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Home » Forums » Questions and Answers » Gambling » 70 percent of people at a casino visit are ahead at one point - John Patrick?
70 percent of people at a casino visit are ahead at one point - John Patrick?
| October 20th, 2011 at 2:38:02 PM permalink | |
| thecesspit Member since: Apr 19, 2010 Threads: 38 Posts: 3108 |
90% of systems books I've read are based on the idea of having winning sessions and being "up" and walking. This concept is normally tied in with : any losing session is your lack of discipline AND 'those maths guys... they know nothing about the real cards and dice'. John Patrick and Rob Singer... both have the same sort of ideas in their books, just expressed in their own unique ways. I guess I helped John though... I paid for his books... "Then you can admire the real gambler, who has neither eaten, slept through nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire, for a coup at trente-et-quarante" - Honore de Balzac, 1829 |
| October 20th, 2011 at 2:45:51 PM permalink | |
| rxwine Member since: Feb 28, 2010 Threads: 69 Posts: 1211 |
I think 110 years minimum. : )
Now that one is simple. Because if you don't know when you're ahead you shouldn't even gamble. |
| October 20th, 2011 at 2:50:52 PM permalink | |
| algle Member since: Aug 12, 2010 Threads: 1 Posts: 77 |
John Patrick doesn't even play his own Craps system. His system for making money is to sell books. Smart guy. If nothing will change then I am nothing. |
| October 21st, 2011 at 5:08:56 AM permalink | |
| DJTeddyBear Member since: Nov 2, 2009 Threads: 105 Posts: 5727 | This has been discussed heavily in other threads. FYI: I didn't see who dropped it. Yeah, I was being sarcastic. When I saw that $10, the rule was in the back of my head. I'll take a slap on the wrist for that. I saw that $10 before I started gambling. It was downhill from there. Perhaps this thread is suggesting I should not have gambled and left while I was ahead. Superstitions are silly, childish, irrational rituals, born out of fear of the unknown.
But how much does it cost to knock on wood? |
| October 21st, 2011 at 8:24:45 AM permalink | |
| MrV Member since: Feb 13, 2010 Threads: 58 Posts: 804 |
Not according to John Patrick and his handful of devoted followers. They argue (lamely and ineffectively) that the long run does not apply to them. They also argue that math plays no part in gambling (only "arithmetic") and that logic and discipline are most important. Ah, the land of the Lotus Eaters ... |
| October 21st, 2011 at 8:49:33 AM permalink | |
| ncfatcat Member since: Jun 25, 2011 Threads: 1 Posts: 168 | Well all the commodity traders with their "systems" use the john patrick system which is the deceptive "Cut your losses and let your profits run" Wherever you go - There you are |
| October 21st, 2011 at 3:22:01 PM permalink | |
| konceptum Member since: Mar 25, 2010 Threads: 25 Posts: 562 |
While it's true that 84% of statistics are made up on the spot, his round numbers have the ring of truth to them. |
| October 21st, 2011 at 3:28:10 PM permalink | |
| Switch Member since: Apr 29, 2010 Threads: 5 Posts: 401 |
Isn't it the other way around ? |
| October 21st, 2011 at 3:41:41 PM permalink | |
| mrjjj Member since: Sep 4, 2010 Threads: 62 Posts: 1304 | Great subject !!!!!!!! Its like that for myself. We'll say a profit of $200 (BR around 3K), I would estimate on my losing days, I was up at some point around 60-80% (70%) during my play. I kick myself sometimes on those days. I agree with the 70% stat, no doubt about it. 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. Don't play/study roulette for a TOTAL of 9 hours in your lifetime and then preach that a person can not do 'well' with it.
Also, 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. |
| October 21st, 2011 at 4:23:47 PM permalink | |
| Mosca Member since: Dec 14, 2009 Threads: 74 Posts: 1628 |
You are, I just wrote it wrong. Brain fart between mind and fingers. NO KILL I |
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