2007-02-21 01:30:14 · 16 answers · asked by andymk46 1 in Games & Recreation ➔ Gambling
Yes, but it only works in favour of the bookies!
2007-02-21 01:46:39 · answer #1 · answered by Richard E 6 · 0⤊ 0⤋
What Eko described is called the "Martingale" system. It works most of the time, but it is still a game with negative expectation. You'd have to lose a lot in a row for you to run out of money, and it is rare, but when you do you lose so much that it makes the game -EV.
As Wikipedia says: "In any gambling game, the expected value of any individual bet is going to be negative, so the sum of a bunch of negative numbers is also always going to be negative."
Casino pit games cannot be beat long-term (with the exception of blackjack when you count cards). The bets are -EV, and no matter how you mix and match the bets, Martingale or otherwise, can change that.
The games that can be beat are poker and sportsbooks. That's because there is an element of human skill involved. There's no skill edge in watching the roulette wheel spin or pulling a lever on a slot machine. However, you can play poker better than the others at the table or predict games better than the linesmakers at the sportsbook. The house still has an edge, since they take a rake in poker and they charge vig in sports betting, but if you're skilled enough you can beat it.
2007-02-21 04:24:16 · answer #2 · answered by Sanjay M 4 · 0⤊ 0⤋
They do not work. I once heard a casino owner that was being interviewed say something like "if you've got a system, I invite you to come play at my casino."
Systems where you bet the minimum, double your bet every time you lose until you win and then return to the minimum bet are seriously flawed. First, you have to have a considerable bankroll, and second, you might come to the point where the next bet you have to make is larger than the table will allow.
You can certainly increase your odds by choosing the right games and playing correctly, but there is not a system that is guaranteed to make you a winner.
2007-02-21 03:53:09 · answer #3 · answered by Steven314159 2 · 1⤊ 0⤋
poker is the only game that the odds *MIGHT* be in your favor since you play vs other players rather than the casino. the odds on all casino games are with the casino so you might win some days, but will lose no matter what in the long run. you cant beat statistics. if you have a good system you might lose less. if youre gonna gamble do it for fun and dont go beyond your means. if there was a surefire system the casinos would be broke and everyone would use it. thats why its called gambling and not investing.
2007-02-21 04:52:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, online sports betting. What you do is find a solid online handicapping service that gives out free picks (example: www.myspace.com/magnasports). You bet small $5 a game using their free advice. Once you build up a decent bankroll ($100), then subscribe to their packages and double your bankroll and go from there....
Thats what I did and I went from a $30 bankroll to $288.....
2007-02-21 07:01:47 · answer #5 · answered by Herbal 2 · 0⤊ 0⤋
I've been using this sport betting software with great success http://sportbetting.toptips.org
The system tells you easy to use predictions that makes you win with a high degree of probability (86.5%)
2014-09-26 04:28:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes I have a football betting system that works I paid for it and yes it works definitely
2007-02-21 01:34:33 · answer #7 · answered by Sir Sidney Snot 6 · 0⤊ 0⤋
Yes, it's called a casino license; once you have one invest several million in a building, employ and train a couple of hundred croupiers, then sit back and watch the players with their Martingale systems come in and lose!
2007-02-21 22:03:06 · answer #8 · answered by stephen t 3 · 0⤊ 0⤋
yes i have that is call wining on tennis all year round one bet a day thats one player top 10 pl ayers look in teltex on c4 page 633 by the if you think this is not true then it,s up to you i won over 4791.00in 29weeks
2007-02-21 07:06:50 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Are you talking sports betting? or casino?
If casino: You need a significant amount of money to start, but it always works.
Go to the big wheel. Put $100 on the $1 (the $1 is the best odds). If it lands on the $1 you win $100. If you lose, put $200 on the $1. If you win you win $200 (net $100). start over for as long as you want to keep winning a hundred. If you lose, put $400 on the $1.
In other words keep doubling your bet on the $1. I won't say it hasn't happened, but it's never taken more than 4 spins for me to win a hundred bucks.
I only use this one time at any particular casino and I usually use it right before dinner since it's guaranteed to win you $100.
2007-02-21 02:12:08 · answer #10 · answered by Anonymous · 0⤊ 5⤋
Being good is fine but luck is better. I find it to all be luck of the day. Never bet what you can not afford to lose.
2007-02-21 07:11:48 · answer #11 · answered by Wolfpacker 6 · 0⤊ 0⤋