So You Want To Make Big Money In Casinos

So you want to make big money in casinos ?

Various blogs allegedly teach you how to make big bucks at gambling. I will teach you how not to lose any.

While expatiating upon winning strategies, many self-proclaimed pro-gamblers may give you the illusion that there are easy and mathematical ways to beat casinos at their own games. Some of them even try to sell you such methods ! However, 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 out of the system. The fact is, most players claiming they have a winning method do sincerely believe so, but their logic is flawed. In order to stimulate your critical mind, I submit to you the following (essentially) erroneous 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 has to do with the game of roulette. In this game, essentially, you have to choose between two colors: black or red. Your odds to get either color are 18 out of 37, for there is a green slot in the game. Put in a nutshell, you have roughly a little less than 50% of chances to guess right (which guarantees that, on the long run, the casino will invariably make money; mathematically speaking, the casino has a positive winning expectation). Every time you guess right, you win the same amount as you bet.
Otherwise, you lose your bet.

Now imagine you’ve got a decent amount of money to gamble 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. If you lose, you bet again, but this time you double your bets: $200. 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 again, you bet once again, this time with $400. Repeating this process indefinitely will ensure you, at the moment you win, to get a $100 profit.

Reasonably, you know that it shouldn’t take you too many attempts to get the red color. Therefore, we’ve just established that it is not to hard to enter a Singapore online casino and get out with an extra $100 in your pockets (*). Additionally, you can improve this method by waiting for long series of black numbers before gambling, which increases your odds of getting a red number during the next turn (**).

The assertions (*) and (**) above are fundamentally flawed, but this is no shame not to realize where lie the mistakes if you don’t have a scientific mind. As usual, I will let you ponder over these problems for a while and will give away the explanation in another related thread. The crux of the matter here is to keep in mind that there is no way to fool casinos, bookmakers, lotteries, etc … Such entities sell the people a share of dream, but very rarely will this dream convert into cash on the client side …

The author of this site is a trained mathematician, and has been a full-time resident of France (in Paris and Marseille), New York City and China, where he is still residing and working as a college lecturer. He has retained a keen interest in various fields related to sports, literature, philosophy, psychology and mathematics. As an obvious corollary, his writings are largely dominated by a spirit of logic and obstinate rationalization. Indeed, one of his ultimate quests is the conciliation of logics with emotions.

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