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Bk Ray

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Member Since: Sat May 17, 2008
Posts: 7,718



Assuming a fair table, with just the inherrant mathematical edge to the house.

I walk in with £2,000.

I bet £100 Red. approx 49% that red comes up. It comes up black.I lose £100.

I bet £250 on Red. It comes up Green. I'm now down £350.

I bet £500 on Red. It eventually comes up Red. I'm up £150.

The above is 2 losses to my 1 win. A dangerous game to play, but even with more losses, I should still win, as long as I have the capital to keep playing and I know when to quit.





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Superman's Pal

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Member Since: Sat May 17, 2008
Posts: 3,747


That only works if you bet more when you know you're going to win and less when you're going to lose. If you had bet $100 on each spin in your scenario you would be down $100. Like you said, the odds favor the house, so you'll lose in the long run. If you happen to bet big and manage to win that spin, walk away a winner.


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Kev Agent of The Shadow


Location: Fair Oaks CA aka Rivendell
Member Since: Tue Jun 01, 2004
Posts: 2,707



    Quote:

    Assuming a fair table, with just the inherrant mathematical edge to the house.



    Quote:
    I walk in with £2,000.



    Quote:
    I bet £100 Red. approx 49% that red comes up. It comes up black.I lose £100.



    Quote:
    I bet £250 on Red. It comes up Green. I'm now down £350.



    Quote:
    I bet £500 on Red. It eventually comes up Red. I'm up £150.



    Quote:
    The above is 2 losses to my 1 win. A dangerous game to play, but even with more losses, I should still win, as long as I have the capital to keep playing and I know when to quit.


When I turned 21 my friends and I went to Reno and in our naivety we were completely convinced Roulette was "there for the taking". I think the strategy was to keep squaring the bet or something. 2, 4, 16, etc. which quickly went beyond our limited means.

The 0 & 00 make that game a House Game and there is no beating it, you might as well play Keno for all the good it will do you.






KATS latest read: The Sinister Shadow by "Kenneth Robeson"
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MysteryMan


Member Since: Fri Apr 28, 2017
Posts: 3,226



    Quote:

    Assuming a fair table, with just the inherrant mathematical edge to the house.



    Quote:
    I walk in with £2,000.



    Quote:
    I bet £100 Red. approx 49% that red comes up. It comes up black.I lose £100.



    Quote:
    I bet £250 on Red. It comes up Green. I'm now down £350.



    Quote:
    I bet £500 on Red. It eventually comes up Red. I'm up £150.



    Quote:
    The above is 2 losses to my 1 win. A dangerous game to play, but even with more losses, I should still win, as long as I have the capital to keep playing and I know when to quit.


That strategy requires...that there is no bid limit as well. Most tables have a maximum bid. And you are only winning the small amount of your initial bid....I think it can work to make a small amount if you have a big bank roll usually though.


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Bk Ray

Moderator

Member Since: Sat May 17, 2008
Posts: 7,718



Yeah, if there's a bid limit and it's close to the minimum stake, that would hurt the technique.

Apparently, this is actually a well known tactic. The Martingale Roulette Strategy.





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Bk Ray

Moderator

Member Since: Sat May 17, 2008
Posts: 7,718



Just as an academic exercise, I tried it.

I put down £20 and returned £50. I was one roll from losing the entire stake however.





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MysteryMan


Member Since: Fri Apr 28, 2017
Posts: 3,226



    Quote:

    Just as an academic exercise, I tried it.



    Quote:
    I put down £20 and returned £50. I was one roll from losing the entire stake however.


The odds are in your favour to win a small amount...but if you lose you lose big. I don't think the casinos care of you use it since they only care about net profits at the end. And roulette percentage wise is overall one of the worst games out there.

Black Jack - baccarat - and I forget the other are the 3 best percentage wins for players


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