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#2
10-07-2006, 01:42 AM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
Is anyone else having trouble with the gamingclub.com website? I can't get the link through CBW to work, or the site itself. [/ QUOTE ] Just checked the CBW link and it worked for me. There is a nightly tracking database process that runs and sometimes causes the sign up links to hang around 12:30-1:30 AM EST or so. You may have gotten caught up in that if you were using the CBW link at that particular second. Or it is possible they rebooted their server or something. Also to the above posters, betting on both black and red is a no no almost everywhere and while you may have gotten away with it, if they ever catch you, none of that WR will count. With the high number of spins you have to do anyhow, at $1 a spin, you will be pretty close to the EV whether you are betting on black or red. Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. Halo7 
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#3
10-07-2006, 02:06 AM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
just thought i'd let everyone know, when u do the auto play, there is also a picture of a gear in the game window, click on that, and then click something called like "quick play" or something.. it just like doubles the speed of the playing.
did anyone else find that?
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#4
10-08-2006, 03:04 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. [/ QUOTE ] I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this?
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#5
10-08-2006, 04:28 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
[ QUOTE ] Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. [/ QUOTE ] I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this? [/ QUOTE ] /facepalm
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#7
10-08-2006, 07:11 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
bust Gaming Club, up $310 at Lucky Nugget [/ QUOTE ] You have already won because of your avatar, the money is just gravy on top of that.
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#8
10-08-2006, 07:49 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
[ QUOTE ] bust Gaming Club, up $310 at Lucky Nugget [/ QUOTE ] You have already won because of your avatar, the money is just gravy on top of that. [/ QUOTE ] the best part is the "let us gogogo" and grover dancing - it's great
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#9
10-08-2006, 07:06 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
[ QUOTE ] Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. [/ QUOTE ] I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this? [/ QUOTE ] Any time you risk more $$ per spin, variance will increase. In a nutshell if you are betting 2 different bets each spin, it gives you 2 different outcomes to "run bad" on. So if you are betting on black and even, then you could statistically hit a bad run on black and a bad run on even over the same 10,000 spins which will be higher variance than just betting $1 on black over the same 10,000 spins. The EV will stay the same of course over the "long term," but variance will increase. Make sense? I am not a huge statistician, so maybe someone else can do the math. Halo7
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#10
10-08-2006, 07:38 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. [/ QUOTE ] I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this? [/ QUOTE ] Any time you risk more $$ per spin, variance will increase. In a nutshell if you are betting 2 different bets each spin, it gives you 2 different outcomes to "run bad" on. So if you are betting on black and even, then you could statistically hit a bad run on black and a bad run on even over the same 10,000 spins which will be higher variance than just betting $1 on black over the same 10,000 spins. The EV will stay the same of course over the "long term," but variance will increase. Make sense? I am not a huge statistician, so maybe someone else can do the math. Halo7 [/ QUOTE ] There's been discussions in the past about single vs multiple hands of blackjack and the effect on variance (which seems like the same issue as discussed here). i think wizard of odds was asked about it once as well. if i understand correctly the conclusion was that, like you say Halo, playing say two $1 hands/bets will increase your variance relative to a single $1 bet (but not the EV, which yes remains the same). but it won't increase the variance by as much as making a single $2 bet would. i forget the exact math though.
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