ok can someone pick this pathetic system apart, if you can even call it a system.
One of my mates think you can beat the house at the casino in Baccarat whereby you keep doubling up your losses until the pendulum swings your way and you win a hand.
Basically.... the banker (house) charges you 5% for everytime you double-up.
- You bet $100
- You lose, so you have the option to lose the $100 or lose nothing and double it to $200.... you keep doubling until eventually you win.!!! yipee!
give me something smart to say so i can go tell my mate he's got rocks in his head I did tell him if you were to do this with stocks you'll be called stupid!!, the probablility of him winning a hand is so random that he can go for 10 games without a win!! , the drawdown on his account or should i say chips will be ridiculous!