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yatzr · 07-15-2004, 02:14 PM

Yes, I realize the whole thing with what color comes next is flawed. That's not really what I was asking about though. The strategy of betting small and then raising if you need to get back to even is what I wanted to know what everyone though about (I realize this sentence makes it sound like a dumb strategy...go back and read the initial post for in depth). This is only for betting colors, no numbers involved.

edit: I thought I'd give an example to help illustrate it. Lets say I'm going to bet nothing but red the entire time. I bet 1 dollar and win the first one. That's an extra dollar in my pocket, but I'm not going to count it towards my cash. I bet 1 dollar again and lose. I'm now down 1 dollar (since my initial winning isn't counted toward my cash). Now I have to get back to even, so I bet a dollar. If I win, I go back to the beginning and repeat. If I lose again, I now bet $2 to try to get back to even. Lose again and bet $4 etc. Sooner or later, I will win and go back to even. All of this while keeping winnings on the side. A repeated process should end me up with winnings as long as I don't lose so many in a row that my bet would have to break limit to get back to even (which is why my initial bet has to be small). Granted, the winnings are small, but they are winnings.

I thought I'd also put this in a flow chart like description.

Step 1: Bet $1

win? winnings up $1, go to step 1................lose? go to step 2

Step 2: Bet $1

win? you're even so go to step 1...........lose? go to step 3

Step 3: Bet $2

win? you're even so go to step 1...........lose? go to step 4

Step 4: Bet $4

win? you're even so go to step 1...........lose? go to step 5

Step 5: Bet $8

win? you're even so go to step 1...........lose? go to step 6

The steps just go on like this. Sooner or later, I will go back to step 1 (even if the odds are only 47%ish).

I think I'm going to test this at the dumb betting game at our county fair. It's a checkered dart board and you bet which color the thrower will hit (there's also the black lines inbetween and you can bet on those...they pay 2 to 1,... red/white bets are about 40-45% odds). The only problem is min bet is $1 and max bet is $10, so if I lost 5 times in a row I wouldn't be able to bet high enough to go back to even.

07-15-2004, 02:14 PM	#5 (permalink)
yatzr Insane	Yes, I realize the whole thing with what color comes next is flawed. That's not really what I was asking about though. The strategy of betting small and then raising if you need to get back to even is what I wanted to know what everyone though about (I realize this sentence makes it sound like a dumb strategy...go back and read the initial post for in depth). This is only for betting colors, no numbers involved. edit: I thought I'd give an example to help illustrate it. Lets say I'm going to bet nothing but red the entire time. I bet 1 dollar and win the first one. That's an extra dollar in my pocket, but I'm not going to count it towards my cash. I bet 1 dollar again and lose. I'm now down 1 dollar (since my initial winning isn't counted toward my cash). Now I have to get back to even, so I bet a dollar. If I win, I go back to the beginning and repeat. If I lose again, I now bet $2 to try to get back to even. Lose again and bet $4 etc. Sooner or later, I will win and go back to even. All of this while keeping winnings on the side. A repeated process should end me up with winnings as long as I don't lose so many in a row that my bet would have to break limit to get back to even (which is why my initial bet has to be small). Granted, the winnings are small, but they are winnings. I thought I'd also put this in a flow chart like description. Step 1: Bet $1 win? winnings up $1, go to step 1................lose? go to step 2 Step 2: Bet $1 win? you're even so go to step 1...........lose? go to step 3 Step 3: Bet $2 win? you're even so go to step 1...........lose? go to step 4 Step 4: Bet $4 win? you're even so go to step 1...........lose? go to step 5 Step 5: Bet $8 win? you're even so go to step 1...........lose? go to step 6 The steps just go on like this. Sooner or later, I will go back to step 1 (even if the odds are only 47%ish). I think I'm going to test this at the dumb betting game at our county fair. It's a checkered dart board and you bet which color the thrower will hit (there's also the black lines inbetween and you can bet on those...they pay 2 to 1,... red/white bets are about 40-45% odds). The only problem is min bet is $1 and max bet is $10, so if I lost 5 times in a row I wouldn't be able to bet high enough to go back to even. __________________ Mechanical Engineers build weapons. Civil Engineers build targets. Last edited by yatzr; 07-15-2004 at 02:35 PM..