Our members are dedicated to PASSION and PURPOSE without drama!

Menu

Show posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Show posts Menu

Messages - 8OR9

#166
From what I heard from some Vegas old timers was that Oscar was a real person named Oscar and used the method playing Pass or Don't Pass at craps in the early 1970's or thereabouts.

Supposedly he did fairly well with the method....maybe he changed some of the rules to limit his losses.........but no one knows for sure.



 
#167
General Discussion / Re: Forex scalping
January 08, 2019, 04:45:23 AM
You have a better chance of getting hit by a comet than making money trading the Forex...….just my humble opinion.
#168
Any independent documentation available?
#169
Too bad you can't use this in a brick and mortar casino......in Vegas, if are caught using a computing device, it's 5 years in jail and a big $ fine.
#170
Well if you ever start a tout service, I'm sure you will have a GOLD monthly subscription for $ 1000 a month, a SILVER monthly subscription for $ 2,000 a month and a PLATINUM monthly subscription for $ 5,000 a month for the "serious" bettor.....so PM if you do start a service and I will send you a cashiers check for the $ 5,000 PLATINUM service so I can start hitting those  79 %  winners.

But I am very happy that you have said that you are selling NOTHING!

Here is some interesting reading for forum members who may not be familiar with tout services.

https://www.onlinebetting.com/touts/
#171
Well if you are hitting 79% winners in the NFL, you have done something no one has ever has done in history....where you are really, really lucky to hit 53% or 54%

Your wouldn't by any chance running a tout service ?
#172
In Vegas , the National Football League is called the National Coin Flip League by sports bettors because if you try to handicap an NFL game, you might as well flip a coin to decide which side to bet on.

The line is too accurate and there are only 16 games a season so there is not a long series of games to get a handicapping handle on a team. 

Basically it is impossible to beat the NFL long term.

If you bet on sports, it's best to bet mostly underdogs since you have 2 ways to win.....     , 1. if the underdog loses but covers the spread and 2, if the underdog wins outright.

The favorite must  1. win outright and 2. cover the spread...... which is 2 ways to lose.

Also you should occassionaly bet the money line where you don't have to worry about beating a point spread, such as baseball which is a money line wager......... except for betting total runs scored in a baseball game where you have to bet the totals line such as betting wether totals run scored will be over or under 8 runs.


Like all other gambling propositions, or starting your own business such as a restaurant, retail store etc etc......you need a very, very, very big bankroll to withstand the inevitable downturns and losses.

#173
Wannawin's Library / Re: Power Matrix Roulette System pdf
September 16, 2018, 03:47:22 PM
Asking for a credit card is definitely a red flag which says..............stay away..............looks like another caveat emptor.
#174
1. "In the long run, we are all dead"   John Maynard Keynes

2. If you think that everything "evens out" in the long run, if you flip a coin 10,000 times,  I will bet anyone that it will not end up 5,000 heads and 5,000 tails.
#175
General Discussion / Re: @SPUTNIK
June 30, 2018, 02:00:19 AM
I can see how you got one bet which was   2  1    then bet 2

But how did you get the other bet...such as the 3rd bet from the top where you won the bet and the net result was a -1 and you had a 2 2 2 2 2 2 1 1 2 and you won the last 2 bet which I do not understand,
#176
You don't put the whole bankroll at risk if you use a small % of bankroll for each bet.

For example, if your total bankroll is $2,000, risk only 1.5 % of bankroll on each bet which is $ 30.....and only rick 8 % of bankroll on each session which is $ 160.

A session can be any number of bets or shoes or spins that you feel is conservative.



#177
I wrote this post a few weeks ago in the General Discussion Forum......my opinion as to the best way to win in the long run.

It all comes down to :

1) Having a sufficient bankroll to withstand the inevitable large drawdowns

2. Having a very conservative money management method where you can recover the drawdowns........ since we are all playing negative expectation games and will win less than 50 % of our bets, we will eventually have to increase our bet size to win more money on our winning bets than we lose on our losing bets.




Follow these 6 steps and anyone can beat the casino at any game,...... dice, baccarat, sicbo, roulette ....

If you can't follow all these 6 steps, you will probably  lose.

1. Select a bet size where by your bankroll will not run up against the table maximum when you use your money management methodology to recover from a drawdown.

2. Use a very conservative money management methodology where you can recover a significant drawdown without hitting the table maximum......for instance, play at 
a $ 15 dollar minimum table and use a money management methodology  such as
111111111111111 22222222 etc etc ....

where you bet 1 unit, and if on any series of bets you are down 15 units, then bet 2 units until you are ahead 1 unit and then go back to betting 1 unit...there are of course many other methods you can use......but they must all be conservative.

3 Ensure that your bankroll can withstand a 100 unit drawdown flat betting

In the above example, your bankroll should be at least  $ 1,500

if your bet size is $ 15 ( $ 15 bet size x 100 unit worst case drawdown = $ 1,500 )

4. Make sure that your bankroll is in real dollars, not some wet dream,  and place the bankroll and all the accumulated future profits and losses in a separate place,,,,,,,,,such as a small portable safe.......walmart sells one for about $ 30.

5. Keep a spreadsheet of your beginning bankroll and all future profits and losses

6. You must have patience to follow your money management plan and not go on "tilt" like poker players who are on a losing streak.

Size your bets using your money management methodology so that you can eventually make up your drawdown even if it takes 3,4 or 5 sessions of betting.

Number 6 above, patience, is probably the most important......trying to make up a drawdown by raising your bets too large and too fast and neglecting your money management, methodology will probably ruin any chance or achieving profitability.

Also, if you are using an aggressive progression betting system ( like a labby,  reverse labby etc etc ) , all the above gets much more complicated since you can easily lose 10 to 20 units in a bad shoe...and you will have numerous bad shoes.

Using an aggressive betting size where you can lose 10 to 20 units on a  series of bets requires a much more intense analysis of bet size and money management methodology versus flat betting....... and requires a very, very, very large bankroll because if you use an aggressive betting size, you will eventually run into a series of bets where you will be down between 200 and 500 units

The higher the risk, the higher the reward and the higher the bankroll required.

So that's how you beat the casino...and maybe 1 out of 10,000 customers in a casino will follow all 6 steps.
#178
For some games it is getting more difficult............because moron tourists still play the games..... as well as now having to pay for parking in Vegas and also being charged "room fees"when you book a Vegas room

https://www.blackjackinfo.com/no-6-to-5-blackjack/

Wish it was back in the good old days when the mob ran Vegas and not these corporate greedy pigs.
#179
Anyone considering using bitcoin for any reason other than using them to enter a pay toilet should read this:

https://www.theguardian.com/technology/2018/jun/11/bitcoin-price-cryptocurrency-hacked-south-korea-coincheck
#180
General Discussion / How to beat the casino
May 31, 2018, 12:15:46 AM
Follow these 6 steps and anyone can beat the casino at any game,...... dice, baccarat, sicbo, roulette ....

If you can't follow all these 6 steps, you will probably  lose.

1. Select a bet size where by your bankroll will not run up against the table maximum when you use your money management methodology to recover from a drawdown.

2. Use a very conservative money management methodology where you can recover a significant drawdown without hitting the table maximum......for instance, play at 
a $ 15 dollar minimum table and use a money management methodology  such as
111111111111111 22222222 etc etc ....where you bet 1 unit, and if on any series of bets you are down 15 units, then bet 2 units until you are ahead 1 unit and then go back to betting 1 unit...there are of course many other methods you can use......but they must all be conservative.

3 Ensure that your bankroll can withstand a 100 unit drawdown flat betting

In the above example, your bankroll should be at least  $ 1,500
( $ 15 bet size x 100 unit worst case drawdown = $ 1,500 )

4. Make sure that your bankroll is in real dollars, not some wet dream,  and place the bankroll and all the accumulated future profits and losses in a separate place,,,,,,,,,such as a small portable safe.......walmart sells one for about $ 30.

5. Keep a spreadsheet of your beginning bankroll and all future profits and losses

6. You must have patience to follow your money management plan and not go on "tilt" like poker players who are on a losing streak.

Size your bets using your money management methodology so that you can eventually make up your drawdown even if it takes 3,4 or 5 sessions of betting.

Number 6 above, patience, is probably the most important......trying to make up a drawdown by raising your bets too large and too fast and neglecting your money management, methodology will probably ruin any chance or achieving profitability.

Also, if you are using a progression betting system ( like a labby) , all the above gets much more complicated since you can easily lose 10 to 20 units in a bad shoe...and you will have numerous bad shoes.

Using a betting methodology where you can lose 10 to 20 units on a  bad shoe requires a much more intense analysis of bet size and money management methodology versus flat betting. 

The higher the risk, the higher the bankroll required.

So that's how you beat the casino...and maybe 1 out of 10,000 customers in a casino will follow all 6 steps.