[Concluded] The FFR AAAdvent Calendar

[MarcusHawkins]

Originally Posted by foxfire667

Are you just taking any old wager or making any old bet? Believe it or not there is a method to getting fairly consistent gains from the gambling hall, barring some unholy awful luck.

Basically as you win more you have a greater chance of losing and vice-versa. So what you want to do essentially is bet less or take a smaller wager when you win, and do the opposite when you lose. The more times you lose, the higher your next bet or wager taken should be, and the opposite for winning.

That's what I thought, but when you lose, you can take a higher bet, and still LOSE. OR you can take a higher bet, and win.

[tosh]

Originally Posted by MarcusHawkins

1000/500/1000/5000/500/1000

Also, I think I'm really bad with the Gambling hall.
I took the wager for 50,000 credits again, and lost again.

That's 2 losses with taken wagers of 50,000 credits in a row. What am I doing with this site??

I was 0/13 on 100k+ bets before I decided to never use the gambling hall again.

Some of us are just destined to have bad luck with it.

[gold stinger]

Originally Posted by FFR Events

That's Mr. FFR Events to you!

You don't deserve Mr. because you are an entity not a physical person, just like every other username on this website unless your username is your physical name in real life.

just an fyi (sun)

[j-rodd123]

Originally Posted by tosh

I was 0/13 on 100k+ bets before I decided to never use the gambling hall again.

Some of us are just destined to have bad luck with it.

ya like back when they had 1 mill wagers i won my first one, then proceeded to lose my next 7 to bring my 1 mill credit wagers to a whopping 1/8

[foxfire667]

Originally Posted by MarcusHawkins

That's what I thought, but when you lose, you can take a higher bet, and still LOSE. OR you can take a higher bet, and win.

Yes you can, which is why you must be willing to take the risk. If you get to the point where you lost 500/1k/5k/10k, you have to be willing to make the subsequent 25k bet, and so on. It's a risk, but as you lose more, the odds of no recovery at all are ridiculously low.

When it comes to a winning streak, it's not worth it to peruse because every win stacks against you exponentially. You'd be better off trying to break the streak on low level bets.

[MarcusHawkins]

So this method is only useful if you know its range. I lost 5 times in a row, and won 5 times in a row, stuff like that. That's a high range, and I don't know when I should take a low bet, or a high bet. Sometimes I win, lose, win, lose in that order as well. This can also affect the way my next bet should be.

I don't know, maybe I should go for less luck, and more skill.

Wow, this post actually makes sense to go after what the previous post was (which I didn't see)

[rushyrulz]

Expected Value and YOU

[j-rodd123]

not even real money, quit caring

[foxfire667]

Originally Posted by MarcusHawkins

So this method is only useful if you know its range. I lost 5 times in a row, and won 5 times in a row, stuff like that. That's a high range, and I don't know when I should take a low bet, or a high bet. Sometimes I win, lose, win, lose in that order as well. This can also affect the way my next bet should be.

Well where you start depends on how much risk you want to take. Technically the safest possible strategy would be to bet 10 credits / take 10 credit wagers, and go to the next tier of credit wager every time you lose. If you win even a single time, you return to the 10 credit bet.

However due to the slow going of he gambling hall that method won't get you much credits. As such, you might want to have a higher baseline instead of 10 (like 1k or something).

[gold stinger]

Originally Posted by j-rodd123

not even real money, quit caring

this is a stickup give me all your credits

[yo man im awesome]

threw 100k in gamble hall someone take my money pls

[rushyrulz]

lost the 100k, won the 250k

[TheSaxRunner05]

Awesome, 25k Credits.

Edit:// Make it 35K after I wagered 10k in the gambling hall lol

[foxfire667]

Ooh nice the gambling hall is getting a little more active!

EDIT: Who took the 500K, and did you win?

[MarcusHawkins]

Originally Posted by foxfire667

Ooh nice the gambling hall is getting a little more active!

EDIT: Who took the 500K, and did you win?

Yea! Glad I mentioned it! Also, that must've been pretty intense for the person who accepted the 500k! (Probably not the person who waged the 500k since (s)he just threw it out there!)

[MikeShinoda12345]

i've lost a net 425k in the gambling hall
i'm not going anywhere near that place again

[benny58624]

Originally Posted by foxfire667

Are you just taking any old wager or making any old bet? Believe it or not there is a method to getting fairly consistent gains from the gambling hall, barring some unholy awful luck.

Basically as you win more you have a greater chance of losing and vice-versa. So what you want to do essentially is bet less or take a smaller wager when you win, and do the opposite when you lose. The more times you lose, the higher your next bet or wager taken should be, and the opposite for winning.

Are you trolling or don't you know this?

The site doesn't use your previous wins/loses to calculate your winning chance (right?) So each time you have a 50% chance at winning.
Example: if you rolled a 6 on a dice five times in a row, what is the chance that you will roll a 6 again next roll? The chance is still 1/6 because the dice doesn't remember your previous rolls.
More info: http://en.wikipedia.org/wiki/Gambler%27s_fallacy

[rushyrulz]

Originally Posted by benny58624

Are you trolling or don't you know this?

The site doesn't use your previous wins/loses to calculate your winning chance (right?) So each time you have a 50% chance at winning.
Example: if you rolled a 6 on a dice five times in a row, what is the chance that you will roll a 6 again next roll? The chance is still 1/6 because the dice doesn't remember your previous rolls.
More info: http://en.wikipedia.org/wiki/Gambler%27s_fallacy

Originally Posted by rushyrulz

Expected Value and YOU

^^

[ItsOnlyDanO]

probability people

probability

[blindreper1179]

gambling is dumb, you're all dumb, stop having problems with gambling.