Smuggler Archive

Thread: Gambling 101-Jubilee Wheel

DeijhaVhu
Tue Oct 11, 2005 4:07 pm
#14

I know, no where was I suggesting you said to afk it. I wasn't afk, I was actually watching to see what happened...I considered it an experiment. If I had been doing it for money I'd have dumped the macro the second I was down. But hey, I had the money to waste and figured I might was well see what happened, it's only money. But now I can say I proved that you can'treally get rich playing the tables all day, if you are lucky you might get up a few hundred k.


If I were to gamble on a regular basis I'd probalby just place on maybe 50% of the numbers and run it once, if I won great, if not..well that's why we got cantina's and twilek's.



Raythos Fierknott
Raythos Starships Inc.
828 -5204 Corellia, Bloodfin

vtg
Wed Oct 12, 2005 1:01 am
#15

why not increase your odds a bit further and go for the higher percentage with the lower payout.


you bet on 32 #'s for a 50k payout. or a 320k loss.


if you have that much money to blow and experiment for a while, why not bet on 36 of the 38 numbers for a 10k payout?


36/38 = 94.7% chance to win.


10k every 2 to 3 minutes isn't that bad. of course it will take you far more wins to be playing on house money, but if you want to afk it and have the cred's to blow. this would make a lot more sense.


Ultron69
Wed Oct 12, 2005 4:36 am
#16






vtg wrote:

why not increase your odds a bit further and go for the higher percentage with the lower payout.


you bet on 32 #'s for a 50k payout. or a 320k loss.


if you have that much money to blow and experiment for a while, why not bet on 36 of the 38 numbers for a 10k payout?


36/38 = 94.7% chance to win.


10k every 2 to 3 minutes isn't that bad. of course it will take you far more wins to be playing on house money, but if you want to afk it and have the cred's to blow. this would make a lot more sense.






This does not make more sense you would be takeing more risk for less money instead of winning 6.4 times to be playing on house money you would have to spin the wheel 36 times and win to be playing on house money.5.3 chance to lose x 36 spins will make you a loser.There is no real system to the Jubilee wheel that will allow you AFK to riches,My system just narrows the margine of lose with a decent payout in less amount of spins.You should always be willing to lose what you wager or just have the Kahonas to lay it all on the line for the chance at makeing some credits.But you need to know when to quit or else your greed gets the best of you and you will become a loser.The longer you gamble the more chance of losing you have,thats why there are no clocks in casinos,and they give you free drinks and dinners and comp youhotel rooms and tickets to shows if you are winning.They don't want you to leave the longer you stay the better odds of you gambling and losing money are for them.

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