I am a gambling beast

[JayDee]

go to vegas and make something out of yourself

[Mcbard]

Originally Posted by Nubben [You must be logged in to view images. Log in or Register.]

In the above game there is no proper betting strategy. The game is basically the same as flipping a coin. If you play it enough times, you and the house will both break even.

Using a bet of 100 to keep the math simple:

57.5% of the time (1 to 574) you will lose 100.
32.5% of the time (575 to 899) you will win 100.
7.5% of the time (900 to 974) you will win 200.
2.5% of the time (975 to 1000) you will win 400.

So each time you bet 100 you will win
(-100*.575) = -57.5
(100*.325) = 32.5
(200*.075) = 15
(400*.025) = 10
(-57.5+32.5+15+10) = 0

This math remains the same no matter what your bet is.

Basically, this game is a big waste of time unless you like betting on coin flips. You might as well just run a casino that is /random 1 2 where a 1 you lose and a 2 you win, you'll end up with the same results in the long run.

True, but you're not accounting for instances where you just win 100 and start over, or you win 900+ and make money. Just like playing BJ where you make all of your money from doubling down and hitting BJ, not beating the dealer. Also, if your math is correct this would increase your odds from .435% to .50%. Seems good to me!

[yaaaflow]

Ya'll need to learn yourselves some gambling theory if you really think you've found a way to beat a -EV game.

[Nubben]

It's not negative EV, it's just 0 EV (if the game I used in my post is actually the game being spread in EC, I wouldn't know though, I don't spend much time there)

[Supaskillz]

LOL at people thinking they can win long run in a game with neg EV(ie all games run by EC casinos). Why are you on EQ and not playing roulette in Vegas making millions?

[Mcbard]

Probably because they're playing internet poker like everyone else.

[yaaaflow]

Originally Posted by Mcbard [You must be logged in to view images. Log in or Register.]

Probably because they're playing internet poker like everyone else.

except americans lol

[goodle]

Say what you guys want. I am up to 18k now from my 5k starting.

[Nimblerot]

Originally Posted by goodle [You must be logged in to view images. Log in or Register.]

Say what you guys want. I am up to 18k now from my 5k starting.

As a former blackjack dealer of five years, this is how I read that statement:

"You guys don't know shit! You and your numbers and maths, LOOK AT MY MONEY! I have MORE of it than I started with, so CLEARLY this game is 100% awesome and I'm going to be rich as long as I keep playing! I AM SMARTER THAN YOU HAHAHAHAHA"

30-45 minutes pass...

"Unbelievable. This game is bullshit, this is rigged and you're an asshole. Why couldn't you just let me win man? What the fuck, this is stupid, you got like 7 21's in a row. Fuck this, I have better places to spend my unemployment."

[WizardEQ]

Originally Posted by Nimblerot [You must be logged in to view images. Log in or Register.]

As a former blackjack dealer of five years, this is how I read that statement:

Can you tell when someone is counting cards?

Most BJ dealers are very cool and give players advice on basic strategy alone, like standing on a 12 count when dealer shows a 2 or 3, but hitting when dealer shows a 6 because dealer is more likely to bust.

If you play perfect basic strategy with 6 decks, you can cancel out the house's advantage. This strategy is based on Monte Carlo simulations, which means all the variables are feed into a computer, millions of simulations are run on every possible combination, and certain rules become evident. If you play by all these rules (which include when to double down, split your pairs) then you can play til your heart's content, neither gaining or losing in the long run. Only until you vary your bets based on the amount of favorable vs. non-favorable cards left in the deck can you actually gain in the long run. Notice I say in the long run. Any fool can split 6's and see a dealer bust on a 10 once. If you do that all the time, you will LOSE big time.

If you count cards and are proficient at it, you can raise your odds to 7%. That may not seems like a lot, but over time and compounded it can raise eyebrows at any casino I've ever played at.