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Originally Posted by Tipsy
IThe biggest problem is one of time. The simulator (providing I've made no mistakes) shows a profit BUT to keep within table limits bets have to be $1 and $1 bets make for a LOT os spins to win anything worthwhile.
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Sitting through 100 spins is alot of time at the table. With any betting strategy, you will ultimately lose.
Statistics only make sense over a long period of time, during the short term, stats are not reliable.. look at any roulette table results board.. the reds and blacks don't show up 50/50 there could be streaks of 15 reds in a row.. but in the long run after 100 spins, it starts to even out.
You can only win at gambling in the short run.. so the higher you bet in the short run, assuming you are on the lucky streak, the more you can make.
Above all, knowing when to fold is the key.
Fight the Gamblers Anonymous!