Casino Challege (Low Risk Gambling)

northernpie

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There is many risks involved in this idea (Jon, please delete if inappropriate).

For the last few months I had gotten wise to the online Roulette machines, most importantly the Penny Roulette. Although risky, I am using a method which grabs me a few quid which today I made £20 from 32p. How? Using the Penny Roulette. I am going to set up a personal goal of £10 a day from at most 50p on the Roulette and bet at maximum 50p on the table each time...

Tuesday 26th Dec: 32p into £20.14.
£1.14 into £33.14



Edit:

Had to change tactics whilst I wait for the PC to be repaired, thus have been on the sports exchange and standard Roulette (non-live).

Mon: Given a £20 Casino bonus on Sky. Played Roulette Made £120 but lost £60 from becoming over confident. Stopped around £60

Total: £60

Tues: PocketWin Roulette. £15 into +68 Total: £53

Wed: Crystal Palace match: +155 (laddering on the exchange)

Total: £155

Thur: West Ham vs Spurs game , laddered + £40 on the exchange
Online premium Roulette +£168

- 30 for trying out the tennis market.

Total: £178

Friday:.......

Profit: +£486
 
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Jon

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There is many risks involved in this idea (Jon, please delete if inappropriate).

For the last few months I had gotten wise to the online Roulette machines, most importantly the Penny Roulette. Although risky, I am using a method which grabs me a few quid which today I made £20 from 32p. How? Using the Penny Roulette. I am going to set up a personal goal of £10 a day from at most 50p on the Roulette and bet at maximum 50p on the table each time...

Tuesday 26th Dec: 32p into £20.14
Sounds interesting, how does his method all work then?
 

northernpie

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Sounds interesting, how does his method all work then?
@Jon
The difficult part is predicting where the ball is going to fall; ideally a method that you find comfortable i.e 10p on Red/Black Evens/Odds or if you are feeling brave, go for the individual numbers. I personally use the individual numbers due to having a 'connection' with the wheel I choose. After posting the last message, I had a go with £1.14 and reached a price of £33.14 - stupidly I got greedy and that is where many, such as myself, will fail. Write down a target and stick to it! Today I made £53.28 but lost 33.14 as a result of being careless.

A good tip would to set a limit on losses or winnings.

Similar to other tasks, surveys and jobs on Moneyshed, playing Roulette in this form is a job (albeit a mundane one) and gaining a profit still remains fundamental, thus, my only tip for those interested is to go somewhere quiet, make a reasonable target number and find a system that you personally feel comfortable with and stick to it! Distractions cause problems.

If the plan works, my idea would ideally work as:

£5.00 - Roulette
£5.00 - Lay bet (i.e 1.80 liability on a favourite horse)
£2.00 - On a favourite during Football.

Of course this is still gambling but at least it is only a few quid.
As mentioned, there is no system and this is not 100% guaranteed profit. But it does seem to work for me, so long as I am careful with my winnings.


https://casino.betfair.com/table/penny-roulette
 

homie

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In the long term, the table will always win. That's why we need to use the bonuses and offers to tip the odds in our favour.

I've just done a nice simple one with Sky. Bet £1 and get 3 golden chips. Lost my pound but won on one of the golden chips so ended up an extra pound up. I could have gambled the pound again but decided to stick. My being a wimp is well documented though.
 
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northernpie

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In the long term, the table will always win. That's why we need to use the bonuses and offers to tip the odds in our favour.

I've just done a nice simple one with Sky. Bet £1 and get 3 golden chips. Lost my pound but won on one of the golden chips so ended up an extra pound up. I could have gambled the pound again but decided to stick. My being a wimp is well documented though.
I completely agree with you Homie and that's when I stress the Penny Roulette instead of average Roulette. My concern is that with MB it won't last for more than a year so I am using the Moneyshed's brilliant ideas and advice as to maintain an investment when that happens. Don't get me wrong, this is gambling in it's purest form however I am going to keep a record to see if strict discipline actually works despite the odds. If it fails, then this will be perfect to show others the pitfalls of gambling.
 

Jon

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I completely agree with you Homie and that's when I stress the Penny Roulette instead of average Roulette. My concern is that with MB it won't last for more than a year so I am using the Moneyshed's brilliant ideas and advice as to maintain an investment when that happens. Don't get me wrong, this is gambling in it's purest form however I am going to keep a record to see if strict discipline actually works despite the odds. If it fails, then this will be perfect to show others the pitfalls of gambling.
I’m nearly 3 years into matched betting and still going!
 
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Jon

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Really!? Cool, roughly how much a week you earning?
Week varies but I still bring in around £600+ a month from horse refunds, endless accas and regular reloads

Sometimes a bit more if I have some luck on a slot win or two
 

Stims

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If you're playing any form of the martingale with roulette the bookies will love you. You can guess why. If it is not martingale then i would be interested to know what you are doing. But yes... it is gambling in it's purest form; with no edge. Just luck.

People have been saying MB and advantage gambling won't last much longer for the last 10 years...
 
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rodrigoda95

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I would recommend for the roulette to stick to an ancient technique thats consists in doubling every time you loose. After 5-6 times you are going to win, even though it is important to have a strong amount of money to resist all the 5-6 possible losses.
 

Mark Davies

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northernpie, this sounds interesting.

But still a bit vague! Is it ok if you can reveal the method you are using?
 

Stuart

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I would recommend for the roulette to stick to an ancient technique thats consists in doubling every time you loose. After 5-6 times you are going to win, even though it is important to have a strong amount of money to resist all the 5-6 possible losses.
That's Martingale. You'll never make any realistic amount of money doing that, and you're more likely to run out of funds first.
 

Lazarou316

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There is a pretty foolproof method you can use in the Casino to almost guarantee a win for yourself at roulette and to ensure that only you and not the house wins.

It does need a good seed amount. £500 if £2 per bet or £1000 if £5 per bet (your casino will tell you what their minimum bet is).

You pick either black or Red, Odd or Even. Nothing more, nothing less.

You stick with your choice all the way through the game.

Place your first bet (call it a fiver) on your chosen bet, (call it red). If it lands you have just doubled your bet. Rebet on red with £5.

If you lose, this is where it gets interesting.

As you have a 50% chance to win you need to consider this when betting. Let's say you lose your first £5 bet on red. Replace your bet on Red for double the punt (i.e £10). If you win you have just broken even. If you lose, repeat the process again by doubling the bet (i.e £20 for bet 3). If you persevere and are patient and do NOT divert from this method and do NOT change your bet of choice then you are almost guaranteed the make the money back! And then some!.. I usually spend 2-3 hours at the roulette table doing this and leave with approximately £700 in profit at the end of each session

Remember the house ALWAYS wins if you play their game... But play the odds and you'll be the winner ;-)
 
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homie

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There is a pretty foolproof method you can use in the Casino to almost guarantee a win for yourself at roulette and to ensure that only you and not the house wins.

It does need a good seed amount. £500 if £2 per bet or £1000 if £5 per bet (your casino will tell you what their minimum bet is).

You pick either black or Red, Odd or Even. Nothing more, nothing less.

You stick with your choice all the way through the game.

Place your first bet (call it a fiver) on your chosen bet, (call it red). If it lands you have just doubled your bet. Rebet on red with £5.

If you lose, this is where it gets interesting.

As you have a 50% chance to win you need to consider this when betting. Let's say you lose your first £5 bet on red. Replace your bet on Red for double the punt (i.e £10). If you win you have just broken even. If you lose, repeat the process again by doubling the bet (i.e £20 for bet 3). If you persevere and are patient and do NOT divert from this method and do NOT change your bet of choice then you are almost guaranteed the make the money back! And then some!.. I usually spend 2-3 hours at the roulette table doing this and leave with approximately £700 in profit at the end of each session

Remember the house ALWAYS wins if you play their game... But play the odds and you'll be the winner ;-)


Ok, this thread is starting to get dangerous.

First of all, you don't have a 50% chance to win. It's a 48.6% chance due to green 0. There is no mathematical way to beat the odds on roulette. French Roulette will give you the closest odds to 50% due to the different rules for green coming in but the minimum stake is usually higher, and its not carried by most online casinos anyway.

The Martingale system is definitely not foolproof and is in fact a guaranteed ticket to the poor house if used for long enough.

If you are doing £5 bets then just 6 losing bets in a row will see you staking £320 to try to win your original £5 back. Long losing streaks can and do happen in roulette.
 
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Lazarou316

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I would never suggest using this technique on an online casino or "Tele" casino... You really do need a live table... Whilst you point out about 0 reducing the odds... You are still in good stead to make a good return... Without the full seed money it would be impossible to recover your money... Yes you only win £5 at a time but it's £5 that you wouldn't have had before... As with anything you should set a moderate target... Don't expect to win back big on your first time... Try to win £20, then £40, then £80 etc...
I might have just been lucky but I've not had any big losses. Again looking at the odds..

The chance of losing 6 times in a row is 1.32% which is a tiny risk really...

You calculate your chances of falling on the same colour "X times in a row" by simply

Percentage = (18/37)n where n is when you have multiplied to the power of the number attempts you are on..

For 10 In a row it falls to 0.07%

You should of course exercise caution but if you are a betting person then these are among some of the best odds you will get in the Casino.


Hope that explains my rationale a bit..
 

northernpie

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Quite a gap in posting and updates due to my child for a second time ruunning spilling Tetleys on my computer; to clarify it was mine not his.

Right, getting back to the topic:

The whole idea is completely risky and I completely agree and accept the house is always against the player, furthermore, the Martingale method doesn't work or at least it does but you really need luck in your favour.

@Mark Davies due to the glitch mentioned above, I will be making a report on the winnings once I have my laptop returned to me. What I can share is I have been using the online Roulette games, not the live videos due to the case of having limited data, furthermore, I discovered that online was better for me personally after coming back from the casino with empty pockets after many tries on the man operated wheels.

As posted previously, I will be essentially conducting this as some sort of 'experiment' to see if it is actually possible. My only method is to treat the game as a job. I will start screen printing evidence but today I made £110 in profit on the Roulette from £15. How? Pen, Paper, a quiet room and searching for simple patterns and most important which is not easy, deny all emotions from taking over in a similar vein to the markets.

Oh I nearly forgot... It took roughly ninety minutes to gain that profit.
 

Stims

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I'm not sure i follow but are you essentially saying you are starting a diary of you playing roulette...?
 

homie

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I would never suggest using this technique on an online casino or "Tele" casino... You really do need a live table... Whilst you point out about 0 reducing the odds... You are still in good stead to make a good return... Without the full seed money it would be impossible to recover your money... Yes you only win £5 at a time but it's £5 that you wouldn't have had before... As with anything you should set a moderate target... Don't expect to win back big on your first time... Try to win £20, then £40, then £80 etc...
I might have just been lucky but I've not had any big losses. Again looking at the odds..

The chance of losing 6 times in a row is 1.32% which is a tiny risk really...
You calculate your chances of falling on the same colour "X times in a row" by simply
Percentage = (18/37)n where n is when you have multiplied to the power of the number attempts you are on..
For 10 In a row it falls to 0.07%
You should of course exercise caution but if you are a betting person then these are among some of the best odds you will get in the Casino.
Hope that explains my rationale a bit..

I see where you are coming from. I guess my main problem with it is when you do get that losing streak it leaves you open to taking a big risk for a fiver reward. I wouldn't want to put myself in the position of having several hundred pounds sitting on the spin of red or black. Which no matter what has gone before it would still a only be a 18/37 chance.
 

Lazarou316

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I see where you are coming from. I guess my main problem with it is when you do get that losing streak it leaves you open to taking a big risk for a fiver reward. I wouldn't want to put myself in the position of having several hundred pounds sitting on the spin of red or black. Which no matter what has gone before it would still a only be a 18/37 chance.

I have to admit, parts of my body would quiver when I lost a few hands in a row lol
 

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