How do people take these "experts" seriously??
The suckers will believe this garbage. These systems lead to one place...The Poor House!!
Quote: NathanI agree. I LOVE how he says,"Increase your bets after a win!" WTF? Increasing your bets after a win is a BAD IDEA. In fact, a woman at the casino told me,"I was winning really well on 30 cent bets on Quick Hits machine, so I upped my bet to Max bet and I lost all the money I had won plus the bankroll I had left in the machine." You should STAY at your current low bet even if you do hit a big win.
My problem with it, is that the reader is being told you can "win" with it. You cannot win with a betting system, period.
I agree the 888 output includes some pretty dubious stuff and this article in fact does allow you to assume that it is a system that beats the house if you are inclined to take it that way. I think the site owner wants articles like that; you have to wonder how Teliot deals with such, especially if there is a bit of pressure.
Nathan, increasing your bets just means you have put more in action against the house edge, so you can say it is a bad thing generally, but not absolutely. For example, in negative expectation, the player who makes a few large bets and limits time at the machine or table is playing smarter than the player who makes minimum bets but plays for hours.
Quote: DiscreteMaths2Other than the title (edit: actually I am so not so sure, it says how can you, not how you can), the actual article alludes to the fact you are gambling on your individual wins. That being said, it does not surprise me Frank Scoblete is penning what amounts to be a puff piece about a betting system.
Exactly. The problem is the title: "How to WIN...."
You CANNOT win with it. I'd expect this coming from a ploppie, not the person that coined the term.
Besides constantly projecting your own on these persons, in my opinion, the worse problem here is turning the world into extremes. When we like every thing about someone, or hate every thing, we are being unrealistic. Very, very few persons are completely very bad or good; and the differences are clear, if not obvious to most. The usual or moderate situation is for Fred to like Bill, except for Bill's tendency to like, get or do something else. Within a grounded forum of originality for community growth.Quote: IbeatyouracesThe suckers will believe this garbage. These systems lead to one place...The Poor House!!
I start my 1st Pai Gow bet at $15-20. If I win my first bet I stay the same bet. Each win after that i add a nickel until I lose my bet and then I start over at the $10-15 level. Less than original bet and start the series over.
If I lose my first bet I make the same bet. When you are winning you are always pulling profit back and getting extra out of a hot streak and losing just losing like you normally would.
Quote: IbeatyouracesExactly. The problem is the title: "How to WIN...."
You CANNOT win with it. I'd expect this coming from a ploppie, not the person that coined the term.
Read it again, its actually:
"How Can You Win With the Paroli System [?]"
Which Frank doesn't answer directly himself but the answer is in the long run you can't. (Which I think you are obligated to mention any time you bring up a betting system to people who are new or have little knowledge of gambling.)
That said, the article as a whole, I feel like it's fair. Maybe some enthusiasm could be misconstrued as inferring a guaranteed win, but I don't feel like it's dishonest. It would be nice if they mentioned this kind of system will turn into a lot of smaller losses, but that kind of objectivity isn't required. This is entirely an opinion based matter though, unless I missed something in the post.
Quote: InTimeForSpace1Besides constantly projecting your own on these persons, in my opinion, the worse problem here is turning the world into extremes. When we like every thing about someone, or hate every thing, we are being unrealistic. Very, very few persons are completely very bad or good; and the differences are clear, if not obvious to most. The usual or moderate situation is for Fred to like Bill, except for Bill's tendency to like, get or do something else. Within a grounded forum of originality for community growth.
Are you a robot? That is a serious question in that it's as if you are testing your ability to 'seem to be' human. Seriously.
Evidence:
*although the grammar and ability to form a sentence, etc, is sometimes OK the response is actually not on topic and may not make sense.
*"Within a grounded forum of originality for community growth. " that is a nonsensical sentence fragment with no connection to the rest of the post
*the material seems to be dragged up out of a data base of expressions to use
Quote: Ibeatyouraceshttps://www.888casino.com/blog/how-to-win-with-the-paroli-system/
The suckers will believe this garbage. These systems lead to one place...The Poor House!!
Remarkably, 888Casino have been known to ban members for Martingaling them! So the management obviously believe their own mumbo jumbo.
Also, though their blog has posts promoting card counting, they closed my account after specifically accusing me of card counting their live dealer games in a rather nasty email. ( I was in a small way, )
here. No betting system will win without
the proper bet selection. If he had that,
he would never tell anybody. A system
without a winning BS is a waste of time.
Quote: OnceDearRemarkably, 888Casino have been known to ban members for Martingaling them! So the management obviously believe their own mumbo jumbo.
Also, though their blog has posts promoting card counting, they closed my account after specifically accusing me of card counting their live dealer games in a rather nasty email. ( I was in a small way, )
Were you able to cash out everything or did you lose money in the end ?
I was fortunate in that I had a pending withdrawal for my entire balance after suspecting, correctly, that the door was about to close on me.Quote: DiscreteMaths2Were you able to cash out everything or did you lose money in the end ?
Quote: EvenBobFrank puts the cart before the horse
here. No betting system will win without
the proper bet selection. If he had that,
he would never tell anybody. A system
without a winning BS is a waste of time.
That won't work either.
Are you the forum's grammar police, resident psychologist, and chief computer analyst all in one? It just seems sort of lame to revel in idiotic stuff. Funny to watch, though. It's true that lonely people make others lonely?Quote: odiousgambitAre you a robot? That is a serious question in that it's as if you are testing your ability to 'seem to be' human. Seriously.
Evidence:
*although the grammar and ability to form a sentence, etc, is sometimes OK the response is actually not on topic and may not make sense.
*"Within a grounded forum of originality for community growth. " that is a nonsensical sentence fragment with no connection to the rest of the post
*the material seems to be dragged up out of a data base of expressions to use
I can spot something that looks like a computer trying to imitate humans. Do you not know of such experiments? I swear some come to forums to test it out. In other cases I realized it was probably Google Translate doing a bad job - that can seem similar. So, that's why I said "sincerely" in my post.Quote: InTimeForSpace1Are you the forum's grammar police, resident psychologist, and chief computer analyst all in one?
See, that comment makes no sense.Quote:It just seems sort of lame to revel in idiotic stuff.
Has the computer been trained to get sarcastic?Quote:Funny to watch, though. It's true that lonely people make others lonely?
As far as banning people for martingale, an argument could be made that it's good for the casino (sort of) in that it makes it seem like martingale works, or else "why would they ban someone for using a system if it didn't work?" That type of thing.
Hell, maybe that's why some casinos sweat dice setters in craps.....but because it actually works, but to give them a false sense that it works and they're scared of it.
Quote: RSBATTLE BOTS!!
Good show!!
and you may be right that banning losing players may make them come back with more vigor and bankroll thinking they're on to something.... somehow i doubt they're up to anything that complex.
I'd say it was robotic or predictable, but that would seem harsh to the actual robots. Hehehe.Quote: IbeatyouracesGood show!!
I'd believe it to a degree. I read an article about 20 years ago how the martingale was even disliked by casinos on slot machines. Notice the lines went up, bet per line went down. I think casinos as I remember it felt like if an individual lost a certain amount, offering a big bet could negate the day's losses, and it pissed them off. They want smooth variance and people predictable coming back.Quote: OnceDearRemarkably, 888Casino have been known to ban members for Martingaling them! So the management obviously believe their own mumbo jumbo.
Also, though their blog has posts promoting card counting, they closed my account after specifically accusing me of card counting their live dealer games in a rather nasty email. ( I was in a small way, )
Quote: Ibeatyouraceshttps://www.888casino.com/blog/how-to-win-with-the-paroli-system/
The suckers will believe this garbage. These systems lead to one place...The Poor House!!
Oy.
I will say that Frank Scoblete is a very nice man and good at writing. He is very adept at speaking to a very broad audience about gambling. I'm sure he has sold at least 100 times as many gambling books as I have. The most shocking part of the article, by far, is the misspelling of parlay.
Quote: Frank ScobleteThat’s correct, Paroli betting is parley betting and some of you may already use a version of it in your play.
It is well know that Frank has written about betting systems before as well as endorsing sucker hedge bets.
I will say that of all the gambling writers I vehemently disagree with, and there are many, Frank Scoblete is the nicest and a true gentleman in real life.
Quote: Eliot JacobsonAbout a year ago, 888casino contacted me to write some articles about advantage play for their blog. During my review of their site, I quickly saw their dedication to first-rate gambling content.
Things that make you go hmmmmmmmm......
I think it's perfectly reasonable to write about betting systems. They can certainly provide entertainment value to the recreational gambler. But, aside from the fact that the article reads like it was written on an iPhone during a morning squat, it's downright irresponsible to tacitly suggest that it's a winning system.
I ordered one of Frank's older books on slots (a whole $3 investment) based on a positive review by Nick Christienson. I plan on posting a review once I skim through it.
Quote: gamerfreakThings that make you go hmmmmmmmm......
I'm sure that is what Eliot thought at the time. It would seem 888 is buying content right and left for SEO purposes. I think Eliot's site was just the beginning of the spending spree.
Quote: LaymedownWords well said.
Seems your time spent reading -- you said elsewhere you do a lot of it -- allows you to dredge through long forgotten WoV gaming threads. Not saying it's good or bad, as I had thought to do so myself (but never found the time).
As a suggestion, if you find a good WoV craps thread (however ancient) your readers' time would be better spent if your, "Words well said," had a bit more meat on them. Please?
Quote: LaymedownWords well said.
Got a great idea! Next time quote what you thought were words well said!
Let's say a player goes to a casino once or twice a year and intends to play for an hour or two when they are there... A martingale wouldn't be any worse than flat betting the average wager. and they would have more frequent winning sessions. I'd think that's good enough for a lot of people who don't want to learn complicated strategies.
I'd bet that even a good number of APs might even leverage some martingale betting if they had to double in an hour or lose a limb.
The problem I have with this article is that it suggests that the betting system is a long term winner. That's clearly wrong... In fairness, the author did call out the house edge, but completely dodged the gravity of that fact.
As an aside, I was playing blackjack the other night at a table next to a man in a tuxedo and a women in a wedding dress. As it turns out, they got married a few hours before and the best thing that they could come up with to do on their wedding night was blackjack. The new hubby was using some kind of progressive betting system... Less extreme than martingale, but he was raising his bet after a loss. I think he was a little ahead... The Mrs seemed impressed. I have no idea how this story ends but I'm assuming both "got lucky". Good for them.
Quote: prozemaI've been giving some thought to betting systems lately. I'm 100% clear that in the long run, it loses... But what if a player never gets to the long run?
This is an argument betting system believers/salesmen all make. They say that, okay, maybe my system won't survive billions of bets, or whatever the "long term" means, but how about I cut and run before I get there?
There is no magic time when it is safe to cash out, tag home, and return and repeat. No method of adding up negative bets can sum to a positive expectation. Most systems are designed to achieve a likelihood of a short term win, at the cost of small chance of a huge loss. That huge loss could occur the first session, the 100th session, or any session. Eventually, every player will show a net loss given enough play.
Quote: WizardThis is an argument betting system believers/salesmen all make. They say that, okay, maybe my system won't survive billions of bets, or whatever the "long term" means, but how about I cut and run before I get there?
There is no magic time when it is safe to cash out, tag home, and return and repeat. No method of adding up negative bets can sum to a positive expectation. Most systems are designed to achieve a likelihood of a short term win, at the cost of small chance of a huge loss. That huge loss could occur the first session, the 100th session, or any session. Eventually, every player will show a net loss given enough play.
I'll delete those Rob Singer YouTube videos from my browser history and never speak of this again. :-)
Edit:. For the record, I'm not selling anything.
