| This is a discussion on Don't shoot me! - Roulette I think I have it worked out within the online poker forums, in the General Poker section; Alright hey all, I'm new to the site and play alot of texas holdem poker but i've just got in to roullete, and i've gone ... |
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| Don't shoot me! - Roulette I think I have it worked out Alright hey all, I'm new to the site and play alot of texas holdem poker but i've just got in to roullete, and i've gone from £200 to £600 in a day just by betting on red all day and doubling the bet each time i lost so i made money on every bet i made, the reason i never went broke doing this becuase i was betting firstly like 20p then 50p then £1 as i went up I really can't see how I can loose at roullete is this cheatin or sumtin? lol so for example I start out on 20p If I get a row of 10 black in a row! (unlilkey) i would have doubled up from 10p to £64 but because of the randomness of the game I've never seen it go this far black,and it will always eventually always land on red so you can't loose some one try this on a play money roullete game you'll see, i'm on a nice gambling high right now lol try it ur self before u knock it works a treat for me. 1. Select a colour – red or black. It doesn’t matter which. For the purpose of this explanation lets say you chose Red 2. Place the smallest bet the table will allow. This is usually £1 3. If the ball lands on Black double your bet to £2, keeping your money on Red. 4. Double your bet each time you lose until the ball lands on Red. **if your starting out on a £100 stack go for 10p and 20p bets then work up to 50p then £1 do this more as a saftey net for ur bet doubling otherwise you'll go bust on a bad run |
| Play Texas Hold'em Online Poker | Don't shoot me! - Roulette I think I have it worked out | |
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| ^ what DM said. Only works until you hit the betting limit, unfortunately. So you'll still go broke in the long run, unless you've got an infinite bankroll and a casino without a maximum bet. I dunno about your bankroll, but casinos always have defined min-max betting ranges because you can be sure that, if you've found out about this, the casinos knew about it a long time ago. |
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| Gonza, I know you are on a rush, but a friend of mine did this on Golden Palace a few years back. He made a quick $2,000 and then kept going. He quickly lost it, when there were 16 reds in a row. As mentioned above, in addition to Martingale eventually hitting the house limit, you also are wagering a large amount of money to win a few units of profit when you go on a losing streak. Since you mention that you are a poker player, then surely you are aware that this equates to terrible odds. Plus with variance, you are going to be a loser in the long run. I'd take that 600 pounds and bank it away. You had a nice run, don't ruin it. |
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| The problem is that although you'll make a pretty solid increase bit by bit when you hit, the one time you bust it's a HUGE bust. So you may win a couple bucks each time, but the one time you lose you're losing basically double the limit (limit+(1/2)*limit+(1/4)*limit+(1/8)*limit+...) and it happens more than 1 in 2*limit. Long story short, would you bet on a weighted 99-1 coin where if it comes up the 99% side you win $1 and if it lands on the 1 side you lose $200? That's basically what you're doing. The vast majority of the time you win, but the way you're playing it is -ev, which is obvious because no series of -ev bets can turn into a +ev bet. |
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| $2/$7/$25/$75/$190/$475/$1250/$3800 If I had alot of moniez this is how I would gambol it at roulette, you make at least a significant profit with each gamble. You gotta be baawlin tho to afford this, 8x trys, if you lose, you lose. Actually wait, if I had hmmm, 5k. Id do $500 on black, then $1000 on black, then $3500 on black. Nom nom, roulette is so gaaayyy, if you are mad rich you wouldnt care to lose this I suppose. Last edited by Monoxide : 6th May 2008 at 2:35 AM. |
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| I have tried this system, and it does work in the short run. I guess you gotta take your money out while you're ahead. With a huge BR it would be possible to stand even long runs of getting the other color, as you can always change to another table with higher stakes. And yes, you're at a disadvantage, but playing to win a few bucks and then run away with it is much better than staying, as the house will eventually take your money. |
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| The trick with roulette is not to gamble to much if you go on a heavy loosing streak like I said, if u bet 10p(cents i think it is in america) your more secure also the more money you got in your stack to play wth the more secure you are, really some times some sites give you an extra £100 free to play with if you deposit £100. so even if your on £200 still bet 10p becuase , how likley is it that you'll loose on black 20 times in a row? 50/50 still i know there's no real odds with roullete but i'd be shocked if I fliped a coin 20 times in a row to find it landed on heads every time. how much you make in an hour is all what it comes down to so don't be greedy and I can't see how you can go bust i'm gunna give it another go today i'm gunna have a 200 stack to play with as a test. |
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| yea u can lose 20 flips in a row, it is unlikely but it will happen (yes it will happen) now say that they only had red and black squares on a roulete board and wheel and u have an infinite bankroll, u will probably only break even or make a tiny profit with this strategy, but there is also the 0 and 00 squares on the board and that off the bat puts u at a huge disadvantage and will inevitably make u lose, maybe not in the short term but enventually u will lose |
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| Quote:
The thing is, the one time you lose, you lose 1,048,576 times your average profit when you do that. Except for that it's not 50-50 so the odds are worse. You win one bet very often, but lose over a million bets that once in a while. |
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| Doubled up my £200 to £400 now! still playing how I said workin a charm And to previous post sure I loose sometiems but thats fine as long as you double up everytime u do so and when ur bettign small amounts it's nothin to be afraid of really sicne you win on every time a black comes, see what i meen? just try it out on a play money roullete game and you'll see what i meen. it's a pretty good system |
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| I know it's a game of luck but, how can i loose if there's only red or black mostly? doubling up stops losses, and so far i've seen black hit a max of 8 times in a row when my saftey net is 20 losses However I do look at each post and take what there saying in to consideration, it's just i'm winning alot doing this and I just can't see how I can loose |
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#23 | ||||
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| Are you playing 24 hrs a day or something? The less your starting bet (aka. higher safety net) the lower your potential profit is going to be. So call me a sceptic but i can't see how you have made several hundred pounds at a 10p profit for each "run", unless you are playing constantly. Lets do the math. You say you made 400 pounds in one day-->well that is like ~ 8000 spins, which is like 24hrs in one day @ almost one spin every 10 seconds. Also where do you get 20 spins as a safety net with a 10p bet into a BR of 200? On your 11th spin starting from 10p you are already at 200 pounds. Therefore, 1/2048 times you are going busto with a 200 pound BR. Given the amount of times you must have played to show this profit you would have expected to bust your BR already. And sure as you increase your BR you get an increased leeway. But even doubling your bankroll doesn't even give you a full extra spin to get lucky. A large problem is the reality that once you have lost a few spins, your BR size is greatly decreased. So just coz your BR is 200 doesn't mean that your max bet can ever get to be 200. It is closer to 100 because you have to factor in the fact that you have lost 50 on the last spin, 25 on the spin before that 12.5 on the spin before that etc. So even with a BR of 600, you have a max bet of about 200-->because you can't possibly bet 400 the next turn if you lose since you only have ~200 left in your BR. So basically with a BR of 600 you are still losing 2/3 your BR (400) if you lose 12 times in a row (1/4096). So either you are playing on the world's fastest software, doing nothing else but playing roulette all day, and are defying all odds, or this story is somewhat embellished. Roulette is a losing game in the long haul plain and simple. The only exception would be is if you had an infinite bankroll and casinos did not impose min/max bets. But ofc they do because the house is always meant to win. |
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| Basically you're losing value for each bet you make on a non-biased roulette wheel, the more bets you make the more you lose on average. Ideally if you're going to bet on roulette take all the money you're willing to gamble and put it down on one spin. You're much better off going over to the craps table to do this however as there's less of a house edge and you can put it on don't come and take the maximum for odds and you're severely decreasing the house odds. Of course it's still a -EV proposition but it's better than roulette unless you're cheating. |
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| re: Don't shoot me! - Roulette I think I have it worked out poker Quote:
So you're going to go bust between 1/2048 and 1/4096 depending on where your BR is at when you hit the drought. And when you have to play thousands of rolls to get an increase of 400$ when you are making 10c per round of spins-->you can be assured that it is not a matter of if you go lose your profit but when. This whole "strategy" of playing roulette is based on the fact that you could theoretically have a bankroll so large and place bets so large that the odds of hitting a drought would be so remote that it would never happen (like 1 in 10 million say). But ofc IF it does happen then basically you lose everything you made, because the more remote the odds of losing everything the greater the #times of your initial buy in you will lose. And since no one can have an unlimited BR and because casino's impose maximum bets, you have to beat the odds in order to see a profit in the long run (coz of 2 dead spots on the roulette wheel). |
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#29 | ||||
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okay, let's try this one last time. chris has shown you that this is a well known gambling "system", that literally millions of people before you have thought of and used (and gone broke with). there has to be something wrong with your brain if youre unable to realize that if this worked either a) everyone would be rich, or b) casinos would not be in business the fact that people think they can "trick" the math makes my head explode. the math is still the math, genius! it's math! roulette is a losing bet, period. that's dictated by the casino. your betting pattern doesn't change the math behind it. there is still a theoretical average % of your money that you are losing on each spin. all the martingale does is change the distribution of your losses |
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| Quote:
Agree 100% with Combu - if this system actually worked, casinos would stop offering roulette in a heartbeat as they'd literally be giving money away. I'll ask again Gonza: what are the min/max bets on the table you're playing? |
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| wat u are doin is wat i call the methed ...or a form of it.it works on anything that u can gamble on...ile try to explane..your aim is to win a certain amount of money say 5 dollers..the stake u have to bet to win that is 5 doller ...u get evens on red at rouette if it red u win the 5 doller..job done..but if u lose u now need to win 10dollers so u put 10 doller on red..if that loses u put 20 ...then 40..and so on and so on..once u win u start again with the aim at 5 doller..u need a big bank role depending on the AIM...EASEY AS 1 2 3 . when your rich remember who told u lol.. |
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#35 | ||||
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| re: Don't shoot me! - Roulette I think I have it worked out poker You only have a 47% chance of winning per trial and you only double your money for each time you win, if you had an infinite amount of money and someone were willing to let you keep doubling your bets it would be likely to work during your lifetime, but neither of those things are true. |
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