If Money Making Online was as easy as simply placing a few bets down on a set of numbers each day then everyone would be doing it........... It really is that simple. In my last post I discussed how the people who promote such programs prey on peoples sense of logic and probability to fool them into thinking these online money making scams can actually work. What I will cover in this post is how these program con artists are making money online pedaling such rubbish. Roulette systems are found all over the Internet, search engines list them, EBay even has sellers pushing these programs out for 99c buy it now. They appeal to the beginner because often beginners start by looking for free or really cheap programs to get started in their online money making venture. The potential victims are sent to a landing page by the scamers, outlining their program with links to the programmers casinos of choice.
THIS IS HOW THEY MAKE THEIR MONEY.
The "Casino's of choice" for the roulette scamers are the casinos they claim their systems work the best at.The truth is these casino's offer the best return on referrals and this is how they are making money online. By referring you through their links on their outline page they make money from you every time you deposit money into the casinos you join. CLEVER LITTLE SCUM BAGS AREN'T THEY. In a desperate attempt to make their programs appear legit you will often find they attach a "Do Not Play in between the hours of 2 and 3 PM" explaining that for some reason the casinos appear harder to play in this time slot. What a load of rubbish. The truth is that this is an "out" clause for them. If the scam artists do encounter a complaint from someone who inevitably looses money using their system this is the point of reference they always refer to. The explanation I received when I complained was exactly that. "Oh you must have been playing in between 2 and 3 pm". I asked them what difference it made playing in that hour block. I received a perplexing answer via email saying "We don't know why but in that hour the casinos are simply harder to play, our research tells us so." I asked to have a look at their research and, as you can imagine, I never received a response. The biggest laugh of all when it comes to this reasoning is they NEVER stipulate a time zone. "SURPRISE, SURPRISE.
In other words between the hours of 2 and 3pm (somewhere on earth) our system may not work at all. A bigger online money making scam I have not encountered anywhere.
The system's themselves are based on the mathematics of probability. My question to you regarding this is an old chestnut and one that rings frightfully true with these programs.
If you spin a coin 5 times and on all 5 occasions the coin has landed showing heads, what is the probability on the 6th spin it will land on tails?
Whilst you ponder the answer to this question I will discuss the betting "strategy" suggested in these roulette systems the scamers swear by. As discussed in my previous post the require you to increase your bet every time your selected bet does not come in.
bet $1 on black. If the number landed is black well done you are $1 in profit. If the number landed is red then bet $2 on black. Repeat this process until a black number is landed. (doubling your bet each time.)
If 6 red numbers come out in a row , and your bet is on black, what would be your 7th bet? Your 7th bet would be $64. If black was to land on the 7th spin what would your profit would be? Your profit would be..............$1 for that betting cycle. Laughable isn't it! Risking $64 dollars to make $1, who in their right mind would do such a thing. You would have actually wagered a total of $127 during this betting cycle (including all the previous failed bets in the cycle) to return only $1. On that 7th bet what are odds that a black number will be spun up???????? This returns us to the question at hand. The probability is what................. 80%, 90% or 95%? Nope it is much more even than that. If there was only red and black numbers on the board then, regardless of the numbers previously spun up, the chances of a black number landing are............50% are they not?
If you were to follow the betting cycle through until bet 7 this is the reality of you 7th bet.
You are risking a total of $127 for a $1 return at odds of LESS THAN 50%.
(Don't forget people Roulette boards have a green "zero" that can be spun up also)
If you are reading this and can not see the stupidity in such foolish investment then I can't help you so please exit out of my blog right now. I promise all of you there are much better ways to make a living online than throwing money down the toilet with rubbish like this. Making schemers rich is not a good feeling, trust me I know. Most online money making programs have at least something you can take out of them even is they are fundamentally flawed. Roulette scams have nothing they can teach you at all about making a living online and should be avoided at all costs.
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My next few posts will be dedicated to systems and programs that do work for me online, things that consistently make a profit. Blogging is a massive part of that. Until then happy money making and remember to send me an email or leave a comment if you have any questions on this post. Check out my next post.