Joyner808
Joyner808
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December 27th, 2014 at 2:20:31 PM permalink
Looking for criticism/advice and the odds or probability of loosing this.
Bet ¢25 on the previous color, if i doesn't hit, switch to the color. Then repeat with the following betting pattern.
So basically what are the odds of Red then Black to hit consecutively 10 times.

1- .25
2- .25
3- .75
4- 1.50
5- 3.00
6- 6.25
7- 12.50
8- 25.00
9- 50.00
10- 100.00

I have used this in play mode for an hour and I've won $45.00, I know its a matter of time before I lose.
Thanks.
odiousgambit
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December 27th, 2014 at 2:26:24 PM permalink
Quote: Joyner808

Looking for criticism/advice and the odds or probability of loosing this.
Bet ¢25 on the previous color, if i doesn't hit, switch to the color. Then repeat with the following betting pattern.
So basically what are the odds of Red then Black to hit consecutively 10 times.

1- .25
2- .25
3- .75
4- 1.50
5- 3.00
6- 6.25
7- 12.50
8- 25.00
9- 50.00
10- 100.00

I have used this in play mode for an hour and I've won $45.00, I know its a matter of time before I lose.
Thanks.



well, as you can imagine no one has thought of anything like this before! You'd think the online people would not have left themselves open to this, but ....
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
Joyner808
Joyner808
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December 27th, 2014 at 2:30:28 PM permalink
I would still like to know odds of lossing
DJTeddyBear
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December 27th, 2014 at 3:40:09 PM permalink
The odds of X reds or blacks in a row is a simple calculation:

Double Zero: ( 18 / 38 ) ^ X

or

Single Zero: ( 18 / 37 ) ^ X
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Joyner808
Joyner808
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December 27th, 2014 at 3:52:03 PM permalink
So red/black/red/black/red/black so forth is no different than say Red coming up the same amount of times?
DJTeddyBear
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December 27th, 2014 at 4:06:40 PM permalink
Correct. It doesn't matter what the pattern is, or even if you predefined the pattern. As long as before each spin you pick one of those even money bets, the odds of being wrong X times in a row is easily calculated using the formula above.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Joyner808
Joyner808
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December 27th, 2014 at 4:23:50 PM permalink
Thank You, So (18/37)^10= 0.0007425194 So thats 1 in .00074% chance of it happening? or 99.925748 chance or not happening?
beachbumbabs
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December 27th, 2014 at 4:28:56 PM permalink
Quote: Joyner808

Thank You, So (18/37)^10= 0.0007425194 So thats 1 in .00074% chance of it happening? or 99.925748 chance or not happening?



It's both, though the decimal point in the first is off; .074% of it happening, 99.925...chance of it not happening.
If the House lost every hand, they wouldn't deal the game.
Joyner808
Joyner808
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December 27th, 2014 at 4:31:24 PM permalink
Thanks Guys. Does not seem to bad to try only with a $200.00 bankroll.
OnceDear
OnceDear
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December 27th, 2014 at 5:04:27 PM permalink
Quote: Joyner808

I would still like to know odds of lossing



The odds of doubling or losing your bankroll are both approx 50:50 with losing it being favourite.

Note to mods. Seriously, are the recent joiners who propose Martingales and roulette strategies all from the same ip address of the same junior school?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Boz
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December 27th, 2014 at 5:05:30 PM permalink
Are you willing to risk $100 to win .25?
Joyner808
Joyner808
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December 27th, 2014 at 5:13:28 PM permalink
Same High School ;)
Joyner808
Joyner808
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December 27th, 2014 at 5:15:23 PM permalink
It would suck to get to that bet. But no its not worth it. What do you Play Boz?
Dieter
Administrator
Dieter
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December 27th, 2014 at 6:16:34 PM permalink
Quote: Joyner808

Thanks Guys. Does not seem to bad to try only with a $200.00 bankroll.



There are better plays available.

If you were attempting to maximize rounds of play (entertainment value), you would flat bet.

If you were attempting to maximize winnings, you would selectively place bets where you had an advantage to win.
May the cards fall in your favor.
rsactuary
rsactuary
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December 27th, 2014 at 6:21:44 PM permalink
Quote: Boz

Are you willing to risk $100 to win .25?



Bingo! We have a winner!
Joyner808
Joyner808
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December 27th, 2014 at 9:08:43 PM permalink
Quote: Dieter

There are better plays available.

If you were attempting to maximize rounds of play (entertainment value), you would flat bet.

If you were attempting to maximize winnings, you would selectively place bets where you had an advantage to win.




what plays would be better in your opinion?
beachbumbabs
beachbumbabs
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December 27th, 2014 at 10:19:54 PM permalink
Quote: OnceDear

The odds of doubling or losing your bankroll are both approx 50:50 with losing it being favourite.

Note to mods. Seriously, are the recent joiners who propose Martingales and roulette strategies all from the same ip address of the same junior school?



OnceDear,

It's part of my routine to check IP's on all new posters, because we've had a rash of dupes. If they're still in blue, it's because they were not dupes by IP. Beyond that I can't say.
If the House lost every hand, they wouldn't deal the game.
Dieter
Administrator
Dieter
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December 27th, 2014 at 11:18:59 PM permalink
Quote: Joyner808

what plays would be better in your opinion?



What do you want to accomplish?

Is there some reason you want to play a game with a high house edge?
May the cards fall in your favor.
Joyner808
Joyner808
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December 29th, 2014 at 11:31:10 AM permalink
Quote: Dieter

What do you want to accomplish?

Is there some reason you want to play a game with a high house edge?



I would like to be able to play for a good length of time and slowly make some money. And roulette is small enough Mins bets to do that.
Dieter
Administrator
Dieter
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December 29th, 2014 at 1:00:07 PM permalink
Quote: Joyner808

I would like to be able to play for a good length of time and slowly make some money. And roulette is small enough Mins bets to do that.



The expectation with roulette is to lose a little over a penny for every 25 cents you bet (or a nickel for every 95 cents bet)... unless you know something.

Video poker would generally have a lower house edge, and often allows similarly small wagers.

Playing even money roulette wagers and hoping for a string of wins and martingaling is... risky.

However, I'm a big fan of doing what works - so if this system is winning for you, enjoy.

I hope it keeps working for you, and that you manage to stop before you lose it all.
May the cards fall in your favor.
Joyner808
Joyner808
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December 29th, 2014 at 1:42:04 PM permalink
Quote: Dieter

The expectation with roulette is to lose a little over a penny for every 25 cents you bet (or a nickel for every 95 cents bet)... unless you know something.

Video poker would generally have a lower house edge, and often allows similarly small wagers.

Playing even money roulette wagers and hoping for a string of wins and martingaling is... risky.

However, I'm a big fan of doing what works - so if this system is winning for you, enjoy.

I hope it keeps working for you, and that you manage to stop before you lose it all.




Thanks. Ive changed it up a bit, I bet the first three bets on Red or Black then after that fails i switch to betting two of the Columns. something like this
.25
.50
.75
1.75 1.75
5.50 5.50
16.50 16.50
50.00 50.00


It seems to work better. Now only have a starting bankroll of 149.00
OnceDear
OnceDear
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December 29th, 2014 at 3:23:22 PM permalink
Quote: Joyner808


Thanks. Ive changed it up a bit,
It seems to work better. Now only have a starting bankroll of 149.00



Joyner... Please listen carefully. Lets's say for the sake of interest that $149 is a significant amount of money to you. There is no combination of roulette betting strategies that can influence the house edge. The more often you wager, the closer your actual results will be to the theoretical results. Whatever your betting pattern, you are just a little less likely to double your money than to lose it. You are just playing a variation of Martingale. Google it: research it. It is a very, very bad strategy. Not just in theory, but in the experience of many real gamblers.
It is akin to betting money on a game of russian roulette, where you will win frequently and be destroyed once.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
AxelWolf
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December 29th, 2014 at 3:53:45 PM permalink
Quote: OnceDear

Joyner... Please listen carefully. Lets's say for the sake of interest that $149 is a significant amount of money to you. There is no combination of roulette betting strategies that can influence the house edge. The more often you wager, the closer your actual results will be to the theoretical results. Whatever your betting pattern, you are just a little less likely to double your money than to lose it. You are just playing a variation of Martingale. Google it: research it. It is a very, very bad strategy. Not just in theory, but in the experience of many real gamblers.
It is akin to betting money on a game of russian roulette, where you will win frequently and be destroyed once.

Assuming you are going to gamble ANYWAYS. Let's say you have free promotion chips or something. I don't think variations of martingale is a horrible strategy. Say 1 2 4 8 16 32 stop win or lose and repeat. Possibly mix it up a bit. It has.more entrainment value that flat betting.

If you're playing it because you think it's a winning system or you keep going untill you're risking tons of chips then it's a bad idea.

It's amazing how anyone believes this crap can actually over come the HA in the long run.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
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