-JW- Posted January 20, 2013 Share Posted January 20, 2013 or understand that there is an element of luck and it is playing odds so there is no guaranteed way of winning There is a guaranteed way of winning. I'll have a tenner with you on that one?? Link to comment Share on other sites More sharing options...
ladyram Posted January 20, 2013 Share Posted January 20, 2013 It's compulsive gambling that's a problem, when it becomes a habit you don't want to give up. Like drinking, smoking or drugs, it is addictive and like most addictions, other people are affected by the damage it does, not just financially but emotionally. If a gambler knows they can go through life without having another bet, great. If they admit to themselves that they can't, then they have a problem. All too often gamblers get to the point where they are no longer in control of their habit but convince themselves they can give it up after 'one last bet'. It's possible, of course it is, you've got to want to do it though but first comes the hard bit of admitting there's a problem in the first place. Link to comment Share on other sites More sharing options...
Day Posted January 20, 2013 Share Posted January 20, 2013 I bet I can make you turn your hands over without touching them.......no not that way the other way Classic! If you don't know what I'm talking about I feel sorry for you Link to comment Share on other sites More sharing options...
-JW- Posted January 20, 2013 Share Posted January 20, 2013 I bet around £100 a week and on average i'm about £20 in profit per week. Never bet more than you can afford to lose is the golden rule. If you can stick to that, no problemo. Link to comment Share on other sites More sharing options...
froggg Posted January 20, 2013 Share Posted January 20, 2013 I bet I can make you turn your hands over without touching them.......no not that way the other way Classic! If you don't know what I'm talking about I feel sorry for you The wife's got the box set........... every ones a winner Link to comment Share on other sites More sharing options...
EastKentRam Posted January 20, 2013 Share Posted January 20, 2013 or understand that there is an element of luck and it is playing odds so there is no guaranteed way of winning In the short term there's luck, in the long term someone with the knowledge and work ethic will win. Link to comment Share on other sites More sharing options...
Boycie Posted January 20, 2013 Share Posted January 20, 2013 Whoever says "they're up" when it comes to gambling are in denial. What someone try and argue against that FACT. Link to comment Share on other sites More sharing options...
EastKentRam Posted January 20, 2013 Share Posted January 20, 2013 Whoever says "they're up" when it comes to gambling are in denial. What someone try and argue against that FACT. I'm not up, i've lost plenty down the years. Probably about 0.000001% of gamblers are long term winners. Poker and horse racing is my life, this is what i wana do, the chances of me earning enough to survive through this is probably about 0.00000001%, but it's what i love to do, just a kid with a dream. Link to comment Share on other sites More sharing options...
Bris Vegas Posted January 20, 2013 Share Posted January 20, 2013 Sorry, but your first three words have rendered everything you ever say in future to be completely irrelevant. Like I mentioned, my method is completely diffrerent to what has been used before regarding fixed bets... Plus I don't use any sort of bookies, I use betdash, which is primarily a 'game' not a bookies as such.. I'm telling you it does work, because I've been using it and winning.. And what I put in at the beginning is a fixed price, once again, not like a 'bookies'.. I put in $10 and it gives me virtual money of $100,000 and I use that to get to $1mill using various sorts of bets.. I've done it, and achieved it.. I'm not here to try and convince you that iy works or doesn't work.. I fully agree in that it would never work for fixed betting like roullete etc.. But if you know football and basketball, it's not impossible to do.. Like I said, I've achieved success with it.. So if you don't want to believe that, then what do I care? I Link to comment Share on other sites More sharing options...
EastKentRam Posted January 20, 2013 Share Posted January 20, 2013 Like I mentioned, my method is completely diffrerent to what has been used before regarding fixed bets... Plus I don't use any sort of bookies, I use betdash, which is primarily a 'game' not a bookies as such.. I'm telling you it does work, because I've been using it and winning.. And what I put in at the beginning is a fixed price, once again, not like a 'bookies'.. I put in $10 and it gives me virtual money of $100,000 and I use that to get to $1mill using various sorts of bets.. I've done it, and achieved it.. I'm not here to try and convince you that iy works or doesn't work.. I fully agree in that it would never work for fixed betting like roullete etc.. But if you know football and basketball, it's not impossible to do.. Like I said, I've achieved success with it.. So if you don't want to believe that, then what do I care? I Most people who dont understand betting think roulette, blackjack and sports betting is all the same. What they fail to understand is that it's all mathematical. Betting odds on sport are set by fellow humans (and then influenced massively by the exchanges, which is still people). In effect, it's their opinion on the outcome represented by a mathematical figure, the odds. This is their job, they're highly skilled and spend hours a day working on it. To beat them, you need to work dam hard to spot opportunitites where they've missed something and made mistakes in the odds they've given. Therefore to win at gambling you need to find value, to take opportunities where the odds offered dont represent the true odds of that outcome happening. It's virtually impossible to make any serious money from, even if you are able to do what I've just said, due to bookmaker restrictions etc. Link to comment Share on other sites More sharing options...
Duracell Posted January 20, 2013 Share Posted January 20, 2013 I don't see gambling as a complete evil, nothing wrong with a casual bet every now and again, but some of the stuff on here reminds me why I never intend to bet or gamble on anything. I get hooked on stuff very easily. Coffee will do. Edit: I also don't understand a single casino game. Even if I had the will to gamble, I just couldn't. Link to comment Share on other sites More sharing options...
Boycie Posted January 20, 2013 Share Posted January 20, 2013 Like I mentioned, my method is completely diffrerent to what has been used before regarding fixed bets... Plus I don't use any sort of bookies, I use betdash, which is primarily a 'game' not a bookies as such.. I'm telling you it does work, because I've been using it and winning.. And what I put in at the beginning is a fixed price, once again, not like a 'bookies'.. I put in $10 and it gives me virtual money of $100,000 and I use that to get to $1mill using various sorts of bets.. I've done it, and achieved it.. I'm not here to try and convince you that iy works or doesn't work.. I fully agree in that it would never work for fixed betting like roullete etc.. But if you know football and basketball, it's not impossible to do.. Like I said, I've achieved success with it.. So if you don't want to believe that, then what do I care? I well you seem to be going to great lengths to persuade us? Link to comment Share on other sites More sharing options...
Bris Vegas Posted January 21, 2013 Share Posted January 21, 2013 well you seem to be going to great lengths to persuade us? Because it can be done.. Like so many things in life.. There are a 1000 ways to do something incorrectly, but what's important is to find the one way to do it correctly.. This goes towards any betting scheme or other walks in life.. Someone is telling me the martingale system is flawed and will never work.. I'm saying there are a 1000 ways plus to fail at that system but there is a way to make it successful.. So far my results show that I'm on track and I don't see why it will fail in the future.. One of favourite movie quotes was regarding Thomas Edison.. People say he failed after 2000 attempts, he said he didn't fail, he just found 2000 ways not to do it before he found the correct way. Link to comment Share on other sites More sharing options...
eddie Posted January 21, 2013 Share Posted January 21, 2013 Bris: Sorry if I was somewhat abrupt - I'm not trying to pick an argument or anything (well, no more than normal), but as a mathematician AND a gambler, I feel confident to state that the biggest flaw in any betting system that relies on trying to cover all previous losses with your next bet (such as Martingale) is that, in the long term, your losing streak will go on for so long, no matter how ridiculously favourable the odds for the next wager might be, that you will not be able to afford the stake for the next bet or it will exceed the house limits. That's why they have house limits. The details are irrelevant. I'm not suggesting that in the short term you cannot win - what I'm saying is that in the long term you WILL lose. The only question is how long long-term actually is. Any other outcome flies in the face of mathematical probabilities. That's not to suggest that you shouldn't play of course. I play roulette, and I love the game - but I wouldn't ever EXPECT to win. In the UK, we have a single-zero wheel which only gives the house a 2.7% 'edge' - but that's still enough to ensure that in the long-term (whether that be weeks, months, years or decades), they will get my money and I will not get their casino - but it's still fun trying and they do give me free coffee and sandwiches. Link to comment Share on other sites More sharing options...
EastKentRam Posted January 21, 2013 Share Posted January 21, 2013 Because it can be done.. Like so many things in life.. There are a 1000 ways to do something incorrectly, but what's important is to find the one way to do it correctly.. This goes towards any betting scheme or other walks in life.. Someone is telling me the martingale system is flawed and will never work.. I'm saying there are a 1000 ways plus to fail at that system but there is a way to make it successful.. So far my results show that I'm on track and I don't see why it will fail in the future.. One of favourite movie quotes was regarding Thomas Edison.. People say he failed after 2000 attempts, he said he didn't fail, he just found 2000 ways not to do it before he found the correct way. As eddie said, it cant be done long term though. Even the most profitable and experienced gambler in the world will at some point have a losing run of at least 8 bets or so. It's just basic maths. At some point if you carry on betting for the rest of your life, you will have a run of results that will cripple you if you fully commit to the martingale system. The system relies on doubling your stake each time, if you're not doing that then you're not using that staking plan so in effect this argument is pointless. But if you're doubling your bet each time you lose, which you said you were doing, then you will lose a lot of money at some point, that's a guarantee and i'll happily take that bet. Link to comment Share on other sites More sharing options...
eddie Posted January 21, 2013 Share Posted January 21, 2013 Just to take this explanation a little further, the idea of Martingale is to show a net gain of one unit of stake - just one. That's based upon an even-money bet. Let's suppose we are betting on red with a house limit of 1000 units. We stake 1 unit, it comes up black. We're 1 down, so we stake 2 units. We lose again, so now we are 3 down. So we stake 4 - each time, trying to get back to +1. It's easy to see that we can only afford 9 successive losing bets, because that will leave us 511 units down. Our tenth stake of 512 has to win otherwise we would have to stake in excess of the house limit. Yes, but what are the odds of such a run, you might ask. Even if it was 511-1 (which it appears to be at first glance), that's something that is likely to happen once every couple of hours in a casino based upon a typical 5 roulette wheel layout (usual in the UK) operating at one spin per wheel per minute. It's actually much less than that because of the zero - the extra 2.7% in favour of the house. There is a way of delaying the inevitable - making it a little less likely, perhaps - by staking your bet against more numbers at bigger odds. This means that you are operating at a lesser relative stake. Let's assume that you are playing a group of 6 numbers, which will pay you at 5-1 plus your stake. Because of the better return, you don't need to increase your stake so often - so your successive stakes would be as follows: 1, 1, 1, 1, 1, 2, 2, 2, 2, 3, 3, 4, 4, 5, 6, 7, 8, 9, 11, 13, 15, 17, 20 etc, so even with 21 losing bets on the trot you still only need to stake 20 units to recover your losses.. After a further 13 losing bets though (34 on the trot), you are already 1034 units down and needing to wager a further 173 units on the next spin. Five more losing spins and you are more than twice the house limit in the hole - and if you don't win in the next four spins you've probably given your wife grounds for divorce because you are over 6000 units down. The only way you can win now is by moving your bet down to cover 4 numbers (8-1 plus return of stake) - you get two pops at that before you are over 9000 down and have to go for longer and longer odds searching for the win to get your original stake back. 47 losing bets and you are more than 36,000 units down, so even at 35-1 plus stake for betting on a single number, Martingale fails. Of course, that's an extreme case - and casinos have much, much lower house limits than the one I outlined above - and those house limits are based upon the return odds. You usually cannot bet more than 100 units on a single number - so you (luckily) will hit the house limit way before you lose your girlfriend, wife, house and shirt (in that order). Link to comment Share on other sites More sharing options...
GeneralRam Posted January 21, 2013 Share Posted January 21, 2013 You want a sure fire way of winning some money? Free cash? Then read this what I have been doing for the past few weeks. Keep your eye on TopCashBack/QuidcoCasinos often offer £50 cash when you bet and stake £20.Do it, bet your £20 - if you win/lose cashout whatever - this means you are at least £30 up. Made about £200 in the last couple of weeks when I am bored at work. Link to comment Share on other sites More sharing options...
Boycie Posted January 21, 2013 Share Posted January 21, 2013 Eddie, maybe Albert could assist you with some graphs, pie charts and *****. We can under stand them. Link to comment Share on other sites More sharing options...
observer Posted January 21, 2013 Share Posted January 21, 2013 this has been spoken about before trust me it doesnt work out hahaha Link to comment Share on other sites More sharing options...
eddie Posted January 21, 2013 Share Posted January 21, 2013 Eddie, maybe Albert could assist you with some graphs, pie charts and *****. We can under stand them. All you need to understand, Boycie, is that casinos will eventually win. Link to comment Share on other sites More sharing options...
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