1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice
  3. Discussions in this section are assumed to be EV- as they are outside of the Advantage Play section. For EV+ discussions, please visit the Advantage Play section.
    Dismiss Notice

Roulette Oxymoron

Discussion in 'Roulette Forum' started by TurboGenius, Mar 18, 2017.

  1. Dr. Sir Anyone Anyone

    Dr. Sir Anyone Anyone Well-Known Member Lineage to Founders

    Joined:
    Feb 18, 2015
    Likes:
    934
    Occupation:
    Shoe Cobbler
    Location:
    Merica
    Turbo,

    Regarding the max bet limits...your statements simply aren't accurate. It's not to prevent systems from working. It has more to do with keeping variance within a casino's comfort level and game protection from cheating. Besides many casinos will raise the max bet limits once they get to know you.

    A progression can't turn a losing system into a winning one in the long run.
     
    Last edited: Mar 21, 2017
  2. TurboGenius

    TurboGenius Well-Known Member Founding Member

    Joined:
    Jan 25, 2015
    Likes:
    1,794
    Occupation:
    Self proclaimed Theoretical Philosopher
    Location:
    Near Atlantic City New Jersey
    And they raise the minimum bet level as well. Nothing changes other than the ratio, a progression won't work any better or worse with higher limits when the min is higher also.
    Regardless - none of that is needed, a short aggressive progression is all that is needed.
    And "long runs" are certainly a bunch of "short runs" combined.
    So if I win all of the "short runs" and combine that result, I've won long term also. Grins.
     
    soxfan likes this.
  3. TurboGenius

    TurboGenius Well-Known Member Founding Member

    Joined:
    Jan 25, 2015
    Likes:
    1,794
    Occupation:
    Self proclaimed Theoretical Philosopher
    Location:
    Near Atlantic City New Jersey
    Wait, what ? How is that possible ? The casino has the edge and no one could possibly win (laughs). Hmm.
    There's that "luck" word again. Shame people still use that.
     
  4. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    Then how do you explain the Ken phenomenon?
    MrJ wins flat every time, he just picks the winning numbers and takes his time on the roulette table.
    No progression, no hit and run, analyze this!
     
  5. eugene

    eugene Well-Known Member

    Joined:
    Jun 29, 2016
    Likes:
    415
    Location:
    united kingdom
    There is another way to look at this as well!

    If you started with a dollar and let it ride 15 times, you would win $32,000. So capping it at around level 9 means you can still win $1,000 after placing the final $500 bet. I am sure paying out 32k for a buck doesn't sound appealing to the Casino. Now of course, the casino would be happy enough to pay you out a buck for risking the final $500 bet and losing $1,000 in the process if the bet loses. That's sheer stupidity in itself, however even someone crazy enough to do that isn't going to place a $16,000 bet to win a buck and risk losing $32,000.
     
    BlueAngel likes this.
  6. Bobby

    Bobby Member

    Joined:
    Jan 27, 2017
    Likes:
    17
    Location:
    Clayton, MO
    *writes down in notepad...
     
  7. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    Very well said Eugene, that's why I agree (or disagree) partially with TG because not all of the progressions are the same, therefore it's not possible to turn any bet selection into a winner by just applying any progression.
    I agree with Michaela that the first thing one should look is the selection and after for the proper progression.
    The common ''Achilles heel'' of the vast majority of the progressions is that their risk versus reward ratio is very unbalanced, they risk too much to win 1 or 2 units per coup.
    We shouldn't be surprised why such approach will not be a long term winner.
    In roulette as in life you can never say never...given sufficient time everything can and will happen.
    So why to go against the current, why to bet against a probability instead of embracing it?
     

  8. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    Are you Bob Dancer or ''EvenBob'' from WOV?
     
  9. Bobby

    Bobby Member

    Joined:
    Jan 27, 2017
    Likes:
    17
    Location:
    Clayton, MO
    Nope, just Bobby. I have never used that site. In fact, I never really discussed much anywhere because I have never found a place where people aren't bickering 24/7. A productive area for discussion is all I want, and so far this forum is the closest I have found. I have an account on R.cc & Betselection but never use them.
     
  10. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    Me too, despite too much useless info and negativity you could find something really good once per 100 posts.
    I'm of the opinion that this forum and betselection are the best regarding gambling and that because members are different.
    No matter how well developed a forum might be, members are its ''soul'', thus the most important piece of the puzzle.
     
    Last edited: Mar 22, 2017
  11. mr j

    mr j Well-Known Member

    Joined:
    Jun 7, 2015
    Likes:
    1,812
    Occupation:
    self employed
    Location:
    Milwaukee, WIS

    I love it when a person says....EVERY TIME, as if looking for a fight. I dont win every time, never said that.

    CORRECT >> flat betting, I take my time, no progression, no hit/run (usually but open to definition).

    Ken
     
  12. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    When you have a predefined winning goal such as 40 to 50 units and you achieve it by risking up to 200 units, this is not hit and run according my perspective.

    Perhaps not every time but overall is what matters most of all.
     
  13. mr j

    mr j Well-Known Member

    Joined:
    Jun 7, 2015
    Likes:
    1,812
    Occupation:
    self employed
    Location:
    Milwaukee, WIS
    The thing about hit/run......lets say I start playing. I can make big plans (not at casino) for later that night, if I so choose. I get some bigger wins EARLIER than I normally do so I decide to leave. Is that hit/run?

    Ken
     
  14. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    Since you don't risk more than your session's bankroll it's not hit and run.
    But let's say someone has 1000 units bankroll and 10 units profit goal, this is hit and run.
    You see, hit and run is not about amount of spins/time, but the profit, if you risk disproportionaly money in regards to your profit goal, it's what we call hit and run.
    A profit goal cannot be known beforehand if and when is going to be achieved, it could be in 1 spin or 100 spins or 1000 spins, but profit is profit.
    Usually we set profit goals per session and not amount of spins to play.
    However, someone might establish a target such as: after 1369 spins (37x37) I'd be on profit, how much I don't know but all I know it'll be positive.
    While someone else might say: I'll win 1369 units, when is going to happen I don't know, but I'm certain that I'll win this amount.
     

  15. mr j

    mr j Well-Known Member

    Joined:
    Jun 7, 2015
    Likes:
    1,812
    Occupation:
    self employed
    Location:
    Milwaukee, WIS
    Usually (not always), regarding profit goal........I'll do 1.5 of a gross hit. Meaning, if I am doing $20 bets ($700 gross hit), I'll quit around +$1,000.

    Ken
     
  16. BETJACK

    BETJACK Active Member

    Joined:
    Feb 21, 2017
    Likes:
    39
    Location:
    Flath Earht
  17. Michaela

    Michaela Member

    Joined:
    Dec 18, 2016
    Likes:
    21
    Location:
    3rd Rock from the Sun
    Either the house edge "works" or it doesn't. It's there on every spin so there's no question of avoiding it somehow by keeping sessions short, that should be blindingly obvious. You need to test your system over a long range because in the short term, depending on how many numbers you play, the variance (luck) will dominate. This is what fools systems players into believing that they can win. As TG has demonstrated, numbers can remain positive for 1000's of spins, but a longer sim will reveal the truth.

    In fact, TG contradicts himself because if the solution is to pick the currently hot numbers then why should the house edge matter at all? If it worked it would be like playing a biased wheel, so the more spins played, the more you would win. But he admits that it can't be avoided and his solution for that is to use a progression. The progression is supposed to "overcome" the house edge, the same house edge he's apparently already beaten by betting on the hot numbers. :confused:
     
    Last edited: Mar 23, 2017
  18. BlueAngel

    BlueAngel Active Member

    Joined:
    Aug 27, 2016
    Likes:
    83
    Location:
    nowhere
    I've won 6000 spins with flat bets on one number at a time (only 1 but not the same).
    Final result was more than 4K units net, do you call it luck?
    A regular session for me is from 100 up to 300 spins, how much I've to win in order to stop wondering if I'm lucky?!
     
  19. Michaela

    Michaela Member

    Joined:
    Dec 18, 2016
    Likes:
    21
    Location:
    3rd Rock from the Sun
    BlueAngel,

    The math:

    35 x N - (6000 - N) = 4000
    N ~ 278 wins.

    That would be more than +9 standard deviations. You don't get that kind of result picking hot numbers on a random wheel, so either you found a biased wheel or you're full of cr*p. ;)
     
    Last edited: Mar 23, 2017
  20. Fossell

    Fossell Active Member

    Joined:
    Apr 20, 2016
    Likes:
    152
    Location:
    UK
    I'll be honest. I don't give a shit about the house edge. I'm not playing long enough for it to matter.
     
    soxfan likes this.

Share This Page