I hate scammers! This post is going to be a bit off topic (although I'll try and pull it back on-topic later on). Well, its on topic-ish, as I'm going to mention systems, ebooks and gambling. The gambling in question is related to on-line casinos. What am I on about? Well, I came across a forum post promising a wealth build system that wasn't the usual list. My thought, if something promises to be too good to be true is that it is too good to be true. I was intrigued though. I followed the link, expecting to see an advert for an ebook that made lots of big promises, showed little and demanded a big price. Instead I found the usual big promises but this time the ebook was offered for free in exchange for testimonials "when you start making big money too". Hmmm, that pulled me in somewhat. Suddenly there seemed no risk. Ok, I thought, what is this system that promised money without setting up a web site, a business, adwords or similar? I read the ebook and the first half was all about trying to get you to think you had found a gold mine and to think about how you're going to spend the money! The second half contained the system. I read it through. It started by saying that it involved on-line casinos. "What a waste of time", I thought and was ready to close the ebook, delete it and forget it, but then the next lines held my interest when they started talking about a loop hole in computer based gambling systems that can be exploited. I read on. It stated that a system had been found that would not work on real roulette but was ideal for on-line roulette due to the problem with computer generated random numbers. This almost had me. I know about computers and I know that a desktop computer can't create true random numbers. A computer has to use a formula that gives what look like random numbers, called pseudo random numbers. The system revolved around the fact that pseudo random numbers can be relied upon to be distributed evenly across the range of numbers. So, the idea came in two parts: 1) When to bet and on what and 2) A staking system. This made sense and I started to wonder if it could actually be legit, I mean, if this is being offered "pre-release" in order to get testimonials, that kind of made sense and it is always good to get something for free when it normally has a price tag attached (which the ebook claimed to have) and the system seemed plausible. Well, almost plausible. I did some more research. I wrote a roulette wheel sim and tested the system on it, it worked. With the random numbers my computer generated, the system worked. I was a step away from giving it a try. The system said to use a specific online casino and provided a link to it and set up instructions. I checked out the casino, to see if it was legit and it was. Whilst doing that I noticed that the casino said that it used a RNG (Random Number Generator). This was the problem. A RNG is a special piece of kit that can be used to generate real random numbers for use by computers, e.g. it doesn't rely on computer formulae to get numbers, it samples white noise levels or other random external events and feeds that back to the computer. So, the system would not work, so I wondered why the free ebook was there and then I thought about the link to set up an account at the casino (the ebook said that at least £50 should be deposited, in order for it to work!). The link was an affiliate link, the ebook author gets a percentage of any money that anyone they sign up loses! Very sneaky, especially when you look at the staking system. It was a slightly disguised martingale system!
So, how can I make this post relevant? (even if it hopefully will help save some people money signing up to this scam) Well, I think, before engaging money, other than a trivial amount, into any system or idea, you need to do the research yourself and not just trust the sales pitch, no matter how great the promises.
"How to Stop Losing and Start Profiting"