System selling Scammers are a dime a dozen. But sometimes it is not always a question about a scam. It can easily be a question of mathematical ignorance.

Many years ago I used to know this kind looking, rich and extremely intelligent professor in economics in Sweden. He had won a certain fame for having authored a book about implementing Point and Figure Charting in the Stock and Options Market. That gave him a good social network in the higher echelons of the Scandinavian Market.

The thing though was that when this guy went into pension, he started spending a lot of time with his hobby which was roulette. He developed many Land-based systems, but all of them dealt with street betting with various degrees of point and figure implementation on the bet signal.

He made many travels down to Bad Homurg, Wiesbaden, Travemunde, Baden Baden and some other German Casinos and soon enough became a well-known visitor and esteemed client to the VIP Managers of said Casinos.

The thing though was that he also got to know new players and started to sell his various systems at a really juicy price of 50,000€ a pop. All backed up by his past title and book of course as evidence of his seriousness. Once when I sat at his mansion and tasted one of his homemade Ceasar salads, a "client" arrived and joined us. It was quite a wealthy man and owner of several large luxury restaurants in Stockholm.

Sitting there munching my salad I saw this well-dressed fine mannered professor pitching this guy on his latest system at a price close to 75,000€. The guy loved roulette and listened like a child listening to his daddy telling a story before sleep. After an hour they rose up and the professor told me its time to pay a visit to the Casino Cosmopol (a luxurious one in Central Stockholm) and show the client how the system was implemented.

The thing was though that I had paid him a visit to explain to him that his system could not work on a sufficiently long set of bets due to variance problems.

As his client went out to the large mansion parking, the professor turned around and answered: "Very true, but the client can never prove that mathematically in order to get his money back."

I asked him why he did this. He certainly didn´t need the money as he was very well situated. He responded that Roulette was his passion and selling systems just was a way to verify his own inventiveness in this area, not to forget he finished as we walked to our cars, he had discovered the pricier he made the systems he sold to his rich clients the more eager they were to buy them considering he was a well-respected name in the finance industry.

It taught me a lesson that in this business sometimes money is not the only reason certain people choose to sell "systems", it is also a way to verify your own assumed ingenuity.

Consequently one could say that this grey area business is not always about shameless greed in some of its peddlers, but also incurable intellectual vanity in others.

Thanks for the cautionary tale

Like a fellow with some common sense inside would say: "You don't sell the holy grail, you use it".

(You can never repeat it enough to people...)

I have wrote extensively on this and usually 6 or so members turn my words against myself,   however, sellers of systems will never refund money even when they claim they will.  From my communications with some people that got sucked in. 

I guess that people capable to pay $50.000 or more for a not working system would come back to the seller with a couple of really bad guys. No need to prove that mathematically.

For that matter it should be done even for smaller sums.

as.   

   

Quote from: AsymBacGuy on September 26, 2017, 01:49:18 AM
I guess that people capable to pay $50.000 or more for a not working system would come back to the seller with a couple of really bad guys. No need to prove that mathematically.

For that matter it should be done even for smaller sums.

as.   

We do it in person,  in the flesh.  Prove it and walk with the money,  simple!!!

Quote from: alrelax on September 26, 2017, 03:48:21 AM

We do it in person,  in the flesh.  Prove it and walk with the money,  simple!!!

Exactly Al.

I'm publicly offer $20.000 to any system seller capable to show me why his/her system should work besides what is already published or acknowledged or, most importantly, written here.

For that matter I count that me and Al could raise the offer to $60.000-$70.000, but I suggest to any foolproof system claimer to be really sure about his system.

I guess we won't get any offer, isn't it Al? :-)

as.

As,  we won't cause they realize they would have to prove it in person. Hence no way to cheat and pull one over on us , lol, 

I am at a casino I have not played at for sometime.  There are all new players here except one person that survived the entire year I have not been around here.  A few players admittedly told me of their systems they use and they admitted it was still right at 50/50 but if they did not employ their gut feeling/guessing, they would not be able to capitlaize on any of the longer streks, chop-chop or events from happening where they really make their money.  Their systems they told me only allow them to survive without losing large sums of money if (and only if) they DO NOT chase or go into negative progression to recoup. 

I never had the honesty I had this week from players.  But these are all over 50 years old with many years of playing to tell you the truth.

I seen a new outlook on the younger players with the larger money they are willing to risk, seriously sad. 

I defined the difference what was lurking in my frame-of-mind concerning systems and "playing otherwise".  With a system you will generally only prevail with a shirt term abrupt chop/cut,  you will not prevail when the is strong, repeating and giving the player a huge chance to just rack it in, as they say.  I have specifically watched people play with definitive systems,  they will realize wins when the shoe is generally producing 1's, 2's and 3's but the huge drawback is the adherence to either their system or more of other protocols in playing. 

The variance and what shoes will present will be varied greatly thus, not allowing a systems player to continue winning no matter what the is presenting, 

For detonation of a system herein, that means a set wagering protocol where the shoe has to produce a series of hands to match your scheduled betting agenda.  Which in reality will always be a short irregular pattern.  That system betting will forbid your thought process to catch say, a 7 to 15 run streak a 14  hand alternating chop Every time. 

Look what I got in my email inbox:

"Tips & Tricks To win Roulette Casino 100% Wining Guaranty.
You can win 3000$ (Three Thousand USD) per Month for Sure.
Simply Buy My DVD & Learn How to Play.
Win every Game and remain Unbeaten.
100% Money Back Guaranty.
Plz Contact : jhsmithuk01@gmail.com
Thank You

https://www.youtube.com/watch?v=AVTL80A5GbI"

DISCLAIMER: I'm not endorsing, nor related in any way with any systems sales!

Good Luck in the refund area.  Check back with their reviews and feedback in a few months.  See what comes about. 

QuoteSee what comes about

I don't have to...

Here is the bottom line.  Why do systems sell?  Why do books sell that promise but are just full of riddles?

https://www.yahoo.com/lifestyle/apos-happens-ask-americans-locate-184013041.html

Watch this and the answers lies within.

Because there are so many, without a simple clue.