Thread: SICK OF MG
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Old 29th January 2006, 11:57 AM
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[QUOTE=Simmo!]is why casinos make their profits - its not the "House Edge" that makes the decent money - hell that probably doesnt even cover the casino's costs - its the fact that gamblers have a tendency to gamble back down following a win streak.
QUOTE]

Yeah, to refer to another recent thread, remember that 97% payout ratio means that if you deposit $30,000, wager $1,000,000, win $970,000, lose $30,000, you're out of money, nothing left, and the casino claims to have paid out 97%, is correct, and you've lost 100% of your money.

This is what usually happens. The only way around this is to set a deposit limit., e.g. monthly limit, and a withdrawal threshold, and not deviate from those.

EG deposit $500 twice monthly. Whenever you hit $1100, withdraw $1000, leave $100 for low-rolling. With the remaining $100 you can do whatever you damn well please, and you might just get lucky.

This is the only working "betting system" and it'll help you limit your losses.
You'll still lose, but not so much

Cheers,
SM
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