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TheMadSailor
TheMadSailor
Joined: Sep 5, 2014
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September 5th, 2014 at 6:10:38 PM permalink
I know that betting systems are proven to be useless mathematically, but I've been using one in blackjack and so far, there has been no problems as long as I followed the system. At the end of the day, I always won money. Sometimes I had to play for a long time, sometimes not. Can anyone tell me if the following betting system would work, and if not, why?

Betting System: Look for the games with the best rules and follow basic strategy (kind of a given). Use Oscar's Grind with a win limit of 10 units and a loss limit of 10 units. When a loss of 5 or more units is reached, start the sequence over and only play until net profit is 0 or until the loss limit is reached. Keep playing at different tables and different casinos until satisfactory profit is gained.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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September 5th, 2014 at 6:23:38 PM permalink
Quote: TheMadSailor

I know that betting systems are proven to be useless mathematically, but...


You were doing ok until you got to 'but'.

If you've been successful, you've been lucky. Sooner or later, it's gonna fail, and fail big.

Until that day enjoy yourself, but know that day is coming.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
ThatDonGuy
ThatDonGuy
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September 5th, 2014 at 6:59:06 PM permalink
Could you clarify what your stop conditions are? If I am reading this right, what you do is:

(a) At a particular table, do an Oscar's Grind until you reach either +10 or -5
(b) If you reach -5, reset the bet to 1, and continue until you reach either -10 or 0
(c) When you reach one of the two stop conditions, go to another table
(d) Repeat as necessary until you reach a "satisfactory profit" for the day, then stop

Is this right, and if it is, what is your definition of "satisfactory profit"?

If I understand this correctly, what DJTeddyBear said is correct - your number of daily wins will almost certainly be higher than your daily losses, but when you do have losses, they will tend to be much larger.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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September 5th, 2014 at 7:12:44 PM permalink
If you have to ask, you're in the wrong multiverse. Anything could work, you'll just have to try and see if you're in the universe where it makes you rich.
I am a robot.
dwheatley
dwheatley
Joined: Nov 16, 2009
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September 5th, 2014 at 7:14:56 PM permalink
Let's try something I saw in another thread:

E[X] + E[Y] = E[X+Y]

Therefore, it will not work.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
AxiomOfChoice
AxiomOfChoice
Joined: Sep 12, 2012
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September 5th, 2014 at 7:20:11 PM permalink
Quote: dwheatley

Let's try something I saw in another thread:

E[X] + E[Y] = E[X+Y]

Therefore, it will not work.



That's really all you need to know
Dieter
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Dieter
Joined: Jul 23, 2014
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September 5th, 2014 at 7:39:56 PM permalink
Quote: TheMadSailor

I know that betting systems are proven to be useless mathematically, but I've been using one



If doing so adds to your enjoyment of the game, so be it. It's your money, play it how you like.

If you happen to get lucky and win, well done you.

If you happen to lose, well, you were buying entertainment.


Does the system call for doing anything special after losing a double, or both sides of a split?
May the cards fall in your favor.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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September 5th, 2014 at 10:16:03 PM permalink
Wizzard PLEASE take my advice and charge a fee to post in betting systems thread. Any betting system non Wizard approved in other sections automatically deleted.
♪♪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♪♪
beachbumbabs
Administrator
beachbumbabs
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September 5th, 2014 at 10:35:44 PM permalink
Quote: AxelWolf

Wizzard PLEASE take my advice and charge a fee to post in betting systems thread. Any betting system non Wizard approved in other sections automatically deleted.



Noted and moved. Thanks.
If the House lost every hand, they wouldn't deal the game.
RS
RS
Joined: Feb 11, 2014
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September 5th, 2014 at 11:53:05 PM permalink
Betting systems, in it of themselves, do not work. Well, they don't win money [I think that's what people mean by "does a betting system work?"]. If you think there's something special about your system or it's somehow unique, feel free to post your strategy.......but, unless the money you're putting into the circle has +EV, then you're going to be losing.

If every bet you make is -EV....how can you add up a bunch of -EV bets to end up with +EV?


Quote: AxelWolf

Wizzard PLEASE take my advice and charge a fee to post in betting systems thread. Any betting system non Wizard approved in other sections automatically deleted.



But I like posting in this sub-forum.


:(

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