Thanks. I just re-read some of the chapter and understand. Your answer here is geared more towards who NOT to trust rather than the reason why you are to be trusted, but I understand we both follow the same math approach. From my experience, that hasn't been good to me so far, and I know I'm but one small spot on the graph. Although I'm fairly new to all this and don't know too many names or what they subscribe to yet, I haven't seen anyone on the internet who sells any of the 'charlatan' systems you identified. The one I did see that encompasses #4,5,6,&7 below seems to go far deeper than the generalized descriptions you show, and there's a claim of great success that goes with it. How do I know who or what to believe in this game? Oh well, I'll probably never be good at any approach anyway enough to make good profit, so I'll just keep doing what I've been doing and have fun doing it! Thank you for the info in your books.
Glen
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Jean Scott <QueenofComps@frugalgambler.biz> wrote:
It is confusing, especially for the beginning or inexperienced gambler, to know what resources are trustworthy. There is a lot of bad advice out
there. Since you say you have both my books, you might want to read again the section "Can a System Help Me Win?," beginning on page 34 in "More Frugal Gambling."
Here are some of the main points I cover in spotting a charlatan system:
1. It's easy
2. It's a secret
3. You win every time you play
4. It's a money-management system that promises you can beat a negative-expectation game
5. It's a progressive betting system based on raising your bets after a loss
6. It has quit-and-start-again requirements that ignore proven math theories about the long term
7. It advocates changing your machine or sizing or placing your bets only at specific times, ignoring math principles.
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