I've started a NEW ( for me)betting strategy. The amount I bet depends upon
the previous roll. If I made money the previous roll, I increase my
bet(s),
If I lost money on the previous roll, I decrease my bets.
default: pass line, double odds, place 6,8 for $12. If I lose money, cut
the 6.8 to $6. If I loose again, nothing on 6,8,If I loose money third
time,I remove my odds, only pass line bet at risk.
Conversely, If I make money on a roll, I up my Odds ( if permitted), or
increase the place 6,8 to $18 , or $24, etc.
The premise is that while the dice are random, it is NOT a uniform
distibution. We all know there are "hot' and "cold" spells. Thus this
stategy (should) yeild smaller loses during cold spells, and more winning
during the "hot" streaks.
I've tried it 3 times, profit each time..... but 3 is insufficient to
be statisticly meaningfull.
The problem is defining a measure, a quantifiable number, for the "
hot/cold" streaks. and calculating wether this strategy has any advantage
over "flat amount" betting.


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