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Jeremy
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March 12th, 2013 at 5:55:16 PM permalink
I have been researching a betting system for a long time just for fun here is the latest. It's like a mix of martingale and d'alembert. Here it is you start with an amount like 5 for instance you add one on every loser and subtract one every winner. But when you hit 10 you start to add and subtract 2 I think you see what I mean. When you get to 20 you start using 4 in roulette you ignore the zeros. Here is a short video with the system example shown.
http://www.youtube.com/watch?v=9wlRji9dL24

Hope you like it.
Buzzard
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March 12th, 2013 at 6:50:01 PM permalink
Is it possible to combine this with " TRENDING " ? Just asking.
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
Jeremy
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March 12th, 2013 at 9:37:09 PM permalink
No amount of research done so far proves trend following works. So the the answer is no.
Buzzard
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March 12th, 2013 at 10:09:52 PM permalink
Oh I see. Has any testing be done on the Martingale recently? just asking I sure could use a winning system.
Honestly.
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
7craps
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March 12th, 2013 at 10:49:51 PM permalink
Quote: Jeremy

I have been researching a betting system for a long time just for fun here is the latest.
Hope you like it.

Hey, Long time no see Jeremy.
I liked the video.

I use CamStudio too.
And I have the Roulette Xtreme program also.

You could have just selected any number for the spin
to show what happens when your system gets up to the larger bets.

Do you keep the progressions always going?
or once you show a net win from the progression, do you start over at the $5 bet?
Do you ever just bet enough to make a unit profit from the progression as the bets get larger??
What are your win goals?

You should be able to code this.
There already is a D'Alembert script for RX (as you know)
and it just needs some parameters added to it.

I just updated my RX to the latest version. Nice improvements.

Good Luck to you in your studies and simulations
winsome johnny (not Win some johnny)
Jeremy
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March 13th, 2013 at 12:16:21 AM permalink
I would like to try all those things but the system is not coded yet. Also in my old version of Xtreme when I pick my own number the bet size resets. I have done that for research though in the past.
Jeremy
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March 13th, 2013 at 12:21:26 AM permalink
With Roulette you just follow the system start with a base amount it could be 4 for example. You put it on black add one for every red take one off for every red until 8 then add and subtract 2 at 16 it becomes 4. You can practice this for free to see what kind of bankroll you will probably need. Remember to ignore the zero's.
Buzzard
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March 13th, 2013 at 7:19:03 AM permalink
" Remember to ignore the zero's. " How big a bankroll do I need to insure it does not equal zero in the near future ?
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
Ahigh
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March 13th, 2013 at 7:31:09 AM permalink
I find it fascinating that you're pursuing the development of a roulette betting system.

If I believed it were possible to create a working roulette betting system, my life would probably be much more enjoyable.

Stay happy!
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FinsRule
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March 13th, 2013 at 7:34:08 AM permalink
Jeremy spoke on the forum today.
Gabes22
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March 13th, 2013 at 7:35:46 AM permalink
Quote: FinsRule

Jeremy spoke on the forum today.



Nice Pearl Jam reference
A flute with no holes is not a flute, a donut with no holes is a danish
Ahigh
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March 13th, 2013 at 7:52:18 AM permalink
http://www.youtube.com/watch?v=oNO6pAJBCs4
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FinsRule
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March 13th, 2013 at 8:03:44 AM permalink
I want to go to Wrigley for the concert so bad. $250 for a ticket though....
Gabes22
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March 13th, 2013 at 8:09:35 AM permalink
Wrigley is such a pain in the ass to get to. It's not near an major highway. The parking laws for night games make gouging common place and even during the day games, the tow trucks line up to remove patrons if the game goes past 5:00 and there really isn't a direct public transportation route down there. I have to take the Blue line to Addison and get on a bus or take the Blue line downtown and take the red line up north.
A flute with no holes is not a flute, a donut with no holes is a danish
rdw4potus
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March 13th, 2013 at 8:10:35 AM permalink
Quote: FinsRule

I want to go to Wrigley for the concert so bad. $250 for a ticket though....



If only there were some sort of betting system that was guaranteed to make you money...:-)
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
FinsRule
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March 13th, 2013 at 9:19:29 AM permalink
Quote: rdw4potus

If only there were some sort of betting system that was guaranteed to make you money...:-)



Exactly. There isn't. Which is why it's okay to hijack this thread... :-)
Jeremy
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March 13th, 2013 at 9:35:05 AM permalink
I would think around 300 would be a good amount for a place that lets you bet 1 unit at a time. But you could also practice for free to get an idea. At some point the system will be automated on Xtreme and long term simulations can be done then.
Ahigh
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March 13th, 2013 at 9:37:06 AM permalink
Betting systems work with infinite bankrolls.

Also, I'm not 100% sure, but I think they work with limited bankrolls when there is no house advantage too.

All a betting system does is translate money into a smaller amount of money earned compared to the risked money .. most of the time.

Interest on money in a savings account is very similar except it works more slowly, and your chance of ruin is much smaller.

On a philosophical level, though, systems do work. Our entire economy is based on a system, in fact, that many believe is constantly on the brink of collapse.
aahigh.com
rdw4potus
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March 13th, 2013 at 9:43:00 AM permalink
Quote: Ahigh

Betting systems work with infinite bankrolls.

Also, I'm not 100% sure, but I think they work with limited bankrolls when there is no house advantage too.

All a betting system does is translate money into a smaller amount of money earned compared to the risked money .. most of the time.

Interest on money in a savings account is very similar except it works more slowly, and your chance of ruin is much smaller.

On a philosophical level, though, systems do work. Our entire economy is based on a system, in fact, that many believe is constantly on the brink of collapse.



Betting systems work with infinite bankrolls and finite time, but that's hardly fair. Given infinite time and money, they at best provide no benefit.

Systems usually do not work with limited bankrolls even when the player has a small advantage. It depends on how limited the player's bankroll is, but the house is effectively playing with infinite money. The result is that the house can weather stretches of bad luck, while the same stretches would cause the player to bust their limited bankroll.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Jeremy
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March 13th, 2013 at 9:43:44 AM permalink
You bring up a good point which brings up that casino in the UK that has the zero club a no house advantage version of games. But also that gambling simulation should model correctly things like stock trading and the issue of limit vs market orders and nasdaq rebates giving the trader a positive advantage.
FinsRule
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March 13th, 2013 at 9:44:38 AM permalink
This conversation has been had many many many times. And the answer is always - If you had an infinite amount of money, why are you gambling?
thecesspit
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March 13th, 2013 at 9:53:19 AM permalink
Quote: Ahigh

Also, I'm not 100% sure, but I think they work with limited bankrolls when there is no house advantage too.



They break even, given limited time and limited bankroll. They have to. If every bet has an expected value of 0, you can't add up lots of zeroes to make anything but 0.

What happens with 0% games, limited bankrolls and any system is that many players bust out, but a few make profits that equal the amount of busts.

The casino does not have a larger bankroll than all the players combined. Nor does it have to.
"Then you can admire the real gambler, who has neither eaten, slept, thought 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
Gabes22
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March 13th, 2013 at 9:55:29 AM permalink
But also those 0% games assume players play perfect strategy, never making any errors on the perfect mathematical decision, which most people do not do.
A flute with no holes is not a flute, a donut with no holes is a danish
Ahigh
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March 13th, 2013 at 9:59:02 AM permalink
Quote: thecesspit

They break even, given limited time and limited bankroll. They have to. If every bet has an expected value of 0, you can't add up lots of zeroes to make anything but 0.

What happens with 0% games, limited bankrolls and any system is that many players bust out, but a few make profits that equal the amount of busts.

The casino does not have a larger bankroll than all the players combined. Nor does it have to.



I'm not sure, but I think most of the time, limited bankroll systems on zero edge bets yield positive results indefinitely assuming that they do not try to make too much money too quickly. Someone please correct me if I'm wrong, because my observations are not well researched on this topic.

I would be surprised if it broke even instead of making money!
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thecesspit
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March 13th, 2013 at 10:17:52 AM permalink
Quote: Ahigh

I'm not sure, but I think most of the time, limited bankroll systems on zero edge bets yield positive results indefinitely assuming that they do not try to make too much money too quickly. Someone please correct me if I'm wrong, because my observations are not well researched on this topic.

I would be surprised if it broke even instead of making money!



I have done a bunch of simulations on this, on playing 0-edge roulette.

How can it make money? If every bet has ZERO expected value, how can a series of bets have positive expected value? 0+0+0 = 0. It can't equal anything else, so the expected value over time is 0. Sometimes you are up, sometimes you are down.

If you mean a progressive betting system (good ole Marty), over the short term, then many people will be ahead a small amount, as progressive bets trade small wins for large losses. However, the total win/loss by all players is 0. It's like the VP system of quitting when you've won a small amount, but risking your entire bankroll to do so. Most of the time you walk away a winner, but when you lose, you give more than the winnings back (on average).

I don't know what you mean by 'make too much money too quickly'? Every bet is independent, every result is independent. If it's not, then my findings aren't valid for that scenario.

If you have a system and scenario you'd like me to simulate, I can do so, have tools in place to do it.

(EDITTED while ahigh was making a comment below).
"Then you can admire the real gambler, who has neither eaten, slept, thought 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
Ahigh
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March 13th, 2013 at 10:19:46 AM permalink
Quote: thecesspit

You are wrong. I have done a bunch of simulations on this, on playing 0-edge roulette.

How can it make money? If every bet has ZERO expected value, how can a series of bets have positive expected value? 0+0+0 = 0. It can't equal anything else, so the expected value over time is 0. Sometimes you are up, sometimes you are down.

I don't know what you mean by 'make too much money too quickly'? Every bet is independent, every result is independent. If it's not, then my findings aren't valid for that scenario.

If you have a system and scenario you'd like me to simulate, I can do so, have tools in place to do it.



Alright, I'll get up to speed with the existing work in this area before I make any further comments. Your comments make 100% sense for flat betting. But if I decide what to do based on the size of my bankroll, it seems intuitive I can make progress. But being surprised doesn't mean I wasn't wrong.
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thecesspit
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March 13th, 2013 at 10:23:43 AM permalink
Quote: Ahigh

Alright, I'll get up to speed with the existing work in this area before I make any further comments. Your comments make 100% sense for flat betting. But if I decide what to do based on the size of my bankroll, it seems intuitive I can make progress.



Moderated my comments a little, as progressive systems can mean (in the shorter term) that the number of people ahead is greater than the number of people behind, but the total win/loss amount is still 0 (or close to it).
"Then you can admire the real gambler, who has neither eaten, slept, thought 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
Mission146
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March 13th, 2013 at 4:20:56 PM permalink
Quote: thecesspit


If you have a system and scenario you'd like me to simulate, I can do so, have tools in place to do it.



If that's an open offer, I'd take you up on simulating my Roulette, "Method," if you would be so kind. I don't call it a, "System," because I do not delude myself into the belief of either long/short term winning. It's just the way I like to play Roulette.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
treetopbuddy
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March 13th, 2013 at 4:26:58 PM permalink
Quote: Mission146

If that's an open offer, I'd take you up on simulating my Roulette, "Method," if you would be so kind. I don't call it a, "System," because I do not delude myself into the belief of either long/short term winning. It's just the way I like to play Roulette.

wow, mission, your method doesn't even win in the short run? Your going to have a hard time selling it with that pitch.
Each day is better than the next
Mission146
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March 13th, 2013 at 4:28:46 PM permalink
Quote: treetopbuddy

wow, mission, your method doesn't even win in the short run? Your going to have a hard time selling it with that pitch.



That's not what I meant...lol

I just meant that I don't expect to win when I play Roulette, system or not. I mean, sure, if I was doing a six-step Marty and down on the first win never to play again in my life, I'd expect to win...but you know what I mean.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
thecesspit
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March 13th, 2013 at 4:51:56 PM permalink
Quote: Mission146

If that's an open offer, I'd take you up on simulating my Roulette, "Method," if you would be so kind. I don't call it a, "System," because I do not delude myself into the belief of either long/short term winning. It's just the way I like to play Roulette.



Sure, PM me with the details, what you want to learn, and I'll take a look.

Normally I do X-1000's of people playing for x-1000's of spins/progressions or until they busto.

I use a Psuedo Random Number Generator. I have not yet got round to adding more chaos to it, as it doesn't really matter.
"Then you can admire the real gambler, who has neither eaten, slept, thought 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
mdh
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March 13th, 2013 at 5:17:15 PM permalink
Quote: Gabes22

Nice Pearl Jam reference

I thought the same thing when I saw FinsRules post. Its too bad Eddie brings in too much politics into PJ music. But, I know which songs to skip.
Mission146
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March 13th, 2013 at 5:37:38 PM permalink
Quote: thecesspit

Sure, PM me with the details, what you want to learn, and I'll take a look.

Normally I do X-1000's of people playing for x-1000's of spins/progressions or until they busto.

I use a Psuedo Random Number Generator. I have not yet got round to adding more chaos to it, as it doesn't really matter.



TheCessPit,

Thanks, that sounds like fun! I'll just post my Method here, it's nothing I'm embarrased about as I have no delusions of winning consistently, and it's nothing I'm trying to sell so everyone in the world could use it for all I care.

Here is the method:

Buy-In: 50 Units

Betting: You would initially bet one unit on each of the corners of Black-29 (or any other) and then one unit straight-up on Black-29. If you hit the straight bet, then all corners and the straight bet get bumped to two units. If you hit it again, then three units on all corners and straight bet. If you hit it three times, then you're done.

You will play until you bust, except:

If you reach a profit of 50 units (or more) while you are still on the single unit bets, without hitting the straight bet, stop.

If you reach a profit of 100 units (or more) while on the two-unit bet, without hitting the second straight bet, stop.

If you reach a profit of 150 units (or more) while on the three-unit bet, without hitting the third straight bet, stop.

Questions

What is the win rate?

What percentage of the time will you hit Black-29 three times before bust?

What percentage of the time will you stop at 150+?

100+?

50+?

If it would require you to run multiple simulations to determine more than just the win rate, then please don't go to all that trouble. The win rate is the most important thing in which I am interested.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
thecesspit
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March 13th, 2013 at 7:08:56 PM permalink
Black-29? Really? That was my normal bet when I played Roulette (got bored with it after a couple of hours total).

Will have a go.
"Then you can admire the real gambler, who has neither eaten, slept, thought 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
7craps
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March 13th, 2013 at 7:45:24 PM permalink
Quote: Mission146

Here is the method:
Buy-In: 50 Units
Betting: You would initially bet one unit on each of the corners of Black-29 (or any other) and then one unit straight-up on Black-29.

Looks like you can only make that wager on 10 different numbers
right in the center column to have the exact win distribution.


Other methods to compare your upcoming results to.

Just Flat betting your 5 units
50 unit bankroll
00Wheel

50WG: 38.96%
100WG: 24.68%
150WG: 17.51%
200WG: 13.08%
250WG: 10.07%

flat betting 1 unit straight-up
50WG: 40.87%
100WG: 25.88%
150WG: 18.18%
200WG: 13.49%
250WG: 10.31%

0Wheel
Flat betting 5 units
50 unit bankroll

50WG: 41.17%
100WG: 27.30%
150WG: 20.25%
200WG: 15.83%
250WG: 12.78%

flat betting 1 unit straight-up
50WG: 42.91%
100WG: 28.34%
150WG: 20.78%
200WG: 16.11%
250WG: 12.88%


Maybe OP wants to beat Mr. Bluejay's challenge.
winsome johnny (not Win some johnny)
Mission146
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March 13th, 2013 at 8:48:43 PM permalink
Quote: thecesspit

Black-29? Really? That was my normal bet when I played Roulette (got bored with it after a couple of hours total).

Will have a go.



The number, though mathematically irrelevant, has treated me well in the past.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Mission146
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March 13th, 2013 at 8:50:50 PM permalink
The reason the bet is so much fun is because the first time a 26, 28, 30 or 32 hits, I exclaim, "BOOM! Love me two times," or something to that affect and it gets a genuine laugh.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Mission146
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March 13th, 2013 at 9:24:00 PM permalink
One thing I forgot to mention, when you get up to 50 Units ahead, you would not make a bet that would put you below fifty units profit, regardless of hopw many straight bets hit, likewise with 100 and 150 units.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
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