Will the online casino's ban me for this?

Will the online casino's ban me for this?

Author
Discussion

Pit Pony

8,265 posts

120 months

Monday 2nd March 2015
quotequote all
My nephew spent most of his first year at university on line gambling.

He therefore failed and was chucked off the course.

He reckons the small profit he made, it outweighed by the fact that he has a student loan and fk all to show. In fact he says his hourly rate amounts to about £1

But gambling isn't a mugs game. Oh no.

Hoofy

76,253 posts

281 months

Monday 2nd March 2015
quotequote all
Pit Pony said:
My nephew spent most of his first year at university on line gambling.

He therefore failed and was chucked off the course.

He reckons the small profit he made, it outweighed by the fact that he has a student loan and fk all to show. In fact he says his hourly rate amounts to about £1

But gambling isn't a mugs game. Oh no.
Well, there's only one way to proceed. He needs to go big to make up for things. biggrin

freshkid

199 posts

191 months

Monday 2nd March 2015
quotequote all
People spend hours at UK Casino Awards, Ask Gamblers and sites like them signing up for all the bonuses and trying to turn a profit. Casino always wins in the long run. They sure won't ban you!

StottyEvo

6,860 posts

162 months

Monday 2nd March 2015
quotequote all
Rollin said:
Martingale system. You'll lose due to table limits. Yes you will.
I did this aged 15, thought I was the smartest kid in the world. Got £150 up then got it wrong 8 times in a row and hit the table limit and still lost... Then I worked out the odds, and eventually it'll always happen hehe Oh, and I wasn't so smart.

simoid

19,772 posts

157 months

Tuesday 3rd March 2015
quotequote all
http://www.bbc.co.uk/news/technology-31302312

Random isn't random any more, perhaps this is confusing the masses!

"The problem is that, to humans, truly random does not feel random," said Mattias Johansson, a Spotify software engineer.


benmc

535 posts

247 months

Tuesday 3rd March 2015
quotequote all
This is the book to read on how to beat roulette. True story about computer science guys who workout how to beat the system with a computer built into their shoes. Great read

The Newtonian Casino by Thomas Bass

tom5678

79 posts

136 months

Tuesday 3rd March 2015
quotequote all
If it could be beaten why on earth would casinos continue to offer the game!?

TwigtheWonderkid

43,248 posts

149 months

Tuesday 3rd March 2015
quotequote all
Pit Pony said:
My nephew spent most of his first year at university on line gambling.

He therefore failed and was chucked off the course.

He reckons the small profit he made, it outweighed by the fact that he has a student loan and fk all to show. In fact he says his hourly rate amounts to about £1

But gambling isn't a mugs game. Oh no.
Well your nephew is a mug, no question.

I do the lotto every week, 3 lines for £6. I can easily afford £6 a week, and I get great pleasure thinking about what I'd buy in the remote possibility that I win the jackpot. Every now and then I get 3 or 4 numbers, but overall I know it costs me more than I win.

So I pay money to partake in something that gives me pleasure. How does that make me a mug?


Boydie88

3,283 posts

148 months

Tuesday 3rd March 2015
quotequote all
moleamol said:
Boydie88 said:
moleamol said:
That only works if each spin is independent. Obviously every spin is .50 probability, however you stated that RRRRRRRRR is the same as a more random sequence, that is simply not true.
Vaud said a specific combo of red then black over and over, not a random sequence. RRRRRRRR has exactly the same chance as RBRBRBRB.
It doesn't.
Care to enlighten me (and everyone else) then?

TwigtheWonderkid

43,248 posts

149 months

Tuesday 3rd March 2015
quotequote all
Boydie88 said:
moleamol said:
Boydie88 said:
moleamol said:
That only works if each spin is independent. Obviously every spin is .50 probability, however you stated that RRRRRRRRR is the same as a more random sequence, that is simply not true.
Vaud said a specific combo of red then black over and over, not a random sequence. RRRRRRRR has exactly the same chance as RBRBRBRB.
It doesn't.
Care to enlighten me (and everyone else) then?
I think the confusion is this:

The chances of getting RRRRRRRR are remote compared to the chances of not getting RRRRRRRR.

But the chances of getting RRRRRRRR are identical to getting RBRRBBBR, or any other sequence you care to name in advance.

And having rolled RRRRRRR, the chances of the next one being R are identical to B.

Busterhighmen

365 posts

148 months

Tuesday 3rd March 2015
quotequote all
iphonedyou said:
What are the numbers?
Play live blackjack, then play the automated one. You will see

Nom de ploom

4,890 posts

173 months

Tuesday 3rd March 2015
quotequote all
moleamol said:
Vaud said:
You need to research random.

RRRRRRRRR is as random as RBRBRBRBRB, etc.
You might want to research probability.
yes

the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.


Pit Pony

8,265 posts

120 months

Tuesday 3rd March 2015
quotequote all
TwigtheWonderkid said:
Pit Pony said:
My nephew spent most of his first year at university on line gambling.

He therefore failed and was chucked off the course.

He reckons the small profit he made, it outweighed by the fact that he has a student loan and fk all to show. In fact he says his hourly rate amounts to about £1

But gambling isn't a mugs game. Oh no.
Well your nephew is a mug, no question.

I do the lotto every week, 3 lines for £6. I can easily afford £6 a week, and I get great pleasure thinking about what I'd buy in the remote possibility that I win the jackpot. Every now and then I get 3 or 4 numbers, but overall I know it costs me more than I win.

So I pay money to partake in something that gives me pleasure. How does that make me a mug?
For every 10 people that only loose what they can afford to loose there's one idiot throwing away their future.

I always like the episode of the Simpsons, when Ned Fladders has his house destroyed by a freak twister, and Homer, says "That's okay NED, you'll get a new house on the insurance" to which Ned's wife Says "We haven't got insurance as Ned sees it as a form of gambling." DOH.

SpeckledJim

31,608 posts

252 months

Tuesday 3rd March 2015
quotequote all
Nom de ploom said:
moleamol said:
Vaud said:
You need to research random.

RRRRRRRRR is as random as RBRBRBRBRB, etc.
You might want to research probability.
yes

the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Why? Odds on a red are 18 in 37 (or 38). Odds on a black are also 18 in 37 (or 38).

Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.

thegreenhell

15,111 posts

218 months

Tuesday 3rd March 2015
quotequote all
SpeckledJim said:
Nom de ploom said:
moleamol said:
Vaud said:
You need to research random.

RRRRRRRRR is as random as RBRBRBRBRB, etc.
You might want to research probability.
yes

the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Why? Odds on a red are 18 in 37 (or 38). Odds on a black are also 18 in 37 (or 38).

Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.
If you win you get back 2 x your stake, but the odds of winning (with either colour, assuming you only play one) are 18/37, or 0.486, which is obviously less than half. That slight discrepancy between odds and winnings is the house advantage.

SpeckledJim

31,608 posts

252 months

Tuesday 3rd March 2015
quotequote all
thegreenhell said:
SpeckledJim said:
Nom de ploom said:
moleamol said:
Vaud said:
You need to research random.

RRRRRRRRR is as random as RBRBRBRBRB, etc.
You might want to research probability.
yes

the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Why? Odds on a red are 18 in 37 (or 38). Odds on a black are also 18 in 37 (or 38).

Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.
If you win you get back 2 x your stake, but the odds of winning (with either colour, assuming you only play one) are 18/37, or 0.486, which is obviously less than half. That slight discrepancy between odds and winnings is the house advantage.
Yes, agreed. The mean average result of every spin is a small percentage loss from the player to the house.

Moleamol and nom de ploom were saying that changing your bet between red and black each spin is a better strategy than sitting on red all night. I am saying it is no better or worse.

Whether you are on red or black, you lose the same (100%) if it comes up green.

Edited by SpeckledJim on Tuesday 3rd March 22:20


Edit again. I see what you are saying, and agree. But it is not related to moleamols contention that repeating red RRRRRRRRRRR.....is less random than evenly alternating red and black RBRBRBRBRBR.....

Edited by SpeckledJim on Tuesday 3rd March 22:23

Inertiatic

1,040 posts

189 months

Wednesday 4th March 2015
quotequote all
Ari said:
GregK2 said:
I love Gamblers falacy tales biggrin
This. yes
Aye. Someone I know had a "system" for spread betting...which worked out as well as you would expect :-)

The amount of people who are "up" against the house must be bankupting betting shops and casinos. Its a bit like that famous balcony - getting crowded:-)

Edited by Inertiatic on Wednesday 4th March 06:18

Inertiatic

1,040 posts

189 months

Wednesday 4th March 2015
quotequote all
TwigtheWonderkid said:
Boydie88 said:
moleamol said:
Boydie88 said:
moleamol said:
That only works if each spin is independent. Obviously every spin is .50 probability, however you stated that RRRRRRRRR is the same as a more random sequence, that is simply not true.
Vaud said a specific combo of red then black over and over, not a random sequence. RRRRRRRR has exactly the same chance as RBRBRBRB.
It doesn't.
Care to enlighten me (and everyone else) then?
I think the confusion is this:

The chances of getting RRRRRRRR are remote compared to the chances of not getting RRRRRRRR.

But the chances of getting RRRRRRRR are identical to getting RBRRBBBR, or any other sequence you care to name in advance.

And having rolled RRRRRRR, the chances of the next one being R are identical to B.
Aye...

But with online gambling ive always wondered, is an automated table actually random? Does the algorithm learn the players style after a while and try to second guess them?

TwigtheWonderkid

43,248 posts

149 months

Wednesday 4th March 2015
quotequote all
Pit Pony said:
TwigtheWonderkid said:
Pit Pony said:
My nephew spent most of his first year at university on line gambling.

He therefore failed and was chucked off the course.

He reckons the small profit he made, it outweighed by the fact that he has a student loan and fk all to show. In fact he says his hourly rate amounts to about £1

But gambling isn't a mugs game. Oh no.
Well your nephew is a mug, no question.

I do the lotto every week, 3 lines for £6. I can easily afford £6 a week, and I get great pleasure thinking about what I'd buy in the remote possibility that I win the jackpot. Every now and then I get 3 or 4 numbers, but overall I know it costs me more than I win.

So I pay money to partake in something that gives me pleasure. How does that make me a mug?
For every 10 people that only loose what they can afford to loose there's one idiot throwing away their future.
I don't know the percentage, but certainly there are some. Just like there are alcoholics who throw their lives away over booze. But I don't see many people saying drinking is a mugs game. Because most people do it in moderation and enjoy it.

amusingduck

9,396 posts

135 months

Wednesday 4th March 2015
quotequote all
Inertiatic said:
Aye...

But with online gambling ive always wondered, is an automated table actually random? Does the algorithm learn the players style after a while and try to second guess them?
Computers cannot generate truly random numbers. I highly doubt they try to learn from the player though.