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I started advantage gambling when the internet casino craze took off and fell in with a bunch of people that had been longtime advantage players in casinos, in
by llamataboot 8y ago
I started advantage gambling when the internet casino craze took off and fell in with a bunch of people that had been longtime advantage players in casinos, in arcades, basically anywhere there was to crank out an edge in expected value.
It was really interesting and I was actually able to build up a bankroll that I learned to play poker with, and then played poker to put myself through graduate school. (Poker is always plus EV if you are at the right table for the right amount of time)
But, wow, was there ever a lot of grinding. People putting in 24+ hour long sessions playing video poker during specials, people counting cards for hours to push small edges with an amount of variance that would kill the average person's emotions, etc.
Internet casinos changed the game a little bit because the really serious people went towards automating play and establishing many fake identities to claim new player bonuses with, my first exposure to people running many computers through multiple VPNs, etc which to me started to push the line away from advantage play and towards criminal activity.
But, often times the online casinos were just as shady. More than once a fabulous bonus was offered, the casino stayed open for a few weeks, and then magically while they were "processing withdrawals" they just disappeared off the face of the earth.
As they said, "A hard way to make an easy living"
- Waterluvian 8y agoI can't imagine playing with such a slight advantage that like 20 minute of bad luck nullifies it. I need my endeavors to pay off consistently, even if the payoff is practice or learning new things.
- llamataboot 8y agoAnd other times 20 minutes of good luck gives you a windfall far beyond your advantage. The key is playing often enough and long enough and with a large enough bankroll that the long run is what makes you, but that's easier said than done for some people.