Casino Talks

Posted by: DaiLun at June 14, 2001, 9:42 am
Topic: Help me out here... Forum: Winner Online


Quote: Originally Posted by CasinoNow:

". . . Honestly, I do not see any reason to project any farther what your odds are of hitting a winner throughout x number of spins, because I do not see any alid reason for tracking a series of spins. Each spin of the wheel is a unique game that is completely independant of all other spins, and because results do not effect the game on subsequent spins, there is no change in odds from one to the next. Perhaps someone else will have a different point of iew on this or an answer that is a better match for your question.

Jerry Garner
CasinoNow Gaming Resource Center

[This message has been edited by CasinoNow (edited 06-14-2001).][/B]

This is the problem with any "system" based on trend analysis. Unlike the stock market, which can have some level of predictability based on events, gambling is based on random occurrences and is therefore by nature, unpredictable.

A negative outcome game will remain a negative outcome game FOREVER because of this, unless one of the following ariables is changed:

1) The random occurrences become predictable to a percentage above the negative outcome

2) The bet levels can be aried along with the non-random occurrences

3) The player has more money than the casino and can play any system to one occurrence of being ahead and quit at that Moment.

I am surprised that anyone with reasonable mathematics aptitude actually believes that a betting system can change a negative outcome game into one with a positive outcome in the long run.
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