Thread: Mr J
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Old 27th July 2004, 07:47 PM
Mr J Mr J is offline
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Join Date: Jan 1970
Posts: 759
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Kiwi, all that does is change the distribution. It doesn't matter what combo of boxes you bet on, you will still be placing negative expectation (losing) bets. The casino has worked this all out mathematically.

Czar I disagree. There are many ways to beat the casino, they just don't include silly betting schemes etc

Ways to beat the casino:

Video poker
You have to identify a machine that is overpaying. The odds in VP are fixed, so when the jackpot gets high enough it becomes a +EV game. Not much VP in Aus though.

Blackjack
Card counting. Using a numerical system to keep track of the type of cards that come out.

Roulette
Using physics to predicat where the ball will land. Most people that do this use a computer (illegal in NSW). Very few people can do this by eye-brain (although I'm sure 50% of people in a casino try it this way).

Craps
I believe it is called sharpshooting? Basically you practice throwing the die until you can you can throw them so your numbers come up slightly more often. Now THIS is real skill, and is the hardest to pick up of the 4 ways I've mentioned here. Not based on anything mechanical or mathematical, just a physical skill.

You can also beat the casino by riggin a game. Even if the ******** is very well thought through and clever, it won't take long for them to catch on, so I'd avoid doing this.

The free money raffles are another way to beat the casino. Riskfree money, best +EV around. I made some money of this back in the day.

Kiwi, my suggestion to you is that if you want to profit off gambling, take up poker or sportsbetting. The edges there are much larger than what you will get in a casino game.
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