Anybody here ever make money gambling?

[drssg]

^^^
You should have used my system. You would have made some money before you lost everything! :laughing:

 

[Industrial Toys]

That was the "plan" to get out of there with half my "real" money. Probably a good lesson though, in case my brain got any stupid ideas about making "easy" money.

Terrible thing when people have that addiction.

 

[RalphVa]

My wife has. She just quits and saves it. My boss did win enough to pay for his trip and stay. He stopped and saved it. Stopping is the trick. You keep playing (both these were just the slot machines), you'll lose it all.

Ralph

 

[MossRoad]

I shouldn't do this, but I'll give y'all my secret formula for winning at roulette. I made it up, but other people probably made it up before me. It goes as follows:

- Put your money on black for every play.
- Start with a $2 bet.
- Every time you lose, double your previous bet.
- Every time you win, revert back to a $2 bet.

The net effect of this process is that every time you win you'll have $2 more than the last time you won. Since the odds of winning are slightly less than 50%, you'll average about $1 in winnings per play. (Check the math, it works!)

The flaw in the "system" is that you'll eventually encounter a long string of loses in a row. The amount that you have to bet during these strings goes up exponentially, and it quickly exceeds the amount of money that normal people are willing to risk. Even if you have tons of money, the table will have a maximum bet that is allowed.

And if the house wins, you really have to pony up to cover your loss.

 

[CobyRupert]

And if the house wins, you really have to pony up to cover your loss.

In the long run the house always wins....otherwise there'd be no house!

 

[PILOON]

Went to a convention in Las Vegas with a friend.
He wins $500 in a slot and then loses most trying other 'games' so goes back to his 'lucky slot' and wins another $500. and naturally down that goes.
Well it was a 3 day convention.
He gambled on and off all 3 days and believe it or not kept winning at that same slot every time he hit it. (well after many tries as all in all he spent many hours at it but the slot sure kept him busy) LOL, hard work!
The last night he won some 4 or 5 times and I was actting as his cashier as he refused to leave the machine.
I never counted his total take but it was a lot.
Naturally when we left he had left all his winnings behind but had a barrel of fun.

 

[PILOON]

Trump did!
He gambled on a Casino, lost and won a lifetime of tax deductions.

 

[drssg]

And if the house wins, you really have to pony up to cover your loss.

That's for sure. One major loss will more than make up for a bunch of minor wins.

 

[fried1765]

In the long run the house always wins....otherwise there'd be no house!

I took a long term gamble once......yup.....lost my house,.... plus 1/2 of everything else!
That was after 34 years, and occurred 22 years ago,.....learned my lesson.
Never gambled like that again!

Too late in life, I discovered that milk is so cheap, there is no need to buy the cow!

 

[bunyip]

I played at that casino and lost too, went again but paid off this time, got it all back with some extra.