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Gambling. No lose strategy.

Posted on 6/7/20 at 4:16 am
Posted by MrFahrenheitDontLie
Baton Rouge
Member since Nov 2015
229 posts
Posted on 6/7/20 at 4:16 am
Is there a strategy where you can stay in a casino for weeks at a time playing cards or slots & actually make money?

What bankroll would you start with? Blackjack is probably your best bet, you have to play smart because remember you must continually win money, because this is a business venture so to speak.
Posted by Tunasntigers92
The Boot
Member since Sep 2014
23658 posts
Posted on 6/7/20 at 4:22 am to
Posted by BeachDude022
Premium Elite Platinum TD Member
Member since Dec 2006
34979 posts
Posted on 6/7/20 at 4:32 am to
quote:

Is there a strategy where you can stay in a casino for weeks at a time playing cards or slots & actually make money?



Maybe, but it’s a gamble
Posted by ZZTIGERS
Member since Dec 2007
17181 posts
Posted on 6/7/20 at 4:39 am to
quote:

Gambling. No lose strategy

Don’t gamble.
Posted by Jim Rockford
Member since May 2011
98691 posts
Posted on 6/7/20 at 4:40 am to
No such thing long term if you play against the house. You will always lose. If you play against other gamblers (horses, sports, poker) you have a chance if you're very smart and very disciplined. With the amount of effort that takes, it becomes just another job, and a highly stressful one at that. You'd be better off working 9-5.

That said, the Kelly Criterion is what you're looking for. It will slow down the loss of your bankroll. Content warning: there's math involved LINK
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 6/7/20 at 5:03 am to
quote:

stay in a casino for weeks at a time playing cards or slots 


Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68493 posts
Posted on 6/7/20 at 5:08 am to
casinos dont build big hotels because they make money off the hotels
Posted by Uptowner
The OP
Member since Oct 2019
2030 posts
Posted on 6/7/20 at 5:34 am to
quote:

Is there a strategy where you can stay in a casino for weeks at a time playing cards or slots & actually make money?


Only possibility is to not play against the house. Which you can do in a casino poker room. You're playing against the other players, not the house, so a really good player can wait out variance and make money. Unless you end up in a poker room with tons of other great players.
Posted by lsunatchamp
Member since Feb 2009
2025 posts
Posted on 6/7/20 at 5:40 am to
LINK

Jacks or better video poker optimum strategy are the best odds of any casino game. 99.54% return on your money, so you still lose.
Posted by mofungoo
Baton Rouge
Member since Nov 2012
4583 posts
Posted on 6/7/20 at 6:16 am to
quote:

you must continually win money,

The only legal way to guarantee steady money from gambling is to go to work in a casino. An advantage player can play a winning game, but because of variance the money does not come steadily.
Posted by lsutigermall
Plantation Trace
Member since Nov 2006
7301 posts
Posted on 6/7/20 at 6:51 am to
Nope.
Posted by FOBW
N.O.
Member since Sep 2016
312 posts
Posted on 6/7/20 at 7:00 am to
Double your bet until you win. Simple math.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 6/7/20 at 7:18 am to
You can "have an edge over the house" if you count cards in Blackjack. That coupled with money management techniques can have you winning a decent amount consistently.

The issues are the automatic/constant shufflers and the size of the boots compared to how many cards are played before another reshuffle. That coupled with the fact that you need a big roll to start and have to take on a bunch of risk periodically in some of these money management techniques have you handcuffed.
Posted by Nono
Member since Nov 2017
4820 posts
Posted on 6/7/20 at 7:34 am to
I have been very successful at the buffet tables.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 6/7/20 at 7:36 am to
If I ever even think about going to Las Vegas I just mail them a check for half of what I would have taken with me, saves me money.
Posted by Lonnie Utah
Utah!
Member since Jul 2012
24190 posts
Posted on 6/7/20 at 7:37 am to
quote:

Is there a strategy where you can stay in a casino for weeks at a time playing cards or slots & actually make money?


No. Every game in the casino has a built in house advantage.

Blackjack has the best odds in the casino IF you play perfect strategy. The problem is, most people do not play perfect strategy. It's house advantage is only 0.5%.
Posted by East Coast Band
Member since Nov 2010
63019 posts
Posted on 6/7/20 at 7:41 am to
"Parlay" is French for "I have a gambling problem"
Posted by Tigercowboy
Baton Rouge
Member since Nov 2007
4134 posts
Posted on 6/7/20 at 7:45 am to
No, but if you want to go drink for free you can do that easily. I went watch a game and sat the bar and played video roulette. I placed even bets on red and black. Zero dollars lost and free beer while I watched the games.
Posted by LSUFreek
Greater New Orleans
Member since Jan 2007
14814 posts
Posted on 6/7/20 at 7:49 am to
There was a roulette strategy I watched on YT that seemed a no-lose proposition, involving betting on red (2:1 pay out) and a certain section of higher odd numbers every roll no matter what.

He demonstrated it on an online table and after about 50 spins over 15 mins, the dude was up by almost $2k. He showed spreadsheets where he made $150k in the past month.

So I went to try it at the casino, and after about 12 spins in a turtle-paced 2 hours (due to a crowded table involving chip buys, bets, spins, payouts, and dealer rotations), I was only up by $10, and slowly realized this strategy would take 24 hrs & shitload of endurance to make any significant gains. Now I realize it was definitely a strategy for lightning fast spins on online tables, not real tables.
Posted by Globetrotter747
Member since Sep 2017
4379 posts
Posted on 6/7/20 at 8:10 am to
I used to play Blackjack consistently years ago and studied enough to be an advantage player.

Here’s what you need to know:

Yes, Blackjack can be beaten consistently by a skilled player with a large bankroll who is playing at a favorable table.

Skilled player:

1. Knows basic strategy without any thought and can make minor adjustments to it based on the count.
2. Can count through multiple decks effortlessly (not as hard as it’s made out to be in movies).
3. Knows how to fluctuate his wager according to the count. The card counter wins by “manipulating the scoreboard,” not by winning the most hands.
4. Plays like a machine. There’s no “gut feeling,” only numbers.

Bankroll:

1. To count cards long term you would need many thousands of dollars (I would say 100K minimum) to give you some cushion against early bad luck and to give you the betting ramp (the difference in your minimum and maximum bet) needed to overtake the house edge.

Table Rules:

1. The lower the table minimum the better. You don’t want to give the casino anymore money than you have to during a poor count, and it gives you a larger betting ramp.

2. The fewer decks the better. Fewer cards means the count will be more sensitive to change, which is what you want. Ideally, the count should go back and forth from positive to negative with every hand. Avoid large shoes and never play continuous shuffle machines.

3. 3/2 Blackjack is a must along with other standard rules.

If you’re a good counter and play the game to its maximum effect you will be identified quickly. That’s why a lot of players try to camouflage their counting but this cuts into your already small advantage.

In a perfect world with an unlimited bankroll and no chance of being banned a card counter would play nothing but the table minimum or maximum.
This post was edited on 6/7/20 at 8:12 am
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