"Oh so here we go again with another boring thread!? SO, what are these mysterious 'other factors' anyway??"
Well, I am glad you asked!
1) Profit Freezing -- Preserving the profit/overall balance gains against the more probable counter-swing that may take place in the current statistical environment.
Ok, so there may only be one other factor but hey, cut me a break will ya!?
Oh and you may change your votes at any time.
Seriously though, I am trying to think of everything here, all possible factors that could apply to our advantage...
If we have a simple bet selection that contains one element (1 Dozen, 1 EC) then the statistical picture is much simpler after a hit.
If our bet selection is complex (i.e. containing multiple elements) then the statistical picture is more rich and varied.
I think its possible to have a complex bet selection where the odds of obtaining a hit will always be worse when we start a session over. In that case, we are "trading-in" profit freezing (protection against counter swings) for a "grab bag" of an uncertain future statistical environment that could be better or worse than the one we had when we restarted.
There seems to be this "vague & difficult to see" complex ratio between:
1) The profit gained/debt reduction
2) The chances of encountering a counter-swing and its implication on future sessions
3) The improved chances of simply gaining profit in a new session with a new target amount that is reduced by the profit gained/debt reduction
Regarding this difficult to quantify 3-dimensional ratio, I am using a "set" profit goal which is one-half the loss amount of the base progression to automatically end the session, regardless of the statistics. I employ this while each session will bring me to a new all0-time high; i.e. no existing debt to pay off.
When I am facing debt, I make the profit goal AT LEAST 1/2 the size so as to be statistically easier to achieve.
I think the principle I am attempting to use here is:
"Profit in the hand
, is worth even more than additional profit expected
in the future"
I simply do not know exactly how this interrelates statistically with the complex ratio but it seems to be working for me?
A powerful question is:
"Why actually start a new session? Why not use the same session in some way? Can't we get better odds from the same session rather than risk hitting a worse statistical environment in a new session? Why not just reduce the bet amounts and set a new target goal in the same session?
Ok, that's more than a single question... >.<Name all the things that change when a session is re-started
1) The profit that has been gained (or amount of debt reduced) in that session is now placed in a category called "new high balance" or "latest debt reduction balance"
2) All of the "forces governing randomness" that contribute to a counter swing no longer apply in exactly the same way
3) My bet selection is reset to its default starting point4) The past spins disappear*
4A) A fresh set of statistics is applied
... must take a break continuing this list, trust me... :/*This only applies to online play but begs a new question: What if a B & M roulette wheel is closed down and the electric board unplugged?
What is the difference between an actual statistical environment and a potential statistical environment?
Is it possible that there is a greater chance for a potential statistical environment to be better than a current statistical environment? AND/OR Is it possible that there is a greater chance for a current statistical environment to be better than a potential statistical environment?
CURRENT ENVIRONMENT>POTENTIAL ENVIRONMENT = stay in session
POTENTIAL ENVIRONMENT>CURRENT ENVIRONMENT = begin new session
Reduce a current statistical environment to its "lowest common denominator"
and then compare with the statistics of a potential statistical environment.
Playing roulette is like reading a story book. We follow the logical thought of the story and we make logically based assumptions about how the plot will turn out on the next pages; isn't it OBVIOUS sometimes where the plot is going? And aren't some of the best stories, the ones where things go amazingly differently than expected?