I see from previous threads that some you are casino players.
Perhaps you can can cast your eye over this mailshot I received and
give me your honest opinion. It's a legal way of beating the betting
shop roulette machines.
It may be one of those systems were you bet on an even bet (red/black or odd/even, in roulette terms) and every time you loose double the amount of money you put on it from the previous go. £0.50p on red then if you loose £1 then £2, £4 etc etc. The idea being that you'll win one more unit (eventually) than you loose, due to the fact that the odds are 1/1, or 50/50, if that makes more sense.
Another example would be a coin toss. The odds of it being heads are evens (50% heads over 50% tails). So if you tossed a coin 100 times 50 times would be heads and 50 times would be tails. Right? In theory, yes, but in practise no, as the event is random.
The only time anything like that would work out exactly 50% reds and 50% blacks (going back to roulette terms) is if you could bet an infinite number of times and that is the only time you'd be able to guarantee that you’d come out with more money than when you started. This is also the idea behind some of those casino scalping systems.
Probably saved you £150 there If I haven't confused you completely,
The thing people have to realize is that there is no real system. You can't beat the odds per se. There are times where you are in a better position to bet more or less but the odds never change. For instance you have a better chance making money betting on red/black vs just a number so if you bet $20 on each odds dictate that you are likely to earn more on the 50% bet.
Random chance will always be at play with gambling and I think the best system is knowing how much to bet and when to walk away. Some people treat gambling like a business and take the safest bets all the time and I am willing to guess they walk away with the most money in the long run.
Linear Mode
March 2010
