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THE HOUSE ALWAYS WINS?

Started by VLS, Aug 02, 08:30 AM 2010

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0 Members and 3 Guests are viewing this topic.

VLS

Quote from: ThomasGrant on Aug 02, 07:41 AM 2010
Rule 1: The house always wins.
Rule 2: If you win any money. Go to rule 1.

The house doesn't always win Thomas. Not in the short-term :) The casino is just a "Reversed player" with an embedded advantage, yes, but also with fluctuations.

I'm sure every casino has seen their bankroll dented by winners at times, the gist is if those winners keep playing without having obtained an edge for themselves they are scheduled to give it all back... So the regular players who win truly have two options: never play again and deny the possibility for the casino to get their money back OR getting the edge once and for all.

Also bear something in mind: Since roulette is a game of independent trials, it doesn't really matter from the player's perspective where they continue their personal betting, their betting's turnover % will sure comply with probability, but for an specific casino's pocket sure it matters: to make someone a winner just for him/her to comply to his expected probability of losing at another location.

This is why the land-based casinos lure their winning players with limo service, comped rooms, meals, etc. So winners stay at their facilities and not move to the next casino to give it all back.

Online casinos comp with real money, usually they increase the conversion ratio of comp points for big winners, ir order to keep them playing with them.

The casinos are "math guys" themselves :D

Regards.
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ThomasGrant

QuoteThe house doesn't always win Thomas. Not in the short-term Smiley The casino is just a "Reversed player" with an embedded advantage, yes, but also with fluctuations

I will have to disagree with you on this one Victor.
The house always win.
In always.

They win when you join them.(They get your name and address, phone, etc)
They win when you deposit money with them.
If you don't read the deposit clause.
And you get free money.
IE: Their money.
Then as Celtic Casino pointed out.
You have to gamble 35x your bonus.
That can take forever.
And in the meantime. You can not make any withdraws.
So you may just give up.(You have no idea how many players get caught in this trap)
Again. The house wins.
Even with a deposit. And no bonus.
They still win. As they use the money to invest with.
For every $10 they can get $100 from any bank.
Again the house wins.
Even if you are a smart gambler.
And that may include some of the members of this forum.
How many here have won money?
Played and lost.?
How many systems have you tried and lost on?
I know that there are good systems.
And great ideas in here.
And many members getting on board to help beat the casinos.
This is a good thing.
Keep it up.
Just remember rule Number 1.
And when I say in Always.
I mean in always.
They have so many things to generate cash.
Bonus cash is just one of them.
Slot machines is a huge one.
Mailing list.
Etc...
They are never, ever short of cash.

Again..

THE HOUSE ALWAYS WINS.
"What we do in life, echoes in eternity"

*Link Removed*  The Roulette Professor. *Link Removed*

VLS

Quote from: ThomasGrant on Aug 02, 08:52 AM 2010
They are never, ever short of cash.

Again..

THE HOUSE ALWAYS WINS.

We aren't casinos ourselves... only them truly know! I know the casino is expected to win in the long term, I mentioned it doesn't always win in the short-term. Some days can end up in a lose, which mean players won.

I've heard of some betvoyager's at time "bumpy" payment on no house games, also I know betinternet.com asked a winning player to please "give them time to pay in installments" a six-figure win (... ~240K in Singapore dollars) but they paid.

Well, they host a $500 to $8000 per hand table, so they must prepare the wallet since sure can expect some players to have their big winning day at that table limits too.

Regards and thanks for participating Thomas. I've split the thread as to not Hijacking Steven's.
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