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Intro Gambling VS Trading

Discussion in 'Introductions' started by MrBullbear, Jun 4, 2023.

  1. MrBullbear

    MrBullbear New Member

    Joined:
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    Occupation:
    Retired
    Location:
    UK
    Hi all.

    I am interested in live casino games and playing mainly at online sites.

    I have been playing for a couple of years but only managed to break- even.

    Before this I also did some trading Forex and stock/share - again with break even results.

    The forum have both categories covered but from trading perspective a high/er R:R is as important as the winning ratio plus good set-ups (bet-selection)

    Is the trading approach possible with mainly binary outcomes with casino games eg Baccarate / dragon-tiger / roulette (black-white) etc?

    Furthermore I have seen on YouTube of charting conversion (Excel) from Baccarat simulation shoes.
    BNB simulation - Banker Index Chart.

    what’s is the forums view or experience of combining the trading and casino games ?

    sorry for my poor English.
     
  2. gizmotron

    gizmotron Well-Known Member Founding Member

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    Just watch this and consider that the math is attempting to be predictive when it can't. You don't play Roulette with very large numbers of spins. You play at most 10 hours at a time, about 300 spins, at a busy B&M casino on a weekend.

     
  3. gizmotron

    gizmotron Well-Known Member Founding Member

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    Many people have no idea why they lose all the time when they gamble.

     
  4. Nathan Detroit

    Nathan Detroit Well-Known Member Founding Member

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  5. gizmotron

    gizmotron Well-Known Member Founding Member

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    Occupation:
    Retired
    Location:
    The West Coast of USA, RV'ing
    It helps a lot if you are able to watch the videos on a screen that shows the whole video, like a laptop or a larger tablet. It also helps to listen to what Adam Khoo is saying. It applies to my Reading Randomness thread in that I have applied the moving averages concepts of support and retracement to the explanations.
     
    Last edited: Jun 6, 2023

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