$30,000 Betting System Challenge

[Herb]

$30,000 Betting System Challenge from nolinks://vegasclick.com/gambling/betting-system-challenge.html

I am so confident that betting systems don't work I'm putting my money where my mouth is. I will wager $30,000 against your $3,000 that your betting system can't beat the house. (Or I'll wager my $10,000 against your $1,000, if you prefer.)

Years ago the Wizard of Odds used to offer a similar challenge, but after many years he had only one legitimate taker. (The challenger lost, of course.) Everyone else who wrote to him was simply trying to waste his time by trying to get him to test their system for free or at a discount, despite his explicitly saying that he wouldn't entertain any such offers. After years of getting all these illegitimate inquiries and only one legitimate taker he stopped offering the challenge. So now I'm picking up where he left off and offering a similar challenge myself, though as predicted, every single inquiry I've received to date is from someone wasting my time by suggesting something outside the terms of the challenge.

I realize that we all want to believe that there's a way to beat the casinos, because knowing a guaranteed way to win would be a lot of fun. But no such way exists, and wanting something else to be true doesn't make it so. Yes, there are people selling their "winning systems" all over the Internet, but if they had truly figured out a way to win at gambling, why on earth would they be trying to sell it to you for $29.95? Why wouldn't they be traveling the world in the most extreme luxury possible, rather than running a dinky little website selling a gambling system for $29.95 a pop? Would that really be the best use of their time?

And if their system really worked, why haven't they accepted my challenge? Why aren't they falling all over themselves to make an easy $30,000 from me by proving their system works? It's simple: Because it doesn't work.

Anyway, here are the terms of my challenge.

Bluejay's $30,000 challenge
I will wager my $30,000 against your $3,000 (or my $10,000 against your $1,000, if you prefer) that your betting system cannot beat a game of roulette (single- or double-zero), baccarat, or craps as the player using standard U.S. rules over one billion computer-simulated rounds, as per the additional terms below. You win the challenge if your system shows a profit at the end of the simulation, I win if it does not.


Bet spread. The largest bet in your system can be no more than 500 times the smallest bet. (e.g., $1 to $500, or $5 to $2,500, etc.) A bet need not be placed on every round, but one billion rounds must be wagered on in total for the test to be complete. No more than 100 rounds may pass without a bet being made.


Your system must be one that could actually be used in a Vegas casino, since the point of your challenge should be to prove that you can win in a casino environment. So, for example, methods that attempt to exploit the computer's random number generator are specifically disallowed. Any system that wins by screwing with the RNG cannot win in a real casino. Similarly, any system that cannot be actually be employed by an average person with nothing more than a pen and paper is disallowed.


You must explain the rules of the system clearly and unambiguously. At the start of any given round, it should be dead obvious how the player is supposed to wager.


Your $3000 (or $1000) must be deposited in escrow up front with an attorney who is a neutral third party. I will deposit my $30,000 (or $10,000) in escrow with my own attorney after I receive confirmation of your own deposit. After I make my deposit, you may not withdraw from the challenge. The only way for you to reclaim your deposited money is to win the challenge, otherwise you forfeit. (Please do not deposit any money until you hear back from me that I agree your offer is legitimate and we execute a contract.)


I will program a computer simulation and provide you with the source code so you can have your own expert(s) verify its accuracy. If you believe my code to be in error and I disagree, you may submit the case to binding arbitration through the American Arbitration Association, at your expense, where you can have your expert(s) challenge my code (and I can have my expert(s) defend it), with the arbiter deciding the issue.


Since the first would-be challenger who wrote to me was concerned that I would use his winning system in the casinos myself to capitalize on it, I promise as part of our contract to do no such thing.


In addition to the $30,000 (or $10,000), a winning challenger will also receive, on the front page of VegasClick.com, a prominent ad on the front of VegasClick.com for the system along with my endorsement (if the system is for sale), or my personal note that the challenger won the challenge (if the system isn't for sale), for a period of at least one year from the date of the test.


I reserve the right to publish the results of the challenge, but will not disclose the challenger's name, contact information, or the specific rules of the system without the challenger's permission. I will however be allowed to describe the system in general terms. (e.g., "This is a standard positive-progression system," "This system is based on betting on red after a certain pattern of red/black hits has been established," etc.) If the system is for sale to the public I will be allowed to identify the system name and link to its website, if any.
I do not test betting systems outside of this challenge, period. If you want me to test your betting system, your only option is to put up $1,000 or $3,000 and submit to the challenge, period. Thank you for understanding.

Those who are confident and who agree to the terms above are invited to accept this challenge.  The above information is cut and pasted from the following website. For more info, click on the website.
nolinks://vegasclick.com/gambling/betting-system-challenge.html

Herb

[berlinerbruce]

Hi herb,

have you herd of martingraal



150 years ago, this challenge that you give

would probably cost you a few bob mate

[Herb]

The guy wasn't scammed. He was mathematically challenged. haha

[mistarlupo]

beocino,
There were terms and conditions for this challenge which he had accepted.
In other words, you are talking rubbish.

[mistarlupo]

beocino,
What are these "breaks" that you mentioned, mate? Could you explain?
You seem to be more familiar with this case... give us some more details, please.

And why don't you believe the computer simulation? Don't you believe math?
Because I do believe math and I think it represents exactly the reality.
I would be grateful if you prove the opposite in some way. Thank you in advance!

Regards,
m

[mistarlupo]

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