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Author Gambling systems?
Melville
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Registered: 4th Jun 03
Location: Newcastle upon Tyne
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12th Jul 06 at 08:41   View User's Profile U2U Member Reply With Quote

Anyone ever tried them? My mate gave me a copy of a roulette one that he accquired from the special shop and basically it says to keep betting double what you lost on the previous bet until it comes out. Only betting on the 1st, 2nd or 3rd sections due to the odds being better @ 2/1.

I have heard the same system from my boss who is a big horse gambler and he always seems to come away with a few quid.
dna23
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Registered: 1st Nov 04
Location: Northamptonshire
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12th Jul 06 at 08:46   View User's Profile U2U Member Reply With Quote

It's just called doubling up quite a well known way of betting tbh only problem is you need a lot of money to see it through and sometimes they have an upper limit so you can end up going bust

Some more info: http://www.cs.sunysb.edu/~skiena/jaialai/excerpts/excerpts.html

[Edited on 12-07-2006 by dna23]
Tommy
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Registered: 24th Aug 00
Location: Essex, Colchester
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12th Jul 06 at 08:59   View User's Profile U2U Member Reply With Quote

Systems dont work.
Edd
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Registered: 8th Nov 04
Location: Glasgow
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12th Jul 06 at 09:00   View User's Profile U2U Member Reply With Quote

drugs dont work
K2 GTi
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Registered: 21st Oct 04
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12th Jul 06 at 09:05   View User's Profile U2U Member Reply With Quote

sometimes my damn computer dont work
Tommy
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Registered: 24th Aug 00
Location: Essex, Colchester
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12th Jul 06 at 09:12   View User's Profile U2U Member Reply With Quote

I wish i didnt work
ed
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Registered: 10th Sep 03
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12th Jul 06 at 09:25   View User's Profile U2U Member Reply With Quote

How can you have a system for a game that is completely random?
dna23
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Registered: 1st Nov 04
Location: Northamptonshire
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12th Jul 06 at 09:41   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ed
How can you have a system for a game that is completely random?


You bet on either red or black... it doesn't work though really
Melville
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Registered: 4th Jun 03
Location: Newcastle upon Tyne
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12th Jul 06 at 11:32   View User's Profile U2U Member Reply With Quote

This one tells you to bet on the thirds as the odds are 2/1 as apposed to evens on black and red.

You wont win everytime as it is random but when you do win you will cover the loss. It only generates a small profit too so you have to be patient.

Tried it out on the ladbrokes site and it does work but you to be prepared to bet a fair bit.
dna23
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Registered: 1st Nov 04
Location: Northamptonshire
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12th Jul 06 at 11:35   View User's Profile U2U Member Reply With Quote

quote:
Doubling up doesn't work for the simple reason that your chances of winning at roulette with a single number bet is 1 in 37 (or 1 in 38 on wheels with a double zero) but the payout is 35 to 1. Betting on red (or black) the odds of winning are 1 in 2.05 (or 1 in 2.11 with the 00) but the house pays 2 to 1 for the win. Those odds look good but in fact they mean that you are on a hiding to nothing, and the longer you gamble and the more money you stake the chances of a 0 or 00 coming up and wiping you out increases. It's the same with every casino game - the odds of winning are just slightly under the payout in terms of your bet, and it is that margin that makes casino owners multi-millionaires and leaves mug punters without a pot to p*ss in.

This all assumes that the wheels are honest and are running properly - that is, they run completely at random. If you've found a way of checking the "random" number generators online casinos use, then please let us in on your secret.


[Edited on 12-07-2006 by dna23]
Paul_J
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Registered: 6th Jun 02
Location: London
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12th Jul 06 at 11:47   View User's Profile U2U Member Reply With Quote

All systems will get you fucked in the end.

This is due to just the way the games are, they're randomly set so the odds will always end up with the house in the money in the long run.

I know the 2 systems being mentioned here, the 50:50 doubling bet for red / black.

Where you essentially bet £1, if you win you bet £1 on same colour, if you lose you double bet until you win, and go back down to £1.

So if you lose, £2, then £4, then £8 till you win and back to £1. This essentially means your balance will slowly rise by £1 each win, but sometimes takes a while to get the win, chasing it by doubling your bet.

Problems: Firstly, it's slow to make a lot of money, secondly some tables will have table limits (say £1000) stopping you doing the £1024 bet, which means I think your only covered for about 10 losses in a row or something?

Finally and this is the clincher, since it's Random - Just because you've lost 6 times already, it does NOT make it any more likely you will now win, the chances are just the same you will lose again.

I made a computer program (sad I know) which simulated a roulette wheel and tested systems like this, as well as recording the max number of consecutive losses etc. In the short term, the max losses in a row you get maybe just 5 or 6, so max you have to bet to dig yourself out is, £1,£2,£4,£8,£16,£32 - then back to £1 after winning.

However, there are freak occurances, and in my test you could have consecutive runs of up to like 17 + losses in a row! essentially you would have to be betting millions to cover it!

This is the second problem with the double your bet system, it essentially requires you to RISK large amounts of money, to win very small.

I did this system on a online casino, and was 'skimming' £25 a day quite easily. You have to have enough money in your account in the first place to cover all the bets so to be able to do £1,£2,£4,£8,£16,£32,£64 you must have £128 at least in your account.

This is only covering against about 7 lossses in a row though and each time you hit a win, you are only winning £1, so the money goes up slowly, in a system with no spin animation and quick clicking by myself, I won £25 in about 30 mins roughly, probably playing about 200 spins at least.

HOWEVER! The problem is, if you then get 8 losses in a row you will need £128 to bail yourself out, then 9, £256, etc...

IF you hit that wall (like I did) where you run out of money to bail yourself out - then you LOSE IT ALL!

I also know the one based on the 2/1 odds, the way that one works is something like you bet on one that hasn't come up, and double on the loss or something (I can't really remember) but you essentially have 2 piles of money moving about, 1 that is covering and 1 that is gonna get you some money - I think when you get the win, you bet on the empty square (I can't remember - but tried it) - same shit. High Risk, Low Profit and you will eventually lose money.

The things MAY work short term, depending on your luck, but for the money you will get compared to what your betting it's not worth the time.

IF there was a true system people would be doing it - there are some good spread betting techniques but once again require lots of money.
ed
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Registered: 10th Sep 03
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12th Jul 06 at 11:52   View User's Profile U2U Member Reply With Quote

Spoken like a true adict

 
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