HOW MANY HERE BET EVERY SPIN

[WARRIOR]

DOES WAINTING FOR AN EVENT TO HAPPEN  HAVE ANY MERIT , HOW MANY HERE BET EVERY SPIN .

[Mr J]

"DOES WAINTING FOR AN EVENT TO HAPPEN" >>> or waiting for it NOT to happen after a LARGE number of spins....then attack? Due? People slam against a number(s) not being due but what about an EVENT?    Ken

[WARRIOR]

Thats interesting ,what about an event  then it stops after a x amount of spins and betting against it .TINO

[xman1970]

Would one or both of you guys pls explain what you would call "an event" ??


Thanking you both in advance......

[rjeaton1]

In my experience coding systems (for myself and others), waiting for an event does not produce any benefit in terms of winning more bets than if you were to bet every spin.

However, I did find that there is one rather large benefit from not betting every spin (and this may seem quite obvious...but it wasn't to me at first):

Significantly less exposure to the house edge...  Every time you place a bet on the roulette layout (even if you win) that bet was subject to the house edge.  Let say for instance you went to the table with $100 and you won $100 (by betting every spin) and the largest drawdown you experienced was $20.  Now you think to yourself, "wow, this isn't so bad, I've got it made".  

Mathematically speaking, you will always lose at a rate of 2.70% to the house.  So you're eventually going to experience that loss.  The longer you play and the more exposure to the house edge you're giving yourself, the more likely you are to experience that loss in "one lump sum" (meaning you not only lose everything you've won, but you also end up down...close to the rate of 2.70%).

Think of the house edge this way (especially if you've just experienced a great winning streak):  The casinos version of compound interest on the money they "lent you" through you winning.  If you've had a great winning streak, it is likely that the casino is going to ask for their "loan" (your winnings) to be paid back along with all the interest (house edge) all at once (or close to it).

Now, not betting all at once makes it much easier for you to realize that you're giving back the money you've just won (in the form of a losing streak) and for you just walk away before you've given it all back.  If you're not playing every spin, it would be difficult for the house to "take all of their money back" in just a couple of spins (provided you're not betting enourmous amounts).

Here is a quote from Wikipedia about the House's "Hold" on your money (not the House Edge, but the House "Hold"):

A player with a certain total amount of money may not win or lose all their money instantly, such that the total of all bets they make will often be greater than the total of the money they actually started with. The house edge applies to each bet made; not the total money, which means the player can end up losing significantly more than 5.26% of his starting money. For example it is likely that a player with $100 making $10 bets on red will be able to bet more than 10 times, because sometimes he wins. He may end up betting a total of 20 times on red. This means the expected value is 20×$10×5.26% = $10.52, over 10% of his money is now in the 'hold' despite the game having a 5.26% house advantage. A player who continually bets until they run out of money will give the house 100% hold

[rjeaton1]

In the quote above from Wikipedia, it says the Expected Value...  That means the casino can mathematically calculate what you're "worth" to them even if you're winning (scary isn't it?).

Continue to play (especially every spin) and you're very likely to make that calculation true.

[rjeaton1]

Here is a picture that illustrates the only benefit I've found associated with betting less than every spin (lessening exposure to the house edge):

Legend:
Green Line - Betting Every Single Spin on Red (no reason just betting Red every single spin)
Maroon Line - Betting Every Other Spin on Red (Again, no reason, just betting every other spin on Red)
Yellow Line - Betting Every 3rd Spin on Red (Again, no reason, just betting every 3rd spin on Red)

So, at spin 1,000 for the maroon line, it has bet half as many times as the green line has at spin 1,000.  At spin 2,000 for the maroon line it has bet the same amount of times the green line has at spin 1,000.

At spin 3,000 for the yellow line it has bet the same amount of times the maroon line has at spin 2,000 and it has bet the same amount of times the green line has at spin 1,000.

In other words, when each line ends in the picture below, each line has placed the same exact amount of bets as every other line.  Notice how the balances are all almost exactly the same?

Also notice how at spin 1,000 for the two lines that didn't bet every single spin the balance is above that of the line that DID bet every single spin?

You might also notice that if you were to "stretch" each line out to the same length, they would all look very, very similar.

[attach=#]

[Mr Chips]

Most of the systems I design and construct use select spins and therefore will never bet every spin. In the 4Selecta system for example,
'sections' are used, that will identify 'active' numbers, example as follows :
 
Spielbank 5.12.08

  6
  3
28
21
29
21*
16
18
19
33
  0
13
19*
25
21*
23
30
14
36
30*
21*
29*
  3*
35

* repeat numbers
 
The above is 24 select spins from 97 actual spins.

There are other systems that uses different 'sections', which facilitate various advantages over continuous spins.

Richard

[kav]

Generally speaking, the only difference between playing each spin and not playing each spin, is that you waste time in the later. Nothing else.
If your system wins, you'll win faster betting every spin. If it loses you will loose faster.
For example it makes no difference playing a 4-step Marty betting every spin on red, or playing a 4-step Marty betting on red after 5 Blacks have come.

However there are exceptions. The only reason to wait, is to wait for an exceptional deviation from standard distribution to occur and bet on the correction (something like the  Marigny de Grilleau approach).

[Spike]

I always bet every spin. I have no idea what the next outcome will be, so I make my best educated guess. There are no reliable triggers that work with random outcomes, so you're almost compelled to bet every spin. Not doing so just prolongs the game for no apparent reason. If you have a system that makes you wait, my advice is to get another system.

[Mr Chips]

Here is a further example where using select spins is very advantageous :

The Signum system EC Black and Red

[table=,]
select sp,R/B,Symbols,+/-
34,R,,
32,R+1,,
10,B 0,M-1,
0,,,
10,B+1,,
16,R 0,OOO,
0,,,
23,R+1,P+1,
32,R+2,OOO,+1
4,B+1,M-1,
14,R 0,M-2,0
35,B-1,M-3,+1
30,R-2,M-2,0
18,R-1,M-3,-1
36,R 0,M-4,0
19,R+1,M-5,+1
25,R+2,M-6,+2
36,R+3,M-7,+3
28,B+2,M-8,+4
36,R+1,M-9,+5
1,R+2,M-8,+4 units
[/table]

This and the previous example shows that select betting is not a waste of time, but can be very profitable, when used by a system
designed for that purpose.

Richard

[Spike]

select betting is not a waste of time, but can be very profitable>>>

Not as profitable as betting every spin. But thats OK, El Chipo, we'll wait for you to catch up. We understand your handicap...

[Mr Chips]

Well, Spike , I have given examples of profitable select betting, lets see you produce examples of your "educated guessing"
as per usual it will be a big fat zero

[bombus]

I always bet every spin. I have no idea what the next outcome will be, so I make my best educated guess. There are no reliable triggers that work with random outcomes, so you're almost compelled to bet every spin. Not doing so just prolongs the game for no apparent reason. If you have a system that makes you wait, my advice is to get another system.

So are you saying you will walk up to the table and commence betting immediately without even looking at the marque, or even one result?

[bombus]

So are you saying you will walk up to the table and commence betting immediately without even looking at the marque, or even one result?

Question for Spike still hanging... do you have an answer?

[bombus]

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