Quote:
Originally Posted by thefan
let me just add my 2 cents. Lets say your sucessful with your systems, the hardest role in all this is discipline. When to walk?Limits? Over a long term period your bound to take further risks due to the fact that your on a role.
The only way Ive found gambling sucessful is to look at it as a job. Not easy money
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You do have to approach gambling as a job. Have to approach it professionally. Dicipline is one of the most important parts when it comes to succeeding from gambling, but you also need an edge. His systems don't give him an edge, doesn't matter when he chooses to walk. Every time he places a bet he loses money.
Hay Chee you still alive??
"Much better to stick to sports and racing strategies where research can give you an edge. Casino games have a built in factor where the edge is with the house."
You can get an edge off casino games. I'll write everyone a list, and if they don't use one of these methods then they don't have an edge:
1. Card counting. Keeping track of the cards that come out in blackjack so you know when the deck favours you.
2. Video poker basic strategy. Doesn't really matter in australia, I don't think we have many of these. What you do here is find machines that will overpay (ie not people winning, but where the jackpot is large enough that it covers the house edge).
3. Sharpshooting. Craps, being able to throw the dice skillfully enough to give an advantage.
4. Roulette prediction using physics. Ie use physics to determine where the ball will land. Some people have the co-ordination and brainpower to do this with their brains, but most who use this method use a computer. The computers aren't cheap and this method is illegal in most places around the world.
5. Flawed wheel. Roulette. You won't find these in australia. It takes awhile to find these, and then silly amounts of data to get a good idea if it is actually biased. The advantage it gives you won't be worth your time.
6. Bored dealers. Roulette. Some croupiers are skilled enough to land the ball in the part of the wheel they want often enough to give an edge. If they're doing this and you're taking advantage of it the croupier will pick up on it quickly and probally stop (unless he wants to get busted for cheating).
7. Crooked dealers. Similiar to 6 but the dealer is working with you to give you an advantage. This is cheating and the casino WILL pick up on it.
8. Cheating in general. Whether it's taking chips or moving a bet while people aren't looking, or a dealer overpaying you etc etc. Cheating and really not worth it.
If you use any of the methods that involve cheating (6,7,8 and 1&4 if using a computer), you do so at your own risk and I'm not responsible for any mess you get yourself into.