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Sunset Cristo
01 Jul 18 22:43
Date Joined: 21 Jul 07
| Topic/replies: 6,744 | Blogger: Sunset Cristo's blog
I'm reading this book at the moment,any one know if its really a true story. Its about reverse labouchere and how it was used to make money betting in a French Casino. Any one think this would work,or why it doesn't work in practice?
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Pause Switch to Standard View Book. 13 against the bank.
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Report Charlie July 2, 2018 8:40 AM BST
I read this in the '80s. It's a fascinating, well-written book. I could answer your question or do you want to finish the book first?
Report Sunset Cristo July 2, 2018 10:00 AM BST
I should be finished by today anyway.
Report Sunset Cristo July 2, 2018 7:02 PM BST
I've finished reading it now,still can't see why people aren't using this staking system to win a lot of money if its for real.
Report Charlie July 2, 2018 7:11 PM BST
Sadly it doesn't work as no matter what system you use you can't beat the bank's edge. It was convincingly written and got me intrigued. I actually wrote a quite simple program to test it and unfortunately it just kept losing. If it was for real then casinos wouldn't have offered roulette.

This site is quite informative:

The book is worth a read though.
Report Charlie July 2, 2018 7:26 PM BST
If it makes any difference I've never ever played roulette for real.
Report freddiewilliams July 2, 2018 8:34 PM BST
Any free downloads
Report Sunset Cristo July 2, 2018 9:58 PM BST
thanks. link was interesting.
Report stewarty b July 3, 2018 11:08 AM BST
Similar to the martingale system imo.
Report Johnny The Guesser July 12, 2018 7:27 PM BST
Read the book many many years ago. A good read.

The theory is based on the mathematical fact that over a infinite number of spins of the wheel there must be periods where one side of the evens bets will dominate i.e. odd numbers over even numbers / red over black / high over low (or vice versa).

The idea of a team of 6 sitting down and playing all 6 evens bets at the same time sounds ludicrous but there is something in the apparent madness.

During those periods of "domination" stakes are increased on the dominant side and decreased on the losing side until eventually you hit the long streak and bust the bank.

Obviously for long periods the wheel is churning out a "normal" pattern of numbers and you are losing the casino edge waiting until the streak hits !!

Key point - in those days the difference between the minimum table bet was huge  - say 10p minimum bet with £10m maximum bet. (I don't have a copy of the book to refer back to)

You could afford to "sit and wait" when you are losing "pennies" when you have the potential to win millions if you are lucky enough to hit that streak.

Remember the mathematics dictate that streaks must occur over an infinite number of spins !! - providing you can afford to sit and play long enough to hit one. Plenty of streaks will start but lose steam and return to "normality".

Ever wondered why when you play on a  £5 min bet table , the maximum bet is say £500 , but on the £25 table it is £2500 ? Why isn't it £2500 on the £5 table ?

Why would the casino take a £1m evens bet on the high roller table but not on the minimum stakes table ?

Can't remember the tag line exactly  but it was something along the lines of -  "Take the most dangerous gambling system in the world (increasing stakes when losing) and make the bank play it !! "
Report Johnny The Guesser July 12, 2018 7:37 PM BST
You might also like  "The great casino heist" by Richard Marcus.
Report STUDYFORM July 15, 2018 12:49 PM BST
I saw quite a few groups of people trying this out during my years in casinos.
It takes loads of patience, loads of control, is incredibly boring, incredibly boring to play, deal or watch.
Without exception, all the people playing it were lacking in personality and boring.
After many hours and hours of play (usually daytimes when the casinos are quieter), all the participants - probably thinking we didn't know what they were doing (I don't know, perhaps the book warns that casinos frown upon "13 against the bank", as opposed to them actually laughing at it).

Most of all though, it doesn't work.
I never saw anyone win, and even those boring sods who persevered generally got bored and gave up, quite apart from the fact that they didn't win anyway.

The book was written, just like today's 'systems' for winning lotteries and casino games, to get money from people who believe it can be done.

There are far simpler staking systems, which also in the long run don't work, but do maximise wins and minimise losses. Just about all roulette systems rely on playing the even chances and after an hour or so you'll probably want to sleep rather than carry on.

Apart from a VERY few people and a lot of liars and some cheats, no-one wins at gambling in the long run.
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