warpzones
warpzones
Joined: Feb 4, 2014
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November 15th, 2014 at 4:08:10 AM permalink
Hello Everyone,

I noticed the other night while reading into wizard of odds site that there is an answer responding to someone where the wizard says:

" This I would call a strategy, as opposed to a system. There are lots of profitable strategies for beating the casinos, but zero profitable betting systems."

So this has me wondering- What are the "..profitable STRATEGIES for beating the casinos..." as opposed to systems....????????

I would like to hear from you all about what works... I am especially interested in a winning strategy for roulette but I am all open to ideas about any and all ways to beat any type of casino game- Please share!
1BB
1BB
Joined: Oct 10, 2011
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November 15th, 2014 at 4:14:17 AM permalink
Card counting blackjack works.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
warpzones
warpzones
Joined: Feb 4, 2014
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November 15th, 2014 at 4:22:09 AM permalink
Hey

Cheers for the reply

I've heard many mixed thing about blackjack

People say you cannot make it work these days because they use multiple decks of cards..... ?
1BB
1BB
Joined: Oct 10, 2011
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November 15th, 2014 at 4:50:56 AM permalink
Quote: warpzones

Hey

Cheers for the reply

I've heard many mixed thing about blackjack

People say you cannot make it work these days because they use multiple decks of cards..... ?



Not true. Check out the Blackjack Forum on this site. It's under gambling.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
Deucekies
Deucekies
Joined: Jan 20, 2014
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November 15th, 2014 at 5:05:25 AM permalink
Winning strategies for Roulette could include putting forth the effort to find a biased wheel, or playing bets only coupled with promotional coupons.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Dieter
Dieter
Joined: Jul 23, 2014
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November 15th, 2014 at 5:42:04 AM permalink
Machine play where machine return + bonus > 100%.
May the cards fall in your favor.
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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November 15th, 2014 at 6:03:48 AM permalink
Quote: warpzones

I am especially interested in a winning strategy for roulette



Forget roulette.

From your other thread I can see you would benefit first by understanding the fallacies gamblers fall under.

I'd suggest reading all of these items,

https://www.google.com/search?q=fallacy%20site:wizardofodds.com&gws_rd=ssl

also,

http://en.wikipedia.org/wiki/Gambler%27s_fallacy

http://en.wikipedia.org/wiki/Gambler%27s_conceit

http://en.wikipedia.org/wiki/Inverse_gambler%27s_fallacy

http://en.wikipedia.org/wiki/Hot-hand_fallacy

http://en.wikipedia.org/wiki/Martingale_%28betting_system%29

in other words, get the nonsense out of your head or you are just heading for disaster
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
warpzones
warpzones
Joined: Feb 4, 2014
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November 15th, 2014 at 6:14:54 AM permalink
Is not the "Gamblers Fallacy" simply a theory also?

I have found many instances of papers being written on the law-of-averages etc..

The wheel might NOT have a memory BUT we do!

You only have to look into other areas of research such as the PEAR paper on RNG and also Schrodingers Cat etc etc to see that the observer effects the outcome of events.

If the gamblers fallacy is a reality, (Questionable) -how then does one win with a strategy as the Wizard suggests?
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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November 15th, 2014 at 6:27:37 AM permalink
>how then does one win with a strategy?

I'm taking you seriously. Be advised though many responding will assume you are a troll, just stirring up folks. The evidence is mounting so I may get snippy too. You can't ask for advice, then brush it off as 'just a theory' and ignore it, and not irritate people.

To win consistently [not just get lucky] a player needs to find a situation where he will have the edge instead of the house. Check the other posts above to see what these are, then dig deeper.

Strategy will also revolve around the Kelly Criterion, making bets the right size to maximize your return with the best hedge against ruin.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
warpzones
warpzones
Joined: Feb 4, 2014
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November 15th, 2014 at 6:41:03 AM permalink
I thankyou for taking me seriously because I would love to get to the bottom of this and discover all about the strategies that actually work

(player) "..Has an edge instead of the house." -Can you give me any hints on what casino games this could be achieved?

I am familiar with the Kelly Criterion and I will start to look around here for what you are saying.......

Thankyou for your help!
P.S> Any hints on that situation would be helpful !

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