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Author Topic: Hit And Run Gambling - Can The House Be Beaten This way?  (Read 793 times)
JoyMarsha
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January 29, 2023, 07:43:50 AM
 #41

No matter the amount you win gambling house, it can't be compared to the amount a gambling house makes in a day. A gambler does have the idea of winning a lot of money from gambling and stopping while at it.  The stopping will be for that day and return the next day to continue betting. You know how it is in gambling, you will today and lose hugely tomorrow.
Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?
It is not easy to stop gambling completely when it has given enough money that you have used to start up a business. Human beings with greed will still find their way back to the casino someday to bet and win more. Remembering the fact that is gambling that gives him the money that he uses to start up his business. He will be forced to try his luck again, using the money gotten from his business indirectly to bet and win more, in the long run, he will be gradually losing to the gambling house.

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January 29, 2023, 07:46:38 AM
 #42

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
Gambling is often not as lucky as you think, bro. So don't think big especially about winning big for just small bet or a few hundred dollars.
You can win it, but it's only very small possibility. I can imagine you could win tens of thousands of dollars if you place it on sports betting especially for multi bets with 8 to 10 match for $100. You will make big profit if all your selections win because the odds you have for those 10 selections are quite high, but imagine how much you will lose if you never win anything within 10 to 20 tries. That must be really bad, right?

If you win, you can leave the casino and never return regardless of whether you want to enjoy life or maybe invest in something else like opening business or something like that. But I guess only lucky people can win it because usually they are high budget gamblers.

 
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January 29, 2023, 09:04:12 AM
 #43

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
in this statement I call it not beating the house, but giving in to being greedy within yourself.
usually a gambler who is lucky to get a big win will never stop betting, he will continue to play thinking he will get even bigger wins and in the end he will lose and lose all of his winnings.
but if there is a gambler who manages to win big at gambling and is able to stop for a moment and withdraw all that winnings, I say he has succeeded in defeating greed within himself.

and I think if that's done successfully, the house is already after you when one day you return to the casino you will experience a losing streak and you will not be able to stop betting there to catch up with your losses.

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January 29, 2023, 09:09:06 AM
 #44

<...>
Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

You have a lot of confusion here. When we say that you can't beat the house, we are talking about the long term, and the two examples you give are short term. So no, you can't beat the house, and it doesn't care if you get lucky on the first play, cash out and don't come back because its business model is based on a lot of people betting, on big numbers, and not on what a player does on an individual play.


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January 29, 2023, 04:07:43 PM
 #45

If the scenario is the first, it's true that you have won thousands of dollars from the casino but as a new gambler, will the casino let you withdraw the winnings? Certainly not. The casino will ask you to do KYC and they will process the withdrawal request if you really don't break the rules. But if the casino allows you to withdraw those thousands of dollars in winnings, you really are very lucky as a new gambler.

The second scenario is almost similar to what happened in the first scenario. Unless you have done KYC in both scenarios, the casino will probably process your withdrawal request immediately. But it depends on each casino because each casino has its own rules.

And even if you have managed to withdraw your money, the casino is still the winner because they managed to get more money from the losing gamblers.

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January 29, 2023, 05:25:39 PM
 #46

If the scenario is the first, it's true that you have won thousands of dollars from the casino but as a new gambler, will the casino let you withdraw the winnings? Certainly not. The casino will ask you to do KYC and they will process the withdrawal request if you really don't break the rules. But if the casino allows you to withdraw those thousands of dollars in winnings, you really are very lucky as a new gambler.

The second scenario is almost similar to what happened in the first scenario. Unless you have done KYC in both scenarios, the casino will probably process your withdrawal request immediately. But it depends on each casino because each casino has its own rules.

And even if you have managed to withdraw your money, the casino is still the winner because they managed to get more money from the losing gamblers.

Assume that he passes all the KYC necessary in order to withdraw, I say that it's a pretty good thing to do to quit while you're ahead because you already got something out of the casino. You may come back from time to time for some quick sessions that sets you back a few dollars at best but I guess that's just it. Or better, just forget about gambling at all.

Also, the scenario only talks about an individual winning against the house. We all know that the house always wins due to the number of gamblers in their platform, but at this single instance, the house lost against a smart gambler who decides to dip when he had the chance.

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January 29, 2023, 05:37:38 PM
 #47

Lol, Am gone through every comment and I must say that i enjoyed the the conversation so far,
To add, i personally know that the scenarios i mentioned is (though very possible to happen) unlikely, at least, I know a someone who won close to $7000 on his second day of gambling, he started the first day and gambled away $15, after about 2 weeks, he came back to the same casino, deposited $100 and started playing one of this pragmatic games, betting random amount on each round of the game, he got luck and won over 15 free rounds, through this rounds, he won several  multipliers and that was how he's total winning amount to $6,879, that is a lot of money if converted to my countries currency, I advised him to withdraw that money and start a business with it, and forget about gambling, he did obey, started a business but later went into gambling again without me knowing, I only got to know that he went back to gambling when I saw that he's business wasn't doing well as it suppose, I tried inquiring from him what's going on, he later opened up to me that he lost over $2000 on sports betting some weeks back, and the loss is affecting his business.

This was how the idea of this thread came by.

Oh ok, I knew it, for starters that is a huge money to win in the casino, even here it's a huge money already and you can open a business and sustain it. And it's good that he listens to your advise, put a business with that money. However, your friend is also thinking at getting back in gambling again and maybe thought why not, perhaps he can won big again? Unfortunately, lady luck doesn't strike twice, that's why when you win big, it's better not to come back because you are going to be misled and things goes unexpectedly that your friend didn't have control of his money, losing big $2k in the process. And now the business is not doing good and it could ruin him if he will not focus on it and instead try to gamble often.

 
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January 29, 2023, 07:29:08 PM
 #48

<...>
Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

You have a lot of confusion here. When we say that you can't beat the house, we are talking about the long term, and the two examples you give are short term. So no, you can't beat the house, and it doesn't care if you get lucky on the first play, cash out and don't come back because its business model is based on a lot of people betting, on big numbers, and not on what a player does on an individual play.


+ in a short time basis when it comes to session on the time you do play on which it cant be considered on beating up the house.The thing on where is that you had just quit up immediately after you do make some big

hits which you are the ones who would really be able to say that you had beaten up the house.Its true but not on general sense or point that you had able to do so.It is really just you had made out the right decision

on stopping and putting those profits in good use and never intend to go  further because it would really just mess up entirely once you do decide on making yourself
gamble up and asking for more and this is where gambler do most fall.

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January 29, 2023, 07:37:13 PM
 #49

Closest thing I ever did to that was a short stay in the UK, which coincided with Liverpool's run to the final of Europa League in 2016 (we lost the final but it was unexpected, and Kloppomania had just begun).

Opened new accounts with almost every bookie I ran into -- online and at the shops. Didn't know there were so many! All books give new players a first bet promo, which pays out really generously. They limit you to something like 2 GBP per bet, but payouts were something like 50/1 on Liverpool wins. So I did this at every stage of the game on a new bookie all the way to the final.

Then throughout Europa, they all ran similar promos even in EPL. Boosted prices on small things like scorer, first scorer. I put almost every scorer promo on Daniel Sturridge. Who was on a hot streak that season.

With something less than 50 pounds outlay, I ended up with huge profits thanks to Liverpool's crazy run. Lost quite a bit in the final (which we didn't win) but ended the season well.

Left the UK so closed out all my bookie accounts.

But that wasn't me not going back again, that was just me unable to return =)

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January 29, 2023, 08:09:07 PM
 #50

You beat the casino in spirits, because you came out of the casino with more money than you came with. However, this does not mean that the casino is at a loss. There are a lot of other gamblers who played in that particular casino in that particular day and time that weren't as lucky as you, the casino takes profits from them. Furthermore, the probability of such thing happening is minuscule you may as well just bet without thinking you'd beat the house if you leave and never return. The saying still holds true, the house always wins. Maybe not from you but they will never go under just because one gambler went home with more money than he came in.

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January 29, 2023, 08:25:00 PM
 #51

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
All the two scenarios are one base on your explanation but in different actions. Well there is always a term call first timer luck. In the first timer luck the gambler might decided to withdraw and go without coming back to play again, but I don't think that gambler will go forever, even though he didn't come at that moment, months or years, there will be a day for him to try again.  Or if he didn't come back again at all, that means the orientation that was given to him was bad or good. It might that, he informed that gambling is not good so if you try win once don't play again. So with that he ran away with the first win. And that is yes he has beaten the house.

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January 29, 2023, 08:37:14 PM
 #52

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
For real, hit and run... is this even possible?
Hypothetical, even if it were to happen, you would always come back. Its just something about gambling gambling and this isn't about addiction or anything but just how the psychology of humans could work.

It's the source of your capital, that's in the event that you did start a business as in the second scenario and in the first, maybe you didn't start a business but solved some pressing issues as well. There is no probability that, your not going going to have more issues or go into bankruptcy and given the idea that, you did got it easy, its enough reason to always think towards, trying a second time and that way, you could be trapped!
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January 29, 2023, 08:48:28 PM
 #53

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

Everyone has said that the gambler can't stop gambling somehow, but that's an assumption. Yes, indeed, the gambler can never stop gambling. No one has joined the OP. Making hundreds of thousands of dollars with $200 doesn't make sense. But if you gamble with big money and win, maybe you don't want to go back to the casino again. Then you might really have beaten the house.

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January 29, 2023, 09:05:54 PM
 #54

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

The two scenarios that you describe in this thread only apply to people who accidentally gamble. I mean, they just want to experience the thrill of gambling and it turns out that luck is really on their side. that is, they are not gamblers.they can withdraw it, then never come back. however, for those of us who like the hobby of gambling. automatically, we will visit that casino again in the future.

The problem is, because we love gambling itself whether it's casino games or sports betting. it's tough, when we deliberately gamble just to beat the house. usually, it's this kind of mindset that will set one up for dramatic defeat. try to imagine otherwise, if on your first day of gambling, you lost several hundred dollars in the process, what would you do. So, for me it's not a matter of how to beat the house.  but, what about when I enjoy a betting session in the process. related to winning or losing, isn't that part of the risk that we are clearly aware of. I love betting on football, doesn't mean I have to beat the house.most importantly, the pleasure that I get from the essence of betting itself, especially when watching the game.

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January 29, 2023, 09:16:25 PM
 #55

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

That is correct in both scenarios and the second one is truly beating the casino.The problem though is that whenever you start gambling a feeling of some sort of belonging to the game starts automatically growing in you,it is this feeling that it will hunt you for a long time even if you run away with several thousand dollars as winnings and even if you start your own business.

Let's suppose someone beat the casino house and won 200k dollars,an amount enough to start a business in his city where he lives.Things start to go well even for the business but this feeling of wanting to go back and try that emotion and feeling that the game gave you while you won grows bigger and bigger and you go again to that casino this time losing everything including your business.

Moral of my story:No one ever got rich or started a better life through gambling.

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January 29, 2023, 09:29:50 PM
 #56

in the scenario you gave and as an individual, yeah, sure, you've beaten the casino, but at end of the day, the casino would still be in profit. also, I am pretty sure a lot of people have done this kind of "strategy" and the majority, if not all of them, are actually just a one-time gambler that got lucky.

How could the casino profit from you if you already won and left the scene?  No matter how we think of it, the casino has lost in this scenario.   Yes, Casino might have profited from the other players but the discussion is about a person who won and quite entirely.  So there is no chance that the casino can be of profit in the scenario given by @OP.

I do not know why people consider this action of gambling and quitting while on the profit, not a gambler's mindset.  It is a mindset of a gambler, but that isn't an ordinary mindset where a gambler keeps on playing after the win-loss experience.


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January 29, 2023, 10:02:25 PM
 #57

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
Well technically you win the house, but as odds are so little of you hitting jackpot t can't be considered a good tactic as most of the people would not win hundreds of thousands. But after said that, it might be the best tactic for all i know but you really need that luck on your side, as that's a long shot.

However i've been thinking this scenario. As some point i might save money just to try one big bet instead of several low ($2) ones. But to be honest in reality $2 are considered high for me atm
I've been trying out some slots with fun money to get the feel how often i would win and it miight take like hundreds of games to get one meaningful amount of money for one bet. And even with $100 play bets i haven't got a decent jackpot. Big ones yes but nothing life changing. So i am assuming it would be near miracle to win $200k.

But that's what we are here for. Luck and miracles so i am thinking of trying.


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jossiel
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January 29, 2023, 10:05:14 PM
 #58

Lol, Am gone through every comment and I must say that i enjoyed the the conversation so far,
To add, i personally know that the scenarios i mentioned is (though very possible to happen) unlikely, at least, I know a someone who won close to $7000 on his second day of gambling, he started the first day and gambled away $15, after about 2 weeks, he came back to the same casino, deposited $100 and started playing one of this pragmatic games, betting random amount on each round of the game, he got luck and won over 15 free rounds, through this rounds, he won several  multipliers and that was how he's total winning amount to $6,879, that is a lot of money if converted to my countries currency, I advised him to withdraw that money and start a business with it, and forget about gambling, he did obey, started a business but later went into gambling again without me knowing, I only got to know that he went back to gambling when I saw that he's business wasn't doing well as it suppose, I tried inquiring from him what's going on, he later opened up to me that he lost over $2000 on sports betting some weeks back, and the loss is affecting his business.

This was how the idea of this thread came by.
That was a good story and that really happens to everyone. We have the idea on what we must do with our winnings but eventually, we want to get back on it when we face some problems again financially. We're ending it down to the idea that gambling may help us again.

As for your friend, he may not be focused with his business and kept gambling without you knowing and he just told probably a portion of his loss and shy to tell the whole thing on how big his loss were.

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January 29, 2023, 10:12:14 PM
 #59

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

When you win a bet, you are part of the percentage that won that bet, and more so, there are set of people who lost in that duration, it could be a loss to the house but they do recover from those losses within some period, no matter how big you won from a casino, there are hundreds and thousands who will lose a huge amount in that casino depending on how large is the player base of that casino.

Gambling has a way of making you want to come back, especially when you notice an opportunity and feel like risking it in the hopes that it would be a good day. I find myself in that scenario occasionally; I see some good matches that I think I could bet on whenever I attempt to take a vacation from gambling, but the urge to test it out won't let me rest, and before I realize it, I've lost some money. I believe it is natural for gamblers to feel the want to return, but establishing a limit to stop when you realize you are losing is the best option.

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January 29, 2023, 10:13:08 PM
Last edit: January 29, 2023, 10:56:27 PM by AmoreJaz
 #60

in the scenario you gave and as an individual, yeah, sure, you've beaten the casino, but at end of the day, the casino would still be in profit. also, I am pretty sure a lot of people have done this kind of "strategy" and the majority, if not all of them, are actually just a one-time gambler that got lucky.

How could the casino profit from you if you already won and left the scene?  No matter how we think of it, the casino has lost in this scenario.   Yes, Casino might have profited from the other players but the discussion is about a person who won and quite entirely.  So there is no chance that the casino can be of profit in the scenario given by @OP.

I do not know why people consider this action of gambling and quitting while on the profit, not a gambler's mindset.  It is a mindset of a gambler, but that isn't an ordinary mindset where a gambler keeps on playing after the win-loss experience.

not many gamblers have that kind of disposition in gambling. most that we have encountered are continuously gambling even after huge winnings. well, that is good for the gambler if he finally decide to use his winnings to better options. in this scenario, the site loses a player but hey, there are a lot more of degen gamblers.  Grin

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