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Thread: Are online table games truly random numbers?

  1. #11
    GotToWinNow is offline Dormant account
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    Thanks for all the imput and the links. It was all very useful and makes me question whether or not my system will hold up.

    My question for you would be, what about professional gamblers? While they may be few and far between, there are some individuals that basically earn their livelihood through gambling. That would seem to indicate that at least some forms of gambling can be beat in the long-term.

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    GotToWinNow is offline Dormant account
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    Quote Originally Posted by sirius
    There is no system to beat the house edge of any game so don't bother trying. You are always expected to lose 2.7% or 5.26% of the total amount wagered. Almost any system can beat the roulette wheel but it is just luck. You could even be ahead in the 5.26% edge American Roulette (two green numbers) playing the even money bets for a couple of thousand spins if luck was on your side. If you played the more unlikely bets (such as a few numbers straight up) each time, even with the terrible house edge of American Roulette you could go tens of thousands of spins before it would be impossible to be ahead.
    It would seem to me that one would be likely to experience results close to house advantage odds, if he were to play level bets on the same wager consistently. If I were to bet $1 x 100 spins on a roulette wheel and chose one color throughout the duration, I should probably walk away with something like $97 (European) and $94 (American). However, it would seem if I am betting progressive wagering series and changing the numbers I am betting on, I am going to walk away with considerably more, or less, than those figures.

    I am not questioning your expertise, but simply trying to understand all of this.

  3. #13
    orangeindiana is offline Dormant account
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    Quote Originally Posted by GotToWinNow
    It would seem to me that one would be likely to experience results close to house advantage odds, if he were to play level bets on the same wager consistently. If I were to bet $1 x 100 spins on a roulette wheel and chose one color throughout the duration, I should probably walk away with something like $97 (European) and $94 (American). However, it would seem if I am betting progressive wagering series and changing the numbers I am betting on, I am going to walk away with considerably more, or less, than those figures.

    I am not questioning your expertise, but simply trying to understand all of this.
    Did you check the link on betting systems by Wizard of Odds that Grandmaster gave you? Here it is again: http://www.wizardofodds.com/gambling...g-systems.html

    Go here before you even consider using your system, or any others. There isn't a betting system or progression under the sun that can beat the house. The guy who runs the Wizard of Odds site, who is a professor at UNLV, offers $20,000 to anyone who can provide one that does. Only one person have ever seriously taken him up on it, and he failed. The page is a great read, and it'll probably answer any questions you'll have.

    Think about it this way -- gambling has been around a long, long, long time. A number of smart people with advanced degrees in math, computing, etc. etc. etc. have had plenty of time to develop a betting system that could beat the house. If one existed... why isn't it in use? Every week a gambler creates a system that he's convinced is new and is sure to break the bank. None work. Ever ever ever. Read the page, you'll love it.

    My question for you would be, what about professional gamblers? While they may be few and far between, there are some individuals that basically earn their livelihood through gambling. That would seem to indicate that at least some forms of gambling can be beat in the long-term.
    There are two single-player games where correct strategy and play can be used to push the odds in the player's favor: blackjack and some video poker games (if I've left any out, please correct me). In blackjack, this is done through a combination of knowing the correct play for every possible hand and other strategies such as card counting and shuffle tracking. In video poker, by playing correct strategy, some games are actually in favor of the player. Other professional gamblers rely on games such as poker, where the mathematical odds tend to favor each player equally. In none of these cases, though, do they use a betting system. While it may bring short term games, eventually you'll lose.

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    GotToWinNow is offline Dormant account
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    No, I did read the link pretty thoroughly. It was very interesting and unless there is some error with the guy's computer simulation (where can we get these programs ourselves?) I assume his testing is valid. All I'm saying is it seems hard to imagine such is the case when one thinks about it.

    The odd thing is that from what I've read, the house advantage in Blackjack as 1.5%, higher than the even money bets in craps and true European rules in Roulette. So it doesn't seem as though the mathematics in and of itself is the greatest factor in all of this. Some people will clean house with regular results in live poker games, because the human elements of bluffing come into full swing in the live game. Naturally, this wouldn't be a factor in video poker, which I've only spent $20 on one time at Casino Niagara. From what I've read, video poker machines are set like slots with the house advantage varying from near zero to as high as 15%.

    It all makes me curious. Let me know if you have any good video poker links.

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    Quote Originally Posted by GotToWinNow
    The odd thing is that from what I've read, the house advantage in Blackjack as 1.5%, higher than the even money bets in craps and true European rules in Roulette.
    Where have you read that, and are you referring to online casinos or land casinos?

    The odds I've heard about range from .3 - .7% for BJ.

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    Quote Originally Posted by GotToWinNow
    From what I've read, video poker machines are set like slots with the house advantage varying from near zero to as high as 15%.

    It all makes me curious. Let me know if you have any good video poker links.
    No, the house edge in a video poker machine is given by the paytable, I mean the house edge of a jacks or better video poker game with a given paytable is the same at each and every casino. Same thing with all the other videopoker variations. Again, go to wizardofodds.com, in the main page click on videopoker or any game you want, there you will find house edge and better strategy for a lot of vido poker games.

    Best of luck.

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    sirius is offline Banned User - repetitive violations of posting rule 1.11 Exploiting the board for own personal agenda.
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    Quote Originally Posted by GotToWinNow
    It would seem to me that one would be likely to experience results close to house advantage odds, if he were to play level bets on the same wager consistently. If I were to bet $1 x 100 spins on a roulette wheel and chose one color throughout the duration, I should probably walk away with something like $97 (European) and $94 (American). However, it would seem if I am betting progressive wagering series and changing the numbers I am betting on, I am going to walk away with considerably more, or less, than those figures.

    I am not questioning your expertise, but simply trying to understand all of this.
    If you change the bet sizes, your range of probable outcomes will increase but the average result is the same as flatbetting the average bet size for the same number of spins. Varying your bets will increase the variance so you could win or lose more but the average loss is only determined by the total amount wagered and not how you vary the bets. Whatever your system is, you will be wagering x amount and that is what determines the average loss.

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    Quote Originally Posted by sirius
    If you change the bet sizes, your range of probable outcomes will increase but the average result is the same as flatbetting the average bet size for the same number of spins. Varying your bets will increase the variance so you could win or lose more but the average loss is only determined by the total amount wagered and not how you vary the bets. Whatever your system is, you will be wagering x amount and that is what determines the average loss.
    I kinda get what your saying. It will alter the range of outcomes and will ultimately produce a more extreme result one way or the other, but should still lose in the longrun.

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    GotToWinNow is offline Dormant account
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    Quote Originally Posted by Macgyver
    Where have you read that, and are you referring to online casinos or land casinos?

    The odds I've heard about range from .3 - .7% for BJ.
    I believe that book was talking only about land casinos, as it was a few years old.

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