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Is patience the key to winning?

Discussion in 'Online Casinos' started by LB1410, Jan 4, 2009.

    Jan 4, 2009
  1. LB1410

    LB1410 Dormant account

    Occupation:
    Student
    Location:
    England
    I've been conducting a few sort of experiments recently, to try and prove a theory of mine.

    I have deposited 150 in 4 casinos, 2 software types (Microgaming & Playtech). When I have made about 10-15 profit on each casino (which doesn't take that long really), I exit the casino untill the following day. Of course you have good days and bad days, but I have followed this system for 7 days now and at all 4 casinos combined, I have recorded a total net profit of 220.

    220 / 7 (days) = 31.42
    31.42 / 4 (casinos) = 7.85

    So at all 4 casinos, your daily profit is 31.42. Just for being patient and not getting greedy, which is often a problem of mine :) Now this isn't my prefered kind of gambling as I'm an "all or nothing" type player who plays with much bigger stakes than this, I was just conducting a theory. Now you could deposit double/treble what I did and make double/treble what I did, it depends what type of player you are.

    Has anyone else recorded any similar success with anything remotely close to what I have been doing? Patience is the key :thumbsup:
     
  2. Jan 5, 2009
  3. pmhcfc

    pmhcfc Experienced Member

    Occupation:
    Not working
    Location:
    UK
    Personally, I think Luck is the key to winning
     
    1 person likes this.
  4. Jan 5, 2009
  5. SteveCut

    SteveCut Senior Member

    Occupation:
    None
    Location:
    EU
    Sorry LB, but you've just been lucky. This can't work.

    If you play 5 minutes today and 5 minutes tomorrow (I know you're playing to a balance, not a time but the principle's the same) then you're playing 10 minutes in total. The software doesn't care what day it is, so your second 10 minutes is just as likely to win or lose irrespective of the day you play on or the state of your balance on that day. Quitting while you're ahead can work, but there's only one way it can work - you must never ever gamble again! That's probably a bit too extreme for most gamblers!
     
  6. Jan 5, 2009
  7. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    I don't believe there is any harm in quitting while ahead.

    But as Stevecut pointed out, this only works in the long haul if you quit permanently.

    The longer you play, the more you will lose, statistically. You can lose 100 in 5 minutes or 5 weeks.

    If you win 100 and lose it in five weeks, in my eyes you are a winner! I love the play.
     
    1 person likes this.
  8. Jan 5, 2009
  9. GGW Laurie

    GGW Laurie Dormant account

    Occupation:
    Self Employed
    Location:
    In the Beautiful South !!
    this is true in most cases imo, just had that happen not 15 minutes ago, was playing at inetbet, started out on a 13.00 deposit(love odd numbers) worked it all the way up on 20 to 40 cent bets at a time, had it all the way to 220.00 or about, started playing 1.00 bets, cashed out when i got down to 75.00, went back reversed, gone in less than 15 minutes, so the lesson i need to apply is when i have used patience and im ahead is " CASH THAT MUTHER OUT" and leave it alone, damn it:oops:...........the end
     
    1 person likes this.
  10. Jan 5, 2009
  11. tofu23

    tofu23 Banned User

    Occupation:
    Mother
    Location:
    Sunshine
    Nope. Got nothing to do with it.

    Always take a bonus - playing with a bonus is the key to winning.

    You will lose if you don't take a bonus. Play in free (fun) mode if you prefer not to take a bonus - at least you won't lose and you will still derive some entertainment value.

    Having taken a bonus the manner in which you play and manage you wagers will dictate the extent of winnings. Bonus + Skill = "the key"

    Never play without a bonus if you want to win. If you don't want to win then seek counseling from Gamblers Anonymous or similar body of professionals.

    /
     
    1 person likes this.
  12. Jan 5, 2009
  13. hakapuku

    hakapuku Banned User - repeated violations of rule 1.14 (tr

    Occupation:
    businessman
    Location:
    UA
    yes, the more you play the more you win :lolup:
     
  14. Jan 5, 2009
  15. shadow123

    shadow123 Senior Member

    Occupation:
    programmer
    Location:
    midlands
    Self discipline and patience are very important if you want to win or at least
    stretch out the play time.Cant count the number of times I have built up a decent bank from a small deposit over a few days, only to blow it in one mad session as a result of playing for too long and losing concentration instead of pressing the withdrawal button.Luck does play an important part as well, you can ride out a bad session and recover if you play sensibly.
     
    2 people like this.
  16. Jan 5, 2009
  17. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yep - I agree with these 3 bits of your post, but not the 2 I left out in the quote.

    I think patience is vitally important too. IMHO impatient people are more likely to give up 'the plan' and do rash things in their urgency to win. This is particularly important with slots when you sometimes have to sit out 'dry runs' for many many spins... :(

    Here's a good example; I'm currently working through a massive $50,000 WR at Slots Oasis. I deposited way back on the 17th of December but so far I have only wagered $14,880. Right now I have $803 profit. Hopefully by remaining patient & not doing crazy big bets I'll make it through WR & still be in the black. Of course luck does play a big part, but as I always say; all players will have luck - it's what they do with that luck which counts!
    :cool:
     
  18. Jan 5, 2009
  19. funky_seagull

    funky_seagull Dormant account

    Occupation:
    unemployed, on incapacity benefit.
    Location:
    scotland
    I tried this a few months ago exactly the same way you did. It worked great for nearly 2 weeks then I found it started going in reverse. I would log in each day to make $5. But I would seriously struggle to win at anything. And found the games to be a lot harder than they had been and it became impossible to win just $5. I ended up losing the whole lot over the course of the next week. My conclusions are one of the following: A. maybe the software learns your behaviour. And stops you from winning anymore. A failsafe to protect casinos from this kind of player.
    B. The software is streaky as hell.
    C. Is all down to house edge. Because you're only playing short sessions a day. Over the course of weeks those short sessions gradually build up into one longer one and this is when the house edge starts to make itself noticed and takes it's cut for the casino. So sooner or later there will come a point when you will lose and struggle to make the small daily target profit. As the house edge will start to make it's presence felt.
     
    1 person likes this.
  20. Jan 5, 2009
  21. tombee

    tombee Experienced Member

    Occupation:
    student
    Location:
    Wageningen, Netherlands
    I thought that if you always stop playing a certain game of you have a profit, no matter how small you could win. Because in the end, you end up having a positive balance sooner or later in almost every game you play. ALMOST... Until one day the profit does not come soon and also not later and the problem is that this one time you loose it all, covering all the small bits of profits and most of the times even more resulting in a net loss after all.
    It's all about the house edge in the long run. And also I would not be surprised if there are casino's out there that monitor your play if you have a system and starts working against you after a while. To be honest I have this suspicion about betvoyager. Equal odds.. Not with me doing several thousands of spins on the roulette table :confused:
     

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