Knowing when NOT to bet

Started by VLS, Dec 19, 2022, 03:37 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Is knowing when not to bet relevant?

It is as important as knowing when to bet.
10 (83.3%)
It is not relevant.
2 (16.7%)

Total Members Voted: 12

VLS

This is a poll thread for checking out what's the forum's opinion on knowing when NOT to bet.

In my betting framework, triggers (adding numbers), filters (removing numbers) and pauses (not betting) are all equally important.

It is the combination of all three, together with money management, that makes sense. There will be times when the trends/targets/events just aren't swaying due to their dynamic "weights" being very similar, without a clear untying value.

In case of a doubt regarding current conditions, IMHO it is better not to bet instead of simply picking randomly.

What is your opinion about not betting as a valid part of a complete method/strategy?


-- Victor

Whatswhats

If we are following a bet selection, so we have some fixed rule , in this case is important, is fundamental respect when and where to bet.

BlueBuzzard

As @Whatswhats has said, it must be relevant if you're using some kind of bet selection which uses "triggers". That's only logical, but I guess the real question is : are your triggers relevant?

Whatswhats

Quote from: BlueBuzzard on Dec 19, 2022, 02:19 PMAs @Whatswhats has said, it must be relevant if you're using some kind of bet selection which uses "triggers". That's only logical, but I guess the real question is : are your triggers relevant?

No trigger is really relevant, every "trigger" we can ever think will have the exact opposite version, but the trigger help us to make "the same bet" and in the short/medium/long term it in theory will help us. For me it's all about a plan, so the most important things are money management and a plan.

But I also think that probably some bet selections can be better than others.


winkel

Triggers are misleading.

They trigger the win and the loss due to the random possibilities.

6th-sense

the trigger doesn't work...winkel is right...no matter what point you start it,ll lose the same as predicted to the money outlayed.....triggers are irrelevant...

Quote from: Whatswhats on Dec 19, 2022, 02:13 PMIf we are following a bet selection, so we have some fixed rule , in this case is important, is fundamental respect when and where to bet.

exactly..and continuously and only a bet selection that the wheel shows...not one you made up..
Quote from: BlueBuzzard on Dec 19, 2022, 02:19 PMAs @Whatswhats has said, it must be relevant if you're using some kind of bet selection which uses "triggers". That's only logical, but I guess the real question is : are your triggers relevant?

no triggers are relevant ....read winkels post above
Quote from: Whatswhats on Dec 19, 2022, 02:13 PMIf we are following a bet selection, so we have some fixed rule , in this case is important, is fundamental respect when and where to bet.

again read winkels post.....

any made up bet selection will come in and out of sync of what the wheel is spitting out....it has too...regardless of how bad the system is...triggers work then they don,t...it,ll show on your mm....

the only way that method will work is getting a good selection that goes down in bankroll then comes back up to breakeven or near enough....and betting on the upswing itself...that on its own is hard to find...using money balance betting  instead of selection betting...winkel I think knows what I,m on about   
 

BlueBuzzard

Quote from: 6th-sense on Dec 30, 2022, 10:56 PM
Quote from: BlueBuzzard on Dec 19, 2022, 02:19 PMAs Whatswhats has said, it must be relevant if you're using some kind of bet selection which uses "triggers". That's only logical, but I guess the real question is : are your triggers relevant?

no triggers are relevant ....read winkels post above

That's why I said the real question is whether the trigger is relevant. If the trigger is part of your bet selection and plan then obviously it's "relevant", even though in reality it may not have any merit at all.

I don't think you can dismiss ALL triggers as misleading and/or worthless. It depends on the trigger and the circumstances in which you're using it.

6th-sense

Quote from: BlueBuzzard on Dec 31, 2022, 11:11 AMI don't think you can dismiss ALL triggers as misleading and/or worthless. It depends on the trigger and the circumstances in which you're using it.

I suppose its a matter of perspective...from the individual....of what an actual trigger is...

Quote from: BlueBuzzard on Dec 31, 2022, 11:11 AMI don't think you can dismiss ALL triggers

Quote from: BlueBuzzard on Dec 31, 2022, 11:11 AMIt depends on the trigger and the circumstances in which you're using it.

could you give me example for this last half of the quote and explain the reasoning?

Quote from: BlueBuzzard on Dec 31, 2022, 11:11 AMThat's why I said the real question is whether the trigger is relevant.

I think this comment is crucial...again its a very debatable topic...and what a definition of a trigger is...



TwoUp

I think the kind of trigger is important.

If it is based on exploiting a statistical characteristic that actually provides an advantage to the bettor then it's quite useful.

Other fixed pattern based triggers without any statistical edge will give and take as per the probability of winning and losing according to the actual bets made per the betting plan. If there is no statistical advantage then these triggers are there just for the betting plan.

Even if a trigger has no inherent advantage to the player, the value to the player may be that it helps them stick to a plan and perhaps reduce impulsiveness for those so inclined. They may not lose as much as they otherwise would making impulsive or indeed too many bets. It is drawing a long bow however, said players should probably avoid casinos.


gizmotron

It's very simple when it comes to understanding Reading Randomness. If a trend or pattern is indicating a phase of continuing and the Effectiveness State is also in a phase of working when you use that continuing trend or pattern then you place bets. In fact you place the bigger of the two available bets while at a table that you're required to place at least a minimum sized bet for each spin. If not then you select between placing a bet and not placing a bet.

There are two parts to Reading Randomness. The first part is in just seeing the trend or the pattern. The second part is in knowing that when you use the trend or pattern that it is in a phase of working to your advantage.  You will notice that when you practice that you will see times when using the trend or pattern, that the effectiveness is very poor. An example of this would be seen in losing the first attempted bet of any try.

You will have sessions where you lose that session. It comes in the form of a trend or a pattern coming to an end just as you try it with a real big bet. This will come in a swarm of first attempt losses.

Now the end of a trend or a pattern is in the first time that it stops or loses. You never keep going once the first loss occurs. It ended. What I'm saying is that you will get a very bad session where you get a swarm of first attempted bets that come back to back.

In fact in the Reading Randomness experiment if you get 7 net losses of the big bet then you have lost the session. If you get 3 net wins of the big bet then you have won that session and you stop the session in a win condition.
Author of 'Reading Randomness'
Over a half of a million views at GamblingForums dot com

BlueAngel

If you knew when to bet then you would also know when not to, either you know both or neither, you cannot have one without the other.
Do you want truth?
You cannot handle the truth!

VLS

Quote from: BlueAngel on Aug 14, 2023, 06:57 PMIf you knew when to bet then you would also know when not to, either you know both or neither, you cannot have one without the other.

Welcome Angelo! 🤗 Keen observation indeed!

QuoteEither we shall find the way or we will create it

That sums it up 👍


-- Victor

Albalaha

It is more important than knowing when to bet. I always emphasized upon avoiding extremes that are not beatable with even millions of chips. At times, an unbeatable phase would eat as many chips that it becomes impossible to recover.