Interesting online casino theory

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  • jjaycuny
    SBR MVP
    • 07-01-11
    • 1617

    #1
    Interesting online casino theory
    I was talking with someone about 5dimes (which I have yet to have a pro status for) and he was telling me that he ONLY plays the online casino. When I laughed and told them that was stupid, he made an interesting point; He said if I offered you an investment that returned a guaranteed 1% a day, would I take it? I said of course. He then said that when he puts money into an account he figures out whatever small amount 1% is of his bankroll, and stops playing for the day once he wins it. He uses the martingale system in roulette. Obviously this takes a shit load of discipline and a non-gambler's personality. He makes a guaranteed few K a year doing it. I wanna try this but I know I'd get loaded and blow it.
  • Albert Pujols
    SBR MVP
    • 06-01-10
    • 1670

    #2
    The only guarantee is that he will lose his whole bankroll eventually.
    Comment
    • jjaycuny
      SBR MVP
      • 07-01-11
      • 1617

      #3
      but using the martingale system, you have an incredible advantage to win 1% of your bankroll. If you put 1k in, you only have to win $10 a day. doubling your bet each time in a game like roulette seems very high %. but like he said, you have to stop once you've met that quota for the day
      Comment
      • Vesuvius
        SBR MVP
        • 02-19-08
        • 3886

        #4
        bet 1 = 10
        bet 2 = 20
        bet 3 = 40
        bet 4 = 80
        bet 5 = 160
        bet 6 = 320
        bet 7 = 640

        I've seen more than 7 straight red and 7 straight blacks
        Comment
        • gohabsgo
          SBR MVP
          • 03-19-10
          • 1903

          #5
          Comment
          • jjaycuny
            SBR MVP
            • 07-01-11
            • 1617

            #6
            believe me I know that, i've seen 9 straight blacks. He mixed it up between playing red/black and 2 to 1. He made 7k doing it.
            Comment
            • krk1030
              SBR Posting Legend
              • 08-13-08
              • 17610

              #7
              If that system actually worked everyone would be reach, it's not a secret system or anything.
              Comment
              • samdapatriotsfan
                SBR MVP
                • 10-10-08
                • 1585

                #8
                Originally posted by Albert Pujols
                The only guarantee is that he will lose his whole bankroll eventually.


                As will lots of us here on SBR
                Comment
                • topgame85
                  SBR Posting Legend
                  • 03-30-08
                  • 12325

                  #9
                  Online casinos are programmed to put you on wicked losing streaks so you go bust at a real casino perhaps this may work but even then eventually you will hit that sick losing streak and really it only takes 7 losses in a row (not that terrible) to go bust which any long term gambler has experienced
                  Comment
                  • urge2kill
                    SBR MVP
                    • 10-27-09
                    • 1722

                    #10
                    How does mixing it up between red and black change the odds of losing 7 straight?
                    Comment
                    • warriorfan707
                      SBR Posting Legend
                      • 03-29-08
                      • 13698

                      #11
                      Clearly this guy works for 5dimes
                      Comment
                      • jjaycuny
                        SBR MVP
                        • 07-01-11
                        • 1617

                        #12
                        Originally posted by urge2kill
                        How does mixing it up between red and black change the odds of losing 7 straight?
                        haha are you serious? did I ever say that mixing it up changes the odds? I'm simply telling you what he did. He mixed it up between the 2 and won 7k.
                        Comment
                        • jjaycuny
                          SBR MVP
                          • 07-01-11
                          • 1617

                          #13
                          Originally posted by warriorfan707
                          Clearly this guy works for 5dimes
                          damn you caught me
                          Comment
                          • Hareeba!
                            BARRELED IN @ SBR!
                            • 07-01-06
                            • 37330

                            #14
                            Originally posted by jjaycuny
                            but using the martingale system, you have an incredible advantage to win 1% of your bankroll. If you put 1k in, you only have to win $10 a day. doubling your bet each time in a game like roulette seems very high %. but like he said, you have to stop once you've met that quota for the day
                            this is as stupid as it gets

                            millions of gamblers over the centuries have lost everything (many their lives even) playing Martingale and other loss chasing schemes

                            casinos around the world have made fortunes on the back of such fools

                            and as for stopping when having made the quota for the day - more garbage - why is the first sequence next day going to be any better than the next sequence today? If you are onto a winning method the more you play the more you win.
                            Comment
                            • Gee
                              SBR MVP
                              • 04-08-10
                              • 4547

                              #15


                              Yup, well said Hareeba.

                              The only thing this method does is delay the inevitable.
                              Comment
                              • warriorfan707
                                SBR Posting Legend
                                • 03-29-08
                                • 13698

                                #16
                                The problem with the Martingale system is noone is going to just win 1 unit and quit, cmon now. You're gonna keep doing it like a shark with the taste of blood in his mouth until disaster strikes and you suffer that horrendous losing streak that robs you of your existence.
                                Comment
                                • trytrytry
                                  SBR Posting Legend
                                  • 03-13-06
                                  • 23652

                                  #17
                                  not sure 5 dimes even allows more than a $500 wager on the American Roulette option..this is pure stupid rubbish..tell your friend to stop
                                  Comment
                                  • wildcat2011
                                    SBR Rookie
                                    • 08-26-11
                                    • 34

                                    #18
                                    online games of chance is so rig'd!
                                    Comment
                                    • BET THE HOOK
                                      SBR MVP
                                      • 02-16-09
                                      • 1947

                                      #19
                                      If it works for him great and if he is cashing the checks great again. I am not ever playing rigged online casino games. Even the live games are rigged. If you are about to hit a big one in blackjack,all they have to do is "forget" to scan another players card and the whole hand is scratched. Nothing is foolproof.
                                      Comment
                                      • scottie2005
                                        SBR Wise Guy
                                        • 07-15-10
                                        • 649

                                        #20
                                        This works well for about 156/157 days. The other day not so much
                                        Comment
                                        • BigDaddy
                                          SBR Hall of Famer
                                          • 02-01-06
                                          • 8378

                                          #21
                                          Originally posted by trytrytry
                                          not sure 5 dimes even allows more than a $500 wager on the American Roulette option..this is pure stupid rubbish..tell your friend to stop
                                          if i were going to do this i would not play the american version of roulette.



                                          the OP sounds like the poster The General that used to be a mod here and at other places.

                                          he used to say he would win a small amount each day and stop

                                          lol
                                          Comment
                                          • Waterstpub87
                                            SBR MVP
                                            • 09-09-09
                                            • 4108

                                            #22
                                            I'm sure the 500 year old losing system is going to work for your buddy. He is much different from the millions of other people that the martingale was going to make rich.
                                            Comment
                                            • Stumpage
                                              SBR MVP
                                              • 09-21-05
                                              • 2906

                                              #23
                                              How exactly is this a "guaranteed" 1% a day?...

                                              Oh right, because on your friend's home planet, nobody has ever lost 8 consecutive bets, anywhere at any time in recorded history. Completely impossible.....
                                              Comment
                                              • wiffle
                                                SBR Wise Guy
                                                • 07-07-10
                                                • 610

                                                #24
                                                lol
                                                Comment
                                                • Djstucky
                                                  SBR MVP
                                                  • 02-27-11
                                                  • 2993

                                                  #25
                                                  Well damn it...I thought this was the one...the thread that would make me millions...o well...I am sure anyday now someone is going to give us the hidden secret to make millions at gambling without any chance of losing...honestly do these stupid ideas ever stop???
                                                  Comment
                                                  • Hoja Verdes
                                                    SBR MVP
                                                    • 08-23-06
                                                    • 1403

                                                    #26
                                                    people have been losing all their wealth with the martingale system since the cavemen sat around throwing rocks and gambling with their women and meat. please revisit this thread and update us when your friend loses everything.
                                                    Comment
                                                    • Mikail
                                                      SBR Posting Legend
                                                      • 07-19-09
                                                      • 21689

                                                      #27
                                                      This is total b.s because my wife's brother went to school with a guy who designs gaming software and there is a built in protection against martingaling. I can personally guarantee that if you try a martingale system on any online casino you are 99.9% surely to lose. Sbr's points casino with it's "DGS" software is a prime example of this. Go ahead. Try it and see. At least there you'll only lose points and not cash. Its real simple fellas. owners of online casinos are just stealing money and calling it gaming.
                                                      Comment
                                                      • easywinner
                                                        SBR Sharp
                                                        • 10-31-10
                                                        • 336

                                                        #28
                                                        Originally posted by topgame85
                                                        Online casinos are programmed to put you on wicked losing streaks so you go bust at a real casino perhaps this may work but even then eventually you will hit that sick losing streak and really it only takes 7 losses in a row (not that terrible) to go bust which any long term gambler has experienced
                                                        My only question is when was the last time the Yankees or Patriots have lost more than 7 in a row? The marty will ruin most people but there are cases where teams have won big at casinos using it.
                                                        Comment
                                                        • easywinner
                                                          SBR Sharp
                                                          • 10-31-10
                                                          • 336

                                                          #29
                                                          Originally posted by Mikail
                                                          This is total b.s because my wife's brother went to school with a guy who designs gaming software and there is a built in protection against martingaling. I can personally guarantee that if you try a martingale system on any online casino you are 99.9% surely to lose. Sbr's points casino with it's "DGS" software is a prime example of this. Go ahead. Try it and see. At least there you'll only lose points and not cash. Its real simple fellas. owners of online casinos are just stealing money and calling it gaming.
                                                          So does the software basically analyze your bet and make it lose no matter what you bet? I'm surprised nobody has done anything to any of these online shops then if what you say is true. That is blatant theft and would piss people off. When people get pissed they usually get radical unless they are soft. Geez man at least the Vegas casinos are regulated, that is horseshit.
                                                          Comment
                                                          • LotsoCheese
                                                            SBR High Roller
                                                            • 04-05-11
                                                            • 144

                                                            #30
                                                            Originally posted by warriorfan707
                                                            The problem with the Martingale system is noone is going to just win 1 unit and quit, cmon now. You're gonna keep doing it like a shark with the taste of blood in his mouth until disaster strikes and you suffer that horrendous losing streak that robs you of your existence.
                                                            Even if you have the control to stick with a plan, you would need a ton of money to make sure it was somewhat full proof. Then you would have to ask yourself, "what is the point of winning .1% of my bankroll!" At that point it takes the fun out of it. If you are trying to make money gambling, open a casino!
                                                            Comment
                                                            • Hareeba!
                                                              BARRELED IN @ SBR!
                                                              • 07-01-06
                                                              • 37330

                                                              #31
                                                              Originally posted by easywinner
                                                              My only question is when was the last time the Yankees or Patriots have lost more than 7 in a row? The marty will ruin most people but there are cases where teams have won big at casinos using it.
                                                              and were they only even money chances?

                                                              it will ruin ALL people if they keep playing it ... just a matter of time

                                                              if you are making -ev plays the more you play the more certain is bankroll wipeout
                                                              Comment
                                                              • easywinner
                                                                SBR Sharp
                                                                • 10-31-10
                                                                • 336

                                                                #32
                                                                Originally posted by Hareeba!
                                                                and were they only even money chances?

                                                                it will ruin ALL people if they keep playing it ... just a matter of time

                                                                if you are making -ev plays the more you play the more certain is bankroll wipeout
                                                                Doesn't matter if they were or not, the point is neither one has lost 7 since i started betting. Marty is playing with fire, but what's it matter if you win? To each their own i suppose. Marty has worked for some people, ruined most. I've read stories of teams rolling casinos for a couple hundred thousand using a marty before. It will screw you when you hit the right negative variance, but who is anyone to say that you can't hit them first and roll with your profit? That's all i'm saying. We all know it's bad strategy but it can work in the short term for the right person/team. You can't deny that. I also won't deny that it will ruin everyone in the long term.
                                                                Comment
                                                                • donjuan
                                                                  SBR MVP
                                                                  • 08-29-07
                                                                  • 3993

                                                                  #33
                                                                  Originally posted by Mikail
                                                                  This is total b.s because my wife's brother went to school with a guy who designs gaming software and there is a built in protection against martingaling. I can personally guarantee that if you try a martingale system on any online casino you are 99.9% surely to lose. Sbr's points casino with it's "DGS" software is a prime example of this. Go ahead. Try it and see. At least there you'll only lose points and not cash. Its real simple fellas. owners of online casinos are just stealing money and calling it gaming.
                                                                  There is a built in protection against Martingaling called 4th grade level math.
                                                                  Comment
                                                                  • isetcap
                                                                    SBR MVP
                                                                    • 12-16-05
                                                                    • 4006

                                                                    #34
                                                                    I'd be inclined to say this is a disaster waiting to happen, but I'm not even sure it can be classified as a disaster.

                                                                    I will go further to say that while his system is doomed to failure, I have devised and tested a theoretical strategy that is capable of beating Microgaming Pontoon by extracting and reversing the risk quotient and placing it outside the parameters of the RNG technology they utilize. So have fun with that.
                                                                    Comment
                                                                    • isetcap
                                                                      SBR MVP
                                                                      • 12-16-05
                                                                      • 4006

                                                                      #35
                                                                      Originally posted by Mikail
                                                                      This is total b.s because my wife's brother went to school with a guy who designs gaming software and there is a built in protection against martingaling. owners of online casinos are just stealing money and calling it gaming.
                                                                      This is total BS because my cousin's parole officer's great grandfather called to tell me that the guy your wife's brother went to school with is a clownshoe if he expects anybody who knows anything about online casinos to believe they spend even one second of their development time building in artificial controls to combat The Fearless Martingaler. Owners of every casino (online and otherwise) offer games that are by their mathematical rules in favor of the house. There is no need to cheat. There is no need to steal. In fact, if you can show me a casino that offers a game where Martingale would not eventually fail; then I will show you a casino that is cheating.
                                                                      Comment
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