TomG
TomG
Joined: Sep 26, 2010
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Thanks for this post from:
AxelWolf
September 22nd, 2019 at 3:33:07 PM permalink
Quote: MDawg

I can't read most of this thread as blocked, but the title makes perfect sense. This is what we DO in all gambling, including say in Baccarat. I've made MA$$ doing this. Try to tell the two brothers on the top of floor of my hotel, currently up two million in Baccarat, that you don't bet streaks.



Quote: EvenBob

ARRGUH!!! I never SAID it was a winner, I never IMPLIED it was a winner. In fact I said it was NOT a winner! Good god!

It's a fricking method to manage LOSSES. It's a way to make your money last longer. Get IT? Got IT?

sigh..



Now I don't know what to believe. EB says betting on streaks is not a way to earn money at a casino; MD says it is. We know they both must be right, because EB has a method where he earns money at the casino, and MD has also proven that he earns money at the casino
TomG
TomG
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September 22nd, 2019 at 3:40:03 PM permalink
Quote: EvenBob

It's not a system, it's a method. I never EVER bet streaks, why would I, you can't win.



The only time a roulette wheel does not have a streak of 1 or more is on it's very first spin. That would never happen on a casino floor. So if your method does not allow you to EVER bet streaks, how can you EVER make a bet?

Quote: EvenBob

This whole thing started because I bet the champ in Jeopardy would continue to win because my advice is always to bet with streaks if you must bet on them.



Betting against a streak means losing 5.26% of all money wagered, according to both long division and a google search. Explain how betting with a streak means a better result than that
EvenBob
EvenBob
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DeMango
September 22nd, 2019 at 4:07:09 PM permalink
Quote: TomG

Betting against a streak means losing 5.26% of all money wagered, according to both long division and a google search. Explain how betting with a streak means a better result than that



Good GOD! This is my last post in this
thread. This is the LAST time I'll
explain this.

In betting streaks, the goal is
to win one unit. You bet till you
win or till the streak ends.. Bet against
the streak and lose and you
have to use a progression. This
means you stand to lose more than
one unit. So instead, bet with the
streak and you'll lose one unit
or gain one.

This will make your money last longer
because you have wait for more streaks
to appear. You will never ever ever ever
ever ever ever ever ever ever
make money using this method. It's for
managing losses and playing longer.

Get it? Got it? This is a first, I'm going
block my own thread because I can't keep
answering the same questions over and
over and over. So this thread is


BLOCKED
Last edited by: EvenBob on Sep 22, 2019
"It's not enough to succeed, your friends must fail." Gore Vidal
TomG
TomG
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September 22nd, 2019 at 4:47:50 PM permalink
Quote: EvenBob

In betting streaks, the goal is to win one unit. You bet till you lose.



I like that. Make a bet, if it wins you met your goal and stop. If you lose, than you stop betting per your "You bet till you lose" rule

Quote: EvenBob

Bet against the streak and lose and you have to use a progression.



That would violate the rule I quoted above, "You bet till you lose". And even violating that rule, the problem isn't betting based on the streak, the problem is using the progression. Maybe you "have" to use a progression, but I don't. And I haven't ever done so

Quote: EvenBob

Get it? Got it? This is a first, I'm going block my own thread because I can't keep answering the same questions over and over and over.



Of course the question asking you describe your method to win at roulette went unanswered
EvenBob
EvenBob
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DeMango
September 22nd, 2019 at 7:11:20 PM permalink
Quote: TomG


That would violate the rule I quoted above, "You bet till you lose".



I misspoke. You bet till you win one
unit or the streak ends. Just hope it
ends before the progression gets
too deep.

Now it's blocked.
"It's not enough to succeed, your friends must fail." Gore Vidal
TigerWu
TigerWu
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September 23rd, 2019 at 9:58:21 AM permalink
So you walk up to a roulette table, and see 9 consecutive red wins. You bet on red. Black comes up and you lose, so you walk away as per your method. Or, let's say red comes up, so you win one unit and walk away.

How is that any different than betting randomly or against a streak and walking away after losing/winning once?

Your "method" has nothing to do with streaks; you are simply using streaks as a decision device and the REAL method is to walk away after a loss or win of one unit. You can bet against the streaks or totally randomly or completely blindfolded and still do that.

You can just as easily say, "My method is to wait for three reds, two blacks, and one red, then I bet black, but walk away after winning or losing one unit."

Or, "My method is to bet red, black, red, black, red, black, etc. but walk away after winning or losing one unit."
Dalex64
Dalex64
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September 23rd, 2019 at 11:42:06 AM permalink
I think the issue is in presenting the alternative to "bet with the streak until you lose" as "bet against the streak until you win"

Really the equivalent bets, for the 50/50 bets are:
Bet with the streak: bet the same as the result of the last bet until you lose.
Bet against the streak: bet the opposite as the result of the last bet until you lose.
MDawg
MDawg
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September 23rd, 2019 at 11:58:34 AM permalink
It's hard to understand what "betting on streaks" means unless it's right in front of you.

First of all, I'd say that "streaks" are meaningless for truly random events like roulette and craps, where each event is completely independent from the prior one, and each event could come up with any possible result.

But in something like Baccarat, the cards are set in the shoe, and whatever happens in the next hand is fixed and may not change. Here is a shoe I recently played,

the first part of the shoe is random, no way to predict or win there. Second part is a chop, player / bank / player / bank 8 times with only one deviation, easy to follow. The streak at that point is a chop.

After that, unless you were asleep, the streak is simply to bet on one side until it runs out, then bet on the other side until it runs out, a Baccarat player's ideal shoe, I cleaned up on this one. But not everyone playing at this table cleaned up, the amateurs were betting against each other. During each streak your worst possible result per row was to break even, your best possible result, to win 11/12, simply by following the streaks.

As far as predictive value, some players would hesitate or even switch after two players, as player was going only two for a while, or hesitate or switch after three banks, as bank was going only three for while. I generally ignore those sorts of signals, I just stay on each run (each "streak") until it switches. On some shoes, predictive value is uncanny, on others, there is little or none.

Basically, to win at Baccarat you play hoping that your shoe will be something like this. As far as pressing into the streaks, I just do that always, and if the streak happens I win a gang, if the streak does not happen, at worst I lose 2/3 hands. As long as one or more long streaks come into the shoe, I win over all, and in the case of this shoe, I won A LOT.
Last edited by: MDawg on Sep 23, 2019
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
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October 3rd, 2019 at 1:41:16 PM permalink
Yesterday we had this Baccarat shoe where except for one time near the end, where player went three times in a row, neither Bank nor Player went past two the entire shoe. I cut the shoe. I was thinking, well this s*cks, no runs, but about a third of a way into the shoe this Chinese guy came in and started betting ten thousand on the opposing side every time player or bank would run two. He was CLEANING UP. It took a bit for the rest of us to get it, but we eventually got on board.

So, any recognizable pattern may be a streak.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MaxPen
MaxPen
Joined: Feb 4, 2015
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October 21st, 2019 at 10:24:43 AM permalink
Quote: MDawg

Yesterday we had this Baccarat shoe where except for one time near the end, where player went three times in a row, neither Bank nor Player went past two the entire shoe. I cut the shoe. I was thinking, well this s*cks, no runs, but about a third of a way into the shoe this Chinese guy came in and started betting ten thousand on the opposing side every time player or bank would run two. He was CLEANING UP. It took a bit for the rest of us to get it, but we eventually got on board.

So, any recognizable pattern may be a streak.




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