Discussion in 'Making Money' started by dkinderis, Apr 30, 2016.
I used to live in Vegas, and let me tell you..they have to pay for those crazy lighting bills!
Point is, casinos would not exist if they didn't win nearly all the time. Anything in gambling..even if you think you found an edge...has probably been thought about, tried, and failed already.
They have the most insane security, and they can cut you off at any moment.
Hell they probably know about this method and when someone starts trying it, they have a set amount they grab from you before they tell you that you cannot bet anymore..and they take a ton of money from you.
Even if you are doing online gambling it is still the same. Any angle you have has already been tried, and will most likely not work.
Better to invest that money into something far more profitable and less risky.
i don't think so
Leave the casino while you're ahead, otherwise you will just end up losing.
Alright dudes, thanks for that
As someone mentioned earlier, this is exactly why a max bet limit is enforced.
Okay. In theory it works - but practically it doesn't work.
I tried this, but you make a profit - then lose everything.
You think it's almost impossible to get for example RED for 20 times in a row.
Let me tell you, it is not! (don't do stupid calculations like 1 x 0,5 ^ 20)
There are three problems:
1. The MAX. bet limit which most casinos have.
2. Your bankrol! If you run out of money, you ran out of money.
3. But most importantly, your fear of losing. It's totally not fun to play this way because everytime in a row it gets on RED while you are betting on black, it feels like a knife stabbing in your heart. (exaggeration)
You can try to do this, but only with money you are ready to lose. ;-)
You guys are "chasing" easy money way to hard.
This is how I make hundreds doing this. First off you CANT be betting red or black, their payout sucks. Focus on the columns and 12's. Each are (theres 6) 2:1 odds. Meaning if you are betting 1:1 odds with black and red, if you lose your initial bet, you have to keep betting to break even, which sucks as a strategy. I want something that pays me more as I bet more.
This is my strategy, get a drink and walk around the roullette tables. Look for a board (an electronic ledger for everything) that has hit in the last 18 spins.
Find a board where one column or 12 hasnt hit yet, once you find one, put the initial low wager on the number. If it doesnt payout, bet it again, however dont raise your bet YET. This is the only game you can bet again, if you win, you made a profit WITHOUT raising the stakes. If it didnt hit the second time, double down. Keep going till you hit 1250-2500 or the table max.
Lets talk about some things required to make this work.
1. If a 12 or column number doesnt hit in 18 rounds, thats called an order of magnitude of 6. Odds a 1:2 odds bet hitting is 1 out of every 3 rolls THEORETICALLY. If that odds doesnt hit in 6 rolls the order of magnitude is a 2.
Also, the chances of an order of 6 magnitude happening is 1x every 2-3 hours.
I used to use this strategy when the event of a column or 12 number not hitting for 9 spins, but coming across the 6 magnitude event can wipe you out. So thats why I suggest gettting a drink, it requires patience to wait for that to happen.
If you find a 6 magnitude event, going through a 10, 10, 20, 40, 80, 160, 320, 640, 1280 spree is of the order magnitude of 9....which is very rare.
I used to get free buffet and gambling coupons doing this all the time, before I got engaged and had to be more responsible.
Also this technique requires table minimums of 2,500-1,500 max bet on the outside bets. This wont work with a lower min table, hou will be hitting the limit without building up rarity in the progression.
Finally, this doesnt require paper, software, etc. just patience...
Thats why they introduced 0 and 00 on the tables to kill you off in the end. Its called martingaling and it really doesn't work.
can work if you have billions of dollars to spend. Casino has some house edge (plus many casinos have max bet lmit).. there is a reason that there is a 0 and 00 in roullette wheel. in long term casino will win always.. just remember what will happen if red comes 20 times in a row? and there is a chance that it will happen once or twice in a day and all your profit will be gone.. So dont use martingle system (doubling amount) .
Casinos lose mo ey all the time, they arent infallible, or else the one in my town wouldnt have had to sell. People repeati g rumors on here like the SEO myths Tommy posted about...
okay, surely if a casino has a limit of how much you can win, you are allowed to come back another day and the limit will be reset?
Let's just say the limit is $200 per casino (online)
you register at 5 legit casinos and reach the limit on every casino everyday ($200x5 = $1000 in one day). You could even register at more casinos if you know any more and so increase your profit.
I was making ~200 euros per day with this, the only problem is that you need a big bankroll, I consider myself lucky making 300 euros from 10 in a day, the next day I was at 399 profit and decided to make 1 more, bad call as I've lost it all and learned from that mistake. Limiting myself to 200 a day was perfect, that was 4 years ago and I was playing at 3 different online casinos, in theory it should work, but these guys are not stupid... the ball was bouncing like crazy and sometimes jumping on me just to lose )
I did this once when I was 16 or so with play money and made a lot of play money to continue with. But that was play money without limits. It's always designed for the house to win specially with online casino's. You wouldn't believe how many times it hit red in a row (15+) when I was aiming for black, it's bullshit. In reality you have a bigger chance to win the lottery than to hit the same color 15 times in a row. It's manipulated.
Jesus guys, none of you ever studied probability theory in school or even heard of it? It makes me want to shoot myself when people mention all kinds of methods to beat the casino and even sell these methods and people believe them. First of all, casino is unbeatable. Even the guy that designed it couldn't beat it himself and neither can you. The house ALWAYS wins! This is no theory, no myth and it's no manipulation of any kind. It's just simple probability MATH!
Second of all, the variations of martingale methods that are based on observing the casino and waiting for a certain number of times for something to miss (e.g. red didn't hit 10 times in a row, 1st column didn't hit 12 times in a row, etc...) and then betting on that are completely worthless. There is one single probability rule that flushes them all out on the toilet -> The independent event definition, which basically states that two events, A and B, are independent if the fact that A occurs does not affect the probability of B occurring.
In our casino case, it means that just because red didn't hit 10 times in a row, it doesn't mean that there is more chance for red to hit on the 11th spin. The spinning events are completely independent and not related to each other. The sample space is NOT changed with each spin, it's still the same. The ball does NOT remember what it came up with (red or black) the previous time. In each case (in each spin), there is 50/50 probability for either red or black to hit. In the 1000th spin, even if red has never hit so far, there IS still 50/50 chance for either red or black to hit! This is pure math, it's no manipulation at all.
So, @jbilyj42: You got lucky, you didn't beat the casino.
@OP: The martingale method DOES work, provided you have unlimited funds and there is no limit on the casino table. This only happens in theory. In practice, it doesn't. You might get lucky once or twice, but in the long run, you will lose. The casino doesn't care if you win or lose, because, again, in the long run it always wins and people always lose. The casinos stay alive mostly because people are stupid and don't even know basic probability theory.
The biggest probability professors in the country own a roullette probability website...you obey blind physics laws, time to step into a quantum reality Newton...
Yeah well just because the professors are greedy and want to scam people (if I got your statement right), it doesn't make the probability math wrong. I don't obey anything, if you have any real proof of what you are saying, I welcome it and I will admit I was wrong.
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