For those of you who bet online casino games, how much do you risk a week?
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For those of you who bet online casino games, how much do you risk a week?
I will never play Online Casinos ever again. That was the best
advice you ever gave me bud!
Same here bud, but there's alot of people here who still bet online. I'm curious what their action is.Originally Posted by imgv94
I was up 4k one night @ bodog. Lost it all back. Like an idiot. I was
drunk. I lost 97 out of 100 hands after winning that 4k,
97 out of 100...that's sounds like an online casino to me.
Did you play according to blackjack strategy?Originally Posted by imgv94
If so then either:
1) You've got conclusive proof that Bodog blackjack (and the RTG software as a whole) is rigged. You could make a big name for yourself in the casino industry with this type of information.
2) This claim is total and absolute bullshit.
I'm leaning towards 2).
I have the casino option disabled at all books that I play with...
I play at william hill and intercasino each month with the match bonus.. but without an easily clearable bonus, and a site I feel secure with, I wouldn't play at an online casino...
Wow, I didn't even know they had casinos like this.Originally Posted by datek23
I am not lying. I won 4k on blackjack I lost it all backOriginally Posted by tacomax
I swear on my mothers life. Also It sure felt like I
lost everyhand ever since I logged out that night.
Just drop 300 in a casino work it up 2700 cash out in neteller when i woke up this morning.
i won 5 figures on bodog got paid in 24 hours over a year ago. Some people just dont know how to play.
You don't even know how to talk.
imgb94 u want to put up money?
I can prove what i can do jerk
You cant play, cause you lack skills and money management techinques. Your life is probably jack up from lack of money management
I have screen shots, casino logs. Lets put some money on it
707782, you need to know where to play. Some are rigged.
Some you have to stay under the radiar.
You can't even read or write and you expect me to believe you win
consistently.If that is the case there you are just blessed. But I do not
believe you. Your the same guy that sells bogus insurance on your
broken down like a sawed off shotgun forum,and copies whatever SBR says
about a sportsbook. Your a joke!! Everybody at the edge was right you are a joke.
No one can understand you when you write.I am not going to continue this
cause all it is going to do is make you more popular.
I copy anything to help someone. But that not what i am asking you.
Put up or shut up. I will bet you 1k that i can make a profit gambling.
Yes I can spell or read. But i am rich. Take the bet <> you man enough.
Ps fool , i dont sell insurance. I Back the sponsors i put up.
Also I have 220k to back up the union if something go wrong.
Learn to gamble or quit. Dont cry and blame the casino or book cause you cant win. Cry baby bitch
Holla
Last edited by DamianDunlap; 03-03-06 at 07:01 PM.
OK, let's assume you're not lying and I'll re-phrase what I said earlier.Originally Posted by imgv94
If you played according to blackjack strategy then either:
1) You've got conclusive proof that Bodog blackjack (and the RTG software as a whole) is rigged. You could make a big name for yourself in the casino industry with this type of information.
2) You've misrepresented the actual data. On a massive scale. AKA it didn't happen.
A report was carried out a few years ago on various software types where millions of hands were played in order to see if the software was as random as it was claimed they were. Unfortunately, that report was pretty much dismissed by the gambling community since the write-up contained error after error after error. Maybe the results were spot-on, but when you make so many schoolboy errors in the write-up then you've got to wonder about how accurate the project was to start with.
Anyway, I'm digressing here. This report stated that the probability of a dealer win on RTG software, assuming perfect player strategy, was 51.274%. Let's assume that that figure is true - it sounds about right. Here is a link to the report:
http://www.truegambler.com/Sept2003BJA.PDF
The data is on page 10. It actually lists the data as "Player Win/Lose/Push" but it's actually "Dealer Win/Lose/Push" - one of the many mistakes in the write-up.
Over 100 hands with 3 wins, you average a win every 32 or so hands. With odds of 51.274% of losing an individual hand, the probability of losing 32 straight hands is 1,919,948,724 to 1. You did the equivalent of losing 32 straight hands not once, not twice but three times.
Ganchrow will hopefully butt in and give the correct theoretical probability of seeing 97 losses in 100 hands. I've had too much beer to work out odds that size.
Gentlemen, online casinos can produce some outrageous anecdotes, but it's nothing that can't happen at a land casino. For those players that don't understand the concepts of strategic play when playing casino games, it is advisable to avoid the casinos entirely. I can assure anyone that the games being provided by all the major software groups (Microgaming, Playtech, Real Time Gaming, Net Entertainment, etc.) are completely random and accurate. No evidence has ever been provided otherwise, yet there are volumes of evidence that prove the fairness of the games. That having been said, the vast majority of games being offered do have a house edge built in even when using perfect strategy, therefore if you want to make money over the long term playing the games then you need to have additional value coming from some kind of compensation system.
Twist my arm why don't you?Originally Posted by tacomax
Actually you've misunderstood that number. As far as I can tell it does refer to Player Win/Loss/Probabilities, but only in reference to "situations where there is still an 'alive' player hand requiring the dealer to complete his hand." (Page 3 of truegambler.com PDF.) The actual probability of a dealer winning a single hand of blackjack is considerably lower. For "Atlantic City" rules blackjack (8 decks, double any first two cards, double after a split, split up to four hands, no surrender, dealer stands on soft 17), The Wizard of Odds puts the probability of a player win/dealer loss at 43.31%, the probability of a player loss/dealer win at 47.89%, and the probability of a push at 8.80%.Originally Posted by tacomax
It’s a good thought, but not technically correct. The probability of winning 3 hands out of 96 (call it outcome A) is in fact higher than the probability of winning exactly 1 hand out of 32 three times in a row (call it outcome B). It’s quite logical if you really think about it as outcome A is a subset of outcome B. There are many ways outcome A might occur without necessitating outcome B’s occurrence (win the first 3 hands and then lose the next 93, for example), however, there is no way for outcome B to occur without outcome A also having occurred. Hence, outcome B has a lower probability of occurring.Originally Posted by tacomax
Anyway, back to the original question: What is the probability of losing 97 out of 100 hands of blackjack?
Using The Wizard of Odds’ single hand loss probability of 47.89%, the probability of losing exactly 97 hands out of 100 would be:And the probability of losing 97 or more hands out of 100? Well that would just be the sum of the probabilities of winning exactly 97 out 100, exactly 98, exactly 99, and exactly 100, which is:Code:= 47.89%^97 x (1-47.89%)^(100-97) x combin(100,97) ≈ ( 9.633 x 10^-32 ) x ( 0.142) x 161,700 ≈ 2.204 x 10^-27 ≈ 0.0000000000000000000000002204%Code:= 47.89%^97 x (1-47.89%)^(100-97) x combin(100,97) + 47.89%^98 x (1-47.89%)^(100-98) x combin(100,98) + 47.89%^99 x (1-47.89%)^(100-99) x combin(100,99) + 47.89%^100 x (1-47.89%)^(100-100) x combin(100,100) ≈ 2.267 x 10^27 ≈ 0.0000000000000000000000002267%
Yeah, that's what I meant.Originally Posted by ganchrow
Hic.
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I dont play online casinos, hell I hardly play at the live casinos. Just not my thing. I dont see how people can sit at a slot machine for 8-10 hours a day. I would get bored in 10 minutes.