»Gambling systems to make money«
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 knn: In case you don't believe me, check out my attached Roulette System Simulator program. I just tried this. 
And though I don't question your coding skills, I have to wonder how you generate the results. It seems to produce a lot of long runs of wins or losses. 
[CLICK HERE TO VIEW THIS PICTURE] [CLICK HERE TO VIEW THIS PICTURE] posted by Marl64 |
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| in-my-opinion.orgMiscBusiness & MoneyGambling systems to make money |
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 Quote: And though I don't question your coding skills, I have to wonder how you generate the results. Yeah, first of all you use the wrong version. You have to download 1.1. The problem you describe ("It seems to produce a lot of long runs of wins or losses") was due to an unnecessary use (sorry, my fault) of a "randomize" statement (= the random number generator got reset for each game) Second: The maximum 730 you see is because you have only 730 left. True. THAT's my problem described above: Either you have not enough money to double your bet OR the casino limits you. posted by knn |
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knn: Yeah, first of all you use the wrong version. You have to download 1.1. Ok, I'll check it out knn: The problem you describe ("It seems to produce a lot of long runs of wins or losses") was due to an unnecessary use (sorry, my fault) of a "randomize" statement. I was hoping it was that or my RTC is fried  knn: Second: The maximum 730 you see is because you have only 730 left. True. THAT's my problem described above: Either you have not enough money to double your bet OR the casino limits you. My point was that it is unlikely that a roulette wheel will throw out that many losses in a row at the start of your session. BY increasing the buffer between your initial bet and the limit (either house imposed or based on how much money you have) you reduce the chances of such a losing run. Ok there's still a chance, but that's why it's called Gambling
posted by Marl64 |
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Quote: My point was that it is unlikely that a roulette wheel will throw out that many losses in a row at the start of your session. I personally witnessed something like this (I was physically in a casino at that time). Red-Red-Red-Red-Red-Red-Red-Red... People lost a lot of money. Quote: BY increasing the buffer between your initial bet and the limit Buffer? Please check out ver1.1 and tell me what you mean. posted by knn |
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knn: Quote: BY increasing the buffer between your initial bet and the limit Buffer? Please check out ver1.1 and tell me what you mean. It's just a term for the amount of "room" between your initial bet and the limit. eg. to protect against a bad run of seven (which killed my game) you need a buffer of $initial bet * 2 ^ (7+1) so a $10 bet requires a buffer of $10 X 2^8 = $2560 a $5 bet requires a buffer of $5 X 2^8 = $1280 If you have $1000 in your pocket, you'd need to set your bet to $1000 / 2^8 = $3.90 The greater the buffer, the more chance of surviving a bad run, but a slower rate of return. Plus Another factor that your program can't allow for is the ability to change bets after a win. If you win on Red four times in a row, you would probably switch to black to catch the change over. or switch to odds or evens for a bit of variety. Just for curiosity I did a quick search for roulette system ♣ to see what else was out there, man there are loads, and most want some green to tell you them. Hang on, if you have a winning roulette system, why d'ya need to sell it?
posted by Marl64 |
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Quote: If you win on Red four times in a row, you would probably switch to black to catch the change over. or switch to odds or evens for a bit of variety. 1) Why? The likability of another red is the same as of black. 2) Who says I am always betting on red? My program just calculates winning with a 50%:50% chance. Quote: Hang on, if you have a winning roulette system, why d'ya need to sell it? 1) To make even more money. 2) Because you are an altruist. 3) Because you are a (former) casino owner. 4) Because he hates a casino owner and wants to take revenge. 5) Because your religion/status forbids you to play yourself (Mormon mathematician) Quote: The greater the buffer, the more chance of surviving a bad run, but a slower rate of return. But this is basically "Take more money to the casino". And why 7? posted by knn |
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knn: And why 7? Marl64: eg. to protect against a bad run of seven (which killed my game)... 
posted by Marl64 |
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knn: The likability of another red is the same as of black. You'd think so - at least that's what they tell you.
I once saw some guy taking a class and the subject was probability. He took out a coin and asked those attending to put their hands up if they thought it would come up heads - some did, some didn't. He flipped the coin and announced "Heads" He than asked those with their hands up to put them down if they thought it would be tails next - a few did. He flipped the coin again and announced "Heads again" He then repeated the part about them putting their hands down and once again some did. He flipped the coin once again and announced "Heads again" He repeated this until everyone had put their hands down. He pointed out that on each toss of the coin the odds were the same, so why did they all eventually give up on the "heads" option? 
posted by Marl64 |
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Quote: He pointed out that on each toss of the coin the odds were the same, so why did they all eventually give up on the "heads" option? If 1 side comes 200 times in a row then it only means that in some corner of the universe in some distant time there will be 200 times the other side, as long as you don't add an arbitrary such as telecinetical powers. posted by knn |
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 I wanted to add that even if you had a system that the casinos cannot track down, the casino could throw you out. Every casino has the right to say: "Sorry, Mr. Winner, please leave our establishment" posted by knn |
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 Marl64: He pointed out that on each toss of the coin the odds were the same, so why did they all eventually give up on the "heads" option? if you figure this one out let me know..we did this same expiriment in grade school, but we just flipped the coin and recorded which it landed on most(tails won btw) so now i guess tails whenever i chose because of this SCIENTIFIC FACT
posted by The ONEder Man |
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 The ONEder Man: so now i guess tails whenever i chose because of this SCIENTIFIC FACT It REALLY is a scientific fact. Actually it's not said, that all numbers/colors/sides will come up equally often. There is no mathematical law like that. The "rule of the large numbers" says that after flipping the coin extremely often, then the side ratios will adjust, but the law doesn't say, that they will come up 50:50. posted by knn |
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knn: Actually it's not said, that all numbers/colors/sides will come up equally often. depending upon the person you could rationalize either outcome, after say 10 heads in a row, 1 person might guess the fates are heads today, another person will see this and say that's too many heads in a row, it is bound to be tails next posted by The ONEder Man |
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The time now is 1 December 2008, 21:39 php B.B. |