Will the online casino's ban me for this?
Discussion
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.
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.
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. 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.
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 Oh, and I wasn't so smart.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.
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.
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.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.
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?
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.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.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.
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.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.
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?
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.
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.RRRRRRRRR is as random as RBRBRBRBRB, etc.
the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.
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.RRRRRRRRR is as random as RBRBRBRBRB, etc.
the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.
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.RRRRRRRRR is as random as RBRBRBRBRB, etc.
the red or black sequence method still puts the odds slightly in favour of the house because of the Zero.
Whether the next one in the sequence is to be a red OR a black, the odds are identical for each.
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
Ari said:
GregK2 said:
I love Gamblers falacy tales
This. 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
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.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.
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?
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.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.
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?
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.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?
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