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120,000 bet at roulette

Discussion in 'Online Casinos' started by gfkostas, Apr 4, 2004.

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  1. gfkostas

    gfkostas Ex-Bonus Whore

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    He must be crazy to bet such ammount on the bloody american roullete.
     
  2. thetest32

    thetest32 Non-Gambler

    This guy has sold everything he earns to place on a red or black bet at roulette. The live bet can be seen on Sky One (uk) at 9:00 UK time on Easter Sunday (this coming Sunday).

    Cannot wait to see the outcome!!
     
  3. Lukas85

    Lukas85 Dormant account

    hell probably get 120,000 Pound from the TV channel :-D No matter whether he wins or looses ....
     
  4. gfkostas

    gfkostas Ex-Bonus Whore

    Yeah i thought the same thing.It looks more like a marketing approach.
     
  5. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    When I see people waste money like this, it really burns me up. I hope and pray he loses - and that the casino has the decency to donate his loss to some charitible organization.
     
  6. GrandMaster

    GrandMaster Ueber Meister CAG

    To be followed by a "hard-hitting documentary" about strip clubs and lap dancing in Las Vegas. How appropriate for Easter Sunday.

    I wonder if they know that if he wins the IRS will take 30%.
     
  7. gfkostas

    gfkostas Ex-Bonus Whore

    A good question is: Why he doesn't play that ammount in europe?
    0 roulette is much better than the 00 killer.It's obvious that the whole thing is in some way 'fixed' and afterwards he'll probably earn more than 120,000.He even changed his name for 20,000 for a period of 4 months o_O
     
  8. GrandMaster

    GrandMaster Ueber Meister CAG

    I got promos from Havana Club and Vegas Villa offering me 10 if I can predict whether he loses or wins. The same e-mails also said that these casinos will give him 10000 free money, it was not quite clear whether 10000 at each casino or 10000 at any casino in the Fortune Lounge group.
     
  9. Lukas85

    Lukas85 Dormant account

    these scumbags. Altough Ive unsubscribed about 10x from every newsletter there is at FL casinos (+vegas villa, havana etc.) they keep bugging me with their useless spam mails they send every week.

    But as soon as there is an interesting offer they dont send it to me!!
     
  10. DOHC

    DOHC Dormant account

    hahaha, yeah, it sounds more like another "reality show" to me
     
  11. thetest32

    thetest32 Non-Gambler

    The guy has just done this crazy bet... After Hard Rock Casino cancelled last minute he had to move to another casino. Anyway... he placed it all on Red (the deal with the casino was that he had to place his bet before two spins of the ball or the bet was off). The outcome...

    ... RED! He's walked away with 270,000.

    And to be honest I am really disappointed as I wanted to see his face when he lost.

    Not to mention all the people that will now try to emulate his success and waste their kids college funds on such a stupid thing.

    Anyway - he went, he did, he got lucky.
     
    1 person likes this.
  12. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Ditto...I bet there will be alot of copy-cat gamblers out there whose sense of invincibility is boosted by his exploits. I'm sure there will be someone who will try and out do him.
     
  13. HateMG

    HateMG Dormant account

    ________________________________________________________________
    Ditto...I bet there will be alot of copy-cat gamblers out there whose sense of invincibility is boosted by his exploits. I'm sure there will be someone who will try and out do him.
    _______________________________________________________________


    He's not the first one and I think he's a copycat. About 8 years ago I read an article in one of UK magazine in flight from London to NY about a guy from UK which took all his fortune about 250,000 and put everything (which was his do-or-die bet) also on red in Las Vegas and won. He took the money and noone saw him playing again.
     
  14. jpm

    jpm Dormant account

    That's it! They found a system to win BIG. Bet your life savings on Red and you'll ALWAYS win. I'm going to sell it all and head to vegas. C ya suckers!!!! :p :lolup:
     
  15. HateMG

    HateMG Dormant account

    _________________________________________________________________
    That's it! They found a system to win BIG. Bet your life savings on Red and you'll ALWAYS win. I'm going to sell it all and head to vegas. C ya suckers!!!!
    _________________________________________________________________

    Warning!!! The system is not bullet-proof. Unless it's played 1,000,000 times there is no guarantee. :icon_evil
     
  16. Clayman

    Clayman Dormant account

    Well I gotta give the guy some credit. I mean if you're going to bet on red or black and want to maximize your EV and profit, the mathematically correct play is to play once and then quit, isn't it? Or, isn't it? GM? Freebie? Sam?
     
  17. hhcfreebie

    hhcfreebie Dormant account

    The mathematically correct play is NOT to play.
    If he has to bet, then he should choose european roulette in europe, not the killer double zero american roulette.
    Unless he place the bet on 0-00-1-2-3, the house edge is all the same. The only difference is the variance. Placing bet on Red/Black has lower variance than betting on single number. Placing bet covering 18 numbers offer the same variance as betting on red/black. The "no risk" betting is to cover all numbers, that way you will always loose 2 of your bet out of 38 for a house edge of 5.28% (variance = STD = 0).
    If there is a side bet. I am more than glad to bank he will loose. If there are more silly gambers trying to do this stunt again, I'll bet $50 to anyone's $49 that he will loose.
    Not only the odds were against him, the money he bet means much more than the money he won. That's called marginal effect.
    Imagine if I have 10k in the bank, $5 means nothing to me. To a homeless who has nothing, $5 means he can have 2 meals for the day.
    No one with the right mind should do that.
    ps: Because of the marginal effect, if I MUST play the best bet is the "no risk" bet.
     
    Last edited: Apr 13, 2004
  18. HateMG

    HateMG Dormant account

    The problem is they don't have big enough balls to accept such bet.
     
  19. santo

    santo Dormant account

    I think you'll find the casino had agreed to call "no roll" on double zero..
     
  20. gfkostas

    gfkostas Ex-Bonus Whore

    No roll means tie if the ball was landed on 00?
    Also one other thing i never got to know is: Would they gave him half the bet back if the ball was landed on 0?
     

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