VLS Roulette Forum

Main => Main Roulette System Board => Topic started by: Spike! on May 08, 2010, 05:40:59 PM

Title: Why People Lose in The Casino
Post by: Spike! on May 08, 2010, 05:40:59 PM
We all know its very hard for most people to quit playing when they're behind or when they're ahead. Why is this? Greed takes over and they're sunk. Greed is an emotion, and what most people don't know is the part of your brain that deals with emotion is twice as large as the part that deals with logic. So when the tiny voice of logic is screaming 'Quit Quit Quit!' the huge greedy emotional part is saying 'Play Play Play'. Its really that simple, folks.

At one time we needed our emotions to be huge. We needed to flee dangerous situations, fight when we had to, get angry when needed. In modern times, none of those emotions are necessary most of the time. The good news is, we can learn to control our emotions. The bad news is, most people never bother.
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 08, 2010, 06:36:29 PM
For me, it has little to do with stopping after losing or winning (greed). Me leaving the casino usually has to do with the TIME. Say for example, 6 hours or 9 hours, whatever. My watch determines when I leave.  Ken
Title: Re: Why People Lose in The Casino
Post by: dhoola on May 09, 2010, 11:53:40 PM
what about people winning in casino? The same greed makes them winners...

Don't take it in a wrong sense.... I'm just making a point...  :dance1:

Quote from: Spike! on May 08, 2010, 05:40:59 PM
We all know its very hard for most people to quit playing when they're behind or when they're ahead. Why is this? Greed takes over and they're sunk. Greed is an emotion, and what most people don't know is the part of your brain that deals with emotion is twice as large as the part that deals with logic. So when the tiny voice of logic is screaming 'Quit Quit Quit!' the huge greedy emotional part is saying 'Play Play Play'. Its really that simple, folks.

At one time we needed our emotions to be huge. We needed to flee dangerous situations, fight when we had to, get angry when needed. In modern times, none of those emotions are necessary most of the time. The good news is, we can learn to control our emotions. The bad news is, most people never bother.
Title: Re: Why People Lose in The Casino
Post by: Noble Savage on May 10, 2010, 12:08:28 AM
Quote from: dhoola on May 09, 2010, 11:53:40 PM
what about people winning in casino? The same greed makes them winners...

Don't take it in a wrong sense.... I'm just making a point...  :dance1:


You have a good point.

The reason why people lose in the casino is:

1) The house has the edge.
2) The house has the higher (virtually unlimited) capital.

The player's bankroll-power is nothing compared to the house's, AND the latter has the edge, so of course people lose. Duh!
Title: Re: Why People Lose in The Casino
Post by: dhoola on May 10, 2010, 02:05:21 AM
Well Said.. Noble Savage... :good:

Quote from: Noble Savage on May 10, 2010, 12:08:28 AM
You have a good point.

The reason why people lose in the casino is:

1) The house has the edge.
2) The house has the higher (virtually unlimited) capital.

The player's bankroll-power is nothing compared to the house's, AND the latter has the edge, so of course people lose. Duh!
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 10, 2010, 02:12:20 AM
2) The house has the higher (virtually unlimited) capital.>>>

People lose for 2 reasons. They don't know what they're doing, and they don't know when to quit, whether they're winning or losing.
Title: Re: Why People Lose in The Casino
Post by: Bayes on May 10, 2010, 03:10:56 AM
QuoteYou're not in he casino enough in your liftime for the house edge to haveany effect on you.

Spike,

If there is only ever the next spin, when, exactly, does the house edge manifest itself? according to you, it's irrelevant. So how big would the house edge have to be before you would take notice of it? 5%?, 10%?, 20%?
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 10, 2010, 03:37:13 AM
If there is only ever the next spin, when, exactly, does the house edge manifest>>>

Over thousands of spins on many tables. I guess I should rephrase that part about the edge. Most peoples betting strategy is so poor, the house edge will never effect them. Is that better?

At the end of the day, what does the casino collect from the drop box? 14% to 17% of the money wagered that day? People love to reinvest their winnings.
Title: Re: Why People Lose in The Casino
Post by: The Spiders Kiss on May 15, 2010, 09:19:29 AM
I think most people would lose even without the house edge...randomness is the real killer IMO...
Title: Re: Why People Lose in The Casino
Post by: Noble Savage on May 15, 2010, 12:54:09 PM
Quote from: The Spiders Kiss on May 15, 2010, 09:19:29 AM
I think most people would lose even without the house edge...randomness is the real killer IMO...

Yes, that's a fact.

When there's no house edge, it becomes solely a question of who has the highest capital (to survive the volatile random deviations). The player would lose, a bit slower than with the house edge.

Really, the only way to make money in the long run is:

1) Have the advantage.
2) Use a (preferably proportional) staking plan that ensures a 0% risk of ruin.

There is no other known way to produce long term income without these two factors.
Title: Re: Why People Lose in The Casino
Post by: Noble Savage on May 15, 2010, 01:09:20 PM
Quote from: fender1000 on May 15, 2010, 01:05:01 PM
Uh, I am afraid there is its called THE ZONE. Its been taming the wheel for 11 years now. And will always tame the wheel as long as its applied properly.

Charles you're boring, go back to your sorry-ass website.
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 01:39:18 PM
A little free advice. Stop begging posters to get interested in The Zone. I stopped that BS years ago. You post (or posted) your method....answer some questions and you are DONE. If people are not interested, so what? Ken
Title: Re: Why People Lose in The Casino
Post by: Bayes on May 15, 2010, 01:41:57 PM
Fender,

You sure are a great salesman, but I just wonder what it is that you're actually selling...  :-\
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 01:43:50 PM
Wait.....(I have read very little about this Zone).....Has he posted ALL rules, how to play it etc.?  Ken
Title: Re: Why People Lose in The Casino
Post by: Bayes on May 15, 2010, 01:49:25 PM
ken,

There are lots of variations, but the latest whizz-bang casino crusher is in the "THE BALANCE OF 5" thread - reply #101 posted by Atlantis. Fender is already having orgasms over it, on the strength of a few sessions.  :lol:
Title: Re: Why People Lose in The Casino
Post by: Herb6 on May 15, 2010, 02:26:46 PM
QuoteSomeone naively wrote, "You're not in he casino enough in your liftime for the house edge to haveany effect on you."



This simply is not true.  If you truly believe this, then try betting on all 38 numbers for one spin.

Those two chips that you lose above represent the house edge.  :)
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 02:31:57 PM
Very true Herb6
Title: Re: Why People Lose in The Casino
Post by: dhoola on May 15, 2010, 06:47:01 PM
Very well explained Herb6....

Quote from: Herb6 on May 15, 2010, 02:26:46 PM


This simply is not true.  If you truly believe this, then try betting on all 38 numbers for one spin.

Those two chips that you lose above represent the house edge.  :)
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 07:34:53 PM
I thought you were getting some air?  Ken
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 07:37:59 PM
Does the butter queens daughter know about The Zone? Ken
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 07:47:46 PM
Cool, good luck. Ken
Title: Re: Why People Lose in The Casino
Post by: Nathan Detroit on May 15, 2010, 07:52:30 PM
Ken,

Cool reply !!!  :ok:

N.D.
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 15, 2010, 08:06:51 PM
I actually DO wish the guy the best of luck but for Gods sake, if posters are not interested, he should let it be.  Ken
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 15, 2010, 08:10:51 PM
 if posters are not interested, he should let it be.>>>

Ever notice the less faith somebody has in their own system, the more anxious they are for others to play it too? If you have a good winning method of play, you don't care if anybody else plays it or not. In fact, you hope they don't.
Title: Re: Why People Lose in The Casino
Post by: MATTJONO on May 15, 2010, 08:13:34 PM
Quote from: Spike! on May 08, 2010, 05:40:59 PM
The good news is, we can learn to control our emotions. The bad news is, most people never bother.

p.m spike this is my biggest challenge, me and roulette will be married forever BUT its just the greed part that seems to be with me all the time.

even if you gave me a sure wiining bet. Yes even i wouldnt have faith in myslef winning with it as the losing part of my brain (the emotion) aways wins, wel mostly wins.

mattjono
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 15, 2010, 08:25:21 PM
as the losing part of my brain (the emotion) aways wins>>

Always? If you can't control it, you really shouldn't gamble. Somebody who's afraid of heights shouldn't be a window washer on skyscrapers. Controlling your emotions is a huge part of winning, why play if you're just going to give it all back.
Title: Re: Why People Lose in The Casino
Post by: MATTJONO on May 15, 2010, 08:36:41 PM
not always no, at times I can deposit £5 ...0.10p units and could get that too over £30 and withdraw leaving £5 to carry on playing.
other times ill lose the first £5 in around a hour of playing balance up and down. then as soon as I have lost it ill deposit another £5 and another and another doing more stupid, stupid bets the more I play. like this weekend I lost £30 out of my wages (doesn't seem much but I only get £70 a week lol)

anyway ill try putting a limit to what I can deposit see if that helps.

Quote from: Spike! on May 15, 2010, 08:25:21 PM
you really shouldn't gamble. Somebody who's afraid of heights shouldn't be a window washer on skyscrapers. Controlling your emotions is a huge part of winning, why play if you're just going to give it all back.


I AGREE  :thumbsup:... but will still carry on with my battle.
as you would of guessed  :sarcastic:

mattjono
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 15, 2010, 08:40:24 PM
Practice getting up and leaving the casino or getting up from the computer and going outside. Tell yourself its stupid to chase losses. Most pro gamblers, when asked to give advice, will always say 'Don't chase your losses'.
Title: Re: Why People Lose in The Casino
Post by: MATTJONO on May 15, 2010, 08:46:25 PM
i know, i lack disipline and confidence, (ill say i need to start having just one sugar in my tea instead of two) but 5 mins later ill be making a tea two sugars.

off to bed now... :-X  lol

mattjono
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 16, 2010, 05:36:06 AM
but 5 mins later ill be making a tea two sugars.>>

Hey bud, its your momey. WTF do I care what you do with it..
Title: Re: Why People Lose in The Casino
Post by: Noble Savage on May 18, 2010, 08:18:02 PM
Quote from: roolette on May 18, 2010, 07:55:17 PM
the house edge is nothing

It might seem insignificant to you (since you seem to have no real grasp of the maths of the game) but it's not. The house wins 2.7% of every bet you place.

Behold the power of compound interest!
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 18, 2010, 08:30:00 PM
If your strategy has an unbreatable strike rate. The house edge may as well not be there.>>>

And if you could fly like Superman, you wouldn't need a car. Whats your point?
Title: Re: Why People Lose in The Casino
Post by: Mr J on May 18, 2010, 08:30:13 PM
"If your strategy has an unbreatable strike rate. The house edge may as well not be there" >>> And what sort of betting method do I use for that. Help, I'm lost!  Ken
Title: Re: Why People Lose in The Casino
Post by: Noble Savage on May 18, 2010, 08:48:10 PM
Quote from: fender1000 on May 18, 2010, 08:22:23 PM
INCORRECT, Only if you bet the mugs bets on the layout. If your strategy has an unbreatable strike rate. The house edge may as well not be there.

Charles, whatever happened to the VLS bashing and how people shouldn't post in roulette forums? You spent nearly 2 years ranting your arse off about it in that big joke of a website of yours; yet here you are, a relatively new member nearing 1000 posts, each containing at least an allusion to your infallible holy grail ZONE system (another joke), your awesome strike-rate, roulette expertise, and the fact that you're making money.

It seems you've gotten bored with that website and realized that you get more attention posting here. Good for you.

What's truly funny is how someone like you wants to teach me and others like Herb and NumberSix about how this game works. ;D

Keep your ludicrous opinions to yourself old fella. Go brag to the newbies and followers of the "absurd". :sarcastic: There is many of them around.
Title: Re: Why People Lose in The Casino
Post by: Spike! on May 18, 2010, 09:03:43 PM
And what sort of betting method do I use for that. >>>

Let me guess: The Zone?  :lol: :shout: :yahoo: