Laymedown
Laymedown
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March 29th, 2018 at 4:35:47 PM permalink
The title says it all.
One step forward, 4 steps back and this is why martingale systems never work.

Just think about it. Let's assume the Casino wins on average 2 bets to every 1 lost.
How can you make this up.
You can't double your bet after a WIN because remember the casino wins 2 to your 1

If you win 1 and double it, you have 2 with no pulling back of chips so you now give the casino a second chance to win 200%
Assuming the casino wins 2 to 1 times that a big percentage of losses that can add up very quick.

How to fix this?
START WITH 2 CHIPS AND AFTER A WIN GO DOWN TO ONE CHIP ? maybe but maybe not.
START WITH ONE CHIP AFTER A WIN UP YOUR BET BY 50% ?

I think one main step is to determine how many average wins in a row can be made at the table before factoring in what your bet will be.

Assuming the win average is 3 in a row,
First off, you can now determine how many times to up your bet
Second, If you set an amount you want to win then that amount should be the 50% of the total of your last bet.

So if I want to win 1000.00 knowing the average is 3 wins in a row,
my third bet would be $500.00.
This also means my second bet will need to be $250.
This means my first bet must be $125

Now the question? If no wins get pulled back for 3 wins in a row also knowing that the casino wins 2 to your 1, that's a tough decision to make to parlay all your money 3 times in a row. So how to make it better?

START WITH ONE CHIP AFTER A WIN UP YOUR BET BY 50% ? Maybe it's a better bet.

So if I want to win 1000.00 knowing the average is 3 wins in a row, and you only press your wins 50%
We know our last bet needs to be $500 so if we increase our bet after each win from the start to get to that 500 amount ? ? ?

I know if I start with $100 this will not work because you need to win 5 times but the average casino run is 3.
100
150
225
337.50
506.25

I know if I start with $200 this will be too high because if you win 3 times the amount will be $900 but you also have 50% profits from your previous wins. $475.00 that totals $1375.00
200
300
450

This is where I'm lost because my head can't put together the figures.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
gamerfreak
gamerfreak
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March 29th, 2018 at 4:51:48 PM permalink
It does not matter when/how you raise and lower your bets. The house edge applies to every bet equally.
Laymedown
Laymedown
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March 30th, 2018 at 12:21:03 AM permalink
Yes. In knowing there is a house edge, just assume the loss when you lose a chip. I was referring this part towards those people who like to double up their bets after a LOSS.

If you have some solid figures to work with then you can easily alter your betting to compensate whats what and where everything needs to go.

Knowing that an average win run is 3
Knowing your win goal is $1000
Knowing how many bets you need to make to reach your win goal
Knowing how much to bet
Knowing what to pull back and what to press 20%, 50%,100%

If the bet is lost then start over.

All Systems work in general even beyond gambling.
We all use a system when we wake in the morning, get up, go to bathroom, brush teeth, get dressed, start our day.
Other systems include what we do at a work place.
Systems work but it's because we know the steps and we know what we need to do or alter some things in real time.

Anyway, I don't want to sound boring.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
RS
RS
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Thanked by
ZenKinG
March 30th, 2018 at 1:32:18 AM permalink
Honestly I have no idea WTF you’re writing.
billryan
billryan
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March 30th, 2018 at 5:35:49 AM permalink
You don't speak gibberish?
The difference between fiction and reality is that fiction is supposed to make sense.
MidwestAP
MidwestAP
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March 30th, 2018 at 5:58:29 AM permalink
You can't expect the content to be spoon fed to you when it's coming from the most interesting man in the world, got to search for the meaning ;-)
Laymedown
Laymedown
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March 30th, 2018 at 6:02:46 AM permalink
And this is why.
People don't understand the simple measures involved in gambling. Thus they go into the casino with expectations of winning and leave the casino's kicking themselves saying in their minds,
I should've done this
I should've done that
Why didn't I bet there
What was I thinking
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
SM777
SM777
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March 30th, 2018 at 6:30:46 AM permalink
......uh what?
Laymedown
Laymedown
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March 30th, 2018 at 6:40:51 AM permalink
What don't you understand. It's written in plain English?
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
darkoz
darkoz
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March 30th, 2018 at 6:53:32 AM permalink
I think you are confusing a system with a routine

I routinely wake up and brush my teeth

Its not a system
For Whom the bus tolls; The bus tolls for thee
Laymedown
Laymedown
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March 30th, 2018 at 7:21:44 AM permalink
I would have thought that a routine is what it becomes when repeated.

Thinking about something in steps before you do it would be strategy
Actually doing it would be system
Repeating the action would be routine.

If you follow your daily routine and something happens like an accident or you run out of gas or you slip and fall, you alter your routine but not your system.

Are you getting this or am I messing my self up here?

At my age my mind is not working as it once did.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
AxelWolf
AxelWolf
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RogerKint
March 30th, 2018 at 9:05:28 AM permalink
Quote: Laymedown

It's wonderful that you have a system or whatever and enjoy craps, God bless you.

What's not so wonderful is the fact that members oftentimes look for recent posts that are bold in blue.
It's nice to visit the site and see a bunch of new bold blue threads, as it indicates there's lots of new posts.

It's not so nice to realize it's the same person posting in 50 different craps threads. Would be nice if you could contain all the craps crap to one crappie craps thread.

Thanks in advance.
♪♪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♪♪
Laymedown
Laymedown
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March 30th, 2018 at 9:26:08 AM permalink
I apologize, i'm like a kid in a candy store, I am only subscribed to 18 threads two categories out of hundreds available.
But do keep in mind it is a discussion forum, if no one posted anything, then there would not be much of a forum.

Good or bad, I enjoy many of the articles from intelligent minded chaps on here. Craps is my game. I also apologize for bringing old posts back to life. They are very interesting, and there are many good reads on here that I just can't help myself.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
LuckyPhow
LuckyPhow
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March 30th, 2018 at 10:20:34 AM permalink
Quote: AxelWolf

It's wonderful ... God bless you ... Thanks in advance.



I understand your frustration, and I appreciate the gentle guidance you suggest to Laymedown (and, probably, to others in those posts, like myself).

If you've been reading the many recent craps threads, you know that there are WoV members who find (some, if not all of) Laymedown's (and others') posts interesting and/or helpful.

Once you see where a thread is going, you could unsubscribe. Or, you could Block posts from Laymedown. Or, you could just post, "Whatever..." (or similar, as you sometimes do), thereby maintaining your status as one of the top contributors in WoV. Axel, there's +EV here, if you search for it.
Laymedown
Laymedown
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March 30th, 2018 at 10:28:05 AM permalink
Please don't take this the wrong way. I have no intention of competing for a top poster spot here. If I get out of line please feel free to let me know, my mind is not all there sometimes. I still have my goalie mask and my cup on to take some hefty blows.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.
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