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Hit and run

 
 
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Dulce
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Joined: 23 Feb 2010
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PostPosted: Tue Dec 21, 2010 6:34 am    Post subject: Hit and run Reply with quote

Hello all of you..

I have to share what I have done for the last 5 times I played at the casino.

This was ofcourse a chance and I thouhght of if I succeded the first time, that would allow me to
lose one time to be even and try again and so on.

Actually I have made it 5 times in a row.

This is what I did:

1. I bet 50$ on RED, if I loose I will bet 100$ on RED and if I loose i will bet 200$.

This only allow me 3 chances but still a quite good chance as I could loose 2 times when I won
the first 2 times.

Now it left me with a 500$ easy profit Smile

I dont know if I could recommend it but perheps!
I think I will party the money up hehe Smile

Best play for you all! Tell me if you did it!
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Kay
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Joined: 07 Jan 2009
Posts: 3079
Location: Mostly SE Asia
4173 ants

PostPosted: Tue Dec 21, 2010 7:58 am    Post subject: Reply with quote

Why are you posting this on here? This is a business forum, not a gambling forum.

Congratulations on your fantastic win. I suggest you invest some of the money in a dictionary or spelling lessons.
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paul
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Joined: 15 Oct 2002
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Location: UK
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PostPosted: Tue Dec 21, 2010 1:38 pm    Post subject: Reply with quote

...or some maths lessons.

If you bet $50 on red, and then $100 on red, and lost both times, and then did the same with $200 and won, then you'd have won $200 (assuming odds of evens) plus got your $200 stake back, but you'd have lost $150. Therefore, you'd have made a profit of $50.

What you haven't factored in is what happens when you have a 'bad run' and you find yourself betting, say, $12800, all just to end up with a $50 profit ultimately. Is that something you're prepared to chance? How long could you keep going?

Plus, if it's roulette we're talking about here, what happens when it lands on zero? (ie. neither red nor black)

Bookies and casinos are usually rich for a reason. Wink
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adigaskell
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Joined: 01 Jul 2004
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PostPosted: Tue Dec 21, 2010 1:48 pm    Post subject: Reply with quote

I tried this tactic and got mega rich. I then teamed up with a Nigerian gentleman who just needed somewhere to store his fortune, and got even richer. Alas I then invested it all into a MLM scheme selling chocolate tea pots and lost it all Crying or Very sad
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Kay
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Joined: 07 Jan 2009
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Location: Mostly SE Asia
4173 ants

PostPosted: Tue Dec 21, 2010 2:49 pm    Post subject: Reply with quote

Quote:
If you bet $50 on red, and then $100 on red, and lost both times, and then did the same with $200 and won, then you'd have won $200 (assuming odds of evens) plus got your $200 stake back, but you'd have lost $150. Therefore, you'd have made a profit of $50.


As an (ex) accountant, I hadn't even figured that out for myself. I'm so used to having a tribe of minions to do the number crunching it never even occurred to me to look at the numbers! Laughing
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paul
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PostPosted: Tue Dec 21, 2010 5:41 pm    Post subject: Reply with quote

Are you calling me a minion? Poke
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Kay
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PostPosted: Tue Dec 21, 2010 5:49 pm    Post subject: Reply with quote

M...m...m..minion? No boss. I intended to say one in a million! Twisted Evil
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