Crap, that kinda sucks. Well the rules we use, puts the odds in my favor. Doing the "Lay bet" you mentioned, we don't do that. We can... but no one does. The type of craps I play is the "ghetto" kind. The kind you'd see watching "Menace to Society." What I do is wait for the point. If the point is 4,5,9, or 10, I bet against the shooter. 7 has a slightly larger edge than the 6&8, so I don't bet against those. I just wait for 4,5,9, and 10. My plan worked out quite well. Also, for every dollar I bet, I get a dollar plus my dollar back. Pretty good odds. It's payday this Friday, and I know all the guys will be bringing lots of cash Majority of them just bet just to bet, and I love that. I'm transferring to Luke AFB, which is in Phoenix. I guess there's some tracks there. Does anyone have any technique to bet at the tracks? grazie, Andy
THE INSIDE STORY OF THE MIT BLACKJACK TEAM'S CONQUEST OF THE CASINOS. http://www.wired.com/wired/archive/10.09/vegas.html?pg=1&topic=&topic_set=
Anyone ever tried to double their losing bets until they win? How does that work for you if you tried it? Would it work on a game like Baccarat?
Check out the May issue of Stocks and Commodities, it has the math involved. And, from personal experience, it won't work....you hit the table limit too soon (usually $10K-$15K). Don
The only system I know that absolutely works in beating the casino was actually made into a movie. It is called "Ocean's Eleven"
I watched a guy do this at New York/ New York one night at the blackjack table. After six or seven losses in a row he got up and left. The other side of this, is that your double only wins your original unit back. So if you start with 5, 10, 20, 40, 80 when you bet the $80 if you win, you are up $5. Betting $80 to win $5 would cause me to think twice. This is the Martingale strategy if you want to read up on it, and don is right, this is why they have limits on the tables. I think the better strategy for the recreational gambler would be to learn basic strategy in blackjack and bet more when you are winning and less when you are losing. I have no idea how to test this, but since in a game like BJ the odds change as the game is played, you in theory would be betting more when the deck is rich in 10s.
Better strategy for what? Winning money? In a game with a negative expectancy the optimal strategy is to not play. I'm defining "optimal" to mean the strategy that results in the highest resulting net worth. If you choose to play a negative expectancy game, don't fool yourself that you are there to win money -- you are there for the andrenaline rush of the risk taking, the atmosphere, as a social activity, whatever -- call it "for fun". The optimal strategy in this case is to maximize your "fun" per dollar. Your losses are going to be roughly proportional to the size of your bets and the time you spend gambling. If, say, you can bet half as big or play half as long and still have as much fun, then you are better off doing so. Only you can evaluate your utility curve.
There is nothing wrong with going up to a dealer and asking him, "Are you hot or cold right now?" Hey, if you don't ask, you won't find out. If he/she gives you a funny look, screw it and go to another table. Tip the dealer when you are hot. The dealer makes money from your tips and the better you treat your dealer, the better your dealer treats you. This doesn't mean the dealer can change the odds and deal you a winning hand, but the dealer will look out for you in other ways (did you mean a hit, etc). The game can go fast so it is good to have a dealer who is going to be patient with you when things get fast. In fact, I have found that tipping big works in all aspects of life. If you tip your local bartender nicely, you get hooked up. If you tip a waitress nicely, she'll generally be more responsive to your needs. If you tip her really nicely, she might even go home with you. Life is all about treating someone else like they are a king / queen and then they take notice and really look out for you.
Eeek! That's the last time I tip a male waiter! I don't want him coming home with me. Seriously, though, good point about treating others well, Aphie.