Author: Jason A. Martin Word Count: 565
Look around the Internet today and you will find a large number of websites (and articles) pushing a gambling system. However, 99.9% of those people are not professionals or never where. In my daily Internet travels, I found a gambling system, written by an obvious huckster, on craps. The unsuspecting gambler might buy into his meaty marketing hype and run off to lose hard-earned money at the casino.
The craps system, which was not some unique creation, was basically this:
First, you place a bet on the don't pass line. You wait for a point to be established, and then you place the number for the amount of your don't pass bet. At this point, you can't lose, only push.
This system seems like a sure bet—to the novice. However, a seasoned craps player will immediately ask, "What about the come out roll?" On the come out roll, a seven or eleven will destroy your bet and this might be ok if your potential winnings where around your bet amount, but if you do this system, your potential winnings, given a $30 bet, are between $5 and $24 per shot, with the mean being $13.66—45.5% of your original bet.
The marketing text from the so-called "expert" quickly tried to dispel this scenario by saying that the don't pass line wins if a two or three rolls (and pushes on a twelve), so the come out odds are about even to win or lose. Nothing could be further from the truth. Let's break it down. If you place a bet on the don't pass line, you have a winning probability of 8.3% and a losing probability of 22.2%. Still think it's about even? If you do, I have some land to sell you.
The fact is; the "expert" was lying. You have a 13.9% probability of losing your initial bet on the come out roll, which means that you will lose one out of every seven come out rolls. Play 100 come out rolls, and you will lose fourteen times. Can this system still work? Yes, if the table is hot. If you try this on a cold table, you will get hammered. The bottom line to this system is bankroll—and limits. The system in itself if poor, but if you have a big enough bankroll to let the numbers win out, it can work.
Additionally, this gambling system is not good for small bettors. Ideally, you need to bet in $30 intervals (30,60,90) to run it well. Your bankroll should be at least 100-200 times your betting unit. For example, if you were betting $30 units, $3,000 to $6,000 is required. This will allow you to fight through slumps. If you are a small bettor, $3 units can work, but you will be working hard to earn any real money. Anything between $3 and $30 will throw off the odds payouts and end up costing you money, which will destroy the system. The $3 bettor should have a bankroll of $300 to $600. Of course, none of this information I have presented to you today was told to the unsuspecting system buyer—but then again, he wasn't a professional. I go more into detail on many systems, sports plays, and games at wisebettor.com if you are interested. Stay sharp out there.
Jason A. Martin former casino dealer, professional gambler and Las Vegas insider. You can get your own content, links and marketing at his gambling website marketing website at GamblerMarketing.com. © Market Junction LLC.
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