VLS Roulette Forum

I see so much systems based on progressions. My opinion is that negative progressions (raise bets after a loss) never work. They will kill you sooner or later when on a (few) losing streak. If you wanna play a progression than play a positive progression (e.g. bet 10 on a ec. win, add winnings, bet 20, win, bet 40). It's always better to play progressions with the houses money.

The best kind of progression, is a progression with 2 variables. One long term variable and a short term variable. The short term is a possitive progression and the long term is a negative progression.

In other words, the value of the base unit is determined by the negative progression, and with this base unit you use a possitive progression.

"raise bets after a loss" >>> Dont get that confused with.....Its a negative progression but not a raise after EVERY loss.  Ken

I can walk up and put $1000 on red, or I can bust the $1000 up into a string of ever increasing value bets on a few numbers.

There is no difference, both ways lose $1000.

I happen to prefer the second scenario.

But a positive progression using the casino's money is desirable.

My favorite "progression" is the Kelly Criterion.

I like half-Kelly bets.

"using the casino's money" >>> That means what?  Ken

Quote from: JHM on May 20, 2010, 11:21:44 AM
I see so much systems based on progressions. My opinion is that negative progressions (raise bets after a loss) never work. They will kill you sooner or later when on a (few) losing streak. If you wanna play a progression than play a positive progression (e.g. bet 10 on a ec. win, add winnings, bet 20, win, bet 40). It's always better to play progressions with the houses money.

If your bet selection is good enough to win with a positive progression, it'll win with a negative progression also.  Neither one works without a better than normal bet selection.

QuoteI can walk up and put $1000 on red

Mathematically, it's the best way to go.  Remember Ashley Revell?

Man Gambles Life Savings on One Spin (nolinks://nolinks.youtube.com/watch?v=jt6L3_z5X98#)

But why did he go to LV instead of staying in the UK and getting far better odds? Then again, I suppose that's a minor detail, all things considered.  :D

@Bombus >> I was only asking for one reason, definitions. A few months back, I had another one of my 'disruptive' threads regarding...."what does it mean to use the casinos money"? It was a fun topic. Lets say you walk into the casino with $500. An hour later you are UP $300 ($800). Are you NOW playing with the casinos money? Always interesting.  Ken

If you are up  by   $ 300.00 or $1  it is     YOUR MONEY. Common sense  should tell this  to anyone.

If I win a jackpot  of $ 4, 000.00   (Royal Flush VP 9/6_) on a $ 5  max  bet. It`s  my money  and I am  responsible  for the  taxes  .

However if I am stupid enough of losimg this money  back I am stll liable  for the tax.   Stu Pidd will never  get it. :diablo:

Nathan Detroit

I understand your point Nate. So, there is NO real thing as playing with the 'casinos money'?  Ken

NO REAL THING  playing with the casino`s money.  NO such reality exists or to be found anywhere.. :diablo:    .

HOWEVER : IF one  must go on then DIVIDE the Win in the example  of $ 300 into a GUARANTEED WIN ( 50%) never to see daylight again and  continue   to play with the EXCESS ( 50 %) until the FIRST LOSS. :ok:

Nathan Detroit.
HAPPY WINNINGS!!!

He said : Casino money is when referring negative progression using the money is " yours".   In you'd narrow sense, the term " casino's money" in my oponion is valid.   

In my opinion, it's the casino's money until you cash out... then it's your money.  But let me qualify what I mean.

I walk into a casino with $10 and start playing on Reds with a positive progression.  Lady Luck is with me and I happen upon a streak of 7 Reds right away.  I've turned my measly $10 into $100.

I play this way for another hour, and now I find myself up to $300.

After  20 more minutes I get bored and decide to put $290 on my favorite number.  I figure I came in with $10, and now I am up by 30 times that amount.

But it's still not my money until I cash in... This is why Casino's encourage people to keep playing - so they have a chance to win back "their" money.

So I put $290 on number 7.  At this point, I am risking nothing.  I came with $10, and I'll leave with that same $10.

So number 7 comes up, and my $290 bet returns me $10, 440.

Whoever is risking the most money by playing is the one to whom it belongs.  If I risk $10, and the Casino risks $10,000, then I am most certainly playing with their money - if I choose to keep playing. 

If I decide instead to cash in, and then come back the next day with that same $10,000, now you can be sure I'm playing with my money if I bet it all on number 7 again.