Playing with the House's money

#1
if you bet 5 dollars and win. put another 5 in with that original 5 and the 5 you won. if you win, youll win 30$ with only 10 of your actual dollars. itd be a 3-1 pay off. start at 5 again or take a few chips off and let it ride. if you bet 5 and double or split and win. youll have 20$. take 5 away and bet 15. youll win 30$ if you do win. but only 5$ was yours to begin with. that be a 6-1 pay off. again if you dare take a few chip off and let that ride. all this requires is 2 wins in a row which is 50% as frequent as winning a hand period. a begginner can do it
 
#2
that is a method you could use to limit your losses. and take full advantages of wins, complimentry of tha bankz money and half of that of which is betted being yours. "playing with the banks money" is what i call it
 

Sonny

Well-Known Member
#3
newkidd said:
that is a method you could use to limit your losses.
How is betting more money when you are more likey to lose the next hand a good way to limit your losses? It seems like it would only increase your overall losses. And how does playing with the house’s money take full advantage of your wins if you keep losing it back? It seems like keeping your winnings would be the best way to take advantage of them. I mean, what good are winnings if you just keep giving them away?

newkidd said:
all this requires is 2 wins in a row which is 50% as frequent as winning a hand period.
The probability of winning two hands in a row is not 50% as likely as winning one hand, it is only 47% as likely. That can make a big difference when you start doubling your bets.

-Sonny-
 

EasyRhino

Well-Known Member
#4
A dealer and I joked about this while at the table over the weekend, once you get paid the winnings, the money is yours, not the house's. You could take it home and do something useful with it, like buy taffy.

Like most voodoo strategies, this is really just a tradeoff betwen the frequency of wins and the size of those, when you have them.

A "playing with the house's money" technique would result in lots of losses, few wins, but those wins would be big.
 

rogue1

Well-Known Member
#5
I think that "you're playing with the houses' money" line came from the casino owners as it keeps you playing and hopefully losing.
 
#6
i believe tha moneys not yours till its spent. tha casino will never see that exact money in play ever again. so, would you rather lose your hard money little by little or bet with tha banks money with a chance of bettering that investment, which the invester is tha casino and your investing with THERE money. those of youz who disagree with me, you and i can debate over for our lifetimes. being a great blackjack player is all about limiting your losses. itz our stuborness. so tha debater continues...
 
#7
i think outside tha box. all of youz, i mean so far, live by tha bj BOOKs lol and all tha blahblahblahz in it. go to tha real wurld, maybe tha casinos..i dunno? lol and before you knock it, on sum stupid book, which is all averaged on COMPUTER simulations. TRY IT!:eek: haha
 

shadroch

Well-Known Member
#8
Yeah,who needs those stupid mathmatical simulations when you can simply go on guts.Perhaps fat,drunk, and stupid IS the way to go thru life.
 

fwb

Well-Known Member
#9
Casinos know they can lose millions of dollars from card-counters and actively try to stop them. However, they must be losing billions of dollars from people like you who "think outside the box", yet why don't they do anything about it? They will watch and smile as you use your "strategy" without stopping you...why? Sorry if the boundaries of your "box" don't extend that far.
 

Sonny

Well-Known Member
#10
newkidd said:
i believe tha moneys not yours till its spent.
But it also isn’t yours if you lose it back again. Using your system, the money is almost never mine! :(

newkidd said:
so, would you rather lose your hard money little by little or bet with tha banks money with a chance of bettering that investment
Neither! I don’t want to lose it slowly and I don’t want to invest in something that I know will eventually fail. I would rather invest it wisely or spend it on something that will improve my life. Life is too short to waste time losing money in a casino.

newkidd said:
being a great blackjack player is all about limiting your losses.
No, being a great ploppy is all about limiting your losses. Being a great blackjack player is about winning.

-Sonny-
 

LeonShuffle

Well-Known Member
#11
Well, I've always known that money that I LOSE to the casino isn't mine. And now I find out that money that I WIN from the casino isn't mine either. I'm confused.

Oh wait, I just reread your posts. Now I see that once I've SPENT the money, THEN it's mine. O.K. that makes total sense now.
 

ihate17

Well-Known Member
#12
The house's money

I was thinking about when, if ever, I have played with the house's money. If I am winning it is my money because if I decide to not bet any of it, I walk away with that money, so it is mine till I decide to risk it.

The only time I feel it is the house's money is when given promotional chips that can not be cashed. Then I am playing with the house's money till I win some bets with the promo chips and get chips that can be redemmed for currency and that is my money.

ihate17
 

shadroch

Well-Known Member
#13
LeonShuffle said:
Well, I've always known that money that I LOSE to the casino isn't mine. And now I find out that money that I WIN from the casino isn't mine either. I'm confused.

Oh wait, I just reread your posts. Now I see that once I've SPENT the money, THEN it's mine. O.K. that makes total sense now.

Yes,the money is not yours until you have given it to someone else.Which begs the question of when it becomes theirs,doesn't it?
 

Sonny

Well-Known Member
#14
shadroch said:
Yes,the money is not yours until you have given it to someone else.Which begs the question of when it becomes theirs,doesn't it?
It only becomes theirs after they've spent it. What's not to understand? Just spend all of your money and you'll be rich! And only gamble with money that someone else gives you. That way you'll be broke and in debt. Welcome to America! :p

-Sonny-
 

Kaiser

Well-Known Member
#16
EasyRhino said:
A dealer and I joked about this while at the table over the weekend, once you get paid the winnings, the money is yours, not the house's. You could take it home and do something useful with it, like buy taffy.
I haven't read the entire thread yet, but I wanted to take a timeout here and reply to this comment. That was some funny ****. Thanks for the laugh this morning. :laugh:

Damn, I feel like some taffy now.
 

beat320

Well-Known Member
#17
From what I gathered from this post is that the money you make playing blackjack isnt actually money you've made. You see, its actually money that the casino has made but you're just holding it. The only way to beat the evil house is to spend this money as fast as possible so they know that it is in fact YOUR money and not theirs. Now I've been running some strategic simulations in my betting strategy program called "uze ur gutz 3.0" and the best way to do this is to simply have a peanut vendor stand next to you at the table and as soon as you get chips from a winning hand you buy as many peanuts as you possibly can. This way the casino KNOWS you're not messing around and that the money you get from them is YOURS.
From initial field testing done by myself and a few esteemed peers I've found that you may get some heat from this strategy considering the fact the casino KNOWS you mean business. So you should try to play it low and stay under the radar.





By the way...Hi everyone, I'm new and I'm not some kind of sarcastic asshole. I like to have a good time and joke around so I hope nobody takes any kind of offense to this and will laugh with me on this! :)
 
#20
EasyRhino said:
A dealer and I joked about this while at the table over the weekend, once you get paid the winnings, the money is yours, not the house's. You could take it home and do something useful with it, like buy taffy.

Like most voodoo strategies, this is really just a tradeoff betwen the frequency of wins and the size of those, when you have them.

A "playing with the house's money" technique would result in lots of losses, few wins, but those wins would be big.
but would they really be wins? because its still the houses money right?

newkidd said:
i believe tha moneys not yours till its spent. tha casino will never see that exact money in play ever again. so, would you rather lose your hard money little by little or bet with tha banks money with a chance of bettering that investment, which the invester is tha casino and your investing with THERE money. those of youz who disagree with me, you and i can debate over for our lifetimes. being a great blackjack player is all about limiting your losses. itz our stuborness. so tha debater continues...
way to replace all your s's with z'z, o's with u's, and say tha instead of the.. thaz tha coolzest, butz az u can seez, iz not skilld nuf 2 talkz like thatz.. anyways, your right, its about limiting losses, which your retard system/logic doesnt do.. what would you rather do, lose $50 little by little, or lose $150 in one big shot, because that is what you are doing when you play with that "system".. have you ever been in a casino?

newkidd said:
i think outside tha box. all of youz, i mean so far, live by tha bj BOOKs lol and all tha blahblahblahz in it. go to tha real wurld, maybe tha casinos..i dunno? lol and before you knock it, on sum stupid book, which is all averaged on COMPUTER simulations. TRY IT!:eek: haha
have you actually been to a real casino? you sound like your 14 and saving up your money to go win it big in the casino when you turn 21, because you have come up with a super system.. any adult would know that people who have done bj math/analysis and count cards for a LIVING know more than them.. im pretty sure you took a wrong turn, and meant to go to ploppy land, where most will agree with you, and teach you some other rock solid bankruptcy skills, because they are all ploppies, none of whom would ever think to read a book or go to a website (anybody who writes a book is just making trash up to try and make money right?), which appearantly you have done, just to let us all know that math isnt "real life" and that your brilliant plan is, and that nobody has ever thot of this but you.. i dare you to go to the casino with all your money and try this out

fwb said:
Casinos know they can lose millions of dollars from card-counters and actively try to stop them. However, they must be losing billions of dollars from people like you who "think outside the box", yet why don't they do anything about it? They will watch and smile as you use your "strategy" without stopping you...why? Sorry if the boundaries of your "box" don't extend that far.
but would the casinos really be losing money? as it wouldnt be the casinos money, it would just be the patrons money.. if a patron winning = casinos money, then a casino winning = patron's money right? if you logically think about what kidd says, it is IMPOSSIBLE to own money, no matter who you are, or what you do.. you know what an AP does? they "own" their money by buying a car with the "houses money"..
 
Top