Timothy
Valparaiso,#2Consumer Comment
Fri, July 08, 2005
I've seen a live roulette wheel go as many as 21 times without hitting a full third of the board. It is improbable, but it DOES happen. And, if you play the 1/3 bet long enough, it WILL happen to you. What the original poster was doing, most likely, was utilizing a "progressive" betting scheme. Under this scheme, you place a low bet on the first play. If you lose, you increase your bet on the next play (usually you would double it). Repeat until you win. When that happens, the winnings will be about double the losses. Sounds like a great plan, especially when there is almost a one in three chance of winning on each play (I'll discuss the "almost" in a minute). But there are two problems. The first problem is that your bet size is increasing exponentially. If you bet $5 on the first hand, you have to lay out $160 on the sixth hand, and have already lost $155. If it goes 10 spins, you'll be out almost $3000. The second problem is that encountered by our reporter. Every now and then (roughly one out of every 800 sequences) the wheel will spin 18 times. Or, even less frequently, more than that. Most people don't have the bankroll to make it much past 12 spins. And, when your bankroll does burst, or when you reach the "table maximum," it will probably cancel out everything you have won up to that point (if not more so). This is where that "almost" comes into play. You see, there is not quite a one in three chance that the wheel will hit. But the payout when it does hit is three to one. The difference between the odds of hitting and the according payout is the house advantage. In roulette, the house advantage will be either 2.8% or 5.6%, meaning that the casino will take either $2.80 or $5.60 of every hundred dollars that is played. No betting system can defeat this mathematical certainty. Over time, no matter how you do it, you will lose a certain portion of the money you put in, and your winnings will not cover your losses. Want to beat the casino? Here's how you do it: learn perfect basic strategy for blackjack and play it alot. You'll lose money, but the value of the casino comps should outweigh your losses if you "play your cards right."
Timothy
Valparaiso,#3Consumer Comment
Fri, July 08, 2005
I've seen a live roulette wheel go as many as 21 times without hitting a full third of the board. It is improbable, but it DOES happen. And, if you play the 1/3 bet long enough, it WILL happen to you. What the original poster was doing, most likely, was utilizing a "progressive" betting scheme. Under this scheme, you place a low bet on the first play. If you lose, you increase your bet on the next play (usually you would double it). Repeat until you win. When that happens, the winnings will be about double the losses. Sounds like a great plan, especially when there is almost a one in three chance of winning on each play (I'll discuss the "almost" in a minute). But there are two problems. The first problem is that your bet size is increasing exponentially. If you bet $5 on the first hand, you have to lay out $160 on the sixth hand, and have already lost $155. If it goes 10 spins, you'll be out almost $3000. The second problem is that encountered by our reporter. Every now and then (roughly one out of every 800 sequences) the wheel will spin 18 times. Or, even less frequently, more than that. Most people don't have the bankroll to make it much past 12 spins. And, when your bankroll does burst, or when you reach the "table maximum," it will probably cancel out everything you have won up to that point (if not more so). This is where that "almost" comes into play. You see, there is not quite a one in three chance that the wheel will hit. But the payout when it does hit is three to one. The difference between the odds of hitting and the according payout is the house advantage. In roulette, the house advantage will be either 2.8% or 5.6%, meaning that the casino will take either $2.80 or $5.60 of every hundred dollars that is played. No betting system can defeat this mathematical certainty. Over time, no matter how you do it, you will lose a certain portion of the money you put in, and your winnings will not cover your losses. Want to beat the casino? Here's how you do it: learn perfect basic strategy for blackjack and play it alot. You'll lose money, but the value of the casino comps should outweigh your losses if you "play your cards right."
Timothy
Valparaiso,#4Consumer Comment
Fri, July 08, 2005
I've seen a live roulette wheel go as many as 21 times without hitting a full third of the board. It is improbable, but it DOES happen. And, if you play the 1/3 bet long enough, it WILL happen to you. What the original poster was doing, most likely, was utilizing a "progressive" betting scheme. Under this scheme, you place a low bet on the first play. If you lose, you increase your bet on the next play (usually you would double it). Repeat until you win. When that happens, the winnings will be about double the losses. Sounds like a great plan, especially when there is almost a one in three chance of winning on each play (I'll discuss the "almost" in a minute). But there are two problems. The first problem is that your bet size is increasing exponentially. If you bet $5 on the first hand, you have to lay out $160 on the sixth hand, and have already lost $155. If it goes 10 spins, you'll be out almost $3000. The second problem is that encountered by our reporter. Every now and then (roughly one out of every 800 sequences) the wheel will spin 18 times. Or, even less frequently, more than that. Most people don't have the bankroll to make it much past 12 spins. And, when your bankroll does burst, or when you reach the "table maximum," it will probably cancel out everything you have won up to that point (if not more so). This is where that "almost" comes into play. You see, there is not quite a one in three chance that the wheel will hit. But the payout when it does hit is three to one. The difference between the odds of hitting and the according payout is the house advantage. In roulette, the house advantage will be either 2.8% or 5.6%, meaning that the casino will take either $2.80 or $5.60 of every hundred dollars that is played. No betting system can defeat this mathematical certainty. Over time, no matter how you do it, you will lose a certain portion of the money you put in, and your winnings will not cover your losses. Want to beat the casino? Here's how you do it: learn perfect basic strategy for blackjack and play it alot. You'll lose money, but the value of the casino comps should outweigh your losses if you "play your cards right."
Timothy
Valparaiso,#5Consumer Comment
Fri, July 08, 2005
I've seen a live roulette wheel go as many as 21 times without hitting a full third of the board. It is improbable, but it DOES happen. And, if you play the 1/3 bet long enough, it WILL happen to you. What the original poster was doing, most likely, was utilizing a "progressive" betting scheme. Under this scheme, you place a low bet on the first play. If you lose, you increase your bet on the next play (usually you would double it). Repeat until you win. When that happens, the winnings will be about double the losses. Sounds like a great plan, especially when there is almost a one in three chance of winning on each play (I'll discuss the "almost" in a minute). But there are two problems. The first problem is that your bet size is increasing exponentially. If you bet $5 on the first hand, you have to lay out $160 on the sixth hand, and have already lost $155. If it goes 10 spins, you'll be out almost $3000. The second problem is that encountered by our reporter. Every now and then (roughly one out of every 800 sequences) the wheel will spin 18 times. Or, even less frequently, more than that. Most people don't have the bankroll to make it much past 12 spins. And, when your bankroll does burst, or when you reach the "table maximum," it will probably cancel out everything you have won up to that point (if not more so). This is where that "almost" comes into play. You see, there is not quite a one in three chance that the wheel will hit. But the payout when it does hit is three to one. The difference between the odds of hitting and the according payout is the house advantage. In roulette, the house advantage will be either 2.8% or 5.6%, meaning that the casino will take either $2.80 or $5.60 of every hundred dollars that is played. No betting system can defeat this mathematical certainty. Over time, no matter how you do it, you will lose a certain portion of the money you put in, and your winnings will not cover your losses. Want to beat the casino? Here's how you do it: learn perfect basic strategy for blackjack and play it alot. You'll lose money, but the value of the casino comps should outweigh your losses if you "play your cards right."
John
White,#6Consumer Comment
Tue, July 05, 2005
Like any game in Vegas the odd numbers of hitting 1 in 3 are an average. The numbers are RANDOM. If you are willing to play 100 times maybe the odds would creep up towards the number you claim they should be. Odds are an average. If you play any game whether live or by machine you will not win like you claim. If you play 21 in a live game you are not going to win every other hand because the odds of that game are 50/50. Odds are an average whether they are in a slot machine or a live game. You are just a sore loser because you didn't win at a game of chance.
John
White,#7Consumer Comment
Tue, July 05, 2005
Like any game in Vegas the odd numbers of hitting 1 in 3 are an average. The numbers are RANDOM. If you are willing to play 100 times maybe the odds would creep up towards the number you claim they should be. Odds are an average. If you play any game whether live or by machine you will not win like you claim. If you play 21 in a live game you are not going to win every other hand because the odds of that game are 50/50. Odds are an average whether they are in a slot machine or a live game. You are just a sore loser because you didn't win at a game of chance.
John
White,#8Consumer Comment
Tue, July 05, 2005
Like any game in Vegas the odd numbers of hitting 1 in 3 are an average. The numbers are RANDOM. If you are willing to play 100 times maybe the odds would creep up towards the number you claim they should be. Odds are an average. If you play any game whether live or by machine you will not win like you claim. If you play 21 in a live game you are not going to win every other hand because the odds of that game are 50/50. Odds are an average whether they are in a slot machine or a live game. You are just a sore loser because you didn't win at a game of chance.
John
White,#9Consumer Comment
Tue, July 05, 2005
Like any game in Vegas the odd numbers of hitting 1 in 3 are an average. The numbers are RANDOM. If you are willing to play 100 times maybe the odds would creep up towards the number you claim they should be. Odds are an average. If you play any game whether live or by machine you will not win like you claim. If you play 21 in a live game you are not going to win every other hand because the odds of that game are 50/50. Odds are an average whether they are in a slot machine or a live game. You are just a sore loser because you didn't win at a game of chance.
Paul
Anaheim,#10Consumer Suggestion
Tue, July 05, 2005
I'll do you one better. Unless you hit the big lottery, stay the hell off ALL casino sites. Here's a little secret that all gamblers overlook. The odds of winning are against you. Sure, you get a few wins here and there. Every once in a while, you luck into a winning lottery ticket. But, keep track of what you lost and what you won. That's the one thing nobody ever does. Instead, they focus on the wins. They ignore the losses. It's possible to win thousands of dollars sometimes. Of course, you need to gamble away many thousands more before you get that win. No matter how you add it up, you will not come out ahead. You lose ten grand, and win eight back. Then, you lose $12,000 more. And, get $2500 back. This is why casinos continue to stay in business. They have the odds in their favor. They keep track of their wins and losses. You, on the other hand, don't do any of that. Because if you did keep track, you would quickly see that you are always coming up short. With gambling, you need to sit back and see the whole picture. The wins, and the losses. Stop dreaming about that impossible million-dollar payout. And, start focusing on all the good money you lost chasing it.