Monte Carlo Roulette

How I modify Monte Carlo Roulette system to win 160,000 over 10 months playing B6 baccarat.

You have seen how HP Johnson creates system bias to beat the casino in even-odd games.

You have also seen how Arthur Irwin Bruce beat the casino in even-odd games with his Midas Touch System.

The third method is historically known as Monte Carlo Roulette.

This is the method I rely on to win 160,000 over 10 months.

I had presented this method for peer review in the baccarat forum

http://baccaraforums.com/t8153/

Monte carlo roulette originally described in the literature is played this way:

Unit $5. Bankroll $75,000.

Start with bet $5. Keep pushing up win or lose 10, 15, 20, 25, 30, 35, 40, 45, 50…..until you win $5 for each bet. This means if you have played 100 bets you must fight until you win $500, then you close the session.

Is this method up as you lose or up as you win? The answer is it is both up as you lose and up as you win. In a nutshell you are playing until the cards go your way.

I actually adapt my playing method from monte carlo roulette to win 160,000 over ten months.

I did not play exactly this way. I made a few changes. Technically, I found a way to monitor my bets and optimize my strategy playing monte carlo roulette system. I divide the numbers into sets of two numbers up to twenty numbers. For example,

one win one loss is a set of two numbers

one win nine losses is a set of ten numbers.

Then I manipulate the sets into six simultaneous series.

1. Because I start at $25 and $50, I increase my bankroll to 2000 units.

2. In order to prevent my stake from going high I pull back after a series of wins like win, win, win (three wins) or win, win, loss, win, win (2 wins one loss followed by 2 wins). Notice that in Monte Carlo Roulette, you do not pull back, it is straight up. Here, I am manipulating sets, the former is set of three, the latter is set of five.

3. I prefer to take moderate losses at 10% of my bankroll to prevent big losses. You must understand why I have to do this in Monte Carlo Roulette System but not in HP Johnson System and Midas Touch System.

4. My net profit can be any reasonable amount. Not necessary $5 per bet as in the original Monte Carlo Roulette system. My goal is to keep my stake low.

5. Whenever my losses reach 7-9% of bankroll, I made repeated attempt to pull back a little. If losing streak continue, I usually take loss at 10% of bankroll. (If I encounter too many series of losses at 10%, then I may decide to change my loss limit higher or lower. Huge bankroll gives me more room for manipulation). You can see that my mandatory loss limit is 100% of bankroll, but I start manupulating for taking loss at less than 10%. IF YOU ARE A PROFESSIONAL GAMBLER, BANKROLL MANAGEMENT IS JUST SECOND NATURE TO YOU. You can convince yourself by asking any successful poker professional.

6. Even at low levels I pull back very often to keep levels low. I play six series simultaneously in order to prevent stakes from rising fast due to adverse run. Winning is slower. But this method is very much superior to flat bet. I always compare with flat bet.

Your greatest edge comes from the lower levels because the gradient is steeper. In my playing experience I have found six series to be optimal. You can play any number of series, but you must adjust your time parameter and bankroll parameter accordingly.
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(If you are betting flat bet at 200, why not start at 5 and push up to 400. This method is much superior to flat bet).

Be aware that this method is vulnerable to rule 2 of variance: rule of absolute swing.

At lower levels, you need to win between 35% to 45% of the bets to conclude your series because the gradient is steeper.

At higher levels, you need between 45% to 55% to conclude your series. The gradient is more level and you are exposed to casino odds. You need to win more than 50% of the bets to cover the casino odds and your wins.

This is a very important concept. You must get it right. You can review rule 1 and rule 2 in this post.

variance rule of percentage swing versus rule of absolute swing

Unlike, HP Johnson Guaranteed System and Arthur Irwin Bruce Midas Touch System, you can be caught by rule 2 of variance: rule of absolute swing. So, you cannot rely on the method of ‘not encountered’ because you will encounter your losing streak. This means you can never close the series until you bust your bankroll.

The pros of Monte Carlo Roulette System:

It is superior to flat bet.

The learning curve is easy.

The cons of Monte Carlo Roulette System:

You can lose your bankroll because of rule 2 of variance: rule of absolute swing.

At higher levels, the gradient is flattened and you are exposed to casino odds as well as the full impact of absolute swing.

I introduce two rules to handle this drawback.

1. I play six series simultaneously. I re-balance the series every now and then. That is passing the problem of the difficult series into the easier series.

2. I am prepared to take moderate loss if I am unable to close the set of series after periods of prolonged play usually after two days of play.

You can close your series anytime you like. Do not accept small losses. Accept only moderate losses. And you will find your overall result always show a nice, neat profit.

As a reminder you must try to avoid the higher levels in your playing methods. At higher levels, you need between 45% to 55% to conclude your series. The gradient is more level and you are exposed to casino odds. You may need to win more than 50% of the bets to cover the casino odds and your wins.

KEY POINTS

1. HP Johnson Guaranteed System is the best system to create system bias to win in gambling.
2. Arthur Irwin Bruce Midas Touch System comes second.
3. Monte Carlo Roulette System comes third.
4. Understanding the differences among the three methods are important for training purposes especially in professional gambling.