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winningwizard
winningwizard
Joined: Jul 5, 2019
  • Threads: 3
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July 10th, 2019 at 9:14:40 AM permalink
Come on....how can someone believe that there is a system to beat any casino sinos would go out of business. Casino games have negative expected value and you would lose. It should be for pure entertainment, not a money making strategy. All you guys need is a basic understanding of statistics to get this.

Only live poker and sports betting are the only form of games where you can use skill to give yourself advantage but even those are hard work and grind.
gamerfreak
gamerfreak
Joined: Dec 28, 2014
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July 10th, 2019 at 9:56:28 AM permalink
It depends on your definition of a system.

Positive expectation play exists and many folks here make good money. But none of that fits the common definition of systems betting.
DRich
DRich
Joined: Jul 6, 2012
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July 10th, 2019 at 10:01:03 AM permalink
As gamefreak alludes to, you have to understand the difference between systems. Card counting is a system that works, Martindale is not.


Systems that only involve changing the bet size without other knowledge and or other changes will fail.
Living longer does not always infer +EV
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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July 10th, 2019 at 10:09:28 AM permalink
Quote: DRich

As gamefreak alludes to, you have to understand the difference between systems. Card counting is a system that works, Martindale is not.


Systems that only involve changing the bet size without other knowledge and or other changes will fail.

from what I understand a system that works is no longer considered a system but a method.
♪♪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♪♪
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
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July 10th, 2019 at 10:20:57 AM permalink
Quote: gamerfreak

It depends on your definition of a system.

Positive expectation play exists and many folks here make good money. But none of that fits the common definition of systems betting.

indeed. Apart from a slight advantage from BJ card counting, Systems per se, such as progressives, money management, hit and run and hot streaks etc are all of zero financial value, though they may add extra amusement value. *
However, there are some real and exploitable opportunities in the careless or reckless ways that some casinos and their marketing managers, operate. Enough to be a career for some players. Surprisingly, there are sometimes massive opportunities with life spans that may extend from minutes to years. Don't expect those in the know to reveal these opportunities except at a superficial level after they are closed down.
* Some members vocally insist that they whup the casinos with hit and run and streak betting. Heck, one guy "knows random" so well that he used to suggest he could
whup roulette, though he's less vocal on that theme nowadays.
Exponents of mathematically unsound strategies have their posts derided by others, often robustly and even often rudely.
If you are enjoying the game, you're already winning.
redietz
redietz
Joined: Jun 5, 2019
  • Threads: 3
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Thanks for this post from:
OnceDear
July 10th, 2019 at 10:34:44 AM permalink
Hey, Once Dear, that second paragraph is a gem. Couldn't do better if I spent a month trying to say the same thing.
"You can't breathe dead hippo waking, sleeping, and eating, and at the same time keep your precarious grip on existence."
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 157
  • Posts: 7889
July 10th, 2019 at 12:36:13 PM permalink
Quote: OnceDear

indeed. Apart from a slight advantage from BJ card counting, Systems per se, such as progressives, money management, hit and run and hot streaks etc are all of zero financial value, though they may add extra amusement value. *
However, there are some real and exploitable opportunities in the careless or reckless ways that some casinos and their marketing managers, operate. Enough to be a career for some players. Surprisingly, there are sometimes massive opportunities with life spans that may extend from minutes to years. Don't expect those in the know to reveal these opportunities except at a superficial level after they are closed down.
* Some members vocally insist that they whup the casinos with hit and run and streak betting. Heck, one guy "knows random" so well that he used to suggest he could
whup roulette, though he's less vocal on that theme nowadays.
Exponents of mathematically unsound strategies have their posts derided by others, often robustly and even often rudely.



Math.
What is it good for?
Absolutely nothing. Say it again.
MDawg
MDawg
Joined: Sep 27, 2018
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July 10th, 2019 at 12:59:20 PM permalink
Nothing matters but results.
7craps
7craps
Joined: Jan 23, 2010
  • Threads: 18
  • Posts: 1907
July 10th, 2019 at 1:21:47 PM permalink
Quote: winningwizard

All you guys need is a basic understanding of statistics to get this.

statistics = LOL
Mark Twain, “There are three kinds of lies: lies, damned lies, and statistics.”
winsome johnny (not Win some johnny)
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
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Thanks for this post from:
AxelWolfsmoothgrh
July 10th, 2019 at 1:30:06 PM permalink
Quote: MDawg

Nothing matters but results.

When an established, but rather lucky member suggests to a newbie member and all newbies who may read it, that he follows a rubbish, losing strategy then that matters. It really matter.
It's totally academic that you have had previous (unbelievable) good luck with that strategy.
It's a bit like a previously destitute person who became a million dollar lottery winner suggesting that poor folks should spend all their worldly wealth on lottery tickets. It does a great disservice to those poor folks.

This forum does not support such malice, mischief or ignorance, whichever it is, whether wilful or not.
If you are enjoying the game, you're already winning.

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