing for my trip to Hawaii. Oh yes, the beautiful island of Oahu! I wasn't particularly content with how I was doing, but that was okay because I wasn't losing money.
For the first time I received my shopping boosters. A total of $12 was added to my balance while I was gone ($11.20 from the tickets to Hawaii, $.80 from GuessNow.com booster). My gosh, believe me, it is a really good feeling to see your balance jump 50% in one day. I thought that was the last time I would see this spike in a while, boy was I wrong.
Things really picked up when I got back home. I decided to try a strategy I read about. It worked (with a few customizations). I was playing Gold Rush again and I had a betting strategy to follow (strategy to be posted soon). Each day ended with a nice gain. Everything was going my way.
Lately however, it seems like I just can't seem to win as many games in Gold Rush. It is so frustrating to start the day below your previous days balance. My only solution for this problem so far is to just hop on over to Hi/Lo for a couple of games.
September Consisted Of:
107 Games of Hi/Lo (51 Wins, 13 Tied, 43 Losses)
207 Games of Gold Rush (112 Wins, 9 Tied, 85 Losses)
60 Search & Win Spins
2 Shopping Boosters ($12 Total)
At least I am on track with having more wins then losses.
Lessons Learned:
1. Slow And Steady Increases Your Balance
2. Sometimes you need a change of game (especially when you keep losing to anonymous players)
3. A tan makes you look SEXY!!!
Friday, November 2, 2007
Month Report: October
Posted by
Mike
at
1:57 PM
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Tags: Month Report
Saturday, October 27, 2007
Progress Report: September
August was definitely a better month for me compared to September. But I did learn a lot from this month.
I had hit the 30 dollar mark and had decided to play with some more risk. That was a bad decision on my part. September showered me with high level losses and low level wins. There were times where my losses would keep coming one right after the other and believe you me... it really gets fustrating when you can't win a game.
Mid way through the month, my account balance dropped to nearly nothing. This was because with the pressure from my girlfriend and my frustration from the losing, I decided to bet more then half of my bank in one game to recuperate my losses. Obviously I lost that game. Thinking "what a waste of time" I decided to keep playing high level games... To the point I was back down to $1.
At this point, I decided to stop playing as many Hi/Lo games and concentrate more on a game filled with more skill... Gold Rush. As you can see, towards the end of the month, my bank began to scale upwards again.
September Consisted Of:
189 Games of Hi/Lo (80 Wins, 24 Tied, 85 Losses)
305 Games of Gold Rush (153 Wins, 15 Tied, 137 Losses)
61 Search & Win Spins
Through the game statistics, it would seem like I was close to a 50/50 split between wins and losses, but the problem was that I was losing the games with higher stakes, and winning the ones with low stakes.
It took me a little while to learn strategies and how opponents play in Gold Rush. The chart above does show that I couldn't seem to win to many games over level 7. But that has now changed.
Lessons Learned:
1. If you are on a losing streak, stop playing for a little while
2. Do not digress from your strategy if it has been working (even if you feel the pressure to play a higher level game)
3. It is better to play a game of skill compared to a game of luck
Posted by
Mike
at
1:16 PM
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Tags: Month Report, Progress Report
Thursday, October 25, 2007
Progress Report: August
I am a freak when it comes to keeping numbers so don't judge me if I go a little overboard.
I started playing Moola at the end of June so the chart below shows my progress from when I started till the end of August.
As you can see, I did pretty well for myself during the month of August. I ended the month with $27.33. There was no real strategy that I was following. I was playing Hi/Lo 99% of the time during this month. As you can see, with Moola.com, as your account balance increases, so does the rate in which you can increase/decrease that balance.
The problem with Hi/Lo is that it is mostly based on chance, there is very little skill/strategy involved. There were a few days where I just kept having problems getting any wins. My tip to you is that when you start a losing streak, leave it be. Go away for a little while and come back and try again. A little while may = the rest of the day.
August Consisted Of:
548 Games Of Hi/Lo (256 won, 75 tied and 217 lost)
25 Games Of Gold Rush (11 won, 1 tied, 13 lost)
1 Game of Ro-Sham-Bo (1 tied)
I should also mention that I purposely lost level 1 games thinking that if my win percentage is way higher then my loss percentage, Moola gives me harder games of Hi/Lo. Trust me, this is not true. Moola does not rig games based off win percentage. I am not saying they rig it at all, but if they did, it is not based of percentage. =D
Lessons Learned:
1. Ro-Sham-Bo is not any fun and requires not skill
2. Moola is not rigged towards your win/tie/loss percentage
Posted by
Mike
at
11:15 PM
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Tags: Month Report, Progress Report