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Question & Comments to (Offer to anyone who claims they can win in the long run)

Started by Lanky, September 08, 2009, 06:44:10 PM

0 Members and 1 Guest are viewing this topic.

Lanky

Hi People.

@Spike You can post all Your Questions and comments here about the Topic.


Offer to anyone who claims they can win in the long run

Lanky

Spike

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bombus

How about I fly myself to Vegas and bankroll my own game, and split the winnings with myself 50/50... any takers?


Yeah, sure bombus I'll take you up on that, old son.


Cool, see you at Vegas, and from there go to Alaska, but bring a cut lunch will you...

Spike

How about I fly myself to Vegas and bankroll my own game, and split the winnings with myself 50/50...>>

Thats what most people do. They come home in the hole 94% of the time. Thats a fact. Oh well..

bombus

Quote from: Spike on September 08, 2009, 09:23:31 PM
How about I fly myself to Vegas and bankroll my own game, and split the winnings with myself 50/50...>>

Thats what most people do. They come home in the hole 94% of the time. Thats a fact. Oh well..

94%?

Where did you get that figure, Spike?

Can you show me the math to support this outlandish claim?

Spike

Its from the Las Vegas visitors forum. They say 70% of all gamblers are up at one point in their visit, but 94% leave losers. I would think its more like 98% but what do I know. From my years of observing BJ and roulette players, and bac players last year, I see maybe 1 out of 30 leave with a profit.

JonInRI

Quote from: Spike on September 08, 2009, 10:10:21 PM
Its from the Las Vegas visitors forum. They say 70% of all gamblers are up at one point in their visit, but 94% leave losers. I would think its more like 98% but what do I know. From my years of observing BJ and roulette players, and bac players last year, I see maybe 1 out of 30 leave with a profit.
Well, that is the bloody point isn't it Spike.  In the "long run" any basic betting scheme (meaning not trying to figure out a dealer sig or other such nonsense) will even out to the house edge for that bet, but will have TONS of peaks and valleys along the way.  The trick is to take your emotion out of the equation.  Greed is what casinos rely on.  They are well aware of the fact that the vast majority of gamblers will be up at some point and it doesn't worry them in the least, because they know most people's brains can't quit, there are all sorts of chemical reasons for this. 

The solution truly is a well constructed Money Management system that works to have you risking the casinos money and not your own like "VLS' 50% Money Management" nolinks://vlsroulette.com/money-management/vls-50percent-money-management/ so that you capitalize on the peaks and can ride out the valleys.

Spike

Well, that is the bloody point isn't it Spike.>>>

Its exactly the point as far as the casino is concerned.

Spike

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