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lost 50 bloody quid :( - Page 2

Blogs > HamerD
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Prev 1 2 All
KwarK
Profile Blog Joined July 2006
United States44125 Posts
Last Edited: 2008-03-14 14:03:20
March 14 2008 14:01 GMT
#21
In fact, I'll work it out for you.
You have £50 but we'll assume you have £64 for the purposes of this argument. So we're giving you more backup cash to keep trying to win it back.
Your first bet (ie the amount you always win) is £1.
The chance of you losing 7 times in a row is 1/64.
So, you do it and you win £1. You do it again and you win £1.
You do it 64 times and you win £63 and you lose £64.

You run up a lot of small wins in the time it takes before you get that epic 7 wrong in a row. Because it's unlikely it happens first time. But those small wins will not be greater than the amount you lose.

And dude, 6 rebuys is not enough. If you're going to use a system you should have like 20. I mean come on. You could have worked out how many wins you would have before it all went bad yourself. You really thought 64 spins would be enough? Now having enough money to back up 20 or so spins. That gives you nearly 1/1,000,000 odds of losing. Of course it changes nothing in terms of probability, you're still going to lose. But it usually gives you a year or two before you do.

System, lol.


Edit for saving my 3000th post. I don't have to be condescending but I enjoy it. And given your rant about how rigged it was I feel I can justify it.
ModeratorThe angels have the phone box
jello_biafra
Profile Blog Joined September 2004
United Kingdom6642 Posts
March 14 2008 14:11 GMT
#22
lol my friend lost £60 the other week from doing the exact same thing.
The road to hell is paved with good intentions | aka Probert[PaiN] @ iccup / godlikeparagon @ twitch | my BW stream: http://www.teamliquid.net/video/streams/jello_biafra
Bub
Profile Blog Joined June 2006
United States3518 Posts
March 14 2008 14:12 GMT
#23
Remember, the house always owns you.
XK ßubonic
Chill
Profile Blog Joined January 2005
Calgary26003 Posts
March 14 2008 14:54 GMT
#24
Why would you play against the house online? Makes no sense.
Moderator
Response
Profile Blog Joined April 2004
United States1938 Posts
Last Edited: 2008-03-14 15:01:50
March 14 2008 14:59 GMT
#25
LOL AT YOUR SYSTEM, also dont play poker you'll definitely "realize" its rigged after 1 bad beat anyways, just play starcraft and complain about the H4X0RZ there.

*edit* okay im done being sarcastic/mean sorry about that:-D
the REAL ReSpOnSe
vGl-CoW
Profile Blog Joined December 2002
Belgium8305 Posts
March 14 2008 15:01 GMT
#26
hahahahaah
ahahahahahhh

ahahah hahah ha aha

hahahahahaha ha aha hah a
hahahaha
Moderatorfollow me on twitter if u think ur so tough @BooyaCow
HamerD
Profile Blog Joined January 2008
United Kingdom1922 Posts
Last Edited: 2008-03-14 15:04:16
March 14 2008 15:02 GMT
#27
lol. Yeah well i expected some stick . It hit me pretty hard but i'll get back up and life lesson learned. And yeah kwark, i consider myself to be pretty intelligent, but at the same time equally foolish and short-sighted . I need someone like you in my armoire so that when i have an issue like this i can open it and have you laugh at me for half an hour.

btw this wasn't 'my system' lol!

I actually really appreciate the time you took to explain that to me, although I understood it the first time because like I said I'm not dumb .

lol @ the guy above me. You really liked this huh.




:r
"Oh no, we've drawn Judge Schneider" "Is that bad?" "Well, he's had it in for me ever since I kinda ran over his dog" "You did?" "Yeah...if you replace the word *kinda* with *repeatedly*...and the word *dog* with son"
KwarK
Profile Blog Joined July 2006
United States44125 Posts
March 14 2008 15:15 GMT
#28
No real harm done. And I'm glad you're being a good sport about it now .
If you want I'll introduce you to poker. I have this great system.....
ModeratorThe angels have the phone box
Snet *
Profile Blog Joined September 2006
United States3573 Posts
March 14 2008 15:25 GMT
#29
On March 14 2008 21:47 G.s)NarutO wrote:
Tsunade anyone?


i hate knowing what you are talking about
micronesia
Profile Blog Joined July 2006
United States24779 Posts
March 14 2008 15:25 GMT
#30
On March 14 2008 21:52 Kwark wrote:
Secondly, when will you stop. People don't know when they are about to lose so they keep going. Which means the gambling continues until you reach infinite money or 0, whichever happens first. And logic dictates that you'll go bust first.

My roflcopter took off when I read that.
ModeratorThere are animal crackers for people and there are people crackers for animals.
Psychobabas
Profile Blog Joined March 2006
2531 Posts
Last Edited: 2008-03-14 16:28:48
March 14 2008 16:22 GMT
#31
You CAN make money out of roulette as long as you find a "suitable" casino.

Me and a group of friends found a casino whose minimum bet on roulette was £1 (minimum betting on numbers was lower but we never touched the numbers). All we did was play on black or reds. And in any case we lost our bet we just doubled it. So it worked out:

1-2-4-8-16-32-64-128 (£128 was our maximum as we were students

So that's 8 chances that red for example wouldnt come up. Needless to say that didnt happen and we made hundreds and hundreds of pounds each.

Disadvantage: It took about 5 hours to get like £100. And £100 means 100 bets.

The casino figured what we were doing and after a few weeks it raised the minimum bet to £5. We stopped after that.

Also: I would never ever bet on online roulette as there is no croupier and that works against you.
Krohm
Profile Blog Joined May 2007
Canada1857 Posts
March 14 2008 16:31 GMT
#32
On March 14 2008 23:54 Chill wrote:
Why would you play against the house online? Makes no sense.

Haha that is what I was thinking. Online casinos shouldn't be bothered. At least in a real casino you can watch the house rob you of your money, with no thoughts of they may be rigging.

Roulette is a pretty bad game to play anyways. It's solely based on luck. There isn't much you can do to help increase your odds of winning. I play it all the time myself, due to the fact that I just really enjoy playing it for some bizarre reason.

So if you want to win, learn to card count in Black Jack. Or get good at poker.
Not bad for a cat toy.
KwarK
Profile Blog Joined July 2006
United States44125 Posts
Last Edited: 2008-03-14 17:25:15
March 14 2008 16:36 GMT
#33
On March 15 2008 01:22 Psychobabas wrote:
You CAN make money out of roulette as long as you find a "suitable" casino.

Me and a group of friends found a casino whose minimum bet on roulette was £1 (minimum betting on numbers was lower but we never touched the numbers). All we did was play on black or reds. And in any case we lost our bet we just doubled it. So it worked out:

1-2-4-8-16-32-64-128 (£128 was our maximum as we were students

So that's 8 chances that red for example wouldnt come up. Needless to say that didnt happen and we made hundreds and hundreds of pounds each.

Disadvantage: It took about 5 hours to get like £100. And £100 means 100 bets.

The casino figured what we were doing and after a few weeks it raised the minimum bet to £5. We stopped after that.

Also: I would never ever bet on online roulette as there is no croupier and that works against you.

This is the exact same system he used, the one we disproved several times over. This doesn't in any way improve your odds. It improves the liklihood of you making money but vastly decreases the amount you make. And you are still likely to lose all your money over 130 spins.

You can make money playing roulette. In fact, 49% chance of the time you will. That doesn't make it a clever investment.
ModeratorThe angels have the phone box
Jayson X
Profile Blog Joined November 2006
Switzerland2431 Posts
March 14 2008 17:43 GMT
#34
what the fuck is "roulette"?
Psychobabas
Profile Blog Joined March 2006
2531 Posts
Last Edited: 2008-03-14 18:07:43
March 14 2008 18:05 GMT
#35
Sorry I didnt read your post Kwark.

I agree with you. As long as you have a big enough capital you can make money as you say but it takes ages and its definately not a clever investment per bet. But overall it was effective.

We were 4 people that made around £1,500 altogether with this system in about 2 weeks. But it was like a full-time job in terms of time consumed (1,500 bets no joke, little wonder they noticed us). Only once I remember we had like £500 on a color (from £128 x 4) but we were lucky I suppose.

But I still point out that you need a croupier for this to be more effective.

Good memories from my undergraduate days in winter 2000 I've never bet a single pound ever since.

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