In part one of my system I showed you guys how to make money on free odds. Now I am going to show you my statistical system.
The crux is most people seven out within the first 5 rolls as the advantage is to the house. Go to a casino craps table and watch what happens when there is a cold streak. Its like standing at a funeral as the dice gets passed around a table.
Then, someone has a hand and makes two points in a row. Then the table lights up.
Here is how this works.
Wait until a new shooter gets the dice. Wait until he comes out and makes a point number so the puck gets slid over to one of the point numbers: 4, 5, 6, 8, 9, 10. When he or she first gets the dice, they have to roll one of these in order for the puck to get slid over to one of these numbers, this shooter then has that number as the POINT. They then try to reshoot that point number before they roll a 7 in order to win their line bet. Of course unless the shooter is hot, odds say that a 7 will be rolled first and the house takes all losing bets. So:
1. Walk up to a table, get your chips (I recommend minimum 1000 dollars at a 10 dollar table as there will be drifts in your bankroll, 1500 preferred.).
2. Wait until a new shooter gets the dice. Then wait until they establish their point number. That is you will not be doing anything yet until the point number gets established. If they are coming out (new roll with no point established yet) they can roll 7, 11. 2, 3, etc and you will just be sitting there waiting doing nothing. Until a point number is thrown (established): 4,5,6,8,9,10.
3. Once they establish thier point, you start counting. The point number they just threw? That was "One". Now seeing the point is already established no matter what they throw 9, 3, 2, 6, 11, 10 etc is going to be "Two". (unless its a 7 out in which case we have to start this all over again with a new shooter). Now before their next throw, the throw that you would count "Three", you are going to do this:
Place 10 dollars on the 'Any 7'. (in the picture above, its two 5 dollar chips).
If it wins, good, take your money and then start the whole thing over with the next new shooter that gets the dice passed to them. If it loses, seeing that is a one roll proposition bet, the dealer will take it. Now you are on roll number "Four". If Replace the bet including +1 dollar, So now you will have 11 dollars in the Any Seven box. If it wins (meaning the shooter just rolled a 7 for a 7 out) great, take the money and start over with the next shooter that the dice gets passed to. If the shooter does not throw a 7 you stop betting. You have just bet on "Three" and "Four" by placing a bet on the 'Any Seven' and lost both times. Now you wait not betting for two things:
1. The shooter to eventually 7 out no matter how long/many rolls it takes
2. The shooter makes two points in a roll (the shooter has the passbet line pay off twice making two point numbers in a row that the puck was on).
If the shooter that you are now waiting on makes two point numbers while shooting (the table gets the line paid twice) you now do this:
Seeing that the same shooter just made his/her second point, they still keep the dice and they are coming out again. You place a bet on the passline, the amount whatever the amount currently is on your any 7 bets. Remember the above where you lost the first 10 dollar bet "Three" and now the second bet, or "Four" that you put +1 on your original bet of 10 dollars? This is a running total. Every time you lose a "three" it is +1 dollar on the "Four" bet. If you lose that "Four" bet you remember the total that you had on that "Four" bet and the next time you are up for Any Seven bets you add +1 onto the next "Three" bet.
So to simplify the above paragraph, the any 7 is a running count. Every time you lose an Any Seven bet, the next bet is +1 dollar. You start with 10 bucks and you might get up into the 30's., 40's or 50 dollar range. Or more.
So back to previous. When a shooter gets the dice and you lose both your Any Seven bets on "Three" of the count and "Four" of the count you sit out and wait. If that same shooter makes two point numbers while shooting before he lets the dice go to the next person, You then bet the amount (you are currently at via the running count on the Any Seven) on the pass line. So lets say your running count is 43 on the Any Sevens, and the shooter just made two points in a row. You then put 43 on the passline WITHOUT COUNTING right on his comeout roll. No need to wait until he makes a point now this time. You put it down on the pass line for his comeout roll. If he throws a 7 or 11, you win on the passline and take your 43 dollars that the dealer slides over to you and put it on your chip rack, leaving your original bet of 43 on the passline. If the shooter throws a 2,3,or 12, you will have to replace your bet of 43 dollars on the passline.
Once the shooter comes out and establishes a point, you will now have a 43 dollar bet (your current bet level from your Any Seven bet) on the passline, and now you make a 43 dollar bet on the come. once that come bet is slid over to a point number, you now have two numbers working. Take all the winnings and keep putting them on your rack. If your come bet number comes down because the shooter hits it, put that same bet amount back up on the come. If the shooter hits his point number and the passline gets paid which means you get 43 dollars from your passline bet, take the money and leave 43 dollars on the passline. If on the new comeout roll the shooter rolls a 7, you'll get paid on the passline but lose your comebet. As soon as the shooter makes his point, put another come bet back up so you always have two points working until the shooter 7s out.
That was the particulars. To simplify it,
- Do a 5 count on a new shooter. Wait until he hits a point number on the come out. As soon as he hits a point number and the puck slides over, that's "One" any thing else he throws besides a 7 out is "Two". On "Three" and "Four" count, you have a bet on the 'Any Seven' of 10 dollars. If no seven out on three and four, you stand there and do nothing until the next shooter OR if he makes two points in a row go to number three below.
- Every bet you lose on Any Seven you put +1 dollar on the next bet. If you lose "Three" its 11 dollars on "Four". If you lose that too, the next time you 5 count a new shooter and once again get to "Three" you are going to put 12 dollars down. Its a running +1 increase after each loss.
- Every time a shooter makes two points in a row (has to be in a row or else its a 7 out and the dice goes to the next shooter) you then put a bet on the passline and after a point is established, one also on the come so you now have two points working (dont use odds)
- The amount that you use for these two bets from number 3 above is whatever number you are currently at with your running number total from above number 2 with the Any Seven play. If you are currently at 32 on the Any Sevens this is the number that you will bet on with the passline/come bet
So it really comes down to this: You are betting on the three and four of a shooters roll betting that he will 7 out, kind of like a reverse 5 count. With the shooters that get hot and make two points in a row, you suddenly start betting on them.
Oh, and to fight standard deviation, as in to stop your bankroll from swinging around too much, everytime you hit +50 or +75 dollars over what you walked in with, simply reset the whole thing to 10 dollars again. (on the any 7 and the line/come bet running total).
I would suggest you practice this on the wizardofodds.com free site (play for free) before heading off to a real casino. And never play craps online with real money. A lot of these casinos online are based out of the country and are not regulated. How do you know that the computer code hasnt been written to give the casino a bigger edge than a normal physical pair of dice? You don't. Whenever real money starts happening with online casinos/cards/sports betting scams start happening that fleece the average person.
I remember there were a few ex-programmers who left Ultimate Bet a former poker US poker site when online poker was the rage from 2007-2009 and PokerStars, UB, Party Poker were making Billions of dollars. A few of these ex programmers from UB set up in an offshore island with some servers and with the passcodes they still had active from when they were programmers (I dont know why they were still active) they got in real money card games and logged in as Administrators so they could SEE EVERYONES CARDS IN THE ONLINE POKER ROOM in Ultimate Bet.com. Then as administrors they played using real money and stole millions of dollars and funneled the money to offshore accounts. I dont think they were even prosecuted.
You may have been watching TV for the last few months and have seen all these fantasy sports sites like Fanduel and DraftKings talking about how they award millions per week. Easy money, right? Check this article:
A class action lawsuit was filed in federal court in Manhattan on Thursday accusing DraftKings and FanDuel of negligence, fraud and false advertising.
The case was brought by Adam Johnson of Kentucky, who says he deposited $100 into a DraftKings account.
The suit claims that daily fantasy games put forth by the two companies are misrepresented as fair. That case is made mainly through the recently revealed policies of the two companies that allowed employees to enter contests on the other's site for cash prizes, along with the rest of the population.
"DraftKings performs analytics to determine winning strategies, return on investment of certain strategies and even how lineups on FanDuel would do if they were entered into DraftKings contests," the suit alleges.
With these strategies potentially available to some employees, those employees could have a potential advantage by playing on a competitor's site.
FanDuel spokesperson Justine Sacco told ESPN.com earlier in the week that DraftKings employees have won 0.3 percent of the money FanDuel has awarded in its entire history. With a ballpark figure of $2 billion awarded so far, that's around $6 million. It is not known how much those DraftKings employees spent on entry fees.
DraftKings co-founder Paul Liberman said at a conference last month at Babson College that some of the company's employees made more off other fantasy sites than their salaries at DraftKings.
Representatives from both DraftKings and FanDuel said their companies would have no comment on the litigation.
The suit names DraftKings and FanDuel as defendants. The suggested class is specified as only people who put money in a DraftKings account before Oct. 6 and competed in a contest where employees of other daily fantasy companies participated.
Both sites said this week they would permanently ban the practice of employees competing on the competitor's site, or any other daily fantasy site.
This came after a DraftKings employee's posting of player roster percentages and his subsequent $350,000 take in a FanDuel contest raised questions about inside information.
One prevailing thought is that if a person had access to how many people selected certain players on rosters before those rosters were locked, they would have an edge. This is because top prizes are often won by individuals with a player who appears on fewer rosters but comes through with a big game.
DraftKings said its own investigation of that employee, Ethan Haskell, found that Haskell didn't have access to advantageous information before he entered his lineup on FanDuel that week.
While there is concern from the public, thus far neither company has said it has found any employee who had access to information that specifically provided him or her an advantage in a contest.
Both FanDuel and DraftKings also announced this week the hiring of third-party consultants to look into potential impropriety and review practices within the companies.
It just goes to show you that when you think you see a road to easy money and there is a huge media swell advertising this, remember to take it with a very big grain of salt. My way above is a grind. But its a grind that works. DraftKings, Cards (now illegal) and real estate? Anything with an easy barrier of entry is very difficult to get to the top of the heap and make good money. If you join a real estate office like Caldwell Banker or Century 21 on the office tour you will see that one guy or gal that is the office real estate star. They have all the glass awards and trophies, triple black diamond seller, they make 1.6 million dollars a year, take all the trips and are wired and networked with customers. Everyone else in that office makes 30 to 60 grand a year. Its that same way in auto dealerships and anywhere else there is an easy barrier for entry. Any auto dealer will hire you as a salesman as long as you look put together and are wearing a nice suit. But they will only keep the producers. Most people wont make it in auto sales or real estate. Or in Professional Poker or DraftKings. They have a very exclusive small top of the pyramid and everyone else going for the free big money just arent going to get it.
The path to big money? Dont take the route that everyone else tries to take. The well beaten path doesnt work. You have to have something that no one else has to offer and take the solo road. Create a new type of business or product. Find a niche that isnt being serviced and service the hell out of it. Find a new way. Steve Jobs? invented personal computing in his garage. Bill gates? Invented the operating system for those personal computers. Get there first, discover something big, walk the lonely path for something that the world needs. Put your thinking cap on.
Tradinginsider
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