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Hi Graham,
Wednesday, October 29, 2003, 6:18:41 PM, you wrote:
G> I have spoken with a guy at a casino once who used this threory
G> for betting on the roulette wheel He would double up after each
G> loss. Works fine if you have enough chips in your pocket for when
G> you have a losing streak. The $10 I allowed myself for the night
G> wouldn't let me try this.
Eventually he will live in a refrigerator box, maybe near Shinjuku
station here in Tokyo. <g> That, and the fact that they want to grind
out the percentages rather than risk the entire casino on one roll or
spin, is why they have limits on the tables. One would surely hit a
bad streak that bumps up against the table limit.
So, you'd have to start out with a rather meaningless amount of small
change, then if things go bad keep doubling, each time giving away a
small percentage to the house on the wager. Eventually you'd have to
bet a huge sum of money on a proposition that the house is favored to
win . . . just to break even?
Ahhhhh, no thanks. ^_^
Yuki
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