Gambling

by Unknown

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kinosh2006-02-28 01:53:21
http://hadm.sph.sc.edu/COURSES/ECON/Risk/riskdoubletest.html

Its interesting, shows a problem in my gambling strategy.
Ekard2006-03-01 22:57:57
QUOTE(kinosh @ Feb 28 2006, 04:53 AM) 263172

http://hadm.sph.sc.edu/COURSES/ECON/Risk/riskdoubletest.html

Its interesting, shows a problem in my gambling strategy.


That and maximum bet.

In Lusterania maximum bet is 100,000 gold or 100 lessons.

If you are using this sytem you may have such bad luck that you reach maximum bet and you wont be able to follow this system anymore. And then you will lose all what you have bet so fat.
Rhysus2006-03-02 04:46:40
QUOTE(Ekard @ Mar 1 2006, 05:57 PM) 263959

That and maximum bet.

In Lusterania maximum bet is 100,000 gold or 100 lessons.

If you are using this sytem you may have such bad luck that you reach maximum bet and you wont be able to follow this system anymore. And then you will lose all what you have bet so fat.


50,000 gold
Unknown2006-03-18 05:46:38
So can anyone actually come up with a gambling system or tell me some tricks to use to win more then I lose? Would really appreciate it.
Ekard2006-03-18 08:06:06
QUOTE(Gabreil @ Mar 18 2006, 08:46 AM) 270730

So can anyone actually come up with a gambling system or tell me some tricks to use to win more then I lose? Would really appreciate it.


Luck.
Forren2006-03-18 09:01:15
The best piece of advice?

Know when to stop.

If you win a good amount, just get up and leave. Usually I'll keep playing and end up having a six-hand losing streak where the dealer gets 20 and 21s. This is bound to happen, especially because computer randomness is not truly random.

I've lost over 100,000 gold on blackjack sad.gif
Unknown2006-04-10 13:42:24
A little Achaean fun:
QUOTE
2557h, 2640m, 11685e ex-
You bet 100 lessons on 18, eliciting a wry grin and a wink from Akhmeed, the
Wheel Master.
2557h, 2640m, 11685e ex-
Akhmeed, the Wheel Master says, "No more bets!" and gives the wheel a good spin.
The ball begins to smoothly spin around the wheel.
2557h, 2640m, 11685e ex-
You have 1643 lessons, 0 credits.
2557h, 2640m, 11685e ex-
The ball starts to bounce around wildly on the wheel, giving you no idea where
it will stop.
2557h, 2640m, 11685e ex-
The ball finally settles down on 18 (red).
2557h, 2640m, 11685e ex-
Akhmeed, the Wheel Master exclaims to you, "We have a winner! You've won 3500
lessons!" He returns the stakes for your winning bets, and hands you your
winnings.
2557h, 2640m, 11685e ex-
You have 5243 lessons, 0 credits.
ferlas2006-04-10 13:52:18
Hehe nice, I remeber lyco asking what to bet on then I said green and he said nah that was stupid and bet on someting else. Then the 00 came up tongue.gif
Unknown2006-04-13 21:00:38
EDIT: Ignore >_<
Athana2006-04-17 04:03:38
QUOTE(Forren @ Mar 18 2006, 01:01 AM) 270748

The best piece of advice?

Know when to stop.

If you win a good amount, just get up and leave. Usually I'll keep playing and end up having a six-hand losing streak where the dealer gets 20 and 21s. This is bound to happen, especially because computer randomness is not truly random.

I've lost over 100,000 gold on blackjack sad.gif


Definitely...I was playing roulette and was getting pretty lucky winning 100k and walking away with an even 400k in my purse, but then I thought to myself "Hey that was easy gold..why not just make more!?" and foolishly turned around to continue playing. I ended up losing it all (yes ALL OF IT! fear.gif)...it was depressing but I think that'll keep Athana away from the casino for a while tongue.gif Bad Ixion getting her hooked on gambling!
Stangmar2006-04-17 04:09:09
Yeah, that would keep me away too.

That and the fact that Thoros keeps killing the casino folk. Not that i haven't been tempted to do it too though. tongue.gif
Sakr2010-10-09 12:03:11
i'm rezzing this thread.

Now, does anyone have a certain code that will list what numbers were rolled in roulette, and could possibly place them in a list of highest probability to lowest? I usually run for green, won 2.5 million additional gold in an hour or so, but I also lost 1.2 million starting gold because the numbers would rather revolve around 2, 1, 30, 35, 26, and 27, with the occasional 00 or 0. (was pissed and was gambling green till I go bust or win).

Anyone knows of such a thing?
Unknown2010-10-09 13:15:45
I have a roulette tracking script, but it's not for others. It's not too hard to write, really...
Unknown2010-10-09 14:31:51
You can write the biggest, baddest script in the world, but it will not get away from the fact that you will just end up losing. (Mostly.)

There is -no- set procedure/function/equation that will help. At all. Ever.

Both are based on wholly random number generators. (Well, pseudo-random, anyway.)
Sakr2010-10-09 14:44:42
pseudo random in the sense that in the 200+ times I've played, some numbers do not roll even once, and it stays around about 15, 17 numbers, each having a different percentage that they will come up.

So far I'm doing this by hand, but if there are timestamps that affect when so and so comes up, then the chance I have to roll certain numbers or colors are cut down to little segments, losing half (lets say) of the potential profit or loss.
Ssaliss2010-10-09 18:01:21
QUOTE (Falcon @ Oct 9 2010, 04:44 PM) <{POST_SNAPBACK}>
pseudo random in the sense that in the 200+ times I've played, some numbers do not roll even once, and it stays around about 15, 17 numbers, each having a different percentage that they will come up.

So far I'm doing this by hand, but if there are timestamps that affect when so and so comes up, then the chance I have to roll certain numbers or colors are cut down to little segments, losing half (lets say) of the potential profit or loss.

Well, to be fair, 200 isn't really enough when it comes to a range of 38 values. At that point, every value would roughly hava a .5% of not appearing, meaning the odds of one of them not showing is about 20%. Of course, several numbers not showing is improbable, but not outside the realm of possibility.

I just did a test of my own; during 159 spins, every number came up at least once. There are some highs and lows on which numbers came up more often, of course, but it's still early in the tests.
Unknown2010-10-09 18:01:33
QUOTE (Falcon @ Oct 9 2010, 03:44 PM) <{POST_SNAPBACK}>
pseudo random in the sense that in the 200+ times I've played, some numbers do not roll even once, and it stays around about 15, 17 numbers, each having a different percentage that they will come up.

So far I'm doing this by hand, but if there are timestamps that affect when so and so comes up, then the chance I have to roll certain numbers or colors are cut down to little segments, losing half (lets say) of the potential profit or loss.


I do have to say this before you continue with your studies with regards to this. You -are- aware that in standard American roulette rules. (i.e. In game rules) there is a 5.3% overall advantage to the game host. (Thank 0 and 00 for this, mainly.)
Ssaliss2010-10-09 18:04:43
QUOTE (Rampart @ Oct 9 2010, 08:01 PM) <{POST_SNAPBACK}>
I do have to say this before you continue with your studies with regards to this. You -are- aware that in standard American roulette rules. (i.e. In game rules) there is a 5.3% overall advantage to the game host. (Thank 0 and 00 for this, mainly.)

I don't think that was the issue here. In real roulette, the odds are the same for each number coming up. He's claiming that is not true in Lusternian roulette.
Unknown2010-10-09 19:19:25
QUOTE (Ssaliss @ Oct 9 2010, 07:04 PM) <{POST_SNAPBACK}>
I don't think that was the issue here. In real roulette, the odds are the same for each number coming up. He's claiming that is not true in Lusternian roulette.


Ahh, forgive me. I stand corrected.

I got rather intrigued by this, and came across this 'challenge' that I am sure will also intrigue many readers.
Casilu2010-10-10 06:08:52
QUOTE (Rampart @ Oct 9 2010, 12:19 PM) <{POST_SNAPBACK}>
Ahh, forgive me. I stand corrected.

I got rather intrigued by this, and came across this 'challenge' that I am sure will also intrigue many readers.



Your signature quote is wrong, I just like watching things fall apart.