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If a Casino game had 0 house edge...

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July 26th, 2011 at 6:34:46 PM permalink
mrjjj
Member since: Sep 4, 2010
Threads: 62
Posts: 1302
I love the topic name >> "If a Casino game had 0 house edge"

What do you mean 'if'? I've read all kinds of stories here regarding guys playing with an ADVANTAGE/edge. Does that not mean 0% HA?

Yeah, yeah I know. 5.26% and 3%......Huge difference. (lol) Bad news fellas, losing IS losing regardless of how long it takes.

Ken
If I agreed with you, we'd both be wrong. Playing at the casino doesn't make you a pro any more than standing in a garage makes you a car. I prefer to be hated for telling the truth, than loved for telling a lie. No person has yet convinced me that their way of playing roulette is better than my way. Winners have simply formed the habit of doing things roulette AP players don't like to do. I'm sure AP (roulette) worked just fine back in 1923. Gambler's Fallacy is a term coined by unsuccessful gamblers to validate their reasons for losing. 5.26%, so what?......I get taxed everyday. Believe those who are seeking the truth. Doubt those who find it. Bad news.....throwing in the towel after spending a TOTAL of 9 hours on roulette does NOT mean you can't be successful with it. Don't let the '2+2 will never equal 5' crowd bring you down. TRIAL & ERROR guys, I can't say it enough! When you're finished changing, you're finished.
July 26th, 2011 at 8:20:25 PM permalink
AceCrAAckers
Member since: Jul 12, 2011
Threads: 11
Posts: 130
I asked my math professor this question over twenty years ago. Given a house edge is there a betting system that can guarantee a win? The answer is yes but you need to meet two conditions.

1. Have infinite amount of money.
2. Casino to accept infinite bet.

With a cap on the betting and the fact that no one has infinite amount of money, one cannot overcome a HE with a betting system.
It's bad luck to be superstitious.
July 26th, 2011 at 8:33:19 PM permalink
mrjjj
Member since: Sep 4, 2010
Threads: 62
Posts: 1302
Quote: AceCrAAckers
I asked my math professor this question over twenty years ago. Given a house edge is there a betting system that can guarantee a win? The answer is yes but you need to meet two conditions.

1. Have infinite amount of money.
2. Casino to accept infinite bet.

With a cap on the betting and the fact that no one has infinite amount of money, one cannot overcome a HE with a betting system.



In your opinion, does this mean for ANY game and even if the HE is very low?

Ken
If I agreed with you, we'd both be wrong. Playing at the casino doesn't make you a pro any more than standing in a garage makes you a car. I prefer to be hated for telling the truth, than loved for telling a lie. No person has yet convinced me that their way of playing roulette is better than my way. Winners have simply formed the habit of doing things roulette AP players don't like to do. I'm sure AP (roulette) worked just fine back in 1923. Gambler's Fallacy is a term coined by unsuccessful gamblers to validate their reasons for losing. 5.26%, so what?......I get taxed everyday. Believe those who are seeking the truth. Doubt those who find it. Bad news.....throwing in the towel after spending a TOTAL of 9 hours on roulette does NOT mean you can't be successful with it. Don't let the '2+2 will never equal 5' crowd bring you down. TRIAL & ERROR guys, I can't say it enough! When you're finished changing, you're finished.
July 26th, 2011 at 8:39:38 PM permalink
AceCrAAckers
Member since: Jul 12, 2011
Threads: 11
Posts: 130
Quote: mrjjj
In your opinion, does this mean for ANY game and even if the HE is very low?

Ken


If there is any edge, one cannot overcome it with any betting system. Stop wasting your time thinking of one. It will be easier to discover perpetual motion machine than this.

And this is not an opinion, it is a mathematical fact.
It's bad luck to be superstitious.
July 26th, 2011 at 8:42:01 PM permalink
MathExtremist
Member since: Aug 31, 2010
Threads: 45
Posts: 2511
Quote: AceCrAAckers
I asked my math professor this question over twenty years ago. Given a house edge is there a betting system that can guarantee a win? The answer is yes but you need to meet two conditions.

1. Have infinite amount of money.
2. Casino to accept infinite bet.


You can't win anything if you already have an infinite amount of money...
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
July 26th, 2011 at 8:43:29 PM permalink
mrjjj
Member since: Sep 4, 2010
Threads: 62
Posts: 1302
Quote: MathExtremist
You can't win anything if you already have an infinite amount of money...



What is it with some of you? Its HYPOTHETICAL.

Ken
If I agreed with you, we'd both be wrong. Playing at the casino doesn't make you a pro any more than standing in a garage makes you a car. I prefer to be hated for telling the truth, than loved for telling a lie. No person has yet convinced me that their way of playing roulette is better than my way. Winners have simply formed the habit of doing things roulette AP players don't like to do. I'm sure AP (roulette) worked just fine back in 1923. Gambler's Fallacy is a term coined by unsuccessful gamblers to validate their reasons for losing. 5.26%, so what?......I get taxed everyday. Believe those who are seeking the truth. Doubt those who find it. Bad news.....throwing in the towel after spending a TOTAL of 9 hours on roulette does NOT mean you can't be successful with it. Don't let the '2+2 will never equal 5' crowd bring you down. TRIAL & ERROR guys, I can't say it enough! When you're finished changing, you're finished.
July 26th, 2011 at 9:22:10 PM permalink
pacomartin
Member since: Jan 14, 2010
Threads: 544
Posts: 6164
Quote: AceCrAAckers
I asked my math professor this question over twenty years ago. Given a house edge is there a betting system that can guarantee a win? The answer is yes but you need to meet two conditions.

1. Have infinite amount of money.
2. Casino to accept infinite bet.

With a cap on the betting and the fact that no one has infinite amount of money, one cannot overcome a HE with a betting system.


Your math professor was wrong.
Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear
July 26th, 2011 at 9:30:58 PM permalink
AceCrAAckers
Member since: Jul 12, 2011
Threads: 11
Posts: 130
Quote: pacomartin
Your math professor was wrong.


If ever I run into him again I'll be sure to tell him that. pacomartin saying that you are wrong is all the proof I need. Just because you teach math and have a PhD doesn't mean a damn thing when pacomartin says you are wrong.
It's bad luck to be superstitious.
July 26th, 2011 at 9:32:02 PM permalink
mrjjj
Member since: Sep 4, 2010
Threads: 62
Posts: 1302
Quote: pacomartin
Your math professor was wrong.



Oh, oh......and they're off!

Ken
If I agreed with you, we'd both be wrong. Playing at the casino doesn't make you a pro any more than standing in a garage makes you a car. I prefer to be hated for telling the truth, than loved for telling a lie. No person has yet convinced me that their way of playing roulette is better than my way. Winners have simply formed the habit of doing things roulette AP players don't like to do. I'm sure AP (roulette) worked just fine back in 1923. Gambler's Fallacy is a term coined by unsuccessful gamblers to validate their reasons for losing. 5.26%, so what?......I get taxed everyday. Believe those who are seeking the truth. Doubt those who find it. Bad news.....throwing in the towel after spending a TOTAL of 9 hours on roulette does NOT mean you can't be successful with it. Don't let the '2+2 will never equal 5' crowd bring you down. TRIAL & ERROR guys, I can't say it enough! When you're finished changing, you're finished.
July 26th, 2011 at 9:40:53 PM permalink
EvenBob
Member since: Jul 18, 2010
Threads: 231
Posts: 6361
Quote: AceCrAAckers
I asked my math professor this question over twenty years ago. Given a house edge is there a betting system that can guarantee a win?


You're first mistake is asking a math person
about how to win in the casino. They're very
good, excellent in fact, at finding all the ways
to lose. But when it comes to winning, all
their knowledge holds them back from really
investigating it to its fullest because they have
already concluded they can't win.
One casino owner to another: "It would be so much easier if we could just hit them over the head, steal their money, and throw their bodies in the creek." Al Swearengen, Deadwood
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.