Some emails I received from purchasers of LM
Hi Dave! I just want to tell you that I am impressed with you LM strategy. I'll tell you I really like that money management strategy that you came up with. I have tested it and I think that it the best that I have seen. As far as playing it for baccarat I think that betting same until you lose three in a row and then betting opposite until you lose three in a row and again switching back to same would work better than betting same as second to last decision. I think that it would also work good with that trendsetter baccarat system that I bought from you a couple of years ago. For craps I think that your method of betting second to last decision probably does work best. I'll give you credit Dave this is probably your best one yet. Thanks so much! Paulette
Hello Dave,
Your LM system looks like a winner!! I checked it against 3053 of the decisions
I recorded in parts of 2002 & 2003. LM won 1594 of those decisions, for a
52.2% win percentage. I did make a small change when it came to the Stop-Loss.
I would stop the session any time I was down 12 units, versus the LM system
recommendation of 30. The results were 1076 units won versus 632 units lost,
for a net of + 444 units. Total actual in-casino time was 83.2 hours. This
translates to + 5.33 units profit per hour.
This is the perfect system to keep me in action while I wait for the
signal to make my Place bets. I intend to start as soon as I get back to NM
next month.
Harry
Hey Dave,
My partner is back in action big time and doing very well. Our stats:
35 games (series) played
+146 units
+4.1/game
+11/hour
80% games won (28 of 35).
We have won 90 units in a row w/o a losing game - we'll see when it ends. Nice streak. We are using a 12 unit stop loss, so we're now up 12 stops, a key statistic to me.
Mike
Hello Dave!
THANK YOU for keeping me posted on in-casino LM Craps results!!!!
I thought maybe you would be interested in some of my testing results of LM:
I started testing the method after page 17 of "72 Hours at the Craps
Table". I started there so as to not duplicate your testing of the
first 1000 decisions. I tested as the method is written, however I used Harry
Gay's -12 stop/loss. I treated each page as a session ---- I can always
go back and convert it to your interpretation of "series" and
"sessions", i.e. a "session' is comprises of 5
"series". Long story short: after 2,112 decisions, I was
up +276 units. This is approx +8.2 units per hour. As soon as I am
able, I'll resume testing ---- there are approx. another 700 -900 decisions
available. Obviously it will be VERY INTERESTING to see if the method
holds up. During testing, I went back and re-read the rules frequently
so as to make as few mistakes as possible. Sure, there have to be a few,
but I believe it to be essentially an accurate test.
Please continue to keep me posted on LM developments --- I will do the
same.
Best Regards, Mark Larson
Hi Dave,
I would just like to let you know that I love
your LM Method. After using it 4 days in a row with $10 units I am up 75 units.
I took some heavy losses the first 3 or 4 times I used it while learning, but
now I think I have the hang of it. However, I have been using it to play
mini-baccarat.
I tried it at the craps table when I was
learning the method. It worked just fine when the craps table was crowded with
a lot of players, but when the table turned cold and most players left, and the
pace of the game quickened and it became difficult for me to record the
results, determine my next wager and place the proper bet. Perhaps this was
because I was still learning the method. I also noted that I would be standing at the craps table for a long time,
whereas at mini Bac I can sit for extended periods (maybe I'm just lazy!). The
other thing I noted was that at the craps table it was often too tempting to
bet on the place bets as I watched good rolls develop, only to get crushed on
the 7-out.
I've shared this method
with a close friend of mine who is a baccarat dealer. He thinks highly of this
method also. He noted that the one thing that bothers him is the commission at
mini-bac. I've noticed that the commission at the end of each shoe, on average,
tends to be between 2 and 3 units. While not a big deal, especially when I've
won between 15 and 50 units on every shoe I've played so far, my friend thinks
you should be able to do better by countering that commission.
He thinks he's come up with
a way to do that. The dealer marks up the commission you owe as the shoe moves
along. Whenever that commission equals 1 unit, AND your current running
total in a series is +1 or better, AND you have just won a hand, you would pay
off 1 unit of commission AND adjust your count DOWN 1 unit. I'm
going to look at this to try to determine if it makes a difference.
I think LM should work on
roulette too. I'm sure you've realized this and probably rejected it because of
the 0/00. However, if you use it with the red/black, or odd/even, or
1-18/18-36, you could bet bigger units with a $5 per unit hedge on the 0/00
split. So if you bet a $100 unit, you would win $95 per unit, and if 0/00 hit,
you would replace your last bet and lock up an extra $35 per unit, because you
only lose 1/2 unit on these even money bets, and win 17 $5 units in the 0/00
bet. I figure on the $100 unit + $5 hedge because here in Atlantic City you
cannot find a table with a minimum lower than $5, and on some days $10 minimum,
in which case you might have to bet $10 on the 0/00 split. Also, roulette is a
very slow moving game, which should make tracking easier.
I hope this wasn’t too long
a letter for you, but there were some things here I wanted you to know. I
cannot thank you enough; this is a truly amazing and wonderful system of
betting. I think I could make a living at this (although I don't intend to give
up my day job just yet). By the way, the $95 you sell this method for --- I
don't think you're charging enough. It's worth a lot more than that.
Thanks again,
Bill VanWart
Hello Dave,
I trust your sales of LM are going well. Have you received lots of positive
comments? If not, you should! I've played for a grand total of 10.47 hours and
am up 58 units! I started with nickels then went quickly to quarters & have
been playing $50 units for my last 23 casino visits. I have to admit that I
don't stay around the table too long. Anytime I'm up by a few units I leave.
Kind of like hit & run.
I'll be going to $100 units once I'm up
by about 80 or 90 units. That's about as high as I can go here in NM because
most of the casinos only have a $500 max line bet.
I even quit playing Trident and my 2 Place bet systems in favor of LM. LM is
easy to play & I get to relax more than I ever have.
I did apply it against 500 Roulette spins I recorded, but the results weren't
that good.
Let me know if you get any updated info & I'll be sure to let you know if I
make any changes.
Thanks again & Take Care.
Harry
Dave,
I forgot
to include the results of my "paper play".
For '00 --- won 1594 of 3053 bets
(52.2%). 83.2 hours of casino time produced a net profit of 444 units. (5.33
units per hr)
For '01 --- 70.93 hours of casino time
produced a net profit of 340 units. (4.79 units per hr)
For '02 --- only 6 hours of casino
time produced a net profit of 48 units. (8.0 units per hr)
Harry
Dave:
Several weeks ago I purchased your LM craps system. Here is a brief
status
report thus far.
Playing with the 30 unit stop I have had 2117 decisions total with 51% wins
and 49% losses.
I have had 16 winning sessions and 7 losing sessions. This includes 90
winning series and 25
losing series.
Total units won = +290
Average losing session = 17.00 units
Average winning session = 25.56 units
Units won/session = 12.61
Units won/hour (at 50 dec/hr)=6.85 (Actual dec/hr much higher)
I compiled the above playing on an online casino with real money. The
session length runs around
92 decisions and I can usually play an entire session in around 45 minutes.
This icreases the win rate
per hour significantly.
I average one 30 unit loss for every 11.5 series. This seems to be a
little
high, but the other stats
seem to be in line. After a 30 unit loss I log off and then log back on
to
simulate changing tables.
I live within 5 minutes of the downtown casinos in Las Vegas but haven't
tried the system down there
yet. I've been playing with small units and want to work my way up to
larger units before I try the
system on a "live" table.
In the meantime, I plan on cranking out more sessions online. I'll keep you
posted.
Thanks much,
Steve Lance
Hey Dave,
A little update for you. One of the friends I gave LM
too has now won 170 units playing Bacc in the casinos. He started with a
100 unit bankroll so he has almost tripled it. I'll keep you posted on
his success.
We lost with my friend's Bacc play, playing his money.
He still continues to do well with it in San Diego. Gambling gods I
guess.
Because of my friends success with LM, I've started testing
LM for Bacc. I've attached an Excel sheet if you have it on my results
over 23 shoes so far - it's winning 10/shoe, 2/game, playing 5
games/shoe. As my friend does, I'm using a 20 unit stop loss. I
think it's about perfect. 12 is too light, 30 too heavy. If I win a
game or lose the -20, I continue in the same shoe. I will stop a shoe if
I have 2 -20's, which hasn't happened yet. Takes quite a bit to lose the
-20, unless you hit a losing streak when getting up to the 5 unit bet. I
plan to test about 100 of my casino shoes - if it holds up, we'll take to the
casino. I will use a 200 unit bankroll. I think we will hit the
craps again too, this time with the 20 unit stop loss. All at $5
unit. I'm not working now, but should be soon, doing some consulting for
a casino here - once I start working, I'll start playing - assuming of course
the testing holds up. My partner will play the craps. One thing -
with the Bacc I have a "terrible 2" bet I make that helps not get
clobbered in those shoes that get into M2 cycles - I bet Opp after the 2
instead of Same - it's from one of your old methods, use it when I see 6
decisions w/o a M3 involved, I bet back after 2 instead of with it. It's
50/50 in the long run, but mentally helps in those 2 dom shoes.
Anyway, we're somewhat back with LM and I'll keep you
posted. I just love the LM money mgt. And the fact Harry is playing
it now vs. Trident, is a great sign.
Take care, Mike