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To those that know me and even more so to you newbies and young gamblers
I wanted to share something I just posted in another thread. I believe it really
deserves it’s own thread. If your on this forum your dreaming of finding that
elusive “Holy Grail” or “Easy Road To Sucess.” Some of you will spend a life time
chasing the “DREAM” in one form or the other. But if you think gambling is the
easy road to all your dreams, take a minute and read this PLEASE!!!!!
This is a post I just posted to someone on this forum who thought I was a
“Smart guy.”
“Hi GNO,
So how are all those hot booty blondies treating you? Isn’t it so nice
to fantasize the rewards of having our own Holy Grail? That’s the problem,
there’s always two sides to the coin. You mentioned the “adrenaline shot”,
I sometimes refer to it has the “Enzymes High”. There’s an interesting
article titled, “Is good luck at gambling all in the genes?” which I think
all gamblers should take a few minutes to read. http://www.nature.com/news/2010/101208/full/news.2010.659.html
All the “math” guys swear it’s totally about the numbers, they speak of
probability and the so called inevitable “Long Run” and the Law of Large
Numbers.” The House Edge will always “get you” is supposedly why 99.99%
of gamblers LOSE, well I have argued for years that it goes way beyond just
the small house percentage. I call it the “Human Factors”, the simple lack of
discipline and control over one’s own emotions. Most gamblers swear it’s just
bad luck, but it’s those sneaky little enzymes that are the real monsters to
our own destruction. Our greed and impatience, that lust for instant gratification
is all tied to those little monsters, “that breaks down neurotransmitters such as
serotonin — affect financial decisions.” To all those that have read some of my
post of the last year and half will know, I always tell guys to THINK, THINK, THINK!
I bet most guys who have read that must have said to themselves, “What the hell
is Chingy talking about.” Sometimes you must step back to see the “whole picture.”
Once that emotion of anger or greed takes over there is no rational thought process!
We all know that moment as gamblers, one more bet or it has to change, it’s those
times we throw all logic to the wind. Perfect example is when most gamblers are say
up a $1,000 and suddenly the tide turns and we’re only up $500, most gamblers at
this point will in their minds say I’m down $500! Where a well disciplined man would
say, “I’m still up $500.” All thoses that are reading this right now, be honest, haven’t
you done this at one time or the other?
GNO, in reply to your comment, “I must admit: you are one smart guy Chingy.”
That’s the farthest thing from the TRUTH! I’ve gambled some over 50 years, starting
with flipping baseball cards in the school yard trying deseparately to win the Holy
Grails of that era, Mickey Mantle and Roger Maris! That high still lives with me to this
day when I remember winning those two Holy Grails. I treasured those
cards for years, hidden in a draw and every night taking them out to assure himself
I wasn’t dreaming! Those “Little Fuckers Enzymes” were at work long before I ever
knew they existed. That’s why I tell everyone who thinks they can win at gambling
and that that the Holy Grail is out there, “You Must Learn To Lose To Ever Be A Winner.”
So to all you fools that really believe there’s some easy road to riches, THINK THINK THINK!
If I won the lottery today for a $100 MILLION DOLLARS, it still wouldn’t be worth the
“Road of Hardship” of being a GAMBLER! Sure I’ve learned and made a few “pennies”
in the last 10 years playing poker and now with the Ching-A-Ling, but at what price
did it really cost me! GNO, there are NO smart men in gambling, TRUST ME, I know!
Louie “
So if you don’t believe a foolish old man, maybe you’ll learn something from a guy
who once won $40,000,000.00 (yes that’s 40 MILLION).
“Archie Karas (born Anargyros Karabourniotis[1] (Ανάργυρος Καραβουρνιώτης), in 1951)[2] is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in gambling history simply known as The Run when he turned $50 in December 1992 into more than $40 million by the beginning of 1995, only to lose it all later that year. He is considered by many to be the greatest gambler of all time and has often been compared to Nick the Greek, another high stakes gambler.[3] Karas himself claims to have gambled with more money than anyone else in history.”
And if that doesn’t make you THINK, here’s another world famous gambler!
” Stuart Errol “Stu” Ungar (September 8, 1953 – November 22, 1998) was a professional poker, blackjack, and gin rummy player, widely regarded to have been the greatest Texas hold ‘em and gin rummy player of all time.[1][2][3][4]
He is one of two people to have won the World Series of Poker Main Event three times(Johnny Moss also has three WSOP titles but his first was obtained by a vote of the players, not by winning a tournament). He is also the only person to win Amarillo Slim’s Super Bowl of Poker three times, the world’s second most prestigious poker title during its time.[3] He is one of three players to win the WSOP Main Event twice in a row, along with Doyle Brunson and Johnny Chan .”
“Death
On Friday, November 20, 1998, Stu Ungar checked into room No. 6 at the Oasis Motel, a cheap motel located at the end of the Strip.[17] Ungar paid $48 per night for two nights and was found lying deceased on November 22, 1998, fully clothed with the television off and $800 of the remnants of a $25,000 advance from Bob Stupak, who earlier in the month signed a contract with Ungar, offering to pay off his debts and finance his tournament play in exchange for future winnings.[1][4] No drugs were found in the room.[18] It is unknown where the remainder of the money went.
An autopsy showed traces of drugs in his system, but not enough to have directly caused his death. The medical examiner concluded that he had passed of a heart condition brought on by his years of drug abuse.[5]
Despite having won an estimated $30 million during his poker career, Ungar died with no assets to his name. Stupak took up a collection at Ungar’s funeral to raise funds to pay for the services.”
So my dear friends, do you still think the Holy Grail isn’t an “ILLUSION”?
Stu’s friends had to raise funds to pay for his funeral and for Archie,
“Karas was arrested on September 24, 2013 after being caught marking
cards at a San Diego casino’s blackjack table by the Barona Gaming Commission.”
Are you still willing to pay the price?
Excellent post Chingy, one well worth reading and noting. I for one know exactly where you are coming from. Unfortunately you have probably wasted your time with most of the readers of this forum, very few will really take your advice. It is not in the nature of gamblers to really take in good advice when they see it.
Great post Louie,
Just one small point. Johnny Moss was a true professional that played with caution and Patience. He had good money management skills. He died a rich man!! Nick the Greek was a highly skilled COMPULSIVE gambler!! He is reported to have won, and LOST, hundreds of millions of dollars, at a time when the dollar was much more valuablemthan it is today. He never owned anything other than his clothing and a few personal items. All his money went back to the tables and he died poor.
True professionals are never easy to spot! They play under the radar and skim a little cream when no one is looking.
THEY ARE NEVER GREEDY! Prefering to take regular wins rather than occasional big scores. If they hit a bad patch they cautiously play through it, waiting for the inevitable upswing.
Remember, PROBABILITY SWING BOTH WAYS, IF YOU CHASE IT TOO HARD YOU WILL ALWAYS BE GOING IN THE WRONG DIRECTION!!
Great post Louie,
Just one small point. Johnny Moss was a true professional that played with caution and Patience. He had good money management skills. He died a rich man!! Nick the Greek was a highly skilled COMPULSIVE gambler!! He is reported to have won, and LOST, hundreds of millions of dollars, at a time when the dollar was much more valuablemthan it is today. He never owned anything other than his clothing and a few personal items. All his money went back to the tables and he died poor.
True professionals are never easy to spot! They play under the radar and skim a little cream when no one is looking.
THEY ARE NEVER GREEDY! Prefering to take regular wins rather than occasional big scores. If they hit a bad patch they cautiously play through it, waiting for the inevitable upswing.
Remember, PROBABILITY SWING BOTH WAYS, IF YOU CHASE IT TOO HARD YOU WILL ALWAYS BE GOING IN THE WRONG DIRECTION!!
Harry
Hi Harry,
Thanks, glad you enjoyed the post! The point of my post Harry was to show
that even those very, very rare “professionals” there is a price much higher than
any dollar amount. You mention Johnny Moss who died a rich man, for every name
you can come up with Harry, there 10,000 on the other side of that coin. Moss may
have been “rich” but only in the terms of dollars, what the average guy doesn’t know
is the real story that he was a “Rounder” for many years traveling from city to city
chasing the action and the truth be told he wasn’t always “caution and Patience.”
The Grand Old Man of Poker
“Moss admits to having had a “leak,” a compulsion to blow all the money he earned playing poker and golf and bowling (“I won over $2 million at the bowling alley,” he claims) on sports betting and craps. “In four years I lost over $8 million at the dice tables, betting football, playing $300,000 on the middles [long-shot sports wagering]. One day I’d be giving my wife $200,000, telling her to go buy a house. Pick out whatever you want. Next day I’d be going broke, asking her to have the money returned.” Eventually, Moss quit the dice and the sports and the cigarette smoking. “My eyesight suddenly got better. My bankroll got better, too. I guess I been all right ever since,” he says, smiling slyly.”
See Harry, even Moss was subjected to the little fucker the “Enzymes High.”
Remember also we talking about men who mostly played a game of skill “poker”,
you can’t compare poker to roulette. Most of the greats made their fortuntes
on the percentages of a turn of the card and generally lost everything on games
of chance. Recently even the Supreme Court ruled in a case poker to be a game
of “skill” You’ll never see that with roulette or craps or any negative game of
expectancy.
You speak of “true professionals”,
come on my dear friend, how many do you really think there are? The ones who are
truly rich in the sense of having a loving family and not chasing the buck traveling from
city to city riding the constant roll-a coaster of a gambler. There’s a price for everything,
the Holy Grail is truly an illusion, even if your that very very rare exception who gets to
drink from it!!!!! Nick the Greek, Stu Ungar, Archie Karas and yes even the man who died
rich, Johnny Moss, would even say, THINK, THINK, THINK! It’s all an “ILLUSION!”
Hi Louie,
I used Moss because you had mentioned him, and his career is well documented. One might call him a reformed compulsive gambler!! A better example would be Blakey. He never went for the big win, and kept his winnings down to 2 or 3 times what he could earn in a job. He lived well but not flamboyantly!! The casino knew what he was doing, but he wasn’t hurting them financially and was good advertizing. They even gave him a send off when he died!!
The point is , that he stayed beneath the radar. Few people realised that he was professional. Unlike you he didn’t keep raising his basic stake. He didn’t make large bets, often lost, and sometimes had to spend days or even weeks recovering from a bad run. Sound familiar?? He was playing for a living, not a fortune.
Archie Karas did not win by luck. He’s an expert dice slider/mechanic.
His winning streak came to an end when Binion contacted Jackie Newton, a friend and AP player, to come and watch him.
Jackie instantly spotted Arichie’s move and told Binion to install a rubber pad. Binion did so before Archie returned.
Archie lost a lot of the money back, but not all of it. Though he’d like you to think it’s all gone.
Archie has always been an AP. He’s always looking for ways to get the edge, whether it’s legal or not. Archie doesn’t like to gamble unless he knows that he’s likely to win. It’s said that if Archie’s playing against you in a game - you should quit, or shut the game down,because he’s likely found a way to beat you by either cheating, or in some other way.
Recently he’s in some hot water over a card marking scheme.
By the way, Archie isn’t the only big money dice slider and spin shot shooter. In the past few years, another mechanic by the name of Leo hit the Wynn for a classical amount of money as well.
By the way, I’m not going to go into the whole you can win without the edge stuff, because I suspect that you deep down you already know I’m right.
Excellent post Chingy, one well worth reading and noting. I for one know exactly where you are coming from. Unfortunately you have probably wasted your time with most of the readers of this forum, very few will really take your advice. It is not in the nature of gamblers to really take in good advice when they see it.
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
xwin I see you are new here. I got one advice to you and all the other newbies around on this forum:
NEVER EVER LET ANYONE RUIN YOUR DREAMS!
EVERY DREAM IS HALF REALITY..AND THE OTHER HALF OF THIS REALITY IS YOUR DEDICATION AND HARDWORKING. ARE YOU READY TO SPIN THE WHEEL TO WIN? THEN, SOONER OR LATER YOU WILL. JUST DON’T WITHDRAW. AND DON’T DOUBT YOURSELF.
Before someone from the trillion naysayers around this forum start to point fingers in me and saying that I’m on something, I will say this: if roule was unbeatable, why casinos are clearly stating that they don’t do business with professional players and are banning consistent winners on regular basis? I know you are smart enough to get me.
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
xwin I see you are new here. I got one advice to you and all the other newbies around on this forum:
NEVER EVER LET ANYONE RUIN YOUR DREAMS!
EVERY DREAM IS HALF REALITY..AND THE OTHER HALF OF THIS REALITY IS YOUR DEDICATION AND HARDWORKING. ARE YOU READY TO SPIN THE WHEEL TO WIN? THEN, SOONER OR LATER YOU WILL. JUST DON’T WITHDRAW. AND DON’T DOUBT YOURSELF.
Before someone from the trillion naysayers around this forum start to point fingers in me and saying that I’m on something, I will say this: if roule was unbeatable, why casinos are clearly stating that they don’t do business with professional players and are banning consistent winners on regular basis? I know you are smart enough to get me.
=GNO=
Because the only professional players are APs….. simple, which of course means the player has the edge and not the casino.
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
xwin I see you are new here. I got one advice to you and all the other newbies around on this forum:
NEVER EVER LET ANYONE RUIN YOUR DREAMS!
EVERY DREAM IS HALF REALITY..AND THE OTHER HALF OF THIS REALITY IS YOUR DEDICATION AND HARDWORKING. ARE YOU READY TO SPIN THE WHEEL TO WIN? THEN, SOONER OR LATER YOU WILL. JUST DON’T WITHDRAW. AND DON’T DOUBT YOURSELF.
Before someone from the trillion naysayers around this forum start to point fingers in me and saying that I’m on something, I will say this: if roule was unbeatable, why casinos are clearly stating that they don’t do business with professional players and are banning consistent winners on regular basis? I know you are smart enough to get me.
=GNO=
“Because the only professional players are APs….. simple, which of course means the player has the edge and not the casino.
“
Now U agreed…now U know when Martingale modified into AP , progression play… it has an edge….
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
xwin I see you are new here. I got one advice to you and all the other newbies around on this forum:
NEVER EVER LET ANYONE RUIN YOUR DREAMS!
EVERY DREAM IS HALF REALITY..AND THE OTHER HALF OF THIS REALITY IS YOUR DEDICATION AND HARDWORKING. ARE YOU READY TO SPIN THE WHEEL TO WIN? THEN, SOONER OR LATER YOU WILL. JUST DON’T WITHDRAW. AND DON’T DOUBT YOURSELF.
Before someone from the trillion naysayers around this forum start to point fingers in me and saying that I’m on something, I will say this: if roule was unbeatable, why casinos are clearly stating that they don’t do business with professional players and are banning consistent winners on regular basis? I know you are smart enough to get me.
=GNO=
“Because the only professional players are APs….. simple, which of course means the player has the edge and not the casino.
“
Now U agreed…now U know when Martingale modified into AP , progression play… it has an edge….
No….. It is not ‘now’ I agree. I have always said that if you use AP (Bias, vb or some D&S) and you can establish an edge then that is the only way to win. With math you cannot gain an edge over the house. The house math is sound. Our methods are not based on math but on the physics of the device and math is purely used as a tool to establish whether we have a big enough edge or not. So it is is not the math that gives an edge but rather flaws in the device which by using certain techniques or methods allows us to gain an edge. Progression does not give an edge. It can however ballon profits IF YOU ALREADY HAVE AN EDGE….. otherwise progression is useless.
You are probably right. We are here looking for answers or even just clues to lead us in the right direction to winning consistently. Roulette is not a new game. Surely if the gamblers of old have not figured it out maybe we search for what is a false holy grail in vain. I am silly enough to think I see patterns on the wheel no matter the wheel or the person spinning. It’s almost as if the wheel has some conscience.
xwin I see you are new here. I got one advice to you and all the other newbies around on this forum:
NEVER EVER LET ANYONE RUIN YOUR DREAMS!
EVERY DREAM IS HALF REALITY..AND THE OTHER HALF OF THIS REALITY IS YOUR DEDICATION AND HARDWORKING. ARE YOU READY TO SPIN THE WHEEL TO WIN? THEN, SOONER OR LATER YOU WILL. JUST DON’T WITHDRAW. AND DON’T DOUBT YOURSELF.
Before someone from the trillion naysayers around this forum start to point fingers in me and saying that I’m on something, I will say this: if roule was unbeatable, why casinos are clearly stating that they don’t do business with professional players and are banning consistent winners on regular basis? I know you are smart enough to get me.
=GNO=
“Because the only professional players are APs….. simple, which of course means the player has the edge and not the casino.
“
Now U agreed…now U know when Martingale modified into AP , progression play… it has an edge….
No….. It is not ‘now’ I agree. I have always said that if you use AP (Bias, vb or some D&S) and you can establish an edge then that is the only way to win. With math you cannot gain an edge over the house. The house math is sound. Our methods are not based on math but on the physics of the device and math is purely used as a tool to establish whether we have a big enough edge or not. So it is is not the math that gives an edge but rather flaws in the device which by using certain techniques or methods allows us to gain an edge. Progression does not give an edge. It can however ballon profits IF YOU ALREADY HAVE AN EDGE….. otherwise progression is useless.
Thank You for not attacking me anymore and now U know where’s the wolf…A P itself will “Create an edge” the edge is from “harvesting the winning” the probability in any instant with independent and Random spin will always hv the constant HE , no way to change that BUT the wager is increase and keep varies/changing hoping that the binomial probability is complied so called Balanced…If the probability of such not complied, this will became Ur theory that the wheel is NOT BALANCE and Ur Physics can then dictate…say a lot of “cold number at 1 sectors ” then its easy to just skip them and buy only “Hot and normal” number on the other sectors…My AP formula sometimes also refer to the result/history to counter check the deviation..if possible and based on a single cold number did not strike in 240 spin or more…that’s how I can calculate and be sure that its so far , not happened that any HOT NUMBER came 6,7 times in consecutive manners, at most in my observation they only repeated 2 times or 3 in a row…So far I can see 26 red but never see 4 x a numbers in a row…
Grand Martingale is the best example to show how Capital reign. if regardless what outcome, say 100000 spins and the HE is 2.7 % then there may be 52700 losing and 47300 winning if the wheel is balance and complied to probability (in maths) So the condition is that IF THE OUTCOME DID NOT HV ANY DIFFICULT LOSING STREAK SAY > 10 SPINS(black swan) then with $ 10K to win $10 a round/spin is possible and the profit will be 100000 X $10 = 1 mil…
In reality of course we will argue , how to achieved 100000 spin ? 100000 minutes? NO i AM JUST USE BIG FIGURE TO SHOW THAT there’s a Balance , not asking U to play that long…(actually its <70 days 24/7 and if there’s a Team of 5 round the clock playing)
and in reality there may be a black swan some where striking…as long as the first 1000 spins safe from the Black swan, then the Capital had increased to 20K (capital 10K, winning 10K) then it can withstand black swan of 11 consecutive magnitude and then another 2000 spin and ....
BUT , THIS METHOD AGAIN OUTDATED… still in used by some ordinary and in Baccarat… ... for me, I dun play this anymore, I discovered another FAR BETTER AP ....and my Capital required is 3K, the profit also increased 2 fold from $10 perspin to $20 which can achieved 1k per hour if the spin is 50 per hour. All these made possible because the roulette machine all fully or semi automated these days, it save time and save other matter in their betting features, touch screen is one..I am not only must be good in mental calculation to do the AP increment is right/accurate amount , I also need the skill of betting very fast in the screen before it closed. Sometimes 30 second is not enough time…
So, I need to train up a Team not me alone can play this fast….
There are a lot of trick and secret….not so simple and argue HOT AIR…
Thank you so much Chingy! For sharing these information here. I love gambling and your post unfolded great untold information about the gambling. Rummy and Poker is my favorite card gambling game Please share some information about rummy game like Rummy Rules, how to play rummy, tips and tricks etc.
The only post I actually agree with in the whole thread is about how us “real"professionals fly under the radar and just cream a little every now and then. I find this the very best way
I am making roughly $80.00 / hour
I do 50 minutes 5 days a week. It pays for my cost of living and then some.
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