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Gambling Systems - do they work? Have you ever come across someone marketing a guaranteed winning system for roulette, or perhaps a way to beat the house at Blackjack? Sure you have. Well guess what? Some of them actually WORK! That is, if you have a totally bottomless pit of money at your disposal. But of course all of us can easily find this bottomless pit......NOT. Let's face it - systems do NOT work. You can't beat mathematical odds which are established by the rules of the game. If you could, how would the casinos stay in business? Why doesn't EVERYONE have access to the guaranteed, tried-and-tested, foolproof method of bankrupting a casino? Because there arent any. Fortunately, I never paid for any systems. If you must spend money, buy a book called "Beat the Dealer" by Edward Thorp, the father of card counting for blackjack. Blackjack is perhaps the only game where one could ever get an edge on the house. Assuming you had all of the most liberal rules in your favor, you could gain an edge of 0.5 percent - frankly, that's hardly an advantage unless you're willing to play a few million hands or so, or perhaps you can afford to risk $1000 a hand over a long period of play. Of course, you can count cards in a casino - but counting cards is not that easy, considering you also have to know how to manage bet sizes, as well as the ability to fool the pitboss into thinking you are drunk and just plain lucky. Because if you are caught counting cards, you will be thrown out with instructions to never return again - and there's a great likelihood that the information will be shared with other casinos. Basically, all these systems are about bet management. Some of them are suicidal, such as the Martingale system, which requires you to double your bet each time you lose, until you win. Others recommend increasing your bet when you win - this is a system which can potentially turn into a lot of money if you hit a nice streak, but there is absolutely no guarantee that you will do so. Besides which the odds are no more in your favor with a large bet than they are with a small bet - in fact, they are almost NEVER in your favor. Systems are a casino's best friend. They might even encourage you to implement some sort of betting system. |
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