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freqee
freqee
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July 25th, 2017 at 7:02:05 AM permalink
I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.

Personally, I would start with large bets ($100 or more) at roulette since it has 36 to 1 payouts. If that didn't work I would move to backjack with the money I had left.

What would your plan be to double your money in 24 hours?
OnceDear
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July 25th, 2017 at 7:36:51 AM permalink
Quote: freqee

I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.

Personally, I would start with large bets ($100 or more) at roulette since it has 36 to 1 payouts. If that didn't work I would move to backjack with the money I had left.

What would your plan be to double your money in 24 hours?

Martingale a very low edge game like Blackjack with an initial wager of 10% of my bankroll. It would be absolutely essential that no wager could result in a total profit of more than 100% of my bankroll, or I would be risking my life for zero benefit. So bets would be limited as I approached that possibility.

Odds of survival damned near 50% and resolved after very few wagers. Not technically as good as wagering the whole lot on a coin toss, but then coin toss wagers with no house edge are not so easily had.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
TigerWu
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July 25th, 2017 at 7:53:30 AM permalink
Some kind of Martingale pattern at Pai Gow Tiles. Bank every other hand. Set my hands very conservatively.
Wizard
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July 25th, 2017 at 8:11:53 AM permalink
I would do a hit and run craps session. Let's say the max odds are 3-4-5x and minimum don't pass bet is $5.. That would mean you could lay 6x, no matter the point.

At any come out roll:

With less than $6363.64: Bet 1/7 of your bankroll on the don't pass and LAY full odds.
With more than $6363.64: Bet 1/6 of the amount you need to get to $10,000 on the don't pass and lay full odds.

If your bankroll is ever less than $20, then bet everything on the Player in baccarat.
If your bankroll is ever between $20 and $35, then bet $20 on the Banker in baccarat.
If your bankroll is ever between $9970 and $10000, then bet 5.26% more than what you need to get to $10,000 on the Banker in baccarat.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
RS
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July 25th, 2017 at 8:25:26 AM permalink
Quote: Wizard

I would do a hit and run craps session. Let's say the max odds are 3-4-5x and minimum don't pass bet is $5.. That would mean you could lay 6x, no matter the point.

At any come out roll:

With less than $6363.64: Bet 1/7 of your bankroll on the don't pass and LAY full odds.
With more than $6363.64: Bet 1/6 of the amount you need to get to $10,000 on the don't pass and lay full odds.

If your bankroll is ever less than $20, then bet everything on the Player in baccarat.
If your bankroll is ever between $20 and $35, then bet $20 on the Banker in baccarat.
If your bankroll is ever between $9970 and $10000, then bet 5.26% more than what you need to get to $10,000 on the Banker in baccarat.


What's the probability of success?
ZenKinG
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July 25th, 2017 at 8:35:26 AM permalink
Quote: freqee

I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.

Personally, I would start with large bets ($100 or more) at roulette since it has 36 to 1 payouts. If that didn't work I would move to backjack with the money I had left.

What would your plan be to double your money in 24 hours?



Interesting thread. Id probably go aggressive on roulette to start and bet either red/black along with corresponding columns. If i bet red, bet the column at 2/1 with more red, if you bet black, bet the 2/1 column with more black. If i end up losing 50% of my bankroll, id either martingale the banker on baccarat or go and backcount a blackjack table and enter in at +3 TC and martingale it all day until i either double my bankroll or lose it all.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
Wizard
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July 25th, 2017 at 9:31:33 AM permalink
Quote: RS

What's the probability of success?



I'd put it around 49.5%.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
DRich
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July 25th, 2017 at 9:55:12 AM permalink
If you were really going to be killed the next day if you failed, I think most people would opt to cheat if they were losing. What is the downside to getting caught if you were going to be killed anyway.
At my age, a "Life In Prison" sentence is not much of a deterrent.
FleaStiff
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July 25th, 2017 at 9:56:46 AM permalink
Quote: Wizard

I would do a hit and run craps session.
Bet 1/7 of your bankroll on the don't pass and LAY full odds.

Okay, but are the chances of this versus the chances of Pass Line and TAKING full odds?

I think you would have to go to a game you knew and felt comfortable with.If everybody is happy and there are chips flowing all over the table, I'd not feel right about betting the Don't.
AxelWolf
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July 25th, 2017 at 11:03:48 AM permalink
Quote: freqee

I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.

Personally, I would start with large bets ($100 or more) at roulette since it has 36 to 1 payouts. If that didn't work I would move to backjack with the money I had left.

What would your plan be to double your money in 24 hours?

If you were going to be killed by the Mob then you should just cheat, you really have nothing to lose if you get caught.

If you believed in hell and cheating would send you there. I would find a higher limit cash poker game. Play a couple really dumb hands that are shown, then rock up and shove it in the right situation.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Ibeatyouraces
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July 25th, 2017 at 11:09:24 AM permalink
I'd bet it all at even money that no casino in Vegas uses rigged Chinese prison decks.
DUHHIIIIIIIII HEARD THAT!
Wizard
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July 25th, 2017 at 11:35:46 AM permalink
Quote: FleaStiff

Okay, but are the chances of this versus the chances of Pass Line and TAKING full odds?

I think you would have to go to a game you knew and felt comfortable with.If everybody is happy and there are chips flowing all over the table, I'd not feel right about betting the Don't.



They would be slightly better, due to the lower house edge on the don't pass compared to the pass. If I had a 50% of being killed the next day, the contact high at the table would not be my highest concern.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Romes
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July 25th, 2017 at 12:20:34 PM permalink
Quote: Wizard

They would be slightly better, due to the lower house edge on the don't pass compared to the pass. If I had a 50% of being killed the next day, the contact high at the table would not be my highest concern.

Even in life/death people still refuse to bet the Don't Pass =P...

I would either do what the Wiz stated, or roulette... To answer the question as the OP intended.

Past that, my REAL answer (if my life really did depend on it) is I would either cheat or find another way (with a higher success rate) of getting the other $5k I need. Hell, I'd probably ask Axel and settle for his deal with 10% juice. That way he could have action on my life.
Playing it correctly means you've already won.
michael99000
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July 25th, 2017 at 12:32:36 PM permalink
I'd find a single zero roulette wheel, bet 2500 on black and 275 each on nine individual red numbers. Need to avoid the zero and have the first red spin be one of my 9 to put me at 9900. Anything black is a free spin. Then go to the mobster and tell him I'm 100 short and see if he's ok with that
Romes
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July 25th, 2017 at 1:25:04 PM permalink
Quote: michael99000

I'd find a single zero roulette wheel, bet 2500 on black and 275 each on nine individual red numbers. Need to avoid the zero and have the first red spin be one of my 9 to put me at 9900. Anything black is a free spin. Then go to the mobster and tell him I'm 100 short and see if he's ok with that

You'd do all that then you wouldn't marty $100 on player baccarat or hands of blackjack for the final $100?

Going to the mobster short is the real gamble here.. =P.
Playing it correctly means you've already won.
AxelWolf
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July 25th, 2017 at 1:41:11 PM permalink
Quote: Romes

Even in life/death people still refuse to bet the Don't Pass =P...

I would either do what the Wiz stated, or roulette... To answer the question as the OP intended.

Past that, my REAL answer (if my life really did depend on it) is I would either cheat or find another way (with a higher success rate) of getting the other $5k I need. Hell, I'd probably ask Axel and settle for his deal with 10% juice. That way he could have action on my life.

At only 10% you would be getting the friends and family deal.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
ahiromu
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July 25th, 2017 at 2:27:00 PM permalink
So I came into this question thinking "baccarat player, of course". Then I did the math on craps and really don't know. Craps has a slightly lower chance of hitting after one resolution and you add a bit of risk. That said, you can get a lower HE and will most likely have a few bucks left over to throw away & pray on a long shot bet.

My decision would hinge on how important it is to me. If I have $5k and straight up need $10k and my life would be changed in a negative way forever, I would do baccarat-player. If I realized I had lost half my bankroll and need to get the rest back (as in, nobody is going to cut off my finger), I'd play craps.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
FleaStiff
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July 25th, 2017 at 2:33:13 PM permalink
Quote: Romes

Even in life/death people still refuse to bet the Don't Pass =P...

I'm frequently on the Dark Side but usually do not like it if players are making a mint and toke boxes are over flowing.
ZenKinG
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July 25th, 2017 at 4:02:05 PM permalink
Quote: Ibeatyouraces

I'd bet it all at even money that no casino in Vegas uses rigged Chinese prison decks.



Youre right. Japanese cards are now in circulation.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
DRich
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July 25th, 2017 at 6:00:52 PM permalink
Quote: AxelWolf

At only 10% you would be getting the friends and family deal.



I hope that is 10% a week like we used to charge back east.
At my age, a "Life In Prison" sentence is not much of a deterrent.
Rigondeaux
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July 25th, 2017 at 6:32:04 PM permalink
I don't think successfully cheating or learning how to do so in 24 hours are really on the table for most.

I'd probably search for the best lines could find and make a sports bet of some kind, Or do poker like axel

Imagine getting into the 9900s in craps and losing it all back.
gamerfreak
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July 25th, 2017 at 6:58:39 PM permalink
Quote: Rigondeaux

I don't think successfully cheating or learning how to do so in 24 hours are really on the table for most.

I'd probably search for the best lines could find and make a sports bet of some kind, Or do poker like axel

Imagine getting into the 9900s in craps and losing it all back.


Unless a dealer friend was conveniently in the same situation with the mob....
RS
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July 25th, 2017 at 9:41:34 PM permalink
Quote: gamerfreak

Unless a dealer friend was conveniently in the same situation with the mob....


Until you realize he works for the mob!



I'd probably go to one of those scam "get cash now!" loan-type companies.


Perhaps rob like fifty 711's.

Maybe learn magic so I can turn money into more money like those evil witches do on TV and YouTube.
onenickelmiracle
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July 25th, 2017 at 10:02:24 PM permalink
As everyone else has mentioned, gambling would not be the answer, as it got you there. Fight, flight or steal or a combination.
I am a robot.
sodawater
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July 26th, 2017 at 2:43:22 AM permalink
Assuming the rules are that I have to get the $5,000 to $10,000 via gambling...

I would take the $5,000 to the biggest poker cash game going in the casino. I'd sit and explain to the table that I needed the $5,000 badly and if they dump $5,000 to to me I would pay them back double eventually. I would offer collateral if needed.
FleaStiff
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July 26th, 2017 at 4:50:19 AM permalink
>>>>>I don't think successfully cheating or learning how to do so
>>>> in 24 hours are really on the table for most.
True.

>>>>>>I'd probably search for the best lines could find
>>>>>>>and make a sports bet of some kind, Or do poker like axel
One can't learn about sports betting or poker in 24 hours either.

>>>>>Imagine getting into the 9900s in craps and losing it all back.
That is how casinos make their money. That is why big winners are comped a room, the casinos know the next day a big winner will give it all back.
In the given scenario 9900 is close to life saving, but how many gamblers stop in time or try to pawn a watch to make up the difference. They are 'on a roll'.. and wind up losing. What if a play was on the Right Side and he suddenly noticed a mob hitman walk up and make a big Don't bet?
Nathan
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July 26th, 2017 at 5:26:24 AM permalink
I would Max Bet the hell out of slot machines and strive for a full screen of the top winning symbol or Grand Progressive(Some Progressives are over $12,000.)This is my LIFE on the line so I would need that full screen or the Grand Progressive.
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
OnceDear
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July 26th, 2017 at 10:00:50 AM permalink
Quote: Nathan

I would Max Bet the hell out of slot machines and strive for a full screen of the top winning symbol or Grand Progressive(Some Progressives are over $12,000.)This is my LIFE on the line so I would need that full screen or the Grand Progressive.

then you would end up dead!
Slots would be amongst the worst possible ways to survive. Having the possibility of making MORE than double your money would mean that you were taking a correspondingly worse wager than 50_50. Why take 30 or 40 percent chance of living when the other options are extremely near 50%?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Ayecarumba
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July 26th, 2017 at 10:38:50 AM permalink
Is gambling the only option to raise the other $5k? You could buy smokeable, ingestible, or injectable "items" with the $5k and resell them quickly, or if your "new" purchase is a shotgun, acquire the required balance pretty quickly. It's not that hard if your life is on the line.
Simplicity is the ultimate sophistication - Leonardo da Vinci
RS
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July 26th, 2017 at 12:16:12 PM permalink
onenickelmiracle
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July 26th, 2017 at 1:36:01 PM permalink
Quote: Nathan

I would Max Bet the hell out of slot machines and strive for a full screen of the top winning symbol or Grand Progressive(Some Progressives are over $12,000.)This is my LIFE on the line so I would need that full screen or the Grand Progressive.

RIP Nathan. $10000 short.
I am a robot.
gamerfreak
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July 26th, 2017 at 1:39:35 PM permalink
Quote: onenickelmiracle

RIP Nathan. $10000 short.


His screen rubbing technique must be off.
Romes
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July 26th, 2017 at 1:40:53 PM permalink
Quote: gamerfreak

His screen rubbing technique must be off.

Better than most people's "screen pounding" technique... I swear I don't know how some people haven't broken the damn screens.
Playing it correctly means you've already won.
gordonm888
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July 26th, 2017 at 2:55:37 PM permalink
I think the person who gave a poker scenario for an answer was onto something.

There are ways to gain a short term advantage in poker over your opponents that are not sustainable over a long session or over a long grind.

a) when you have a short stack you have a decided mathematical advantage against large stacks

b) when you are not known to the other players and deliberately mislead them

c) there are some tactics you can use that are legal but generally considered to be unethical such that you can only get away with them once.
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
Rigondeaux
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July 26th, 2017 at 3:05:51 PM permalink
Good point about angle shooting. I think you'd probably get away with marking cards in poker too, so that would be the best cheat, though it wouldn't guarantee success. I'd probably need to get glasses first.

A better story would be the person gets to 10k and decides to go one more round...
mustangsally
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July 26th, 2017 at 4:30:50 PM permalink
Quote: freqee

I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

find sportsbook
mlb
Cardinals fave to win
so
-1.5 run line
win by at least 2 runs
+140

win $7,000
now have $12,000

payoff sweet
Sally
tonite game, btw
I Heart Vi Hart
monet0412
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July 26th, 2017 at 5:12:51 PM permalink
Quote: gordonm888

there are some tactics you can use that are legal but generally considered to be unethical such that you can only get away with them once.



Forget Poker... learn 3 Card Monte and assemble your team. Hit the streets and get to work!

Always remember what Canada Bill Jones said...

"It's immoral to let a sucker keep his money"

He also had a couple other good quotes...

"A Smith & Wesson beats four aces"
"No, son, you lose. 'Cause this is a Smith & Wesson I'm holdin' here."
"I know it's crooked, but it's the only game in town."

Interesting Note: The last time I seen a 3 Card Monte game was 15 years ago on the LV Strip Bus on my way to Downtown.
Go Figure.
Last edited by: monet0412 on Jul 26, 2017
Nathan
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July 26th, 2017 at 6:59:24 PM permalink
Here's the obvious answer. Change your appearance drastically and leave town on a local bus and then take bus to next County, and then take bus to get another County and hide out in a cheap motel 2 Counties away. Can't kill you if they don't know WHAT you look like anymore or WHERE you are anymore ;)
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
onenickelmiracle
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July 26th, 2017 at 8:16:43 PM permalink
Quote: Nathan

Here's the obvious answer. Change your appearance drastically and leave town on a local bus and then take bus to next County, and then take bus to get another County and hide out in a cheap motel 2 Counties away. Can't kill you if they don't know WHAT you look like anymore or WHERE you are anymore ;)

Lol. Are you hiding now? Lol.
Upgrayedd, he gon get his money.
I am a robot.
AxelWolf
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July 26th, 2017 at 11:21:19 PM permalink
Quote: monet0412

Forget Poker... learn 3 Card Monte and assemble your team. Hit the streets and get to work!

Always remember what Canada Bill Jones said...

"It's immoral to let a sucker keep his money"

He also had a couple other good quotes...

"A Smith & Wesson beats four aces"
"No, son, you lose. 'Cause this is a Smith & Wesson I'm holdin' here."
"I know it's crooked, but it's the only game in town."

Interesting Note: The last time I seen a 3 Card Monte game was 15 years ago on the LV Strip Bus on my way to Downtown.
Go Figure.

I saw it not too long ago on the strip somewhere near the bridge near Tropicana. I don't think you could learn that well enough in 24 hours.

When I was a young kid there was a guy working this at the Seattle bus station. It was fascinating to me. I would bet my $1 and win. I didn't know it at the time, but the guy was obviously allowing me to win so he could he could get the adults to put up real money. The most I ever saw others put up with this guy was $20. Then again, he was just doing it on the floor of the bus station and he looked kinda homeless.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
onenickelmiracle
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July 26th, 2017 at 11:24:53 PM permalink
Wouldn't that make a good skit, get some shills, then let the mark play, but insist he can't gamble, and he keeps winning.
I am a robot.
Nathan
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July 27th, 2017 at 3:51:23 AM permalink
Quote: onenickelmiracle

Lol. Are you hiding now? Lol.
Upgrayedd, he gon get his money.



LOL, no, I am not hiding but I think that would be a good way to hide out from him. For example, I live in Miami. I can take a bus to Broward, and then go to West Palm Beach(2 Counties away from Miami) and hide out in WPM which is very far from Miami IMO. :)
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
Mission146
Mission146
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onenickelmiracleRigondeaux
July 29th, 2017 at 11:09:01 AM permalink
Quote: freqee

I know this is my first post but I assure you I am not in this situation..lol.

But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?

Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.

Personally, I would start with large bets ($100 or more) at roulette since it has 36 to 1 payouts. If that didn't work I would move to backjack with the money I had left.

What would your plan be to double your money in 24 hours?



Threads: 1
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The OP was four days ago.

R.I.P., OP.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
lilredrooster
lilredrooster
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July 29th, 2017 at 2:06:36 PM permalink
Quote: freqee



But let's say you had 24 hours to double your money or you would be killed by the mob. What game and what strategy would you choose?
Let's say you have $5K, and you need $10K. For the sake of this discussion, let's say gambling is your only option.
What would your plan be to double your money in 24 hours?




maximum boldness strategy

The "maximum boldness" theorem is a basic law of gambling when you're fighting an edge. Simply stated, starting with a given stake in a particular game, you have the best chance to reach a specified earnings level by making the biggest allowable bets consistent with that goal the fewest possible number of times.

i would bet 5k on the lowest house edge i could find - don't pass at craps or player at baccarat (because betting the banker would payback only 95% and would require you to make another bet.)
Please don't feed the trolls
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