32 Red

Totally understand you kevy1986.

Gambling is more addictive than cocaine in my experience.

The atmosphere of a real casino and the thrill you get from winning is immense. It's like a drug that doesn't physically harm you, just financially. I've set myself a strict "casino budget" purely for entertainment, anything I win on top is a bonus for that month.

I think disclosing your winnings is potentially the biggest threat to people. They see one person say "yeah I won £5000" and they fall into a downward spiral trying to match them, without ever considering how much that person has lost.

If you set yourself a strict budget and stick to it, then gambling can be enjoyed purely as entertainment. But don't consider it "income" for even a second.
 
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I've only been once and I don't think I enjoyed the experience, all things considered.

I only played roulette, and within around 5 minutes I was £50 up, and left. I didn't really feel great about the £50 - sure it was nice - but it's not a life changing amount, and to win a life changing amount I'd need to gamble a life changing amount... What I did notice though was that there was an urge to gamble a great deal of money just to see how it felt when it mattered. I left before I went down that path.

It's the same when I've been to the horse racing. Just as much/little fun putting on £3 as it was putting on £20 on a horse. Neither was a life changing amount so neither gave me any real thrill... and there was the temptation to put on an amount that would give me a thrill, however I discarded it as I thought it wasn't worth the risk. Still a moderately entertaining evening out, but nothing ground breaking. I've had far more fun at charity race nights... the fun there isn't the money you win/lose it's the competitive nature between everybody else there.
 
I try to stay out of casinos these days. I usually end up losing all of my money after a night out, sometimes even losing the bit I was supposed to leave aside for the taxi home, meaning I have to walk for 3 hours in the freezing cold. Lovely.

My absolute favourite place is Vegas, and I turned 21 yesterday. Recipe for disaster, but oh well.
 
Always put taxi money home into your shoe. If you feel the need to go into your shoe to bet your last money home then you usually realise how stupid you are being when you are trying to take off your shoe. You then catch yourself on and go home....
 
In terms and conditions on Ladbrokes £25 offer it says

"Low risk wagering or any game play which we might believe not to be in conjunction with the spirit of the promotion will not count towards the turnover requirement to remove the free chips from the casino bonus balance e.g. bets on red/black or odd/even."

I take it that means betting on black and red is not allowed as i see people have done it here.
 
Tefal said:
Anyone with a "system" for roulette will be welcomed into any casino in the land with open arms and a free drink.

that should tell you something :p
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not always... depends on the 'system' really

obviously anything just involving adjusting bet sizes doesn't affect the fact that the game is -EV

however anything that can aid in predicting the area of the wheel the ball will land in can have a significant

biased wheels are/were another potential area - though unlikely to find them these days
 
Raymond Lin said:
Statistically, the chance of getting red and black over say 1,000 times is 50/50. Therefore, if you have got red loads of times, statistically you should get black next few times to even things out. People to put their hopes on the last part of this sentence baffles me because of the following.

Probability, each time is 50/50, no matter what has happened before it.
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Bit in bold is the typical gamblers fallacy... previous spins are irrelevant

just because the expectation, over 1000 spins say, would be to have 500 reds and 500 blacks doesn't mean something magical happens to the ball and suddenly black becomes more likely if you'd had lots more reds on previous spins - statistically nothing should happen to even anything out... you just experienced some variance....
 
dowie said:
Bit in bold is the typical gamblers fallacy... previous spins are irrelevant

just because the expectation, over 1000 spins say, would be to have 500 reds and 500 blacks doesn't mean something magical happens to the ball and suddenly black becomes more likely if you'd had lots more reds on previous spins - statistically nothing should happen to even anything out... you just experienced some variance....
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Its not 50/50 though....yes it is close to it, but you must count for green 0/00 which puts the money in the casinos pocket when there's a load of gambling noobs who don't understand anything, thinking they're playing some sort of make believe strategic 50/50 game all the while the casino sits there taking a nice constant margin on all of the apparent 50/50 bets.

The house pays even money (50/50) but the odds of actually getting your red/black odd/even bet come in is approximately 48% (dependant on it being US/EU roulette).

Bottom line roulette is an absolute mugs game that should only ever be treated as a bit of fun, it is not a game that's 'beatable.'
 
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I followed the 'system' to the letter, got upto £40 and then lost it all. Total time wasted was only about 15 minutes, so I'm not too burned.

I tried the practice game for about 30 minutes before I used the free credits and did a lot better.

My foray into 'gambling' began and ended tonight (that is putting aside partaking in the odd country fair raffle for the possibility of bagging the bottle of scotch with the 100 ticket on the back row, and instead winning some lavender soap unknowingly donated by a dead person by a relative).
 
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Stupid idea. The odds of spinning each are exactly the same each time you spin. Just because you get 5 reds in a row doesn't mean a black is any more likely. It's basic probability. The reason many people get sucked into this is because in the free play you get a much bigger bankroll and so you can easily cover your loss time and time again until it comes in, although eventually, you WILL lose. Playing with a smaller bank roll just means you lose quicker.
 
Lima said:
Its not 50/50 though....yes it is close to it, but you must count for green 0/00 which puts the money in the casinos pocket
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that's not really relevant in the context of the post... its affects the EV of the game yes but the post was regarding the fallacy that prior spins affected the outcome of future spins - assume roulette table with no green if you like.
 
Well I got my 32 up to 286 and I asked to cash out as I was sure I'd wagered 960+ to get up to £286....The guy told me I'd broken the rule by betting more than £8 on one single bet and he wasn't going to pay out and that if I wanted to do it again he'd restart my £32 and I could try again...sod that!!

Lumped the lot on Zero and lost

What a **** casino having max £8 per spin wagering requirements to use the bonus!
 
Osprey said:
So your mind noticed a pattern out of something entirely random and you followed it? Why?
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As you and 99% of the worlds population would if you saw the same pattern. We are sheep face it I would bet the same if I noticed a similar pattern as would the ten people beside me on the same table.
 
roulette is easy to cheat. There is a way to win your initial bet "x" everytime, as long as you have quite a few multiples of x.

Bet x on red or black, it doesn't matter.

if you win. great, if you lose bet 2x on the same colour.

if you win, you've lost 1x, initially. you've bet 2x, received 4x, and so are 1x up.

if you lose, bet 4x on the same colour... and repeat till you win.

when you win change colour.
 
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