Ardent1
Ardent1
  • Threads: 5
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Joined: Dec 19, 2012
December 19th, 2012 at 10:03:18 AM permalink
I understand a betting progression in American Roulette doesn't beat the inherent 5.26% house edge. Another way of saying this is that the average loss more wipes out the average gain.

Most casinos I've been to have bet limits of 1 - 25 units for straight up numbers. For example, the minium bet is $1 and the max bet is $25. However, I've noticed some casino that are offerring 1 to 100 or 1 to 200 min/max or bet spreads.

I am curious to see how long one could last on a 10,000 unit bankroll based on bet spreads of 1 - 25, 1 - 50, 1 - 100, 1 - 200, 1 - 400, and 1 - 800. I image that it takes a long time to bust out with the bigger bet spreads, respectively.

Any simulation is appreciated. Thanks.
AxiomOfChoice
AxiomOfChoice
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Joined: Sep 12, 2012
December 20th, 2012 at 11:10:08 PM permalink
I dunno. The more you can bet, the more you can lose.

The best bet spread for the player is 1-1. Those thousand units will last a long time.
Ardent1
Ardent1
  • Threads: 5
  • Posts: 168
Joined: Dec 19, 2012
December 24th, 2012 at 3:27:29 AM permalink
There was a good study done by Michael Bluejay -- https://easy.vegas/gambling/martingale-betting-system

I was curious if anyone else knew a better study.
Last edited by: unnamed administrator on Aug 19, 2019
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