-Gambling-v.1.06

This is the third or fourth time I have been to Genting Highland, the "drain money, welcome to throw your fuckin money" city of entertainment. that's how they silently call it.. hahaha..

It's about 60++kilometer away from KLcity which will take about an hour++ on average to reach. Genting is well known as probably the biggest Casino in South East Asia and if not the only legal one...Oh yes, Malaysia is a moeslim country, so it would at least prove you that they are very open minded indeed. The government "kerajaan" does forbid their moeslim fella to ever enter the casino, but it is very much depend on the individual being themselves.
Ok, back to the Casino, Temporaily yes they're still the biggest, but not for long. Spore government have already launched 2 Massive MEGA project to build 2 casinos one of them is "Marina Bay project"(announced the winner,will open by 2009) and the other one is if not mistaken is in Sentosa island (Genting is favourite to win this one which will be decided in a few month time)... So, malaysia gotta be prepared, also recent news, that in johor baru they will build a Disney land??? haha3x,well not to underestimate,but i wont bet on that one....at least not in a near forseeable future..

Anyway,...that's not the purpose of today's topic
Well, I have this idea, after reading a book halfway, "Against the God" which is like a history of how humans come to approach risk up until this day from ancient time. Indeed, very interesting and boring book at the same time....
ha3x, well, let me describe it to you first, maybe you'll be interested to make some money in a casino also by laboring yourself, in terms of time and capital whether for the sake of the money or, like me, for the sake of the fun since i can afford to fund my stupid project to quench the thirst of my stupid curiosity.. ha3x
Well, lets assume that you have an unlimited amount of capital and time to sit and gamble in the casino. This method can be applied to many games, but i'm interested particularly on the 3-dice-throwing game.
Well, in every most game and dice throwing in particular there is a game called "Big/Small", in which 1 pay 1 if you guess which is right. if the sum of the 3-dice is 4-10 is small, and if the sum is 11-17 its big. Have a think about it, make sure you understand that as its very simple.
After a few visit, i realised that i have never seen or almost hardly every seen that a "BIG" or "SMALL" comes out in more than 5 consecutive time. Mostly its 2 or 3. Some people or let me say most people write down the "statistic"of the historical data of the outcome and then "hoping" that somehow the dice is controlled by computer in hope they can make a "smart" guess on what might coming out next. Lets not dismiss them but i'll ignore them for a mean while.
Assumption,
1. "in BIG/SMALL dice game, both the host and player have 50/50 chance of winning"
2. "The Chance of the BIG/Small comes out more than 5consecutive times" is zero or approaching 0;

Thats, our basic assumption although if you are smart enough you can spot out what is the defect of the assumption, however it is enough to carry out an experiment for me.
The lowest bet is 5 ringgit, and highest is 5000. Then there is what we call Time Vs Capital
To reduce the amount of capital risked, i am looking to only win $5 or minimum exposure per run. I will start putting $5, if i lose i will put $10, if i lose again, i will put $20, again $40 then again $80 and again $165 and so on and so forth, in which that "everytime i lose, i will put a sum of what i've lost + $5" so,as long as I have the capital, and time, there will come a time when i win and "ONCE I WIN,I WILL REAP BACK MY CAPITAL PLUS $5 WINNING"
however this thing can go on and on forever, although in general, practically the same outcome might only comes out 5consecutive times....
Realizing that, i have more Time than my Capital that i'm willing to risk, and also that i assume in most cases there might only be 5 consecutive outcome in one run, i decide that i'll only start putting my bet if there is a 2 consecutive outcome . What i mean, is if "BIG, BIG or SMALL,SMALL" has comes out, i will put the bet on its opposite outcome. So, if first Big, second Big, then i'll put my initial $5 on the Small, and stay on Small until small comes out....so I will only be risking 3X if the 5consecutive-outcome-possibility outcome is true.
Here, i have to patiently wait for 2consecutive outcome to turn out before i can start putting bet, so at capital point of view, i've advantage but not at Time point of view.
OK, FINISH WITH THE THEORY BLA BLA BLA, I WAS READY TO PULL OUT MY $100 BUCKS TO ENJOY AND LAUGH OUT LOUD ABOUT ON MY STUPID EXPERIMENT TO MAKE FUN OF MY CURIOSITY
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