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How to overcome The Twin Evils of Gambling

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How to overcome The Twin Evils of Gambling

The twin evils of gambling are negative expected values and chasing losses. Negative expected values may be casino odds, rakes or commissions. Another way of describing chasing losses is “I will get it back ” syndrome. Gamblers are not just losers. They are big losers. The majority suffers from the human inborn instinct of “chasing lossses” . In other words, you want to get it back.

If you compare casino odds with the interest you earn from the bank saving account, you will realize how powerful casino odds are on the players.
Let’s say the casino odds is 3%. Saving accounts yield or return 3% in one year. Casino yields 3% in ONE bet. Casino make from the gambler in one bet what you make in a year from your saving account. Shocking! Isn’t it?

And if you chase losses, you will invariably lose out of proportion to your modest wins. For example, you may win 1k, 1k, 1k over the first three bets, then lose 1k, 2k, 4k over the next three bets. So, it is not about winning or losing. It is more about how fast you lose.

A fellow gambler posted in his blog that for every 1.3 seconds there is a “new” gambling system released for craps, sports betting, poker, roulette, baccarat and so on. And there are easily thousands of worthless gambling systems out there. Only a few gambling systems have merits. You must learn how to review or evaluate whenever a gambling systems is presented to you.

I have covered in my earlier posts in great details the pros and cons of gambling systems. Gambling systems are vulnerable to the full devastating effects of these twin evils of negative expected values and chasing losses.

If you are new to gambling, or if you are a recreational player, you need to learn how to tolerate or accept losses and not to chase losses. This is not easy but it becomes easier with practice and time. If you are an experieced professional, then you may counter the evils of chasing losses by learning strategies of smart chasing of losses. I have described several methods of smart chasing of losses such as HP Johnson’s system, Arthur Irwin Bruce Midas Touch System, modified Monte Carlo system, SF Roulan Fast Roulan and 1221 system as well as Frank Barstow series of systems.

(The modified Monte Carlo system is the system I used to win 160,000 over ten months).

The goal is to keep stakes low, such that your average wins are always higher than your average losses . As a reminder this method works short run only. For this method to work, you must make sure that short term does not become long term. Short term is defined by process, not time. You must learn how to review gambling systems. It is a very important skill in gambling.

Test yourself by buying or borrowing a book on gambling systems and see whether you are able to apply these principles to critically review the author’s ideas, opinions and viewpoints.

Similarly, you counter negative expectations games in two ways.

1. Define your game plan. It must be finite in terms of number of bets and time. Because within this context, it is possible to use strategies such that your average win is higher than your average loss.
2. Train yourself to spot situations as well as choosing games with positive expected values. In other words, you play only games or situations with positive expectations. Positive expectation is a very reliable and stable platform. Professional gamblers rely on positive expected value systems to make a living.

GAMBLINGHELP provide free gambling courses to help gamblers in recreational gambling, professional gambling, quit gambling.

twin evils of gambling

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Gambling systems versus affiliate systems

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Gambling systems versus affiliate systems

THIS POST IS BROUGHT TO YOU BY GAMBLINGHELP.BIZ

Most of us have heard about affiliate systems in the internet. Just like gambling systems, the majority of these affiliate systems that you purchased in the internet are just garbage. Unsuspecting buyers especially newbies simply overpaid for low quality products. Invariably, the sellers over-promise but under-deliver.

When I compare gambling systems with affiliate systems, I find that gambling system can generally be described as a simplified form of affiliate system. In fact, it is a subset of affiliate system.

Affiliate systems can be extremely complicated. The sophistication gives producers the edge to create crappy products that over-promise but under-deliver. The sophistication masks the weaknesses of the products or services and causes unsuspecting buyers usually newbies to take shortcut and expose themselves to unnecessary risks to pay through their noses for the products or services.

In this blog, I am trying to educate the public in gambling system and then apply the principles learned to affiliate system. I will show you why gambling is for fun, learning, recreation, exploration and expedition while affiliate system is your starting point or gateway to wealth building.

For example, Chris Farrell, a UK citizen now staying in California made two million US dollars over a short period of time. Chris Farrell started to learn how to make money online only in 2007. On the other hand, John Chow, a Canadian made more than US$40,000 a month.

Just made a slight tweak from gambling system to affiliate system and you are on your way to wealth building. For gamblers, my advise is to use your understanding of gambling systems as your starting point. Then extend it to affiliate systems.

Finally I will show you how to not only build your own business system but also your investment system. They are all related. You can call this my blueprint, DR SOON’s retirement blueprint.

The saying is your future is decided by the seven people you associate with on a daily or regular basis. Make me and my blog one of the seven. You can never go wrong.

My teaching in my areas of expertise and interest is always free and will always be.

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Beginners’ Advice to Gambling System

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Beginners’ Advice to Gambling System

THIS POST IS WRITTEN FOR BEGINNERS

Since gambling began, there have been people who have strived to find the perfect gambling systems – one that puts the odds so much in the gambler’s favour that riches are almost certainly guaranteed. In all these thousands of years, has anyone ever really found a gambling system that works?

Although there are people who claim to have found systems to beat the odds at any type of gambling, most of the gambling systems that you hear of are for a particular form of gambling, such as Blackjack, Poker, or Roulette. There are many books about systems specific to a particular type of gambling, mostly written by people who have done a lot of research on their choice of games. There is no arguing that there are people out there who win more at certain games then they lose; just look at the professional Poker players you see on TV these days who live quite comfortably on their winnings. Many of these professionals have written books on how to win at Poker, and more than likely their advice is sound and potentially profitable.

For the serious gambler, the best thing to do is to choose one game – two at the most – and do as much research as possible. Practicing the game helps, but you may not be the kind of person who can come up with winning strategies easily. More often than not a great deal of mathematics is involved, and for some people mathematics just isn’t their strong suit. It’s best to find systems that have already been established by successful gamblers, and see if they work for you. Systems differ with the developer who invented them, and it may be worth the time to try several different systems before you decide on which one works best for you. Keep your wagers small until you feel comfortable that a certain system is going to work well for you.

Although systems do exist that can put odds more in the gambler’s favour, one must never forget that gambling means taking risks, and these risks can never really be completely omitted. Sinking your life savings into a gambling system that you believe is foolproof and will put you on the road to riches is a foolish idea, and any reputable professional gambler, no matter how successful, will agree with that. That being said, it certainly doesn’t hurt to test gambling systems by starting with small amounts of money that you can comfortably afford to lose, and seeing which system works best for you. If you win, gamble with your winnings, and lock in the capital that you started with. That advice, by far, is probably the best as far as gambling system is concerned.

GAMBLING HELP provide free gambling courses to help gamblers in recreational gambling, professional gambling, quit gambling.

If you have any questions, email me at

soondr@gmail.com

My service is free and always will be.

Subscribe to Beginners Gambling Courses

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Review of Beat The Casino by Frank Barstow

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Review of Beat The Casino by Frank Barstow

Frank Barstow was a Wall Street Analyst. Upon retirement he did substantial research on gambling systems.
All the gambling systems are documented in the book “Beat The Casino”. The book is now out of print.

He concluded by saying that he could have named these systems as “Royal Road to Riches, but he chose not to”. Then, in the epiloque, he criticised the politicians for legalising the casinos.

He explored up as you win systems, up as you lose systems, bet selection and partnership play.

UP AS YOU WIN

If you would like to go for small but consistent wins, parlay is a good system to use.

Barstow recommends this system

2 3 4 5 7 10.

Total= 31 units.

He said you should win 42 units for every 31 units that you lose.

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You can also use the 31-parlay system

1 1 1 2 2 4 4 8 8

This system was documented in Las Vegas magazine. This old man make a living playing just one system.

The total loss per series is 31 units. That is why it is commonly known as 31-parlay system.

For playing parlay systems, use the reverse-repeat bet selection (more on this later).

And try to chose tables with lots of doublets and avoid tables with lots of singlets or chops or jumps (whatever you call it).
It does not matter if the cards do not go your way. You still have to do it for the benefit of the doubt.

Up-two-down-one system. Barstow says this is the best system. So, he lent his name to this system.
Now it is known as Barstow’s system.

1 2 3 5 7 9 11

Starting bet is one unit. You move up either one level or two units after a win. You reduce one level after a loss.

Generally, you conclude the series after three wins in a row, www, or two wins one loss then another two wins, wwlww.

It is not necessary to end the whole series after say www.
You can pull back to a lower level somewhere in the middle of the series if you still need to catch up.

Everytime you lose, you reduce one level.
If you lose three big bets consecutively exceeding 30 units, you drop the whole series. Execute your strict limit on losses.

Barstow said he played eighteen four hour sessions. His results are as follows:

Won 14 four hour sessions averaging 350 per session
Lost 4 four hour sessions averaging 150 per session.

See some examples here and figure it out yourself how I play this system.

Losses are in brackets

The examples are taken from my log playing 5% baccarat in one of my overseas trips.

Example 1:

1, 2, 3 won 6 units

Example 2 :

(1), (1), (1), (1), (1), (1), (1), (1), 1, 2, 4, 6, 3, 5 won 13 units

Example 3:

(1), (1), 1, (2), (1), (1), (1), 1, 2, (3), 2, (4), 3, (5), (4), 3, 5, 7, 9, (5), (4), 3, 5, 7. Won 16 units

Example 4:

(1), (1), (1), 1, (2), 1, (2), 1, 2, (4), 3, 5, (6), (5), (4), 3, (5), (4), 2, (4), 3, (5), 4, (6), 5,
(7), 6, 8, (10), 9, (11), 10, (5), 4, 6, 8, 4.

Won 2 units. Despite losing the two highest stake of 10 and 11.

You will notice how I deviate from the basic rules.

To win playing this system skilful handling is a MUST.

Note:

Play within your comfort zone. Professional gambling is a trade-off between risk and reward.
You must be comfortable with the risk in order to take the reward.
This method is still smart chasing of losses. The odds are still negative.

UP AS YOU LOSE

All up as you lose systems fall under the grind category.

Barstow says 80% of the professionals only escalate on winnings whereas 20% of the professionals also escalate on losing.
To the latter, they say it is the surest way to win.

Barstow describe the following systems.

1. Doubling up or Martingale.
Barstow recommend strict limit of losses at four levels.
Careful bet selection is a MUST to come out ahead.

2. Fibonacci.

1 2 3 5 8 13 21 34 55 89 144 233

Twelve levels.

Barstow says bet selection is crucial to come out ahead.

Just follow my blog. One day I will describe to you how I modify these fibonacci numbers for optimal play. I won between 50 cents to one dollar per bet. That is, if I had played one thousand bets, my winning is US$500.

3. Two-Five system.

Barstow recommend this system. He says it is a good especially when

played with partners or use imaginary partnerships.

You create a string with five numbers.

For example 2 3 5 7 10

Start with two units you keep pushing up until you get two wins or lose the series.

Anytime you get your two wins you conclude your series.

For example your winning series can be

2, 3
(2), (3), 5, 7
(2), 3, 5
(2), 3, (5), 7
2, (3), 5
2, (3), (5), 7
(2), (3), (5), 7, 10
(2), (3), 5, (7), 10

For bet selection, Barstow recommend a method he named it “PATTERN”.

In this bet selection you will lose to double chop or two-two, but win all long series of single chop (or jump or alternating). You will also win all long streaks of BANKER as well as PLAYER.
You only lose to BANKER second liner and PLAYER second liner.

The REVERSE of PATTERN is the bet selection known as REVERSE-REPEAT.
Barstow recommends player switch to REVERSE-REPEAT when they notice they are losing more times.
In REVERSE-REPEAT, player wins the first liner and second liner of both BANKER and PLAYER.

REVERSE-REPEAT bet selection is ideal when you are playing systems like parlay where two consecutive wins are crucial.
I repeat,

REVERSE-REPEAT BET SELECTION IS IDEAL WHEN YOU ARE PLAYING SYSTEMS LIKE PARLAY WHERE TWO CONSECUTIVE WINS ARE CRUCIAL.

Take some time to explore these systems.

If you have any questions, email me at

soondr@gmail.com

My goal is to help you all to become better gamblers.

When you become better gamblers you will know what to do.

“I agree with the position that to help gambling addicts, one must help them become better gamblers. Once they understand gambling theory, the smart ones will leave gambling for good or small trips, the not-so-smart ones become living examples of their recklessness/arrogance/stupidity.
My teaching is free and always will be.

Gamblinghelp can help you in

1. Recreational Gambling

(i) beginner recreational gambling

(ii) advanced recreational gambling

2. Professional gambling

3. Quit gambling.

I am looking forward to develop this website into a meaningful gambling community network. I appreciate the assistance and co-operation of each and everyone of you.

The goal is to educate the public and promote responsible gambling. It is designed to help you to protect yourself.

Tell your friend about this blog. Tell them to email me or subscribe to my free gambling courses so that I know who they are. Email me even to say, hello is welcome.

soondr@gmail.com

Subscribe to free gambling courses at

Free Gambling Courses

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How I won US$350 despite losing 31 times

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How I won US$350 despite losing 31 times.

I did not lose 31 times in a row. In one of my tourist trip, I started by losing quite badly, won 24 bets, loss 55 bets, but end the series with US$350 profit.

The method I use is adapted from HP Johnson Guaranteed System
The saying is if you have never heard of this system you are not a professional.
The principle behind it is so powerful that all professionals must know.

I have never lost 31 times in a row. My maximum number of times of straight loss in a row is 18.

HP Johnson said this method can handle extreme adverse run even if it is 31 times in a row.
He guaranteed the system because he said the losses were not encountered.
He said the worse adverse run he had encountered was three days in a row before winning streaks overtake the losses.

Let’s explore HP JOHNSON Guaranteed System further:

HP JOHNSON used it successfully in international casinos throughout the world.
He started by explaining why players lose.

“Adverse run causes players to lose out of proportion to their modest win.”

The above statement was mentioned by Chase. However, HP Johnson said the same thing.

HP Johnson guaranteed the system but he wants 10% of the profit of your winnings.

The strength of this system is that the system can withstand extreme adverse run like 31 times in a row, yet come out ahead.
Losses were not encountered. The worse he had encountered were losses three consecutive days in a row before winning streak come on the fourth day.

In my opinion, this method also falls within the category I classify as “Smart Chasing of Losses”.

He uses a method called fixed string. You can start with any string of 14 numbers or even 50 numbers. However, HP Johnson invariably starts with this string of 14 numbers. He says this is more balanced.

This is the string he used.

5 5 5 5 5 5 45 45 45 45 45 45 45 45 45

There are five “5s” and nine “45s”

You take the first number and the last number.

If won you cancel off the first and last numbers.

Since there are only 14 numbers, seven wins will conclude your series with US$350 win, irrespective of the number of losses. I repeat

SEVEN WINS WILL CONCLUDE YOUR SERIES WITH US$350 WIN, IRRESPECTIVE OF THE NUMBER OF LOSSES.

You have to get this clear before you continue.

Each time you lose you distribute the numbers into the scale. The idea is to keep stakes low and take on extreme adverse run.
This is what happens after your first loss. The first column is your starting string. The second column is after you distribute the numbers into the scale.

5
5
5
5
5 10
45 50
45 50
45 50
45 50
45 50
45 50
45 50
45 50
45 50

Then you bet 55 (first number and last number). The first number is 5 not 10. The last number is 50. Lost again. Your log is now like this.

5 10
5 10
5 10
5 10
5 10
45 50
45 50
45 50
45 50 55
45 50 55
45 50 55
45 50 55
45 50 55
45 50 55

Then you bet 65 (first number plus last number). Lost again. Your log is now like this.

5 10 15
5 10 15
5 10 15
5 10 15
5 10 15
45 50 55
45 50 55
45 50 55
45 50 55
45 50 55
45 50 55
45 50 55 60
45 50 55 60
45 50 55 60

Then you bet 75. (bet first plus last number). You lost. You add 5 into each number, meaning you distribute the scales to keep stake low.

5 10 15 20
5 10 15 20
5 10 15 20
5 10 15 20
5 10 15 20
45 50 55 60
45 50 55 60
45 50 55 60
45 50 55 60
45 50 55 60
45 50 55 60
45 50 55 60 65
45 50 55 60 65
45 50 55 60 65

Your next stake is now 85. Remember bet first plus last number. You lost again.

5 10 15 20 25
5 10 15 20 25
5 10 15 20 25
5 10 15 20 25
5 10 15 20 25
45 50 55 60 65
45 50 55 60 65
45 50 55 60 65
45 50 55 60 65
45 50 55 60 65 70
45 50 55 60 65 70
45 50 55 60 65 70
45 50 55 60 65 70
45 50 55 60 65 70

Your next stake is now 95. You lost. Now you distribute the scale. Add 5 to each number starting from the bottom. Do it yourself. Continue to do this for the next few losses and see what happens.

Now what if you win. Each time you win you cancel off the first string and the last string.
You only need seven hits. You only need seven hits to close the series and you win US$350. This is irrespective of the number of losses you encounter.
Sounds great! So you break the bank. No, there is a catch.
The catch is how HP Johnson split the scale, rebalances the scale and creates virtual partnership play.
So, you continue to split and rebalance the scale until winning streaks overtake the losses.

If you have any questions, or if you would like to learn how to split the scale, re-balance the scale, create virtual partnership play and bankroll requirements, email me at

soondr@gmail.com

My teaching is always free and always will be.

This is how HP Johnson handles the catch.
When there are four strings left, he split the scale whenever the numbers exceed 80 (or 16 units)
For example, now you have

80
80
80
80

The scale will be split into

— 40
— 40
80 40
80 40
80 40
80 40
— 40
— 40

This is to keep stakes low in the event of adverse run
When there are two numbers left he split the scale whenever the number exceeds 150 or 30 units.
If you look at the table above, you will find that eight numbers with 40. So, HP Johnson rebalances the scale.

— 40 15
— 40 15
80 40 15
80 40 30
80 40 40
80 40 55
— 40 55
— 40 55

You should be able to handle these after some intensive practice. In fact, HP Johnson plays three pairs of partnership in all three even odds game in roulette.
I have modified it for baccarat play. I found partnership play is not necessary in baccarat.
Email me at

soondr@gmail.com

if you need further information

My teaching is free and will always be.

Gamblinghelp can help you in

1. Recreational gambling

2. Professional gambling

3. Quit gambling

Subscribe to Free Gambling Courses at

Free Gambling Courses

For clearer presentation click the pdf file

I want to see the chart in pdf

HP Johnson system

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