Beating the system!

[quote=Pølsemanden]So a friend of mine told me he had this business opportunity, network marketing was what the opportunity was about but i didn't feel like budging in on the almost 1000 dollars it needed to start. I told him i could do something better by abusing betting sites a'la the roulette double up-bet system. The idea is that the "standard bet" is 10 dollars and i keep on upping the bet whenever i loose and when i win i reset it to 10 dollars. I chipped in 200 dollars and got 100 extra on an entry offer. According to my calculations the chances of me emptying out the total amount is around 10% and that's before i've accounted for the money i already won. And if the need arises i have some stocks i could sell out on for doing additional bets. Whenever i loose i put it in a pot that i have to win back. Example: Loose 50(that's my base bet)kroner, chip in 67 kroner at odds 3 and it's like i won a standard bet. The system is in effect and i've won a bunch of money already. You should try it. Don't put up more than you can afford to loose though! 12 bets and i'm at 60 dollars plus(and i haven't even been lucky)[/quote]

[quote=Pheyniex]martingale systems seem nice but you can have your head chopped. either they (the house) are losing money on purpose or you've been very lucky. also if the disk is standard, you never get more than 50% chance of winning with profit.[/quote]

[quote=Pølsemanden][quote=Pheyniex] martingale systems seem nice but you can have your head chopped. either they (the house) are losing money on purpose or you've been very lucky. also if the disk is standard, you never get more than 50% chance of winning with profit. [/quote] I haven't been very lucky, that's the thing, i've only won 1/3 of my bets but even then i'm still winning cause i gradually increase the bet every time i lose. As the example in OP: Loose 50, bet 67 on a odds 3 and you've won back your 50 and also placed a new bet of 50. If you were to loose that bet you proceed to make another bet of: (50+67)/3+50 and so on. I have to be insanely unlucky to get my head chopped which means losing like 9-10 bets in a row, and at that point i would've probably altered the function to just be loss/odds to win back my stuff further increasing the amount of times i had to loose for the money to be lost.[/quote]

[quote=Nighthawk]learn how to count cards, go to casino, win a bunch of money until they throw you out, go to another casino, rinse and repeat.[/quote]

[quote=JEFFY40HANDS]You'll get black listed relatively quickly with that half-ass plan Night.[/quote]

[quote=Nighthawk]you'll still make money, and the more you're willing to travel, the more money you'll make.[/quote]

[quote=JEFFY40HANDS]Minus the part where you get your hands broken by a ball peen hammer because you decided to anger the house.[/quote]

[quote=Canoas][quote=Nighthawk] you'll still make money, and the more you're willing to travel, the more money you'll make. [/quote] It works in movies so it must work in real life! awesome logic[/quote]

[quote=Phil15]Well counting the cards is not illegal and you definitely won`t get your hands broken for that. On the other hand, the house will know you are counting and will complicate your job by adding more cards (i.e. playing 21) so that its way harder for you to count cards. Casino movies are great don`t get me wrong but they are extremely far from the truth.[/quote]

[quote=Nighthawk]I never said there wouldn't be complications or anything like that, lol. You definitely aren't going to get your hands broken or anything like that, the most they can do is throw you out and blacklist you from their establishment.[/quote]