System

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    Last post ago about 5 years by blueday
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      • Pierce 1
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        Good day, everyone.

        If you would care to peruse the article on the Labouchere System of Roulette on Wikipedia.org, I wrote the majority of that and it would seem that others viewing that article have felt little need to change it over the years.

        I was considering applying the Labouchere System to on-line Blackjack, but have not done so, because it seems that the Terms & Conditions of many casino websites restrict the use of system betting to such an extent that system-betting may void payouts.  That is unfortunate because a 3:2 payout on natural Blackjacks would offer an even greater advantage in using the Labouchere System as you could theoretically scratch out three (or more) numbers on your Labouchere list with one natural Blackjack.


        Imagine a list of: 2, 2, 2, 2, 2


        Let's say you experience two wins, then five losses, then a win, your new list would be:

        2,  2, 2,

        Then:

        2

        Then:

        2, 2

        Then:

        2, 2, 4

        Then:

        2, 2, 4, 6

        Then:

        2, 2, 4, 6, 8

        Then:

        2, 2, 4, 6, 8, 10

        Then:

        2, 4, 6, 8

        The next bet as demanded by the system would be 10, but if you were to hit that for a Natural, the pay would be +15 which would enable you to scratch out the 2, 4, 8 and either reduce the six to a five, or breakdown that five into smaller parts, such as 2, 2, 1.

        The advantages are obvious because, given the fact that the player need only prevail 33.34 (or more) percent of the time with the standard Labouchere on an even money bet, the prospect of eliminating more than two numbers for a Natural reduces the necessary winning percentage further.  The actual winning percentage completing the line will vary based upon how many Naturals you hit and how you choose to play the remainder.


        Why does this not work at a live casino?

        Simple: You can't have a pen and paper at a live casino, so it is much more difficult to track your line, and you only have so much space to work with in terms of setting your chips up in a line.

        You can generally have a pen and paper at the Roulette Table, but if Labouchere actually worked in practice (in theory works because there are no Limits and an unlimited bankroll) everyone would be doing it.  I've tried it live, and you will usually complete 5-10 lines successfully, but the one you lose absolutely clobbers you.

        I consider myself a student of Table Game theory, so if anyone is interested in that subject, hit me up via PM oir Chat.  I'm strong in mathematics, so I can usually devise a formula to figure out just about anything.
      • Pierce 1
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        May I respectfully inquire as to why this post was moved out of Introductions and from which a seperate thread was created? 

        I obviously have no problem with the bulk of this post being here as it is appropriate to system play, however, the first paragraph of the post only made sense in the context of introductions and it appears that I can not modify this post.

        If you would be so kind, would you please delete the following paragraph from the above post:

        "My handle is Mission146 and I am a married 28 year-old male from the State of Ohio with two kids.  I am relatively new to the world of on-line casinos, though I am experienced in live casino play in the games of Slots, Roulette, Blackjack and Poker, in that order."

        Respectfully Yours,
        Mission146



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        Thanks for this post from:

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        Hi Mission,

        LCB is not an advocate of asking members to PM other members in regards to game strategies etc.

        The preferred way is to openly share it on the forum. The reason for this is to prevent any type of advertising and spamming and there is really no reason to share information privately. This is what the open forum is for. 

        Thanks for your co-operation,
        Lips
      • Pierce 1
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        Lips,

        You have my apologies, I failed to consider that a gambling Forum could well have a higher propensity for Spam than the two Philosophy Forums at which I am both a Moderator and a Member. 

        Yes, I would certainly be open to discussing any strategies openly.  I suggested the PM merely because the mathematics (which I tend to delve into to a great extent) can get boring for many people who are not inclined.
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        Mission146 wrote:

        May I respectfully inquire as to why this post was moved out of Introductions and from which a seperate thread was created? 

        I obviously have no problem with the bulk of this post being here as it is appropriate to system play, however, the first paragraph of the post only made sense in the context of introductions and it appears that I can not modify this post.

        If you would be so kind, would you please delete the following paragraph from the above post:

        "My handle is Mission146 and I am a married 28 year-old male from the State of Ohio with two kids.  I am relatively new to the world of on-line casinos, though I am experienced in live casino play in the games of Slots, Roulette, Blackjack and Poker, in that order."

        Respectfully Yours,
        Mission146






        Your paragraph has been removed as requested. 

        This post was not in introductions, it was in the general section as a separate post when it was moved.  As it is relative to casinos, it was moved here.

        May I suggest introducing yourself in the "introduce yourself" section HERE.

        blue

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