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#141
10-08-2006, 12:59 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
I browse this forum every day but for some reason I have ignored this thread... 'til now... so.. this bonus is still good?
How much do I lose playing French Roulette instead of BJ as it was before? (So I know how hard I should kick myself) 
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#142
10-08-2006, 02:33 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
That wasn't too bad.
I opened 2 new accounts with Gaming and Lucky Nugget and deposited $50 each at 10:30am EST. Bonus was available at about 12:00PM EST. I busted out at Lucky Nugget playing Bank. I hit for $483 on Gaming. I proceeded to French Roulette and autorolled/quick spin 9100 turns. Final tally = $261 - $100 = profit $161. Total time: 4 hours. I expected cashout to take 2-3 days, based on the experience in this thread. Since it was so painless, I think I'll give the other twofer a shot. Not as lucrative but easy money. Even if I bust for $105, I'm up $56.
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#143
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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#144
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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#145
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 $$ per spin, variance will increase. In a nutshell if you are betting 2 different bets each spin, it gives you 2 different outcomes to "run bad" on. So if you are betting on black and even, then you could statistically hit a bad run on black and a bad run on even over the same 10,000 spins which will be higher variance than just betting $1 on black over the same 10,000 spins. The EV will stay the same of course over the "long term," but variance will increase. Make sense? I am not a huge statistician, so maybe someone else can do the math. Halo7
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#147
10-08-2006, 07:11 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
bust Gaming Club, up $310 at Lucky Nugget [/ QUOTE ] You have already won because of your avatar, the money is just gravy on top of that.
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#148
10-08-2006, 07:38 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Also betting $1 on black and $1 on even will increase your variance compared to just $1 on black. Since it is autoplay and you can minimize it while it is running, no reason to increase variance by betting more than the minimum. [/ QUOTE ] I don't see how betting on black and even increases your variance. They are independent bets so variance should be the same. Can anyone confirm this? [/ QUOTE ] Any time you risk more $$ 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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#149
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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#150
10-08-2006, 09:50 PM
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Re: Risked $100, made $684 PROFIT--no work--autoplay
I'm dumb but on doing the second twofer I screwed up the first baccarat bet, only betting 50 on the very first, luckily I won that, and the next one (full amount) and the one at the other casino (full amount). For those who haven't done it yet, you want to set your bet size to the max so 160 at one and 150 at the other and once you click on banker it will place your bet on banker and concurrently deal the hand. I figured this out after a minute of clicking everywhere on the baccarat felt. [censored].
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