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Can we please stop looking for the HG? (and focus on Moneymanagement?)

Started by ignatus, Sep 22, 09:34 PM 2017

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ignatus

If you like to donate link::[url="//paypal.me/ignatus1"]//paypal.me/ignatus1[/url]

"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

Scarface

Thanks for the link Atlantis!  This is exactly what I'm talking about, and probably says it alot better than I did.  Seems to be a very safe money management system for all types of betting

Mortagon

KimoLiRoulette said Apr 17, 2017
Quote:
Julian Budd
"I wondered when playing at the $25 chip stakes, at what point would you quit if things didn't go as planned? What would your stop Loss be?"
Kimo Li
"Also, with a 25.00 chip stake, playing 09 numbers, the stop loss would be -900.00."
The existence is to be - not to possess! Evolution does not have the task to create prosperity, but rather to create gods! The fight is not for the man , but for the freedom of God in man. Every man is a god in development!

3Nine

Quote from: Mortagon on Sep 24, 05:53 PM 2017
KimoLiRoulette said Apr 17, 2017
Quote:
Julian Budd
"I wondered when playing at the $25 chip stakes, at what point would you quit if things didn't go as planned? What would your stop Loss be?"
Kimo Li
"Also, with a 25.00 chip stake, playing 09 numbers, the stop loss would be -900.00."

Mort - cut the Kimo crap.
Do I turn the wheel,
or does the wheel turn me?

celescliff

Quote from: ignatus on Sep 24, 02:31 PM 2017
Remember this?? LOL  ;D

What you mock was actually the truth. MM is virtualy useless. Just because a couple tell what you want to hear don't mean its true.

ignatus

Quote from: celescliff on Sep 25, 02:44 AM 2017What you mock was actually the truth. MM is virtualy useless

Well? yes perhaps? if you have a losing system then no MM can help you. But if you have a *decent* system , with 70%-80% winrate i think you may consider a good MM-plan, to minimize losses. I don't believe in roulette winning long-term, therefore, i believe in hit-and-run, ...short sessions... AND point is playing this way, (depending on the particular system) IS to find a good stoploss and wingoal, that's My moneymanagement plan,--but you know me-- i've always played with negative progressions before? it's only Now im tryin' Flatbet, seriously. and betting the wheel.? I think Scarface's & Atlantis MM 5%-BR Bet was clever,...??
If you like to donate link::[url="//paypal.me/ignatus1"]//paypal.me/ignatus1[/url]

"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

celescliff

Well, even though it is virtualy useless my personal favourite is one caleb suggested for flat bet systems, which is to give 1% of your br for each loss and up as you go.

If you start with 1000 units, 10 units should be on the mat, 2000 units 20 units on the mat and so on.

ignatus

Quote from: celescliff on Sep 25, 06:21 AM 2017my personal favourite is one caleb suggested for flat bet systems, which is to give 1% of your br for each loss and up as you go.

If you start with 1000 units, 10 units should be on the mat, 2000 units 20 units on the mat and so on

Yes, seems to be a great MM-plan; I only am curious how that would work in real play, for an example Raise/lower bets after each session? OR rase/lower bets as you play (depending on how long sessions you play) ?

im not clear about this, but i will experiement with this, .....

Thanks :)
If you like to donate link::[url="//paypal.me/ignatus1"]//paypal.me/ignatus1[/url]

"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

celescliff

Quote from: ignatus on Sep 25, 06:58 AM 2017
Yes, seems to be a great MM-plan; I only am curious how that would work in real play, for an example Raise/lower bets after each session? OR rase/lower bets as you play (depending on how long sessions you play) ?

im not clear about this, but i will experiement with this, .....

Thanks :)

Sorry, my last post was a little bit of a rush.

The 1% is the maximum you should have on the mat, so if you have a 1000 unit bankroll, you don't need to have 10 units on the mat, but the maximum amount should be.

Also, you don't need to have those milestones to raise either. I personally don't use a win stop but lets say you have a 1000 unit BR and want to reach to 1500 units before you quit, when you are up to 1100 units then 11 units is the maximum you can have the on the mat. 1200 units then you have 12 units max and so on. If you get back to 1000 you shouldn't go back to 10 units max, but still have 12 units max. You can also withdraw that 500 units and go back to 1000 unit and start over with 10 units max, so you don't need consistently raise your units.

But with this way, you must have atleast 100 straight losses before your BR is tanked.

I said it was for flat systems only, but you could use a progression as well, as long as your progression, negative or positive, don't pass that 1%.

Hope you understand now more what I mean. ;)

ignatus

If you like to donate link::[url="//paypal.me/ignatus1"]//paypal.me/ignatus1[/url]

"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

Scarface


cht

There're 2 kinds of players, those that view MM as an important part of their system and those that use very simple MM.

The latter group is the minority.

So how do their system gain an edge over the casino with simple MM, flatbet or 1step progression at most ?

By the accuracy of their betselection.

How then do their system gain such accuracy ?

The use of physics and/or math.

The benefit of betselection with high accuracy are 3fold -

1. Low risk exposure,

2. Low bankroll as a result, and

3. Avoid risk of ruin from black swan events.

The million dollar question is -

IS THIS POSSIBLE ?

Your perspective to this question naturally place you together with the the pool of players that guide your thoughts and corresponding action towards casino games.

I always say

REDUCE THE GAMBLE IN GAMBLING.

We are not gamblers and we don't gamble.

Stick to this mindset always, always.

ego

 I play in the short run and will not experience the long run - then i am dead.
I start to win when i start to use Regression Up & Pull and keep my winnings when i lose.

If you can avoid giving all the profits back to the casino when you lose - then you should do just that.
When you strike and win big you push for more using positiv progression and walk home with a big smile on your face

Cheers


Denial of gamblers fallacy is usually seen in people who has Roulette as last option for a way to wealth, debt covering and a independent lifestyle.  Next step is pretty ugly-
AP - It's not that it can't be done, but rather people don't really have a clue as to the level of fanaticism and outright obsession that it takes to be successful, let alone get to the level where you can take money out of the casinos on a regular basis. Out of 1,000 people that earnestly try, maybe only one will make it.

Herby

Quote from: ego on Sep 26, 12:57 PM 2017
I play in the short run and will not experience the long run - then i am dead.
The random flow is not time dependent!  If you're unlucky you face hell before you are dead.
ego and the highwayto hell

Mortagon

Quote from: ego on Sep 26, 12:57 PM 2017
I start to win when i start to use Regression Up & Pull and keep my winnings when i lose.
:thumbsup:

When to use Up and Pull
link:://roncen.websitetoolbox.com/post/when-to-use-up-and-pull-4252481?highlight=up+pull


link:s://:.rouletteforum.cc/index.php?topic=17139.msg158619#msg158619
the General
Quote:
„My best advice to some of you young guys that are gambling is to go back and read some basic money management "
principals by John Patrick and other old timers.“


link:s://:.rouletteforum.cc/index.php?topic=17112.msg166838#msg166838
the General
Quote:
„1. When you have a working method/system, again, the more you play, the more you should win.
2. If your method/system works, then you should stop playing accountant.  Stop thinking in terms of "one session" and consider all sessions within a month combined as one on going session.  (Yes, you still need to keep records.)  Your goal though is to play for as long as possible as long as the playing conditions are good.  Focus on the game, not the accounting.   A losing session is irrelevant.  It's no different than a losing spin in the big picture.
3. HOWEVER.. If you're relying on variance to win, then you need to quickly realize that you're just gambling!  You are relying on luck to win and you should quit whenever you can get ahead (Follow John Patrick's advice.)“


Quote from: iggiv on Jul 08, 08:17 PM 2012
Most if not all legitimate  pro gamblers (John Patrick, Bret Morton and others -- well known) advocate hit-n-run. No one will tell u -- "sit in casino and play till u have power to...
If u r OK with it, then play 3 days in a row, that's ok".

they know very well, everyone who knows about gambling know that u should stop as soon as possible at the right moment...and not to play for too long...

that's what hit-n-run is about...


Topic: Regression betting on trends
link:://roncen.websitetoolbox.com/post/show_single_post?pid=1273555742&postcount=15&forum=0




The existence is to be - not to possess! Evolution does not have the task to create prosperity, but rather to create gods! The fight is not for the man , but for the freedom of God in man. Every man is a god in development!

-