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Key Point One: How Do Casinos Make Money?
If you want to win money at a casino, you must first understand how the house (the casino) makes money. Does it rely on elaborate props and tricks like in the movies? Special buttons? Cameras? Of course not! Casinos make money based on probability and expected value. In simple terms, their payout odds must be slightly lower than their odds of winning. When a large number of people play, the casino consistently profits from this difference. For example, in roulette, there are 38 numbers, and the probability of selecting a specific number is 1/38, while the payout is 35 times the bet. This means that if all players bet the same amount on each number, the casino makes a profit of $3. If you were to bet $1 on a number each time, theoretically, you would need to bet $38 to win $35. The same principle applies to other casino games like blackjack, craps, and even slot machines. Basically, the odds are slightly less than 1/2 for even-money bets, and the probability of winning is slightly less than 1/2. For games like baccarat, where players can bet on the banker or player, the casino takes a 5% commission on banker wins. This is how the casino makes money. Without understanding this fundamental principle, no matter how you gamble, you're likely to lose, just as with stocks, there's a big difference between those who know how to play and those who don't.
Key Point Two: Getting Started with Roulette
Why is roulette recommended as a starting point for beginners over the more commonly known game of blackjack?
While blackjack is a game most people are familiar with, not everyone knows how to win at it. Blackjack has a complex card counting strategy involving decisions on when to stand, surrender, or increase bets, making it challenging to achieve a high win rate through luck alone. Therefore, roulette is recommended for beginners because its odds and payouts are easier to calculate and more stable. For example, the probability of outcomes like red/black and odd/even is 18/38 (slightly less than 1/2), resulting in a 1:1 payout ratio. Betting on groups of six numbers has a probability of 6/38 (slightly less than 1/6) with a 1:5 payout ratio. Betting on individual numbers has a fair 1/38 probability. Roulette offers relatively stable odds compared to blackjack, which involves more subjective decisions. This makes it a suitable game for beginners to make money. Now, let's learn how to use roulette to make money.
Key Point Three: How to Make Money with Roulette
The first formula (focused on red/black and odd/even bets):
After entering the game, start by using play chips to observe and record the results of red/black and odd/even bets. Record around 10 to 20 results to understand their patterns. Typically, a color (red or black) won't appear more than 5 times in a row, and the same applies to odd and even numbers. When you see three consecutive red results, immediately bet real chips on black (usually starting with $10). What if you don't win? Don't worry; it means the probability of black appearing is increasing. If you still don't win, double your bet to $20 next time. The goal is to win $10 in one cycle (from the start of betting until a win occurs). Since you've already waited for at least three rounds, you usually win within 1-3 bets.
The second formula (focused on groups of numbers with a 5x payout):
This is a commonly used and well-designed formula. It yields high profits when you have comprehensive data on the numbers. Firstly, record results without betting, especially if you're in a real casino (such as a cruise ship), where you can observe others' bets. Divide the numbers into six groups: (1-6), (7-12), (13-18), (19-24), (25-30), and (31-36) and record the results. Then follow the formula below to place bets. Typically, within 15 spins, there's a 93% probability of winning using this formula. In most cases, you'll win within 5-6 bets, but it won't go beyond 10 bets. With proper record-keeping, you can earn a few thousand Taiwanese dollars in about two hours. However, correct predictions can yield even faster results when combined with red/black and odd/even bets.
Note: These strategies still carry risks. The key is whether you can continue betting after losing eight times, considering your available budget. Therefore, it's crucial to assess your financial situation before gambling. If you're a student without a reliable income source, it's advisable not to engage in gambling and settle for the free $30 bonus offered by the casino. |
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Post time 22-9-2023 07:30:37