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8 votes (80%)
2 votes (20%)

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dajakesta
dajakesta
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December 17th, 2016 at 9:44:40 AM permalink
So the worst betting system goes to double your bet regardless of win or lose. Play this on blackjack, you would let your original double down and your wins ride. My rationale is that this betting system results in less expensive winning streaks without a huge chance of profit and a long losing streak will wipe you out. A choppy streak will mostly net you a small loser. So what are you guys' opinions on this one? No one have to educate me on how betting systems won't change the expectation. I already know that.
Last edited by: dajakesta on Dec 17, 2016
RS
RS
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December 17th, 2016 at 9:50:58 AM permalink
Go for the big win or go home.
MrV
MrV
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December 17th, 2016 at 11:21:52 AM permalink
Uh, it seems to be what I'll call "self-limiting."

If you double your bet after ever outcome, win or lose, then after a fairly short series of doubling the preceding bets you'll run into the house max bet ceiling.

The peril of the martingale.
Last edited by: MrV on Dec 17, 2016
"What, me worry?"
OnceDear
OnceDear
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December 17th, 2016 at 1:07:26 PM permalink
Quote: dajakesta

So the worst betting system goes to double your bet regardless of win or lose. Play this on blackjack, .



lol. That's impressively bad. Maybe could be worse if you tripled or quadrupled on each bet, but yeah: Still impressive. Not for the faint of heart.
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.
Dalex64
Dalex64
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December 17th, 2016 at 8:25:54 PM permalink
Why not just bet everything you have, every time?
billryan
billryan
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December 17th, 2016 at 9:27:46 PM permalink
Quote: Dalex64

Why not just bet everything you have, every time?



Suppose you get a pair of 8s or an 11vs.2?
The difference between fiction and reality is that fiction is supposed to make sense.
gamerfreak
gamerfreak
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December 17th, 2016 at 10:31:30 PM permalink
Quote: Dalex64

Why not just bet everything you have, every time?


Theoretically the best betting system. 1 bet 100% bankroll
AxelWolf
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December 18th, 2016 at 3:54:54 AM permalink
Quote: billryan

Suppose you get a pair of 8s or an 11vs.2?

As if someone cares about getting a little better % while playing everything on one big bet.
♪♪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♪♪
Dalex64
Dalex64
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December 18th, 2016 at 6:09:18 AM permalink
Quote: billryan

Suppose you get a pair of 8s or an 11vs.2?



That's another reason that betting everything you have should be a candidate for the worst betting system.
OnceDear
OnceDear
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December 18th, 2016 at 6:12:13 AM permalink
Quote: Dalex64

Why not just bet everything you have, every time?


It was fun to watch a guy do just that. OK. Not his entire bankroll, but his entire buy-in.
https://wizardofvegas.com/member/oncedear/blog/#post1440

He didn't prosper $:o)
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.
billryan
billryan
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December 18th, 2016 at 10:55:42 AM permalink
I remember watching a televised poker tournament about ten years ago. An older guy, I believe from South America, would fold almost every hand, but whenever he played he went all in from the start.
It worked. Until it didn't.
The difference between fiction and reality is that fiction is supposed to make sense.
dajakesta
dajakesta
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December 18th, 2016 at 3:04:11 PM permalink
Quote: OnceDear

lol. That's impressively bad. Maybe could be worse if you tripled or quadrupled on each bet, but yeah: Still impressive. Not for the faint of heart.



Also, bj was just an example, this can be ised for craps w/odds as well
AxelWolf
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December 18th, 2016 at 3:33:02 PM permalink
Quote: dajakesta

Also, bj was just an example, this can be ised for craps w/odds as well

Just find a good sports bet and bet everything.

How to find a good bet:
Find some sports junkie who declares something to be the pick of the year and he's bet everything on it(preferably someone who's in debt to a bookie).

Bet the opposite of what he's betting and hope he doesn't lay off last minute.

Or read Mikes yearly prop bet picks.
♪♪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♪♪
RS
RS
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dajakestaLuckyPhow
December 18th, 2016 at 3:56:12 PM permalink
IMO, if you're going to use a betting system....your best bet is probably to find a craps table with at least 10x odds (preferably 20x or 100x)....and use a martingale-like system. Bet $5 on pass line. If you win, you win $5...reset....if you lose it, then next time a point is established, bet enough to end up profiting $5 (or $10 or whatever). If it loses, rinse wash repeat. Only increase PL wager if you won't be able to profit with enough odds on the next roll. That way, most of your action is on the odds (no HE), and you're giving up a minimal amount in EV (1.41% or so on $5 or $10 on PL).

Another benefit being that you don't have to double up after a loss. Say you're down $300. You got your $5 on the PL, point is 9, and you're on a 100x odds table. Just gotta throw down $200 in odds (to pay $300 in odds +$5 PL) in order to end up being ahead by $5. If that loses, then you're down $505. Bet $5 on PL. Say the point is 5 this time. Then bet $340 (or so) in odds, to pay $510 in odds + $5 PL for a net profit of $10. If that loses, you're down $850 if my math is right. Bet $10 on PL. If point is 4 or 10, bet $425 or $430 in odds. Then if it hits you'll be up $10 or $20.


Not saying it's a winning system, but probably not as bad as most others. And I don't recommend it, unless the only alternative is some other sh*tty betting system.
dajakesta
dajakesta
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December 31st, 2016 at 11:55:42 AM permalink
Quote: RS

IMO, if you're going to use a betting system....your best bet is probably to find a craps table with at least 10x odds (preferably 20x or 100x)....and use a martingale-like system. Bet $5 on pass line. If you win, you win $5...reset....if you lose it, then next time a point is established, bet enough to end up profiting $5 (or $10 or whatever). If it loses, rinse wash repeat. Only increase PL wager if you won't be able to profit with enough odds on the next roll. That way, most of your action is on the odds (no HE), and you're giving up a minimal amount in EV (1.41% or so on $5 or $10 on PL).

Another benefit being that you don't have to double up after a loss. Say you're down $300. You got your $5 on the PL, point is 9, and you're on a 100x odds table. Just gotta throw down $200 in odds (to pay $300 in odds +$5 PL) in order to end up being ahead by $5. If that loses, then you're down $505. Bet $5 on PL. Say the point is 5 this time. Then bet $340 (or so) in odds, to pay $510 in odds + $5 PL for a net profit of $10. If that loses, you're down $850 if my math is right. Bet $10 on PL. If point is 4 or 10, bet $425 or $430 in odds. Then if it hits you'll be up $10 or $20.


Not saying it's a winning system, but probably not as bad as most others. And I don't recommend it, unless the only alternative is some other sh*tty betting system.



Can I do this for the DP? I am more of a darkside player
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