Discussion about the methodology of winning.

[Nathan Detroit]

It`s  Ok if it works  . But the drawdowns  can be  atrocious  to the bankroll.

I know of  a cat who lost 2.3 million Euro  within 3 months covering 17 numbers  ( average 2000 EURO  per spin).

Just  attempt this   feat once with  only a minimum $ 5  or 5 EURO . on 1  or 2  numbers and then report back what is left of the  900 Dollar/Euro bankroll  which is equivalent to the  18,000.

What makes this  reporter on 60 minutes such an "Expert" on gambling ? Its  stupidity by proclaiming expected winnnigs   of  $ 5, 000 - with a relatively anemic $ 5, 000 bankroll.  Lucky if you  go home  with a net of $ 500. in excess of the  $5000 bankroll

............and the suckers are lapping it up.

Nathan Detroit

[mogul397]

Well how did he play?  So we call can do it?

I didn't know him.

I believe that you have to have money to grease the wheels to get any out.

[Nathan Detroit]

Mr J created his method  and he  is comfortable  with it . A copycat  might not be  so lucky.Being comfortable  with a method , win or lose , is also what matters.

N.D.

[pins]

what you do is play on the one dollar roulette. if you win increase your bets  till you join the big league.

[Proofreaders2K]

"What makes this  reporter on 60 minutes such an "Expert" on gambling ?"--Nathan Detroit

I was in a hurry and misspoke.  The reporter on 60 Minutes was speaking with a guy who made a very, very good living on sports betting (reference: he said he maid 7 million on the Super Bowl betting on the Saints).  The bettor also said you need $5000 bankroll to make $5000.

[Nathan Detroit]

Thanks  for  your correction . Sportsbetting   differs   from casino gambling .I know  of a professional gambler who has sportsbetting on top of his list. That`s where the money is to keep him afloat
N.D.

[superman]

That`s where the money is to keep him afloat

I have met a few people on the internet who play betting exchanges as it's player against player rather than fighting a casino, they make a living from it, I too gamble at betfair and make money using principles I have found to almost work with roulette, house advantage clips them, but at the exchange there is no house edge. If you know what to play at the exchanges and how to recover from the inevitable loss your good to go.

Roulette is still on my mind and I still build the bots to battle it, but as I need to make money I go to betfair for that currently. Didn't have enough luck/skill on sports betting at betfair but have found the exchange games are much better.

[Nathan Detroit]

What`s  an exchange game ?  Please give  examples.
To me  an exchange game  would  be the New York stock exchange LOL. That`s really high roller stuff there.

Thanks.

Nathan Detroit

[superman]

What`s  an exchange game ?

Holdem, Bacc, BJ, HiLo etc you can back or lay the selection of your choice.

[Nathan Detroit]

Thanks for  enlighten me. Well, I always make  use of 3 games  during any casino visit. Roulette, Baccarat, and Video Poker.

This is diue to the fact that  all my sessions are of limited duration due to  Loss limits and  3 Losses in a row  at  table games.

Video Poker is  just to pick up points for eventual comps like overnite stays. It`s tough to get  those points  at the tables. But with my M.O.  at the table  I am glad I could get the privilege to go to the bathroom  there.(   L.O.L. )Playing within  the range of $ 5 to $ 25.

Hey man I am going there for relaxation , not wanting to lose  any money and being made a sucker by the casino whose suits  think  that people entertain the notion to make a living from gambling or  trying to win back their losses.

They are barking up the  wrong  tree with this cat. Casinos are a branch of the entertainment industry and  it  shall always be that way.



Nathan Detroit

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[marvin]

I'm inclined to think that very large bankroll is necessary to even think about making a living gambling.

i am also inclined to this one.

we all kind of agree that 20% profit of you session bankroll is doable.
lets say you have 1000units bankroll so 200units profit i think we will be satisfied with it.
but if you only have 100units bankroll and you already have 20units profit. do you think you will leave the casino?

1unit=1usd

just sharing my thoughts.

[Nathan Detroit]

Like  the man  says :" If you wanna win more , bring more"  .


N.d.

[hoper35]

It is so much easier to be +5 in bets of $50 than +50 in bets of $5.   

Ron.

[schoenpoetser]

Can you play a living with roulette? I think that is very difficult. At a double zero roulette I think it is impossible. The advantage of the French roulette is between 1.35 and 2.7. If you are a very good and lucky player perhaps you will win 1 to 2% of your bets. So to win 100 euro you must bet  at least 10000 euro.

There is no winning system. I believe in my knowledge  of the randomrows of the different chances and my strategy.

In the past I have given some  demos on a internet roulette. I never ended a session with a lost.

[gavind]

I don't think anybody could make it as a living at all. The random factor is just too huge. Maybe like a part time job will suffice.

[gavind]

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