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[alrelax]

Without a link, I will post some of the highlights.....I think it is 'hugely pertinent' to systems and everything else that falls under, 'For sale....riches at the casino for only $49.99', etc.  Whatever price, doesn't work, can't and will not in the science it is conveyed to function.  Throw them all in there, the systems, the methods, the personal trainers, all of them. 

Anything and absolute everything from straight loss to straight win---can and will happen in the short term play period.  What is short term?  30 Minuets, 2 Hours or a few shoes???  Varies, no control./  But one thing for 100% certain, the longer you play, will always be detrimental to yourself and your buy-in.  Always, always, always.  The longer you play the greater you are increasing the odds that the house edge will excel and inflict you with multiple and continues losses.  Hence--everything the casino is set-up and operates under to keep you at the tables or the machines.  (I am not getting into those here, enough already written and published about those tactics, etc.)  This is about systems and the Holy Grail that fools fall prey to. 

____________________________________________________________________________________

" $30,000 Betting System Challenge

Eight years and counting without a taker
(started April 2008)


Last update: October 2016


Any betting system that promises to make you a winner is a scam, and I'm so confident about this that I'm putting my money where my mouth is:  I'll wager $30,000 against any system seller's $3,000 that their betting system can't beat the house.  (Or I'll wager my $10,000 against their $1,000, if they prefer.)  My goal is to show that anyone selling a "winning system" on the Internet for $29.95 (or whatever) is nothing more than a fraudster.  Tellingly, not a single one of them has ever put their system to the test with me.  The reason is simple:  They know their systems don't actually work.


I hope it's also obvious to everyone that if someone had truly figured out a way to beat the house, why would they need to sell that secret for $29.95?


Years ago the Wizard of Odds used to offer a similar challenge, but after many years he had only one legitimate taker.  (The challenger lost, of course.)  The Wizard eventually stopped offering the challenge because almost nobody ever went through with it and it was a waste of time dealing with inquiries that went nowhere.  So I picked up where he left off and offering a similar challenge myself, but the results have been similar—despite lots of inquiries nobody's actually gone through with it.  And pointedly, none of the inquiries have come from system sellers, they're from people who just think they've invented a winning betting system.
Of course, if anyone figured out a way to win and wasn't selling their system to the public, they could just play in the casino themselves, and have no need to try to win my $30k.  I'm 100% confident that no such system actually exists, but there's no way for me to prove it, because anyone who actually had such a system wouldn't take my challenge.  But I can prove that systems being sold to the public are junk, because anyone willing to part with his system for $29.95 (or whataver) should be falling all over themselves to try to win my $30k.  The fact that not even one system-seller has even tried to win my $30k proves my point:  Any system that you can buy is garbage.

The challenge is actually available to anyone, whether their system is being sold to the public or not.  While those not selling their systems would be expected to just employ their systems in the casino rather than going the challenge route, some would-be challengers thought that it would be quicker to win the $30k from me through the challenge than to win it in the casino.  (They all backed out, though.)  So the challenge is available to anyone, as long as they agree to my very generous terms.

In addition, I offer a $1000 prize to anyone who finds an exploitable flaw in my challenge that could result in someone beating it.  That is, you don't have to put up any of your own money to get the $1000.  See the details below.


So, here are the terms of my challenge.

Bluejay's $30,000 challenge
1.The Challenge.  I will wager my $30,000 against your $3,000 (or my $10,000 against your $1,000, if you prefer) that your betting system cannot beat a game of roulette, baccarat, or craps, as the player, using common Vegas rules, starting with a generous $5000 bankroll (play money, not real money), in a computer simulation, as per the additional terms below. "

___________________________________________________________________________________

I simply love the following paragraph and it is so true, so vivid and so real that it speaks volumes for itself.

Put your money where your mouth is and sell that system without doubt.  Every system seller would do this if the seller had a viable product.  Why not, free money--fame--glory and like the boxer that knocked out the champ--INSTANT SUCCESS, rock solid 1,000,000%, so on as so forth.
___________________________________________________________________________________


" No one has ever accepted this challenge

One reader said that a system-seller claimed to have beaten my challenge (or perhaps the Wizard's challenge, he wasn't clear).  Let me be clear: no one has ever even accepted my challenge, let alone beaten it.  And the one person who accepted the Wizard's challenge (back when he offered it), lost it readily.  Anyone who claims they've beaten my challenge should show you the alleged contract we signed, listing the supposed escrow agent, allowing you to verify whether any challenge really took place. "

____________________________________________________________________________________

I have watched people come and go from the casinos, multiple casinos in numerous states.  All with their play the cut, wait until the 3rd or 4th repeat and then wager heavy on the other side, wait for this or that.  Do this or that.  Etc., etc., and so on.  Sorry people, doesn't work like that. 

But I do like the way this guy has been openly addressing systems for sale on the internet.  I really like it a lot.   

[alrelax]

BTW:   I am not making fun of or picking at anyone on here that might have purchased a 'system', 'training' or anything of the likes, I am simply stating fact and religion in 'real' gambling.  Not to make a fool out of anyone, I guess in attempts to stop a gullible potential victim and maybe he/she can think before handing over their $$$.  That's all, thanks, and all IMO, of course!

[Qswaggerstupid18]

LOL!

[21 Aces]

The Dark Wizard and his Black Riders also advise on betting only on Bank and that baccarat requires no skill.  Furthermore, their _hit house is firm believer in THE LONG RUN for it is the Dark Wizard and his Black Riders who will determine when they have seen enough of your win.  The Dark Wizard most likely has played very little and with very little money ever.  He is not a player.

[21 Aces]

What about his own bro advice?  Bet on Bank only.  Sounds like a winning system to me.

[alrelax]

What about his own bro advice?  Bet on Bank only.  Sounds like a winning system to me.

No commenting on advice, advice is subjective.

I was bringing out this point:

....."No one has ever accepted this challenge"......

[Lungyeh]

I always like to draw analogies of baccarat playing with the harsh realities of business. And I find it amusing that there are so many discussions and assertions that the game cannot be beat in the long term. Stories of how a particular gamer having won consistently over many years was finally wiped out by a series of losses. It is so schadenfreude.

Truth be told, in business as in baccarat, one has to be able to plan and adapt consistently. Or fail in the long run. Successful businesses have also failed in the long run because of failure to adapt. Nokia comes to mind. Big investment banks like Lehmann Brothers also collapsed. Chrysler was bailed out. So many examples. Smaller obscure firms fail by the hundreds of thousands after 3, 5, 10, 20 years when they fail to adept and cope with changing situations.

Going by the same argument, if we say businesses are likely to fail in the long run, don't ever start a business? Just like we argue for baccarat cannot be beat in the long term.

Someone did say on this forum that many have lost millions or hundreds of thousands trying to prove that the game can be beat. I am one of them. 😔😔. But I remain certain that there are criteria to develop 'The Perfect Gambler'. That will now be the title of my book under development (actually, REdevelopment! Because it must be validated by results which has been difficult). The Perfect Gambler must win most of the time or every time he visits the casino. And more importantly, the Perfect Gambler must be in control of the time he spends in the casino. He leaves on time every time or even earlier; he never misses an appointment because of his casino sessions.

[alrelax]

Lung, I know where you are coming from.  It is truly all in perspective in gaming as well as business.  I have done both to the extreme and I know you have as well from our board discussions as well as our other off-board ones.  So many analogies and so close in nature. 

The word 'beat' is used easily by so many with different meaning from equally as many.  Beat to some will mean employing a system of some type repeatedly and taking the casino down for unlimited amounts of profit whenever we play.  And, yet to others the word beat may mean, possessing a few key-triggers and employing extreme willpower and patience and being able to win $300 or $500 almost every single time they go tot he casino. 

Even the term/title, 'The Perfect Gambler' can be construed by two gamblers as two different things.  And hence the point I tried to make that apparently failed within my topic, "On-line gaming Vs. Casino gaming" with the point of bringing out where the member that does one or the other, comes from within their writings and answers on the board here.

[Gizmotron]

Lungyeh, can't wait to read your book.

[brokerny]

How does anyone feel about a martingale progression to the 10th hand? any possibility this could work?

[marinetech]

How does anyone feel about a martingale progression to the 10th hand? any possibility this could work?

Are you insane?
Lets start at a dollar bet ok.
1
2
4
8
16
32
64
128
256
512
You lose the 10th, your out 1k and if your playing 1 dollar a hand, forget it, you won't sleep or eat for days....
Forget the martingale. And if you play bigger limits its even more unrealistic for 2 reasons. Bankroll and table limits....

[Qswaggerstupid18]

A 10 STEP MARTINGALE PROGRESSION!!!!!!!!!!!........ LOL    NO NO NO WAY!!!!!!!!!!!!........ LOL      Honestly I ONLY use a 3 step progression!! 1-2-4 ... think about it, you need to at least be able to recovery it!!.... I don't mind being -7 ...Its simple to recover!!.... do you use any Virtual betting Marinetech?

[Qswaggerstupid18]

I mean brokerny??

[marinetech]

A 10 STEP MARTINGALE PROGRESSION!!!!!!!!!!!........ LOL    NO NO NO WAY!!!!!!!!!!!!........ LOL      Honestly I ONLY use a 3 step progression!! 1-2-4 ... think about it, you need to at least be able to recovery it!!.... I don't mind being -7 ...Its simple to recover!!.... do you use any Virtual betting Marinetech?

No, I will sit on my hands and see what's going on. I don't use a system, I go with what the board is doing. If I see X amount of singles or doubles coming in, I play for them. If I see a line with x amount of Players or banks, I will play that when that line comes up again. that's all, No magic because doesn't help at all. I just try not to overthink it but even so, you still get buzzsawed to death at times.....

that's why its called gambling.......

[alrelax]

Ref 10 hands:

Las Vegas, Mid strip usually limits are $100 to $10k or $200/$300 min to $15k  or $300/$500 to $20/$25k. 

$100
$200
$400
$800
$1600
$3200
$6400

most tables you are maxed out on the 7th hand and risk huge money to make 1 unit of $100 or something.

other off strip properties can be $10 to $2,0000 or $25 to $3k or $5k depending on property, could also be $50 to $5k.

Most players will do 3, maybe 4 progressions at times.  It is the single most common way to hurt, hurt real bad.