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WellDone Betting Bots -- May 21, 2012, 21:11
WellDone Betting Bots
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> Topic:
profitable method
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Topic: profitable method (Read 504 times)
jimnz
New member
Reputation: +0/-0
Posts: 24
profitable method
«
on:
August 11, 2011, 01:44 »
following on from my last post..
1. many think x-games are rigged
2. many people can get a system to work well for a day, week month.. producing 100%+ profits per day
What about halfing ones bank ($500 in games wallet and $500 in main) pre betting
aggresivly bet the system until it doubles overnight
Then remove the $500 profit and continue the next night?
assuming the betfait bots dont take you out more than 50% of days this should work?
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rubold
Full Member
Reputation: +12/-0
Posts: 243
Re: profitable method
«
Reply #1 on:
August 11, 2011, 09:01 »
They ain't rigged, just random, but as there is a house edge of around 3%, long term profitability is not possible. A bit like betting on a roulette wheel.
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jimnz
New member
Reputation: +0/-0
Posts: 24
Re: profitable method
«
Reply #2 on:
August 11, 2011, 23:01 »
yea, im leaning more to the random side.
anyone see why this wouldnt work tho?
- your system doubles it self in a 24hr peroid more than 50% of days .
- when the days bets double, remove 1/2 and start the next day with the base bank again
surely this would work?
if 100 days are tested and 80% are "doubled" days, the chances of the next 100 days being below 50% are very slim. and even if the 2nd hundred days strike rate was above 20% (extreamly rare) we would be in profit for the 200 day peroid???
or
@ 80% win rate
start bank $100
2 of every 10 lays are -$100 days
8 of every 10 days are +$100 days
after 100 days, new bank $7300 !
and this is not compounding
i could be missing something?
the only possible system faliure is if the amount of success days drops below 50%, so how many test days would give a safe probability?
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WellDone Betting Bots
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> Topic:
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