Making $100 at a Casino, professional gambler discussion

[gizmotron]

Now for the real test. If you become good at this I wonder if you can live with it.  I mean you will have a way to take a large amount of money on a daily basis from the casinos. Can you handle success and will it change your life?

Most people are actually afraid of success. You can tell that by their actions.

A ton of disposable money will not necessarily make you happy. Just look at the many lives wrecked by winning a lottery.

And think about this too. Once this is discovered as effecting the bottom lines at too many casinos then the well will run dry.

 

[Mod1234]

I deleted the bickering posts. Cut it out - has no place here.

 

[gizmotron]

"I deleted the bickering posts. Cut it out - has no place here."

I thought it instructive to deal with a person attacking me personally. Now I feel like the moderator has manipulated me.

What triggered all this was me saying that people are afraid of success. I spent a lot of effort writing an explanation for that. I was accused of having too much time on my hands for this to be real.

Now I'm getting done with this thread. You take over.

Oh, yeah, have a nice day.

 

[gizmotron]

Yep, it's not worth disagreeing with anyone here. I spoke with one of the mods. It's all lost. Chalk one up for the trolls. Good luck. If you gamble, use your head.

 

[gizmotron]

OK, I cooled off. I will be the jerk that tells on the disrupters and waits for the mods to remove the pests with disrupting decorum.

"Most people are actually afraid of success. You can tell that by their actions."

That was the point that triggered the troll.

Let me explain this once again. People play to lose. 99.999% of people that gamble lose and almost never end up ahead. Sure they might have a great night or even a few nights that did well. But they plan to lose it all back anyway.

When they walk in the door they have an amount that they plan to spend and once that is gone then they are done. They don't have a plan to win. They'd all like to win. But they are prepared to lose.

That's how the casinos get money to hang those elaborate chandeliers from the ceilings. That's why there are staff roaming all over the place to assist players. "It's fun to lose."

I know how to succeed because I don't hope that I will get lucky. I know that I will get luck. I just have to wait until lucky comes to me. There's a deliberate tactic to waiting for good luck to come to you.

So when I walk in the door, I'm ready to wage an all out war with money as the "capture the flag" goal. The bullets flying are randomness. The opportunities come and go from the natural flow of coincidence. I play a game that allows me to keep track of more moments of opportunity than even the most sophisticated gambling experts around the world know of. I know this because I have been discussing these things with them for more than 20 years. The best in the world play Baccarat. That is a one data stream opportunity compared to my 6 simultaneous data streams in Roulette. If one stream is bad luck another could be in a good luck phase.

I'm not afraid to succeed.

 

[gizmotron]

Only one comment from a single person actually working on learning the skills of Reading Randomness that is here.

Only about four or five that came forward at the actual teaching thread. Yet, on a daily basis of two hours per day, using email only, I was able to train a person guiding them step by step to learn each characteristic and to watch them play live right in front of me, even though he was half way around the world when we did that.

I have suggested that making $50 to $100 is smart. To put that into a better frame of mind I mean "Frugal."  Did you see Bob's latest video: "Quote #18 The Joy of Frugality Less is More."

This is taking too long. I'm starting to figure out how to get as much as possible as a strategy.

Here are some things you might want to know. If you want to be considered a pro gambler by the IRS then you must prove to them that most of your income is derived from the practice of gambling. Unfortunately if you travel in an RV you can't write off travel expenses. But you still must file both your federal income tax but also your self employment Social Security taxes of at least 16%. So you don't want to be a pro. You want to just be a recreational gambler.

Now if you were to travel from your home and rent a car, take rooms, and meals then all that could all be written off as a pro gambler. Most Native American Indian casinos have a high limit value at the Roulette table that is $25 to any way on a number. That pays $875. If I were to use my strategy of 18 numbers selected at $25 for each number then I would win around $1,350 for each session won. Since my win to loss ratio is 2 to 1  it would take a little more than 2 days to make  $1,350. 

It takes 740 net wins at $1,350 to make 1 million dollars. But a good player loses $2,700 for every $5,400 that they make with $25 chips. So every 5 days they make $2,700. You get 6 of those 5 days each month. That comes to about $16,000 per month. It would take around 5 years playing all the time, and losing every 5th session to become a millionaire.

The good news is that you can find a few places that accept $100 chips.  So if you only played at those casinos and played for a little more than 15 months you could make it to that first million.

Now I wonder what will happen?  You could probably find some high roller casinos that will accept $10,000 chips.

Here is the test. You go to the teaching thread and you follow the teaching plan. You get good at it and establish your long term win to loss ratio in money. You get as much as you can until the casinos shut this down.  Too many people have proven that they have the skills.  I think the only thing holding this back was the Covid-19 pandemic.

Now you could also go work for Amazon for Christmas. I think the Beet harvest is over. So when you have time you can sit around your camping vehicle and learn how to Read Randomness.  You will know if you can do this without spending a single penny.  You might want to spend 69 cents on a pack of lined index cards though. It pays to be ready by practicing with pen and paper.

I would rather live in a world where frugality is a virtue. But as Bob says, we are bombarded daily to oppose that notion. That is why I said go for $50 or $100 per day.  And use that when you want to or need it for 50 years.  But human nature will once again prevail. People will use this to go with the $10,000 chips.  I'm just saying this here among the Nomads because altruism is a thing you pay for with your integrity.

Being a gambler I know that human nature will prevail. If you can start out with around $500, that's 4 session bankrolls of $125 each then you can start winning $50 per session played, including lost sessions. That means you should have enough to get going and growing the bankroll. Once you double your bankroll to $1,000 you can press upward and start earning $100+ per session won. You will have losses. So you want to go upward slowly.  Once you get to $5 chips you are looking at a little more than $250 per won session.  You must get really good at loss control. It will be impossible for you to learn Reading Randomness and to go without facing this and your self. Your mind will start to think "more, more, more. I want more."

In that case I have not done you a favor.

 

[gizmotron]

Learning Reading Randomness is like any new experience. When you first began to read you had sentences that were just verb & noun. Here is an example: "Bob has a cat." "The girl has a red wagon." Now if the girl had learned to read randomness like I do then she would have a red Ferrari.

So I'm going to teach everyone how to have one skill from many that are available in the characteristics of Reading Randomness. In this way you will learn if you have the presence of mind for this kind of thing.

So let's start with the sleeping dozens and the sleeping zeros. If you need math to be absolute then you will struggle with what is to follow. If that happens then you are brain washed. But assuming that you wish to be freed from that cultish existence you follow along ahead anyway.

There are 38 slots on the American roulette wheel. Two of those slots have zeros in them. They will lose for you for sure if you don't have them in your grouping of dozens. The table layout is set up so that you can bet on the first, second, or third dozens but not on the zeros. That is what makes the game slightly unfair.

But if you are not married to mathematical absolutism you might notice that the zeros go to sleep at times. When they do you get a phase where the game becomes fair. It's common to see the zeros go to sleep for more than a hundred back to back spins at a time.

Now you have been trained in RR that the zeros go to sleep at times. You can study real live spin results form a website in Wiesbaden Germany that this is verifiable information. There is no reason to take my word for it.

Conversely you will find times when the zeros are wide awake and active. That can be studied in your free time too. In fact you could become an expert at watching and labeling your own experience on just how the zeros come and go. From that you can assemble your own experience and understanding of the nature of randomness and the zeros. If you want to take money just laying there to be taken from a casino then you must know about this and have at least a little experience dealing with it. A hot phase of the zeros can be highly profitable. They don't just represent doom.

 

[gizmotron]

Now all that is left to learn is that a single one of the three dozens might go to sleep for a short stretch. They do this at times. So your only Reading Randomness skill is to search for any sleeping dozen. It's the only strategy that you know, along with how the zeros are doing.

I will give an example so that you can see this.

A, B, B, A, B, B, B, A, A, A, B, B, A, B, B, B, A, A, C, 00, A, B,

The "C" only hits once as it might be beginning to wake back up.

That was a stretch of 18 back to back results with the "C" not hitting. The "C" was asleep for a short stretch.

Why would anyone want to know this? My guess is that some people might like money. It's a natural occurring coincidence of gambling. The casinos think that it's just an unusable coincidence. And for most people it is.

So you now know to watch for the sleeping dozen.

 

[gizmotron]

test

 

[gizmotron]

Now that you can find a sleeping dozen I will show you how to exploit it.

So you are searching for sleeping dozens that are part of the bigger phase that the zeros are sleeping too.

So how do you bet so that you can't lose anything during your only knowledge of Reading Randomness?

While the pattern continues you place bets so that you have a way to get paid two times as much on the remaining two active dozens.  Let's say that "C" is sleeping and the zeros are sleeping too. That means as long as this keeps up only the "A" or the "B" will hit. Now comes the fun part. You don't care much which dozen hits of the remaining active dozens.

 

[gizmotron]

So you bet $50 on "A" and $25 on "B." If "B" hits you get all the money back as if nothing happens. It's like nothing did happen. It does not count against you and it does not push you ahead. Dozens, (12 numbers selected), pay two to one. So if "B" hits at $25 you get to keep your original $25 and you get $50 more. That adds up to the original $75 bet on that spin.

 

[gizmotron]

Now if "A" hits then you get to keep that $50 and you get $100 more. That comes to + $75 from $75 risked. Only you were covering 24 numbers from the total of 38 available.

That takes a 50 / 50 payoff, $75 & $75, from a 63% risk in your favor. You have a mathematical risk of winning or nothing happening at 63%. And a payoff when you win of 100% risked. If the streak ends then "C" will have woken back up or the zeros woke back up. In that case you lose the $75, 100% of what you risked. When "B" hits you have nothing. Nothing is taken from you and nothing is added to you.

 

[gizmotron]

Now if you are a very smart player your goal is to win just one net win. In the example above that would be $75. Once you win then the session is done. You go have a dozen hot buffalo chicken wings and a beer in the sports bar and pocket the $50 left over for the gas tank.

 

[Sofisintown]

Giz, I don't know if you have realized yet, but there are hardly any gamblers in this crowd.
We are mostly people of moderate means and we don't hang around casinos or inclined to risk our money in such schemes.
You are mostly talking to yourself.

 

[gizmotron]

I realize that. And I really appreciate you telling me this. I was pretty sure that this was the case when I started here. I was so taken in by the movie  'Nomadlands.' It happened to me. Back in the winter of 1995 in Sante Fe, NM I moved into my car and set out for the unknown. I was still able to work as a carpenter back then. So I moved to the outskirts of Portland Oregon, mainly the two big towns around Mt Hood. I found work real easy. Most employers knew right away that I could do what they needed. 

I had been working on Reading Randomness for more than 20 years. I made all the mistakes and lost a lot of pay checks. But it was about three and one half years ago that I found the secret that I needed. I've told that much already. Any person can go at this with just $125. But they can't go at it if they don't first become an expert. I really mean it. People here are probably clueless at even placing bets on a Roulette table and should be filled with lots of apprehension if they were ever to step up to a table.

I want to take people that have no idea how to do this and walk them through the baby steps to actually do it. If there are no takers then there are no takers. I will not be disappointed in that case. But that is best done in person and actually taking people into a casino to get their feet wet. But not until their minds are trained to win.

 

[gizmotron]

We are mostly people of moderate means and we don't hang around casinos or inclined  to risk our money in such schemes.

Point taken.

I have given this a lot of thought and have come up with a solution. They say to put your money where your mouth is. They also say "Give a person a fish and you feed him for a day. Teach a person to fish and you feed him for life."

So far, among those that have tried to learn Reading Randomness in their practice, nobody has gone past 4 lost sessions in a row. Since a practical buy in is 7 stacks of $1 chips that would come to $140 per session. Four of those in a row would be $560. I'm willing to come to Quartzite in the winter of 2023, that's in a year, and give 5 people a shot at a beginning full strategy bankroll each.

 

[gizmotron]

It would work like this. I will have a table with a real casino Roulette layout clipped to it. I will have enough real weighted practice chips so that 4 people will be able to play all at once. I will be the dealer. I will watch people play and keep track of their winnings and their knowledge. It will include their skill at keeping their charts, making the choices, getting bets down in time, and showing their actual progress and expertise at the skill that I teach. This process will be free. I will know the difference between real knowledge and anyone trying to fake it.
I will select the best 5 experts and fund their real life beginning bankroll.

 

[gizmotron]

My plan is to go with one person at a time to a real casino and give them $140 at a time to see if they can make it. We will both play for real together with other players that come and go. The plan will be to stick to the strategy. I will know for sure that this process is a success. After each session in a real casino the recipient player will be able to keep the $140 plus any money won, that should be around $54 to $60 extra if they win the session. So each one of the chosen 5 will get the full $560 from me in four trips to a casino each. Camping at a casino is generally considered free. So they will meet me at a casino that we both can agree on.

 

[gizmotron]

So let's see if that will interest anyone that is just sitting around waiting for seasonal jobs to pick up. They can go over to the teaching thread and learn. An hour a day and you can get 60 hours of training in two months time. You can practice with index cards and an ink pen. You don't have to have a computer. You can play practice for two hours per day like the original student did. You can even get your own felt table layout and real weighted practice chips. You can find a way to simulate spins. You can get them live off of the internet from a real table for free. This is a trained skill and money is nothing more than your craftsman tools.

 

[gizmotron]

Eddie Felson: "Money won is twice as sweet as money earned."
[video=youtube]