Interesting online casino theory

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  • Mikail
    SBR Posting Legend
    • 07-19-09
    • 21689

    #36
    Originally posted by donjuan
    There is a built in protection against Martingaling called 4th grade level math.
    lol. I understand your point but your not hearing me. They literally have a built in protection against martingale. I'll put it this way and i'm not bragging but I used to go to my local casino here a few times a week and martingale with baccarat. This particular casino's table limits are 1k so I'd begin at $50 and continue doubling up on player until I'd profit. Long story short I did this for over a half a year until finally I maxed out and lost for the 1st time. Now when I was there once id profit. I'd start over again and do this over and over again. Sometimes I'd leave with over 2k in a few hours. Now I know for a fact this same strategy would leave me broke almost everytime if I tried it playing online. I'm no mathmatician and it doesn't take a rocket scientist to realize your being cheated if your playing online casino if your paying attention. I also have 100% firsthand knowledge that these so called "live online casinos" are also easily manipulated and cheat you just the same. Comprende?
    Comment
    • skrtelfan
      SBR MVP
      • 10-09-08
      • 1913

      #37
      Martindale is a very strong system. In fact it is so strong that the most famous game show host of all time, Wink Martindale, named himself after the theory. The trick is that you have to switch up your game in order to avoid the long losing streaks. If you run bad at roulette, switch to craps and play the DON'T PASS. They expect you to play the PASS! Also modify your bet size so you are not betting strictly doubles each time so you won't go bust after 7 losses. This is why Wink Martindale is rich and most other people are losers. He even had a TV show based on craps called "High Rollers!"
      Comment
      • skrtelfan
        SBR MVP
        • 10-09-08
        • 1913

        #38
        Originally posted by Mikail
        lol. I understand your point but your not hearing me. They literally have a built in protection against martingale. I'll put it this way and i'm not bragging but I used to go to my local casino here a few times a week and martingale with baccarat. This particular casino's table limits are 1k so I'd begin at $50 and continue doubling up on player until I'd profit. Long story short I did this for over a half a year until finally I maxed out and lost for the 1st time. Now when I was there once id profit. I'd start over again and do this over and over again. Sometimes I'd leave with over 2k in a few hours. Now I know for a fact this same strategy would leave me broke almost everytime if I tried it playing online. I'm no mathmatician and it doesn't take a rocket scientist to realize your being cheated if your playing online casino if your paying attention. I also have 100% firsthand knowledge that these so called "live online casinos" are also easily manipulated and cheat you just the same. Comprende?
        Right, the casinos have the limits because they are afraid of Martindale! You just have to find a casino with big enough limits. If you run out of your Martindale limit at Casino Royale, you walk up the street to Circus Circus. If you run out there, you go over to the Wynn. If you run out there you just go to one of the high roller whale pits. That the casino uses limits to protect against Martindale shows how strong Martindale really is!
        Comment
        • Mikail
          SBR Posting Legend
          • 07-19-09
          • 21689

          #39
          Originally posted by isetcap
          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.
          "mathematical rules in favor of the house. There is no need to cheat" If I had a nickel for everytime someone brings this lame argument about online casinos not being rigged because they don't need too I wouldn't be gambling thats for sure. Of course the house has the edge but ya see there is this thing called GREED. Ever heard of it. They dont need to cheat but when it's that easy they cannot resist not too. Who are you with? I bet your affiliated with a sportsbook with an online casino. Am I right? Cut the shit. Online casinos are cheats. Anyone with any common sense knows this. So your either have an agenda or you are lacking common sense and other than the silly comments about your cousins parole officer I willing to go out on a limb and say your most likely an intelligient person.
          Comment
          • Hareeba!
            BARRELED IN @ SBR!
            • 07-01-06
            • 37337

            #40
            Originally posted by skrtelfan
            Martindale is a very strong system. In fact it is so strong that the most famous game show host of all time, Wink Martindale, named himself after the theory. The trick is that you have to switch up your game in order to avoid the long losing streaks. If you run bad at roulette, switch to craps and play the DON'T PASS. They expect you to play the PASS! Also modify your bet size so you are not betting strictly doubles each time so you won't go bust after 7 losses. This is why Wink Martindale is rich and most other people are losers. He even had a TV show based on craps called "High Rollers!"
            hogwash!
            switching from one -ev gamble to another is pointless
            you can't defy mathematical gravity
            Comment
            • McBa1n
              SBR MVP
              • 01-02-06
              • 2642

              #41
              Originally posted by skrtelfan
              Martindale is a very strong system. In fact it is so strong that the most famous game show host of all time, Wink Martindale, named himself after the theory. The trick is that you have to switch up your game in order to avoid the long losing streaks. If you run bad at roulette, switch to craps and play the DON'T PASS. They expect you to play the PASS! Also modify your bet size so you are not betting strictly doubles each time so you won't go bust after 7 losses. This is why Wink Martindale is rich and most other people are losers. He even had a TV show based on craps called "High Rollers!"
              Haha! Nice!
              Comment
              • ttwarrior1
                BARRELED IN @ SBR!
                • 06-23-09
                • 28462

                #42
                just lost my whole 200 i deposited trying out the 5 dimes casino, its worse if not the same and on top of that im not a sbr pro and lou won't even respond to me
                Comment
                • skrtelfan
                  SBR MVP
                  • 10-09-08
                  • 1913

                  #43
                  Originally posted by Hareeba!
                  hogwash!
                  switching from one -ev gamble to another is pointless
                  you can't defy mathematical gravity
                  Then why do the casinos have limits? Strictly to counteract Martindale! A previous poster in the thread admitted as much!
                  Comment
                  • kisado
                    SBR Wise Guy
                    • 09-09-08
                    • 519

                    #44
                    Damn, both of you are stupid. (The OP and your Martingaling friend)
                    Comment
                    • Hareeba!
                      BARRELED IN @ SBR!
                      • 07-01-06
                      • 37337

                      #45
                      Originally posted by skrtelfan
                      Then why do the casinos have limits? Strictly to counteract Martindale! A previous poster in the thread admitted as much!
                      good question
                      often wondered that myself
                      probably to avoid the horror of their customers witnessing a Martingaling fool blow his brains out
                      Comment
                      • gryfyn1
                        SBR MVP
                        • 03-30-10
                        • 3285

                        #46
                        Originally posted by jjaycuny
                        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.

                        he's just guaranteeing that eventually he will lose it, by making such a small amount of wagers he simply delaying it.

                        if this system can work once a day - why can't it work once and hour? or once every five minutes?
                        Comment
                        • jjaycuny
                          SBR MVP
                          • 07-01-11
                          • 1617

                          #47
                          Originally posted by gryfyn1
                          he's just guaranteeing that eventually he will lose it, by making such a small amount of wagers he simply delaying it.

                          if this system can work once a day - why can't it work once and hour? or once every five minutes?
                          Minimizing exposure by doing it once a day?
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #48
                            I advise doing this unless you start with 50 cent wagers and try to grind like $5 per day
                            Comment
                            • dealer wins
                              SBR Wise Guy
                              • 02-03-09
                              • 816

                              #49
                              Originally posted by jjaycuny
                              Minimizing exposure by doing it once a day?
                              "Minimizing exposure" would suggest what he is doing is high risk LOL If he has made $7000, I take it he has won his $10 every day for over 2 years. Why not just play 700 times in 1 day and make $266450 in 2 years Seriously though, the martingale system is lethal, and there is a much greater chance of losing your entire bankroll before doubling it.
                              Comment
                              • relaaxx
                                SBR MVP
                                • 06-15-06
                                • 3281

                                #50
                                gambling is about 1 thing - risk/reward - martingale is just not worth the risk.
                                Comment
                                • P.F.Kasooff
                                  SBR MVP
                                  • 11-13-10
                                  • 1903

                                  #51
                                  I will quit my job tomorrow!
                                  Comment
                                  • acarmelo1
                                    SBR Hall of Famer
                                    • 09-29-09
                                    • 6321

                                    #52
                                    If I had I million Dollars as my Bankroll, and Start Martingalin at 1 dollar I would alway get back. There is no way I can lose 20 times in a row. Like 20 blacks in a row.
                                    Comment
                                    • P.F.Kasooff
                                      SBR MVP
                                      • 11-13-10
                                      • 1903

                                      #53
                                      Originally posted by acarmelo1

                                      There is no way I can lose 20 times in a row. Like 20 blacks in a row.

                                      Comment
                                      • InTheDrink
                                        SBR Posting Legend
                                        • 11-23-09
                                        • 23983

                                        #54
                                        Originally posted by ttwarrior1
                                        just lost my whole 200 i deposited trying out the 5 dimes casino, its worse if not the same and on top of that im not a sbr pro and lou won't even respond to me
                                        no you didnt
                                        Comment
                                        • lukahh
                                          SBR Wise Guy
                                          • 04-08-10
                                          • 941

                                          #55
                                          Originally posted by acarmelo1
                                          If I had I million Dollars as my Bankroll, and Start Martingalin at 1 dollar I would alway get back. There is no way I can lose 20 times in a row. Like 20 blacks in a row.
                                          eventually, you would lose it 0.515^20. and for each achieved hit you would be only up 1 dollar. might as well be better to serve burgers in mcdonalds...
                                          Comment
                                          • djefferis
                                            SBR MVP
                                            • 08-16-08
                                            • 1205

                                            #56
                                            If this cashes for small + profit daily, tony will show him the door before long...winning at 5dimes using schemes isn't an advisable livelihood.

                                            Possible to win this way, yes
                                            Probable that you suceed long term, no.
                                            Comment
                                            • milwaukee mike
                                              BARRELED IN @ SBR!
                                              • 08-22-07
                                              • 26914

                                              #57
                                              Originally posted by isetcap
                                              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.


                                              the ONLY ways to beat the house over 10 million games (no matter what the game and no matter what the stakes) is
                                              1) count cards at blackjack
                                              2) be a bonus whore

                                              so i agree with the consensus here, if you don't have an advantage over 10 million bets, then you are playing with fire.
                                              Comment
                                              • P.F.Kasooff
                                                SBR MVP
                                                • 11-13-10
                                                • 1903

                                                #58
                                                Originally posted by djefferis

                                                Possible to win this way, yes

                                                See Post #20
                                                Comment
                                                • djefferis
                                                  SBR MVP
                                                  • 08-16-08
                                                  • 1205

                                                  #59
                                                  Originally posted by acarmelo1
                                                  If I had I million Dollars as my Bankroll, and Start Martingalin at 1 dollar I would alway get back. There is no way I can lose 20 times in a row. Like 20 blacks in a row.

                                                  A. Yes there is a way, its just highly improbable

                                                  B. If you had a mil, why even mess trying to win dollars, its called opportunity cost. Sure you will win, but you lose time playing and use of your mil in more suitable investments. No way around itn you will lose playing martingale
                                                  Comment
                                                  • djefferis
                                                    SBR MVP
                                                    • 08-16-08
                                                    • 1205

                                                    #60
                                                    Originally posted by BigDaddy
                                                    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
                                                    I remember General's system:

                                                    8 hands of crackjack if I remember right, no more.

                                                    Take the winnings and make some exotic horse bets or longshot, hope to cash big.

                                                    Not a guarantee, but at least your loss daily would remain small, play 2 bucks a hand, most you could lose is a hundy a week and one nice exacta you positive money.
                                                    Comment
                                                    • Stumpage
                                                      SBR MVP
                                                      • 09-21-05
                                                      • 2906

                                                      #61
                                                      Originally posted by lukahh
                                                      eventually, you would lose it 0.515^20. and for each achieved hit you would be only up 1 dollar. might as well be better to serve burgers in mcdonalds...
                                                      Well put.....Not to mention the fact that for each $1 return, in theory he would be willing to risk an eventual $1,000,000. 'Nuff said.....
                                                      Comment
                                                      • DrStale
                                                        SBR Hall of Famer
                                                        • 12-07-08
                                                        • 9692

                                                        #62
                                                        Originally posted by ttwarrior1
                                                        just lost my whole 200 i deposited trying out the 5 dimes casino, its worse if not the same and on top of that im not a sbr pro and lou won't even respond to me
                                                        Of course you did.
                                                        Originally posted by Dark Horse
                                                        If with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?
                                                        Comment
                                                        • Trespass
                                                          SBR Rookie
                                                          • 08-12-11
                                                          • 48

                                                          #63
                                                          One of the funniest gambling junkets of my life was the result of watching an "I got a system" friend of mine lose his entire bankroll at the Sands using this approach. Took about nine minutes after walking through the front door.

                                                          I know, who needs friends like me....but 20 years later it still makes me piss my pants. He got over it.
                                                          Comment
                                                          • Hareeba!
                                                            BARRELED IN @ SBR!
                                                            • 07-01-06
                                                            • 37337

                                                            #64
                                                            Originally posted by easywinner
                                                            Doesn't matter if they were or not, the point is neither one has lost 7 since i started betting.
                                                            of course it matters
                                                            big difference in what you need to stake and necessary bankroll for required return

                                                            just keep going ... the time will most certainly come that they lose 7 or more in succession .... not a matter of IF - just a matter of WHEN
                                                            Comment
                                                            • JoeVig
                                                              SBR Wise Guy
                                                              • 01-11-08
                                                              • 772

                                                              #65
                                                              I did this at Silver City in Vegas when I was young and dumb. I was playing $1 BJ and the pit boss came over and said "I'll beat you every time".

                                                              He did.
                                                              Comment
                                                              • TryingMyBest
                                                                SBR Wise Guy
                                                                • 03-07-10
                                                                • 611

                                                                #66
                                                                Originally posted by jjgold
                                                                I advise doing this unless you start with 50 cent wagers and try to grind like $5 per day
                                                                You have a 99.6% chance of not losing 8 times in a row.

                                                                If you wanted to grind out $5 a day, you'd have to win 10 "sets".

                                                                You have a 93.2% chance of not losing 8 times in a row in any of the 10 sets

                                                                If you have a 93.2% chance of not going broke each day, you'll eventually go broke
                                                                Comment
                                                                • Hareeba!
                                                                  BARRELED IN @ SBR!
                                                                  • 07-01-06
                                                                  • 37337

                                                                  #67
                                                                  I've lost count of the number of times over the years I've had this conversation with an excited Martingaler who's just discovered the path to eternal wealth.

                                                                  And would you believe, I've failed miserably to convince a single one of them that they don't have what millions before didn't have either. They are just a totally unconvinceable lot.They truly believe they can defy mathematical gravity. They'll all discover the realitiy for themselves one day for sure but horrendous damage is done by then.
                                                                  Comment
                                                                  • konck
                                                                    SBR Posting Legend
                                                                    • 10-17-06
                                                                    • 12554

                                                                    #68
                                                                    Mostly bs ....sooner or later thats the worse gamble there is....you will hit the bad streak you cant get off an go bust
                                                                    Comment
                                                                    • TheMoneyShot
                                                                      BARRELED IN @ SBR!
                                                                      • 02-14-07
                                                                      • 28672

                                                                      #69
                                                                      Originally posted by Vesuvius
                                                                      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
                                                                      I was in vegas a year ago and Red came up 12 straight in a row. Everyone at the table was in shock.
                                                                      Comment
                                                                      • TheMoneyShot
                                                                        BARRELED IN @ SBR!
                                                                        • 02-14-07
                                                                        • 28672

                                                                        #70
                                                                        Originally posted by skrtelfan
                                                                        Then why do the casinos have limits? Strictly to counteract Martindale!
                                                                        Like Wink Martindale? The host of that old game show called Tick Tac Dough? I use to love that show when I was little.
                                                                        Comment
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