Roulette systems - do they work?

roulettepro · #1 09-26-2006, 05:26 PM

*Deleted*

ZimbuTheMonkey · #2 09-26-2006, 05:29 PM

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do they work?

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No.

Tuco · #3 09-26-2006, 05:35 PM

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Just curious to see if anyone has ever found any that actually brings a profit constantly, i.e. in the long run?

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I have. I bet 34 different number EVERY spin. The key is to leave out the LAST 4 numbers that have been rolled. Very important.

This way I get 35 bets back EVERY spin, but I only have to bet 34. Free money.

Tuco.

LotsOfOuts69 · #4 09-26-2006, 05:36 PM

I make about $60/hour 4-tabling roulette wheels with $5 bets using a system I came up with.

Wongboy · #5 09-26-2006, 05:53 PM

Roulette is unique in being the only casino table game where every available bet has the same EV, even though the odds and payouts change dramatically (from even money to 35:1). At a double zero Roulette table, you are at a disadvantage of a little over 5% for all of your action (single zero table disadvantage is roughly half of this amount). The game is very symmetrical and there is a real beauty in that.

Unfortunately, it is not beatable. Over the long term, your expected loss will be roughly 5% of the total amount that you have wagered (assuming double zero). Your actual results will converge to this expectation as you have more and more wagers.

You do not need to believe me on this. For fun, you can set up a quick little experiment using MS Excel. Use the random number generator and plug your system in as betting logic. Just make sure you include the zero results, as they are the basis for the house advantage. Run a million trials and see if your actual result is very far from the expected result of -5% X total amount wagered. If it is, you should double check your spreadsheet set-up. You can see the results for any proposed betting system using this method.

While your EV (and long-term results) will not be impacted by a betting system, various systems will have different impacts on your short-term results. For example, you could look for the system that will minimize variance (for bonus whoring), or maximize variance (if you want to Gambool).

$Robbed$ · #6 09-26-2006, 05:58 PM

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I make about $60/hour 4-tabling roulette wheels with $5 bets using a system I came up with.

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So lets hear it.

SavageMiser · #7 09-26-2006, 06:00 PM

You mean Internet roulette? I've been wondering about the B&M wheels lately ... Guardian story

$Robbed$ · #8 09-26-2006, 06:06 PM

I have come up with the best roulette strategy ever. What you do is. Select the $500 chip. Close your eyes. Randomly click around 10-15 times on the board. Open and push spin. Cash out millions. Repeat

CORed · #9 09-26-2006, 06:26 PM

Roulette is the most honest of all casino table games. Note that I did not say that it is fair. It is not. However, the house advantage for roulette is obvious to anybody who is not mathematically retarded. If you can not, after looking at a roulette layout and wheel for five minutes, understand why the house has an unbeatable advantage at this game, you are probably fit for a career only in fast food or janitorial service, or possibly teaching liberal arts cousres.

lotus guardian · #10 09-26-2006, 07:49 PM

It's not as easy for many people as it is for many of us to understand that past results don't affect future ones. I know that many people that have a much better job than flipping burguers have no idea that the house has an unbeatable edge (with minor exceptions) at all casino games. People in general just don't think rationally. If they did they wouldn't even need to know the rules of a casino game to know it's unbeatable.