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Lt_Wolf
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Posted on Wed Feb 20, 2013 13:26:33
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Just play poker
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ttyper
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Posted on Wed Feb 20, 2013 13:45:35
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By atentat [1583407]
the secret to betting systems is, there is no betting system that works at all. i dont even need to check the link to tell you its bullshit. |
This is true. No betting system will work 100% of the time. Heck, no system will guarantee you'll be safe from losses. That is where not being stupid comes in and not giving in to your emotions. You have to know when to cut your losses and start over. And it is my firm belief that using this system properly gives you the best chances at profit.
However, if you still wish to not believe me, I'll leave by citing myself being in the top 20 casino streaks most days for the past few weeks, doing nothing more than this.
Last Edited: Wed Feb 20, 2013 13:50:38
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Taboo
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Posted on Thu Feb 21, 2013 01:12:56
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Whatever you do, don't bother with hi/low. A recent change has completely broken it, even more so than the one which gave 5 or 6 ties in a row followed by an auto loss. There was no need for this, it was already heavily rigged toward the house. You're now better off not looking at the cards. It's that bad.
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ActionJackson
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Posted on Thu Feb 21, 2013 01:41:31
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I'm not addicted. I made a few dollars in Blackjack.
Took my money to the bookie. Lost around $1,000,000, managed to win maybe half back.
I'm over it.
Damn you South Africa and Chittagong Kings: you were supposed to win your matches!
Figured out real quick that the thrill if winning is completely destroyed by the sick feeling you get from losing.
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Aramis
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Posted on Thu Feb 21, 2013 05:51:23
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20/02/13
12:38:10 PM You have placed a bet of $240,000,000 on Woods, Tiger . The match starts: Feb 20th 14:00.
Gooo tigeeeey!
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atentat
ID: 1583407
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Posted on Sat Feb 23, 2013 09:28:13
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By ttyper [74099]
By atentat [1583407]
the secret to betting systems is, there is no betting system that works at all. i dont even need to check the link to tell you its bullshit. |
This is true. No betting system will work 100% of the time. Heck, no system will guarantee you'll be safe from losses. That is where not being stupid comes in and not giving in to your emotions. You have to know when to cut your losses and start over. And it is my firm belief that using this system properly gives you the best chances at profit.
However, if you still wish to not believe me, I'll leave by citing myself being in the top 20 casino streaks most days for the past few weeks, doing nothing more than this. |
i am sorry to inform you but you just drank the cool aid. betting sustems dont work at all. not 100% of tge time not 1% of the time. house edge be house edging betting systems wont do anything about it. neither will using the wrong bj chart
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R U avin a giggle ther m8? ill bash ye fookin ead in i sware on me mum.
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dunmugmeh
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Posted on Sat Feb 23, 2013 11:38:36
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DONT play blackjack.
I have played this game for years and i read the forums most days. I have seen the whining threads dozens and dozens of them. The scammer multies scamming for their daily fix. etc etc.
The general pattern is that you will get lucky and win quite a bit of money but as you play it more you find out its true nature if you play it regulary it eats your tc play money. Thats is when the whining, scamming, borrowing your mummys credit card and cheating become necessary to fund your daily fix 
DONT play blackjack.
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Penicillin
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Posted on Sat Feb 23, 2013 17:01:14
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This is a cut and paste here, but it is some interesting info on gambling in general:
I have never met a person, male or female, who acknowledges they are a net loser when it comes to gambling. They have their ups and downs, to be sure. Some of the bad parts may go on for years. But everyone I have ever asked – and this informal survey is now into the dozens of participants – swears that over a lifetime they have taken more out of casinos, office pools, and poker with the boys/girls than they have chipped in.
My friends aren’t delusional, exactly; they are just being human. There’s a wealth of academic work on the topic of gambling psychology, some going back decades. One seminal piece – Biased Evaluation and Persistence in Gambling (Gilovich 1983) – has an explanation which merits inspection. Essentially, it says that:
• “(G)amblers do not evaluate the outcome of their bets evenly. Rather, they seem to be attuned to how things could have turned out differently for their losses, but not for their wins.”
• “This tendency… can produce overly optimistic assessments of one’s gambling skill and the chances of future success.”
• “(P)eople often infuse chance activities with properties of skill and controllability.”
• “(T)he bias at times proves to be fortunate, and at other times unfortunate. Our society as a whole tends to focus on the more fortunate consequences as we constantly extol the virtues of perseverance and resoluteness.”
Imagine for a moment that you have just sat down at a casino table in front of your favorite game of chance. You’ve brought along $1,000 and promised your spouse that’s all you’ll be wagering. You start small, and find that luck really is being a lady tonight. As in a Grace Kelly-style lady. After an hour you’ve doubled your original stack. You’re up 100%, and the night is still young.
You press on, but Grace has wandered off to blow on some other guy’s dice (that’s from the old Sinatra song… don’t get the wrong idea.) Your $1,000 of winnings begins to shrink. When do you walk away from the table?
• After you lose $100.
• After you lose $500
• After you lose $1,000
• After you lose everything – the full $2,000
There’s no “Right” answer, of course – it is a matter of psychological preference. In a highly unscientific poll of 10 ConvergEx staffers, the most common answer was the $500 loss. Walk away a winner, if not an especially big one.
The issue of how human agents – investors or gamblers, it matters not – deal with “House Money” is a subject of broad interest in the behavioral finance community. A few points here:
• The landmark paper on the topic dates back to 1990, entitled “Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risk Choice” (Thaler and Johnson). The authors found that players in gambling-style games took larger risks with money they had already won than “Base” capital. If you are wondering why it took academia until 1990 to prove something that anyone can witness first hand at 2am in a smoking gambling hall in Reno, I don’t have an answer.
• The paper also tried to solve the question I posed to my colleagues – how much “House money” do you risk? There are no clear conclusions. One version of the game used in the study seemed to show that players grow more cautious once they get near the base capital with which they started the game. Another version highlighted that house money was more likely to encourage longshot bets, since the potential loss was lower.
• Since the 1990 Thaler/Johnson paper, other studies support its basic findings. More recently, one paper (Martinez, Jaramillo, de Roux and Cardenas 2010) shows that the longer someone has the initial “endowment” (base capital) the more risk averse they become. And another study (Engel and Moffatt 2012) shows that behavioral finance studies of all types need to be careful with the “House money” effect, since handing a subject free money at the start of any study risks having them skew their natural decisions about risk and reward.
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ttyper
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Posted on Sat Feb 23, 2013 18:53:30
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By atentat [1583407]
i am sorry to inform you but you just drank the cool aid. betting sustems dont work at all. not 100% of tge time not 1% of the time. house edge be house edging betting systems wont do anything about it. neither will using the wrong bj chart
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If it's so impossible to make money at the casino, would you mind explaining to me how the same people consistently have very high casino streaks?
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Moguai
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Posted on Sat Feb 23, 2013 23:38:26
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Talk to Frank
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atentat
ID: 1583407
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Posted on Sun Feb 24, 2013 00:08:19
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By ttyper [74099]
By atentat [1583407]
i am sorry to inform you but you just drank the cool aid. betting sustems dont work at all. not 100% of tge time not 1% of the time. house edge be house edging betting systems wont do anything about it. neither will using the wrong bj chart
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If it's so impossible to make money at the casino, would you mind explaining to me how the same people consistently have very high casino streaks? |
Same people also have high loosing streaks. some people gamble every day like me and end up on the hof half the time but that doesnt mean much. betting systems are proven to be ineffective long term. they cant change tge house edge.
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R U avin a giggle ther m8? ill bash ye fookin ead in i sware on me mum.
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Gogs247
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Posted on Sun Feb 24, 2013 23:50:21
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Once every couple of days I withdraw $10 million to play roulette, once I get to $15 million I stop or, if I am losing I will lose the $10 million and call it a day.
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| When you're wounded and left on Afghanistan's plains, and the women come out to cut up what remains, Jest roll to your rifle and blow out your brains, an' go to your Gawd like a soldier. Soldier of the Queen! |
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ttyper
ID: 74099
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Posted on Mon Feb 25, 2013 04:02:16
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By atentat [1583407]
Same people also have high loosing streaks. some people gamble every day like me and end up on the hof half the time but that doesnt mean much. betting systems are proven to be ineffective long term. they cant change tge house edge. |
And this is where I advocate something that is largely lacking in most places: intelligence. Know when to stop when you're losing and cut your loses and come back when the dealer isn't so hot.
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atentat
ID: 1583407
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Posted on Mon Feb 25, 2013 17:19:12
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By ttyper [74099]
By atentat [1583407]
Same people also have high loosing streaks. some people gamble every day like me and end up on the hof half the time but that doesnt mean much. betting systems are proven to be ineffective long term. they cant change tge house edge. |
And this is where I advocate something that is largely lacking in most places: intelligence. Know when to stop when you're losing and cut your loses and come back when the dealer isn't so hot. |
in BJ, unless you count cards, (which you cant in online BJ) all hands are completely independent of each other. Just because you lost 500 times in a row, it doesn't change the chance of loosing on the next hand. Each new round is independent from the previous.
There are no such things as "due" or "hot".
I have played now 15k hands of BJ and noted down my streaks. I can tell you that the outcome is completly random. Some times you loose 500m, sometimes you win 500m, sometimes you are at exactly 0. Sometimes at 50+-.
There are day streaks where you win several days in a row, streaks where you loose several days in a row, days where its about 50/50 and all kinds of other combinations. I guarantee you there isnt any "hot dealer" at all.
I couldn't notice any pattern which would indicate that the dealer has either "win mode" or "loose mode" and that it would be helpful to stop gambling until the mode of the dealer changes - there isnt a mode.
Just the opposite, I gamble as much as possible, allways with the same bet size, never stop, even when loosing. Just the other day I lost 500m.
This whole "hot" mode BS stemms, partly from japanese slot machines in the past which would have hard coded how much they will pay out on a certain day. Also from old time systems like martingale.
You could loose 200m on the first 75 tokens you play, then make some 14 nerve crime or refill tokens and make it back, or loose even more - you can't predict it at all. There is no benefit in stopping, when loosing. You might as well stop whenever you feel like it. However there is the risk of ruin ofc, so you should stop before loosing al your monies - but for me thats not a problem as i play with sums where it wouldnt matter much if I lost many days in a row.
I am playing a lot of BJ even after 15k hands, playing very strict composition based strategy my data is not sufficient to say if torn BJ is positive Expected Value or negative. The problem is the 5 card charly rule which is implemented incorrectly, giving the dealer the same priviledge to win with 5 cards, which messes up all calculations you might want to do with any house edge calculator.
No casino in the world has 5 card charly rule for the dealer, so all calculators on house edge cant give you a usable house edge calculation.
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