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Started By
Message
re: Gambling. No lose strategy.
Posted on 6/7/20 at 9:46 am to MrFahrenheitDontLie
Posted on 6/7/20 at 9:46 am to MrFahrenheitDontLie
Yes, and it is a very simple strategy. Own the casino.
1
Posted on 6/7/20 at 10:12 am to Lonnie Utah
quote:
Blackjack has the best odds in the casino IF you play perfect strategy. The problem is, most people do not play perfect strategy. It's house advantage is only 0.5%.
No one plays perfect. The house edge in Baccarat is .8% perfect game or not.
Posted on 6/7/20 at 10:13 am to LSUFreek
quote:
So I went to try it at the casino, and after about 12 spins in a turtle-paced 2 hours (due to a crowded table involving chip buys, bets, spins, payouts, and dealer rotations), I was only up by $10, and slowly realized this strategy would take 24 hrs & shitload of endurance to make any significant gains. Now I realize it was definitely a strategy for lightning fast spins on online tables, not real tables.
They have roulette machines now so you don't have to wait on people
Posted on 6/7/20 at 10:21 am to lsupride87
quote:
There is a way, but you have to have a large bankroll, and the casino will likely kick you out. It’s doubling your initial bet until you hit then starting the process over. But casinos kick people out who they see doing this
This is comical. Martingale systems have been repeatedly proven to lose and eventually you are betting thousands of dollars for a minimal win, which is a horrible risk strategy. Not to mention limits on tables prevent this strategy.
Take a $5 bet. With your “ strategy”, after eight hands you are risking $$1275 for a $5 win. And the statistical odds on new deck with no card manipulation would be anywhere from 1.5% to 4% disadvantage depending on the rules. That is not a winning strategy for long term success. And tables with $5 limits don’t have spread limits higher than $1000, maybe $2000, so you cannot go higher than the eighth bet if you lose, which odds are that you will. That is risk of ruin of your BR with a high rate of probability even in the short term and guaranteed in the long run.
Ignoring ties the probability of a new loss for a hand of blackjack is 52.51%. So the probability of losing 8 in a row is . 52518 = 1 in 173. So 1 in 173 times you will be risking $1235 for $5.
Not only would casinos not kick you out, they’d welcome you with open arms because you’d bring in rates similar to their slot machine.
This post was edited on 6/7/20 at 11:31 am
Posted on 6/7/20 at 10:22 am to MrFahrenheitDontLie
quote:
No lose strategy.
So like arbitrage?
Posted on 6/7/20 at 10:51 am to MrFahrenheitDontLie
You can bet red or black and double your bet each time you lose until you win, then when you win start back at the minimum.
Example. Bet 5, lose. Bet 10. Lose. Bet 20. Lose. Bet 40 win. Payout is 40 plus the bet of 40. You’re up 5 dollars. Then start back at 5 dollar bet.
As long as you don’t lose so many times that you hit the max bet and can’t double again, you’re good
Example. Bet 5, lose. Bet 10. Lose. Bet 20. Lose. Bet 40 win. Payout is 40 plus the bet of 40. You’re up 5 dollars. Then start back at 5 dollar bet.
As long as you don’t lose so many times that you hit the max bet and can’t double again, you’re good
Posted on 6/7/20 at 11:34 am to deltaland
quote:
As long as you don’t lose so many times that you hit the max bet and can’t double again, you’re good
This is statistically in their favor. It’s not a 50/50 proposition because of the one or two green numbers. Statistically, this is not even the best overall play in the casino long term and is definitely not a way to make a living.
Also, when you run the numbers out you will see you eventually start betting thousands of dollars at a statistical disadvantage to only win $5.
5-10-20-40-80-160-320
You have to then bet $640 at a statistical disadvantage meaning you are more likely to lose than win, all for $5. That is no strategy for making a living.
And if you don’t think you can lose seven rolls on a wheel then check out the board with numbers that have “hit” above the wheel and you will see that more times than you would think over the course of regular action.
This post was edited on 6/7/20 at 11:40 am
Posted on 6/7/20 at 11:36 am to MrFahrenheitDontLie
There are a lot of beautiful, expensive hotels in Vegas for a reason. The odds are against you no matter how sophisticated you think you are.
The best you can hope for is a quick score, get up and leave. If they keep you there long enough, they'll have all of your money. They have this down to a science.
I like to gamble, but you have to be ok with losing whatever you come with.
The best you can hope for is a quick score, get up and leave. If they keep you there long enough, they'll have all of your money. They have this down to a science.
I like to gamble, but you have to be ok with losing whatever you come with.
Posted on 6/7/20 at 11:37 am to JudgeHolden
quote:
Craps.
You need a table with low pass line minimum and high odds limit. And you need a huge wad.
If you play right, the house edge is small. You can get it to approach zero with high enough odds. (It will never be zero).
At one time the Palace in Biloxi had $1 pass line with x10 odds.
The strategy was pass line with x10 odds and maintaining a minimum (2) come bets with x10 odds until a shooter makes point (or sevens out).
House edge is almost even at that point, but playing that strategy is not fun, it's work.
You must have the discipline to walk after the streaks have swung in your favor and the bank roll to get back to even if you get pasted early.
Posted on 6/7/20 at 11:37 am to MrFahrenheitDontLie
Why not just day trade?
Posted on 6/7/20 at 11:52 am to Drew Orleans
quote:
You can "have an edge over the house" if you count cards in Blackjack.
False.
Even when counting cards the odds still favor the house. Counting cards only decreases those odds.
Card counting teams have the advantage when one member plays the minimum and signals the other members to begin playing when the count is beneficial to them.
Casinos love people trying to count cards....they are serious about losing money.
Posted on 6/7/20 at 11:55 am to MrFahrenheitDontLie
Penny slots! One penny at a time. 
Posted on 6/7/20 at 11:55 am to Goldrush25
“In the end, we get it ALL”
Posted on 6/7/20 at 12:05 pm to theenemy
Everyone who is mentioning optimal strategy is not taking into account having a "feel" for the game & knowing when it's time to up the wager. I feel like if you can run it up over a short period of time you can take a break & "coast" on some lower min bet games until the right time comes along. If you treat it like a business & play enough hands they will probably give you a free room, or you can go stay at the small motel down the street for 50-60 a night.
Posted on 6/7/20 at 12:29 pm to go ta hell ole miss
It’s statistically impossible not to win in the end if you double your bet after each hand loss, assuming you have a large bankroll and the casino allows it
That’s what i said, and that’s true. But, almost everytime, the player doesn’t have a large enough bankroll or the casino doesn’t allow it
That’s what i said, and that’s true. But, almost everytime, the player doesn’t have a large enough bankroll or the casino doesn’t allow it
Posted on 6/7/20 at 12:33 pm to theenemy
quote:
False. Even when counting cards the odds still favor the house. Counting cards only decreases those odds. Card counting teams have the advantage when one member plays the minimum and signals the other members to begin playing when the count is beneficial to them. Casinos love people trying to count cards....they are serious about losing money.
This is wrong.
This post was edited on 6/7/20 at 12:34 pm
Posted on 6/7/20 at 12:38 pm to go ta hell ole miss
quote:
And if you don’t think you can lose seven rolls on a wheel then check out the board with numbers that have “hit” above the wheel and you will see that more times than you would think over the course of regular action.
This is true. I’ve done it on one of those apps where you only play for points and I’d still hit a run of bad luck and lose a bunch straight. That’s just for points too, which I figure are manipulated to allow you to win so you eventually put real money, at which points the unseen digital odds would change.
Posted on 6/7/20 at 12:45 pm to theenemy
quote:
Casinos love people trying to count cards....they are serious about losing money.
So why do they ask card counters to leave the casino?
Posted on 6/7/20 at 12:45 pm to MrFahrenheitDontLie
Start by watching every video William Leiss has posted to YouTube
Posted on 6/7/20 at 1:17 pm to MrFahrenheitDontLie
I used to get those free weekend stays to different casinos. I played blackjack and did alright. I decided to invite my then gf on a trip with me for comped week trip. We each had a set amount of money to spend.
I played blackjack for days and drinking lotsa free drinks. I ended up breaking even.
She took her money and played pokeno. Apparently you can steadily win but it is small money so it takes time and perseverance and there are no big jackpots. But she was determined to beat the house. She has a stubborn streak as you will see.
So she spent hours and days playing it and managed to take her initial set amount of money and made a profit of about 10 times that.
Obviously, she is a keeper and is my wife now. She is still stubborn af to this day and it is fun to watch her get shite done when her mind is made up.
I played blackjack for days and drinking lotsa free drinks. I ended up breaking even.
She took her money and played pokeno. Apparently you can steadily win but it is small money so it takes time and perseverance and there are no big jackpots. But she was determined to beat the house. She has a stubborn streak as you will see.
So she spent hours and days playing it and managed to take her initial set amount of money and made a profit of about 10 times that.
Obviously, she is a keeper and is my wife now. She is still stubborn af to this day and it is fun to watch her get shite done when her mind is made up.
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