Annoymous gambling poll - Martingale system

[KingPoker]

i cant see it. can you explain little more simply.....

[FlyingPig]

I have seen red come up 18 times consecutively in a casino on the Roulette. I don't play roullette because it scares the bejesus out of me, but the mad Chinese around the table were getting madder by the spin.....

I wonder what the record is?

[thetank]

i cant see it. can you explain little more simply.....

You get 100 to punt, when its gone its gone.

You play to win a quid, utilizing martingale.

When you win, you exit.

Go back and punt the 100 again, in search of another quid.

Repeat until you lose the 100, you'll still have all those quids you won (however many that was) you can go punt these won quids on poker (I think, if I've read the post right)

Shoot till you miss, guaranteed profit, all very attractive.

Probable waste of time EV wise though, punt the bonus and get back to work.

[KingPoker]

Cheers Mate

[theswan]

"I came up with it myself, thought I was invincible and it nearly ruined me"


Back in my heavier gambling days, i managed to run it upto £80 on red. I was so nervous it would lose, because if that lost i would have had to withdraw £160 from my bank as i had no more cash. It started with a tenner and i was sure i couldnt lose.

Luckily, i won on £80, but i promised myself never again.

This made me LOL because I went through the same phasea few years ago,  ended up shi*ting myself when I had to put excessive amounts on. I was playing online roulette at the time..and like you, I ended up winning. It never worked in a real casino for some reason....I used to slowly build up a stack of ponies playing blackjack for 2 hours+..then blow the lot on roulette within 10 minutes!..and leave feeling sick.   At least I can look back and laugh....

[DrrDeme]

i cant see it. can you explain little more simply.....

When you do this it takes about ten minutes (unless you're really unlucky - or really lucky)

Mathematically its hard but one way of looking at it:

The probability that you bust out (and stop being able to wager) is higher the bigger the bet you make. If you make a very small bet then because you make so many bets (your standard deviation  goes as root number of hands) - then you are less likely to bust out. (OK the number of hands guarantee a loss rate but this is the other end of the risk/return)

If you double up on a big bet you have to decide what to do. Triming profits is a good thing (i.e take your $100) you just cant keep doubling up...only a  loony would keep staking what he has just won.. until he bust.

It turns out you need to play about 30-50 hands to reduce the probability of busting but keep your work rate reasonable. The above system does this.

Its not a big effect but it adds a few more percentage points.

Key to all this is the bust out or trim profits effect - it adds a little bit of a funny in the maths (not vast amounts).  So the idea of averages and statistical deviation (which assume linear effects) crumble a little.

This is not a system for getting rich. is does a couple of things:

1] gives you a few more percent given the right casino set up.
2] Means you play about 30 hands of BJ - this is usually enough for me

I stress this ONLY works for Party type setups where you can trim profits. Most casinos don't operate like this.

[SimonH]

Blackjack is my casino game of choice and my staking system is a knid of anti-martingale.

My local casino has a £2 minimum and £200 maximum.

Starting at £2 I will play 2 boxes (the last 2 if possible) and follow basic strategy and always stake £2 on a losing box.

The winning streaks are where you punish the house with their own cash.

You can (and I have) hit the maximum bet after 10 consecutive winning hands.

I stake like this :-

(Always dropping the losing box back to £2)

£2, £4, £8, £12, £18, £27, £40, £60, £90, £135, £200

The key is to always play consistently, don't let a £135 bet stop you from hitting 14 against a 10.

Nothing like a juicy £90 double 11 against a 5 to get the heart pumping!

[Swordpoker]

Blackjack is my casino game of choice and my staking system is a knid of anti-martingale.

My local casino has a £2 minimum and £200 maximum.

Starting at £2 I will play 2 boxes (the last 2 if possible) and follow basic strategy and always stake £2 on a losing box.

The winning streaks are where you punish the house with their own cash.

You can (and I have) hit the maximum bet after 10 consecutive winning hands.

I stake like this :-

(Always dropping the losing box back to £2)

£2, £4, £8, £12, £18, £27, £40, £60, £90, £135, £200

The key is to always play consistently, don't let a £135 bet stop you from hitting 14 against a 10.

Nothing like a juicy £90 double 11 against a 5 to get the heart pumping!

Do you believe that this is a winning system? Or is it just a fun way to play?

[SimonH]

Blackjack is my casino game of choice and my staking system is a knid of anti-martingale.

My local casino has a £2 minimum and £200 maximum.

Starting at £2 I will play 2 boxes (the last 2 if possible) and follow basic strategy and always stake £2 on a losing box.

The winning streaks are where you punish the house with their own cash.

You can (and I have) hit the maximum bet after 10 consecutive winning hands.

I stake like this :-

(Always dropping the losing box back to £2)

£2, £4, £8, £12, £18, £27, £40, £60, £90, £135, £200

The key is to always play consistently, don't let a £135 bet stop you from hitting 14 against a 10.

Nothing like a juicy £90 double 11 against a 5 to get the heart pumping!

Do you believe that this is a winning system? Or is it just a fun way to play?

I was a casino dealer on and off for about 7 years so I know there is only one winner!

I employ this system to pass the time before the poker starts and I have troubled the cashiers desk for some sealed packets after a good run!

Although, over the long run, I'm sure I must be a losing player.

But I enjoy it!

[bolt pp]

Many years ago when I was at uni, someone came up with the reverse martingale system on the bonkers assumption that as the martingale system didn't work doing the opposite must.  i.e always betting on the colour that had just won.  It didn't work.

Incidentally I think that the record for one colour coming up consecutively is 35 or something like that.  Following the martingale system you would have to bet 34 thousand million on the next roll....

FFS!!!!!!!!!!!!!!!!!!!!   This is a proven winning system going back to the 60s so i doubt your pal invented it.

The guy called it the reverse labouche system i think, I read the book he wrote on it some years later after he was barred from every major casino in Europe but i cant find it now and people think i'm crazy, drunk or lying when i tell them about it, I concede that at any given time i'm drunk,crazy or lying but i'm telling the truth this time!!

The guy had teams of players working on a table and adopting this system they followed "progressions" instead of chasing them, increasing their bets in uneven increments according to his mathematical convoluted system, essentially he was trying to make the casino play against his team that had taken over a whole table.

He said he always declared to the management that he had a system and was always welcomed until he ruined casino after casino.

The book was called "Breaking the bank" I found it credible because it was more a an autobiography than a mathematical exposition.

I cant remember exactly what the mathematics entailed because i lost the book ages ago but i'm going to investigate.

IT WORKS!!! IT'S PROVEN!!!!!!

[Smart Money]

FFS!!!!!!!!!!!!!!!!!!!!   This is a proven winning system going back to the 60s so i doubt your pal invented it.

The guy called it the reverse labouche system i think, I read the book he wrote on it some years later after he was barred from every major casino in Europe but i cant find it now and people think i'm crazy, drunk or lying when i tell them about it, I concede that at any given time i'm drunk,crazy or lying but i'm telling the truth this time!!

The guy had teams of players working on a table and adopting this system they followed "progressions" instead of chasing them, increasing their bets in uneven increments according to his mathematical convoluted system, essentially he was trying to make the casino play against his team that had taken over a whole table.

He said he always declared to the management that he had a system and was always welcomed until he ruined casino after casino.

The book was called "Breaking the bank" I found it credible because it was more a an autobiography than a mathematical exposition.

I cant remember exactly what the mathematics entailed because i lost the book ages ago but i'm going to investigate.

IT WORKS!!! IT'S PROVEN!!!!!!

Sounds like you've got a bit mixed up but are referring to the MIT team

[bolt pp]

FFS!!!!!!!!!!!!!!!!!!!!   This is a proven winning system going back to the 60s so i doubt your pal invented it.

The guy called it the reverse labouche system i think, I read the book he wrote on it some years later after he was barred from every major casino in Europe but i cant find it now and people think i'm crazy, drunk or lying when i tell them about it, I concede that at any given time i'm drunk,crazy or lying but i'm telling the truth this time!!

The guy had teams of players working on a table and adopting this system they followed "progressions" instead of chasing them, increasing their bets in uneven increments according to his mathematical convoluted system, essentially he was trying to make the casino play against his team that had taken over a whole table.

He said he always declared to the management that he had a system and was always welcomed until he ruined casino after casino.

The book was called "Breaking the bank" I found it credible because it was more a an autobiography than a mathematical exposition.

I cant remember exactly what the mathematics entailed because i lost the book ages ago but i'm going to investigate.

IT WORKS!!! IT'S PROVEN!!!!!!

Sounds like you've got a bit mixed up but are referring to the MIT team

they played ROULETTE in the 60s did they?

[iceman]

the reverse labouche is the only proven roulette system ever. i and my aquaintances successfully used it on betting shop roulette machines until even money selections were increased to 1 pound minimums and payout on a spin were capped

[bolt pp]

the reverse labouche is the only proven roulette system ever. i and my aquaintances successfully used it on betting shop roulette machines until even money selections were increased to 1 pound minimums and payout on a spin were capped

Exactly, ty

we did the same thing, was about 5-6 years ago now, i cant remember the mathmatics though and i lost the book.

[iceman]

well its all about the math!! i would explain here how it works but there are some online casinos which are still user friendly to the system so whilst that is the case no explanation and i suggest you try very hard to remember the method or offer to me sufficent remunaration for which ill happily explain all !