GotToWinNow
Dormant account
Hi, I’m new here and new to the world of gambling, being totally new to online gaming. This is my first post and forgive me if this question has been rehashed, but I’m not even familiar enough with gambling terminology to do a good search for what I’m looking for.
I am wondering exactly what is meant by this payoff percentage I read about on online casinos? I have a home roulette wheel and have developed a strategy that has crushed the bank on this, as well as one internet casino that I have played at in “free play”. My buddy told me it WILL NOT work online, even if it works on a real wheel, because he read the internet casino software is manipulated to hold back a set percentage. I argued that should only be on games that are “set” such as slots, just as in a real casino. If a casino pays back say 97% of the money, is that a long-term statistical average, or a set hold-back monitored by the software?
See, I like to play roulette and craps. As a new gambler, to me, it is much simpler to develop strategies and probabilities about the limited field of numbers that are clear on a pair of dice or a roulette wheel. I’ve actually played much more roulette and understand the game far better.
In a “real” casino, dice and wheels are TRULY random. This does not mean that are not more often than not predictable, but that’s a whole different science. There is absolutely nothing that says the house will not take a brutal beating one particular night, or walk away with almost all money wagered the next night. The 5.26% or 2.63% house advantage is just the advantage on a distribution of numbers. I’m sure the house takes far more than that amount because most people don’t know when to quit.
Is the roulette wheel on online software truly a random number or is it contingent upon my bet? Is the computer set to only let me run things up so far before it starts taking back its money? Is there anything that would keep me from turning $300 into $50,000, in theory?
If I have a strategy that rocks, and I think I’m getting there, do I need to “hit and run” or could I run this thing out for weeks and keep running it up? In theory if it wins long-term, I could do whatever I wanted if there was true randomness, so I would think.
I am wondering exactly what is meant by this payoff percentage I read about on online casinos? I have a home roulette wheel and have developed a strategy that has crushed the bank on this, as well as one internet casino that I have played at in “free play”. My buddy told me it WILL NOT work online, even if it works on a real wheel, because he read the internet casino software is manipulated to hold back a set percentage. I argued that should only be on games that are “set” such as slots, just as in a real casino. If a casino pays back say 97% of the money, is that a long-term statistical average, or a set hold-back monitored by the software?
See, I like to play roulette and craps. As a new gambler, to me, it is much simpler to develop strategies and probabilities about the limited field of numbers that are clear on a pair of dice or a roulette wheel. I’ve actually played much more roulette and understand the game far better.
In a “real” casino, dice and wheels are TRULY random. This does not mean that are not more often than not predictable, but that’s a whole different science. There is absolutely nothing that says the house will not take a brutal beating one particular night, or walk away with almost all money wagered the next night. The 5.26% or 2.63% house advantage is just the advantage on a distribution of numbers. I’m sure the house takes far more than that amount because most people don’t know when to quit.
Is the roulette wheel on online software truly a random number or is it contingent upon my bet? Is the computer set to only let me run things up so far before it starts taking back its money? Is there anything that would keep me from turning $300 into $50,000, in theory?
If I have a strategy that rocks, and I think I’m getting there, do I need to “hit and run” or could I run this thing out for weeks and keep running it up? In theory if it wins long-term, I could do whatever I wanted if there was true randomness, so I would think.