Your post contradicts itself. You admit that the house always wins in the long run, yet you think your daily returns will average out to a positive return at the end of the week? If you want investors you'll need to better explain how you think you can beat the house, in either the short or long term, and what you plan to do if you lose the money.
Thank you for your feedback. I have updated the thread with a bit more information :-)
We basically are not going to try to beat the house the odds. The house will win 1% more bets than us in the long run no matter what. To put it in very simple terms, the goal is to keep the bets insignificantly low for most of the losses and higher for most of wins possible.
If losses reach 10% for the day, everything will be stopped no matter what and the will be updated.
There also will be a max profit cap of 50% to keep things safe. After reaching 50% profit all betting will stop for the day and thread will be updated.
No more than 0.25% of bankroll will EVER be wagered. That means we would be able to lose 40 FULL bets IN A ROW before the 10% loss threshold is reached and betting is stopped.
The chances for 40 losses in a row at 49.5% is ridiculously low. Personally have wagered 20 million bets and simulated 50 million bets and the most losses in a row even at 40% was 23.
This is just an
example of the discipline. I HAVE NO PLANS IN WAGERING FULL BETS RECKLESSLY.
I think the smart thing to do is always get a new account also, dont use the same account, less risk as well, right?
