Not once did I say that this was some sort of unbeatable strategy or one that should be used religiously lol, if you guys read the document you would see its explaining how there is instances where this is a huge part of the game. Where numbers can hit back to back and yield very high results.
Anyone claiming they can beat the casino with games that have a house edge should be considered unreliable.
If you look at the statistics, games like Limbo and Dice have a built-in house edge of around 1%, meaning that for every $100 wagered, you will lose an average of $1.
You can profit in the short run if variance is in your favor, and certain strategies may help you take advantage of this. However, a few consecutive losses can quickly deplete your entire balance, and in the long run, the house edge ensures that variance will work against you.
Stating the obvious here^ you obviously did not read anything in the post.
I did read the image but I couldn't find anything what gives u a edge over a normal betting since there is none.
You mentioned a strategy with an 8.14x multiplier and a 271% increase on each win, aiming for 3-6 consecutive hits with a solid stop-on-win rule. The fact that you specify a range of 3-6 consecutive hits before stopping indicates a lack of consistency in the strategy, suggesting that decisions are based more on intuition and luck rather than a structured approach.
But allright, lets say you stop on 4 times consecutive hits and increase your bet by 271% on each win.
Win 1:Bet size: 0,10$ * 8,14 = 0,814$
Win 2:Bet size: 0,10$ * 3,71 = 0,371$
0,371$ * 8,14 = 3,02$
Win 3:Bet size 0,371$ * 3,71 = 1,38$
1,38$ * 8,14 = 5,12$
Win 4:Bet size 1,38$ * 3,71 = 5,12$
5,12$ * 8,14 = 41,71$
This means that if you start with €0.10, you could make a profit of around €35 after 4 consecutive wins, assuming it happens on the first try. But let's break this down further. Since the chance of hitting 4 wins in a row is about 1 in 4,386 attempts, there will be multiple possible outcomes over these 4,386 attempts. Let me summarize them for you
Losing instant : 4,386 * 87,71%= 3847 times
Single win : 4,386 * 12,29% = 539 times
Double win : 4,386 * 1,51% = 66 times
Triple win : 4,386 * 0,18% = 8 times
Quadruple win : 4,386 * 0,02% = 1 time.
Expected losses and winnings.Loss before 1st win = 3847 times * 0,10$ =
384,70$Win on 1st attempt = 0,10$ * 7,14 * 539 times =
384,85$ Loss after 1st win(losing on 2nd bet) = 473 times * 0,371$ =
175,48$Win after 1st win (winning on 2nd bet) = 0,371$ * 7,14 * 66 times =
174,83$Loss after 2nd win (losing on 3rd bet) = 58 times * 1,376$ =
79,81$Win after 2nd win(winning on 3rd bet) = 1,376$ * 7,14 * 8 times =
78,60$I can continue this and everytime the expect loss will be higher than the winnings
Some rounding differences, but you get the point. Additionally, I haven’t factored in the house edge, which would decrease the chances of hitting 4 wins in a row. So, the numbers I’ve stated are actually more positive than the reality. However, one factor I haven't taken into account is cashbacks/rakebacks, which can increase your EV. But in no scenario is a casino game truly beatable