There are more than a few people who are still wondering whether online casinos are rigged or not. These people may have been in serious search of answers to their doubts, and were hoping to find some inside information to help them make a good choice in casinos, but unfortunately they may have found some truth to theiriences.
It is hard to believe that in today’s internet the ability to rig online casinos, or at least change the odds without people noticing, but the days of casinos being fixed is actually a fact. Some casinos will post certain odds to make a certain game more favorable to the house, the player, or someone making a run for the money.
Overall the systems used today are so elaborate and sophisticated that they are not really fixed odds at all. They are combinations of mathematics and Statistics, often using probability, and statistical distributions to make sure that every possible outcome and bet carries a certain odds percentage.
The truth is that in the long run the house will win. The Mortensen Letdown, looked at the long term; the probability of an event over the long run, and then used a very clever twist to turn the house edge in his favor.
While this may not be possible in the short term, a smart casino can still win the bets of the players and win the money from the casinos. When I say they can, I mean that over time, they have the money to support that kind of incredible structure change, and have been doing just that to great success.
What I did was discover a simple algorithm, that allowed me to uncover patterns and ratios of 3, 4, 5, and even 10 hand card games that were favorable to the player. I then modified a bot to look for these ratios, and discovered that I could consistently win, and turn a profit.
Why is that so important you may ask? Because you can win at blackjack, not by the house edge, but because of something else entirely: the players edge. When I found out about this new edge, I started calling it the “Casino Gamblers Fallacy”, and I still do, but people these days are sniffing around my wares and calling me a “Cheap Poker Dealer”, which is really rather amusing.
Sometimes it dawns on me too that perhaps the only person who should be able to tell whether a game is rigged is the casino itself. I suppose with a building in Vegas that has lights and sound and twinkling lights and all the other things that are found in casinos, that they would have to be rigged somehow. But they are not. Could they put a computer to put lights on those twinkling lights? Maybe, but they would never be able to fix the problem. It is beyond the scope of most computers to be able to do that.
And with electronic outputs, if they could fix the problem they would be capable of changing the odds in favor of the normal human probability. But, they cannot. The combination of electronic controllers and receivers is so small that they do not even know what the odds are.
Sometimes a human being who has spent too much time trying to fix the problem and get the odds in his favor, and not moving with the evolution of the times, and who is suddenly realizing that the odds are always against him, and Cinderella is not his horse, can get a little depressed. Maybe he is a little mahjong-playing, self-Improvement driven, technical-thinking and “generally good” at figuring out how things work?
Some professionals say, looking for ways to improve your game is like going to a baseball game (regardless of how rich or poor the player is, when the multimillionaires are playing the game they are going to bet on a system). I don’t necessarily agree with this statement. I believe there are general indicators, trends and patterns which can be observed in almost any sport, and in almost any betting situation.
There are certain indicators that can be observed in almost any betting situation. For example, in the NFL home underdogs of +.5 or more are a rare occurrence. Oddsmakers spend a lot of time trying to create lines that will make the books happy, and they spend a lot of time doing this incorrectly. If you just keep looking for numeric underdogs of +.5 or more, you will find a lot of these situations and punish the downside handicappers.
The other reason I don’t like looking for these situations is that it makes the bettor an amateurish bettor, and defeats the purpose of taking advantage of the bookmakers handicap.
Secondly, the majority of these situations occur with underdogs of +.5 or more. Players are not supposed to avoid +150 games, but they are looking for games that are worth more than that. And some of those situations occur frequently.