Roulette & 50/50 Gambling

This is a discussion on Roulette & 50/50 Gambling within the General Trading Chat forums, part of the Reception category; Originally Posted by arabianights You can also play roulette on betfair with zero house advantage. There you can learn all ...

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Old Jun 3, 2008, 11:43am   #22
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Originally Posted by arabianights View Post
You can also play roulette on betfair with zero house advantage. There you can learn all about random walks and gambler's ruin... Interactively

It's the commission that gets yer!

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Old Jun 3, 2008, 11:46am   #23
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Originally Posted by normbeef View Post
"NEVER.. eat yellow snow"...

or pick blackberries on a golf course unless they are above waist height!!

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Old Jun 3, 2008, 12:12pm   #24
 
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Originally Posted by pseudo straddle View Post
It's the commission that gets yer!

No commission on it... max bets though.
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Old Jun 11, 2008, 4:26pm   #25
 
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incidentally I met a guy on holiday recently who claimed he made his living doing red/black in the casino. he "claimed" for 5 years he had consistently made 3000 euros per month doing this. he had a big pot and if he lost he doubled up.
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Old Jun 11, 2008, 4:42pm   #26
 
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incidentally I met a guy on holiday recently who claimed he made his living doing red/black in the casino. he "claimed" for 5 years he had consistently made 3000 euros per month doing this. he had a big pot and if he lost he doubled up.


Problem with the system is his pot is not big enough, no matter how big it is!!

probablistically he could be ok for another 5 years then go on a long loosing streak and blow the lot.. this is what normally happens to most people in the gambling game...

quite while your ahead !!
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Old Jun 12, 2008, 9:56am   #27
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Originally Posted by advfntrader View Post
incidentally I met a guy on holiday recently who claimed he made his living doing red/black in the casino. he "claimed" for 5 years he had consistently made 3000 euros per month doing this. he had a big pot and if he lost he doubled up.
The thread has now gone full circle.
advfntrader, your holiday acquaintance will, in all probability, go broke sooner or later - refer to the Martingale and gamblers ruin links provided on page 1.
Tim.
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Old Dec 24, 2009, 12:44am   #28
 
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Re: Roulette & 50/50 Gambling

this is a pdf book converted on to a website for exploration check and comments very very welcomed... might be helpful to help you on this situation...

roulette betting system
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