Do these points give us an edge?

[GLC]

 The Player's Edge
As powerful as the casinos may seem to be, you can walk into a
casino knowing that you have an edge over the house. As a
successful gambler, you have to be able to win more than you lose.
What are the tricks you will use to gain an edge over this
formidable adversary?
Your edge will consist of the following actions:
Most players never realize what an advantage these offer. The
casino cannot be flexible. It must continue to offer the same games,
with the same rules, without the ability to react to changing
conditions. The nimble player can weave and dodge and even
choose not to play a particular game. Let's elaborate on the player's
edge:
1. When you are losing, you can quit. You can always
control your losses while the casino must continue to offer its
games regardless of the outcomes. Most roulette players buy a
fixed amount of chips and then don't quit until all of the chips are
gone. There is no law that says you have to lose your entire buy-in
before you lick your wounds and call it a game. Smart players
learn to read a losing session long before all of their chips are gone
and know how to walk away with at least some of their game
bankroll intact.
2. When you are winning, you can walk out with the
casino's money. As a player you can always control when you
stop playing. While the casino must continue offering its games
twenty-four hours a day, you can jump in, grab a win and pull off.
You have ultimate flexibility while the casino does not.
3. You can vary the size of your wagers. One approach a
player can use is to increase the size of his wagers when he is
winning and reduce them when losing. He may also choose to
raise his wagers after losses so that only a win or two out of many
wagers will put him ahead. A player can set up options where he
doesn't have to win the majority of his bets. Using these
techniques effectively goes a long ways towards minimizing the
house edge and even turning it into a player edge!
4. You can pick where to play. You can play at tables
offering the best situations for you. You can choose to play at
tables that are almost empty by playing during slack periods. This
can significantly increase your hourly win rate. You can also make
it your business to know where the best payoffs are.
If you are looking for certain table conditions, you can scout for the
right table before you play. You have numerous options while the
house must offer the game to anyone who is old enough to play,
conforms to fairly lax casinos standards and has some money to
begin play.
5. You can modify your strategy based on table results
and conditions. Every table develops different trends at different
times. Since we are going to concern ourselves only with even money
bets, we will take a hard look at patterns, streaks and other
occurrences. You can adjust to the changing playing conditions as
they occur. If the table is repeating a particular color, you can
modify your strategy to take advantage of this trend. If the chop
from one color to another, seemingly in an unpredictable manner,
you can make still different moves. In short, you have the ability
to bob and weave, duck and thrust, parry and counter punch. The
table can't react to anything. Every roulette table is like an
inanimate object that must endlessly grind out numbers, while you
circle and pounce.
6. You can use discipline to develop a winning plan and
then stick to it. The house has ultimate discipline. The very
structure of the casino games and atmosphere exhibit a carefully
planned approach designed to transfer funds from the players'
pockets into the casino coffers in the shortest time possible. Of
course, to a large extent this relies on most players' lack of
discipline. Once you gain the discipline to set up a winning game
plan and then follow it, you can effectively neutralize much of the
casino's edge.

Any thoughts?

[Ralph]

Yes you can use many thing in a casino, they still have theire HE. They will get it, but it may not be you paying them.

The casinos heavy bankroll, is one of there strength, its not possible(rare at least) you can sack them using your bankroll.

Where are situations then the roles becomes opposite. If you find a good streak and rise your bet while winning, the casino fight for win your first bet, and you go for the table limit, the casinos last defense in this situation.

This is quite opposite to the martingaler, risking a bankroll for a unit.

[ego]

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Yes i also been thinking about this subject and the following is my opinions.

First i think the edge is define using ROI (Return of investment) using roulette systems.

I also think that strike ratio is one important parameter.
Find a bet selection that allow you to hovering around win and loses to win or break even with 63% hit ratio.

I very much like the idea and the picture of the bell curve Victor post.



Then i think there exist different ways of advantage for players to lower there stakes at the right moment to operate with casino money.
I find one optimal way to do just that using even money position High/Low as you can play the lines with less and still covering the same position.

It even exist one more - move on to the air-ball machine and operating with 1 Euro units.

Also think during that moment some one should change strategy to try to grind as safety net and try to stay in the game as long as possible operating with casino money.

That way some one would minimize putting there original bank at risk.