Do You Want to Make Big in Casinos?

You want to make huge money in the casinos?

Many blogs claim to teach you how gambling can make you big money. I'll show you how to not lose any.

Many self-proclaimed progamblers will give you the impression that there are simple and mathematical ways to beat casino games. Some of them even try to sell you such methods ! But you often hear of a desperate soul throwing himself out of a window because of heavy losses, but you rarely meet people who do make money at gambling. While most players claim to have a winning strategy, their logic is flawed. To stimulate your critical thinking, I present the following (essentially) incorrect method. You can give it a try with your own money if you wish, although I strongly warn you against this idea !

The pseudo-method refers to the game roulette. The game allows you to choose between red or black. You have 18 chances to win either of the two colors, as there is a green slot. In a nutshell, there are roughly 50% chances that you will guess correctly (which means that the casino will always make money over the long-term; mathematically speaking, it has a positive win expectation). You will win the same amount every time you guess correctly as you bet.

Now picture that you have some money to wager with. You may want to bet $100 on the red color. If you win, you quit and you come back home with an extra $100. You lose, and you can bet again. This time, however, you will double your wagers to $200.  http://wpthm.com/lotto-strategies/ This guarantees you, if you win, a total profit of $100 (because you get $400, but you have just bet $200 and lost $100 the previous time). If you lose, you can bet with $400 again. If you win, you'll get $100 profit by repeating the process indefinitely.

Reasonably, you already know it shouldn't take long to get the color red. We've shown that it is easy to go to a casino and walk away with $100 more  You can also improve your chances of winning by waiting long periods of black numbers before you gamble.

The statements (*), (**) and above are fundamentally flawed. However, it's not shameful to recognize the errors if you don’t have a scientific mind. I will allow you to ponder these problems for some time and will then give the explanation in a different thread. Keep in mind, however, that it is impossible to fool casinos or bookmakers, lotteries, etc. Such entities sell the people a share of paradise, but very rarely do these transactions result in wins. People lose more than they win. This is the reality for people who depend on such structures to make money. Losses are just an arbitrage or price comparison between the expected probability of winning and the actual one.

Can gambling debts can be paid back?

Nope.

You can't repay your gambling debts to the lottery house. Some people have succeeded in convincing the lottery collectors that they will approve bankruptcy. However, this can be very expensive and is a serious financial loss. Although you may be able to convince courts that you're not broke, that would be 100% against the law. Getting your house judgment reversed is also pretty unlikely and would need quite a considerable outlay of paper and lawyer fees.

These bets seem to be coming your direction, so go out and stake your claim!