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01-04-2009, 07:35 PM
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#51 | | MOD
Join Date: Oct 2002 Location: VANCOUVER
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Originally Posted by LeanNsupreme  You run a casino or you do Security at one?? | i do security at one.
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01-04-2009, 07:43 PM
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#52 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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Originally Posted by chinook79 I was hoping you were smart enough to understand what I said.. but.. I guess I'll explain this way.. | Actually, if you were smart enough, you would have phrased and summarized it properly. Or atleast make it congruent with your statement.
Gambler's fallacy.. here, I'll provide a link http://en.wikipedia.org/wiki/Gambler's_fallacy
Read up.
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01-04-2009, 08:00 PM
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#53 | | Banned (ABWS)
Join Date: Apr 2006 Location: Van
Posts: 1,490
Thanked 27 Times in 17 Posts
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01-04-2009, 08:01 PM
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#54 | | I Will not Admit my Addiction to RS
Join Date: Jun 2005 Location: Vancouver
Posts: 533
Thanked 248 Times in 70 Posts
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Originally Posted by CRS Actually, if you were smart enough, you would have phrased and summarized it properly. Or atleast make it congruent with your statement.
Gambler's fallacy.. here, I'll provide a link http://en.wikipedia.org/wiki/Gambler's_fallacy
Read up. | seriously, one saying you'll lose 5.4% of your bet in the long run IS NOT A Gambler's fallacy... You obviously either don't understand true meaning of Gambler's fallacy, or you do not understand how stats work never mind how casinos work... Have you taken any advanced mathmatic course after highschool? or have you worked in a Casino industry as a management team?
I sincerely hope not...
Outcome of today's winning in Casino DOES NOT make you any more likely that you'll lose or win more next time. However in the long run, it guarentees you that you'll lose very close to fixed % of your total bet This is called stats.
now, when you goto bacarrac table and sees a "pattern" and everyone decides to bet heavy on Banker based on that "pattern". Is it more likely that because of previous results("pattern") next hand will more likely be Banker? No! and that's what Gambler's fallacy is. Can you see the difference?
If not, I can't really help you any more...
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01-04-2009, 09:34 PM
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#55 | | I Will not Admit my Addiction to RS
Join Date: Dec 2006 Location: Richmond
Posts: 519
Thanked 1 Time in 1 Post
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you should watch the movie 21
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01-04-2009, 10:23 PM
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#56 | | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
Posts: 22,032
Thanked 2,491 Times in 860 Posts
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Hey CRS, I'm going to have to agree with chinook79. If anything, it sounds like you're mistaking what he's saying to BE gambler's fallacy, which it is NOT.
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01-14-2009, 06:20 PM
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#57 | | Banned (ABWS)
Join Date: Jan 2009 Location: van
Posts: 81
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yea in 21 they do wat ever they want
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01-14-2009, 07:44 PM
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#58 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
Thanked 2,091 Times in 773 Posts
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baccarat is nuts
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04-15-2010, 07:23 PM
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#59 | | Banned By Establishment
Join Date: Sep 2006 Location: vancouver
Posts: 233
Thanked 5 Times in 4 Posts
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when a casino bans you, do you have to sign any papers usually???
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04-15-2010, 07:42 PM
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#60 | | No Duplicate Accounts Allowed
Join Date: Apr 2007 Location: BC
Posts: 818
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If u self ban, how do securities detect u ? do they have elite facial recognition systems or am i watching too many movies.
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04-15-2010, 08:53 PM
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#61 | | I don't get it
Join Date: Jul 2006 Location: Vancouver
Posts: 405
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Originally Posted by mr85 when a casino bans you, do you have to sign any papers usually??? | No I was banned once, all they did was take my ID and wrote down some info then they guy said you're banned for a year. There's no real way to enforce it if you go back before the ban is up if someone working there is new they will let you in or if they don't check your ID in the first place.
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04-15-2010, 09:56 PM
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#62 | | I contribute to threads in the offtopic forum
Join Date: Apr 2007 Location: AB
Posts: 2,777
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trends/streaks are all bullshit and solely based on luck. it doesn't affect the odds. its purely psychological.
if you flip a coin and you get heads. the probability of you getting tails on the next flip will be 50/50.
Last edited by m4k4v4li; 04-15-2010 at 10:10 PM.
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04-15-2010, 10:28 PM
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#63 | | Banned (ABWS)
Join Date: Apr 2010 Location: Van
Posts: 492
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roulette is prolly the worst table to win money at. lost so much money on it already
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04-15-2010, 11:38 PM
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#64 | | I contribute to threads in the offtopic forum
Join Date: Mar 2010 Location: richmond
Posts: 2,513
Thanked 1,352 Times in 445 Posts
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If you ban yourself and go back, don't the casinos have the right to charge you $5k?
So in a way, going to the casino becomes a gamble in itself lol Posted via RS Mobile | |
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04-16-2010, 12:43 AM
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#65 | | WOAH! i think Vtec just kicked in!
Join Date: Feb 2009 Location: Burnaby
Posts: 1,601
Thanked 8,510 Times in 799 Posts
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i saw a drunk vietnamese guy get kicked out of that casino on willingdon and canada way.. he was playing blackjack with like a huge wad of $100 bills.. after he blew $10000 in like 2 minutes they kicked him out..
__________________ Quote:
Originally Posted by orange7 you not take me serious! This thread is seriouses! Me want serious answers. | | |
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04-16-2010, 12:49 AM
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#66 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Sep 2008 Location: Vancouver
Posts: 8,858
Thanked 2,420 Times in 669 Posts
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I know people thats been ban from Riverock.
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2014 Honda Civic Si | |
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04-16-2010, 03:20 AM
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#67 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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Originally Posted by chinook79 seriously, one saying you'll lose 5.4% of your bet in the long run IS NOT A Gambler's fallacy... You obviously either don't understand true meaning of Gambler's fallacy, or you do not understand how stats work never mind how casinos work... Have you taken any advanced mathmatic course after highschool? or have you worked in a Casino industry as a management team?
I sincerely hope not...
Outcome of today's winning in Casino DOES NOT make you any more likely that you'll lose or win more next time. However in the long run, it guarentees you that you'll lose very close to fixed % of your total bet This is called stats.
now, when you goto bacarrac table and sees a "pattern" and everyone decides to bet heavy on Banker based on that "pattern". Is it more likely that because of previous results("pattern") next hand will more likely be Banker? No! and that's what Gambler's fallacy is. Can you see the difference?
If not, I can't really help you any more... |
to be exact, in the long run you will go bankrupt.
OP's hypothesis is already retarded. these games are built by mathematicans, there are many ways to make money, table games are not one of them. maybe poker as what others have said. Posted via RS Mobile | |
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04-16-2010, 10:32 AM
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#68 | | racing & tech mod.
Join Date: May 2004 Location: Vancouver
Posts: 4,034
Thanked 507 Times in 188 Posts
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Originally Posted by diesel_test i can't think of anything entertainment-wise that's more expensive then gambling. | try racing, flying, and hookers.
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04-16-2010, 10:56 AM
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#69 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 9,270
Thanked 4,012 Times in 1,576 Posts
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| Quote:
Originally Posted by chinook79 odds on roulette is pretty damn simple..
37 numbers... on double 0 table..
true odd would be 1/37
casino pays 1/35
casino has 5.4% edge.. which is HUGE..
every 100 dollar you bet.. you are GUARENTEED to lose 5.4% OVER THE LONG RUN
stats, no matter how genious you are, you can't beat.. it's a fact... | 38 numbers. 00, 0, 1-36
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