A casino has only a slight edge so...

Discussion in 'Psychology' started by harrytrader, Apr 9, 2004.

  1. deaddog

    deaddog

    Ah the good ole days; I also attempted to count cards and did alright I guess. But even when the deck is full of face cards and aces the dealer gets the odd 21. Gotta play a lot of hands for the edge to be effective. Trading is so much easier. :banghead:
     
    #51     Nov 27, 2021
  2. %%
    Good points;
    not that gut$ are very reliable\ even though a sell SEPT pattern could be a good pattern. Regardless of anyone guts :D:D........................................................
     
    #52     Nov 29, 2021
  3. It sounds like you have a good understanding of the basics of house edge in roulette and how it differs in the European and American versions. Yes, the percentages you mentioned are correct and highlight the mathematical advantage the casino has over players in these games.
     
    #53     Apr 12, 2024
  4. %%
    MUCH MORE EDGE??
    Sometimes it may not be ''MUCH MORE'' LOL:caution::caution:. So\never depend on a big co for 100% of profit LOL
    So best to find a better measure than casino, which has the word ''no '' in it LOL:D:D
     
    #54     Apr 15, 2024
  5. shine

    shine

    A forex trader will have a greater advantage than a casino player if he knows how to analyze the market and trades according to his proven trading strategy, so his actions are justified and confirmed by certain rules, which increases the chance of success. He knows how to control risks and his emotions and does not put everything on the line like in a casino. And a casino player plays only for luck, he is driven only by haste, excitement and the desire to quickly hit the jackpot, so he always loses.
     
    #55     Nov 13, 2024