The Rule of Three

The Rule of Three is a "principle in English writing that suggests that things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things." However my very own ROTH (ROT looks a little too crude for my liking) suggests a way to make money.

During a trip to the casino over the weekend, I could not help but notice how all the odds of the games are stacked against the gambler i.e. you and me. However this card game titled Casino War stood out from the crowd. It is loosely based on the children's game of War.

Here's how it goes: One card is dealt to a dealer and to a player. If the player's card is higher he or she wins the amount equal to his bet, if the dealer's card is higher, the player loses his bet.

In the event of a tie, things get a little bit complicated and is not needed in my ROTH but FYI: you either double your bet to play another round or surrender and lose half of the original amount you staked.

Suppose you staked 10 dollars on your card and lost, what would you do if you wanted to recoup your losses? Stake 20 dollars on the next bet? That is what I witnessed at the tables and it did not seem to work for most of the gamblers there. Double up a few more times and you will hit the maximum bet limit before long (if you have the capital). So much for rationality.

ROTH is simple. Place 3 bets on 3 separate cards/players and you will have 3 chances of winning every game compared to the puny single card that the dealer has. Do that consistently for every game and you'll experience how simple probability brings you cash. In my opinion, ties do not occur often enough to alter the odds too much.

Why 3 Bets? Well because its a nice number to manage.

Does it work on other card games? I would think not. For example, you can place 3 bets concurrently in a game of Blackjack but your decisions to hit or pass could significantly alter the chances of winning. Feel free to correct me if you feel otherwise.

Just for the record, this writer tested out the ROTH theory with his own cash and was pleasantly surprised with how things turned out.

Disclaimer: Despite this seemingly being a post about how to beat the casino, I am actually trying to show the irrationality of gamblers (and maybe consumers/investors) thereby advising greater discretion in making decisions that seem to be second nature.
This blog does not, in any way, encourage any form of gambling and if you have a gambling problem, please do not try to test out my ROTH theory.