Hit And Run Gambling - Can The House Be Beaten This way?

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Quote from: nullama on January 31, 2023, 08:29:15 PM

Quote from: Balmain on January 31, 2023, 06:30:09 PM

It looks like a win on paper and you beat that casino plus you even invest. Even if the gambler stops for the moment, he always continues afterwards and may lose more than he has. So I actually think there is never a chance to beat the house. You can leave more than what you earn today after a few years, so we should not look at things momentarily. Luckily, I had friends who started gambling this way and made money. They still continue to play, they win one day and lose the next, after a while you succumb to your greed. I usually bet on the matches that I will watch the matches that I like, to get excitement. Winning makes me happier then.

The thing is that you need to stop gambling forever after you win, and that means that almost no one will do that, because it's addictive, specially when you're winning.

Some might argue that they gamble for fun, so in that case, then it's just entertainment and the payment to the casinos is just the payment for entertainment.

But if you just want to win money, and you're lucky, you can actually end up in positive net gain. You just have to quit after you earn big, which is unlikely anyway.

After winning a big win, he should have immediately stopped and withdrawn his winnings to prevent the desire to get another big win. But that didn't make the casino suffer losses because there were still many other gamblers who lost, some of whom lost large amounts of money. This makes the casino have income from the losing casino even if the amount they lose is greater than the amount that person wins. In addition, that person needs to calculate how much money he has spent at the gambling table and how many defeats he has experienced and compare it with the big wins he has won. It could be the number of losses is still greater.

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Quote from: Balmain on January 31, 2023, 06:30:09 PM

It looks like a win on paper and you beat that casino plus you even invest. Even if the gambler stops for the moment, he always continues afterwards and may lose more than he has. So I actually think there is never a chance to beat the house. You can leave more than what you earn today after a few years, so we should not look at things momentarily. Luckily, I had friends who started gambling this way and made money. They still continue to play, they win one day and lose the next, after a while you succumb to your greed. I usually bet on the matches that I will watch the matches that I like, to get excitement. Winning makes me happier then.

The thing is that you need to stop gambling forever after you win, and that means that almost no one will do that, because it's addictive, specially when you're winning.

Some might argue that they gamble for fun, so in that case, then it's just entertainment and the payment to the casinos is just the payment for entertainment.

But if you just want to win money, and you're lucky, you can actually end up in positive net gain. You just have to quit after you earn big, which is unlikely anyway.

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It looks like a win on paper and you beat that casino plus you even invest. Even if the gambler stops for the moment, he always continues afterwards and may lose more than he has. So I actually think there is never a chance to beat the house. You can leave more than what you earn today after a few years, so we should not look at things momentarily. Luckily, I had friends who started gambling this way and made money. They still continue to play, they win one day and lose the next, after a while you succumb to your greed. I usually bet on the matches that I will watch the matches that I like, to get excitement. Winning makes me happier then.

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Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

Yes, that would be the perfect way to beat the casino and many people do this as part of matched betting. In some countries there can be dozens of sites offering welcome bonuses to entice new players, but you really need to read through the rules of each one and fully understand the process before jumping in to maximize your returns. You're also likely to find that casinos give slightly more favorable odds, although it might be hard to prove, to newer players as they want to draw them in and get them to play for the long term - they'll often spend a fair chunk on advertising to acquire new players after all. The honeymoon period might wear off advert 48 hours, 72 hours, a week or longer.

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Quote from: bettercrypto on January 31, 2023, 09:50:56 AM

Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

I don't know if the term you beat the casino is correct in the situation you gave as an example. Maybe from the few dollars that turned into thousands of dollars, I can say that you can withdraw it right away.

But in 200$ that became 100k$ because of your gambling win, that's quite a large amount, perhaps, I don't think they will just allow you to withdraw it so easily. Because the gambling management has things to do there, they will screening you for sure. So it's a bit like it's too good to be true, this is just my thought friend.

Depending on which site you are really dealing with but if you do stick into legit ones then you might be paid up right away but its true that with that amount then screening and double checking if there's something wrong

then it would really be that a common behavior among into these houses because making a few hundreds into thousands of dollars is really that very unlikely.If they have seen none then they would really just simply

release it.Hit and run isnt something a right word for this one but it is really that pertaining on completely stopping when you are in big hits which is always been that recommended but only a few could totally be
able to apply this principle because most of the time which gamblers do really losses up their winnings back into the house just because they decided to play even more for more profits.

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Quote from: bettercrypto on January 31, 2023, 09:50:56 AM

I don't know if the term you beat the casino is correct in the situation you gave as an example. Maybe from the few dollars that turned into thousands of dollars, I can say that you can withdraw it right away.

This can happen to people who only occasionally gamble, with a few dollars in capital and by chance he gets a few thousand dollars, withdraws them, and never comes back. at least, things like this are still quite reasonable and might happen. only, which casino does he play, does it have to be KYC. but suppose it happened.

Quote from: bettercrypto on January 31, 2023, 09:50:56 AM

But in 200$ that became 100k$ because of your gambling win, that's quite a large amount, perhaps, I don't think they will just allow you to withdraw it so easily. Because the gambling management has things to do there, they will screening you for sure. So it's a bit like it's too good to be true, this is just my thought friend.

It's possible, especially if the casino used is a trusted casino. it's just that, maybe to pull it is not easy. at least, there are some mechanisms or requirements that must be fulfilled by someone who wins a large amount, for example $100k as you mentioned. one example, such as upgrading the account level and doing more specific KYC for example.
but really what it boils down to is, is it possible to beat the house. I mean, the scenario is not as easy as we discussed here. in fact, if a gambler has the mindset of beating the house, it's usually the opposite. in fact, a person can spend a lot of money. because after all, all he was aiming for was beating the house. not to get pleasure from every gambling session, regardless of the type of game.

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Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

I don't know if the term you beat the casino is correct in the situation you gave as an example. Maybe from the few dollars that turned into thousands of dollars, I can say that you can withdraw it right away.

But in 200$ that became 100k$ because of your gambling win, that's quite a large amount, perhaps, I don't think they will just allow you to withdraw it so easily. Because the gambling management has things to do there, they will screening you for sure. So it's a bit like it's too good to be true, this is just my thought friend.

AicecreaME

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Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

That's one of the possible things people can do to kind of "beat the house". Although it's one of the ways to gamble naturally speaking, you can call this winning over the casino on your perspective because you won over them and utilized your winnings right after getting it instead of betting one more time. But this isn't always the case and isn't always the same for everyone. So basically, the casino house is still winning because players are still spending their money to make and place some bets.

Casino owners wouldn't really make a charity work, so most probably they will still have so much profit every time a player play in their site or their establishment. After all, a collective bet is worth a dime already if it will be totaled.

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Quote from: Docnaster on January 30, 2023, 07:09:41 AM

Quote from: maydna on January 30, 2023, 07:00:46 AM

Quote from: Asiska02 on January 30, 2023, 05:37:47 AM

This is a completely legitimate way to beat the casino. To some extent, winning such a large sum of money in gambling is extremely unlikely. Gamblers have this feeling that once they win one, they'll want to put all of their money, including the profit, back in and play to win more, but to their greatest surprise, they lose everything. People who have the mindset of winning big and never coming back are always the unlucky ones to hit the jackpot big enough to cash out in a single trial.

What happens is they lose after they put in all their money, which doesn't give them any winnings. The situation reversed rapidly, and it was time for the casino to take all the winnings from that gambler. People who think a hit-and-run strategy will work should realize that they cannot hope to do so because the situation will change instantly. They must also think that the casino will not simply let them withdraw their winnings before fulfilling all the conditions.

According to OP. The scenario he painted was that there is no losing for the person. You played and you also won big. But the OP didn't put into consideration what happens since the gambler started gambling. Was it the first time for the gambler to gamble?
In one way or the other the gambler must have lost in some ways to other casino. You may have beaten the house immediately but no overall.

Indeed, there is no loss for that person. But that person should already know whether his plan worked well or if he failed to get his winnings because the risk that might arise is that the casino might ask him to ask for various conditions before the casino processes the withdrawal of his money. But it's a different matter if they have often played gambling at the casino and maybe have verified it so that the casino will allow gamblers to withdraw their winnings immediately. But if this is the first time the gambler has played at the casino and he is lucky to get a big win, it is not easy for him to withdraw the winning money.

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Quote from: Poker Player on January 31, 2023, 12:10:00 AM

He could apply the same argument to the lottery. If someone wins €100M on the Euromillions, can we consider that they have beaten the house?

The answer is no, because the lottery only allocates 50% in prizes, so even though you have won €100M they have already kept their juicy 50% of the total proceeds.

Not to mention how much they have earned before they manage to make that 100M bank. It only looks that it is hard for casinos to earn those millions to create a juicy jackpot. With all that "5-10 EUR is nothing, I am gonna buy a new lottery card", their total bank fills quickly. One trading spot probably sells 20-30 cards daily. That is like 200 EUR from one spot, and trading spots are at every every shop, at every cash desk. Quite a hefty daily income. And people with their "I've bough a lottery card for 10, got lucky and 50, cash out and hit and run" are laughable. Cant beat the system, cant beat the house.

Pierre 2

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I don't believe in this type of processes are going on in casinos. Obviously you can strike a win and stop playing at that point. It is completely up to you. But in my opinion you would only deceive yourself. I am pretty sure house at casinos have various methods that secure their profits. Handing you out like 2000 usd win will be nothing for them as a loss. Its better to discipline yourself to stop gambling. You can develop yourself and not get addicted.

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Quote from: Fundamentals Of on January 30, 2023, 11:33:57 PM

It depends on how you interpret it. If you only consider yourself, then you're winning. With luck, you indeed beat the house.

But I think this is not what is meant by "the house always wins." When you won against the house, what happened to the casino? For sure you didn't bring it down. On the contrary, it actually continued to make money as if what it paid you is nothing. This is what is meant by "the house always wins." All the money that is paid to all winners actually dwarfs in comparison to all the money spent by all gamblers. And that's because "the house always wins."

It is simply that the casino is based on the big numbers not on what the OP does or doesn't do.

He could apply the same argument to the lottery. If someone wins €100M on the Euromillions, can we consider that they have beaten the house?

The answer is no, because the lottery only allocates 50% in prizes, so even though you have won €100M they have already kept their juicy 50% of the total proceeds.

Therefore, the house always wins.

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Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

Well, without a doubt those scenarios you have on the list, beat the house, but the real question is, can you stop gambling when you feel lucky? I mean doubling/multiplying your money in gambling is way quicker than putting up a new business lol.
I personally have never heard of someone before who hits big time jackpot and left the casinos right after for the rest of their lives to focus on business. Except for the lotteries, but some winners do still buy tickets after hitting the jackpot though.

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Quote from: Reatim on January 30, 2023, 10:59:23 PM

if you can manage to just deposit, play then win and go out without turning back? meaning not trying to win again in the next days?

If a gambler win and let's say able to withdraw his money right after, the chances are he will return back because of the good experience he had in the particular casino. So the eagerness for him to maximize his profit is there (probably most of us already experience this kind of situation). Maybe there are gamblers who did quit but not for the reason they win huge for the first time but because of frequent losses and want to move on. Anyway, its a human nature to be greedy sometimes and it depends for each of us on how we handle it.

Shinpako09

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Basically, you did but at the end of the day, while you won, majority is losing so the house is still in profit. So, beating the house is close to impossible by the majority to the point where it's safe to say that house is unbeatable. Look at the growth of the gambling business to this day. Those casinos that lose or have been closed especially online have a limited bankroll.

Quote from: Synchronice on January 30, 2023, 04:51:49 PM

My answer is simple: Don't use strategy if you want to beat the house, that's why the newbies usually win when they start gambling of a game they have no idea about. Once you get used to certain games, rules and so on, you start to build strategies to beat the house and that's where the mistake is made. Then, again our mind tells us to do martingale and it's a dead point.
By the way, if you or anyone could beat the house, then casinos wouldn't exist. If anyone would ever be capable to beat it, would be top-notch mathematicians but failed too cause they can't break the rule of math, one plus one will always remain two.

Fact, beginners' luck at its finest.

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It depends on how you interpret it. If you only consider yourself, then you're winning. With luck, you indeed beat the house.

But I think this is not what is meant by "the house always wins." When you won against the house, what happened to the casino? For sure you didn't bring it down. On the contrary, it actually continued to make money as if what it paid you is nothing. This is what is meant by "the house always wins." All the money that is paid to all winners actually dwarfs in comparison to all the money spent by all gamblers. And that's because "the house always wins."

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Quote from: Fivestar4everMVP on January 28, 2023, 03:23:59 PM

Hi gamblers, it's a simple question I want to ask...

Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..

Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?

if you can manage to just deposit, play then win and go out without turning back? meaning not trying to win again in the next days?

but for me ? this is how casino designs their gaming specially in online gambling that mostly they are letting us believe in beginners luck knowing that sooner we will try beating them again and will followed addiction.

maybe I am wrong but in my own experience? yeah I knew that.

Quote

Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?

you beat the house on both scenario mate and that is indeed, but like what I said above? not sure if this is truly happening , you will always seek for gambling as you have already experience EASY MONEY .

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If a gambler can really win a lot of money in a short time and the casino allows him to withdraw the winnings without much requirement, that gambler should withdraw the winnings as soon as possible and not return to the casino.
It will be a big win for the gambler because he can play quickly to get the win and withdraw the money.
But unfortunately, that would only fuel his greed and he would have wanted more wins and he could have just started betting bigger stakes.
Maybe only a few gamblers can take advantage of the moment of victory by withdrawing their winnings and leaving the casino but others will keep on betting until their winnings are gone.

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Quote from: Synchronice on January 30, 2023, 04:51:49 PM

My answer is simple: Don't use strategy if you want to beat the house, that's why the newbies usually win when they start gambling of a game they have no idea about.

Because in the first place, there's no strategy that can beat the house.

What we need to do is take advantage of our winnings once the house gives it to us. Rather than aggressively continue playing, take a break and enjoy our winnings then up to us if we will gamble some extras on that winnings.

Generally, a bankroll strategy needs to practice more rather than thinking of beating the house.

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Quote from: Bitinity on January 30, 2023, 09:17:22 AM

The question is, will it stop here? I mean, I may not return to the casino where I win big in my first try, but I may come to other casinos in order to try to get the same experience. It will be useless if I can leave from one site but continue gambling in other sites. If I can stop it 100% without moving to other casinos, I would not say that I've beaten the house but I've beaten myself. If I can do such thing means that I can control myself for a better thing.

After winning that huge amount, it's impossible for some not to miss that feeling of being excited again to experience it again and again.

These people will eventually continue and return to gambling after winning big as they like to repeat that scenario where they won big.

That's the purpose of the house, to provide winning at the early session of a new user to manipulate their mind that winning big in a casino is easy, not realizing that that early winning is just the start of being lured into the trap.

Topic: Hit And Run Gambling - Can The House Be Beaten This way? (Read 715 times)