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809867 No.809867 [Reply] [Original]

go to the casino with a bunch of money and played blackjack. Bet 100 dollars. If you lose, always bet 100 more than you're debted. Play until you win, always leave with 100.

>> No.809876

Are the chances of winning at blackjack higher than just betting red or black on roulette?

>> No.809884

100 loss
200 loss
400 loss
800 loss
1600 loss

That's $3100 gone in a 5 hand losing streak. Good luck with the max bet which is usually $1000.

>> No.809915

What if you run out of money?

>> No.809918

>>809876
Yes, if you count cards.

>> No.809922

>>809867
red and black on roulette is better

after 3 consecutive losses I cut return to a value of 1 bet instead of doubling it to save $ and keep playing longer

method works great on the digital roulette machines in vegas. they even use the european wheel so you only have one 0 to deal with

>> No.809923

>>809867

>repeatedly do things with a negative expected value

Sounds like a plan

>> No.809959

>>809884
If the max bet is so low, then start with $10 instead. Obviously you have to be able to eat about 10 consecutive losses without going over the max.

And honestly if you lose 10 times in a row, why do you even live if you have such shit luck. Who ever lost 10 times in a row, EVER?

>> No.809974

>>809867
>I am advocating a system which I don't even know the name of
https://en.m.wikipedia.org/wiki/Martingale_(betting_system)

Thinking is hard.

>> No.809978

>>809959
>10 losses in a row at $10
>-$20470

oh man

>> No.809980

>>809918
Oh no, here we go. Anons watched another gambling movie

>> No.809981

>>809978
Yeah now tell me who ever got 10 losses in a row, if you have such luck, why do you even exist?

>> No.809988

>>809959
>Who ever lost 10 times in a row, EVER?
please demo forex before going live. pls

>> No.809990

>>809981
It's guys like you that end up anhero over gambling debt

>> No.809994

>>809922
>digital roulette machines

What about online casinos like William Hill?
Aren't those usually rigged?

>> No.809998

>>809988
>>809990
Well, tell me, who? Was it you?

>> No.809999

>>809998
I have lost 7 times in a row and seen several people lose 10+. You are retarded.

>> No.810002

>>809867
Table limits or a bad luck streak are always going to fuck you on this strategy. Google Martingale system and you'll find some studies of why it doesn't work.

>> No.810015

>>809974
He came up with it on his own. Knowing how to namedrop theories other people came up with < thinking

>> No.810043

>>809980
No. You can pull your odds up to about 51% if you count cards.

>> No.810176

>>809923
we call that "negative gamma"

>> No.810205

>>809998
I've gone on winning streaks of 10+ and have gone on losing streaks of 10+

That's how odds work. Do you think 50/50 means
>oh, I got heads last time now it's GUARANTEED that I'll get tails this time

>> No.810237

>>810015
>Thinks that being uneducated is smart

Tellmemore.jpg

>> No.810581

>>810237
>tellmemore.jpg
They have plenty to tell you over at Reddit.

>overvalues education
minority female detected

>> No.810584

Yeah I had this idea with roulette, of just doubling your bet until you win.

It works in theory, but the actual practice is insane. It is absolutely ludicrous to potentially bet something like 10,000 dollars to make back your original 100 or so dollars. Not worth it.

>> No.811670

>>809981
ever heard of mutual exclusivity? jesus anon shut the fuck up

>> No.812336
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812336

>>809959
>>809981
>And honestly if you lose 10 times in a row, why do you even live if you have such shit luck. Who ever lost 10 times in a row, EVER?
>Yeah now tell me who ever got 10 losses in a row, if you have such luck, why do you even exist?

Do you even understand basic statistics? I am just going to leave this for you to read: https://en.wikipedia.org/wiki/Gambler's_fallacy

I have nothing more to add, Please reconsider this: >>809990

>> No.812355

This only works if you have over 900000000000000000000000000000000000000000000 billion trillion monies in which case betting is not necessary.

>> No.812359

>>809959
There are both table minimums and maximums you idiot.
These are in place to specifically counter your genius strategy that you think noone has ever thought of before.

>> No.812364

>>809959
>>809959
Dude I have done this before. I have seen a streak of a full screen of BLACK or EVENS in a row. I put my bet on RED or ODDS to see that yes, It has for the 20th time in a row landed on BLACK or EVENS.


Please don't do this method because it happens.

>> No.812392

>>812336
ayooo lmao

https://en.wikipedia.org/wiki/Law_of_large_numbers

>> No.812403

>>809867
more proof why business is just full of degenerate gamblers, more proof why the artisan, crafters, farmers, producers, inventors are superior, and more proof why we are doomed to have economic crashes. i don't come to this board very often but when I do I spill wisdom upon you.

>> No.812406

>>809867
LOL there's another almost exact thread here! He even has a video https://www.youtube.com/watch?v=jQ8uWL_ktFA
Are you the same person?

>> No.812411

>>812392
But you're not playing all roulette spins ever. You're just playing yours, and it's expected that you stop when you win, and let others eat up the losing spins instead.

>> No.812414

>>810015
Except if he knew the martingale he would know about black swans and calculating expected time to death

>> No.812440

>>809867
This tactic is called "gambler's ruin". I'll leave it to you to figure out why.

>> No.812441

>>812355
>>810584

>It works in theory

NO IT DOES NOT YOU STUPID FUCKING RETARD.

Martingale DOES NOT WORK. It has a NEGATIVE EXPECTED VALUE, just like any other roulette or blackjack "system".

The fact that you can not grasp such simple concepts, shows that you a truly stupid. I'm not just calling you that. You really have a low IQ, else you wouldn't fall for such shit.

Leave this board and become an uneducated wageslave. It's your destiny.

>> No.812443

>>812441
>>NO IT DOES NOT YOU STUPID FUCKING RETARD.
>
>Martingale DOES NOT WORK.
Tell me the highest streak of odds or evens in recorded history. Is it infinite? No? Then it does work, you're just too poor to employ it :)

>> No.812446

>>809994
I don't gamble online, but I always wondered, is skewing the probabilities legal? Like for Roulette, you assume every number has a one-in-37 probability of coming up, is the online casino allowed to nudge the probabilities up/down? And if so, are they required to disclose this?

>> No.812451

>>812443

You seem to think that a negative expected value turns positive when repeated often enough.

You are literally insane.

>> No.812453

>>812446

Having different odds from what you disclose is absolutely illegal. Big online casino's have their systems checked by independent companies to ensure their random number generators are in order.

All claims of big name online casino's being rigged are bullshit. First of all they don't need to earn money, house always wins. Besides that, losing your gambling license = losing your entire business.

>> No.812462

>>812451
And you seem to think it's possible to get a hundred evens in a row. Pretty sure empirical data only supports one of our "insanities".

>> No.812504

>>812443
It's super common to see streaks of 7+ in casinos.

That's 7+ of any combination, 7+ red, 7+ black, 7+ alternating.

With a $100 starting, your looking at bets over $10,000 toward the end, and very few casinos will let play on higher limit tables, especially since it's so obvious what you're doing.

>> No.812506

as for blackjack and counting cards. most casinos i have visisted used CSM's, so counting cards was not possible.

>> No.812508

>>812506

>CSM's

what?

>> No.812513

>>812411
ayooo did you even read the article brah

what you just said basically proves the law, not contradicts it

>> No.812515

>>810043
I thought casinos shifted decks to avoid counting

>> No.812516

>>812508
continuous shuffling machines

>> No.812520

>>812508

Used virtually everywhere here in Australia.

Using 6ish decks, you only get about 2 or 3 hands before the entire thing gets shuffled again.

>> No.812608

>>810176
Where can I learn about the greeks and options trading in an easier way? I'm doing forex/index or whatever stuff, because it's straightforward, but I'd like to learn options trading. Do you know of a good youtube channel, for example?

>> No.812611

>>812462
It's entirely possible. It's just very unlikely.

>>812516
>>812520
How much bullshit can they pull? Surely, if you're smart enough to count cards, they could let you play for a bit and then tell you to spend the rest of the night by the bar or something. With shit like that, the might as well just roll a die and tell you wether you won or not. I mean - they don't even try to give you the illusion that you have any chance of winning by anything other than chance, so the entire thing might as well just be a coin/die toss. The cards are completely pointless.

>> No.812612
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812612

>>812392
>>812513
Lel are you seriously this big of a retard? These games are rigged so that you lose 90% (maybe even 99%, who knows) of the time, meaning that if you accidentally happen to win 2 or 3 rounds by some miracle you should quit because in the long run you are gonna lose (you are going to be approaching that 90% loss ratio). What is it that you are failing to understand? Do you seriously think that casino owners are stupid? It's all calculated beforehand, it's simple math. lol @ you thinking that you can find a flaw in the system with your flawed understanding of mathematics.

>> No.812614

>>812520
I was just at melbourne crown an hour ago playing blackjack and not all of them have CSMs such as the $100 min bets which use 8 decks

>> No.812617

>>812612
>These games are rigged
I don't think you understand what rigged means. But yea the house always has the odds in their favour or else it wouldn't be profitable

>> No.812626

>>812617
>But yea the house always has the odds in their favour
That's what you call rirgged.

>> No.812630

>>812617
>I don't think you understand what rigged means.
Something being "rigged" is when it's set up so that it benefits one part more than the other.
>But yea the house always has the odds in their favour or else it wouldn't be profitable
That's not gambling, then. How is that not considered a scam? They're stealing your money by rigging the game in their favour.

>> No.812635

>>812630
>That's not gambling, then
It is, it's just that you have a higher chance of losing and a smaller chance of making money.
>How is that not considered a scam?
Because you consent to being fucked this way.

>> No.812643

>>812630
>>812626

You are stupid.

'Rigged' means the actual odds in a game are different from the odds that are presented to the player(s).

The odds being in favour of the house, that's just the rules of that particular game.

>> No.812647

>>812643
>'Rigged' means the actual odds in a game are different from the odds that are presented to the player(s)


No, it can mean both. http://www.merriam-webster.com/dictionary/rigged


Definition of RIG

transitive verb
1
: to manipulate or control usually by deceptive or dishonest means <rig an election>
2
: to fix in advance for a desired result <rig the contest>

>> No.812734

>>812647
neither of those definitions fit with how the house has an advantage in blackjack you dumb fuck

>> No.812748

>>812355
This is the correct answer.

For anyone who doesn't have over a million, it's not worth doing the martingale betting. If you've got over a million(maybe that is quite easy to lose) then you've probably got better ways to make money.

>> No.812751

>>812411
>You're just playing yours, and it's expected that you stop when you win, and let others eat up the losing spins instead.

Yeah if you only win when gambling you can never lose money and it's the best way to make money imaginable.

You should bet on 1000000/1 odds but only do it when you're guaranateed to win

>> No.812991

What if you bet on something that has a proven track record of never having more than 4-5 streaks in a row, such as sports betting where you can check and analyze the history of a specific team?

>> No.813019

>>809876
they're very different in roullette you have 1-36 red or black and a green 0
so 18/37 black, 18/37 red, 1/37 green.
note that betting on red or black doesn't give you a 50% chance (48.6% chance) so the more times the play the closer the events will approach 48.6% (in an ideal world). Playing the same color several times will yield a loss.

In blackjack your chances of getting a higher hand are 91% according to the bell curve.

With no idea what you're doing roullete will be more favorable
If you count you can safely use Blackjack as a means to make money
But I wouldn't do that either.
The house never loses and if they start losing they'll kick you

>> No.813047

>>809915
Just buy more

>> No.813085

>>809922
>after 3 consecutive losses I cut return to a value of 1 bet

I dont follow....... After 3 losses you return to your original wager?
>doesnt make sense

Oh wait, do you mean that after 3 losses you will try to break even?

Pplz reply Im interested in this stuff

>> No.813114

>>810205
if only it were 50/50...

>> No.813345

>>812991
It's possible but the problem with sports betting is the time between games.

How many games is any one team going to play in a fucking year?

Your gains per year are going to be terrible.

>> No.813528

>>809981

monte carlo casino, 1913.

in roulette, the ball landed on black 26 times consecutively.

>> No.813721

>>813345
What about baseball? They play one game per day. Has anyone tried to see the scores and see what's the, for example, probability of the best ranked team winning and the worst ranked team losing at the same time? I think the payout for that would be more than 2:1.

>> No.814799

>>809998
https://en.wikipedia.org/wiki/Gambler%27s_fallacy

>> No.814813
File: 724 B, 246x184, 1427680815160.png [View same] [iqdb] [saucenao] [google]
814813

>OP makes his retarded shill thread for the 100th time
>Gets BTFO
>OP changes his IP and comes back
>Gets BTFO again
>OP starts doubling down on his retardation
>Still getting BTFO

How embarrassing for you

>> No.815017

>>813721
If you can do it, go ahead and make money bro.

It's possible i just wouldn't know how.

>> No.815103

>>812991
Find a sport where there are usefully short runs like this.

Longest NBA losing streak: 26 games
Longest NFL losing streak: 26 games over two seasons
Longest MLB losing streak: 23 games
Longest NHL losing streak: 17 games
Longest EPL losing streak: 15 games, and the longest win streak is fucking 49.

>> No.815495

>>809981
>Yeah now tell me who ever got 10 losses in a row,

Me attempting to win at the martingale betting system. It happens much more than you would think.

>, if you have such luck, why do you even exist?

Such a silly question doesn't even have an appropriate answer.

>> No.816319
File: 83 KB, 197x186, derper.png [View same] [iqdb] [saucenao] [google]
816319

>>813019
>Playing the same color several times will yield a loss.

>> No.816411

>>815103
Real world odds are not the same as casino gambling odds. Those numbers may be historically true, but they are not informative of anything underlying. You're falling for a pretty well understood cognitive bias.

>> No.816531

I work at a casino. Theres a reason they're still operating. Slot machines are all about timing no luck, no skill just timing. Bet max or you'll fuck yourself. If you want to count cards play single deck black jack with more than 2 people. Lowers the houses odds. If you actually want to win money play poker. People make a living off that shit. Roulette is a numbers game where they tell you the numbers/odds and you need to ignore whats been hitting because it's all random. If slots machines arent within a margin of payout perventage (usually 85-96%) the casino gets audited and heavily fined if not shut down.
tl;dr dont bother. Its for stupid chinks unless you play poker

>> No.816571

>>812612

>not understanding the gambler's fallacy and theory of big numbers presumes fair play

You must be American, right?

>> No.816597

>>809867
I know this trick OP, it worked great until finally this happened.
Bet 100, lose
Bet 200, lose
Bet 400, lose
Bet 800, lose
Bet 1600, lose
Bet 3200, lose
Bet 6400, lose
Then I was out of money.