Double Up.

ChroniC

ChroniC

ChroniC

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Joined
18 Oct 2002
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What would be your limit!!!

Principle of the thread is start with £10 and each weekend pick an event, (hypotheticallY) or if necessary several until achieve a 1-1 odds on and place your winnings from the previous event. (no rules on what or who)

You results would be 10 - 20 - 40 - 80 - 160 - 320 - 640 - 1280 - 2560
5120 - 10240 etc etc (obviously)

With relatively low odds, you can be pretty confident of possibly winning, but when for you are the odds to high for the stake involved?

Me!! I'm thinking around the £1280 mark is where my nuts would shrivel up.
How about you, got the machismo to bet 10240 or more??
 
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MooMoo444 said:
At 2:1 odds each time you'd actually very rarely reach 1280, so probably much earlier, maybe 320.
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Doesn't necessarily need to be in one event though, so you could pick say arsenal and manu to win, both below 2-1 but combined, but like you say it's risky, so hence where I wanted to know your limit.
 
Sirrel Squirrel said:
Will have to try this in roulette :p
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As I see it and correct me for being a plonker, but stastically it's going to be 50-50 on red black scenario, where choosing sporting events is not 50-50. I.e Manu are more likely to win than lose. It's the lack of luck in the decision that differs it for me.

Mind betting confuses me little brain so I'm probably wrong.
 
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godinman said:
Am I missing something, if it is statistically unlikely for you to win, then surely over time you wont gain anything?
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Of course, you will lose at some point, but that is my reason for the thread. At what point would you still have the nads to risk it?? Let's say you managed to get to £640, do you have the balls to find out if it's next time or 3 times down the line.

Where is your walk away amount.
 
I've always wondered why this doesn't go on just playing red/black in roulette...
Start on a 5r or something and just keep playing, everything you lose, just double what you put on.
In the end you have to win.
And let's face it in roulette it's not going to have 20 of 1 colour come out in a row often so you won't ever run up into the thousands of pounds area.
 
davido_labido said:
I've always wondered why this doesn't go on just playing red/black in roulette...
Start on a 5r or something and just keep playing, everything you lose, just double what you put on.
In the end you have to win.
And let's face it in roulette it's not going to have 20 of 1 colour come out in a row often so you won't ever run up into the thousands of pounds area.
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They have max/min table limits, so you wouldn't be able to put on your last bet to win back your money.
 
ChroniC said:
As I see it and correct me for being a plonker, but stastically it's going to be 50-50 on red black scenario, where choosing sporting events is not 50-50. I.e Manu are more likely to win than lose. It's the lack of luck in the decision that differs it for me.

Mind betting confuses me little brain so I'm probably wrong.
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Yes you are right. A sports bet has many more variables than a roulette bet. A roulette bet is completely independent of anything and any previous results do not influence future results. With a sports bet you have skill, experience, past results, injuries, etc.

For example, pretend there's a brand new roulette wheel. Say in it's first 1000 spins it has given black 800 times and red 200 times, you will get exactly the same payout for red as you will get for black on the 1001st spin, the odds remain exactly the same. But a sports bet, they take into account the past which influences odds.


But a black-red roulette bet is not exactly 50-50 either, there's also green zero ;)
 
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asim18 said:
Yes you are right. A sports bet has many more variables than a roulette bet. A roulette bet is completely independent of anything and any previous results do not influence future results. With a sports bet you have skill, experience, past results, etc.

But a black-red roulette bet is not exactly 50-50 either, there's also green zero ;)
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Well with that im mind, and assuming you think you know something about sport.
When would you bottle it??
 
But surely the limits ain't that low?

5.10.20.40.80.160.320.640.

You would have to be unlucky for the same colour to draw 8 times? And you could always start at a quid? It would take longer, but there would probable more money still to be earned?
 
Even with the green though, it is still 50 50 (kinda) just count the green as a loss (so if you bet Red, count it as a black) say you put 40 quid on red, it came out green, put 80 quid on red next time... So that variable can pretty much be negated.

I'm sure there will be a more obvious reason this can't be done. But as someone who never goes to casinos, I'm not sure what it is =D seems to easy to win, so I'm sure it won't be able to happen!
 
davido_labido said:
But surely the limits ain't that low?

5.10.20.40.80.160.320.640.

You would have to be unlucky for the same colour to draw 8 times? And you could always start at a quid? It would take longer, but there would probable more money still to be earned?
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Normal table limit is equal to minimum table limit, so if it's a 5er, its going to be a max of 100quid. It's in place to stop that exact system, plus it's pointless cause you only ever win the amount of your first bet. (all previous loses totalled)

None the less this is different to my OP. :D shhrrrupp!"!!
 
ChroniC said:
Normal table limit is equal to minimum table limit, so if it's a 5er, its going to be a max of 100quid. It's in place to stop that exact system, plus it's pointless cause you only ever win the amount of your first bet. (all previous loses totalled)

None the less this is different to my OP. :D shhrrrupp!"!!
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Hmm... I don't think there's any equation for min/max bet allowed.

In my local casino the minimum amount for an outside bet is £10. But the table limit is £1000. Also, some Vegas casinos don't have any maximum limit.
 
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Yeah, but they can still ask you to leave. :p

Say you're sitting there just randomly playing roulette and you decide to pull out a 100k plaque and put it on red, they won't mind one bit.

But if you're sitting there using the Martingale system, which is immediately obvious to any dealer, they probably will mind if it starts getting a bit ridiculous :p
 
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