Magic betting system
And it isn't a surprise that oddsmakers don't feel optimistic about the Magic finishing much better next season. While expectations may not be high on the Magic, the team got better this offseason. By drafting Paolo Banchero with the No. Banchero will change the way the offense is played and elevates the floor and ceiling of the team. Outside of the draft, the team has so far neglected to sign outside free agents, meaning it appears that it will run it back with the same group next season.
I disagree, at least for the reason you state. Under your scenario most people would indeed leave Vegas winners. However, some players would lose the first bet and keep falling deeper and deeper in the hole after that, until they exhaust their entire bankroll. Assuming the same game and player strategy, the overall house edge would remain the same regardless of player money management strategy.
Getting back to your question, if everyone quit as soon as they were ahead, there would be a lot less gambling going on. So while the house edge would be the same, it would be applied to less total money bet, which would indeed hurt the casinos financially. Not a question, just a sincere thank you. Keep telling people there is no winning system.
I definitely want others to not believe they can beat the games. Keep up the good work! Dennise from Lakewood, CO I will. Over a long enough period of play Although it seems plain as day to me, his argument must be seductive since other reasonably intelligent friends of ours have bought into it.
I was hoping you could set him straight. Harold from Los Angeles You are right. With a limited bankroll, ruin is frequently the outcome. However, there is also a cap on the downside, with an almost unlimited upside. In the long run it all averages out and the casino makes close to expectations based on handle and the house edge. I realize that the house edge allows a casino to make much of its money. Love the web site. As I have said many times, all betting systems are equally worthless.
Thus, if the casino had no house edge it would neither win nor lose money over the long run. I think you may be interested in this. I use Betfair here in the UK. I am sure you nice people in America are not allowed to use it for some reason, anyway if you are not familiar with it go to betfair.
It is a betting exchange, not a bookmakers. Anyway, my question is this. It is genuine really. Can you think of a good strategy one could use, and if so would you keep it to yourself? Best wishes, Jonathan. They offer other casino games with no house edge too. Jonathan from Preston, England I tried to sign up for an account there to check this out but they block U. I think one of the more important parts of gambling is knowing when to walk away. The most common stories I hear from gamblers is how much up they were playing a certain game, only to turn around and lose it all.
And most players will simply keep playing a game until they lose their whole bankroll. That if a player reaches X number of losses it is highly unlikely that they will recover and should just quit? Likewise, if a player wins X amount, then the player has achieved respectable winnings considering the probabilities of the game and should quit while ahead.
Chris from Tampa I get asked variations of this question all the time. If you are playing a game with a negative expectation, which is almost always the case, the best strategy to preserve your money is to never play. However, if you are going to play anyway, for the sake of entertainment, there is no best quitting point. The more you play, the more you can expect to go down from wherever your bankroll is at the moment.
First off let me say unequivocally I understand and agree with your stance on betting systems. End of story. I know the longer I play games in a casino, the higher my chances of leaving without money. Player B prefers a chance to make a little money 4 out of 5 trips, and lose lots of money 1 in 5 trips. Both will lose money in the long run, but is there a betting system that might help each accomplish his goal?
While betting systems can not change the house edge, they can be used to improve the probability of achieving trip objectives. Player A wants as little risk as possible. To minimize risk he should flat bet. Player B wants a high probability of a trip win. He should press his bets after a loss. Such a strategy carries the risk of a substantial loss.
This kind of strategy will usually lose, but sometimes will have a big win. It just has number , and all the standard roulette rules apply. Do you see any way to take advantage of this? There must be a money management system that could work profitably with these table limits. Any advice is appreciated. Mark from Gatineau, Quebec Thanks for the kind words. Thank you for all the great information on your webpage.
I am currently on active duty in the Air Force and will be giving a seminar on responsible gambling. My history professor at NMSU told our class that the only way to win at Blackjack was to bet a little at a time and walk away will small profits.. My question is Do I have "better odds" by betting the whole million at one hand of Blackjack vs.
You have a great website and keep up the good work. Thanks a lot for your help! Your history professor is wrong. This "small win" strategy is nothing new. Usually it does result in a small win, but the occasional big losses more them wipe them out. However, if you mean which has the greater probability of a net win, your chances are much better off with a single bet.
The probability of showing a profit is 0. This is an amazing site, and I cannot believe that I have just recently discovered it. I have now spent several days reviewing your data, analysis and commentary. Your information is so compelling that I could not even begin to refute it.
Since I cannot control the statistics, my question involves something that I can control, session length and bankroll. I would love to give my approach a shot at the computer. I get questions like this a lot. As I state many times, all over the site, all betting systems are equally worthless. There is no magic quitting point. I am not opposed to any winning or losing marker for quitting, but the expected value is no better or worse than flying by the seat of your pants.
This is a pure "what-if" business question. If you created a betting system that actually worked in a positive mode, and you considered marketing it, how would you go about pricing such? Larry Putting aside the issue that such a system would be impossible, I would charge about 50 million dollars.
If I had no buyers, fine, I would just go out and make much more than that on my own. According to you, the longer we play, the closer our loss gets to the negative expected value that is the house edge. Does it follow then that if we were perfectly logical players, we would always stake our entire bankroll on one single wager to avoid this gradual approximating function?
This is the advice Bluejay gives at vegasclick. Thus says Bluejay, " And the shortest term you can have is just one play. Peter from Sydney Yes, absolutely! Unfortunately, we lost. However, if fun enters into the equation, you will get more by making smaller bets for a longer period of time.
No, he is not correct. In all bet calculations, round down.
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