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biggins
biggins
Joined: Aug 17, 2011
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November 8th, 2012 at 12:29:47 PM permalink
Quote: Buzzard

I straightened Einstein out on that years ago at a Princeton pub. He overlooked table limits in his equations. He thanked me and asked that I help him on a few other things. I only had time to assist him on drafting Russell–Einstein Manifesto. Russell is my pen name.



First and foremost, my system is NOT the Martingale System. Second, I addressed table limits in my response so your solution for Einstein was already known by the entire world.

I'm more curious where you met Einstein? Perhaps in Union Square at J.B. Winberry's? Fun pub. I studied spectroscopy in Princeton during the mid 80's as part of a post grad program for a government agency. Been there done that.
biggins
biggins
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November 8th, 2012 at 12:44:00 PM permalink
Quote: 24Bingo

Quote: biggins

Let me simplify a situation for you all of you 'experts' who say that no system can win. As Einstein said it best: 'If you want to win at gambling just keep doubling your bet'. Now we all know that's simply the Martingale System....but if there were no limits you WOULD win everytime. Any of you math majors who argue and say after a 'billion hands' you might lose one hand in a googooplex (sp), but in reality a billion hands is not realistic.



Exactly. A billion hands isn't realistic, and that's exactly why the Martingale doesn't work. Since you won't always be able to chase indefinitely, you're basically balancing a small chance of a huge loss against a large chance of a small win.



No, no it doesn't. If the game always paid out 1:1, and had no edge, you would find yourself unable to quite cover your losses after losing eight times on the former, six on the latter. The odds of the former are 255:1, the latter 63:1, if you count each chase as a separate "hand." These are far from insurmountable odds - as it turns out, exactly enough for the huge losses to wipe out your slow climbs. In a real casino, not only do they wipe out your slow climb, they take a fair bit extra, since those occasional massive bets feed the house edge.

Do it yourself - flip a coin, or do the equivalent, not a million, not a billion, five hundred times. Did you see a streak of six? Eight? That represents all your wins being wiped out, as if they'd never been. Now try it on a roulette wheel or pass line and see what happens.

No matter how high the table limits are, though, there's one limit you can't overcome - your own bankroll. Coming off a win, the chance of this one being the losing streak that leaves you unable to keep chasing is your base bet divided by between half your bankroll and your whole bankroll. That may not sound like much, but remember, once that happens once... no more bankroll. If every time this happened you made that money again somehow and came back, you'd find that the money you're losing, when you account for those massive, quick downswings, was in percentage terms approaching the house edge on your bets.

You can win, yes, with luck, if you don't keep at it too long. But you can't beat the house.



You're 100% correct on everything you've said. I concur. However, what still is mystery is how everyone started suggesting my new system & strategies is the Martingale System? For the record, it is not. Moving forward. You also stated 'you can win.....if you don't keep at it too long' and then you stated' but you can't beat the house'. What do you mean by you can't beat the house?

For instance, I have a celeb using my new system and he is up 1.6 million. So he did not beat the house? Don Johnson won 15 mil in AC in 6 months. So he did not beat the house? If I play 30 sessions with a modest 13k bankroll and at the end of 30 sessions NEVER lose my bankroll and bank more than 13k each time, did I not beat the house....or do I have to play a billion hands (which is impossible) to where the house edge either finally wins or I make errors from fatigue?

I think to any 'non math major' a simple definition of beating the house is winning. If you lose, the house wins. If you win, the house loses. Simple. Or for those stat majors if your aggregate career gaming shows you win more than lose...you beat the house. No one is trying to buy the house.

I think you guys need to get out from behind the slide rules and try some advanced systems that avoid the number one factor against the player....and you said it best....and that is time. Not to ruin your day but I'll say it again. Some people DO WIN.
Buzzard
Buzzard
Joined: Oct 28, 2012
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November 8th, 2012 at 12:47:12 PM permalink
" For instance, I have a celeb using my new system and he is up 1.6 million." Actually he is up 1.8 million. At least that what Easter Bunny told me/.
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
biggins
biggins
Joined: Aug 17, 2011
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November 8th, 2012 at 12:55:54 PM permalink
Quote: SOOPOO

I'm coming to Vegas next week and would love to watch you take a grand from the casino, then report my findings to the forum. PM me and we can set it up.



I may be in Chicago next week playing but I will see if I can change my schedule to accomodate yours.

Soopoo, I don't know how to PM. Maybe explain how?

Can I give you my email without violating any forum rules so we can make arrangements?
FarFromVegas
FarFromVegas
Joined: Dec 10, 2010
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November 8th, 2012 at 1:03:27 PM permalink
Quote: biggins

I may be in Chicago next week playing but I will see if I can change my schedule to accomodate yours.

Soopoo, I don't know how to PM. Maybe explain how?

Can I give you my email without violating any forum rules so we can make arrangements?



Click on his name next to his post--that will get his profile page. Click on "New Message" right under his name on the profile page.
Each of us is entitled to his own opinion, but not to his own facts. Preparing for a fight about your bad decision is not as smart as making a good decision.
SOOPOO
SOOPOO
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November 8th, 2012 at 1:04:19 PM permalink
Your pm to mw worked. I was told if you post your actual email address here that it can be easily picked up by computer spammers, so it is advised not to post them on open forums.
Buzzard
Buzzard
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November 8th, 2012 at 1:11:32 PM permalink
Had mine on my profile for over a year. No problem. But spammers probably know all my funds are tied up in non-durable goods, Food , Rent and now Prescriptions. GRRR
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
biggins
biggins
Joined: Aug 17, 2011
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November 8th, 2012 at 1:36:25 PM permalink
Quote: SOOPOO

Your pm to mw worked. I was told if you post your actual email address here that it can be easily picked up by computer spammers, so it is advised not to post them on open forums.



Great chatting with you SOOPOO. See you next week!
biggins
biggins
Joined: Aug 17, 2011
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November 8th, 2012 at 1:37:02 PM permalink
Quote: FarFromVegas

Click on his name next to his post--that will get his profile page. Click on "New Message" right under his name on the profile page.



thanks. Done!
biggins
biggins
Joined: Aug 17, 2011
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November 8th, 2012 at 1:37:58 PM permalink
Quote: Buzzard

Had mine on my profile for over a year. No problem. But spammers probably know all my funds are tied up in non-durable goods, Food , Rent and now Prescriptions. GRRR



emphasis on the necessary prescriptions!

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