i actually do the opposite technique. If i win, i take half the winnings and increase my bet. If i lose, i go back to the table minimum. I helps minimize loses when the dealer is doing well and maximize winnings when they are not doing so well. It works...
Are you talking about blackjack? I don't see how this would help since each hand is an independent event, unless I'm misunderstanding your strategy here.
GagHalfrunt
Lifer
- Apr 19, 2001
- 25,284
- 1,998
- 126
It doesn't work and there is no strategy. It's a placebo for little minds to help them think they're in control.
Walk into a casino. See the bright lights? The opulent decor? The tons of security? The attentive staff? The huge attached hotel? The restaurants? The free drinks? You know who paid for all that stuff? Morons who thought they has a system that worked. You want a system that works? Don't bet in casinos!
Actually, the dealer once told me the safest best in roullete is to bet 1-18, which has a 1-1 payoff and bet the 3rd 12 (which has a 2-1 payoff). Bet the same amounts on both bets and you've covered all the numbers on the table except the zeroes and 19-24. If you hit the numbers between 1-18, you break even and if you hit the 3rd 12, which is 25-36, you win the amount you bet since the payoff is 2-1 and you only lost the amount you bet on 1-18. You can of course, bet the other way around too and bet the 1st 12 and then 19-36. which would leave only 13-18 uncovered by your bets. Obviously, the dealer still has the edge because of 0 and 00 and the numbers not covered in the middle but your odds of losing are the lowest under this betting method. I've tried it myself and came away up nearly a thousand dollars betting $40 per round. By my rough count, I was able to break even or come out on top 5 out of six times. It took me all afternoon at the table to win the amount I did and for those seeking instant gratification, this isn't the way to go but if you want to play it safe, I don't know if there is anything safer than this method.
Kyteland
Diamond Member
- Dec 30, 2002
- 5,747
- 1
- 81
Actually thats wrong. People go to casinos to win money, and they quite often do. It's just not a viable long term strategy. It's a lot healthier to go on the assumption that it's pure entertainment, but if you're not there to win you probably shouldn't be there. You're better off seeing a movie or something.
Odds should be left to mathematics and should not be used as a betting strategy on a roulette table. They have people designing these games to make sure they win most of the time.
He means you SHOULD go to casinos to have fun, not win money.
He is correct in assuming anyone going to a casino to win money is an idiot. Unless you are a very good poker player that is.
Ns1
No Lifer
- Jun 17, 2001
- 55,420
- 1,600
- 126
LOL @ "Math says it works..." while you ignore the fact that your probabilities are off because you aren't including green.
Placebo effect or not, i have personally walked out $200+ on several occations. The other times i have maybe lost $50. Since both times occur with about equal occurance, i am ahead. I have to find my Excel Speardsheet with my gambling numbers.
Special K, It has worked on both Roulette and BlackJack.
This thread is an instant classic.
"Math says it works"
"X-Factor: "00" and "0""
"2-1 payout"
Some people here need to take a basic statistics class immediately.
Casinos - short-term gains toward long-term losses. Every time. This is not up for debate.
If you're going to play roulette, your best chance is to take all the money you're willing to spend, put it all on red or black, and hope for the best. That is neither sane nor fun, so I don't recommend doing it, but if you want to talk "odds", that's your "best bet". It's a ~47% chance you double your money.
"Math says it works"
"X-Factor: "00" and "0""
"2-1 payout"
Some people here need to take a basic statistics class immediately.
Casinos - short-term gains toward long-term losses. Every time. This is not up for debate.
If you're going to play roulette, your best chance is to take all the money you're willing to spend, put it all on red or black, and hope for the best. That is neither sane nor fun, so I don't recommend doing it, but if you want to talk "odds", that's your "best bet". It's a ~47% chance you double your money.
Absolutely it works. If the shoe is going bad, bet the minimum. If it's going good, bet big. You can feel these things.
GagHalfrunt
Lifer
- Apr 19, 2001
- 25,284
- 1,998
- 126
No you can't. The shoe has no memory and the past 1000 hands have absolutely no bearing on the next hand. It's gamblers amnesia, they tend to forget the bad times and focus on the good. If you bet you lose. The longer you bet the more you lose. Period.
Fritzo
Lifer
- Jan 3, 2001
- 41,920
- 2,161
- 126
That's the idea actually. You place bets in zones that cover each other, and odds are your winnings will cover your losses. Also, play European wheels instead of American style. European wheels do not have a 00...only a single 0, so there's more black and red.
What maths have you been a learnin? I suppose next you'll post a gem like this:
Theorem : 3=4
Proof:
Suppose:
a + b = c
This can also be written as:
4a - 3a + 4b - 3b = 4c - 3c
After reorganising:
4a + 4b - 4c = 3a + 3b - 3c
Take the constants out of the brackets:
4 * (a+b-c) = 3 * (a+b-c)
Remove the same term left and right:
4 = 3
Theorem : 3=4
Proof:
Suppose:
a + b = c
This can also be written as:
4a - 3a + 4b - 3b = 4c - 3c
After reorganising:
4a + 4b - 4c = 3a + 3b - 3c
Take the constants out of the brackets:
4 * (a+b-c) = 3 * (a+b-c)
Remove the same term left and right:
4 = 3
It may have worked for you, but I'm saying if you analyzed the probabilities associated with your strategy, I doubt the expected value of the winnings would be in your favor.
It sounds like another case of the gambler's fallacy to me - i.e. let's say you roll a dice 100 times and never roll a single 6. The gambler's fallacy would say "I haven't rolled a 6 in 100 rolls! That means I'm more likely to roll one in the future!"
alkemyst
No Lifer
- Feb 13, 2001
- 83,769
- 19
- 81
It's a bit more complicated than that...casinos have to have their odds posted and have to have at least one set winner...however; they can stack those odds up in a way to make it tough for the average better to win and the high roller to not be interested in such a slow payout.
Taking Queueing Theory (not the base level 101 type class) you learn how to use these odds well. My instructor and 2 students of his became big time gamblers and have been banned from many casinos.
The big breakdown in these systems comes from discipline and second guessing the mechanism. All it takes is a little variance and you now ruined your odds.
I play low stakes but always leave a little better than I came usually. When I am down I am usually down no more than what the entertainment value was.
My brother works with resorts / casinos a lot and since the nights are his there (while being fully comped) he bets a lot and wins a lot.
The best odds you will have is places that allow for 'tourist' tables (don't know the real term for them) where you are betting against each other and the house just takes a cut of the pot. There are a lot of wannabe Poker Masters at these tables and they really have no freaking clue most of the time. The danger like online gambling is when they are working together against the others at the table.
Taking Queueing Theory (not the base level 101 type class) you learn how to use these odds well. My instructor and 2 students of his became big time gamblers and have been banned from many casinos.
The big breakdown in these systems comes from discipline and second guessing the mechanism. All it takes is a little variance and you now ruined your odds.
I play low stakes but always leave a little better than I came usually. When I am down I am usually down no more than what the entertainment value was.
My brother works with resorts / casinos a lot and since the nights are his there (while being fully comped) he bets a lot and wins a lot.
The best odds you will have is places that allow for 'tourist' tables (don't know the real term for them) where you are betting against each other and the house just takes a cut of the pot. There are a lot of wannabe Poker Masters at these tables and they really have no freaking clue most of the time. The danger like online gambling is when they are working together against the others at the table.
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