I don't want to hijack this thread either, but you are mistaken. Taking odds simply reduces the house edge; it doesn't give you, the punter, an edge.
I would submit you simply got lucky with that one in a million roll, but I will give you props for having the stamina and patience to wait for it. No bell goes off in the casino when a shooter may get hot--in retrospect it's easy to see just like chart reading when a setup worked perfectly--because each roll of the dice is random and INDEPENDENT of any other.
I hope you find this valuable in case you decide to put up with the smoke and fatigue full time in hopes of making a living playing craps.
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I am reading "Pit Bull" by Martin Schwartz in parallel to "High probability trading" at present.
Pit Bull is highly entertaining, however there is some strange advise in there about gambling which makes me a little concerned. Things like "If you have had a good streak, it is time to switch table." or "Wait for a streak of the same result, then bet the opposite." Things which completely contradict probability and mathematics, and are more akin to superstition, and reek of confirmation bias.
Anyway, it is a good book, just thought I would mention it since gambling is being discussed.
I have the same issue as you in terms of potential latency (NZ vs Aus).
Not sure what software and data provider you are using, but if you are using ZenFire data, you can request your broker to allow you to have two simultaneous logins. Then you can access ZenFires beta Web site. In the top right hand corner they have a 'connection' light - if you hover your mouse over this it will tell you your current 'ping' time to ZenFire. Mine is normally about 230ms which is high compared to our US friends. Now this is the latency using the web interface which will be different to the direct connection ( I have noticed that sometimes the web is faster and other times the direct connection). But this is the best test you can do as ZenFire will not allow you to ping their live data connections.
THEN, if you are using NT charting software there is a setting to do with running in SIM that allows you to emulate the data and exchange delay. What I have done is change my data delay to 230ms so that when I am in SIM it is as realsitic as possible to live latency.
Of course you still have the issue of your place in the que for your order where running in SIM may or may not be realistic enough.
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