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Author Topic: the house always win????  (Read 26543 times)
mrproblem
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December 22, 2017, 08:14:44 AM
 #101

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD
UnusualMouse
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December 22, 2017, 08:21:02 AM
 #102

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD

Have you pointed what base capital it is needed just to make a 1 usd profit? I still don't agree you can win against the house. With or without strategy it is impossible.
Hell-raiser
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December 22, 2017, 08:47:21 AM
 #103

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD

This is called martingale, a variety thereof.

And no, it doesn't work either. In fact, there is nothing extraordinary in hitting even 20 losses in a row at 50% probability. Sooner or later you will encounter this sequence of bad outcomes, and that would most definitely mean your account wiped away. In most cases, you won't have to make it that far simply because the majority of dice casinos won't let you start with just 1 satoshi.
BossMacko
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December 22, 2017, 12:21:48 PM
 #104

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD

Martingale will not work because every casino has there own max bet and max won limit so even if you have unlimited funds you will still have max bet and the chance of getting straight losing streak is a lot especially if you bet with pattern. House always wins if you play for too long but if you won and leave the site then you won against the house. But if you won and you stayed to win more then most likely you will end up nothing.
wattson
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December 22, 2017, 01:25:08 PM
 #105

The golden rule of gambling is that 'there is no golden rule', but here are some tested and verified tips;

1. Use a Simple Bucket Budget to Manage Your Money.
2. Look for Smaller Jackpots.
3. Make Smaller Bets.
4. Play the Short Odds, Not the Long Odds.
6. Stay with Pass or Don’t Pass in Craps.
7. Only Play Outside Bets in Roulette.
8. Read the Fine Print.
9. Use Time Management and Money Management Systems.
10. In Blackjack, Be Prepared to Split.
MinerHQ
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December 23, 2017, 12:58:06 AM
 #106

You have any method to share for win against the house?


What is the best way for bet and win against the house???

Please comment and let us know about it...


Quit when you're on profit ;p

What if you never get profit? Means you start losing from the beginning then would you like to gamble until you lose all your money?

I think you also should set a limit to your losses not only just for your profit because you can't expect every time you gamble will get a chance to make a profit to stop.


haileysantos95
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December 23, 2017, 03:33:11 AM
 #107

What is the best way for bet and win against the house???

The best way to bet and win in any gambling site is for you to wish that lady luck is standing right before you, winning against the house is almost impossible but you still have a 50% chance to win, dont trust the martingale method it doesnt work as others claim.
DARKANGEL6415
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December 23, 2017, 04:43:16 AM
 #108

When you start any gambling adventure you should always have the mindset of i have no bitcoin. If you do manage to get some wins then give lady luck a kiss and take some profits. Hopefully what you take out will be more than what you startrd out with. Never try to keep that mindset that you will break the bank. Casinos are businesses that have to win at times in order to cover the bankroll costs. Also think of vegas if you do start winning alot they can kick you out.

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hurremshaikh295
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December 23, 2017, 04:44:05 AM
 #109

Depending on the game, or the house edge, but in long term yes... the house is who get the money among all the players.
BTCevo
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December 23, 2017, 05:19:01 AM
 #110

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD

So you are referring of what you say like doing martingale strategy, but instead of doing that, I would say not everyone have good balance to start martingale thing and anyway there is always limit on each site so in a long term if you past their limit then you will lose for sure. It is not really effective when you bet on huge amount. May be for small it will still be good because you still can manage it well with some balance
shintosai
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December 23, 2017, 06:53:13 AM
 #111

When you start any gambling adventure you should always have the mindset of i have no bitcoin. If you do manage to get some wins then give lady luck a kiss and take some profits. Hopefully what you take out will be more than what you startrd out with. Never try to keep that mindset that you will break the bank. Casinos are businesses that have to win at times in order to cover the bankroll costs. Also think of vegas if you do start winning alot they can kick you out.
It's a must to always be very wise, casino houses will not allow any easy wins they are just giving you a glimpse where you will think that you can
win against you making you more engaged and get addicted.

Juandelacruzq
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December 23, 2017, 07:06:02 AM
 #112

In the long run it's the casino that wins, as much as the edge is multiplied per the amount of money that is bet. The only way to have a positive expected returns in a casino is by investing in it (https://bitcointalk.org/index.php?topic=2635712.msg26817368#msg26817368).
Victorycoin
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December 23, 2017, 01:39:54 PM
 #113

You have any method to share for win against the house?


What is the best way for bet and win against the house???

Please comment and let us know about it...

If there is any take home from what happen in the case of MoneyPot, is that the house does not always win. It further establish that the rhythm is just a myth that have gone on for far too long that we have now taken to be the standard and we have been proven wrong.

If a site is completely truthful(100%), winning against the House should not even be a problem because its going to be on the basis of probability and outcomes but the moment they tweak a little, we then start looking for strategies. In short there is no one blanket way to win because I have a feeling the sites around would have their own unique way of ensuring that they are on the winning side and what works in a particular site might prove to be futile in another.
Couldn't agree more!  Am a mathematician and on the basis of a truly provably fair site certainly not the knock-on-the-door-first, before you can see being paraded by most games sites, then Probability and Statistics becomes good enough to stand up to the house edge of a number of games. The myth that the house always win must have emanated from Albert Einstein's postulate that the only way to win a game of roulette would be to steal from it when the dealer isn't looking! 

Hard to fault that because of the persona of Einstein, but didn't Dalton's atomic theory also assert that, an atom was the smallest indivisible particle? Obviously Einstein though instrumental to the technologies that culminated  in the invention of computers, but he never envisaged its potentials and what powerful utilities it can afford a human. I must say, the greatest house edge any game site parades is not entirely in their odds, but their seeming unlimited bankroll as against the meagre most players are having to go to battle with.
marlboroza
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December 23, 2017, 02:10:42 PM
Last edit: December 28, 2017, 05:32:19 PM by marlboroza
 #114

IF there is no cheat inside house there is also possiblity to win may be 12,5 means 1 of 8 play.
So if it is 50% win 50% loose game, than you can bet  1 , 2 , 4 , 8 ,16 , 32 , 64 ,128 USD and at least in worst case of this probablity you won 1 USD
What a terrible advice.
As already thousand times said, martingale is the worst strategy ever and it will lead you to loss.
~snip~
 dont trust the martingale method it doesnt work as others claim.
Probably investors Grin
Hell-raiser
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December 23, 2017, 03:29:42 PM
 #115

You have any method to share for win against the house?


What is the best way for bet and win against the house???

Please comment and let us know about it...

If there is any take home from what happen in the case of MoneyPot, is that the house does not always win. It further establish that the rhythm is just a myth that have gone on for far too long that we have now taken to be the standard and we have been proven wrong.

If a site is completely truthful(100%), winning against the House should not even be a problem because its going to be on the basis of probability and outcomes but the moment they tweak a little, we then start looking for strategies. In short there is no one blanket way to win because I have a feeling the sites around would have their own unique way of ensuring that they are on the winning side and what works in a particular site might prove to be futile in another.
Couldn't agree more!  Am a mathematician and on the basis of a truly provably fair site certainly not the knock-on-the-door-first, before you can see being paraded by most games sites, then Probability and Statistics becomes good enough to stand up to the house edge of a number of games. The myth that the house always win must have emanated from Albert Einstein's postulate that the only way to win a game of roulette would be to steal from it when the dealer isn't looking! 

Hard to fault that because of the persona of Einstein, but didn't Dalton's atomic theory also assert that, an atom was the smallest indivisible particle? Obviously Einstein though instrumental to the technologies that culminated  in the invention of computers, but he never envisaged its potentials and what powerful utilities it can afford a human. I must say, the greatest house edge any game site parades is not entirely in their odds, but their seeming unlimited bankroll as against the meagre most players are having to go to battle with.

So, what's the point of your post? You sound like you know something which could help us beat the house, but you don't tell us any specifics about how we could really do that. The consensus has it there is no other way apart from pure luck, and that pretty much sums it up. Empty words aside, how can we beat the house edge after all and how can Probability and Statistics actually help us withstand the fatality and deadliness of it?
suvo05
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December 23, 2017, 05:33:08 PM
 #116

If some one could discover any method to beat the house edge then that theory will be one of the greatest invention till now. The artificial intelligence have already get too far but the fact is house edge has not been bitten by any theory or intelligence. One need luck and patient to win.

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December 23, 2017, 07:07:56 PM
 #117

The thing is, how far will you go? What's your limit? I mean, if you quit on profit, you have beaten the house. Or am I wrong?
Of course in the long run you will end up broke eventually if you don't set limits and if you never withdraw your winnings. Why? That's just how it works, nothing lasts forever. Enjoy while it lasts. The moment you win, buy yourself something good with your profit, make sure you have fun and enjoy gambling.

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December 24, 2017, 12:29:35 PM
 #118

The house edge on casino exists for a very important reason, it is to ensure gamblers who gamble on the casino stands a higher chance to lose against the casino in the long run, due to greed, a lot of gamblers usually do not stop wagering in time and thus most of their profits will be gone again.

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December 24, 2017, 12:39:29 PM
 #119

What is the best way for bet and win against the house???

The best way to bet and win in any gambling site is for you to wish that lady luck is standing right before you, winning against the house is almost impossible but you still have a 50% chance to win, dont trust the martingale method it doesnt work as others claim.

I agree with you. I have tried the martingale method, and lost money in it (multiple times). I have tried a lot many methods, but none of them seems to be successful. Everything depends on your luck. After taking in to account the house edge, you may be having a 45% to 49% chance for a win. Just place your bets hoping for the best.
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December 24, 2017, 02:28:44 PM
 #120

What is the best way for bet and win against the house???

The best way to bet and win in any gambling site is for you to wish that lady luck is standing right before you, winning against the house is almost impossible but you still have a 50% chance to win, dont trust the martingale method it doesnt work as others claim.

I agree with you. I have tried the martingale method, and lost money in it (multiple times). I have tried a lot many methods, but none of them seems to be successful. Everything depends on your luck. After taking in to account the house edge, you may be having a 45% to 49% chance for a win. Just place your bets hoping for the best.
House edge would really vary on your winning rate but majorly luck would be the main reason for us to be profitable in the end of the day.Gamblers do always make their own strategies on doing gambling  on daily basis but the most common way being used is martingale but same as being said this wont work anytime if we arent luck enough.If you did put up money on a certain bet and ready to roll and cross fingers already.

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