Now, while I wait for slingshot's answer to my above inquiry, I will try once again.
Gambling game of chance offered by casinos are negative expectation. PERIOD. There is some sort of house advantage built into every game, unless some sort of mistake has occurred with the many new games (mostly table games). Occasionally somebody screws up and there is a way to beat a new game, but it doesn't last long. So let's go back to there is a house advantage on every game, making every game -EV, that is negative expectation off the top.
Now since the dawn of gambling, people have been trying to figure out how to overcome negative expectation with a betting system, Including some of the greatest math minds of the times. It can't be done. There is no betting system that can overcome negative expectation in the long run. Short run sure. Play 100 spins on Roulette betting black. You may get lucky and have 55, maybe 60 blacks hit and walk away a short term winning. But bet black on 100 spins everyday for a year (longterm) and you are guaranteed to lose. I am going to say this again, because this is the biggie: There is no betting system that can overcome negative expectation in the long run. This is proven fact. If you can't or won't accept this, then you are just a guy who still believes the earth is flat.
Now, you and Rob give some examples of how Rob could have won. He happened to get lucky and hit more than his share of highend Royals. Well that is not a winning system. That is a gambler getting lucky. That occurs every day in every casinos. And here is the important line of this discussion. If a player is going to get lucky (short-term) then he is going to get lucky. The betting system didn't do a damn thing. If a player is going to get lucky and hit more than his share of Royals in a short time, he will be ahead, flat betting. That is just luck, or the proper term, variance. This happens everyday....short term. But these results CAN NOT hold up into the longterm, and years, 4 or 10, even only playing once a week, qualifies as longterm. You simply cannot defy the odds and math like that over a longer period of time.
To be a longterm winning player, a player needs something that turns the initial negative expectation in his favor, resulting in more that 100% return. Then it is just a matter of getting in a lot of play, to get to the long-term and away from short term, where there variance swings can occur. There are many ways to turn a negative game off the top, in to a +EV game. I mostly use card counting, but I have used other methods as well like holecarding, disproportionate mailers on VP, clocking the big six wheel, matchplays and free bets and other promo offers. For the past few months I have been doing something totally new (for me), that I am not yet ready to discuss. These are a many things that can turn -EV into +EV, but betting system isn't one of them. The really smart and advance guys, like Grosjean and Munchkin, and many others, do things, I can't even comprehend. But there has to be something that turns the game from -EV to +EV. And then you just play lots of trials to get to the long run.
But anybody telling you of any 'betting system' that overcomes -EV is living in a fantasy world and they are pulling your leg.
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