Author Topic: Midas Method Experience  (Read 3976 times)

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Iceman

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Midas Method Experience
« on: February 07, 2014, 08:53:51 PM »
I have only been playing roulette for about 5 years now.  I have studied the Midas Method Extensively, in its truest form and many variations others have thought of and some of my own, in the quest to make it the Holy Grail.  Don’t get me wrong I still have lost.  Sometimes because I was betting the wrong amounts other times because low probability events happen.  Other times I have bet the wrong amount and won, only to go back and test to find out if I hadn’t made a mistake I would have lost.  The universe is funny that way.  The table before I Told the dealer he paid me and shouldn’t have.  The dealer thanked me and told the pit boss.  The guy next to me proceeded to quietly ask me, “Why would you do that?”  I looked at him, smiled, and said “Karma, sir, Karma.” 

I would like to share a single experience I have had with it playing in the brick and mortar casinos.  Playing a single 4 number sequence until it completes at the same table will get you into more trouble than its worth.  After about 30 spins if I haven’t completed it, I move to the next table.  Why is this? You could have come into the table when it’s just against you.  Going to the next table you could be on your ride up.  I have completed more 4 number sequences jumping from table to table than staying at one. Testing this against Spielbank Wiesbaden Numbers posted on their website but also in B&M where I prefer to test. To say that each table is the same, is completely wrong.  The dealer, the wheel, the temperature, the humidity, the vibe, karma, and many more I believe all play a role in roulette.  Just observing an event changes it, but that’s a conversation for a different day.  I’m not saying that you can’t come back to the table after you have left, wait at least 30 spins.  Don’t confuse waiting with time.  You could wait an hour and only 15 spins have gone by if it’s a slow dealer.  I personally don’t go back to the table until the next day.  That is just my experience. After re-reading my post I still haven’t explained myself the way I wanted but it’s the best I can do for now.  If anyone can add to my thoughts or explain what I’m trying to say better, please DO!

People out there testing the Midas Method, try that, and you should see an increase in completed sequences and decrease in failed sequences.  Failed sequences are in my opinion a relative term.  You could fail when the bet reaches your limit, table limit comes into play, stop loss occurs and many more.


 

dobbelsteen

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Re: Midas Method Experience
« Reply #1 on: February 08, 2014, 10:47:52 AM »
The knowledge of randomrows is the basis of strategies. The advantage of a player is, the croupier has to spin and the player may play.Loss and profit sesions follows eachother.

With every strategy , you can start a gaming session after a loss event. A whole play session is built up with small sessions.

A session of special  events is not random.

I have never heard of the Midas Method. I shall look on inthernet.

 

dobbelsteen

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Re: Midas Method Experience
« Reply #2 on: February 09, 2014, 01:39:16 PM »
I found a description on Vls of years ago.There were no positive comments. It is a system like Labouchere.
The feature of a system is, the starting point is random and a system has no finish. Every system has loss and profit streaks. The result of a session is not predictable. The expectation is a result between
-3.5% and -1 %
 

kav

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Re: Midas Method Experience
« Reply #3 on: February 09, 2014, 10:32:32 PM »
Hi,

Thanks for keeping the discussion going on.
Attached you can find the original pdf describing the Winner's edge Midas method.
 

Jake007

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Re: Midas Method Experience
« Reply #4 on: April 23, 2014, 05:51:25 PM »
I will give this a try later today and let you know my findings. Very interesting, thanks!
 

Jake007

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Re: Midas Method Experience
« Reply #5 on: April 23, 2014, 06:29:16 PM »
This system is no good. I ran 2,1,1,1 a few times already and end up going for long stretches. Th effort involved is not worth $5 or $50 or whatever your goal is. A basic Labby system of 1,1,1,1,1 works fine and is much quicker. Even a Johnson version would be better than Midas Method.
 

Jake007

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Re: Midas Method Experience
« Reply #6 on: April 23, 2014, 09:05:15 PM »
Iceman, my mistake. I did not follow your rules of walking away after 30 spins. You will be down some money, correct? And you just walk away?

In general I really like any of the Labby style systems because I have a value I am aiming for. I know I will be UP that amount when it plays out.

I like lower bets such as 1,1,1,1,1 and running it 10 times, Im up $50 on the day. For me it feels safer compared to say a 10,10,10,10,10 setup. Way less money on the line with 1's.